After having a fabulous year in 2021, the market is now off to a slow start. More than 3 companies including Vedant Fashions, Adani Wilmar and AGS transact have recently come out with their IPOs, and not just that, 63 other companies have also come up with successful IPOs in the past few years. The companies have raised beyond 1 lakh crores with such IPOs at rates that are much higher than the previous rates. The markets have also turned out quite volatile because of the sudden oil price rise hike, geopolitical tensions as well as higher inflation fears. While some of it has caused fear among companies, some companies have also made a bold move by investing this year. Let’s take a look at them.
The latest IPO to have entered is Go Airlines. Being of one the fastest growing airlines, they have improved its shares in the domestic market from 8.8% fiscal to 10.8% fiscal. The fleet inventory here consists of 56 aircraft and the airline has overall covered 28 national as well as 9 international destinations. This company‘s equity shares will aggregate up to 3.6k crores.
A mobile wallet provider, MobiKwik offers massive services for peer-to-peer payments with the help of Mobikwik wallet, UPI, wallets, etc to make bank payments which will be made available through this platform. The size of this IPO will cost up to 1900 crore and it will also include a fresh issue of 1500 crore.
VLCC Healthcare IPO comes next. Branded under the beauty and wellness clinics, it has been branded for institutes for beauty, nutrition, and skill development. They also manufacture as well as VLCC personal beauty products. Their IPO also comprises fresh equity shares that are 300 crores worth.
One of the biggest audio-focused electronics brands that have become incredibly popular these days, Boat has recently filed a prospectus of Rs 2000 crore with SEBI. this company is also looking to seek valuations of 1.5-2 billion within the next 1 year.
This company again is a leading institution that focuses on providing loans to customers with a focus on multiple rural regions within India. They also have an IPO coming up with a size of approximately 800 crores.
Another lumbering giant moving towards LIC IPO is Emcure Pharmaceutics. Heavily engaged in manufacturing and developing a range of products across many therapeutic areas, this company offers the issuance of equity shares that go up to 1100 crores and 18,168,356 by promoting various other existing shareholders.
Knowing that the IPO has had such a massive pipeline, the year 2022 has turned out to become another year of breaking records in the market. Yes, it would be interesting to see which IPO takes during the 1st half chunk of the year. We shall also be sharing all the detailed reviews on each of the IPOs.