In recent times, IPOs of many companies have appeared. Some companies are also listed in the market. Which also includes the name of Happiest Mind, which has given profits to investors at a premium of 135 per cent. On Monday, the IPAO of Cams came. Which is considered to be the biggest IPO of the year. In the COVID era, these IPOs are a profitable deal for the companies, investors are also full of pockets. T
he special thing is that in the next 12 to 18 months, some such unicorn companies of the country are expected to have IPOs, which may be different from you. Some companies will be listed in US markets, some are preparing to be listed in Indian markets. Let us also tell you which companies can give you a lot of opportunities.
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Flipkart’s IPO may come in the US market
Walmart-owned e-commerce company Flipkart is eyeing the US market. By the way, the company and Walmart which is the parent company have no shortage of funds. According to media reports, the coronavirus epidemic has accelerated digitization and online purchases. Which has benefited Flipkart?
According to the report, next year, an IPO of 40 to 45 billion dollars can be brought in the US market. This amount is more than double the Walmart-Flipkart deal which came to $ 21 billion in 2018. In the fiscal year 2019, Flipkart’s revenue grew by 42 percent to Rs 43,515 crore. While the loss of the company has been reduced by 63 per cent to Rs 17, 231 crores.
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Freshworks also ready for the second phase
Software Freshworks raised $ 150 million in November last year, after which the company’s valuation tripled to $ 3.5 billion. According to the media report, in 2021, the company is preparing to launch its last round of IPO in the US Yuchakank Nasdaq. The company was supposed to bring this IPO earlier but had to postpone it due to the Coronavirus. Girish Mathrubootam, CEO of the company at Media Report in June, said that we are actively focusing on building business, developing in new markets and strengthening our position in existing markets.
PolicyBazaar
Insurance aggregator PolicyBazaar is another startup preparing to launch its IPO. Group CEO Yashish Dahiya told a foreign media in June that he was planning to be listed in the next Indian stock market. Now the law has changed. Now the company can bring IPO in the foreign market in addition to the domestic market. PolicyBazaar wants to bring an IPO of $ 3.5 billion. Which is double the company’s $ 1.5 billion valuations in July? Let me tell you that the existing investor SoftBank invested $ 130 million for primary and secondary shares.
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Zomato will also give a chance to earn
Food delivery firm Zomato has also come as a surprise element in this list. Recently, the company’s CEO and Founder Deepinder Goyal told employees in an email that it plans to launch an IPO in the first half of 2021. For this, the company’s financial and legal team is working fast. The email said that the business of the company is continuously increasing, the valuation of the company has also increased. Zomato’s revenue doubled to $ 394 million in FY 2020, Goyal said. While the deficit increased by about 5 percent to $ 294 million.
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NYKAA will also bring IPO
Online beauty and cosmetics product retailer NYKAA is preparing to launch an IPO in a few years. The company’s revenue doubled to Rs 1,159 crore in 2019 and it had a profit of Rs 2 crore. The company suffered a few months of losses due to the coronavirus, but the company’s CEO Falguni Nair had said in a media report in June that the company’s business would hit 75% of the pre-COVID period in the month of July. In the report, he also spoke about the plan to launch an IPO in the next two years. NYKAA has become the country’s unicorn company this year with a valuation of $ 1.2 billion in April.
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Logistics firm Delhivery will also come in the market
E-commerce logistics firm Delhivery had talked of launching an IPO in 2018, but the company received money from SoftBank Vision Fund. The company then also raised funds from the Canadian pension fund CPPIB and the company is valued at $ 1.5 billion. On September 16, Chief Business Officer Sandeep Barrasia told media reports that the company is now planning an IPO in the next 12-18 months. At the same time, the company can also plan to be listed abroad. For FY19, the company’s revenue grew 58 per cent to Rs 1,694 crore, while the loss was up 160 per cent to Rs 1,781.
Source: www.patrika.com
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