Upcoming IPOs in 2021
Undoubtedly, a nation’s capital market is known to hold a mirror to its economic state. The Initial Public Offering (IPO) has always been a source that provides companies with an opportunity to access funds for growth while outlining an exit route for some early-stage investors.
Talking about the Indian markets, the country is home to approximately 10,000 Ultra High Networth Individuals ( Networth > $ 30 M ), with an aggregated wealth of $700 billion by 2024. Additionally, the country had launched 56 Unicorns and added 14 new unicorns by May’21 itself.
Consequently, this year India witnessed a significant rise in start-ups and established private companies joining the IPO league. Zomato’s recent success story made several rounds in the media. The company wanted to raise about Rs. 9,400 crore (US$ 1.27 billion), but closed with over Rs. 3.5 lakh crore (US$ 47.13 billion) applications. Another similar trend was witnessed by Clean Science and Technology that received an overwhelming response driven by the profit potential.
Here is a list of other upcoming IPOs to help you plan your investments better:
One 97 Communications Ltd.(Paytm)–
One97 Communications Ltd. is India’s leading mobile internet company. One97 runs Paytm, India’s largest digital goods marketplace.
Paytm, One97’s flagship brand is India’s largest digital goods and mobile commerce platform – inspired and driven by a commitment to the great consumer experience. Paytm is also a leading payment solutions provider to e-commerce merchants using its RBI-approved semi-closed wallet. One97 delivers mobile content and commerce services to millions of mobile consumers through India’s most widely deployed telecom applications cloud platform.
DRHP Status- Filed
MobiKwik–
The principal activities of the Group (i.e., the Holding Company and its subsidiaries) consist of issuing and operating prepaid payment instruments (Wallet Payment System) and providing payment gateway services.
The Holding Company was authorized by the Reserve Bank of India for issuance and operation of mobile-based pre-payment instruments subject to terms and conditions detailed in the certificate of authorization dated 18 July 2013 for five years, which was subsequently extended to 30 September 2023 vide renewal certificate dated 30 September 2020. The users use their MobiKwik wallet for transferring money, for paying their utility bills (prepaid recharge, post-paid mobile, landline, electricity, TV, etc.), and for shopping online on e-commerce websites.
DRHP Status- Filed
TMB Bank–
Under the guidance of the Nadar Business Community, the Nadar Bank was established in 1921. The name of the bank was changed to Tamilnad Mercantile Bank in 1962, with an aim to widen its appeal beyond the Nadar community.
The bank has been continuously increasing its branch network and is also able to generate a high quantum of deposits. It has been a leader in various technological advancements in the industry which is providing an edge to them over competitors and has benefitted the Tamilnad mercantile bank share value.
The bank has been improving its Current and Savings Account (CASA) deposit ratio resulting in improved Net Interest Margin. It is expected to deliver decent CAGR returns to the esteemed Tamilnad Mercantile bank shareholders.
DRHP Status- Filed
Care Health Insurance (Ex-Religare)
CARE HEALTH INSURANCE is a specialized health insurer offering health insurance services to employees of corporates, individual customers, and for financial inclusion as well. With its operating philosophy being based on the principal tenet of ‘consumer centricity, the company has consistently invested in the effective application of technology to deliver excellence in customer servicing, product innovation, and value-for-money services.
They envision a financially secure future for our customers through the delivery of customized health insurance plans such as Family Floater Plans, Senior Citizens Health Plans, Diabetes Cover, Maternity Cover, Critical Illness Cover, and specific travel insurance plans while guaranteeing the benefits of hassle-free claims procedures.
DRHP Status- Not Filed
Maharashtra Knowledge Corp Ltd.–
Maharashtra Knowledge Corporation Limited (MKCL) was promoted by the Department of Higher and Technical Education (H & TE), Government of Maharashtra (GoM), India and was incorporated under the Companies Act, 1956.
In order to make the capabilities of MKCL available to all the departments of the Government of Maharashtra, governmental coordination of the affairs of the company has been handed over from January 05, 2018, to the General Administration Department (GAD) from the Department of Higher & Technical Education. Subsequently, it was allocated to the Directorate of Information Technology under GAD.
DRHP Status- Not Filed
Lava International Ltd.-
It is a market leader in several countries being the 4th largest in India, 2nd largest in Thailand, 3rd largest in Sri Lanka, and 5th largest in Bangladesh. It is currently in the works to expand its presence in the continent of Africa. The company has been building mobile handset design capability including industrial design, mechanical design, hardware design & software design.
It has demonstrated quick and robust expansion since inception, showing profitability and growing sales since the first year of operations. Lava and Xolo are two brands that operate under the parent company. With ‘Create Possibilities’ as its guiding principle, Lava has embarked on an ambitious journey of becoming the 1st global consumer brand from India by empowering every human with quality innovative products.
DRHP Status- Not Filed
Sterlite Power Transmission Ltd.–
Sterlite Power is a leading integrated power transmission developer and solutions provider globally, focused on addressing complex challenges in the sector by tackling the key constraints of time, space, and capital.
In their Global Infrastructure Business, they bid, design, construct, own, and operate power transmission assets across multiple geographies. Given their expertise in project execution and their experience in leveraging cutting-edge technology, they have built a track record of commissioning projects ahead of schedule, addressing the key constraint of time.
They help meet the industry’s need for capital by implementing projects on a BOOM (Build Own Operate Maintain) basis and being at the forefront of financial innovation via IndiGrid, India’s first power sector Infrastructure Investment Trust (InvIT).
DRHP Status- Filed
Owing to the popularity of IPOs, the number of companies in the IPO pipeline is increasing rapidly with more companies filing their prospects with the markets regulator. Thus, another way to secure entry into the IPO market remains through the prospect of investing in pre-IPO opportunities.
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