IPOs To Watch Out In December 2024: 10 Companies Looking To Raise Rs 20,000 Crore Via Public Offer; Details

December month is right around the corner, and the primary market is already looking to have a busy last month of 2024. Approximately 10 companies are looking to enter stock exchanges through the gates of IPO, and cumulatively they are estimated to raise about Rs 20,000 crore.

Some of the largest IPOs expected in December are Vishal Mega Mart which is expected to launch an Rs 8,000 crore IPO, followed by the International Gemological Institute IPO of Rs 4,000 crore, and Avanse Financial Services IPO of Rs 3,500 crore.

Here is the total list:

- Vishal Mega Mart IPO

- International Gemological Institute IPO

- Avanse Financial Services IPO

- DAM Capital Advisors IPO

- Sai Life Sciences IPO

- Paras Healthcare IPO

- Suraksha Diagnostic IPO

- Mamata Machinery IPO

- Transrail Lighting IPO

In 2024, so far, 75 companies have collectively raised a whopping Rs 1.3 lakh crore through the mainboard IPOs on BSE and NSE. This also includes the largest IPO in the history of Indian market, Hyundai Motor India, along with NTPC Green Energy, Swiggy, Bajaj Housing Finance, Waree Energies, and Ola Electric Mobility.

Why Consider Investing In IPOs?

As per Kotak Securities website, in an Initial Public Offering (IPO), investors have the opportunity to purchase shares of the issuing company, making them shareholders through their financial investment. Shareholders, based on their stake, receive entitlements such as dividends and bonus shares, determined by the company's earnings and management declarations. Traditionally, equities have demonstrated superior returns compared to other asset classes.

Also, the brokerage highlighted that it is advisable for investors to include a proportion of equities in their portfolio. Nevertheless, equities come with inherent risks, as share prices can be volatile due to various economic and non-economic factors, often without clear triggers. Over the long term, however, engaging in the stock market allows for wealth creation by investing in valuable stocks from reputable companies with strong business models and financial performance.