5 Top Upcoming IPOs that will create a boom in Indian stock market

After the Corona virus, times of lockdown and high mortality rate, the world finally opened its door for new opportunities in the second half of the last year. In 2022, same momentum is repeating as various big names are lined up for their IPOs in India. If you are looking for the best upcoming IPO in India, it is necessary to keep a watch on the 5 top upcoming IPOs queued for 2022. This is the only effective way to avoid any chance of missing out. If you have already applied for some latest IPOs in recent times, don’t forget to check IPO allotment status.

For your reference, below are the top 5 IPOs that are slated for launch in 2022. These IPOs are expected to create a boom in the Indian stock market. So, let’s get to know more about them below.

• LIC IPO

Considered to be India’s biggest-ever IPO, LIC IPO is one of the most anticipated upcoming IPOs in India. In the financial year of 2022-23, LIC IPO expects to change the dynamics of the industry to a great extent. It supposed to be India’s largest-ever initial public offering with the government retailing a post of 5-10% in the insurance service provider. As per stock market analysts, the IPO size expects to rest somewhere between Rs 80,000 crore and Rs 1,00,000 crore.

According to the market experts, LIC has a plan to file the draft IPO prospectus in the last week of January in 2022, which will highlight the surrounded worth as well as the number of shares available for sale.

If investors find themselves satisfied with the $203 billion estimates wanted by the government, LIC will be competing against India’s top businesses – Tata Consultancy Services Ltd and Reliance Industries Ltd. This 5 Top Upcoming IPOs would settle for the majority of a $23.5 billion asset-sale. Its deadline required needed to fill India’s broadening budget shortfall, which expects to become 6.8% in 2022.

Issue Size: 1 lakh Crore (Approximately)

• Adani Wilmar IPO

Adani Wilmar refers to a 50:50 joint undertaking between India’s Adani Group and Singapore’s Wilmar Group. It is primarily involved the sale of cooking oils and other items under the brand name, Fortune. Adani Wilmar’s IPO can be considered a top upcoming IPO in India and is going to be launched on January 27. The price band of its share is expected to be Rs 218-230.

Issue Type                           Book Built Issue IPO

Face Value                           ₹1 per equity share

IPO Price                              ₹218 to ₹230 per equity

Open Date                    Jan 27, 2022

Close Date                    Jan 31, 2022

Market Lot                          65 Shares

Min Order Quantity           65 Shares

At present, 6 Adani group firms listed in the industry – Adani Enterprises, Adani Green Energy, Adani Transmission, Adani Total Gas, Adani Ports, and Special Economic Zone, and Adani Power. Half of the net issue is set aside for eligible institutional buyers (QIBs), while non-institutional buyers expects to get 15 percent of the shares allotted for the segment. The retail part of the IPO has set at 35 percent of the net issue.

• Mobi Kwik IPO

Started its operations in 2009, One Mobi Kwik Systems Ltd. is India’s leading e-wallet company which allows people to make payments in a single click. It is one of the top-most mobile wallets and Buy Now Pay Later (BNPL) companies in India. in addition, it also offers payment gateway support to e-commerce companies.

According to the DRHP submitted to SEBI, the tissue mass of Mobi Kwik IPO will be around Rs. 1900 crore including new share issue of up to Rs. 1500 crore. In addition, the upcoming IPO in India will provide an offer for sale with a value of Rs. 400 crores by promoters and specific shareholders. According to the best trading app, the company is hoping for an assessment of nearly $1 billion through this IPO. Qualified institutional buyers (QIBs) will give 75% of the IPO shares. And non-institutional and retail investors expect to get 15% and 10% of the shares, correspondingly.

• Ola IPO

Ola needs no introduction in India. This is one of 5 Top Upcoming IPOs that will launch in 2022. It is a leading ride-sharing company in the country. Ola is the hold of firms in India that have adopted the IPO. The most prominent among them was food-delivery firm Zomato, which made a superb debut last year.

SoftBank Group Corp. and Tiger Global Management supports the Ola. Ola has chosen Citigroup and Kotak Mahindra Bank to look after its initial public offering (IPO). It earlier expects to launched in October. The ride-sharing company is projects to raise $1 billion through the IPO.

At present, Ola has partnered with nearly 1.5 million drivers across 250 cities in India.

Issue Size – 15,000 Cr

• Bajaj Energy

Bajaj Energy is one of the largest power-generation conglomerates in India. It manufactures, finances, and runs thermal power plants across the country. The company enjoys an overall installed capacity of 2,430MW.  Company enjoys an overall installed capacity of high MW. It enjoys an overall installed capacity of some mw. This enjoys an overall installed high capacity.  It made up of 450 MW out of five running power plants of 90 MW each. The company plans to raise Rs 5450 crores through this IPO. The offer made up of a new issue with a value of Rs 5,150 crore and shares up to Rs 300 crore.

Face Value            Rs. 10

Tick Size                Rs. 1

The Conclusion

If you want to invest in a promising stock. One wonderful way to keep yourself abreast of all leading upcoming IPOs in India. The above-mentioned IPOs will perfect exceptionally when launched in the Indian stock markets.