To watch IPO in 2022: The year 2021 was a golden year for companies that made their initial public offerings or IPOs, many of which got great listings on Dalal Street. As far as the stock market is concerned, it remained buzzing throughout the year as shares of major companies like Zomato, Paytm and Nykaa were listed on Bombay Stock Exchange and National Stock Exchange. The recent IPO boom in India is expected to carry over to the new year 2022, when more and more major companies are joining the list to issue their public issues when investor interest remains at a peak.
According to reports, around 35 companies are awaiting Sebi’s nod to go for IPOs in 2022, aiming to raise around Rs 50,000 crore.
Here are five initial public offerings (IPOs) you should watch out for in 2022 if you’re interested in buying shares this new year:
LIC IPO: This is probably going to be the most hyped public offering of the year. According to the government, the LIC IPO is set to hit the market in the January-March quarter of FY 2021-22. Life Insurance Corporation, India’s largest insurer, is one of the key sectors, although the government may meet its disinvestment target. According to reports, the government is seeking a valuation of Rs 8 lakh crore ($109 billion) to Rs 10 lakh crore for LIC’s IPO. According to media reports, the government will reserve 10 percent of the issue size for the policyholder. The government had earlier denied claims of delay in the process of issuing the public offer and said it would be done by the fourth quarter of this financial year.
Adani Wilmar IPO: The joint public issue issued by Adani Group and Wilmar Group is planning to raise Rs 4,500 crore through the primary market. The IPO issued by FMCG Food Group is an entirely new issue, the proceeds from which will be utilized for financing capital expenditure for expansion of existing manufacturing facilities, development of new manufacturing facilities, repayment/prepayment of borrowings; financing strategic acquisitions and investments; and general corporate purposes. Adani Wilmar is one of the largest FMCG food companies in India and should definitely be on the list of investors to invest in 2022. This will be the seventh Adani company to be listed on the stock exchange in India.
Oyo IPO: Hospitality major OYO Ltd has submitted its papers with SEBI to float the IPO, which are still pending with the market regulator. Oravel Stages, popularly known as Oyo’s Bazaar, will also be in the news this year amongst those on Dalal Street. If approved by SEBI, the OYO IPO plans to raise Rs 8,430 crore by selling its shares and will join top tier companies such as Paytm, Nykaa and PolicyBazaar in the stock market.
Delhivery IPO: Delhivery services company Delhivery has filed draft papers with SEBI for an initial offer of Rs 7,460 crore. Once approved, the Delhivery IPO is expected to hit the markets this year itself. The company will raise Rs 5,000 crore through fresh issue while the rest will be offered for sale.
SBI Mutual Fund IPOState Bank of India is all set to sell stake in its mutual fund wing through a public issue which is expected to take place next year. According to reports, the company is ready to raise $ 1 billion through IPO. ,
“The Executive Committee of the Bank’s Central Board has given its approval to explore the possibility of selling the Bank’s 6 per cent stake in SBI Funds Management Pvt Ltd through the IPO route, subject to obtaining all regulatory approvals,” in a regulatory filing. The lender said to file first.
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