Investors to gear up themselves for the upcoming IPO in the next couple of months By Mr. Yash Gupta, Angel Broking Ltd
Below are Quote on Investors to gear up themselves for the upcoming IPO in the next couple of months. by Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd
As the stock market is at an all time high, the IPO market is also getting active as we have seen in the last 2 weeks 2 very big IPO news has started floating in the IPO market. We will see IPOs from different sectors in the next couple of months like from online portal Zomato, Car trade and in Pharma sector Glenmark Life sciences. Along with all this one of the biggest IPO in Indian stock market history to come in 2nd half of CY2021. Paytm (One97 Communication) IPO size is expected to be around ₹21000-₹22000 Crores with total valuation of around ₹1,80,000 crores. Last time in 2010 we saw the biggest IPO of Coal India of ₹15,475 crores.
We see some of this IPO having very good long-term potential and some of them having Listing gain potential, so investors gear up themselves for very good returns from the IPO market in upcoming months. In the past this year we have seen very good listing gains in several stocks like Nazara Technologies (up by 43%), Mtar Technologies ( up by 88%). We expect a similar line of performance by some of the new IPO in the next couple of months. As per the different market reports IPO like Zomato, Car trade, Glenmark life sciences and Aditya birla sun life AMC to finalise their IPo dates in next couple of Quarters.
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