IPO stands for “Initial Public Offering”. It is a process in which a private company decides that it wants to go public and hence can sell its stocks to the general public. By going public these private companies can raise fresh capital and hence more profits.
Below is the list of the top 8 upcoming IPO’s in
India in the year 2021, have a quick read.
1. 1. LIC – Life Insurance Corporation
The Life Insurance Corporation of
India was formed on September 01, 1956. This institution was created with the
sole purpose of spreading awareness of life insurance in post-independent
India. It provides life insurance cover to every citizen at a very affordable
cost.
The company offers many insurance
plans such as endowment plans, Whole life plans, and many others. The government
of India has a fair amount of holding in LIC and it has decided recently to
reduce its holding by launching LIC IPO.
Expected Listing Date: In the
third or fourth quarters of FY 2021-22.
Expected Size (money) of IPO:
Rs. 70,000 crores to Rs. 1 lakh crores
Also Read: How to Choose the Best Life Insurance policy : 9 Factors to consider
2. 2. Kalyan Jewelers
Kalyan jewelers are one of the
leading manufacturers, designers, and sellers of gold and diamond jewelry in
India. It was founded by T. S. Kalyanaraman in Thrissur, Kerala. The company
has 45 years of industry experience and brand presence in India and abroad. The
company earned a staggering revenue of Rs. 101,009 million. As of June 2020, it
has 107 showrooms across India and 30 showrooms in the Middle East.
Expected Listing Date: Sometime
in December 2021
Expected Size (money) of IPO:
roughly Rs. 1,000 crores
3. 3. Barbeque Nation Hospitality
Barbeque nation was founded in
2006 and currently, it owns more than 130 outlets in India and a few abroad
outlets as well. This outlet offers an ‘all you can eat’ buffet concept of ‘on
the table barbeque’ for both vegetarian and non-vegetarian enthusiasts. This
company has created a strong brand image for itself in India and by following
its revenue reports it appears that it will continue growing. It is voted among
the top ten employers within the Indian retail industry for 2019 by Great
Places to Work and many more awards.
Expected Listing Date: yet to
be announced
Expected Size (money) of IPO:
Rs. 1,000 – 1,200 crores
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4. 4. Bajaj Energy
Bajaj energy is one of India’s
largest private-sector thermal energy generation companies which was founded on
August 1, 1988, under the provisions of the Companies Act, 1956. Bajaj energy
along with LPGCL have a total of five operational plants of capacity of 90 MW
each. The track record of the company is evident from its financial reports of
revenue and its assets.
Funding the working capital
requirements of the company and clearing its outstanding debts are the IPO
issue objectives of this company.
Expected Listing Date: First half
of 2021
Expected Size (money) of IPO: Rs. 5,450 crores
5. 5. Suryoday Small Finance Bank
Suryoday Micro Finance bank
endured a steady growth and customer satisfaction for a long term and has
secured a ‘Small Finance Bank’ license from the RBI and is now ‘Suryoday Small
Finance Bank’. It offers MFI loans, Vikas loans, Shopkeeper loans to new as
well as existing customers. It also offers digital banking and is mainly
focused on serving the underserved through innovative banking practices. After
a nod from SEBI, it is planning to launch an IPO with a fresh issue of 1.6
crores and the share prices are expected to be priced at Rs. 325 – 350.
Expected Listing Date: First
half of 2021
Expected Size (money) of IPO: Rs.
400 crores
6. 6. Lakshmi Organic Industry
Lakshmi Organic Industry is a
specialty chemical manufacturer, focused mainly on Acetyl Intermediates and Specialty
Intermediates. The company has performed very well since its inception three
decades ago. The company aims to establish itself as a leader in specialty
intermediates and to become the growth partner of choice to global Life
Sciences, Crop Sciences, and Pigments Companies.
Expected Listing Date: Yet to
be announced
Expected Size (money) of IPO: Rs.
800 crores
7. 7. Shyam Steel
Shyam Steel is one of the leading manufacturers
of TMT steel bars in India. With a recurring customer base and hefty sale
numbers, this company is on the sprint to growth. They also sell quality TMT
bars for large projects of government bodies such as PSUs, National Highway
Authority of India (NHAI), railways, and many more. The company has recently
got a go-ahead from SEBI for its IPO listing, although the dates haven’t been
announced yet. The company plans on investing in the IPO proceedings in
repayment of its outstanding debts and for general corporate purposes.
Expected Listing Date: To be
announced very soon
Expected Size (money) of IPO: Rs.
500 crores
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8. 8. Apeejay Surrendra Park Hotels
This hospitality business is a
collection of a chain of luxury five-star hotels across India belonging to
Apeejay Surrendra Group. They are headquartered in Kolkata where the first of
the hotels was built and currently have more than 20 hotels scattered across
some of the biggest cities in India. The company also operates a retail food
and beverages business segment under the brand ‘Flurys’. The company bagged a
net profit of 18.32 million as of 30th June 2019. This is a huge
franchise with strong marketing and growth capabilities. It plans to use its
IPO proceeds for repayment of outstanding debts and general corporate purposes.
Expected Listing Date: Yet to
be announced
Expected Size (money) of IPO: Rs. 1000 crores
The Bottom line
The above-mentioned list contains some of the hottest
upcoming IPO’s that investors need to target. Almost all of these companies
have filed their IPO application with SEBI and many of them have even got the
green light. The listing dates however are yet to be announced, so keep an eye
out for these companies.
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