Need assistance?
Allow us to help you setup your account. Enter basic details only.
The coronavirus pandemic not only brought the entire world to a crashing halt but also made the GDP of the nation contract by 7.3%. It was way back in the year 2017 that IPO’s had generated funds close to 67,147 crores. Barbeque Nation launched its IPO in April 2021 and Zomato in June 2021. The huge success of Zomato IPO has not only cemented the trust of the investors in the IPO by giving them huge returns but also shown the way to many more IPOs.
42 IPOs have been announced till now in 2021. The revenue generated through Public Issue, which includes Follow-On Public offers along with Initial Public Offers was around Rs 70,000 crore. The cash inflow, on the other hand, via only IPOs was somewhere around Rs 58,000 crore!!
With such leaps, the market has bounced back and many more IPOs are coming to give a great closing to this fiscal year.
Let's take a look at the list of the upcoming IPOs in November 2021.
|
Company Name |
IPO Size (Approx.) |
Tentative Date |
|
|
|
|
|
Nykaa |
Rs 5,351.92 crores |
November 2021 |
|
Paytm |
Rs 16,600 crores |
November 2021 |
|
Adani Wilmar |
Rs 4,500 crores |
November 2021 |
|
Emcure Pharmaceuticals |
Rs 4,500 crores |
November 2021 |
|
CMS Infosystem |
Rs 2000 crores |
November 2021 |
|
Penna Cement |
Rs 1550 crores |
November 2021 |
|
Ixigo |
Rs 1600 crores |
November 2021 |
|
Shriram Properties |
Rs 800 crores |
November 2021 |
|
Star Health Insurance |
Rs 2000 crores |
November 2021 |
|
Jana Small Finance Bank |
Rs 2000 crores |
November 2021 |
|
Fincare Small Finance Bank |
Rs 1330 crores |
November 2021 |
|
Mobikwik |
Rs 1900 crores |
November 2021 |
|
Arohan Financials |
Rs 1800 crores |
November 2021 |
|
ESAF Small finance Bank Ltd |
Rs 998 crores |
November 2021 |
|
Shri Bajrang Power and Ispat |
Rs 700 crores |
November 2021 |
|
Studds Accessories Limited |
Rs 450 crores |
November 2021 |
|
RateGain Travel technologies |
Rs 1200 crores |
November 2021 |
|
Sterlite Power Transmission |
Rs 1250 crores |
November 2021 |
Nykaa
Nykaa is a leading beauty and personal care brand which was founded in the year 2012. The company owns brand names such as Nykaa Cosmetics, Nykaa Naturals, and Kay Beauty. It operates in the online mode through Apps, Websites, and Mobile sites and in the offline mode through 73 outlets across 38 cities nationwide.
Priced at Rs 1085 to 1125 per equity share, this IPO has a face value of Rs 1 per equity share and a market lot size of 12 shares. This IPO opens on 28th Oct ’21 and closes on 1st November.
The issue size of this company’s public offering is estimated to be somewhere around $500 million to $700 million and has a valuation of around $4.5 billion.
Paytm
Paytm is a financial company that specializes in digital payments, recharges, online payments, etc. This already was a trusted brand and the current pandemic has strengthened its utility in day-to-day life. The parent company that owns Paytm is One97 Communications. This company was founded in 2010 in Noida.
It has an initial public offering of 16,600 crores and is looking to raise 8,300 crores through a fresh issue and the rest from an offer for sale. The company hasn't fixed its band size or lot size nor has announced the opening date for the IPO.
Adani Wilmar
Adani Wilmar, known for its very popular brand of cooking oils ‘Fortune’, is a leading FMCG brand. With the issue size of 45 billion, the company will expand its manufacturing units and also fund important investments.
Emcure Pharmaceuticals
The IPO size of this leading pharmaceutical company, which is ranked at no 12, is 4500 crore which will comprise fresh shares up to Rs 1,100 crore and offer for sale by promoters and an existing investor of up to 18 million shares. The net proceeds from this public offering will be utilized towards the clearance of debt and also for general corporate purposes.
The issue type is book building and it has a face value of 10 per share. The lot size has not been announced as yet by the company.
CMS Infosystem
CMS Infosystems is a cash management company and its DRHP has been filed at a public offering of Rs 2000 crore. Founded in the year 2009, this company acquired Securitrans India, thus becoming the leading cash management and finance company in India.
Penna Cement
Penna Cement is a Hyderabad-based company and has 4 manufacturing facilities and 2 grinding units in Maharashtra, Andhra Pradesh, and Telangana. The net profit of this company in the financial year has been reported to be Rs 152 crore.
The size of this particular public offering is approximately 1550 crore with a face value of Rs 10 per equity share. The price band, opening and closing date, and lot size are yet to be declared.
Ixigo
Ixigo is a travel-based company providing premium facilities to customers looking for traveling, booking hotels, tickets of bus, train, airways and helps them plan their travels too. As of 2021, the individual user base of Ixigo is more than 250 million users.
The issue size is 1600 crore with a fresh issue size of 750 crores and the Offer for Sale is 800 crore.
Shriram Properties
Talking of realty sector, Shriram Properties is a Bengaluru-based Real Estate company and is among the 5 largest real estate companies in South India. For the financial year 2020-21, this affordable housing company for the mid-market had generated a revenue of Rs 632 crores.
The IPO size of this company is going to be Rs 800 crores. This comprises fresh issue of Rs 250 crore along with an offer for sale of Rs 550 crore.
Star Health Insurance
Star Health is a market leader among private insurance providers. Its market share is 15.8%. Star Health has submitted its Draft Red Herring Prospectus (DRHP) at Rs 3000 crore, comprising an Offer for Sale of around 6 crore equity shares and Fresh Issue of Rs 2000 crore equity share. The objective of this IPO is to increase its capital base and for addressing general corporate purposes.
Jana Small Finance Bank
Jana small finance bank comes under the SFB sector. Established in 2018, it is the country's one of the leading small finance banks. The IPO size of this SFB is going to be around Rs 2000 crores.
Fincare Small Finance Bank
This bank comes under the category of a prominent bank and will have a likely IPO size of Rs 1330 crore.
Companies like Studds, RateGain, Esaf, Arohan financials too are likely to come up before the year ends. A good IPO can be a valuable asset to your portfolio. Keeping this in mind, do consult your financial advisor before investing.
