In the last financial year 2020-21, 30 companies raised more than Rs 39,000 crore from the primary market through IPOs. Due to the continued liquidity in the market, market experts expect that the new fiscal year 2021-22 will be as good for IPOs as it is for FY21. This is the reason that 15 companies are going to launch their IPO in the first quarter of FY22 itself.
Of the 15 IPOs that will be rolled out in Q1 of FY22, 6 companies can launch their IPOs this month. In the new financial year, IPOs will begin with the IPO of Macrotech Developers, ie Lodha Developers. The IPO of Lodha Developers will be open for subscription from 7 to 9 April.
Between January and March 2021, 17 IPOs were launched.
Tsunami of IPOs even in 2021
Foreign Institutional Investors (FIIs) and new retail investors have invested heavily in IPOs in the last 1 year. Between January 2021 and March 2021, IPOs of 17 companies were launched and these companies raised Rs 18,800 crore from the primary market. In the March quarter of 2021, FII has invested Rs 53,000 crore in the Indian stock market. Now in April 2021, a tsunami of IPOs is coming.
Advantage of Bullish Market
In April 2021, at least 6 companies will launch IPOs to list themselves in the stock market. The stock markets hit record highs due to heavy FIIs inflows, strong corporate earnings and huge increase in spending by the central government, with more and more companies bringing in IPOs this year to take advantage of the bullish market to raise funds.
These IPOs will be launched in Q1
In addition to Microtech developers in Q1 of FY22, Rolex Rings will have an IPO of Rs 150 crore. Apart from this, Paras Defense and Space Technologies will also launch an IPO of up to Rs 300 crore. While Utkarsh Small Finance Bank is planning to launch an IPO of Rs 1350 crore, Arohan Financial Services will launch an IPO in the June quarter to raise Rs 1800 crore.
Famous fashion brand Monty Carlo (MonteCarlo) where the Rs 600 crore IPO is set to launch before June 2021. At the same time, Seaborne Logistics will also raise Rs 600 crore through a public issue. Similarly, Exxaro Tiles will have an IPO of up to Rs 200 crore. Also, the airline company GoAir will also launch an IPO to raise Rs 2500 crore.
IPOs of these companies will be launched in April 2021
Lodha Developers/ Macrotech Developers IPO
Mumbai-based Indian real estate company Macrotech Developers Ltd (formerly Lodha Developers) will launch its IPO on 7 April to raise Rs 2500 crore. You will be able to subscribe to it till 9 April. The company has fixed the issue price for this IPO at Rs 483–486 per share.
Seven Islands Shipping IPO
The IPO of Sea Islands Shipping Company Seven Islands Shipping has received approval from market regulator SEBI. Seven Islands Shipping is set to raise Rs 600 crore through an IPO. The company will issue fresh shares worth Rs 400 crore for this IPO. However, shares worth Rs 200 crore will be issued through Offer for Sale (OFS).
Dodla Diary IPO
South India-based dairy company Dodla Dairy has submitted a draft Red Herring Prospectus (DRHP) with market regulator SEBI to launch an IPO of Rs 800 crore. For this IPO, the company will issue fresh shares worth Rs 50 crore and the promoter and investor of the company will issue 1,00,85,444 equity shares through Offer for Sale (OFS). The company will launch an IPO in April.
Sona Comstar IPO
The country’s largest auto parts manufacturing company Sona Comstar is set to launch an IPO to raise Rs 6000 crore from the primary market. This IPO of Sona Comstar will be the largest public issue of any auto component making Indian company. For this IPO, the company will issue fresh shares worth Rs 300 crore. At the same time, the promoters and investors of the company will issue shares worth Rs 5700 crore.
Aadhar Housing Finance IPO
Blackstone, the world’s largest asset management company, will launch an IPO of its portfolio housing finance company Aadhar Housing Finance in April. The company will raise Rs 7300 crore through this public issue. For this, the company will issue fresh shares worth Rs 1500 crore and the promoters and shareholders of the company will sell 5800 crore shares.
KIMS Hospitals IPO
Krishna Institute of Medical Sciences- KIMS, the largest corporate healthcare group in Andhra Pradesh and Telangana, is also set to get an IPO in April to raise funds. The company will raise Rs 700 crore through this IPO. Fresh shares worth Rs 200 crore will be issued in this public issue. At the same time, the promoter of the company will issue 21,340,931 equity shares through For Sale.
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