Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

Factbox-India's 10 biggest ever IPOs, led by Paytm

11/09/2021 | 10:49am EST
A QR code of Paytm is seen at a mobile repairing shop in Kolkata

NEW DELHI (Reuters) - Indian fintech firm Paytm's initial public offering of up to 183 billion rupees ($2.47 billion) is expected to be the country's largest stock market listing, surging past miner Coal India's massive IPO more than a decade ago.

Here's a look at India's top 10 IPOs, according to Prime Database.

1. Coal India (2010) - the state-run miner raised 151.99 billion rupees in what was India's biggest initial public offering of shares. Coal India is the world's largest coal miner.

2. General Insurance Corp of India (2017) - the state-run reinsurer raised 112.57 billion rupees.

3. SBI Cards & Payment Services (2020) - owned by the State Bank of India, the country's largest lender, the company raised 103.41 billion rupees.

4. Reliance Power (2008) - helped by investors' faith in the family's name as a result of the group of companies set up by Anil Ambani's father, tycoon Dhirubhai Ambani, the company raised 101.23 billion rupees.

5. New India Assurance(2017) - the state-run company raised 95.86 billion rupees.

6. Zomato(2021) - the food delivery app raised 93.75 billion rupees. Launched in 2008, the company collates restaurant reviews and offers home delivery of food, making it a competitor to Indian start-up Swiggy and Amazon.com's food delivery service.

7. DLF (2007) - the real estate company raised 91.88 billion rupees.

8. HDFC Standard Life Insurance (2017) - now known as HDFC Life Insurance - raised 86.95 billion rupees in its IPO. It competes with players including SBI Life Insurance.

9. SBI Life Insurance (2017) - the company raised 83.89 billion rupees.

10. Gland Pharma (2020) - based in the southern tech hub of Hyderabad, the company raised 64.80 billion rupees. Established in 1978, Gland Pharma makes injectable generic drugs and sells its products in over 60 countries.

($1 = 74.1900 Indian rupees)

(Reporting by Nidhi Verma; Editing by Susan Fenton)

By Sankalp Phartiyal


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
COAL INDIA LIMITED 0.69% 161.65 Delayed Quote.9.93%
DLF LIMITED 1.12% 378.35 Delayed Quote.-4.17%
GENERAL INSURANCE CORPORATION OF INDIA 2.58% 138.95 End-of-day quote.-1.14%
GLAND PHARMA LIMITED -1.44% 3327.6 End-of-day quote.-13.85%
HDFC LIFE INSURANCE COMPANY LIMITED -0.23% 620.35 End-of-day quote.-4.39%
RELIANCE POWER LIMITED 2.84% 15.23 End-of-day quote.11.82%
SBI CARDS AND PAYMENT SERVICES LIMITED 2.92% 868 End-of-day quote.-6.47%
SBI LIFE INSURANCE COMPANY LIMITED -0.38% 1206.2 End-of-day quote.0.83%
STATE BK OF INDIA -1.04% 523.45 Delayed Quote.14.88%
THE NEW INDIA ASSURANCE COMPANY LIMITED 1.28% 138.55 End-of-day quote.-1.11%
ZOMATO LIMITED -1.05% 89.55 Delayed Quote.-34.13%
Latest news "Economy & Forex"
05:53pWall Street ends frenzied week with gains
RE
05:48pU.S. SEC approves new U.S. exchange with blockchain feed, faster settlement
RE
05:37pU.S. Northeast braces for blizzard bringing up to 2 feet of snow
RE
05:36pThe WSJ Dollar Index Rises 1.45% to 90.76 -- Data Talk
DJ
05:36pEuro Lost 1.74% to $1.1149 -- Data Talk
DJ
05:36pSterling Lost 1.07% to $1.3408 -- Data Talk
DJ
05:36pDollar Gains 1.36% to 115.23 Yen -- Data Talk
DJ
05:35pDogecoin Gained 2.20% to $0.142 at 5 p.m. ET -- Data Talk
DJ
05:35pEthereum Gained 7.54% to $2537.68 at 5 p.m. ET -- Data Talk
DJ
05:35pBitcoin Gained 4.41% to $37818.27 at 5 p.m. ET -- Data Talk
DJ
Latest news "Economy & Forex"