mumbai after a lull of a few months realty companies are back on ipo street while oberoi realty opened its maiden offering estimated to raise about rs 1000 crore on wednesday a few more are waiting to tap investors the last real estate ipo that dalal street saw was in february when db realty raised about rs 1500 crore since then a number of offers were put on hold even though market regulator sebi had given the required green signal to those companies among them were sahara prime city prestige group kumar urban developers and several others of these prestige is expected to open its ipo anytime soon realty companies are coming back to mobilise funds at a time when the ipo street is buzzing like never before with the bse sensex nearing its alltime peak every week 34 companies are opening their offers nse website showed that so far in october three companies have listed while another 12 are awaiting listing to complete their ipo process and another two including oberoi realty are open now in a report on the real estate sector in mumbai analysts at anand rathi financial services said that city developers would continue witnessing high profits over the next 35 years because of low readyinventory high demand lower land cost high margins and low execution due to regulations institutional dealers said given the frenzy among foreign investors for desi stocks it is probable that they are buying realty stocks in the oberoi ipo global majors like t rowe price fidelity prudential and eton park have come in as anchor investors so far this year net fii inflow is already over 20 billion and if dealers are to be believed this would go further up back to bourses the last real estate ipo before oberoi was in february when db realty raised about rs 1500 crore in the oberoi ipo global majors like t rowe price fidelity prudential and eton park have come in as anchor investors sahara prime city prestige group kumar urban developers and a several other cos are still waiting in the wings