IPO Market 2021: The first 3 months of the year 2021 have been very strong in terms of IPO market. In these 3 months, a total of 17 companies in the market have raised more than Rs 18800 crore from the IPO, which is the highest since the March 2018 quarter. If you have missed out on taking advantage of the boom in the IPO market so far this year, do not be disappointed, this month i.e. in April some companies are going to bring their IPO. These include big names like Lodha Developers and Aadhaar Housing Finance. 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 benefits
Talking about last year, most companies presented their IPOs in the second half, when the economy started coming back on track. Although there has been some pressure on the stock market in March, the outlook of the Indian economy is still strong. The boom from the lower levels in the market is also anticipated. Rating agencies are improving estimates about the economy. As long as this outlook of the economy remains good, the IPO market will see a boom. Companies would like to take advantage of the boom in the market. Anyway, the IPO market has received tremendous response in the last few months.
2021: How many IPOs have come till now
(Company and issue size)
IRFC: 4633 Crore
Indigo Paints: 1171 Crore
Home First Finance: 1154 Crore
Stove Craft: 412.63 Crore
Brackfield India Real Estate: 3800 Crore
Nureka Limited: 100 million
RailTel: 819.24 Crore
Heramba Industries: 625 crores
MTAR Tech: 596.41 Crore
Easy Trip Planner: 510 Crore
Anupam Chemicals: 760 Crore
Lakshmi Argonics: 600 million
Craftsman Automation: 824 Crore
Suryoday Small Finance Bank: 582 Crore
Kalyan Jewelers: 1175 Crore
View Technology: 583 Crore
Barbecue Nation: 453 Crore
Which companies are going to IPO
Microtech Developers: This company was earlier known as Lodha Developers. The company’s IPO is opening on 7 April and it can be invested by 9 April. New shares worth Rs 2,500 crore will be floated in the IPO of the Macrotech developers. Macrotech will use the funds from the IPO to reduce debt and grow the business. The issue price of this IPO has been fixed at Rs 483-486.
Aadhaar Housing Finance: The size of the IPO of Aadhaar Housing Finance, invested by private equity firm Blackstone, is Rs 7300 crore. It caters to the housing finance needs of the low income group. For this, the company will issue fresh shares worth 1500 crore rupees and the promoters and shareholders of the company will sell 5800 crore rupees.
Dodla Dairy: Dodla Dairy is a South Indian company. The company has submitted a draft red herring prospectus to the market regulator SEBI to launch an IPO of Rs 800 crore. For the IPO, the company will issue fresh shares worth Rs 50 crore and the promoter and investor of the company will issue 1,00,85,444 equity shares through the offer for sale.
Seven Islands Shipping: The company has received approval from SEBI for an IPO of Rs 600 crore. In this, a fresh issue of Rs 400 crore will be issued. Whereas, shares worth Rs 200 crore will be issued through the offer for sale.
KIMS Hospitals: Krishna Institute of Medical Science Limited is preparing to raise Rs 700 crore through an IPO. It is one of the largest corporate healthcare groups in Andhra Pradesh and Telangana region.
Sona Comstar: Sona BLW Precision Forgings (Sona Comstar) is an auto parts manufacturing company. The company is preparing to raise Rs 6000 crore from its IPO. Fresh shares worth Rs 300 crore will be issued in the IPO.