IPO Update: Top 8 Most Anticipated IPOs in 2022

After a strong IPO year in 2021 and a promising stock market, the year ahead is expected to see a boom in IPOs as many startups and corporations seek to go public by the end of 2022. The IPO number is speculative, but the excitement surrounding a few companies’ IPOs is palpable. The initial public offerings of these companies are likely to be game-changers for the Indian capital market. The ten most anticipated initial public offerings (IPOs) that will bring a large capital inflow to the Indian stock market with their debut are featured in this article.

LIC

The mammoth IPO of Life Insurance Corporation of India (LIC) will be completed by the end of the current fiscal year, according to a top Central government official. The IPO is expected to be India’s largest, with the government expecting to raise around Rs.1 lakh crore. The government has taken several legislative and executive initiatives in response to the announcement of the Union Budget for FY22, to prepare for the large IPO. The Life Insurance Corporation of India (LIC), a government-controlled statutory corporation created under the LIC Act 1956, is India’s largest life insurer.

NSE

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. The company’s significant shareholders include SBI, LIC, IFCI, IDBI Bank, Goldman Sachs, Stock Holding Corporation, Tiger Global, and Citigroup.

Adani Wilmar

The FMCG food company sells a wide range of industrial and culinary commodities to Indian clients, including wheat flour, edible oil, rice, sugar, castor oil, oleochemicals, pulses, and de-oiled cakes. Adani Wilmar‘s IPO date is yet to be announced after the proposal was approved. According to sources, the IPO is expected to launch in January. The IPO pricing range for its first offering intends to raise to Rs.4,500.00 crore. The issuance price for the equity shares, which will have a face value of Rs.1 each, is still being set.

Byju’s

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. According to a September Bloomberg News report, Byju’s, India’s most valuable startup and Edtech platform is working on a traditional IPO and was considering a SPAC merger. It is in advanced talks to go public by merging with one of Churchill Capital’s special-purpose acquisition businesses, according to people familiar with the matter.

Delhivery

Delhivery is the largest logistics startup in India. According to estimates, the business will go public in 2022, making it one of the most anticipated IPOs. For its IPO, the company has filed a draughts red herring prospectus (DRHP) with the SEBI. The IPO’s issue amount, according to reports, is INR 7,460 crore. The IPO’s primary issuance will be INR 5,000 crores. Existing investors will propose the company worth INR 2,460 crore. Among the key stockholders selling in the IPO are China Momentum Fund (Deli CMF), Carlyle, SoftBank, and Times Internet.

OYO

Because it provides convenient hotel booking and stays, Oravel Stays Ltd, the parent company of OYO, quickly became a hotspot for Indian travellers. In 2020, the company is expected to go public. It’s yet another startup that has achieved unicorn status. The firm has been focused on redefining the short-stay housing industry since its founding in 2012 and has developed a unique two-sided technology platform aimed at thoroughly addressing key pain points for both its Patrons on the supply side and Customers on the demand side. The company’s platform currently has 157,344 stores from over 35 countries. Employees and ex-employees of the company have recently purchased about 3 crore shares of the company as it prepares to go public.

Snapdeal

Snapdeal Ltd., an Indian e-commerce firm funded by SoftBank Group Corp., is a name that everyone knows. The startup has filed preliminary paperwork with SEBI for an initial public offering, following a slew of other digital companies looking to list on stock exchanges amid a record-breaking stock market rally. The company aims to raise INR 1,250 crore through the issuing of additional shares, according to its DRHP filed with the SEBI. Up to 30.77 million secondary shares will be sold by SoftBank and other present owners. It is one of the most anticipated initial public offerings (IPOs) to hit the stock market this year.

Ola

Ola, which was started in 2010, is another firm that has become a unicorn and will be listed on the stock market in 2022. In 2022, the company intends to go public. After experiencing pandemic revenue losses and lockdowns, the company went on a growth frenzy, introducing new verticals. Ola Cars, the company’s second-hand vehicle sale platform, was one such distinct area. In addition to its cab-hailing business, it also includes auto rental and food delivery activities. Ola Electric was formed last year, and the company became an OEM, making electric scooters. The company released two e-scooters in the Indian market, making it India’s most anticipated IPO. In the future, the company has several ambitious goals that are likely to benefit the company.