Lucknow Stock：More than 130 listed in half a year!India set off an IPO frenzy

With the surge in the Indian stock market, the bells of major exchanges in India have been frequently in the past two years.

In 2024, India's first public offering (IPO) frenzy has no signs of weakening.FactSet's data shows that so far in 2024, India has ushered in 130 companies listed, with a financing amount of 313 billion Indian rupees (about 3.74 billion US dollars).According to the speed of the first half of the year, the number of IPOs in India this year is expected to surpass 2023, setting a new record.

In 2023, there were 238 IPOs in India, the number reached a nine -year high in the country, with a total financing of 614 billion rupees (about 7.35 billion US dollars).At the same time, India ranked first in the world last year.

In an interview with CNBC, Neil Bahal, founder of VCAPITAL, said, "As a large number of IPOs and private equity are withdrawn, India will usher in a record year." Bahal believes that the policy support and active policy of retail investors in the Indian Securities Exchange Commission will beWith the participation of entering the market, the performance of the Indian stock market inspired the company to go public.

DHRUBA, CEO of the asset management company Wrise Private Middle East, pointed out that risk capital and private equity equity regarded the Indian stock market as an excellent exit (profit) way.He is expected to be listed on India, an Indian electric vehicle manufacturer Ola Electric, the education company Aakash Eductional Services and the third -party payment platform, and the third -party payment platform.

At present, many science and technology innovation companies in India are in the stage of listing. Food and grocery distribution companies Swigage, online travel portal website ixigo, software service company UnicomCommerce, and payment company Mobikwik are undergoing IPOs.

In addition to local companies, the attraction of Indian IPO has gradually spread to overseas companies.This week, the IPO of Hyundai Automobile India will raise news about $ 25 to 3 billion, which has aroused widespread media attention.If it is successfully listed, this will make it one of the largest IPOs in India's history, and the Indian Life Insurance Corporation raised a record of 206 billion rupees (about $ 2.5 billion) in 2022.India has also attracted companies such as Unilever (India), Siemens (India) and ABB (India).

However, there are also worries under the signs of enthusiasm.Some analysts have pointed out that the current Indian stock market has a high valuation and a large riskLucknow Stock. In the future, we need to pay attention to downward risks.Kunal Vora, head of Indian stock research at the French Bank of France BNP Paribas, said that the strong momentum of the Indian IPO market may continue in the short term.But in the long run, the valuation problem is one of the main concerns of the current market.

In the long run, many Indian IPO companies have not performed well.The report of the investment company YK2 Partners shows that since the beginning of 2021, companies listed in India not only extend 44 times average, but also have an average increase of about 25%on the first day of listing.But in fact, about two -thirds of listed companies subsequently lag behind the broader market.For example, Paytm is one of the earliest public -listed technology startups in 2021. Its stock price is about 609 rupees per share, which is nearly 70%from its IPO price.Simla Stock

CNBC also pointed out that one week after the Indian election ended, the trend of the country's stock market seemed more cautious.