Ipo Calendar 2023 India

Ipo Calendar 2023 India – Like January and February, March 2022 was a hot month for IPOs. As LIC decided to postpone its IPO to the next financial year due to the uncertainty caused by the Russia Ukraine war and rising oil prices, most other IPOs chose to stay on the sidelines.

However, in late March, several issues such as Ruchi Soya FPO, Uma Exports IPO, Veranda Learning and Haryum Pipes hit the IPO market before the close of FY22.

Ipo Calendar 2023 India

Ipo Calendar 2023 India

Interestingly, SEBI has shown great rigor in approving DRHP submissions, but companies have been slow to announce their IPO plans. Companies are obviously waiting for more details on variables like timing of LIC IPO, retail appetite, impact of higher oil prices, risk of IPO rally etc.

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This is in stark contrast to calendar year 2021, when 65 IPOs raised Rs 1.31 trillion. There are very aggressive targets for FY23, but it’s off to a very lukewarm start. Much work remains to be done in the coming months to deal with the late start to 2022.

Ipo Calendar 2023 India

The delay of the LIC IPO in FY22 will be a disappointment to the IPO market, which had hoped that the LIC IPO would trigger a positive move in the market. Now LIC has till May 12 to float its IPO without doing a fresh actuarial valuation.

A large number of IPOs are set to hit the IPO market, but LIC will wait for more clarity on the IPO. You can see a wide range of marquee companies in the IPO list below. Most of the companies will probably have to wait for the LIC IPO to end as it will drain a lot of liquidity from the IPO market.

Ipo Calendar 2023 India

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Here’s a quick summary of companies coming to the IPO market in April/May 2022, although dates and price bands have yet to be announced. The list below is only an indicative list for now.

The LIC IPO will be an all-offer sale in which the government will sell its 5% stake or about 3.2 million shares to the public. The issue size is around 66 billion and the price band and dates are yet to be announced. LIC was initially expected to open the IPO around 11-Mar to be able to list the IPO in FY22.

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Ipo Calendar 2023 India

However, aggressive FPI selling, Fed volatility, rising oil prices and Russia’s war in Ukraine have dampened those hopes. The Rs 66,000 crore IPO will now take place only in its 23rd year. The company has reserved 10% of the issue size for policyholders.

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India’s pioneer in online trading and one of the largest volumes of stock market derivatives in the world, NSE will hit the IPO market after a long delay. NSE has finally received the regulator’s approval to go ahead with its Rs 10,000 crore IPO. As per the existing rules, stock exchanges cannot list on their own exchanges, so NSE can consider multiple listings on BSE and international exchanges.

Ipo Calendar 2023 India

One of India’s most successful startups in the digital room business plans to tap the market to raise Rs 8,430 crore. However, the company may have to settle for lower prices and lower valuations. The OYO IPO will have an offer of Rs 7,000 crore in fresh issue and Rs 1,430 crore for sale by existing holders.

India’s leading new age logistics companies IPO market at Rs 7,460 crore. This will include an offer for sale of 2,460 million and a fresh issue of 5,000 million.

Ipo Calendar 2023 India

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Delhivery handles end-to-end logistics services for most of India’s e-commerce players and offers one of the largest PIN networks in the state. IPOs have been on hold for a long time due to uncertainty surrounding the post listing of digital IPO performance.

India’s largest local cab service is planning to go public with a public issue of Rs 7,300 crore. As of now, Ola Cabs has not yet specified whether it intends to proceed now and if so, at what valuation and at what scale of the problem. Most likely the issue size and rating of Ola cabs will be cut Ola Cabs has made a big bet on electric scooters as part of its plan to grow its EV franchise.

Ipo Calendar 2023 India

API Holdings Limited, the company that owns the PharmEazy brand, is an online portal that connects pharmacies and consumers and is one of the largest online sellers of medicines. The portal is also rich in content including online doctor consultation and online prescription. The problem size is expected to be around 6,250 million. PharmEG IPO proceeds will mainly be used to repay the company’s debt.

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The Bajaj Energy IPO will be completed through a fresh issue of Rs 5,450 crore and a sale offer of Rs 300 crore. From the fresh proceeds, Bajaj Energy plans to use about Rs 4,927 crore to buy the Lalitpur Power Generation Company.

Ipo Calendar 2023 India

Although Bajaj Energy is a pure thermal power company, valuation metrics for power companies have clearly shifted in favor of renewable energy companies in recent quarters.

India FIH is the Indian arm of Taiwan’s Foxconn and is primarily into Electronics Manufacturing Services (EMS). The 5,004 million euro IPO will be split equally between a new issue and an offer for sale. The new issue material will basically be used by the company to pay a special dividend to its parent company.

Ipo Calendar 2023 India

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One of Bharat FIH’s biggest customers in India is China’s Xiaomi Mobiles Globally, Foxconn is one of Apple Inc.’s largest subcontractors.

Emcure Pharma is one of the leading pharmaceutical companies in India and is headquartered in Pune. The company plans to issue a public issue of Rs 4,500 crore, comprising Rs 1,100 crore through a fresh issue and Rs 3,400 crore through an offer for sale (OFS). The proceeds of the new issue will be used to repay the company’s debt.

Ipo Calendar 2023 India

The Rs 3,600 crore IPO consists of an entirely fresh issue. The proceeds of the issue will be used to reduce IOCL’s outstanding debt, including arrears such as fuel dues and aircraft leases. Go Air, according to the latest DGCA data, has a market share of 9.1% on domestic routes.

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Bot Electronics is mainly involved in audio equipment and portable business. It has a portfolio of products including headphones, earphones, wireless speakers and wearables. 2 billion IPO will be complemented by a new issue of 900 million and a sale offer of 1.1 billion.

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Ipo Calendar 2023 India

The promoter and founder of the company is a household name and is an active participant in Shark Tank and other popular shows.

Drum Technologies IPO Rs 3,000 crore. It will consist of fresh issue of Rs 2,000 crore and OFS of Rs 1,000 crore. Droom offers a marketplace for buying and selling new and used cars and two-wheelers and competes with the likes of CarTrade and Cars24. The new crops will be used for organic and inorganic growth in the coming years.

Ipo Calendar 2023 India

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John Small Finance Bank dominates the rural and semi-urban areas of India with the larger objective of achieving financial inclusion in these areas.

The public price of 2,000 million will be split into a sale offer of 1,300 million and a new issue of 700 million. As a small finance bank, it will use the funds from the new proceeds to improve its Tier-1 capital.

Ipo Calendar 2023 India

MobiKwik’s Rs 1,900 crore IPO consists of a fresh issue of Rs 1,500 crore and an OFS of Rs 400 crore. The issue was supposed to launch in the December 21 quarter, but was delayed following Paytm’s weak listings.

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MobiKwik offers a unique digital BNPL (Buy Later) plan along with a robust payment portfolio for consumers and merchants.

Ipo Calendar 2023 India

1. The public value of 800 million consists of a new issue of 950 million and a sale offer of 850 million. Arohan is an NBFC and also includes microfinance serving untapped segments of the market Arohan Financials will help raise the capital adequacy of the IPO.

Northern Arc Financial’s public offer includes a fresh issue of Rs 300 crore and an offer for sale of 365.21 lakh shares. Northern Arc extends small card loans to individuals and small businesses. The new issue will mainly be used to augment its Tier-1 capital base so that it can easily expand its asset book in the future.

Ipo Calendar 2023 India

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1. A 600 million IPO will consist of a new issue of 850 million and a sale offer of 750 million. It’s this one

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