Lok Sabha Question No. 1352 (UNSTARRED), answered on 2017-12-22
Subject: IPOs
Ministry: FINANCE
Asked by: RAJIV PRATAP RUDY

## MNISTRY OF FINANCE DEPARTMENT OF ECONOMIC AFFAIRS

## LOK SABHA

## UNSTARRED QUESTION NO: 1352 TO BE ANSWERED ON FRIDAY, 22ND)

## IPOs

## QUESTION

## 1352. ` SHRI RAJIV PRATAP RUDY

Will the Minister of Finance be pleased to state:

- (a) whether the cutrent financial year has Witnessed the highest Initial Public Offering (POs) activity in the country, if SO, the details thereof;
- (6) the details of the Public Sector Units (PSUs) and private companies who have applied for IPOs during the current financial year and' the total amount of money raised by these companies through PPOs;
- (d) ifso, the details thereof along with the investment made by the Foreign Portfolio investors during the said period; and
- (c) whether there has been an  increasing inclination of foreign investors to participate in these Indian IPOs over the last two years;
- (e) the number of companies which went for IPOs during the five years including the PSU companies along with the money raised, year-wise?

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PON. RADHAKRISHNAN)

(a): 62,736 crore approximately; raised through 117 IPOs (including Small and Medium Enterprises or SME POs)

As witneesede raised through IPO.

The amount of capital raised 62,736 crore) in this financial year is more than the cumulative amount raised for the last 5 financial years (Rs. 62,147 Crores) Details are tabulated below: (Rs:

| Period ended                        |   Number of IPOs | Total amount raised [including Small and Medium Enterprises Initial Public Offer (SME IPO)] (Rs Crore)   | Remark             |     |
|-------------------------------------|------------------|----------------------------------------------------------------------------------------------------------|--------------------|-----|
| FY 2017-18 (Till November 30, 2017) |              117 | 62,736                                                                                                   |                    |     |
| FY 2016-17                          |              106 | 29,104                                                                                                   |                    |     |
| FY 2015-16                          |               74 | 14,815                                                                                                   | 62,147 (cumulative | for |
| FY 2014-15                          |               46 | 3,039                                                                                                    | five years)        |     |
| FY 2013-14                          |               40 | 8,692                                                                                                    |                    |     |
| FY 2012-13                          |               33 | 6,497                                                                                                    |                    |     |

- (b): Details of the amount raised by Private Companies and PSUs is as follows:

#Offer for sale by GOI through disinvestment route

| FY                           | Private Companies   | Private Companies   | Public Sector Units*   | Public Sector Units*   | Total   | Total              |
|------------------------------|---------------------|---------------------|------------------------|------------------------|---------|--------------------|
|                              | Number              | Amount (in Crores)  | Number                 | Amount (in Crores)     | Number  | Amount (in Crores) |
| 2017-18 (till November 2017) | 113                 | 39,427              |                        | 23,309                 | 117     | 62,736             |

A table providing the: details of fund raised by private companies and PSUs for the current financial year is placed at

- (c) & (d): As per available data for the FY 2016-17 and FY 2017-18, it is observed that the investment by Foreign Portfolio Investors (FPIs) has more than doubled for the FY 2017-18. The details are as under:

| Period ended   | Total amount invested by FPIs in IPOs (in Crores)   |
|----------------|-----------------------------------------------------|
| FY 2016-17     | 5,019                                               |
| FY 2017-18     | 11,712                                              |

## (e): ` Details ofnumber of companies which went for IPOs during the five years including the PSU Companies, along with the money raised year wise is as follows:

| Period ended                        |   Number of TPOs (including [PSUs) | Total amount raised , [including Small and Medium Enterprises Initial Public Offer (SME IPO)] Crore) (Rs:   | Number of PSUs which came out with IPOs (includi ng OFS)   | Amount raised through disinvest ment route by GOI (Rs: In Crore)   |
|-------------------------------------|------------------------------------|-------------------------------------------------------------------------------------------------------------|------------------------------------------------------------|--------------------------------------------------------------------|
| FY 2017-18 (Till November 30, 2017) |                                117 | 62,736                                                                                                      | 4                                                          | 23,309                                                             |
| FY 2016-17                          |                                106 | 29.104                                                                                                      | Nil                                                        | Nil                                                                |
| FY 2015-16                          |                                 74 | 14,815                                                                                                      | Nil                                                        | Nil                                                                |
| FY 2014-15                          |                                 46 | 3,039                                                                                                       | Nil                                                        | Nil                                                                |
| FY 2013-14                          |                                 40 | 8,692                                                                                                       | Nil                                                        | Nil                                                                |
| FY 2012-13                          |                                 33 |                                                                                                             | Nil                                                        | Nil                                                                |

| S:   | Issuer company_                                    | Type of Issue   |            |
|------|----------------------------------------------------|-----------------|------------|
| 1    | S Chand And Company Limited                        |                 | 728.56     |
| 2    | Housing and Urban Development Corporation Limited  | IPO             | 1224.35    |
| 3    | PSP Projects Limited                               | PO              | 211.68     |
| 4    | Tejas Networks Limited                             |                 | 776.69     |
| 5    | Eris Lifesciences Limited                          | IPO             | 1741.16    |
| 6    | AU Small Finance Bank Limited                      | PO              | 1912.51    |
| 7    | GTPL Hathway Limited                               | IPO             | 484.80     |
| 8    | Central Depository Services (India) Limited        | IPO             | 523.99     |
| 9    | Salasar_Techno Engineering Limited                 | PO              | 35.95      |
| 10   | Security and Intelligence Services (India) Limited | PPO             | 774.46     |
| 11   | Cochin Shipyard Limited_                           | IPO             | 1442.01    |
| 12   | Apex Frozen Foods Limited                          | PO              | 152.25     |
| 13   | Dixon Technologies (India) Limited                 | PO              |            |
| 14   | Bharat Road Network Limited                        |                 | 600.65     |
| 15   | Matrimony com Limited                              | PO              | 497.47     |
| 16   | Capacit'e Infraprojects Limited                    |                 | 400.00     |
| 17   | ICICI Lombard General Insurance                    | PO              | 5700.94    |
| 18   | SBL Life Insurance Company Limited                 | PO              | 8386.40    |
| 19   | Prataap Snacks Limited                             |                 | 481.56     |
| 20   | Godrej Agrovet Limited                             |                 | 115731     |
| 21   | MAS Financial Services Limited                     |                 | '460.04    |
| 22   | Indian Energy Exchange Limited                     |                 | 1000.73    |
| 23   | General Insurance Corporation of India             | PO              | 11175.84   |
| 24   | Reliance Nippon Life Asset Management Limited      | PO              | 1542.24    |
| 25   | Mahindra Logistics Limited                         |                 | 821.62     |
| 26   | The New India Assurance Company Limited_           |                 | 9466.98    |
| 27   | Khadim India Limited                               | IPO             | 543.06     |
| 28   | HDFC Standard Life_Insurance Company Limited       | PO              | 8695.00    |
| 29   | TNR Retail Limited                                 | SME PO          | 5.12       |
| 30   | A & M Febcon Limited                               | SMEPQ           | 6.68       |
| 31   | Aarvi Encon Limited                                |                 | 21.24      |
| 32   | Accord Synergy Limited                             |                 | 5.83       |
| 33   | Ace Integrated Solutions Limited                   | SME PPO         | 7.20       |
| 34   | Airo Lam Limited                                   | SME IPO         | 15.20      |
| 35   | AKM Lace and Embrotex Limited                      | SME PPO         | 4.76       |
| 36   | ANG Lifesciences India Limited                     | SME PPQ         | 12.01      |
|      | ANI Integrated Services Limited                    | SME PO          | 25.65      |
| 38   | Ashok Masala Mart Limited                          |                 | 2.01       |
| 39   | Bansal Multiflex Limited                           | SME IPO         | 6.20       |
| 40   | Beta Drugs Limited                                 | SME IPO         | 1951       |
| 41   | Bhakti Gems And Jewellery Limited                  | SME IPO         | 3.92       |
| 42   | Cadsys (India) Limited_                            | SME PO          | 14.70 5.70 |

| 44   | CKP Products Ltd                                                 | SME IPO   | 6.24    |
|------|------------------------------------------------------------------|-----------|---------|
| 45   | CMM Infraprojects Limited                                        | SME PO    | 18.18   |
| 46   | DP Wires Limited                                                 | SME PQ    | 26.88   |
| 47   | DPAbhushan Limited                                               |           | 16.60   |
| 48   | Dhruv Wellness Limited                                           | SME PO    | 5.57    |
| 49   | Felix Industries Limited                                         | SME PPO   | 4.78    |
| 50   | G G Engineering Limited                                          |           | 2.23    |
| 51   | Gautam Exim Limited                                              | SME IPO   | 332     |
| 52   | Geekay Wires Limited_                                            |           | 11.00   |
| 53   | GlobalSpace Technologies Limited                                 | SME PO    | 20.02   |
| 54   | Globe Textiles (India) Limited                                   | SME IPO   | 13.71   |
| 55   | Goldstar Power Limited                                           | SME IPO   | 7.24    |
| 56   | Ice Make Refrigeration Limited_                                  |           | 22.88   |
| 57   | InfoBeans Technologies Limited_                                  | SME IPO   | 36.78   |
| 58   | Innovana Thinklabs Limited                                       |           | 7.70    |
| 59   | Innovative and Tubes Limited Tyes_                               |           | 2833    |
| '60  | RRIS Business Services Limited                                   | SME O     | 16.01   |
| 61   | Jalan Transolutions (India) Limited                              | SME PO    | 17.71   |
| 62   | Jash Engineering Limited                                         | SME PO    | 48.00   |
| 63   | Cables Limited Jigar                                             | SME PPO   | 5.59    |
| 64   | Kaarya Facilities and Services Limited                           | SME PO    | 6.40    |
| 65   | Keerti Knowledge And Skills Limited                              | SME IPO   | 4.06    |
| 66   | KMS Medisurgi Limited                                            | SME IPO   | 2.70    |
| 67   | Lexus Granito (India) Limited                                    | SME PPO   | 25.92   |
| 68   | Madhya_Pradesh Today                                             |           | 14.16   |
| 69   | Manav Infra Projects Limited                                     | SME PPO   | 550     |
| 70   | Meera Industries Limited                                         | SME PO    | 3.89    |
| 71   | Mehai Technology Limited                                         | SME IPO   | 6.00    |
| 72   | Milton Industries Limited                                        | SME IPQ   | 14.28   |
| 73   | Nouritrans Exim Limited                                          | SME PPO   | 6.12    |
| 74   | Omfurn India Limited                                             | SME PPO   | 4.16    |
| 75   | Panache Digilife Limited                                         | SME TPO   | 14.58   |
| 76   | Pashupati Cotspin Limited                                        |           | 20.88   |
| 77   | Poojawestern Metaliks _Limited                                   | SME IPO   |         |
| 78   | Pulz Electronics Limited                                         |           | 3.92    |
| 79   | Pure Giftcarat Limited                                           | SME PO    | 7.45    |
| 80   | Pushpanjali Realms and Infratech Limited                         |           | 14.55   |
| 81   | RMDrip and Sprinklers Systems Limited_                           | SME PO    | 11.45   |
| 82   | Reliable Data Services Limited                                   | SME PO    | 1482    |
| 83   | Riddhi Corporate Services Limited                                | SME IPO   | 1235    |
| 84   | RKEC Projects Limited                                            | SME IPO   | 28.70 _ |
| 85   | Sagar diamonds Limited_                                          | SME IPO   | 15.21   |
| 86   | Sanghvi brands Limited_                                          | SME IPO   | 18.96   |
| 87   | Secur Credentials Limited                                        | SME PPO   | 30.07   |
| 89   | Servotech Power Systems _Limited Shanti Overseas (India) Limited | SME IPO   | 10.02   |

| 90   | Share India Securities Limited         |         |            |
|------|----------------------------------------|---------|------------|
| 91   | Sharika Enterprises Limited            | SME PO  | 1386       |
| 92   | Sheetal Cool Products Limited_         | SME PO  | 24.00      |
| 93   | Shish Industries Limited_              | SME PO  | 4.06       |
| 94   | Shradha Infreprojects (Nagpur) Limited | SME IO  | 18.93      |
| 95   | Shree Ganesh Remedies Ltd              | SME IPQ | 855        |
| 96   | Shree_Tirupati Balajee FIBC Limited_   |         | 10.80      |
| 97   | Shreeji Translogistics ltd_            |         | 12.40      |
| 98   | Shrenik Limited                        | SME IPO | 21.60      |
| 99   | Shri Ram Switchgears Limited           | SME IPQ | 5.07       |
| 100  | Siddharth Education Limited            | SME PPO | 10.88.     |
| 101  | Sikko Industries Limited               |         | 5.12       |
| 102  | Silver Touch Technologies limited      | SME IPO | 40.22      |
| 103  | Sri Krishna Metcom _Limited            |         | 19.25      |
| 104  | Surevin BPO 'Services Limited          | SME IPO | 3.65       |
| 105  | Tirupati Forge Limited                 |         | 5.22       |
| 106  | Total Transport Systems Limited_       | SME IPO |            |
| 107  | Transwind Infrastructures Limited      | SME IPO | 7.29       |
| 108  | Trident Texofab_Limited                | SME IPO | 353        |
| 109  | Univastu India Limited                 | SME PPO | 5.98       |
| 110  | Vadivarhe Speciality Chemicals Limited | SME PQ  |            |
| 111  | Vaishali Pharma Limited                | SME PPO | 14.23      |
| 112  | Vanta Biosciences Limited              |         | 7.56       |
| 113  | Limited Vertoz Advertising             | SME PO  | 17.10      |
| 114  | Worth Peripherals Limited_             | SME PPQ | 18.27      |
| 115  |                                        | SME PQ  | 2.88 10.14 |
| 116  | Zodiac Energy Limited_                 | SME PPO |            |
| 117  | Zota Health Care Limited               |         | 58.50      |
|      | Total                                  | Total   | 62735.71   |