Upcoming IPOs in December 2021

Upcoming IPOs in December 2021

The period of November saw a series of IPOs delivering, leaving the financial investors happy. India’s greatest IPO to date, PAYTM, worth Rs 18,300 Crores opened up to the world in November 2021.

Sigachi Industries, which opened up to the world on the fifteenth November 2021, returned over 250% on opening, making it one of the top-performing SME-IPOs of the Month.

The COVID-19 pandemic has been unpleasant for the worldwide economy, yet India’s market has recuperated rapidly. Right now, the securities exchange is enjoying some real success, and firms are attempting to receive its rewards by opening up to the world in this time frame.

Checking out this, here we bring to you the following IPOs that are lined up to open up to the world in December 2021.

Let’s take a detailed insight into the companies that are going live in December 2021:

Company Name IPO Size Date of Launching
Go Airlines Rs 3,600 Crores To Be Announced
RateGain Rs 375 Crore 7 Dec-9 Dec 2021
Anand Rathi Wealth Rs 660 Crore 2 December – 6 December
Emcure Pharmaceuticals Rs 4,500 Crores To Be Announced
Star Health & Allied Insurance Rs 3000 Crore To Be Announced
Jana Small Finance Bank Rs 2000 Crore To Be Announced
CMS Infosystems Rs 2000 Crore To Be Announced
MobiKwik Rs 1,990 Crore To Be Announced
Arohan Financials Rs 1800 Crore To Be Announced
Northern Arc Capital Rs 1,800 Crore To Be Announced
Ixigo Rs 1,600 Crore To Be Announced
Penna Cement Rs 1,500 Crore To Be Announced
Euro Panel INR 70 14-16 December
Sterlite Power Transmission To Be Announced
Rategain TRavel Technologies To Be Announced
ESAF Small Finance Bank To Be Announced
Shriram Properties To Be Announced
Shri Bajrang Power & Ispat To Be Announced
Studds Accessories Limited To Be Announced

Euro Panel

Also known as Archer trading house Pvt limited, Euro Panel is known for manufacturing several Aluminium composite panels in different designs, colours and textures.

ACPs are majorly used for the exterior covering of commercial buildings.

The subscription date of Euro panel is 14 -16 December. The OFS for the company is 8,28,000 shares whereas the fresh issue of shares is 56,72,000 shares. The lot size of the company is of total 2000 shares.

RateGain Travel Technologies

The company is a prominent name in distribution technology globally and also, it is the SAAS provider company in the travel and hospitality industry in India. It offers services like travel and hospitality services across different vertices like hotels, airlines, package providers, car rentals, cruises, hotels and ferries.

Anand Rathi Wealth

Anand Rathi wealth is a leading non-wealth solution company in India and has been ranked amongst the top three non-bank mutual fund distributors in India by gross commission earned in Fiscal 2020.

It serves a wide spectrum of clients via wealth solutions, financial product distribution and technology solutions.

Emcure Pharmaceuticals

Emcure Pharmaceuticals is a leading organization in the pharmaceutical industry that has plans to open up to the world about an IPO of about Rs. 4,500 crores.

This IPO will involve both new equity shares and an OFS.

Around 18 million shares will be accessible under an offer for sale by the organization advertisers and existing shareholders.

While the new issue value will incorporate an offer of about Rs. 1,100 crores.

The primary goal of this public offering is to reimburse the current debts of the organization.

Go Airlines

GO Airlines is one of India’s leading aircraft organizations and is all set to launch its IPO of Rs. 3,600 crores on 8 December 2021. This public issue holds the only fresh issue of equity shares at a face value of Rs. 10 per share.

Furthermore, the organization also plans an anchor investment of Rs. 1,500 crores.

The primary goal of this public offering is to assist the organization with paying off its present debts and meet general corporate purposes.

Star Health and Allied Insurance Co. Ltd.

Star Health and Allied Insurance Co. Ltd. is one of India’s leading insurance providers. They are driving the rundown of India’s private insurance cover provider with a market share of 15.8%.

The organization has submitted its DRHP to the Securities and Exchange Board of India. This public issue has a company valuation of about Rs. 3,000 crores.

The IPO consists of a fresh issue of equity trading shares of Rs 2000 Crore and 6 Crore equity shares under OFS.

In the last monetary year, Star Health has acquired a gross return premium of Rs. 9,438.95 crores.

According to its DRHP, this IPO will help the organization keep its solvency levels and develop its present capital base.

Jana Small Finance Bank

Jana Small Finance Bank is one of the leading finance banks of this country.

According to its DRHP, Jana Small Finance Bank’s IPO will have a valuation of Rs. 2,000 crores, involving OFS and new fresh equity issue. The proposal available to be purchased should assemble Rs. 1,300 crores, and the fresh issue equity shares offers will produce the leftover Rs. 700 crores.

CMS Info Systems

CMS Info System is a notable name in the business vertical of cash management services. Its customers are spread across the financial sector.

CMS Info System has submitted its DRHP for an IPO of Rs. 2,000 crores with the Securities and Exchange Board of India. Also, this IPO will just involve a proposal available to be purchased and no new fresh issue of equity shares.

Ruchi Soya

Among this IPO fest, Ruchi Soya is an exemption with its subsequent public proposition. The organization is starting an FPO with a valuation of about Rs. 4,300 crores.

Among this IPO fest, Ruchi Soya is starting an FPO with a valuation of about Rs. 4,300 crores.

Arohan Financial Services

Arohan Financial Services has filed its DRHP record with SEBI, the organization’s first sale of stock will be worth Rs. 1,800 crores. It will have a new issue of equity shares adding up to Rs. 850 crores, and an OFS of 27,055,893 value shares by current stakeholders

Penna Cement

The IPO of Penna Cement according to its DRHP will be worth Rs. 1,550 crores. It will involve a fresh issue of equity shares adding up to Rs. 1,300 crores and make available for the purchase of Rs. 250 crores.

Utkarsh Small Finance Bank

This IPO will have a valuation of Rs. 1,350 crores. This incorporates an OFS of Rs. 600 crores and a fresh issue of equity shares of Rs. 750 crores.

Fincare Small Finance Bank

According to their DRHP, this IPO will have a valuation of about Rs. 1,330 crores, including a new fresh issue of equity shares of Rs. 330 crores and OFS of Rs. 1,000 crores by the company promoters.

ESAF Small Finance Bank Ltd

ESAF Small Finance Bank is one more SFB that is going public in FY2022. At first, the monetary organization had plans to go public in mid-2021, yet the pandemic halted that progress.

The DRHP of this IPO will have a valuation of Rs. 998 crores. This will incorporate fresh issue equity shares of Rs. 800 crores, and the leftover Rs. 198 crores are through and OFS.

Takeaway

Since many IPOs are knocking at your doors in the last of the Year 2021, it would be imperative for you to make yourself prepared and get the chance to put resources into new age technology-empowered companies. However, before investing, you must have a Demat Account with a SEBI enrolled stock broker!

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