The number of Indian companies going public in 2021 hit a record high in terms of volume, raising over Rs 1 lakh crore. With big names like Zomato, Nykaa and Paytm hitting the market, it was a blockbuster year for Initial Public Offerings (IPOs) in the country. If you missed the boat on any of these, don’t worry about it. There are a bunch of other big-league upcoming IPOs in the coming year.
What is an IPO?
An Initial Public Offering is a way by which private companies list their shares on stock exchanges so as to raise money. Once listed, retail investors can invest in the IPO and get a share of the company.
Before going public, the company files a Draft Red Herring Prospectus containing all information about the company. This includes its operations, financial status, how much money it plans to raise, what it plans to do with the money, and other important information. You can get a copy of the DRHP on the Securities and Exchange Board of India website. It is important that you read the DRHP carefully to understand whether the company is worth investing in or not.
Upcoming IPOs for 2021-2022
If you are interested in investing in IPOs, you can do it via ICICI Direct’sIPO investment portal. You can also check out the list of upcoming IPOs on their website. In the meantime, if you want a peek into the upcoming IPOs that you can invest in, we have put together a list of some of the best IPOs to watch out for:
|UPCOMING IPOs||Tentative Date*||Tentative Issue Size (in Rs Crores)*||Additional Information|
|Fincare Small Finance Bank||2021||1,330||Fresh Issue – Rs 330 crore
Offer for Sale – up to Rs 1,000 crore
|ApeejaySurrendra Park Hotels||2021||1,000||Fresh issue – up to Rs 400 crore
Offer for Sale – up to Rs 600 crore
|Annai Infra Developers||2021||200-250||–|
|GoAir||2021||3,600||Expected to pay offdebt to oil companies and other lessors.|
|Aadhar Housing Finance||2021||7,300||Fresh issue – up to Rs. 1,500 crore
Offer for Sale – up to Rs. 5,800 crore
|Mobikwik||2021||1,900|| Fresh issue – up to Rs. 1,500 crore
Offer for Sale – up to Rs. 400 crore
|Penna Cement Industries||2021||1,550||Will use Rs. 550 crore to pay off debt|
|Seven Islands Shipping||2021||600||–|
|ESAF Small Finance Bank||2021||1,000||Fresh issue – Rs. 800 crore
Offer for Sale – Rs. 200 crore
|Arohan Financial||2021||1,750-1,800||Fresh issue – 850 crore
Offer for Sale – 27,055,893 shares
|Shri Bajrang Power and Ispat||2021||700||Plans to use Rs. 400 crore to pay off long-term debt|
|Adani Wilmar||2021||4,500||Will use proceeds for capital expenditure, pay off debt and fund strategic acquisitions|
|PharmEasy||2021||6,250||May have pre-IPO placement of Rs. 1,250 crore|
|Gemini Edibles And Fats||2021||2,500||Pure Offer for Sale IPO|
|Sterlite Power||2021||1,250||Complete fresh issue|
|Paradeep Phosphates||2021||1,225 +||Fresh issue – Rs. 1,225 crore
Offer for Sale – 12,00,35,800 equity shares
|Inspira Enterprise India Ltd.||2021||800||May consider pre-IPO placement of Rs 75 crore|
|Keventer Agro||2021||800||Proceeds to be used to repay debt and for funding capital expenditure|
|Chemspec Chemicals||2021||700||Complete Offer for Sale|
|Fusion Microfinance||2021||600 +||Fresh issue – Rs. 600 crore
Offer for Sale – 2,19,66,841 equity shares
|VLCC Health Care||2021||300 + Offer for sale||Fresh Issue – Rs. 300 crore
Offer for Sale – 89.22 lakh equity shares
|Harsha Engineering||2021||370 +||Fresh issue – Rs. 370 crore
Offer for Sale – 3,31,250 equity shares
|Popular Vehicles And Services||2021||150 + Offer for sale||Fresh issue – Rs. 150 crore
Offer for Sale – 4,266,666 equity shares
|LIC||2021-22||1,00,000||One of the most anticipated IPOs of the next year.
10% of shares likely to be allotted to existing LIC policyholders.
|Droom Technologies||2022||3,000||Fresh issue – Rs. 2,000 crore
Offer for Sale – Rs. 1,000 crore
|Delhivery||2022||7,460||Fresh issue – Rs. 5,000 crore
Offer for Sale – Rs. 2,460
|Snapdeal||2022||1,250 +||Fresh issue – Rs. 1,250 crore
Offer for Sale – 30.77 million equity shares
|Bajaj Energy||2022||5,450||Fresh Issue – Rs. 5,150 crore
Offer for Sale – up to Rs. 300 crore
Proceeds to be used to acquire the remaining 79.31% stake in Lalitpur Power Generation Company (LPGCL)
|*These are tentative and might change depending on when the company goes public in the market.|
Now that you have a list of some of the most anticipated upcoming IPOs, you can plan to invest in them depending on which you find valuable. You can use ICICI Direct’s IPO portal to invest in an IPO of your choice.
If there are IPOs managed by ISecmentioned then kindly remove the mention of ICICIdirect from the entire article.
Disclaimer – ICICI Securities Ltd. ( I-Sec). The registered office of I-Sec is at ICICI Securities Ltd. – ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai – 400 025, India, Tel No: 022 – 6807 7100. Please note, IPO-related services are not Exchange-traded products and I-Sec is acting as a distributor to solicit these products. All disputes with respect to the distribution activity, would not have access to the Exchange investor redressal forum or Arbitration mechanism. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Investments in the securities market are subject to market risks, read all the related documents carefully before investing.