In the year 2021, we saw many companies launching their IPOs to make an entrance into the public market.
From January to December, a minimum of 3 companies have become public every month.
Following the last year, there are other companies too, who are looking forward to making their debut in the primary market.
The IPO information is crucial for every stock market trading investor.
In this blog, we will talk about all the upcoming IPOs in February 2022 so that you can take a call on investing or not.
Sr No Name of the Company Issue Size Opening Date Closing Date 1 Vedant Fashion Ltd₹3,149.19 Cr February 4, 2022February 8, 2022 2 Go Airlines Ltd ₹3,600 Cr*To be announced To be announced 3 Mobikwik Systems Ltd ₹1900 Cr* To be announced To be announced 4 Jana Small Finance Bank ₹2,000 Cr* To be announced To be announced 5 Arohan Financial Services Ltd ₹850 Cr* To be announced To be announced 6 Ixigo (Le Travenues Technology) Ltd₹1,600 Cr*To be announced To be announced
Vedant Fashions, India's largest private label apparel and lifestyle brand, will hit the primary markets on February 4 with an IPO that will be an offer for sale by the company's promoters.
The Rs 3,149 crore offer will give the existing shareholders and promoters of the company a chance to monetize their investment.
Vedant Fashion Ltd., an Indian clothing company, owns several brands such as Manyavar, Mohey, Mebaz, Manthan, and Twamev.
It operates through franchise-owned outlets (EBOs), as well as multi-brand outlets (MBOs) and large format stores (LFSs).
The company also has an online presence on its website and mobile application. As of September 30, 2021, it had over 1.2 Mn sq. ft of retail space in India and 11 EBOs overseas.
It has announced plans to go public on February 4, 2022, with a total issue size of ₹3149.19 crores for sale.
In 2009, MobiKwik Systems Limited began its operations with MobiKwik Wallet. This allowed users to load money into a mobile wallet and make payments with a single click.
Mobikwik is one of the largest mobile wallets and Buy Now Pay Later (BNPL) players in India. The company also offers payment gateway services to e-commerce merchants.
They aspire to provide credit to India's growing online population, and they offer a range of products to help with that goal, including peer-to-peer payments via UPI, MobiKwik Wallet, and MobiKwik Wallet to bank payments through their platform.
Their IPO has a valuation of INR 1900 crore. It involves a fresh share offering worth up to INR 1,500 crore, and 400 crores in an offer for sale.
One of the major players in the small financing scenario of the country, Jana Small Financing Bank (JSFB), will launch its initial public offering (IPO) with an issue size of Rs. 2,000 crores.
This IPO will include both an offer for sale (OFS) of Rs. 1,300 crores and fresh issue of shares worth Rs. 700 crores.
Finance bank Jana Small Finance Bank is raising funds through an initial share-sale worth Rs 700 crore, according to a draft red herring prospectus filed with the SEBI.
The company offered up to 92.53 lakh (9.25 million) shares to new investors in an issue of equity shares worth Rs 700 crore.
GoAir, India's 5th largest airline, filed its draft red herring prospectus with India's Securities and Exchange Board (SEBI) for an initial public offering worth ₹3600 crores.
The Wadia Group-owned the Mumbai-based airline, which began in 2005. The company name was GoAir, but they recently rebranded to GoFirst.
They fly 300 flights per day to 36 different domestic and international destinations; they have a market share of around 8.4%.
Go Airlines is India's ultra-low-cost airline that focuses on young Indians, leisure customers, and MSME business travellers.
The retail portion of the IPO is 10%, while QIB is 75% and NII is 15%. They will be listed on NSE and BSE, both indices.
Arohan, set up in 2006, is the largest non-banking financial company microfinance institution in the eastern Indian region with a gross loan portfolio of Rs. 4600 crore in FY21.
It raised Rs. 189 crore from ASK Financial Holding, Kiran Vyapar Ltd, and Arohan ESOP Trust at Rs. 210 per share between FY17 and FY20.
Its gross loan portfolio was Rs. 48.57 billion, the highest among all non-banking financial company microfinance institutions in eastern India. It is the fifth-largest NBFC-MFI in India based on the gross loan portfolio.
Between FY17 to FY20, it had the second-highest CAGR (which signifies compound annual growth rate) of 68% among the top five NBFC-MFIs in India and the highest customer growth among the top five NBFC-MFIs at 49% CAGR between FY18 to FY20.
Ixigo (Le Travenues Technology Limited), a technology company, focuses on empowering Indian travelers.
We assist travellers in making better travel decisions by leveraging artificial intelligence, machine learning, and data science-led innovations on our OTA platforms.
Ixigo's vision is to become India's leading travel ecosystem for the following billion users driven by technology, cost-efficiency, and their culture of innovation.
They have OTA platforms that allow travelers to book train tickets, flight tickets, bus tickets, hotels, and cabs while providing travel utility tools and services.
They offer train PNR status and confirmation predictions, train seat availability alerts, train running status updates and delay predictions, flight status updates, bus running status, pricing, availability alerts, deal discovery, destination content, personalized recommendations, and instant fare alerts flights.
They also provide automated customer support services.
Everyone is waiting for the Upcoming IPOs in February, you can’t Trade when you do not have a Demat account.
सोने और चांदी की कीमतों के लिए पिछले सप्ताह अस्थिर रहा लेकिन अप्रैल वायदा सोने के भाव सप्ताह में 0.8 प्रतिशत तेज़ हुए और 47950 रुपये प्रति दस ग्राम के स्तरों पर कारोबार करते दिखे। रूस-यूक्रेन के तनाव से सोने के भाव को सपोर्ट मिल रहा है। सोने के विपरीत दिशा में चलने वाला, अमेरिकी डॉलर इंडेक्स में पिछले सप्ताह जबरदस्त बिकवाली का दबाव रहा और इसमें 2 प्रतिशत की साप्ताहिक गिरावट दर्ज की गई है। अमेरिकी डॉलर इंडेक्स में यह गिरावट मार्च 2020 के बाद सबसे अधिक रही है।
पिछले साप्ताहिक सत्र के दौरान कॉमेक्स वायदा सोना 1800 डॉलर प्रति औंस के निशान के ऊपर ही रहा क्योंकि कमजोर डॉलर और अमेरिकी ट्रेजरी यील्ड में उछाल से शेयर बाजारों में जोखिम बढ़ने लगा है जिससे सोने में निवेश बढ़ा है। गोल्ड एसपीडीआर गोल्ड ट्रस्ट की होल्डिंग में बढ़त दर्ज की गई है। बैंक ऑफ़ इंग्लैंड ने पिछले सप्ताह अपनी मौद्रिक नीति में ब्याज दरों को बढ़ा कर 0.5 प्रतिशत कर दिया और यूरोपियन सेंट्रल बैंक द्वारा जारी मौद्रिक नीति में ब्याज दरे यथावत रखी। यूरोप में बढ़ती हुई मुद्रास्फीति को लेकर यूरोपियन सेंट्रल बैंक का मानना है की यह इस साल के अंत तक कम हो जाएगी।
प्रमुख बैंक की मौद्रिक नीति होने से पिछले सप्ताह कीमती धातुओं के भाव में काफी उठा पटक देखि गई है। उधर, अंतर्राष्ट्रीय मुद्रा कोष ने चेतावनी दी कि यह कहना बहुत जल्दी होगा कि दुनिया "निरंतर मुद्रास्फीति" की अवधि का सामना कर रही है। इस बीच, यूक्रेन को लेकर अमेरिका-रूस के बीच तनाव लगातार बढ़ता जा रहा है। अमेरिका का मानना है कि रूस ने यूक्रेन पर आक्रमण करने के बहाने के रूप में कई विकल्प तैयार किए हैं, जिसमें एक प्रचार वीडियो का संभावित उपयोग शामिल है। जो सोने के भाव के लिए तेज़ी का संकेत कर रहे है।
सोने और चांदी के भाव में इस सप्ताह तेज़ी रह सकती है। सोने को 47400 रुपये पर सपोर्ट और 48300 रुपये पर प्रतिरोध है। चांदी को 59800 रुपये पर सपोर्ट और 62400 रुपये पर प्रतिरोध है।
Incorporated in 2002, Vedant Fashions Limited caters to the Indian wedding and celebration wear market with a diverse portfolio of brands. The company offers a one-stop destination with a wide spectrum of product offerings for every celebratory occasion to its customers.
The company's brands include (i) Manyavar, (ii) Mohey, (iii) Mebaz, (iv) Manthan, and (v) Twamev. The company operates its business through franchise-owned exclusive brand outlets (EBOs), with the remaining by multi-brand outlets (MBOs), large format stores (LFSs), and online platforms, including its website (www.manyavar.com) and mobile application.
The company has mixed set of financials over the few years where the revenue grew in FY20 and fell back from Rs. 9,47.97 cr to Rs 625 cr in FY21. Similarly, profit also declined from Rs. 236.6 cr in the year FY20 to Rs. 132.9 cr in the FY21 which can be attributed due to the pandemic. However, the company's performance returned to normal in the first 6 months of FY22. Vedant Fashions is among the top companies in the Indian wedding and celebration wear segment. The company's financials suffered a setback, which could be due to COVID 19. The issue is valued at P/E 161(x) to its FY21 EPS of Rs. 5.36 and P/BV of 24.42(x) on NAV of 35.45 that seems to be overpriced also the issue is purely OFS based. Thus we assign an "AVOID" rating to the IPO.
COMPARISON WITH LISTED INDUSTRY PEERS(AS ON 31STMARCH 2021)
There are no listed companies in India that engage in a business similar to that of the Company’s business. Accordingly, it is not possible to provide an industry comparison in relation to the Company.
Particulars (Rs. In Millions) FY 2021 FY 2020 FY 2019 Equity Share Capital247.87250.46250.46Other Equity10,666.2310,409.688,577.24 Net Worth 10,914.1010,660.148,827.70 Borrowings--0.02 Revenue from Operations 5,648.169,155.498,007.42 EBITDA 2,817.053,987.653,379.54Profit Before Tax1,819.173,118.412,709.38 Net Profit for the year 1,329.032, 366.371,764.27
DISCLAIMER:
The information contained herein are strictly confidential and are meant solely for the information of the recipient and shall not be altered in any way, transmitted to, copied or distributed, in part or in whole, to any other person or to the media or reproduced in any form, without prior written permission of Swastika Investmart Ltd. (SIL).
The contents of this document are for information purpose only. This document is not an investment advice and must not alone be taken as the basis for an investment decision. Before taking any decision to invest, the recipient of this document must read carefully the Red Herring Prospectus (‚RHP‛) issued to know the details of IPO and various risks and uncertainties associated with the investment in the IPO of the Company.
All recipients of this document must before acting on the given information/details, make their own investigation and apply independent judgment based on their specific investment objectives and financial position. They can also seek appropriate professional advice from their own legal and tax consultants, advisors, etc. to understand the risks and investment considerations arising from such investment. The investor should possess appropriate resources to analyze such investment and the suitability of such investment to such investor’s particular circumstances before making any decisions on the investment. The Investor shall be solely responsible for any action taken based on this document. SIL shall not be liable for any direct or indirect losses arising from the use of the information contained in this document and accept no responsibility for statements made otherwise issued or any other source of information received by the investor and the investor would be doing so at his/her/its own risk. The information contained in this document should not be construed as forecast or promise or guarantee or assurance of any kind. The investors are not being offered any assurance or guaranteed or fixed returns on their investments. The users of this document must bear in mind that past performances if any, are not indicative of future results. The actual returns on investment may be materially different than the past. Investments in Securities market products and instruments including in the IPO of the Company are highly risky and they are generally not an appropriate avenue for someone with limited resources/ limited investment and low risk tolerance. Such Investments are subject to market risks including, without limitation, price, volatility and liquidity and capital risks. Therefore, the users of this document must carefully consider all the information given in the RHP including the risks factors before making any investment in the Equity Shares of the Company.
Swastika Investmart Ltd or its analysts did not receive any compensation or other benefits from the companies mentioned in the report or third party in connection with preparation of the research report. Accordingly, neither Swastika Investmart Ltd nor Research Analysts have any material conflict of interest at the time of publication of this report. Compensation of our Research Analysts is not based on any specific merchant banking, investment banking or brokerage service transactions. Swastika Investment Ltd may have issued other reports that are inconsistent with and reach different conclusion from the information presented in this report. Research entity has not been engaged in market making activity for the subject company. Research analyst has not served as an officer, director or employee of the subject company. We have not received any compensation/benefits from the Subject Company or third party in connection with the Research Report.
CORPORATE & ADMINISTRATIVE OFFICE - 48, Jaora Compound, M.Y.H. Road, Indore - 452 001 | Phone 0731 - 6644000
Compliance Officer: Ms. Sheetal Duraphe Email: compliance@swastika.co.inPhone: (0731) 6644 241
Swastika Investmart Limited, SEBI Reg. No. : NSE/BSE/MSEI: INZ000192732 Merchant Banking: INM000012102 Investment Adviser: INA000009843 MCX/NCDEX: INZ000072532 CDSL/NSDL: IN-DP-115-2015 RBI Reg. No.: B-03-00174 IRDA Reg. No.: 713.
Incorporated in 1999, Adani Wilmar limited a joint venture between Adani Group and the Wilmar Group.
Adani Wilmar is an FMCG food company offering most of the essential kitchen commodities for Indian consumers, including edible oil, wheat flour, rice, pulses, and Sugar.
The Company also offers a diverse range of industry essentials, including oleochemicals, castor oil and its derivatives, and de-oiled cakes. The company's products are offered under a diverse range of brands across a broad price spectrum and cater to different customer groups.
The company's product portfolio is categorized into (i) edible oil, (ii) packaged food and FMCG, and (iii) industry essentials.
The Company has shown a strong growth in revenue where it grew from Rs 29,766 cr to Rs 37,195 cr over the period of FY20 to FY21 and during the same period, profit has grown from Rs 460 cr in FY20 to Rs 727 cr in FY21. Again, in the period ended, by September 21, the company reported tremendous growth.
It will be the seventh listed company of the Adani Group, which has already established itself as a brand in the FMCG sector. The company is a leader in branded edible oils and packaged foods in India. The IPO is priced at a P/BV of 7x on a NAV of 28.86 and PE of 36x on its FY21 earnings which are slightly lower than its listed peers. Thus we assign a "SUBSCRIBE" rating to the IPO for listing gain and long term.
Name of the Company Total Income for FY2021 (₹ Cr)EPS(Basic)NAV(₹)P/ERoNW (%)Adani Wilmar Ltd37195.76.3728.86[●]22.1% Peer Group Hindustan Unilever Ltd4702834.03202.9969.6316.8%Britannia Industries Ltd13136.177.4148.846.7951.6%Tata Consumer Products Ltd116029.3169.5778.656%Dabur India Ltd9561.79.5843.5759.0522%Marico Ltd80489.0825.2354.0336.8%Nestle India Ltd13350215.98209.4489.73103.1%
Particulars (Rs. In Millions)FY 2021FY 2020FY 2019Equity Share Capital1,142.951,142.951,142.95Other Equity31,838.4624,564.0219,967.12Net Worth32,981.4125,706.9721,110.07Total Borrowings19,040.0823,002.7618,294.56Revenue from Operations370,904.22296,570.36287,974.59EBITDA14,305.5914,194.7512,534.57Profit Before Tax7,566.416,090.135,672.52Net Profit for the year7,276.494,608.723,755.21
DISCLAIMER:
The information contained herein are strictly confidential and are meant solely for the information of the recipient and shall not be altered in any way, transmitted to, copied or distributed, in part or in whole, to any other person or to the media or reproduced in any form, without prior written permission of Swastika Investmart Ltd. (“SIL”). The contents of this document are for information purpose only. This document is not an investment advice and must not alone be taken as the basis for an investment decision. Before taking any decision to invest, the recipient of this document must read carefully the Red Herring Prospectus (“RHP”) issued to know the details of IPO and various risks and uncertainties associated with the investment in the IPO of the Company. All recipients of this document must before acting on the given information/details, make their own investigation and apply independent judgment based on their specific investment objectives and financial position. They can also seek appropriate professional advice from their own legal and tax consultants, advisors, etc. to understand the risks and investment considerations arising from such investment. The investor should possess appropriate resources to analyze such investment and the suitability of such investment to such investor’s particular circumstances before making any decisions on the investment. The Investor shall be solely responsible for any action taken based on this document. SIL shall not be liable for any direct or indirect losses arising from the use of the information contained in this document and accept no responsibility for statements made otherwise issued or any other source of information received by the investor and the investor would be doing so at his/her/its own risk. The information contained in this document should not be construed as forecast or promise or guarantee or assurance of any kind. The investors are not being offered any assurance or guaranteed or fixed returns on their investments. The users of this document must bear in mind that past performances if any, are not indicative of future results. The actual returns on investment may be materially different than the past. Investments in Securities market products and instruments including in the IPO of the Company are highly risky and they are generally not an appropriate avenue for someone with limited resources/ limited investment and low risk tolerance. Such Investments are subject to market risks including, without limitation, price, volatility and liquidity and capital risks. Therefore, the users of this document must carefully consider all the information given in the RHP including the risks factors before making any investment in the Equity Shares of the Company.
Swastika Investmart Ltd or its analysts did not receive any compensation or other benefits from the companies mentioned in the report or third party in connection with preparation of the research report. Accordingly, neither Swastika Investmart Ltd nor Research Analysts have any material conflict of interest at the time of publication of this report. Compensation of our Research Analysts is not based on any specific merchant banking, investment banking or brokerage service transactions. Swastika Investment Ltd may have issued other reports that are inconsistent with and reach different conclusion from the information presented in this report. Research entity has not been engaged in market making activity for the subject company. Research analyst has not served as an officer, director or employee of the subject company. We have not received any compensation/benefits from the Subject Company or third party in connection with the Research Report.
CORPORATE & ADMINISTRATIVE OFFICE - 48, Jaora Compound, M.Y.H. Road, Indore - 452 001 | Phone 0731 - 6644000
Compliance Officer: Ms. Sheetal Duraphe Email: compliance@swastika.co.inPhone: (0731) 6644 241
Swastika Investmart Limited, SEBI Reg. No. : NSE/BSE/MSEI: INZ000192732 Merchant Banking: INM000012102 Investment Adviser: INA000009843 MCX/NCDEX: INZ000072532 CDSL/NSDL: IN-DP-115-2015 RBI Reg. No.: B-03-00174 IRDA Reg. No.: 713.
According to SEBI requirements, all stock market trades must be placed through a Member of the Exchange - a stock brokerage company. A brokerage house, often known as a broker, is an institution that acts as an intermediary in transactions involving securities such as stocks, mutual funds, ETFs, and others. A top stockbroker will assist you with transactions, and provide investment advice, tax-saving ideas, retirement planning guidance, and asset management services. They will walk you through all the steps required to invest in the stock market.
A conventional stockbroker offers its clients a wide range of services, including trading (stocks, commodities, and currencies), advising, research, asset management, and retirement planning. A conventional broker often allows you to trade a wide range of financial instruments, including Forex trading online, mutual funds, pension plans, insurance, bonds, IPOs, and FDs. Because of these added features, if you wish to hire someone to manage your money and assets, a conventional or full-service broker.
Swastika Investmart is one of India's major full-service stock brokerage firms, serving individual and institutional clients across all capital market categories. Swastika has a strong research staff, a powerful digital online trading platforms Swastika 2.0, a huge branch network, and a franchisee base that helps it to conduct thousands of secondary market deals every day.
Swastika offers a wide range of services, including mutual funds, a wide range of choices for investing in stocks, and derivatives (stocks, commodities, and currencies). Additionally, it provides investment banking services, funding for margin trades, and third-party products like insurance.
Swastika has around 3 lakh accounts for customers and 80 + Branches located all over India. It is a SEBI-registered entity that is registered with the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). We are also a depository participant with National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL).
You will get the greatest trading experience possible thanks to the best-in-industry trading app mixed with cutting-edge technology. Swastika app is an Indian stock market trading app that is suitable for both traders and newbies. It is simple to use and free.
When you are ready to begin trading stocks, one of the most important decisions you have to make is selecting a stock broker. With over a dozen share brokers in India offering incredible brokerage services, it might be difficult to find the brokerage business that works best for you. Before you can begin investing, you must register with a brokerage firm that handles all of your transactions. If you are one of the traders looking for the top online brokerage business, then Swastika Investmart might be the right choice for you.
A top stock broker gives its clients the choice to invest in a wide range of securities, including stocks, bonds, ETFs, futures, options, and real estate investment trusts. Even if you simply want to trade stocks, for the time being, you should still think about the prospect of trading other assets in the future. Your brokerage business should be able to give you information on all of these options.
A top stockbroker in India would provide a wide range of recommendations, including investing and diversification suggestions, retirement plans, and tax-saving strategies. It is critical to select a broker that provides research advice that is valuable to you. When selecting an online stockbroker in India, This is one decision that must be made after careful consideration. The more time you are ready to devote to research, the easier it will be for you to trade in the share market.
Even experienced investors require assistance at times, therefore it is critical to select a stockbroker that provides the best customer support. Swastika Investmart support team is available 24/7. The helpdesk picks up your call in just 3 rings. This is one of the distinguishing features that make Swastika as an online stock broker stand apart from the best stockbrokers in India.
If you are a trader who prefers physical places, you should select a stockbroking firm with many branches throughout India. One of the best stock broker in India would is Swastika Investmart which has over 80+ branches throughout India.
A top stock broker in India would also provide you with a personalized relationship manager that will help you in guiding you through your trades.
घरेलु वायदा बाजार में सोना पिछले सप्ताह में 1000 रुपये और चांदी 3400 रुपये टूट गई जिससे सोने के भाव 47800 रुपये प्रति दस ग्राम और चांदी 61600 रुपये प्रति किलो के स्तरों पर पहुंच गए। फेड द्वारा ब्याज दरे जल्दी बढ़ाने के संकेत से सोने के विपरीत दिशा में चलने वाला डॉलर, पिछले सप्ताह करीब 2 प्रतिशत तेज़ हुआ और अमेरिकी बॉन्ड यील्ड भी 1.82 प्रतिशत के ऊपर निकल गई। हालांकि, वर्ल्ड गोल्ड कॉउंसिल ( डब्ल्यूजीसी ) के मुताबिक 2021 में सोने की मांग अच्छी रहने के बावजूद 2022 में इसकी मांग में और भी इजाफा होने का अनुमान लगाया है।
डब्ल्यूजीसी के भारतीय ऑपरेशन के क्षेत्रीय मुख्य कार्यकारी अधिकारी ने कहा कि इस साल सोने की खपत छह साल के उच्चतम स्तर 800 से 850 टन तक पहुंचने की संभावना है, जबकि 2021 में 797.3 टन थी और पांच साल की औसत खपत 667 टन है। भारत की सोने की खपत में पिछले साल 79 प्रतिशत की बढ़ोतरी दर्ज की गई है। डब्ल्यूजीसी की दिसंबर रिपोर्ट के मुताबिक भारत में उच्च आयात शुल्क होने के बावजूद सोने का आयात बढ़ा है और ज्वेलरी की मांग एक दशक में दोगुना हो चुकी है।
भारत में कीमती धातुओं को लेकर नई नीति का निर्धारण और उन्नत तकनीक लाने से इनमे पारदर्शिता बढ़ेगी जो एसेट क्लास के रूप में सोने के लिए महत्वपूर्ण होगी। कच्चे तेल में आपूर्ति पहले से बाधित है साथ ही रूस और यूक्रेन के बीच तनाव बढ़ने से तेल और गैस की आपुर्ती में आगे भी बाधा उत्पन्न होने की सम्भावना के चलते इनके भाव में लगातार बढ़ोतरी हो रही है जिससे मुद्रास्फीति भी बढ़ने के अनुमान है। भूराजनितिक तनाव में आगे भी बढ़ोतरी हुई तो यह सोने और चांदी को निचले स्तरों पर सपोर्ट कर सकता है।
चीन में इस सप्ताह स्प्रिंग फेस्टिवल होने से बाजार बंद रहेंगे। बुधवार को ओपेक-नॉन ओपेक देशो की बैठक, गुरुवार को बैंक ऑफ़ इंग्लैंड और यूरोपियन सेंट्रल बैंक की मौद्रिक नीति और शुक्रवार को अमेरिकी पैरोल के आंकड़े महत्वपूर्ण है।
सोने और चांदी के भाव इस सप्ताह अस्थिरता के साथ दबाव में रह सकते है। सोने को 47300 रुपये पर सपोर्ट और 48300 रुपये पर प्रतिरोध है। चांदी को 60000 रुपये पर सपोर्ट और 63000 रुपये पर प्रतिरोध है।
Trust Our Expert Picks
for Your Investments!