India's Largest IPO: The IPO market will remain active in the next two months i.e. November. Because during this time more than half a dozen companies are preparing to raise Rs 60,000 crore from IPO. Hyundai Motor India, Swiggy, and NTPC Green Energy are also included in this list. 

According to merchant banking sources, apart from these three companies, Afcons Infrastructure, Wari Energies, Niva Bupa Health Insurance, One Mobikwik Systems, and Garuda Construction are among the companies that are planning to launch IPOs from October-November. Together, these companies can raise up to Rs 60,000 crore from the IPO. 

Munish Agarwal, Managing Director and Head (Equity Capital Markets), Equiras, expects more than 30 IPOs to come between the end of September and December. These IPOs will be of different sectors and sizes. These will include issuance of new shares and also offer for sale (OFS). 

This will be the biggest IPO ever.

Hyundai Motor India Limited, the Indian subsidiary of South Korea's Hyundai Motor Company, is preparing to raise Rs 25,000 crore from an IPO. This will be the country's largest IPO so far. It can surpass the figure of Rs 21,000 crore IPO of Life Insurance Corporation of India (LIC). According to the IPO documents, the entire issue of the automobile company will be in the form of a sale offer (OFS) of 14,21,94,700 shares by Hyundai Motor Company. No new shares will be issued in this. 

Other major IPOs include the share sale of Swiggy, an online food delivery company. According to sources, Swiggy is aiming to raise Rs 10,414 crore through the sale of new shares and OFS. Swiggy's IPO will include the issuance of new shares worth Rs 3,750 crore and a sale offer of 18.52 crore shares worth Rs 6,664 crore. 

NTPC Green Energy will bring an IPO of Rs 10,000 crore

Apart from this, NTPC Green Energy, the renewable energy company of the public sector NTPC, is planning to bring its IPO of Rs 10,000 crore in the first week of November. 

Shapoorji Pallonji Group's construction company Afcons Infrastructure will also join the IPO fray with an offering of Rs 7,000 crore, while Waaree Energies is looking to raise Rs 3,000 crore through the issue of new shares apart from the OFS. 

Niva Bupa Health Insurance and One Mobikwik Systems are planning to raise Rs 3,000 crore and Rs 700 crore respectively. Apart from this, 62 companies including Bajaj Housing Finance, Ola Electric Mobility and FirstCry's parent company Brainbees Solutions have already collectively raised Rs 64,000 crore through main-stage IPOs.