IPO UPDATE: THE BIG IPOs TO LOOK OUT FOR IN 2022
SANDEEP KUMAR | Jan 19, 2022 |
Despite the COVD-19 epidemic, 2021 was the best year for initial public offerings in the last two decades. In the coming year, the industry expects a similar IPO frenzy. Furthermore, many initial public offerings (IPOs) are already planned for 2022. In 2021, the companies raised Rs 1,19,882 crore through IPO, much higher than the previous highest of Rs Rs 75,279 crore in 2017. Furthermore, in 2022, the new-age tech, consumer, healthcare, and specialty chemicals industries are likely to dominate forthcoming IPOs.
Many companies are planning to go public in the year 2022. There are a few well-known names on the list. Zomato, Policybazaar, Nykaa, and Paytm are among the startups that will go public in 2021. According to a study from Axis Capital, there are 75 firms in the IPO pipeline, with 37 having valid Sebi observations and the remaining 38 seeking market regulator approval after filing their DRHP.
In a series of articles, we will have a look of the top IPOs coming out this year:
The huge Offering of Life Insurance Corporation of India (LIC) will be completed by the end of the current fiscal year, as per the sources. The IPO is expected to be India’s largest, with the government expecting to raise around Rs 1 lakh crore. The Life Insurance Corporation of India (LIC), a government-controlled statutory corporation created under the LIC Act 1956, is India’s largest life insurer.
It is this year’s most anticipated issue, but the company is still yet to submit its DRHP and will require numerous clearances and regulatory approvals before entering the primary market.
The value of the National Stock Exchange (NSE) is likely to exceed INR 2 lakh crore. The largest stock exchange in the country is slated to go public. The much-anticipated NSE IPO could happen in 2022. The NSE intends to raise INR 10,000 crore through the share sale.
Several well-known companies are among the company’s shareholders, including State Bank of India (SBI), LIC, IFCI, IDBI Bank, Goldman Sachs, Stock Holding Corporation, Tiger Global, and Citigroup.
Adani Wilmar is a well-known name in the edible oil market, with Fortune Oil cooking oil being one of their most famous products. It is one of the country’s top FMCG companies, offering a wide range of products. The Adani Wilmar joint venture is a partnership between the Adani Group and the Wilmar Group. The IPO will be a completely new stock offering. In addition, the fast-moving consumer goods firm plans to raise INR 4,500 crore in the primary market.
Furthermore, the profits from the stock sale will be used to fund capital expenditures for existing manufacturing facility expansion, new manufacturing facility construction, debt repayment/prepayment, strategic acquisitions and investments, and other general corporate purposes.
Byju’s is associated to education, and students can receive free online education. The app is primarily designed for students in grades 4 through 12. In addition, it contains information about competitive exams like as JEE, NEET, and IAS. Byju’s is anticipated to raise roughly Rs 4500 crore through its first public offering.
The previous few years have been the most promising for Indian startups, which are quickly expanding. Byju’s is one of India’s most anticipated companies, with important holdings such as WhiteHat Jr, Akash Coachings, Great Learnings, and others, and it is expected to go public in 2022.
MobiKwik is one of India’s most popular Buy Now Pay Later (BNPL) and mobile wallet companies. The online payment company wants to address the credit needs of an ever-increasing online population. Peer-to-peer payments via UPI, MobiKwik Wallet, and MobiKwik Wallet to bank payments are among the services available on the platform. MobiKwik’s initial public offering (IPO) will be worth Rs 1900 crore. It involves a fresh share offering worth up to Rs 1500 crore and a Rs 400 crore offer for sale.
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