With the recent news about several new upcoming IPOs, the investors are joyous and excited about the new investment opportunities. Also, as an investor, you might also hit a jackpot by knowing where and how much to invest in these upcoming IPOs. For those who are investing for the first time, a complete understanding of the company is vital along with knowing the company’s latest updates.
Below you will find a few details that will definitely help you in making the right decision.
1. Nykaa:
Founded in: 2012
Tentative Issue Size (In Rs Crores): 525 + Offer for Sale
Tentative Date: 2021-22
The e-commerce beauty start-up will soon list their shares on leading stock exchanges NSE and BSE. The company is the first unicorn start-up that was valued at Rs85 billion in 2020. It is the first beauty and wellness company in India to list its IPO. The IPO for Nykaa was subscribed more than 82 times at the final day of bidding.
2. LIC:
Founded in: 1956
Tentative Issue Size: 70,000
Tentative Date: 2021-22
The most awaited upcoming IPO of India is LIC where 10% of shares have already been proposed to be allotted to existing LIC holders. It has a wide range of portfolio including LIC Housing Finance, LIC Mutual Fund, LIC Pension Fund, LIC Cards Services, and many more. According to the 2019-20 annual report of LIC, it has a market share of around 69% in the life insurance space. On the other hand, it faces tough competition from many other private insurance companies offering better products and services.
3. GoAir:
Founded in: 2005
Tentative Issue Size: 3,600
Tentative Date: 2021
The Indian Airline company, re-branded as ‘Go First’, has listed its IPO and plans to raise up to Rs1500 crore through pre-IPO placement. It is one of the fastest-growing airline company in India and is planning to increase its ancillary revenues from 7% – 20%. Along with this, GoAir will add 10 more Airbus Neo aircrafts to its fleet by 2024.
4. Emcure Pharmaceuticals:
Founded in: 1983
Tentative Issue Size: 4500
Tentative Date: 2021
Emcure Pharmaceuticals is the 12th largest pharmaceutical company in India. According to CRISIL, the company is the leader in gynaecology, blood-related, and HIV antivirals therapeutic areas. It has a wide range of portfolio including orals, injectables, biologics, and an mRNS platform.
5. Ola:
Founded in: 2010
Tentative Issue Size: 7300
Tentative Date: 2022 One of the best cab service providers of India will soon be listing its IPO in the market. This might help the company achieve a valuation at the tune of $12-14 billion. Many investment banks including Morgan Stanley, Goldman Sachs, Kotak Mahindra Capital, Citigroup, and JP Morgan will be working with the company to manage the public offering. Recently, Ola had also announced the expansion of its employee stock options (ESOP) pool to Rs3000 crore and an additional Rs400 crore worth of stocks to its employees.
Also read: Top 12 Upcoming IPO In 2021 That You Should Follow Right Now!
