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
