As the new year begins to unravel itself, it is once again a time of guarded moves for old and new market investors. A number of unlisted companies would be trying to make a mark in the stock market.
As a retail investor, you may be able to enjoy discounted rates at which the IPOs are being offered. With the IPO in January 2022 Holding on to the shares or letting them go is a decision you would have to make as the IPO writes its growth story and based on how you want to shape your investment journey.
What’s in store for the IPO market of 2022. Only time will tell!
Upcoming IPO in January 2022
|Company Name||IPO size (Tentative)||Tentative IPO date|
|LIC||INR 70,000-1,00,000 Cr||To be announced|
|Ola||INR 15,000 Cr||To be announced|
|Keventer Agro Limited||INR 800 Cr||January 2022|
|Gemini Edibles & Fats India Ltd||To be announced||To be announced|
|Ruchi Soya Industries Ltd||INR 400 Cr||To be announced|
LIC is indeed the most trusted insurance company in the country today, and there is no doubt that the upcoming LIC IPO is much awaited. Expected to be launched in the final quarter of the financial year 2021-22, the government plans to accumulate around INR 1.75 crore from privatisation and the minority stake sale.
What’s happening with the LIC IPO?
The LIC IPO might hit the markets in January 2022. There is a lot of excitement that has been generated with the news of the proposed LIC IPO. The IPO’s dates have been shifting for quite a while now. The LIC IPO when launched would be the biggest IPO in the history of Indian stock markets so far.
Founded in 2010, Ola has empowered over 1.5 million entrepreneurs as drivers. The firm also ventured into food delivery and has more recently turned into the manufacturing of electric scooters. The ride-hailing company capitalised on the shift that at least the tier-1 cities of the country were taking in terms of commuting behaviour. Adding autos to the fleet and also bike taxis, the startup has shown promise in terms of its efforts.
What’s happening with the Ola IPO?
Ola had filed its DRHP with regulator SEBI in October 2021. Serving over 250 cities all over, OLA is the biggest mobility platform in India. The OLA IPO might hit the markets in the coming month. Through a mix of debt and equity, through OLA IPO, the company aims to raise over a billion dollars as it prepares to hit the IPO route soon. It is also reported that Ola is also getting its super app ready alongside its preparation for the IPO and its e-scooter launch.
Keventer Agro Limited IPO
With an annual turnover of close to INR 1000 crores, Kolkata based Keventer Agro Limited is a fast-moving consumer goods company that offers a widespread range of products to its customers. Having established itself as the largest FMCG in the eastern part of the country, the company is set to make its mark elsewhere with its dairy, packaged, frozen and fresh food items.
What’s happening with the Keventer Agro Limited IPO?
Backed by Mandala Capital, Keventer Agro Limited filed the DRHP (Draft Red Herring Prospectus) with Sebi for their IPO that consists of fresh equity shares estimated at INR 350 crores. The company plans to use the net proceeds from the IPO to pay its debt and also utilise about INR 110 crores for funding its capital disbursement requirements.
VLCC Health Care Ltd IPO
Founded in the year 1989, VLCC Health Care is now a prominent wellness and beauty services and products organisation. In the last three decades, the brand has established itself not only as a household name but also in the wellness industry. With customers spread in over 12 countries, VLCC has lived up to its motto of transforming lives.
What’s happening with the VLCC Health Care Ltd IPO?
The homegrown beauty and wellness company received a nod from the Sebi to float its IPO in the capital market. It is estimated that the company will bring out a fresh issue of 3oo crores, as per the DRHP. The funds raised through the IPO will be used to set up more VLCC clinics throughout India and the Gulf Cooperation Council region. It will also be used for the setting up of VLCC Institutes in India. The company already has operations in about 12 countries.
Gemini Edibles & Fats India Limited IPO
Engaged in the business of manufacture, distribution and branding of edible oils, Gemini Edibles & Fats India Limited has three port-based plants. The refineries run diligently to ensure products of high quality. Headed by Mr Pradeep Chowdhry, the company recorded a turnover of over INR 77,659 million in the fiscal year 2021.
What’s happening with the Gemini Edibles & Fats India IPO?
In order to raise INR 2,500 crores through an Initial Public Opening, a DRHP has been filed by Gemini Edibles & Fats India Limited IPO with the Securities Exchange Board of India. The brand is planning on using the net proceeds to enhance its brand visibility.
Ruchi Soya Industries Ltd IPO
Established in 1986, Ruchi Soya Industries Limited has now become one of the foremost names in the edible oil business. With 22 manufacturing units, the company has shown their presence across the length and breadth of the country. Ruchi Soya Industries Ltd ranks among the top FMCG players as one of the most prominent producers and marketers of healthy edible oils and soya foods.
What’s happening with the Ruchi Soya Industries Ltd IPO?
Owned by Baba Ramdev-led Patanjali Ayurveda, Ruchi Soya Industries Ltd has received the Sebi’s nod to enter the stock market. Though DRHP was filed by the company in June 2021, the equity shares and public issue is yet to be announced. The total issue size of INR 4,300 crore will be a mix of fresh issue as well as offer for sale (OFS).
Amid the IPO flurry as an investor, you would have to focus on companies that have been successful in generating capital through their public offers. Keep a lookout on this page to get all the latest updates about the upcoming IPOs in January 2022. However, make sure you go through the pros and cons of investing in any particular IPO, and weigh the risks and returns carefully before investing.