This is going to be a very decisive period for investors since India will host some high-profile IPOs. Here are the top 10 IPOs to observe before the end of the year, along with potential impacts and the significance market-wise.
Expected Amount of IPO: $1 billion
The tutoring arm of Byju's is preparing to have a massive IPO for Aakash Educational Services. This is to liquidate the rising online education market. The brand and market share of Byju in the educational sector will surely attract more investors for this IPO.
Expected Amount of IPO: INR 5,000 crore
Ola Electric is one of the leading players in the EV space and is planning to take its IPO soon. This would be an important milestone as it would be the first IPO of an automobile company from India in over two decades. With a solid market share of 32%, Ola Electric is well-poised to cash in on the surging demand for EVs.
Expected Amount of IPO: INR 5,000 crore
As a leading digital payments platform owned by Prosus, PayU is expected to raise heavy funds via its upcoming IPO. Using the buy-now-pay-later services among other diversions it has for its services PayU stands out as an option for significant investment.
Expected Amount of IPO: INR 4,500-5,000 crore
Emcure Pharmaceuticals has filed an IPO that includes fresh equity and an offer for sale by existing shareholders. The pharmaceutical sector remains quite resilient, and the growth potential it holds in its hands makes this IPO one to watch closely.
Expected Amount of IPO: INR 4,000 crore
Earlier, OYO had delayed its IPO multiple times due to market conditions. It now aims at raising between $400 million and $600 million.
It has revised its strategy so it can adjust the issue size according to need. This could attract renewed interest from investors.
Expected Amount of IPO: $500-600 million (INR 1,816 crore)
E-commerce portal specializing in baby products, FirstCry, is getting ready for its listing on the public platform after filing with market regulators. It will be one of the first new-age e-commerce firms to hit the public platform since Nykaa. Market participants will look at its performance closely.
Expected Amount of IPO: PO Expected Amount: INR 1,250 crore
Go Digit has resubmitted its IPO papers to SEBI after tweaking its employee stock appreciation rights scheme. The funding would be through both fresh equity and the offer for sale by existing shareholders.
Expected Amount of IPO: INR 1,000 crore
Portea Medical's parent company received SEBI approval for its IPO, which entails fresh equity issues as well as an offer for sale. The growth trajectory in the health sector renders this offering particularly more attractive in the climate of health concerns across the world.
Expected Amount of IPO: INR 700 crore
MobiKwik is trying again for an IPO with a smaller offer size compared to its previously planned one. The fintech company has scaled back its plans after having faced resistance in the market sometime back, and now it is a testament-worthy contender as it aims for investor confidence once again.
Expected Amount of IPO: INR 11,327 crore
Swiggy's latest IPO launch has been highly visible for its size and the robust interest of institutions it has garnered. While some HNIs have shown lukewarm responses, Swiggy remains one of the largest upcoming offers in India's food delivery space.
The next few months look exciting for an investor with such significant IPOs. Each company is unique in terms of strengths and market potential, so they could affect their respective sectors and overall investor sentiments in the Indian capital markets. These days before the public listing of each of these companies, investors would like to pay close attention to developments and market reactions heading into those IPOs.
In summary, these IPOs will be not just investment opportunities but also a representation of wider trends in technology adoption, healthcare innovation, and shifts toward sustainable practices within different industries in India.