12 Companies to raise 17000 Crore in June Quarter via IPO

As the secondary market is going well there is a good news for primary market as well that a dozen of the companies to come up with the ipos around 17000 crore. As per the speculations stock analyst are very much positive for the upcoming season of ipos.

We can expect a big names like HDFC Asset Management, Varroc Engineering, IndoStar Capital Finance and Reliance General Insurance which will raise around 11 crore from the primary market. The other companies will contribute around 6000 crore of the rest.

As the ipo market is very good from last January 2017 total 88000 crore is been raised from more than 85 companies via initial public offer. As per the current year there are 13 ipos which listed and in which 7 are in the discount while 6 are in premium.

New Accounting Standard change might be very helpful for the new ipos to come up. We can expect more companies to comeup with an IPO in this time frame. As per the new standards the companies who has net worth of 250-500 crore can prepare their accounts for the year ended 31-March-2018 as per the IndAS accounting standards.

No.	IPO Name	IPO Size
1	HDFC Asset Management	5000 Cr.
2	Varroc Engineering	2200 Cr.
3	IndoStar Capital Finance	2000 Cr.
4	Reliance General Insurance	2000 Cr.
5	CreditAccess Grameen	1400 Cr.
6	TCNS Clothing	1200 Cr.
7	Devi Sea Foods	900 Cr.
8	Nekkanti Sea Foods	750 Cr.
9	Capricon Food Products	500 Cr.
10	Rail Vikas Nigam (RVNL)	630 Cr.
11	Garden Reach Shipbuilders & Engineers	400 Cr.
12	Nazara Technologies	400 Cr.
	Total	17000 Cr.

Note: The above given ipos are in the list are probable. It might be vary at a time. The ipo size is approx numbers.