Since the beginning of 2021, there is a lot of interest in upcoming IPOs (Initial Public Offerings) among investors. With the government’s disinvestment goal acting as a perfect catalyst, let us look at some of the popular IPOs expected to be floated in 2021.
Crux of the Matter
Understanding Market Parlance
Issuing new equity shares of the company and selling them to investors in an open market.
Offer For Sale
Selling of shares by an existing promoter. A mechanism that allows the promoters of the company to reduce its holdings.
Life Insurance Corporation
- LIC IPO is being touted as India’s biggest ever
- The insurer controls 72% of the market and enjoys a 66% share in total first-year premium collection
- Expected to contribute a huge chunk to GOI’s goal of ₹2.1 trillion of disinvestment in FY21
After raising $600 million from Tiger Global and others in a pre-IPO round, Zomato is expected to file for an IPO this year. This could be the first of the new-age Indian startups to go public.
The very first by an online cosmetic market, Nykaa plans to launch an IPO at the valuation of $3 billion mostly in the second half of 2021.
- One of the largest thermal energy generators, BE’s issue size is expected to be ~₹5,450 crores.
- It is also looking to acquire Lalitpur Power’s 1980 MW power plant from the proceeds of the IPO.
- One of the leading jewellery brands in India, the company is planning to raise ₹1,750 crores.
- The IPO may consist of a fresh issue of ₹1,000 crores with the rest being Offer for Sale
From the department of Railways, this ICT infrastructure provider’s tentative issue size is ₹700 crores.
Read in detail about how do IPO’s work here
- “Yogakshemam Vahamyaham“, the slogan of LIC is derived from Bhagavad Gita, which means “Your welfare is our responsibility“.
- Nykaa was founded in 2012 by Falguni Nayar. The Nykaa brand name is derived from the Sanskrit word ‘Nayaka’ which means ‘one in the Spotlight.’
- As of 2015, Indian Railways was India’s largest employer with ~1.4 million employees. It was also the world 8th largest employer.