Initial Public Offering or IPO is the action by which unlisted companies mark their debut on the stock markets. This is the time that the company has decided to raise money from the public through the stock exchanges.
Many investors aim to buy shares of fairly valued companies during their IPOs.
The primary source of information in such a process is the DRHP or the Draft Red Herring Prospectus – a document which the company prepares detailing its financial position, day to day operations, risks and strengths and many more things that an investor may wish to know.
If you have been wondering which IPOs have taken place so far in 2021 and which ones are to take place in the near future, here’s the information:
The following list includes the new upcoming IPO:
|UPCOMING IPO||Tentative Issue Size (in Rs Crores)*||Tentative Date*||Important details|
|LIC||70,000||2021-22||10% of shares are proposed to be alloted to existing LIC policyholders. This is one of the most awaited upcoming IPO 2021.|
|Nykaa||525 + Offer for sale (OFS)||2021-22||SEBI recently gave its approval to the IPO
Fresh issue worth Rs 525 crore and an OFS of over 4.3 crore equity shares
|Fincare Small Finance Bank||1,330||2021||Issue of fresh shares worth Rs 330 crore and an OFS of up to Rs 1,000 crore from promoter Fincare Business Services Ltd.|
|Bajaj Energy||5,450||2021||The proceeds from the IPO will be used to acquire Lalitpur Power Generation Company (LPGCL)|
|Studds Accessories||98 + OFS||2021||Around 4 lakh equity shares of the company are likely to be offered to the public through the OFS.|
|Apeejay Surrendra Park Hotels||1,000||2021||Fresh issue of up to Rs 400 crore and an offer-for-sale (OFS) of up to Rs 600 crore|
|Annai Infra Developers||200-250||2021||The company is engaged in the business of water management and irrigation EPC segment.|
|GoAir||3,600||2021||The airline has rebranded itself as ‘Go First’
It also plans to raise up to Rs 1,500 crore by way of a pre-IPO placement. This is one of the upcoming IPO in India for airline Industry.
|Paytm||16,600||October 2021||Rs 12,000 crore fresh issue and Rs 4,600 crore as offer for sale from the existing investors.|
|Shriram Properties||800||2021||Shriram Properties is one of the five largest residential real estate companies in India.|
|Aadhar Housing Finance||7300||2021||The company has a network of 292 branches spread across 20 states and UTs.|
|Mobikwik||1900||September 2021||Mobikwik recently turned into a unicorn – a startup with equal to or over $1 billion valuation. This is expected to be a latest upcoming IPO.|
|Policybazaar||6000||2021||PB Fintech is the parent company of Policybazaar.
PB Fintech also launched Paisabazaar in 2014. This is also a new upcoming IPO.
|Ola||7300||2022||Ola’s IPO may result in the company achieving a valuation at the tune of $12-14 billion.|
|Fincare Small Finance Bank||1330||2022||The bank aims to utilise the net proceeds towards augmenting its Tier-1 capital base to meet future capital requirements.|
|Supriya Lifescience||1200||–||The IPO consists of an OFS of shares worth up to Rs 1,000 crore held by its promoter Satish Waman Wagh.|
|Penna Cement Industries||1550||Sept – Oct 2021||The company plans to utilise part of the fresh capital raised for repayment of Rs 550 crore of certain borrowings besides funding capital expenditure requirements of Rs 105 crore for its KP Line II Project.|
|Utkarsh Small Finance Bank||1350||–||The bank intends to utilize the net proceeds from the fresh issue to augment its tier 1 capital for business expansion.|
|Jana Small Finance Bank||700 crore + Offer of sale||–||Jana Small Finance Bank may consider a pre-IPO placement of an aggregate amount not exceeding Rs 500 crore.|
|Seven Islands Shipping||600||2021||The company will utilise the net proceeds to acquire a large crude carrier vessel and one medium-range vessel|
|ESAF Small Finance Bank||998||Oct – Dec 2021||The bank may consider a pre-IPO placement of equity shares for an aggregate amount up to Rs 300 crore.|
|Aarohan Financial||1750-1800||Sept – Oct 2021||The lender will be looking to raise up to Rs 150 crore from pre-IPO placement.|
|Ruchi Soya||4,300||Sept – Oct 2021||Ruchi Soya is a part of Ramdev Baba led FMCG company, Patanjali group.|
|Star Health and Allied Insurance company||3,000||Sept – Oct 2021||Star Health is backed by investors including Rakesh Jhunjhunwala and Westbridge capital.|
|Shri Bajrang Power and Ispat||700||Sept – Oct 2021||The company operates three manufacturing units located in Raipur.|
|Adani Wilmar||4,500||2021||Adani Wilmar was started in 1999 as a joint venture between Adani Group and Wilmar Group. This is one of the recently approved upcoming IPO 2021.|
|PharmEasy||3,000 – 3,700||2021||PharmEasy raised nearly $350 million in pre-IPO funding round.|
|Gemini Edibles And Fats||2,500||2021||Gemini sells its products in the edible oil segment under the brand Freedom.|
|CMS Info Systems||2,000||2021||The issue is an offer for sale (OFS) by CMS Info Systems’ promoter Baring Private Equity Asia|
|SAMHI Hotels||1,800 – 2,000||2021||The portfolio of SAMHI consisted of 27 operating hotels across 12 cities in June, 2019.|
|Medplus Health Services||1,639||2021||Proceeds of the fresh issue will be used for funding working capital requirements of the company’s subsidiary – Optival.|
|Ixigo||1,600||2021||The company raised Rs 270 crore as part of a pre-IPO round led by Singapore sovereign wealth fund GIC. This is one of the latest IPO.|
|Fino Payments Bank||1,330||2021||The bank may consider a pre-IPO placement aggregating up to Rs 60 crore.|
|Sterlite Power||1,250||2021||Vedanta Resources Chairman Anil Agarwal is a promoter of Sterlite Power.|
|Paradeep Phosphates||1,225 + Offer for Sale||2021||The Government of India owns a 19.55% stake in the company.|
|RateGain||1,200||2021||Part of the proceeds from the fresh issue will be used for payment of debt availed by RateGain UK — one of the subsidiaries|
|Srei Equipment Finance||1,100||2021||Srei Equipment Finance is a wholly-owned subsidiary of Srei Infrastructure Finance|
|Inspira Enterprise India Ltd.||800||2021||The company may consider a pre-IPO placement of Rs 75 crore.|
|Medi Assist Insurance TPA Pvt. Ltd.||850||2021||According to its DRHP, Medi Assist managed Rs 7,829.5 crore of health insurance premiums for the financial year 2020.|
|SJS Enterprises||800||2021||The IPO is entirely an OFS of shares worth up to Rs 688 crore by Evergraph Holdings and shares aggregating up to Rs 112 crore by KA Joseph.|
|Keventer Agro||800||2021||The proceeds will be used to repay debt and for funding capital expenditure requirements.|
|Chemspec Chemicals||700||2021||The IPO is a complete offer for sale (OFS) by existing promoters.|
|Muthoot Microfinance||700||2021||The company is the micro finance arm of Muthoot Pappachan Group (MPG).|
|Fusion Microfinance||600 + Offer for sale||2021||Fusion Microfinance is a financial services firm serving in rural and semi-rural India|
|Latent View Analytics||600||October 2021||The proceeds will be used for funding inorganic growth initiatives, working capital requirements of its material arm LatentView Analytics Corp and for investment in its arm to augment its capital base for future growth.|
|Hinduja Leyland Finance||500||2021||HLF intends to use the IPO proceeds to augment its capital base to meet future requirements|
|VLCC Health Care||300 + Offer for sale||2021||The company will utilise part of the net proceeds to establish VLCC Wellness Clinics in India and GCC Region, and VLCC institutes in India.|
|Harsha Engineering||370||2021||The company proposes to utilise the proceeds for pre-payment of certain indebtedness, purchase of machinery in India, investment in subsidiaries, amongst other uses.|
|Go Colors||125 + Offer for sale||2021||Go Colors plans to utilise the funds to open 120 stores across India.|
|Narmada Biochem||90||2021||The company has a distribution network of more than 750 distributors spread over 10 states.|
|Popular Vehicles And Services||150 + Offer for sale||2021||The proceeds from the issue will be used to repay debt, including working capital loans availed by the firm and its arms.|
|Tarsons Products||150 + Offer for sale||2021||This is also one of the upcoming IPO.The company has a distribution network of 141 distributors.
Globally, it comprises over 45 authorized distributors and partners and supplied products to over 40 countries.
|*Both, the issue size and date, is tentative and might vary once the issue goes live in the markets.|
Now that you have seen the list of upcoming IPO in India, here the list of IPOs that have already been listed during the year:
IPOs Listed in 2021
|Issuing Company||Issue Price||Listing Premium/
|Aditya Birla AMC||Rs 715||0.42%||Oct 11|
|Paras Defence||Rs 469||168%||Oct 1|
|Sansera Engineering||Rs 812||9.14%||Sept 24|
|Vijaya Diagnostic||Rs 540||1.69%||Sept 14|
|Ami Organics||Rs 910||49.18%||Sept 14|
|Aptus Value Housing Finance||Rs 333||5.67% – Discount||Aug 24|
|Chemplast Sanmar||Rs 550||1.66%||Aug 24|
|Nuvoco Vistas||Rs 485||-14.91 – Discount||Aug 23|
|Cartrade tech Limited||Rs 1600||-1.11% – Discount||Aug 20|
|Windlas Biotech Limited||Rs 437||-5.00% – Discount||Aug 16|
|Exxaro Tiles Limited||Rs 126||5.00%||Aug 16|
|Krsnaa Diagnostics||Rs 1006||5.45%||Aug 16|
|Devyani||Rs 141||56.67%||Aug 16|
|Glenmark Lifesciences||Rs. 750||3.96%||Aug 6|
|Zomato||Rs. 116||52.63%||July 23|
|Clean Science||Rs 1,755||95%||July 19|
|GR Infraprojects||Rs 1,715||104.9%||July 19|
|Indian Pesticides||Rs 350||18.24%||July 5|
|Dodla Dairy||Rs 550||28.5%||June 28|
|KIMS Hospitals||Rs 1,009||22.3%||June 28|
|Shyam Metalics||Rs 380||24.18%||June 24|
|Sona Comstar||Rs 301||3.44%||June 24|
|Lodha Developers||Rs 486||-10.29% discount||April 19|
|Barbeque Nation||Rs 500||-2% discount||April 7|
|Suryoday Small Finance Bank||Rs 305||-3.9 to 4% (discount)||March 26|
|Nazara Tech||Rs 1,101||80%||March 30|
|Kalyan Jewellers||Rs 87||-15% (discount)||March 26|
|Craftsman Automation||Rs 1,490||-8 to10% (discount)||March 25|
|Laxmi Organic||Rs 130||20%||March 25|
|Anupam Rasayan||Rs 555||– 3.6 to 6.3% (discount)||March 24|
|Easy Trip Planners||Rs 187||10-13%||March 19|
|MTAR||Rs 575||82-89%||March 15|
|Heranba||Rs 627||43.54%||March 5|
|Nureca||Rs 400||53-59%||February 25|
|RailTel||Rs 94||10-20%||February 26|
|Brookfield Reit||Rs 275||Flat to 2.4%||February 16|
|Stove Kraft||Rs 358||21-29%||February 5|
|HFFC||Rs 518||19%||February 3|
|Indigo Paints||Rs 1,490||75%||February 2|
|IRFC||Rs 26||-4.23%||January 29|
What is the full form of IPO?
IPO stands for Initial Public Offering. It is what it sounds like – it is the initial time when a company asks the public in general to buy its shares.
The first list above mentions a list of latest upcoming IPOs.
How to buy shares during an IPO?
It is a really simple step. Go to this link (if you wish to buy the shares using Groww): https://groww.in/ipo
Select the IPO you wish to apply for and if it is a current IPO (i.e. it is live) just select ‘Apply for the IPO’ and the page will guide you through the process.
What happens once I place an order for shares?
Investors do not get the shares the minute they send their money during an IPO. Once you place an order, the possibility whether you will actually receive the shares depends on the subscription status of the current IPO.
In case of an oversubscription, you will receive less number of shares than what you applied for. When under subscription happens, you will receive all the shares you applied for.
In case of under subscription below a particular threshold, the IPO may not qualify to get listed and you will get your money back.
When are the shares allotted?
The shares are usually allotted one week after the basis of the allotment date i.e. one week after the date when investors (who had applied for the IPO) are made aware of the number of shares they will be allotted.
We hope you found this information about latest IPOs and IPOs listed in 2021 helpful.
Disclaimer: The content above is only for informational and educational purposes. It is in no way meant to be advice on what to buy or sell. Investors are advised to refer to various sources and do an in depth analysis and invest in alignment with their personal financial goals.
Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. NBT do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.