2010 Roundup: Top Initial Public Offerings (IPO's) in this year

THIS DECADE saw the rise and fall of many investment opportunities in the Indian financial sector. The dramatic rise of the Sensex from the 5,000 to 20,000 mark brought India in the league of extraordinary investment options. It was a decade which saw more than 400 companies raising over Rs 2 lakh crore through the IPO route.
The IPO offering also raised an astounding amount of Rs 69,192 crore which is three and a half times higher against 2009's Rs.19,567 crore and 53 per cent even higher than 2007's Rs.45,142 crore.
However, year 2011 also has a a lot of expectations pinned upon it as industry estimates claim that over Rs. 90,000 crore can be raised from over 100 public offerings which also includes government divestments, IPO's and follow-on offers from the private sector companies. Given below is the list of IPO's who have made a considerable impact in the Indian financial sector.
Coal India:- Coal India's IPO was undoubtedly the largest IPO which single handedly accounted for 22 per cent of the year's total mobilisation. Although a disinvestment from the government, the Ipo managed to raise Rs.15,199 crore.
NMDC:- The NMDC IPO was also seen as the next big disinvestment from the government. Although it did later on issue an FPO (Follow-on Public Offer) to meet its disinvestment target, retail investors have not shown any keen interest of late. The NMDC IPO managed to raise Rs 9,930 crore through its IPO.
NTPC:- The largest power generating company in India raised Rs 8,480 crore. Another disinvestment option, it did not issue fresh lot of shares but instead sold the existing shares of the promoters. The money generated from the offering was forwarded to the government's treasury and not the company.
Power Grid:- The Power Grid IPO raised Rs.7,442 crore through the 84.2 crore shares it sold. Out of the shares, 50 per cent shares were freshly issued shares while the remaining 50 per cent was disinvested by the government.
Rural Electrification Corporation (REC):- The REC IPO issued 15.6 crore equity shares with a price tag of Rs. 90 to Rs. 105. The IPO which went on sale in 2008 had 39 lakh equity shares reserved for its employees had raised Rs. 3,530 crore.
Jaypee Infratech:- Japyee Infratech's IPO was the largest private sector issue which raised Rs.2,262 crore. Part of the Jaypee group, the company purpose was to develop, operate and maintain the Yamuna Expressway in Uttar Pradesh that connects Noida and Agra.