Public issues in India worth $ 8.3 billion in the year 2007

Published by admin on January 3rd, 2008 | Tagged Business, News

Some of the big issues

DLF: The biggest IPO was by the real estate company DLF, which raised more than $ 2 billion or about Rs 9187 crores

Power Grid Corporation of India Ltd: Rs 2,984 crores

Idea Cellular : Rs 2,443 crores

Mundra Port & SEZ: Rs 1,771 crores

IPOs in India

According to Ernst and Young,The IPOs in the Indian Markets were worth $ 8.3 billion in the year 2007.The total number of IPOs crossed the one hundred mark.

Worldwide IPOs:

According to Ernst and Young,there were more than 1739 IPOs,raising around $ 255 billion.

Worlds Largest IPO:The Worlds Largest IPO was by VTB Bank of Russia,which raised $ 8 billion

China Saw $54.4 billion worth of IPOs through the 222 issues.

IPOs for 2008

Here are some of the IPOs that are going to take place 2008:

Reliance power:This IPO is expected to raise Rs 11000 to Rs 12000 crores

UTI Mutual Fund:The expected offer size is Rs 2000 crores

Emaar MGF Land Limited:The expected offer size is around Rs 4000-5000 crores

Wockhardt Hospitals: The expected offer size is about Rs 1000 crores