The IPO market is expected to see a variety of major big releases thanks to the strong market momentum that guided Sensex and Nifty to record highs in 2021.
Investing in IPOs means a chance to get it in quick, get it in easy, and make a big profit. Some IPOs do extremely well, although others have a terrible reaction from investors.
What is IPO?
The initial public offering (IPO) is a process by which a private company becomes a publicly-traded company by offering its shares for the first time to the public.
How to apply for IPOs?
Nowadays, it has become simpler to register for an initial public offering, because of the online registration process.
In India, most national banks and popular stock brokers provide facilities for online IPO applications. An investor must open a Demat account or a trading account with the brokerage institution that provides IPO service in order to apply online.
Here are ten of the most awaited IPOs to watch in 2021
Major Upcoming IPOs to Watch in 2021
The recent trends have shown that more and more investors are looking at IPOs in order to book a reasonable return in a short span of time.
There is no lack of popular private companies looking to enter the public markets. Key sectors such as e-commerce, fintech and edtech, led by the rise of online penetration, have experienced strong growth. It would be interesting to see the various industries entering the secondary market.
Fincare Small Finance Bank
The Securities and Exchange Board of India has received draught papers for Fincare Small Finance Bank's first public offering (IPO) (SEBI). The company intends to raise Rs 1,330 crore in the primary market.
The IPO of the Bengaluru-based microfinance company includes a fresh issue by the bank of Rs 330 crore and an offer for sale by promoter Fincare Business Services of Rs 1,000 crore.
The company's IPO size is estimated to be around Rs 5,450 crores, of which Rs 5,150 crores would be a fresh issue. The issue date is yet to be announced. Bajaj power ventures promoter is providing 300 crores of scrips. The Promoters of this company are Shishir Bajaj, Minakshi Bajaj, Kushagra Bajaj and ApoorvaBajaj
Bajaj Energy Limited is one of the largest thermal generating firms in the private sector in Uttar Pradesh.
In the 2021 Union Budget, finance minister Nirmala Sitharaman confirmed that the IPO of the Life Insurance Corporation of India (LIC) will be completed in 2021.
Minister of State for Finance said that up to 10% of the LIC IPO issue size will be reserved for policyholders. It is reported that the government is aiming to collect funds to the extent of 80,000 crores through this IPO.
Policybazaar plans to secure nearly $250 million in a $2 billion-plus valuation funding round before an initial public offering in September 2021. With Info Edge being an early investor, Policybazaar was founded in 2008.
With more than 90 percent market share, Policybazaar is the biggest online insurance firm in India.
This is the most eagerly anticipated IPO scheduled for June 2021. Zomato, a food aggregator and delivery business, will undertake an initial public offering (IPO) of Rs 8250 crore. The company intends to raise Rs 7500 crore in a new issuance and Rs 750 crore in an offer for sale. For the next five years, it intends to devote Rs 5625 core to its expansion. By the end of April 2021, the corporation had filed its DRHP.
Over the next five years, with organic growth referring to customer acquisition and technology and delivery infrastructure development, and inorganic growth referring to acquisitions and partnerships.
The Economic Times announced that current investors Tiger Global, Kora Investments, Steadview, Fidelity, Bow Wave, Vy Capital and new sponsor Dragoneer Group will participate in the funding round.
The Wadia Group's airline, Go Airlines, is expected to make its initial public offering (IPO) in August, with the Securities and Exchange Board of India clearing the plan by July 31, according to business news channel ETNow, citing sources in the know.
The e-logistics service provider holds more than 20 percent of its sector's market share and has raised 780 million across its various funding rounds. The company has over 85 fulfillment centers and has delivered 750 million orders to date. The company's last estimate stood at $1.5 billion and could go public in 2021-2022.
This is the first time the Noida-based company, which is valued at $16 billion and has raised more than $3 billion to date, has discussed its IPO intentions. The board of directors has given the startup in-principle authority to pursue the public market, according to the letter.
Paytm, which is funded by Alibaba and SoftBank, hasn't said when it wants to apply for an IPO, but it has asked shareholders to respond by the end of the month if they want to sell their shares.
Paytm wants to raise roughly $3 billion in the IPO, according to two persons familiar with the situation, and is aiming for a valuation of up to $30 billion, according to TechCrunch.
Ola, a leading cab service provider plans to list on bourses this year. It is backed by Tiger Global alongside Tencent along with others.
At present, the company reports more than 1 billion rides taken annually and retains the privilege of a 55% market share in Indian markets.
BYJUs, India's leading education site, soared to prominence during the pandemic. It is backed by Lightspeed and Sequoia and has a $10.8 billion valuation and has 70 million registered users.
Byju's can go public by listing itself both in India and the US on stock exchanges.
The edtech website, founded in 2011 by teacher-turned-entrepreneur Byju, offers online kindergarten to Class 12 student learning courses, along with entrance exam training for engineering schools, medical colleges, and civil services.
The list of prospective IPOs listed above are subject to significant modification as the information is not yet updated on the exchanges.