Nine companies are planning initial public offerings to raise over Rs. 17,000 crore in the primary market in the next 4-6 weeks according to bankers. The companies looking to list include Avalon Technologies, Capillary Technologies, Cogent Systems, Divgi TorqTransfer Systems, Mankind Pharma, Nexus Malls REIT, Signature Global, TVS Supply Chain, and Utkarsh. The primary market facilitates new stock issues and provides underwriting services to help companies sell new shares and raise capital for expansion.
Nine companies are planning initial public offerings to raise over Rs. 17,000 crore in the primary market in the next 4-6 weeks according to bankers. The companies looking to list include Avalon Technologies, Capillary Technologies, Cogent Systems, Divgi TorqTransfer Systems, Mankind Pharma, Nexus Malls REIT, Signature Global, TVS Supply Chain, and Utkarsh. The primary market facilitates new stock issues and provides underwriting services to help companies sell new shares and raise capital for expansion.
Nine companies are planning initial public offerings to raise over Rs. 17,000 crore in the primary market in the next 4-6 weeks according to bankers. The companies looking to list include Avalon Technologies, Capillary Technologies, Cogent Systems, Divgi TorqTransfer Systems, Mankind Pharma, Nexus Malls REIT, Signature Global, TVS Supply Chain, and Utkarsh. The primary market facilitates new stock issues and provides underwriting services to help companies sell new shares and raise capital for expansion.
Nine companies are planning initial public offerings to raise over Rs. 17,000 crore in the primary market in the next 4-6 weeks according to bankers. The companies looking to list include Avalon Technologies, Capillary Technologies, Cogent Systems, Divgi TorqTransfer Systems, Mankind Pharma, Nexus Malls REIT, Signature Global, TVS Supply Chain, and Utkarsh. The primary market facilitates new stock issues and provides underwriting services to help companies sell new shares and raise capital for expansion.
Download as PPTX, PDF, TXT or read online from Scribd
Download as pptx, pdf, or txt
You are on page 1/ 13
Primary Market
IPO drought to end in March with nine
companies seeking to raise over Rs 17,000 crore •
Companies planning to enter the primary market in the next 4-6
weeks, according to bankers, include Avalon Technologies, Capillary Technologies, Cogent Systems, Divgi TorqTransfer Systems, Mankind Pharma, Nexus Malls REIT, Signature Global, TVS Supply Chain, and Utkarsh Adani-Hindenburg row: Concerns over impact on banks overstated
• https://mintgenie.livemint.com/news/markets/adani-hindenburg- row-concerns-over-impact-on-banks-overstated-says-nishit-master-of- axis-securities-pms-151677229615223 Domestic capital to drive primary market activity in 2023
• https://www.livemint.com/opinion/online-views/domestic-capital-to- drive-primary-market-activity-in-2023-11675074912766.html Indian Markets Raised Over Rs 1.52 Lakh Crore In December Via Equity And Debt: Sebi
• https://www.outlookindia.com/business/indian-markets-raised-over- rs-1-52-lakh-crore-in-december-via-equity-and-debt-sebi-news- 264315 UK overtakes India as the world’s sixth-biggest equity market
• https://www.livemint.com/market/uk-overtakes-india-as-the-world-s- sixth-biggest-equity-market-11677062873025.html Primary market • New securities are issued in a primary market. A debt-based or equity- based security is an asset that companies, governments, and other organisations use to obtain financing. Investment banks set the beginning price range for securities and oversee their sale to investors in the primary markets. • A strict set of regulations governs all issues on the primary market. In order to offer securities for sale to investors, companies have to file statements with the Securities and Exchange Commission (SEC) and other such agencies. Once all the stocks or bonds in the initial offering have been sold, the primary market closes. Secondary market trading then takes place. Functions • New issue offer: • The primary market facilitates a new issue offer which has not previously been traded on any stock exchange. So it is called a new issue market. • However, a new issue offer is not an easy task. It involves a complete evaluation of a project’s feasibility.
• For instance, financial arrangements must include liquidity ratio, debt-equity ratio, promoters equity, and foreign exchange demand.
• Underwriting services: • Underwriting is critical for a company which is launching a new issue offer where the underwriter must purchase all unsold shares if the company cannot sell the requisite shares to the public. • Many financial institutions play the role of underwriters and earn commissions. Investors fall back on underwriters to determine if taking up the risk is worth the return. Sometimes underwriters buy the entire IPO issue and then sell it to the investors.
• Distribution of New Issue:
• The primary market has another vital function. The distribution process is initiated through a new prospectus issue. Moreover, the general public is invited to purchase the new issue, and thorough information is given about the company, issue, and the underwriters. Types of Primary market • https://groww.in/p/primary-market
• https://cleartax.in/s/primary-market Definition • A primary market is a marketplace where corporations imbibe a fresh issue of shares for being contributed by the public for soliciting capital to meet their necessary long-term funds like extending the current trade or buying a unique entity.
• A secondary market is a prototype of the capital market where
debentures, current shares, options, bonds, treasury bills, commercial papers, etc., of the enterprises are patronised amongst the investors. Primary v/s Secondary MArket • 1. Buying and selling takes place between the company and the investors. In secondar Market: Buying and selling takes place between the investors.
• provides financing to the existing companies for facilitating
