The list of Upcoming IPO this year just keeps on getting longer and this year looks pretty promising for investors. Without a doubt, IPOs are the perfect scenario for purchasing stocks that can serve you well in the longer run.
That being said, there are IPOs on the list that can earn you good returns even in the shorter term, thus ensuring that any and every investor with different goals, objectives are well catered to.
Here in this Upcoming IPO review, we have compiled some of the most popular, most awaited IPOs from some of the biggest names across various sectors to present traders with all the choices to suit their investment goals, strategy.
Upcoming IPO India
The recent trends have shown that more and more traders are turning their attention to IPOs in order to book reasonable returns in a short span of time.
This shift in investment mentality has a viable reason in the form that since there are no intermediaries involved, the investors can purchase stocks in the primary market paying less as compared to the secondary market.
Last year, despite the corona pandemic hitting the Indian economy hard, the last two quarters fared well. The market saw high liquidity and investors were in a mood to invest and were looking for investment avenues.
To cater to this demand, as many as 13 IPOs were on offer in the market since July.
While some of the IPOs – Chemcon, Mazagon Dock, Happiest Minds, Rossari Biotech, performed beyond expectations, there were some that fell short as well. So, before making a final decision, it is important to consider is IPO worth investing in.
While most companies saw their offerings handsomely subscribed to, however, there were some companies that decided to postpone the idea and pushed back the IPO launch dates to the end of 2021 or the beginning of 2022.
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On the other side, any company that is looking to raise capital from the stock market goes through a process of IPO filing a DRHP with SEBI. On the approval from the regulatory body, the company issues the IPO and gets listed in the exchange to carry out trade in the secondary market.
While the market conditions remain pretty much the same, and even the market trends suggest a positive trend, many companies are going to launch their IPOs this year with the hopes of repeating the grand success of last year.
Here in this review, we take a look at some of the Upcoming IPO and all the corresponding details such as the IPO launch dates, capital to be raised, etc so that you can decide on whether or not to go ahead with any of them.
You can search for specific stocks, months, and status of the different Upcoming IPO to be listed on the stock market.
Furthermore, the IPOs that have been filed or the ones that are going to be filed in the near future have been reviewed by our research team.
As shown above, you can observe that these Upcoming IPO come from different industries and sectors including:
- Oil and Gas
You can look and check the Upcoming IPO review to check out its complete details.
Thus, before you make up your mind about whether to go ahead with a specific stock or not, it makes sense to understand the performance of the industry in the recent past, the performance of peer IPOs, and so on.
At the same time, it needs to be understood that most of the sectors listed above have seen reasonable growth but still, it is better to perform first-hand analysis on your own.
As already discussed, the Upcoming IPO list for 2021 is growing lengthy day by day. Many big and small firms are coming up with their proposal to issue the initial public offerings.
Some of them want to clear their debts, while many companies want to raise funds with the objective of growing their business.
Well, the final decision should depend upon your analysis. It is good to check the company’s growth, history, and future plans before investing.
Here is the review of some of the top upcoming IPO. Consider the details before planning investment.
After checking the list of the upcoming IPO 2021, now let’s have a quick glance at the detail of the company and the fund companies want to raise with their offerings.
No doubt, not only small companies but the big organizations like LIC IPO, Kalyan Jewelers are coming up with their IPO offerings thus bringing in opportunities for beginner investors to start their investment journey.
But it is highly recommended for investors, to do the proper analysis of the company and its future prospects before investing their hard-earned money in the upcoming ipo.
So without wasting much time, let’s dive into the review of the top IPOs of 2021
The first in the upcoming IPO list is IRFC or Indian Railway Finance Corporation. It is the finance arm of Indian Railways which helps to raise financial resources for expansion and running through capital markets and other borrowings.
Since the entity is a government backend, there is a direct trust factor added. More information on the IPO to follow.
Indigo Paints is one of the most recognized names in the decorative paint industry in the country offering painting solutions.
The paint maker established in 2000 looks to continue its steady rise upwards with an IPO offering worth Rs 1000 cr.
Reportedly, Indigo Paints has plans to aggregate Rs 300 Cr through an Offer For Sale of 58,40,000 equity shares. The amount from the IPO will be used for expansion purposes.
Home First Finance Company is a mortgage financing company operating in the affordable housing segment.
Incorporated in 2010, the housing finance company enjoys the backing of private equity funds – Warburg Pincus (WP), True North, GIC, Bessemer Venture Partners, etc.
The company seeks to raise Rs 1500 crore by going the initial public offering route to funding its expansion plans.
Stove Kraft Ltd. is the largest cooking appliances, kitchenware manufacturing company in the country and serves to foreign markets in the Middle East and African countries.
The cookware company established in 1994, is the parent of popular brands in the kitchenware industry – Pigeon and Gilma.
The company’s plan to float IPO had received approval from SEBI in January 2019 but things failed to materialize.
This is Stovekraft Ltd second attempt to sell 890,906 equity shares aggregating an amount of Rs 500 Cr.
Brookfield India REIT is an asset management company that coming up with an IPO of ₹3,800 crores with an objective of repayment of loans and for general corporate purposes.
The IPO is going to launch on February 3 with a price band of Rs 274-275 per share.
The company has a portfolio of $17 billion across different sectors including real estate, infrastructure, renewable power, and private equity firms in India. Know whether it is worth investing in and plan your investment accordingly.
Nureca Limited is a healthcare and wellness products distributor company incorporated in 2016.
Offering the best quality, durable and innovative tools to its customer it brings a change and improvement in the lifestyle of people.
With the diversified product portfolio, experienced promoter, and strong online distribution network the company has high competitive strength.
To expand in size it is coming up with an IPO of 100 Cr on February 15, 2021.
RailTel Corporation of India Ltd is a PSU (Public Sector Undertaking) that is aiming at ensuring broadband as well as VPN services to Indian customers.
Established in 2000, the telecom company is categorized as a “Miniratna” of India. The company stands responsible for implementing the “Google Station” Wi-Fi and WiMax projects in the country.
RailTel with its Rs 700 Cr IPO is all set to sell off 8.66 crore shares to the public.
Another IPO on the list is Heranba IPO.
Heranba Industries limited is a chemical manufacturing company based in Gujarat. Incorporated in 1992, the company is involved in the manufacturing of synthetic pyrethroids like deltamethrin, lambda-cyhalothrin, etc.
The company has a competitive strength in term s of the range of products, strong network distribution, large customer base, etc, and is now coming up with the IPO of ₹625.24 Cr.
The issue date is February 23, 2021, and the price band is ₹626-627.
Know about the company’s fundamentals before planning to invest in its IPO.
MTAR Technologies, a precision engineering solutions company is the manufacturing company involved in the manufacturing of mission-critical precision components with close tolerance.
With an objective to clear its debt, the company is coming up with an IPO in the month of March.
The company has a major client base of the top government organizations like ISRO, Rafael, Bloom Energy, DRDO, etc.
Do this client base and the company background make the MTAR Technologies IPO worth investing in?
Grab a complete detail on the issue size, price, and other details before planning ahead.
Easy Trip Planner is a public company incorporated on June 04, 2008. It is the third-largest online travel company offering a range of services and end-to-end travel solutions to its customer for years.
To meet the growing demand the company is coming with the growth objective by bringing up its IPO, in the month of March.
The issue size is approximately ₹510 Cr with a fresh issue of ₹255 crores and an Offer for sale of ₹255 Cr.
Want to apply for Easy Trip Planners IPO, make sure you do a proper analysis of the company’s financial data before planning an investment.
Anupam Rasayan, a specialty chemical company is going to launch an IPO of ₹760 crores on March 12, 2021.
It is a completely fresh issue that is raised with an objective to utilize the fund for debt repayment.
The price band of the IPO is ₹553-₹555 per share. Now thinking of whether to apply for Anupam Rasayan IPO or not, it is good to check the company’s background the fundamentals that eventually helps in making an investment decision.
Another book built issue IPO, Craftsman IPO is going to open on March 15, 2021. The issue size of the Initial Public Offering is ₹823.70 Crores with a face value of ₹5.
The price band of the IPO is ₹1488-₹1490 per equity share.
Now for those who are thinking to apply for Craftsman Automation IPO, then here is the company detail in brief.
The company is an engineering-based company that is vertically-integrated with manufacturing capabilities of Powertrain products, Aluminium products, and other products for industrial usage.
Over the passage of time, the company has not shown good growth in its asset and revenue generation. However, seeing the debt, it has recorded a long-term debt of around 668.28 Crores.
It is therefore suggested to the investors to be careful and do proper analysis before making an investment plan.
Laxmi Organics Industries Limited a leading manufacturer of acetyl intermediates and specialty intermediates with three decades of experience.
Being the largest producer and exporter of ethyl acetate in India and other countries including the European nation, the company is coming up with the IPO of ₹600 on March 15, 2021.
The company is launching an IPO with an objective to invest in its subsidiary, Yellow Stone Fine Chemicals Limited, and to use funds in buying machinery, etc. The company has also shown good growth over the years and hence can be considered to subscribe.
As the name suggests, Kalyan Jewellers foray into the business of jewellery although the group has a history of textile retailing and wholesaling for over 100 years (as per their claims).
Kalyan group moved into the field of jewellery as recently as 1993.
The business plans to launch an IPO worth ₹2,500 Crore to ₹3,000 Crore. More details to follow soon.
Nazara Technologies IPO is opening on March 17 with the price band of ₹1,100-₹1,101.
The total size of the Initial Public Offering is 52,94,392 equity shares that aggregates to ₹582 Crores.
The company is a leading gaming and sports media platform with its presence in India and other global countries including Africa and North America.
Looking at the lead managers of the issue, they are ICICI Securities, IIFL Securities, Jefferies India, and Nomura Financial Advisory and Securities India.
Want to apply for the Nazara Technologies IPO then it is good to look at the company’s background and other fundamentals of the company.
Suryoday Small Finance Bank Ltd operating in states of the country including Maharashtra, Madhya Pradesh, Gujarat, Tamil Nadu, etc., reportedly saw an increase of 23 percent in net profit in the Financial Year 2020.
Having filed for DRHP last October, Suryoday Small Finance Bank Ltd looks to sell as much as 2 Lakh equity shares through the IPO.
This can be a huge opportunity for investors to bulk up their portfolio, and this 400 Cr IPO is surely one not to be missed.
Apeejay Surrendra Park Hotels IPO Review
Another IPO is going to be launched by the Park Hotel Chain, Apeejay Surrendra Park Hotel in the month of March 2021.
The IPO of the issue size of ₹1000 Cr is going to be issued with an objective of repayment and prepayment of borrowing and to meet the general corporate demands.
Being in the hospitality sector, there could be few risks associated with the Apeejay Surrendra Park Hotel IPO investment, due to covid impact. It is therefore good to look for the fundamentals of the company before investing.
Bajaj Energy IPO Review
Another Upcoming IPO on the list is Bajaj Energy IPO.
Bajaj Energy is one of the biggest private thermal energy producers in India.
The UP-based power generation company has an aggregate installed capacity of 2,430 MW to power Bajaj Energy Limited (BEL) and Lalitpur Power Generation Company Limited (LPGCL) power plants.
The company seeks to utilize the funds from the IPO to buy equity shares from Bajaj Power Ventures and Bajaj Hindustan Sugar.
With over 138 outlets across the vast expanse of the country, Barbeque Nation is without doubt one of India’s biggest as well as well-known casual dining restaurant chains.
The 1200 Cr IPO filed by the company consists of a fresh issue of shares worth Rs 275 crore and the rest to be aggregated from Offer For Sale of 98,22,947 equity shares.
With that amount of equity shares on offer, Barbeque Nation IPO is a good enough opportunity for first-time investors.
Sona Comstar IPO Review
Sona Comstar is one of India’s largest automotive parts manufacturers. The company was established in 1995 and recently added another milestone to its long list of achievements.
The auto part maker is a leader in the industry and their manufacturing units are set up across India, China, Mexico, Canada, and the US.
Sona Comstar is looking at the prospect of filing a DRHP with SEBI as early as February 2021. The company will go public through its IPO to raise around Rs 3500 crore to Rs 4000 crore.
Willing to invest in the IPO 2021, apply now by opening a demat account for free. Just fill the basic details in the form below:
IPO Issue Size
The first thing that you need to know about the Upcoming IPO is their issue size.
It is the amount that comes after multiplying the number of shares issued by any company by the issue price of the shares.
In other words, it is the total Offer for sale and Fresh issue.
Just have a look at the table presenting the Issue Size of the Upcoming IPO.
IPO Price Band
Price Band is the lower and upper limit of shares price within which a company issues shares to the investors so that they can place bids on shares.
For instance, let’s say company XYZ is going to go public and it decides to set a price band on its shares of ₹50 to ₹55, this means the buyers must bid at least ₹50 per share for the first issue of shares.
Check out the price band of the Upcoming IPO 2021 in the table below.
In this section, we will cover the Upcoming IPO Calendar along with their opening date/releasing dates and closing dates given by SEBI.
They are tabulated to make it easier.
For this, you will need some documents listed below:
- PAN Card
- Adhar Card
- Bank Account Number
Once you have opened your account, they will offer you login credentials with the help of which you can use any of their trading platforms to apply for an IPO.
There you will find an option to apply. Click on the apply button, you will go to the page of payment. Mainly, stockbrokers provide two payment methods; ASBA and UPI.
You can make payment using any of these options.
Apply for the IPO by clicking on the link given in the table below:
Make sure you have Demat account details before applying. Not having a Demat account yet? Do not fret! Open it now by filling in the basic details in the form below:
IPO GMP is basically used by investors to check the estimated price of the IPO that is going to list in the exchange. Although Grey Market is unofficial but it gives an idea to investors about the gains they can make out of a particular Initial Public Offerings.
It is all based on the assumed numbers and is not to be considered a reliable source of information to guess the listing price.
In general, one must look for the HNI and QIB subscription to estimate the IPO listing price. The higher the number higher is the demand hence more is the expected listing price.
Check out the GMP details of the upcoming IPO in the table below:
With all the information above, we hope that you have got to know about the names of IPOs that are likely to be offered by various companies in India.
Before investing in any IPOs, make sure you will have an in-depth look at their financial statements and analyze them in detail. It would help you to understand the company properly.
As the IPOs launched by the companies having strong fundamentals can give you a great chance to earn good returns.
Apart from the above details, also check the number of users and overall rating of IPOs. You can also check the charts of IPOs that depict their total income, profit before tax, total assets according to DRHP.
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