Upcoming IPO – The market is looking forward to 2022 after a phenomenally successful year in 2021 that shattered several fundraising records. With several huge brands queued up to tap primary markets, such as LIC and NSE, the prospect for the coming year appears very bright.
Unsurprisingly, some very prominent brands backed by venture capital and private equity groups are on the list of expected IPOs in 2022. Startups strongly backed by venture capital companies are also included in this list of new IPOs. While some startups tested the waters in 2021, including Zomato, CarTrade, and Nykaa, many more are on the list of expected IPOs in 2022.
|IPO Company||Issue Size (in INR)||Issue Date|
|AGS Transact||800 crore||January 2022|
|ESDS Software||400 crore||January 2022|
|Tracxn Technologies||January 2022|
|Puranik Builders||810 crore||January 2022|
|Vedant Fashions (Manyavar)||January 2022|
|Waaree Energies||1,350 crore||January 2022|
|Go Airlines||3,600 crore||2022|
|Sahajanand Medical Technologies||1,500 crore||2022|
|API Holdings (PharmEasy)||6,250 crore|
|Inspira Enterprise India||800 crore||2022|
|ESAF Small Finance Bank||997.8 crore||2022|
|Popular Vehicles and Services||150 crore||2022|
|One MobiKwik Systems||1,900 crore||2022|
|Fincare Small Finance Bank||1,330 crore||2022|
|Skanray Technologies||400 crore||2022|
|Penna Cement||1,550 crore||2022|
|Adani Wilmar||3,600 crore||2022|
|India1 Payments||150 crore||2022|
|Emcure Pharmaceuticals||1,100 crore||2022|
|Le Travenues Technology (Ixigo)||1,600 crore||2022|
|Droom Technology||3,000 crore||2022|
HDB Financial Services- Upcoming IPO
HDFC Bank subsidiary HDB Financial Services is also expected to go public this year, making it the group’s fifth entity to do so. The IPO of the nonbanking financing unit is expected to raise INR10,000 crore, and the company’s parent has already hired merchant bankers to help with the offering. In addition to consumer loans, the organisation also provides business loans and asset finance.
In recent years, the corporation has had a strong showing. HDB Financial Services had a profit of INR1,005 crore on revenues of INR10,756 crore for the fiscal year ending March 31, 2020. According to yearly statistics on the company’s website, their top line in FY2016 was just INR3,302 crore. Despite its rapid expansion, HDB has maintained the strength of its credit profile.
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Delhivery – Most interesting of upcoming IPOs in 2022
Unicorn in logistics Delhivery is just another name to add to the list of exciting IPOs scheduled for 2022. According to the draught prospectus submitted with SEBI, the upcoming IPO will contain a fresh issue of shares worth INR5,000 crore, as well as an offer for sale to existing shareholders for up to INR2,460 crore (OFS). Carlyle and SoftBank are two of the most prominent selling stockholders.
The company has yet to acquire approval from SEBI, hence the exact date of the next impending IPO is unknown. Nonetheless, the offer is most likely to be launched in the second part of the year.
Life Insurance Corporation of India (LIC)
The LIC IPO is without a doubt the most anticipated IPO in India this year. The insurance behemoth is expected to be worth more than INR13 lakh crores. Given the company’s enormous scale, even a 5% equity stake in the offer is anticipated to result in a float of INR65,000 crore. To handle the size of this upcoming IPO, various regulatory and market reforms will be required.
Paytm’s IPO currently holds the title of India’s largest public offering, with a size of INR18,300 crore indicating a significant disparity between the two IPOs. This magnitude, on the other hand, is expected to aid retail investors with firm allotment.