Most Anticipated IPOs of 2022
2021 saw several start-ups and companies list on the stock exchange. While some were massively successful, some were duds, however the excitement surrounding them all was palpable. The year 2022 is also enroute witnessing several exciting IPOs. For the Indian Capital Market, these companies’ IPOs are likely to be a game-changer.
Here is a list of some of the most expected IPOs that will bring a huge capital flow to the Indian Stock market.
BYJU’s:
With major holdings like WhiteHat Jr, Akash Coachings, Great Learnings and various others, Byju’s is one of the most anticipated startups of India and is likely to go public in 2022. Byju’s, India’s most valued startup and edtech platform is in the advanced stages of a traditional IPO file and was also exploring a SPAC merger, according to a Bloomberg News article from September. It is in advanced talks to go public by merging with one of Churchill Capital’s special-purpose acquisition businesses, according to persons familiar with the situation.
Delhivery:
In the logistics sector, Delhivery is India’s biggest startup. For its IPO, the company has filed its draught red herring prospectus (DRHP) with the SEBI. The IPO’s issue amount is INR 7, 460 crores, according to the reports. 5,000 crores will be the primary issuance for the IPO. To sell the company, existing investors will make an INR 2,460 crore bid. Carlyle, Times Internet, China Momentum Fund and SoftBank are among the major stockholders selling in the IPO.
OYO:
As it offers easy hotel book and stays, Oravel Stays Ltd, the parent company of OYO, swiftly became the hot spot for Indian tourists. The company has been focused on reshaping the short-stay accommodation space and has developed a unique two-sided technology platform aimed at comprehensively addressing key pain points for both its Patrons on the supply chain and its customers on the demand side, since its inception in 2012. From more than 35 nations, currently, the company’s platform has 157,344 stores. The company’s employees, ex-staff bought around 3 crore shares of the company in recent development.
PharmEasy:
Serving in major cities of India, PharmEasy is a pharmaceutical platform startup. The parent company of PharmEasy, API Holding, has filed a DRHP for an IPO with the SEBI and therefore PharmEasy is also likely to be public. Through a new share offering, the business wants to raise INR 6,250 crore. The capital would be used to support organic growth initiatives totalling INR 1,259 crore, strategic initiatives totalling INR 1,500 crore, to retire or settle an existing debt of INR 1,929 crore and to seek inorganic expansions through acquisitions.
SnapDeal:
Backed by SoftBank Group Corp., Snapdeal Ltd, is an Indian e-commerce startup. Joining a rush of various other digital firms seeking to list on the stock exchanges amid a record-breaking stock market boom, the company has filed preliminary paperwork with SEBI for an IPO. The company wants to generate INR 1,250 crore through the issuance of new shares, according to the company’s DRHP files with SEBI. On the stock market this year, it is one of the most anticipated IPOs that is going to make its debut.
Mobikwik:
One of India’s top mobile wallets and BNPL players is planning to go public this year. Mobikwik has already received authorization From the Securities and Exchange Board of India (SEBI), to go public in November. However, the firm has opted to wait due to unfavourable market conditions. A business must go public within the next 12 months, after gaining SEBI’s clearance.
OLA:
Founded in 2010, this startup turned unicorn is going to debut on the stock market this year. The company proceeded on a growth rampage, launching new verticals, following pandemic revenue losses and lockdowns. The company became the most anticipated IPO bound company in India upon launching two e-scooters in the Indian market.
LIC:
The IPO of Life Insurance Corporation of India (LIC) would be completed by the end of the current fiscal year. Bringing in roughly INR 1 lakh crore for the government, the IPO is likely to be India’s largest. The government has taken several legislative and executive actions to prepare for the big IPO, following the release of the Union Budget for FY22. India’s largest life insurer which is completely controlled by the government, LIC is a statutory corporation established under the LIC Act 1956.
NSE:
The country’s largest stock market, The National Stock Exchange (NSE) is expected to go public and is worth more than INR 2 lakh crore. The NSE hopes to raise INR 10,000 crore through the share sale. IDBI Bank, Tiger Global, Goldman Sachs, SBI, LIC, ICFI, Stock Holding Corporation and Citigroup are the company’s major shareholders.
Adani Wilmar:
The FMCG food firm offers a wide range of industrial needs and culinary commodities, for Indian customers, such as wheat flour, edible oil, rice, sugar, castor oil, oleochemicals, pulses and de-oiled cakes. Adani Wilmar's IPO date is yet to be declared after the request was accepted. The IPO price range aims to raise to INR 4,500.00 crore, with its maiden offering. With a face value of INR 1 per equity share, the issue price for the equity shares has yet to be determined.
Therefore, this year is likely to witness an IPO boom from the startups.
Here is a list of some of the most expected IPOs that will bring a huge capital flow to the Indian Stock market.
BYJU’s:
With major holdings like WhiteHat Jr, Akash Coachings, Great Learnings and various others, Byju’s is one of the most anticipated startups of India and is likely to go public in 2022. Byju’s, India’s most valued startup and edtech platform is in the advanced stages of a traditional IPO file and was also exploring a SPAC merger, according to a Bloomberg News article from September. It is in advanced talks to go public by merging with one of Churchill Capital’s special-purpose acquisition businesses, according to persons familiar with the situation.
Delhivery:
In the logistics sector, Delhivery is India’s biggest startup. For its IPO, the company has filed its draught red herring prospectus (DRHP) with the SEBI. The IPO’s issue amount is INR 7, 460 crores, according to the reports. 5,000 crores will be the primary issuance for the IPO. To sell the company, existing investors will make an INR 2,460 crore bid. Carlyle, Times Internet, China Momentum Fund and SoftBank are among the major stockholders selling in the IPO.
OYO:
As it offers easy hotel book and stays, Oravel Stays Ltd, the parent company of OYO, swiftly became the hot spot for Indian tourists. The company has been focused on reshaping the short-stay accommodation space and has developed a unique two-sided technology platform aimed at comprehensively addressing key pain points for both its Patrons on the supply chain and its customers on the demand side, since its inception in 2012. From more than 35 nations, currently, the company’s platform has 157,344 stores. The company’s employees, ex-staff bought around 3 crore shares of the company in recent development.
PharmEasy:
Serving in major cities of India, PharmEasy is a pharmaceutical platform startup. The parent company of PharmEasy, API Holding, has filed a DRHP for an IPO with the SEBI and therefore PharmEasy is also likely to be public. Through a new share offering, the business wants to raise INR 6,250 crore. The capital would be used to support organic growth initiatives totalling INR 1,259 crore, strategic initiatives totalling INR 1,500 crore, to retire or settle an existing debt of INR 1,929 crore and to seek inorganic expansions through acquisitions.
SnapDeal:
Backed by SoftBank Group Corp., Snapdeal Ltd, is an Indian e-commerce startup. Joining a rush of various other digital firms seeking to list on the stock exchanges amid a record-breaking stock market boom, the company has filed preliminary paperwork with SEBI for an IPO. The company wants to generate INR 1,250 crore through the issuance of new shares, according to the company’s DRHP files with SEBI. On the stock market this year, it is one of the most anticipated IPOs that is going to make its debut.
Mobikwik:
One of India’s top mobile wallets and BNPL players is planning to go public this year. Mobikwik has already received authorization From the Securities and Exchange Board of India (SEBI), to go public in November. However, the firm has opted to wait due to unfavourable market conditions. A business must go public within the next 12 months, after gaining SEBI’s clearance.
OLA:
Founded in 2010, this startup turned unicorn is going to debut on the stock market this year. The company proceeded on a growth rampage, launching new verticals, following pandemic revenue losses and lockdowns. The company became the most anticipated IPO bound company in India upon launching two e-scooters in the Indian market.
LIC:
The IPO of Life Insurance Corporation of India (LIC) would be completed by the end of the current fiscal year. Bringing in roughly INR 1 lakh crore for the government, the IPO is likely to be India’s largest. The government has taken several legislative and executive actions to prepare for the big IPO, following the release of the Union Budget for FY22. India’s largest life insurer which is completely controlled by the government, LIC is a statutory corporation established under the LIC Act 1956.
NSE:
The country’s largest stock market, The National Stock Exchange (NSE) is expected to go public and is worth more than INR 2 lakh crore. The NSE hopes to raise INR 10,000 crore through the share sale. IDBI Bank, Tiger Global, Goldman Sachs, SBI, LIC, ICFI, Stock Holding Corporation and Citigroup are the company’s major shareholders.
Adani Wilmar:
The FMCG food firm offers a wide range of industrial needs and culinary commodities, for Indian customers, such as wheat flour, edible oil, rice, sugar, castor oil, oleochemicals, pulses and de-oiled cakes. Adani Wilmar's IPO date is yet to be declared after the request was accepted. The IPO price range aims to raise to INR 4,500.00 crore, with its maiden offering. With a face value of INR 1 per equity share, the issue price for the equity shares has yet to be determined.
Therefore, this year is likely to witness an IPO boom from the startups.