The Finance Ministry has predicted 20 IPOs of companies worth 4.5 trillion rubles a year.

It should be noted that the total capitalization of the companies that will conduct the IPO will be 4.5 trillion rubles. This capitalization indicator takes into account all shares, and not only those that are in free circulation.

These data are presented in the presentation of the national project “Efficient and Competitive Economy”. It included a draft of the federal project “Development of the financial market”. It will help achieve the goal of the presidential decree of May to increase stock market capitalization to 66% of GDP by 2030. Work on the federal project has not yet been completed.

Speaking of IPOs, the main block of events and KPIs will be the list of state-owned organizations. The system of top management motivation is planned to be improved, and it may be linked to capitalization. Subsidiaries will also be listed on the stock exchange, and state-owned companies will be encouraged to invest their available funds in shares of Russian issuers.

As for the second block of the federal project “Development of the financial market”, it is about attracting an increasing number of Russian residents to the financial market. According to forecasts, the share of investment products in their savings could increase from the current 36.8% to 40% in the baseline scenario and to 38% in the conservative one.

We previously wrote that Rostelecom confirmed its plans to hold an initial public offering (IPO) of its cloud business.