Business Standard

Monday, February 03, 2025 | 09:18 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

IPOs off to best start in 12 yrs as Budget uncertainty spurs rush of offers

Four deals worth Rs 7,376 crore launched, most since Jan 2008; bullish sentiment in secondary market fuels new offers

IPOs
Premium

Representative Image

Samie Modak Mumbai
The initial public offering (IPO) market has kicked off the New Year on a strongest note in more than a decade. Four maiden offerings have managed to raise a cumulative Rs 7,376 crore—most since January 2008, when the now-infamous Rs 11,700 crore of Reliance Power was launched.

Uncertainty around the Budget and bullish sentiment in the secondary market has prompted the IPO rush this month, say experts.

“There is a buzz that the Finance Minister will tinker with stock market related taxes to make up for the loss in revenues due to the covid-19 pandemic. To avoid the possibility of

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in