- India could see a whirlwind of new initial public offerings (IPO), this year.
- At the moment, 17 companies have filed their prospectus with the market regulator Securities Exchange Board of India (SEBI).
- In total, these companies intend to raise over ₹40,000 crore.
- Last year, 14 companies got listed on the stock exchange, raising over ₹25,000 crore.
2021 could be an even better year than 2020 for companies looking to go public. While some companies have already listed on the stock exchange, there are over a dozen more who are in the process of rolling out their initial public offerings (IPO).
2020 proved to be a good year for companies trying to raise funds through IPOs. Over a dozen companies debuted on the stock exchange and raised over ₹25,000 crore in the process.
And less than halfway through 2021, there are a total of 16 companies who have filed their draft red herring prospectus (DRHP), which is a document that outlines the business of the company, its financial position, the reasons for which the company is raising money and how it will use it.
In the first five months of 2021, 18 companies got listed on the stock exchange. This list includes some big names like Nazara Technologies, Indigo Paints, RailTel, Easy Trip Planners, among others.
Additionally, other companies like Life Insurance Corporation of India, Bajaj Energy and others are expected to go public this year. However, they are yet to file the prospectus with SEBI. LIC, in particular, could launch a huge IPO of ₹70,000 crore, according to some media reports.
Upcoming IPOs in 2021
Here is a list of the upcoming IPOs in 2021. Note that the IPO dates are not known yet, but the companies have either been given approval by the Securities Exchange Board of India, or have filed their prospectus with the regulator.