Retail investor participation expected to increase 5 times.
Life Insurance Corporation has got investment assurance from 5 mutual funds. Apart from this, at least 70 lakh retail investors will also be involved in this. SBI, Aditya Birla, ICICI Prudential, HDFC and Kotak have each assured investment of between 150-1000 crores.
on May 4 LIC IPO ,LIC IPO) is about to open. Everyone’s eyes are on this IPO. retail investors (Retail Investors) has more interest. During the Corona period, there was a big jump in the participation of retail investors in the stock market in their country. In the financial year 2021-22, 34.6 million i.e. 3.46 crore new demat accounts were opened. In this way, by the end of March, the total number of demat accounts in the country became 89.7 million i.e. 8.97 crores. According to the SEBI report, in the financial year 2020-21, there was a jump of 35 percent in the demat account on a yearly basis and the total number of accounts stood at 55.1 million i.e. 5.51 crore. In the financial year 2021-22, there was a jump of 63 percent and the total number of accounts reached 89.7 million. During the Corona period, the stock market has shown a bumper boom, due to which especially young investors have been very much attracted.
In a report published in Mint, Prakarsh Gagdani, chief executive of 5paisa.com, said that a large number of new investors came into the market in the 2020 rally. When the second rally came, those investors felt that they had missed, after which they entered the market in large numbers. The Sensex is up 2.2 times compared to the lowest level of 2020. It gave a return of 18.3 percent in FY 2022, while it gave a return of 68 percent in FY 2021.
Number of demat account holders in the last ten years
According to a Mint report, the number of demat accounts in India stood at 89.7 million at the end of the financial year 2021-22. In the financial year 2020-21, this number was 55.1 million. 40.9 million in FY 2019-20, 35.9 million in FY 2018-19, 31.9 million in FY 2017-18, 27.8 million in FY 2016-17, 25.4 million in FY 2015-16, FY 2014-14 It was 23.3 million in FY 2013-14, 21.8 million in FY 2012-13, 21 million in FY 2012-13 and 20 million in FY 2011-12.
70 lakh retail investors will be involved
According to the Economic Times report, Life Insurance Corporation has got investment assurance from 5 mutual funds. Apart from this, at least 70 lakh retail investors will also be involved in this. SBI, Aditya Birla, ICICI Prudential, HDFC and Kotak have each assured investment of between 150-1000 crores. Apart from this, 7 million retail investors are expected to participate, which is 5 times more than the average number involved in last year’s IPO. Apart from this, investments from Singapore GIC, Norges Bank, Norwegian Central Bank and BNP Paribas are also expected.