63 business jointly raised Rs 1,18,704 crore through IPOs throughout 2021.New-age innovation brands like Paytm, Zomato, Nykaa and Policybazaar, led a record Rs 1.2 lakh crore mop-up through going publics (IPOs) in India throughout 2021 even as the stock exchange key indices leaped to new highs shaking off COVID concerns.The Indian main market was buzzing throughout the year.

63 companies collectively raised Rs 1,18,704 crore (USD 15.4 billion) through IPOs throughout 2021.

This is the greatest quantity of cash raised through IPOs in a calendar year.The previous best year for IPO was 2017 when Rs 68,827 crore was raised.

The cash raised in the primary market in 2021 is 62 per cent more than the total quantity of Rs 73,003 crore raised in the preceding 3 years (2018 to 2020).

Throughout 2020, the total money raised through IPOs in India stood at Rs 26,613 crore, which was nearly one-fifth of the mop-up during 2021.

The average concern size throughout the year 2021 stood at Rs 1,884 crore.The bullish trend at the stock markets buoyed the financiers' interests in the IPOs.

The benchmark indices of the Indian stock markets hit brand-new highs throughout the year.

Sensex of the Bombay Stock Market (BSE) struck a record high of 62245.43 points while Cool 50 of the National Stock Exchange (NSE) touched its all-time high of 18,604.45 points on October 19, 2021.

The record fundraising from the Indian primary market was led by the new-age innovation businesses.

IPOs from new-age loss-making technology start-ups, strong retail participation and big listing gains were the crucial highlights, said Pranav Haldea, Managing Director of Prime Database Group.One 97 Communications, the parent business of digital payments platform Paytm, raised a massive Rs 18,300 crore (USD 2.5 billion) through IPO.

This is, up until now, the largest ever IPO in India.

Paytm's IPO exceeded the enduring IPO record of Rs 15,200 crore set by the state-run Coal India Limited in 2010.

Though Paytm's IPO got subscribed 1.89 times, it made a dreadful debut at the stock exchange crashing 27 percent from its issue price (Rs 2,150 per share) on the first day due to lofty evaluation and suspicion about its organization model.The second-largest IPO throughout the year was of online food delivery platform Zomato.

The company raised Rs 9,375 crore through the IPO.

It was a huge success with the IPO getting subscribed 38.25 times.

Zomato likewise made an outstanding launching at the stock exchange making a launching at 53 percent premium over its problem price.PB Fintech, the parent company of online insurance aggregator Policybazaar and credit contrast platform Paisabazaar, raised Rs 5,710 crore from the main market.

It consisted of a fresh concern of equity shares worth Rs 3,750 crore and an offer of sale of Rs 1,960 crore by existing shareholders.

The parent firm of Policybazaar and Paisabazaar was earlier named Etechaces Marketing and Consulting Pvt.

Ltd.

The business name was changed to PB Fintech Pvt.

Ltd.

in September 2020 to stress the nature of fintech businesses.PB Fintech IPO got subscribed 16.59 times.

The business made its market debut at 17 percent premium over its concern price.FSN E-Commerce Ventures, which runs online charm e-commerce platform Nykaa, raised Rs 5,352 crore through IPO.

Falguni Nayar-led company's IPO was a big success.

The IPO got subscribed 81.78 times.

It likewise made a strong debut at the stock market getting noted at 79 percent premium over its problem price.The first IPO of the 2021 fiscal year was of Indian Railway Financing Corporation Ltd's (IRFC), a subsidiary of the Indian Railways.

The IPO of IRFC was the very first public issue by a train non-banking financial company.IRFC is the devoted market borrowing arm of the Indian Trains.

IRFC's IPO was subscribed 3.5 times.

The state-run business raised Rs 4,633 crore from the primary markets.

IRFC made a lukewarm market debut with its share getting noted at the stock market at 4.23 per cent discount over its concern rate of Rs 26.

Another public sector firm RailTel Corporation of India (RailTel) raised Rs 819 crore from the main market.

RailTel's IPO was subscribed 42 times.

The company made a strong market debut getting noted at 16 percent premium over its problem cost of Rs 94.

PowerGrid Facilities Investment Trust, which is sponsored by the state-owned Power Grid Corporation of India, raised Rs 7735 crore through IPO.

This was the third-largest IPO of the year.

The IPO was subscribed 4.83 times and the share got noted at 4 per cent premium.Rakesh Jhunjhunwala-led Star Health and Allied Insurance Company raised Rs 7249 crore through IPO.

The business got a lukewarm reaction at the stock market.

Its share got noted at 6 percent discount rate over the concern rate of Rs.900 per share.Painting service firm Indigo Paints was likewise among the first to come up with IPO throughout the year.

The business raised Rs 1,176 crore from the primary market.

The IPO of the fifth largest company in the Indian ornamental paint market was subscribed 117 times.

The company made a bumper market launching getting noted at 75 percent premium over its issue rate of Rs 1,490.

Other popular IPOs of 2021 consist of MedPlus Health Providers, Data Patterns (India), House First Finance, Laxmi Organic, Barbeque Nation, Anupam Rasayan, Kalyan Jewellers, Brookfield India REIT, Stove Kraft, Nureca, and Heranba Industries.India's second-largest pharmacy seller MedPlus Health Services had an outstanding IPO with the concern getting subscribed 52.59 times.

The business made its stock market debut at 30 per cent premium.The simplification of guidelines by the Securities and Exchange Board of India (SEBI) has actually led to the record fundraising by the new-age technologies firms, which are mainly loss-making.

Earlier regulation required a firm to have profit-making records in order to get listed at the stock exchanges.However, SEBI has actually changed the regulation.

Now the loss-making companies can also get noted with some conditions.

SEBI's new policy led the way for the listing of the new-age technology firms like Paytm and Zomato that have a history of loss-making.