The craziness of IPOs in India reaching new heights with reports claiming that it will hit the Rs 100 Lakh Crore IPO mark at the end of the year. As many companies had suffered from a big financial loss due to Covid 19 outbreak, this is looking like a positive sign.
The stock market has recovered well as we can see the Sensex is reaching new heights every day.
A positive stock market thing has grown up the confidence in the companies to go public to grab this opportunity.
As a result, numerous SME-IPOs are expected to go live in October 2021.
IPOs in the Calendar Year of 2021
There are around 42 IPOs registered in the calendar of 2021. And the total amount raised only through IPO in 2021 is around Rs 58,000 Crores.
The numbers are enough to tell you about the craziness of IPOs, but still, there is a lot to come this year.
Top companies such as LIC, Ola, Nykaa, Star Health, Oyo, Policybazaar and many more are ready in the line.
Companies such as Zomato, Barbeque Nation, Paras Defense, Devyani International have closed their share issues with great success. While others are preparing to file their DRHP with stock market regulator SEBI.
Below is the list of companies that are ready to launch their IPOs between October 2021 and March 2022.
| Companies | Tentative Size |
| LIC | Rs 55000 Crore |
| PolicyBazaar | Rs 6000 Crores |
| Emcure Pharmaceuticals | Rs 4,500 Crores |
| Paytm | Rs 16,600 Crores |
| Nykaa | Rs 4000 Crores |
| PharmEasy | Rs 3700 Crores |
| BoAt Electronics | Rs 3500 Crores |
| Lava International | Rs 2400 Crore |
| Star health insurance | Rs 2000 Crore |
| MobiKwik | Rs 1900 Crores |
| Medplus | Rs 1600 Crores |
| Penna Cement | Rs 1550 Crore |
| Helthium Medtech | Rs 1,500 Crore |
| Supriya Lifesciences | Rs 1200 Crore |
| Apeejay Surrendra Park Hotels | Rs 1000 Crore |
| Medi Assist Healthcare Services | Rs 850 Crore |
| HP Adhesives | To be announced |
| Delhivery | To be announced |
| Oyo Hotels and Homes | To be announced |
| ESDS Software Solutions Ltd | To be announced |
| Ola | To be announced |
| Anand Rathi Financial Services Ltd | To be announced |
IPOs to Expect in October 2021
Here is a complete list of IPOs that are gearing up to go public in October 2021.
Note** – This information is unconfirmed and subject to change as further updates are available.
| Company Name | IPO Lot Size | Expected Date |
| Arohan Financials | Rs 1800 Crore | October 2021 |
| MobiKwik | Rs 1900 Crore | October 2021 |
| CMS Infosystems | Rs 2000 Crore | October 2021 |
| Star Health Allied Insurance | Rs 3000 Crore | October 2021 |
| Nykaa | Rs 4000 Crore | October 2021 |
| Emcure Pharmaceuticals | Rs 4500 Crore | October 2021 |
Emcure Pharmaceuticals
Emcure Pharmaceuticals is an Indian multinational pharmaceutical company. Headquartered in Pune, Emcure Pharmaceuticals works in manufacturing, developing and marketing a wide range of pharmaceutical products worldwide.
The company was founded by Satish Mehta, a pharma distributor’s son. He started Emcure as a contract manufacturer for multinationals in 1981, then started to sell his own branded generics.
About Emcure IPO
Emcure is gearing for an IPO of about Rs 4,500 Crore. The public issue involves a fresh issue of equity shares of Rs 1100 Crores and an offer for sale of nearly 18 million sales by the current stakeholders and promoters.
The company uses these funds to repay its current debt.
Nykaa
Nykaa is an Indian eCommerce company, primarily known for selling beauty, fashion and wellness products across websites.
Nykaa was founded in 2012 by Falguni Nayar, a former managing director at Kotak Mahindra Capital Company. Earlier, it was launched as an eCommerce portal, serving a wide range of beauty and wellness products.
In 2015, the company expanded its business and began selling fashion products online. In 2018, Nykaa launched Mykaa men with an intention to provide multi attire for men’s grooming.
In 2020, Nykaa launched Nykaa Pro. It’s a premium membership program that provides special access to professional beauty products.
About Nykaa IPO
The total valuation of the total public issue is Rs 4000 Crore. It comprises fresh issue shares of Rs 525 crores and an Offer for Sale of up to 43 million shares.
The user base of Nykaa has been constantly increasing every year. Right now, the company has about 1.5 million shares. The company has more than 1200 brands on its website.
As of November 2020, Nykaa has a valuation of $ 1.8 billion. After this IPO, the company targets a valuation of $5 billion.
Nykaa is only the startup, which is expecting a profit from IPO launching.
Star Health and Allied Insurance Co. Ltd
Star Health and Allied Insurance Company is a health insurance company which is located in Chennai. The company is known for providing services in health, travel insurance, and personal accident.
On 21 July 2021, Star Health and Allied Insurance filed DRHP with SEBI in regards to IPO launching.
About Star Health and Allied Insurance
Currently, Star health occupies a market share of 15.8% in the private insurance sector.
The company has filed a DRHP with the regulator SEBI to launch an IPO of Rs 3000 Crore.
The public issue comprises a fresh issue equity share of Rs 2000 Crore and an Offer for sale of about Rs 6 Crore equity shares.
The objective of IPO is to maintain solvency level and expand its capital base.
CMS Info Systems
CMS info systems are India’s one of the leading cash management payment collusion companies. It offers its customers a wide range of cash management and managed service solutions, including ATM network management and managed services. This includes ATM network management, retail management and more.
The company is founded by the Blackstone Group, in partnership with Mr Rajiv Kaul – Ex CEO of Microsoft India.
About CMS IPO
This year, CMS has filed DRHP with SEBI to launch its IPO of Rs 2000 Crore.
Here, the public issue consists of an OFS or offer for sale only.
MobiKwik
Mobikwik is an online recharge and bill payment company in India. It is a fintech company that is one of the largest Buy Now Pay Later players in India.
MobiKwik was founded in 2009, by Bipin Preet Singh and Upasana Taku with an initiative of providing mobile wallets to make digital payment convenient for users.
About MobiKwik IPO
This year, MobiKwik has filed DRHP to go public with an IPO of Rs 1900 Crore.
The public issue comprises a primary share sale of Rs 1500 Crore and the rest will be an OFS.
The company has reserved 4.5 million or 7% of its equity for its employees.
MobiKwik has plans to touch the $1 billion valuations with the IPO
Arohan Financial Services
Arohan Financial Service is a leading NBFC that came with an initiative to provide loans for financially penetrated low-income states of India. Arohan provides income-generating loans and other financial services to customers who have limited or no access to financial services.
About Arohan Financial Services IPO
Arohan Financial Services has recently filed DRHP with SEBI this year. It is planning to go public with an IPO of around Rs 1800 Crore.
The public issue comprises an OFS of 27,055,893 shares and fresh issue equity shares of Rs 850 Crore.
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