Upcoming IPOs in 2022: The stock market will remain busy this year, experts predict, with more and more companies rushing to have their IPOs or IPOs happen in the coming months. According to reports, experts have even suggested it could surpass the levels of previous years with the first share sale of the Life Insurance Corporation of India, touted as India’s largest IPO to date. So far, as many as 38 IPOs are awaiting a nod from the Securities and Exchange Board of India and 36 companies are under the supervision of the market regulator.
Emcure Pharmaceuticals, ESDS Software Solutions, AGS Transact Technologies, Tracxn Technologies, Adani Wilmar, ESAF Small Finance Bank, Go Airlines, Arohan Financial Services, Paradeep Phosphates, One MobiKwik Systems and Skanray Technologies are expected to make their public offering in the first quarter of CY22, according to experts quoted by moneycontrol.com. These companies alone are expected to fetch as much as Rs 45,000 crore, which will result in strong economic activity and therefore boost overall market sentiment.
Here are the five Initial Public Offerings (IPOs) to look out for in 2022 if you’re looking to buy stocks this new year:
IPO IPO: This will probably be the most hyped public offer of the year. According to the government, the LIC IPO will hit the exchanges in the January-March quarter of FY2021-22. The Life Insurance Corporation, the largest insurer in India, is one of the key areas for the government to meet its divestment target. The government is targeting a valuation between Rs 8 trillion (USD 109 billion) and Rs 10 trillion for the LIC IPO, according to reports. According to media reports, the government will reserve 10 percent of the issue size for the policyholder. The government had previously rejected claims of a delay in the process of bringing forward the public offer, saying it will happen in the fourth quarter of this fiscal year.
Adani Wilmar IPO: The joint public offering to be launched by the Adani Group and the Wilmar Group is set to raise Rs 4,500 crore through the primary market. The FMCG food group’s IPO is a brand new release, the proceeds of which will be used to fund capital expenditures for the expansion of existing manufacturing facilities, development of new manufacturing facilities, loan repayment/prepayment; financing strategic acquisitions and investments; and general corporate purposes. Adani Wilmar is one of the largest FMCG food companies in India and should definitely be on the list of investors to invest in 2022. It will be the seventh Adani company to list on the stock exchanges in India.
IPO IPO: Hospitality Major Oyo Limited has filed its papers to do an IPO with the Sebi, which are still pending with the market regulator. Oravel Stays, which goes by the market name Oyo, will also be in the spotlight this year below those on Dalal Street. If approved by Sebi, Oyo IPO plans to raise Rs 8,430 crore by selling its shares and will join top companies such as Paytm, Nykaa and Policybazaar in the stock market.
Delhivery IPO: Delhivery service company Delhivery has submitted its draft documents to Sebi for its initial bid of Rs 7,460 crore. The Delhivery IPO is expected to launch itself this year, once it has received approval. The company will raise Rs 5,000 crore through a new issue while the rest of the part will be put up for sale.
IPO of SBI Mutual Funds: The State Bank of India is all set to sell the stake of its mutual fund wing through a public offering expected next year. According to reports, the company is ready to raise $1 billion through the IPO. “
“The Executive Committee of the Bank’s Central Governing Council has approved the exploration of options to transfer the Bank’s 6 percent interest in SBI Funds Management Private Limited through the IPO route, subject to receipt of all regulatory approvals,” the lender said in a regulatory filing earlier.
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