Upcoming IPO in 2021: IPO market boom is going to continue in 2021. In such a situation, many companies are preparing to bring their IPO.
Upcoming IPO in 2021: The year 2020 was very impressive for the primary market i.e. IPO market. Of the 15 companies that launched their IPOs last year, more than 60 per cent were listed at a premium. Even investors have received 200 per cent returns so far from those issues. In the year 2020, companies have raised more than 30 thousand crore funds from the IPO. Expert says that this boom of IPO market is going to continue in 2021. In such a situation, many companies are preparing to bring their IPO. If you also want to earn from the IPO market, then you can keep an eye on these IPOs by keeping money in the account.
Why are companies seeing an advantage
Jagdish Thakkar, director of Fortune Fiscal, says that last year, most companies offered their IPOs in the second half, when the economy started coming back on track. The outlook of the Indian economy is still strong. Rating agencies are improving estimates about the economy. He says that as long as this outlook of the economy remains better, the IPO market will see a boom. Companies will want to take advantage of the boom in the market. Anyway, the IPO market has received tremendous response in the last few months.
These companies are going to bring IPO
In the year 2021, about a dozen companies are preparing to launch IPOs. Most of them have got the approval of the market regulator. Companies whose IPOs are due to come this year include Indigo Paints, LIC, Rail Tail, Kalyan Jewelers, Indian Railway Finance Corporation (IRFC), Bajaj Energy, Suryodaya Small Finance Bank, ESAF Small Finance Bank, Najara Technologies, Brookfield RIET, Barbecue Nation , Companies like Home First Finance Company. Some upcoming IPOs… ..
Indigo Paints: 1000 Crore IPO
Indigo Paints, backed by Sequoia Capital, has received approval from SEBI for an IPO. Approval has been given to raise Rs 1,000 crore through Initial Public Issue (IPO). According to the documents, new shares worth Rs 300 crore will be issued under the IPO. While it will issue 58 lakh shares through Offer for Sale (OFS). In this, two of its funds, namely SCI Investments 4 and SCI Investments 5, by Sekoya Capital, and Hemant Jalan will sell their shares in the promoter selling shareholder. Kotak is the book running lead manager of Mahindra Capital Company, Edelweiss Financial Services and ICICI Securities issue.
IRFC: 4600 Crore IPO
Indian Railway Finance Corporation (IRFC) IPO of Rs 4,600 crore may come this month. This will be the first IPO of a public sector non-banking financial company. The company will also raise money from anchor investors. This IPO will be of 178.20 crore shares. In this, 118.80 crore new shares will be issued while the government will bring a sales offer of Rs 59.40 crore.
Kalyan Jewelers: 1750 crore IPO
The size of the IPO will be Rs 1750 crore. The company plans to issue up to Rs 1,000 crore of new equity shares under IPO and raise Rs 750 crore through OFS.
Rail Tel: IPO of 700 crores
Rail Tel has received approval from Sebi to raise Rs 700 crore through an IPO. Under this, the government will sell 8.66 percent stake. In December 2018, the cabinet had approved an IPO for sale of up to 25 per cent government stake in RailTel Corporation.
In 2021, the IPO of Life Insurance Corporation of India (LIC) may come. The exercise of bringing IPO has been going on for a long time, but no clear decision can be taken in this regard yet. The government had sought applications from actuarial companies for its insurance valuation before selling a stake in the largest insurance company Life Insurance Corporation of India (LIC). The government plans to sell its stake in LIC and list it in the stock market. Deloitte and SBI Capital have been appointed as consultants for this.
Bajaj Energy: 5450 crore IPO
Bajaj Energy aims to raise Rs 5450 crore from the IPO. SEBI allowed the company to do it last year. According to the documents submitted by the company, under this IPO, the company will issue new shares worth Rs 5,150 crore. At the same time, the company’s current shareholder Bajaj Power Ventures is going to offer for sale of shares worth Rs 300 crore from its stake.
Apart from this, in other IPOs, Sunrise Small Finance Bank 400 crore IPO and Nazar Technologies 900 to 1000 crore IPO can come. ESAF Small Finance Bank can bring its 1000 crore IPO, then Home First Finance Company will get an IPO of 1500 crore.
IPO coming in the year 2020
Among the companies that have IPO in the year 2020, SBI Card, Rosari Biotech, Root Mobile, Happiest Minds, CAMS, Chemcon Specialty, Angel Broking, UTI AMC, Mazgaon Dock, Equitas Bank, Gland Pharma, Burger King, Mr. Bectors Food and Antony vest handling cell included.