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IPO fund raising cross Rs 20 bn mark in 2016
Sep 22, 2016


The big bang IPO of ICICI Prudential Life saw a lot of firsts. Here's one more. With this IPO, the total capital raised through IPOs crosses the Rs 200 bn mark in 2016. What more, the IPO fund raising also hits a six-year high as the last time more funds were raised was in 2010 when an all- time high of Rs 375 bn were mopped up. Will we break this record in the remainder of the year? Well, looks unlikely. We can certainly come quite close because if a leading daily is to be believed, deals worth Rs 100 bn are waiting to hit primary markets.

While our general pessimism towards them is quite well known, we do think there are a select few that are fundamentally strong and also leave some money on the table for investors. In order to have a great shot at identifying the right ones, do check out our special report titled The Handbook of IPO investing. Besides providing a checklist on how to identify the right IPOs, it also has a special focus on analyzing insurance stocks and how to go about valuing them. We are sure you will come back with some new insights. Click here to get your free copy right away

Data Source: Business Standard, Uptil ICICI pru IPO.

This Chart Of The Day was published in The 5 Minute WrapUp - Buffett Owes His US$67 Billion Net Worth to These Three Words

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