Government company LIC can launch its much-awaited IP in 2022. This will be the biggest IPO of the country so far.
2021 has been great for IPOs. But 2022 IPO can prove to be even more spectacular for investors. Mega IPO of some big companies may come this year. In 2021, 40 companies (by September) had launched IPOs worth Rs 700 billion. In the October-December quarter, there was a competition for companies launching IPOs. Let us see which mega IPOs will be launched in 2022.
LIC
Government company LIC can launch its much-awaited IP in 2022. This will be the biggest IPO of the country so far and through this the government can sell 5 to 10 percent stake in LIC. According to an estimate, the government can raise capital of Rs 600 to 800 through this, which can prove to be very helpful in achieving its disinvestment target.
Byju’s
It is one of the fastest growing start-up companies in India, which can raise capital up to Rs 4500 crore through IP. This company can file its draft paper with SEBI by the second quarter of next year. According to the report, bankers can put its valuation in the range of $ 40 billion to $ 50 billion. Facebook Chief Mark Zuckerberg and giant investment companies have invested money in this education start-up. Its bankers include Morgan Stanley, Citigroup and JP Morgan. In the last few years, it has strengthened its position by making big acquisitions.
OLA
This riding aggregate based in Bangalore will enter the IPO market to raise capital of 7 to 14 thousand crores. Unlike other start-ups, Ola is profitable. The company has made a profit of Rs 898 crore in the financial year. Recently, Ola has raised Rs 3500 crore in the pre-IPO round. Recently this company has announced the acquisition of GeoSpoc. Through this Ola wants to create world class location technology.
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Delhivery
The IPO of this logistics company will also come next year. This company can also bring an IPO of Rs 3500 crore. It has filed draft papers for this in SEBI. Through this IPO, 7.6 billion fresh shares have been issued. While the offer for sale will be more than Rs 24 billion, this company has recently signed an agreement to buy 100 percent stake in its rival company.
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