Upcoming Ipo in India 2021

 Upcoming IPOs in India 2021

At least 15 companies went public in 2020 and more than Rs 25,000 crores were raised from the IPOs. Some IPOs like Happiest Minds, Chemcon Specialty, Mazagon Dock Shipbuilders, Burger King and Mrs Bectors’ were subscribed more than 149 times.

Mrs Bectors’ signed off the year by being the highest subscribed IPO, 198 times.

At least 30 companies are expected to launch their IPOs this here

IPOs Listed in 2021

Upcoming IPOs in 2021

While we do not have a definitive list of IPOs for the year 2021, some reports suggest that around 30 companies are planning to raise more than Rs 30,000 crores from the markets.

Here are few companies that are expected to go public, or in other words, are expected to launch their IPOs in 2021. Most of these IPOs were to be launched in December 2020, but for reasons unknown have been postponed.

IPO Tentative Issue Size (in Rs Crores)

Nureca 100 Feb 15-17

LIC 70,000 2021-22

Nykaa — 2021-22

RailTel 700 Feb 16-18

Kalyan Jewellers 1,750 January to March, 2021

Bajaj Energy 5,450 2021

Studds Accessories 450 February 2021

Suryoday Small Finance Bank 400 2021

Laxmi Organic Industries 800 —

Craftsman Automation 150 + —

Barbecue Nation 1,000-1,200 2021

Apeejay Surrendra Park Hotels 1,000 2021

Shyam Steel 500 2021

Annai Infra Developers 200-250 2021

*Both, the issue size and date, is tentative and might vary once the issue goes live in the markets.

LIC

Finance Minister Nirmala Sitharaman announced in Union Budget 2021 that the Life Insurance Corporation of India’s (LIC) IPO will be completed in 2021.

Issue size: Around Rs 70,000-80,000 crores.

It has also been said that 10% of the issue size will be reserved for policy holders.

Nykaa

Nykaa is looking at a stock exchange listing by the end of 2021 or early 2022 at a valuation of $3 billion. Recently Nykaa raised an undisclosed amount which valued the company at $1.8 billion approximately.

Kalyan Jewellers

Kalyan Jewellers, a jewellery brand based out of Kerala, is planning to raise around Rs 1,750 crores through its IPO.  It was earlier expected to launch its IPO in December 2020.

The IPO may consist of a fresh issue of Rs 1,000 crores and the rest would be an offer for sale.

Bajaj Energy

The IPO size of the company is expected to be around Rs 5,450 crores, of which Rs 5,150 crores will be a fresh issue.

The company has said that it is looking to acquire Lalitpur Power’s 1,980 MW from the proceeds of the IPO. 

The company is one of the largest private thermal generation companies.

Suryoday Small Finance Bank

Suryoday Small Finance Bank is planning to launch an IPO of 2 crore equity shares which comprises a fresh issue of 1.6 crore shares and the rest is offer-for-sale.

The approximate IPO size is Rs 400 crores. 

Laxmi Organic Industries

The IPO size is worth Rs 800 crores approximately, of which the fresh issue is worth Rs 500 crores and the rest is offer-for-sale.

Laxmi Organic is a specialty chemicals company.

It’s peers Rossari Biotech and Chemcon Specialty were subscribed 80 and 149 times respectively and listed in 2020.

Craftsman Automation

The IPO will have a fresh issue of Rs 150 crores and an offer for sale of 45.21 lakh shares.

The IPO proceeds may be used for clearing some of the debt and general corporate purposes.

The company manufactures auto components.

Barbecue Nation Hospitality

Barbecue Nation, which operates a chain of restaurants across many cities.

Of the total issue size of Rs 1,000-1,200 crores, around Rs 275 crores will be a fresh issue.

The IPO proceeds may be used for outstanding borrowings and corporate purposes.

The company operates more than 130 outlets in India.

Apeejay Surrendra Park Hotels

The hotel chain may raise up to Rs 1,000 crores in its IPO.

The IPO may comprise a fresh issue of up to Rs 400 crores and an offer-for-sale (OFS) of up to Rs 600 crores.

Shyam Steel

The IPO size will be around Rs 500 crores, which will be a combination of an offer for sale and fresh issue. 

The company is based out of Kolkata.

Annai Infra Developers

The IPO size is expected to be around Rs 200-250 crores.

The company is an engineering, procurement and construction firm in the water management and irrigation segment specifically.

SAMHI Hotels

The IPO size is around Rs 1,800-2000 crores.

This comprises a fresh issue of Rs 1,100 crores.

The company may be using the proceeds to pay off the indebtedness and for general corporate purposes.

A few prominent hotels it is managing are Courtyard by Marriot in Bengaluru, few branches of Fairfield by Marriot in Bengaluru, Four Points by Sheraton Visakhapatnam among others.

Studds Accessories

The company is a manufacturer of helmets, motorcycle accessories and riding gears. Studds had begun its operations in 1973. 

The company’s managing director had said in an interview in August 2020 that the company has an approximate market share of around 30%, which it aims to scale to 40% in the next three years.