India's primary market is set to witness a flurry of activity next week as four major companies, including food delivery giant Swiggy and health insurance provider Niva Bupa, are preparing to launch their Initial Public Offerings (IPOs). The companies aim to raise a staggering Rs 18,534 crore from the stock market, marking a significant moment in India's financial sector.

Swiggy, the food delivery behemoth, is leading the pack with the largest IPO among the four. The company is planning to raise more than Rs 11,000 crore through its IPO, a move that underscores the robust growth and potential of India's food delivery market. The IPO will be open for retail investors from November 6 to 8, with a price band fixed from Rs 371 to Rs 390.

The issue size of Swiggy's IPO will be Rs 11,327.43 crore, which includes a fresh issue of Rs 4,499 crore and an Offer for Sale (OFS) of Rs 6,828.43 crore.

Healthcare and Renewable Energy Sectors Join the IPO Wave

Next in line is the healthcare sector company, Segility India, which will be the first to open its IPO for retail investors next week. The bidding for this IPO will be open between November 5 and 7. Segility India aims to raise Rs 2,106.60 crore through its IPO, with a price band fixed from Rs 28 to Rs 30. The entire IPO will be an Offer for Sale (OFS).

ACME Solar Holdings, a leading player in the renewable energy sector, is also set to launch its IPO next week. The subscription for this IPO will be open from November 6 to 8. The size of this issue will be Rs 2,900 crore, which includes a fresh issue of Rs 2,395 crore and an OFS of Rs 505 crore. The price band for this IPO has been fixed from Rs 275 to Rs 289.

Niva Bupa Health Insurance Enters the Fray

Lastly, Niva Bupa Health Insurance's IPO will be open for retail investors from November 7 to 11. The company plans to raise Rs 2,200 crore through a public issue, which will include a fresh issue of Rs 800 crore and an OFS of Rs 1,400 crore.

This wave of IPOs is not an isolated event but part of a larger trend in India's financial market. In the past, several companies have successfully raised substantial funds through IPOs. For instance, Gurugram-based payment platform One Mobikwik Systems received approval from the Securities and Exchange Board of India (SEBI) to launch its Rs 700 crore IPO in October. Similarly, NTPC Green Energy, an arm of NTPC, is likely to launch its Rs 10,000-crore IPO in early November.

The success of these IPOs is often determined by a variety of factors, including the quality of the company, the valuation at which the IPO is launched, and the sector's performance. Investors are advised to consider these aspects carefully before investing. For instance, while evaluating an IPO, investors should look at the promoters, corporate governance practices, revenue and profitability over the last few years, future growth strategy, and sectoral performance. On the valuation front, investors should look at the price-to-earnings multiple of listed peers to get a sense of the valuation.

In conclusion, the upcoming week promises to be an exciting one for India's primary market. The four major IPOs set to launch will not only provide an opportunity for investors but also underscore the growth and potential of India's diverse sectors, from food delivery and healthcare to renewable energy and insurance. This significant moment in India's financial sector is a testament to the country's robust economic growth and the confidence of investors in its diverse sectors.