On account of the pro-business policies of the government along with rapid digitisation. Year 2021 has been an exceptional year from IPO listing perspective. The market witnessed an unprecedented number of businesses going public and a steady increase in participating investors. Considering the current market trend, several Indian companies, including tech startups, are expected to go public in 2022. In this piece, we will analyze upcoming IPO in India 2022. It’s high time for NRIs investors to invest in pre-IPO in India for higher returns.
Upcoming IPO in India 2022
Here is the checklist of unicorns expected to go public in 2022.
|Upcoming IPO of the Company||Issue Size (Rs. Cr) (Tentative)||IPO Date (Tentative)|
|VLCC Healthcare||300 + OFS||2022|
|BYJU’s||To be updated||2022|
|OYO Rooms||7,000 + OFS||2022|
|Ola||To be updated||2022|
|Snapdeal||1,250 + OFS||2022|
|Swiggy||To be updated||2022|
|Utkarsh Small Finance Bank||1,350||2022|
|Fincare Small Finance Bank||1,330||2022|
|Paradeep Phosphates||1255 + OFS||2022|
|Seven Islands Shipping||600||2022|
|SAMHI Hotels||1,800 – 200||2022|
|Apeejay Surrendra Park Hotel||1,000||2022|
|Gemini Edibles And Fats||2,500||2022|
|ESAF Small Finance Bank||998||2022|
|Medi Assist Insurance TPA Pvt. Ltd.||800||2022|
|Inspira Enterprise India Ltd.||800||2022|
|Fusion Microfinance||600 + OFS||2022|
|Shri Bajrang Power And Ispat Ltd.||700||2022|
|Hinduja Leyland Finance||500||2022|
|ESDS Software Solution Limited||322 + OFS||2022|
|Annai Infra Developers||200 – 250||2022|
|Popular Vehicles And Services||150 + OFS||2022|
|Prudent Corporate Advisory Services||To be updated||2022|
|Tamilnad Mercantile Bank||1,000||2022|
|Tracxn Tech||Fully OFS||2022|
|HBD Financial||To be updated||2022|
|Century Metal Recycling||To be updated||2022|
|Droom||2,000 + OFS||2022|
|Akash Education||To be updated||2022|
|Delhivery||5,000 + OFS||2022|
|Ecom Express||To be updated||2022|
|Navi||To be updated||2022|
|Capillary Technologies||To be updated||2022|
Note: The issue size and date may vary from the ones mentioned in above table
Top upcoming IPOs in India 2022
Go Airlines has filed papers with SEBI for its IPO and is planning to raise Rs. 3,600 crores through its IPO. Face value of each share will be Rs. 10.
The company is engaged in the business of providing microfinancing solutions to the economically weaker sections of society. Arohan Financial has filed its DRHP for Rs. 1,800 crores with the market regulator, including Rs. 850 crore through fresh equity shares.
One of the leading digital payment platforms, MobiKwik has filed papers for its IPO. The IPO will be a combination of fresh equity share issue of Rs. 1,500 cr along with an offer for sale by selected promoters and shareholders worth Rs. 400 cr.
Currently 3 million retailers and more than 120 million customers across the country use the platform for financial transactions.
Utkarsh Small Finance Bank
Utkarsh Small Finance Bank is a small banking service provider. The company has applied for its IPO for Rs. 1350 crores with the market regulator. The IPO would include primary issues of Rs. 750 crores along with an offer for sale worth Rs. 650 crores.
Travel booking platform ixigo is looking for an IPO this year and aims to raise Rs. 750 crores through initial fundraising. The company is planning to collect Rs. 850 cr with an offer for sale. Elevation Capital and Micromax, two of its current investors, would be partially exiting through ixigo’s Rs. 1,600 crores IPO.
The IPO of India’s largest public sector insurer is on the radar of investors. LIC is expected to be the largest ever IPO in the history of India, with an issue size of around Rs. 70,000 to Rs. 80,000 cr.
The Government of India aims to collect Rs. 2.1 cr through the divestment of LIC.
One of the major tech-startups, Ola is looking for an upcoming IPO in 2022. Yet to be finalized, it is believed that Ola IPO would come with an issue size of Rs. 15,000 cr. The company has already wrapped up its pre-IPO funding round.
Leading Edtech BYJU’s entered the unicorn club in 2018. The company is in the process of launching its IPO. Reports suggest that the IPO would help the company to fetch $40-$45 billion.
One of the most popular food delivery platforms Swiggy is planning for an IPO in 2022. The company is working to develop its grocery delivery platform Instamart and may launch its IPO in late 2022.
Pre-IPO investing is different from investing in other asset classes. It requires due diligence to make a decision regarding investment in pre-IPO funds. Before investing in such funds, NRI investors can take financial advice to understand their responsibilities, know the companies accepting pre-IPO investment and price of each share so as to make an informed decision.
IPO size is the entire monetary value of the IPO, calculated by multiplying the total number of shares by the price share.
You can view the upcoming IPO dates on the official website of stock exchanges. BSE and NSE publish a list of IPO listing dates vide notice which indicates the dates when an IPO is available for trading.