Business

Companies Which Are All Set To Launch Their IPO In 2021

After reviewing the success and results obtained from the IPO division in the year 2020, many companies have decided to launch their IPO in 2021 as well. Here is a list of some well known companies which are all set to launch their IPO in 2021.

  1. Zomato

The online food delivery service company, Zomato has opened their IPO of INR 9,375 crore on the 14th of July, Wednesday. The offer will be working till the 16th of July, Friday. The Indian origin company, Zomato was founded by Pankaj Chaddah and Deepinder Goyal in 2008. Currently Zomato operates in India as well as in 24 other countries. The company’s IPO segment in 2021 marks a substantial spike as it has increased from the previous IPO of Rs 8,250 crore to the current value of Rs 9,375 crore. The IPO launched by zomato is divided in accordance with the following sectors:

  • 75% for Qualified Institutional Buyers
  • 15% for Non Institutional Investors
  • 10% for retail investors.

  1. Nykaa

The Indian online beauty platform, Nykaa was set to launch their IPO in the early part of July 2021. Nykaa has evaluated to a worth of around $4.5 billion, which is a huge increase from its previous evaluation of $3 billion. This spike is believed to be a result of online shopping that customers have resorted to amidst the pandemic. The company was founded by Falguni Nayyar in the year 2012. According to resources, the founder of the company has decided to keep the IPO between $500 million to $700 million.

  1. Paytm

Another renowned company which will be launching their IPO in 2021 is Paytm.

Paytm is an online payment application, which was founded by Vijay Shekhar Sharma in 2009. Previously this company went by the name One97 Communications. Word has been out that paytm has drafted their first documentation of the IPO process with the Securities and Exchange Board of India on 15th July. Reportedly through this IPO, paytm aims to raise Rs 12,000 crore.

  1. Bajaj Energy

Bajaj Energy which comes under the company Bajaj Group has also planned to issue their IPO in the year 2021. However, the exact date of the launch has not been disclosed yet. Bajaj Energy is one of the most prominent thermal generating companies and comprises of a total capacity of 2430MW. Through this IPO, the company aims to raise a total of Rs 5450 crores.

The issues entailed in the company’s offer are mainly:

  • A fresh issue with a value of Rs 5,150 crore
  • An offer for sale issue of shares which is evaluated to be around Rs 300 crore by Bajaj Power Ventures.

  1. CarTrade Tech Ltd

Another renowned company which has decided to launch their IPO in 2021 is CarTrade Tech Ltd. CarTrade which is an online buying and reselling platform for automobiles, has filed a draft red herring prospectus with the SEBI to issue their IPO. Through this IPO the company intends to raise a total of Rs 2000 crore. The divisions of the IPO mainly include:

Owners Shares Investment at CarTrade
CMDB II 1.61 million 11.93%
Highdell Investment 5.38 million 34.44%
Macrithie Investments Pte. 3.57 million 26.48%
Springfield Venture International 1.12 million 7.09%
Bina Vinod Sanghi 1.83 million

CarTrade Tech Ltd was founded by Vinay Sanghi in the year 2009. The company’s headquarters are located in Mumbai, Maharashtra.

Some of the companies that have already launched an IPO in 2021

Company Rupees per share Date of Issue
Barbeque Nation Rs 500 per share 7th April
Kalyan Jewellers Rs 87 per share 26th March
Indigo Paints Rs 1,490 per share 2nd February
Stove Kraft Rs 358 per share 5th February
HFFC Rs 518 per share 3rd February
Nureca Rs 400 per share 25th February
Heranba Rs 627 per share 5th March
Nazara Tech Rs 1,101 per share 30th March

This article informs about five of the most renowned and best companies in India who will be launching their IPO in this very year 2021. This article entails every detail about the companies that you need to keep in mind, if you are willing to take part in these IPOs. Make sure you look out for these companies while taking part.

Kangkhita Pujari

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