New Delhi. In the midst of difficult economic conditions, investors are going to get a great opportunity to earn money from home in October 2021. Actually, this month the IPOs of 12 companies including PolicyBazaar will open for subscription. Indian companies have so far raised Rs 59,716 crore through public offer in the financial year 2021-22 amid the second wave of corona virus. At the same time, many companies are still waiting for the approval of the capital markets regulator SEBI for their IPO. Let us know which companies are bringing the issue in October 2021.

Benefit from lack of capital in the stock market
October 2021 will be a busy month in terms of raising funds through IPO. This month 12 companies are working on a plan to raise more than Rs 20,000 crore through IPO. Due to the bullish phase in the stock market and the lack of liquidity, the sentiment remains very strong for the IPO at the moment. In September, five companies had raised around Rs 6,700 crore through IPOs. These include companies like Ami Organics, Vijaya Diagnostics, Sunsera Engineering, Paras Defense and Aditya Birla Sun Life MC.

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‘Very good environment for IPO’
A large number of IPOs are to come in the second half of the financial year 2021-22. Companies can raise funds of more than one lakh crore rupees through these. Gaurav Garg, Head of Research, CapitalVia Global Research, said that the current year has been very good so far in terms of IPOs. The performance of the IPO for the rest of the year will also depend on the performance of the secondary market. The primary market may be hit hard by the Federal Reserve’s cut in bond purchases. However, with the accelerated economic recovery and the start of the announcement of results, the environment for IPO may be strengthened.

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These companies are to come IPO in October
Policybazaar Rs 6,017 crore, Nykaa Rs 4,000 crore, Northern Arc Capital Rs 1,800 crore, Fincare Small Finance Bank Rs 1,330 crore, Emcure Pharmaceuticals Rs 4,500 crore and MobiKwik Rs 1,900 crore IPO in October 2021. Apart from these, there will also be a public offer of Star Health and Allied Insurance and Utkarsh Small Finance Bank in October. In the current financial year so far, 26 companies have received public offers and Rs 59,716 crore has been raised through them.

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