Indian stock exchanges (BSE and NSE including SMEs) ranked ninth in the world in terms of the number of IPOs in full year of 2020. There were no cross-border deals. Shivani SharmaDesign by Pragati Srivastava
In the main markets (i.e., BSE and NSE), there were 15 IPOs in Q4 2020 worth $4 billion.
Regarding SME markets, there were 28 IPOs in full year of 2020 recording the proceeds worth $26 million.
In the main markets (i.e. BSE and NSE), there were 10 IPOs in Q4 2020 versus five IPOs in Q4 2019 and four IPOs in Q3 2020. This represents an increase of 100% compared to Q4 2019 and an increase of 150% compared to Q3 2020.
SME markets, there were nine IPOs in Q4 2020 versus six and four IPOs in Q4 2019 and Q3 2020, respectively, representing an increase of 50% as compared to Q4 2019 and increase of 125% as compared to Q3 2020.
Real estate (RE), hospitality and construction, diversified industrial products were the most active sectors (in terms of the number of IPOs) with three IPOs launched in each sector (including main and SME markets).
In terms of the issue size, an IPO by Gland Pharma Limited from the life sciences sector was the largest in Q4 2020.