Ending 2021 with a good IPO number and a promising Stock market, the year ahead is also likely to witness a surge in IPOs as the many startups, companies are planning to go public by the end of 2022. The IPO number is tentative, however, the buzz around a few company's IPO is massive. These companies' IPOs are likely to be a game-changer for the Indian Capital Market. Here, in the article, we highlighted the 10 most anticipated IPOs that are going to bring a massive capital flow to the Indian Stock market with their debut.
According to a top Central government official, the massive IPO of Life Insurance Corporation of India (LIC) would be completed by the end of the current fiscal year. The IPO is likely to be India's largest, bringing in roughly Rs 1 lakh crore for the government. Following the release of the Union Budget for FY22, the government has taken a number of legislative and executive actions to prepare for the big IPO. The Life Insurance Corporation of India (LIC), a statutory corporation established under the LIC Act 1956, is India's largest life insurer and is completely controlled by the government.
The National Stock Exchange (NSE) is expected to be worth more than INR 2 lakh crore. The country's largest stock market is expected to go public. The NSE's much-anticipated IPO might take place in 2022. Through the share sale, the NSE hopes to raise INR 10,000 crore. SBI, LIC, IFCI, IDBI Bank, Goldman Sachs, Stock Holding Corporation, Tiger Global, and Citigroup are among the company's major shareholders.
3. Adani Wilmar
For Indian customers, the FMCG food firm offers a wide range of industrial needs and culinary commodities, such as wheat flour, edible oil, rice, sugar, castor oil, oleochemicals, pulses, and de-oiled cakes. After the request was accepted, Adani Wilmar's IPO date is yet to be declared. However, the IPO is likely to make its debut in January as per reports. With its maiden offering, the IPO price range aims to raise up to Rs 4,500.00 crore. The issue price for the equity shares, which will have a face value of Rs 1 per equity share, has yet to be determined.
The last few years were the most promising year for the startups in India and are rapidly growing. Byju's is one of the most anticipated startups of India with major holdings like WhiteHat Jr, Akash Coachings, Great Learnings, and various others is also likely to go public in 2022. According to a Bloomberg News article from September, Byju's, India's most valued startup and Edtech platform is in the advanced stages of a traditional IPO file and was also exploring a SPAC merger. According to persons familiar with the situation, it is in advanced talks to go public by merging with one of Churchill Capital's special-purpose acquisition businesses.
Delhivery is India's biggest startup in the logistics sector. The startup is one of the most anticipated IPOs that is going public in 2022 as per reports. The company has filed its draught red herring prospectus (DRHP) with the SEBI for its IPO. According to reports, the IPO's issue amount is INR 7,460 crore. The primary issuance for the IPO will be INR 5,000 crores. Existing investors will make a INR 2,460 crore bid to sell the company. China Momentum Fund (Deli CMF), Carlyle, SoftBank, and Times Internet are among the major stockholders selling in the IPO.
Oravel Stays Ltd, the parent company of OYO, swiftly became the hot-spot for Indian tourists as it offers easy hotel book and stays. The company is likely to go public in 2020. It is yet another startup that become a unicorn. Since its inception in 2012, the company has been focused on reshaping the short-stay accommodation space and has developed a unique two-sided technology platform aimed at comprehensively addressing key pain points for both its Patrons on the supply side and its Customers on the demand side. Currently, the company's platform has 157,344 stores from more than 35 nations. In a recent development, the company's Employees, ex-staff buy around 3 crore shares of the company as the company is going to the public.
PharmEasy is a pharmaceutical platform startup serving in major cities of India. It is also likely to the public as API Holding, the parent company of PharmEasy has filed a DRHP for an IPO with the SEBI. The business wants to raise Rs 6,250 crore through a new share offering. The capital would be used to retire or settle an existing debt of Rs 1,929 crore, support organic growth initiatives totaling Rs 1,259 crore, seek inorganic expansion through acquisitions, and other strategic initiatives totaling Rs 1,500 crore, according to the IPO. The PharmEasy IPO has many hurdles to face as the CAIT (Confederation of All India Traders) has written to India's market regulator, SEBI, requesting that PharmEasy's (IPO) be dismissed, claiming that internet pharmacies are illegal under Indian law. However, it is likely to go public in 2022.
Everyone is familiar with the name, Snapdeal Ltd., which is an Indian e-commerce startup backed by SoftBank Group Corp. The company has filed preliminary paperwork with SEBI for an IPO, joining a rush of various other digital firms seeking to list on the stock exchanges amid a record-breaking stock market boom. According to the company's DRHP, filed with the SEBI, the company wants to generate INR 1,250 crore through the issuance of new shares. SoftBank and other current owners plan to sell up to 30.77 million secondary shares. It is one of the most anticipated IPOs that is going to make its debut on the stock market this year.
MobiKwik is one of India's top mobile wallets/UPI app and BNPL players. The company plans to go public as soon as next year. Mobikwik has already received authorization from the Securities and Exchange Board of India (SEBI) to go public in November. However, due to unfavorable market conditions, the firm has opted to wait. After gaining SEBI's clearance, a business must go public within the next 12 months. As a result, MobiKwik might be a candidate for an IPO in 2022.
Ola, which was founded in 2010, is yet another startup turned unicorn company that is going to debut on the stock market in 2022. The company is planning an IPO in 2022. Following pandemic revenue losses and lockdowns like various others, the company proceeded on a growth rampage, launching new verticals. One such unique sector was Ola Cars, the company's second-hand vehicle sale platform. It also has car rental and food delivery operations in addition to its initial cab-hailing business. Last year, the company launched Ola Electric and became an OEM, producing electric scooters. The company launched two e-scooters in Indian Market and become the most anticipated IPO bound company in India. The company has many ambitious plans in the future that are likely to benefit the company.