The primary market is also known as the New Issue securities market.
As the name justifies, it’s a place where securities are issued or introduced for the first time. Here, various corporate entities can raise money through the issuance of new securities by various methods.
When a company wishes to raise capital from the general public & institutions by diluting its stake of ownership, the process is known as an Initial Public Offer, as it is launched for the first time for the general public. Recently we have seen a spectacular response to the IPOs of companies such as IRCTC, wherein the shares jumped to historic, unseen levels upon listing. IPOs have always been the favourite choice of retail investors.
Some of the upcoming IPOs (as listed at the time of publication):