Upcoming IPOs in December 2021

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  • November 25, 2021
Upcoming ipo

For new as well as seasoned investors, IPOs or Initial Public Offerings are often an attractive prospect. Purchasing the right stock of the right company might do wonders for your investment. Over the past few months, IPOs have been able to gather a lot of buzz. Till September 2021, more than 40 firms launched their IPOs in the Indian market raising the bar to a whopping 700 billion rupees. 

As we know, when a company, new or old, decides to get listed on the stock exchange and go public, it does so through an IPO. IPOs, thus, are instrumental in raising funds for the company. Investors too, when investing in a company whose value increases with time, enjoy the benefits. 

The Indian stock market is currently running high and attracting massive valuations, and so the IPO fancy is on an all-time high. As more and more companies are lining up to raise funds amidst this high, we bring to you a list of the top 5 upcoming IPOs in December 2021. Please bear in mind that these companies are expected to launch their IPOS. The exact dates will be updated as and when official communications come through.

With the Sebi approval on IPO, many companies will be making a debut on the stock market. Let us take a quick look at the upcoming IPOs in December 2021 that you can watch out for: 

Name of the Company Approximate Size of IPO Tentative Dates
Star Health & Allied Insurance Rs. 3,000 crores December 8
Keventer Agro Limited Rs 800 crores To be announced
Tamilnad Mercantile Bank  To be announced To be announced
Data Patterns Rs. 300 crores To be announced
Electronics Mart India Ltd To be announced To be announced
VLCC Health Care  Rs. 300 crores Mid December
Metro Brands Rs. 250 crores To be announced
Gemini Edibles & Fats India Ltd Rs. 800 crore To be announced
CE Info Systems To be announced To be announced
India1 Payments Ltd Rs. 150 crore To be announced
Healthium Medtech Limited Rs. 390 crores To be announced
AGS Transact Technologies Ltd To be announced To be announced
Tega Industries Rs. 619 crores December 1 to 3
Adani Wilmar To be announced To be announced
Godavari Biorefineries  Rs. 360 crores To be announced
Anand Rathi Wealth Rs.636 crores December 2 to 6
Rate Gain Travel Rs.1335.74 crores December 7 to 9
Go Airlines To be announced December 8 to 10
Data Patterns India To be announced December 8 to 10

 Please bear in mind that these companies are expected to launch their IPOS. The exact dates will be updated as and when official communications come through.

  • Star Health and Allied Insurance Company

With a tentative issue size of Rs. 3,000 crores, another awaited option is the Star Health and Allied Insurance Company IPO. Held by a consortium of investors, the company has set the share price at around Rs 900 per share. The company plans to open for subscription between November 30th to December 2nd. The IPO would include a fresh issue of Rs. 2,000 crores along with about 58.32 million shares.

What’s happening with Star Health and Allied Insurance Company IPO?

One of the prominent names on the Sebi approved IPO company list, Star Health and Allied Insurance Company is the country’s largest private health insurance company.

In the financial year 2021, the company recorded a 31.4% CAGR jump in the gross premiums

  • Keventer Agro Limited

The Kolkata-based Keventer Agro Limited is a prominent player in the diary, fresh and packaged food sector. With a tentative issue size of Rs 800 crores, the company is soon to float its IPO. With a current turnover of Rs 1,000 crores, it is expected that post the IPO the valuation may go beyond Rs 2,500 crores.

What’s happening with Keventer Agro Limited IPO?

This fast-moving consumer goods company offers a comprehensive range of products

The company has already established itself as the major dairy player in eastern India

  • Tamilnad Mercantile Bank IPO

With a century-long history, Tamilnad Mercantile Bank Limited is one of the most prominent private sector banks. As per CRISIL, the bank earned the second-highest Net Profit in the Fiscal year 2021. The bank is waiting for an affirmation from the SEBI to float its IPO of 15,840,000 equity shares in the market.

What’s happening with Tamilnad Mercantile Bank IPO?

The bank has seen major growth in the financial year 2021, where its profits grew by almost 48%

  • Adani Wilmar Limited IPO

A collaboration between Adani Group and Wilmar Group, Adani Wilmar is a well-known name in kitchen and industry essentials. With total assets worth Rs 133,266. 40 million, the company continues to boast a broad client reach.
The opening dates of the IPO have still not been confirmed but it is ascertained that the issue size would aggregate up to Rs. 4,500 crores.

What’s happening with Adani Wilmar Limited IPO?

In the financial year 2021, the company registered a rise of 24% in its revenues.

While trying to be the country’s largest food company by 2027, the Adani Wilmar Limited IPO will be an effort to muscle its way up.

  • Tega Industries IPO

Another name on the Sebi IPO list is Tega Industries. A well-renowned name in the mineral beneficiation industry, Tega Industries have a strong foothold across the mining locations in the world. The company financials of Tega Industries stand at an impressive Rs 1,018 crores.

Approximate Size of IPO Opening Date  Closing date 
Rs. 619 crores 1 December 2021  3 December 2021

What’s happening with Tega Industries IPO?

One of the largest producers of polymer-based mill liners

Net cash generated from operating activities in the financial year 2020-21 Rs. 1,702.46 million.

Rate Gain Travel IPO

A Software as a Service (SaaS) company, Rate Gain Travel offers multiple solutions in the travel and hospitality industry that include hotels, travel agents, cruises, vacation rentals etc. The company is soon making an entry in the stock market with its IPO, which will be open for public subscription on 7 December 2021 with the price band ranging from Rs. 405 to Rs 425 a share.

Important Dates for RateGain IPO

RateGain IPO Opening Date Dec 7, 2021
RateGain IPO Closing Date Dec 9, 2021
Allotment finalised  on Dec 14, 2021
Refunds initiation Dec 15, 2021
Credit of Shares to Demat Account Dec 16, 2021
RateGain IPO Listing Date Dec 17, 2021

What’s happening with the Rate Gain Travel IPO?

With an already strong position in the fragmented market, Rate Gain Travel IPO is quite anticipated. There has been a constant increase in the use of technology in travel and hospitality, and investors are suggested to subscribe to the IPO for long term gains.

CE Info Systems IPO 

A leading supplier of mapping software C.E. Info Systems better known as MapmyIndia was established in 1995. With a strong base of more than 5000 customers, CE Info Systems has truly pioneered virtual navigation in the country. With a rigorous viable business framework, the company is now set to launch its IPO on December 09, 2021 (tentatively).

Important Dates for CE Info Systems IPO 

CE Info Systems IPO Opening Date Dec 9, 2021 (Tentative date)
CE Info Systems IPO Closing Date Yet to be announced
Allotment finalised  on Yet to be announced
Refunds initiation Yet to be announced
Credit of Shares to Demat Account Yet to be announced
CE Info Systems IPO  Listing Date Yet to be announced

What’s happening with the CE Info Systems IPO?

In the financial year 2021, CE Info Systems has reported a whooping growth of 156%, which takes the net profit to Rs. 59.43 crores. Having completed 21 years in the business, the company is indeed a trusted investment. 

Go Air IPO

Go Air, one of the famous budget airlines from India is reportedly planning to launch an IPO on the 8th of December. Go Air is currently rebranding itself. The brand has renamed itself as Go First. The IPO was put on hold by SEBI in June 2021. The amount raised from the IPO would be used to repay loans and oil companies. The Go Air IPO is expected to raise Rs 3600 crore. 

Go Air IPO Opening Date To be announced
Go Air IPO Closing Date To be announced
Allotment finalised  on To be announced
Refunds initiation To be announced
Credit of Shares to Demat Account To be announced
Go Air IPO Listing Date To be announced

What’s happening with the Go Air IPO?

Go Air aims to achieve its goal of reducing unit costs by leveraging fuel efficiency of its A320 NEO fleet. The impact of COVID-19 lockdowns and other future restrictions on travel can impact the industry at large. Analysts feel Go Air can be considered by long-term investors.

Anand Rathi Wealth Limited IPO

Anand Rathi Wealth Limited is one of India’s leading NBFCs and non-banking mutual fund distributors. The company also distributes non-convertible market linked debentures. They provide a mix of wealth solutions and hence, cater to a broad market. The Anand Rathi Wealth Limited IPO opened on Dec 2nd, 2021 and goes on till December 6th, 2021

Events Important Dates
Application opens on 2 December, 2021
Last date of application 6 December, 2021
Date of allotment 9 December, 2021
Refund begins from 10 December, 2021
Stocks get credited in DEMAT A/C on 13 December, 2021
Listing Date 14 December, 2021

What’s happening with the Anand Rathi Wealth Limited IPO?

Anand Rathi Wealth Limited IPO entirely comprises Offer for Sale of up to 1,20,00,000 Equity Shares by the selling shareholders. It is said that with the capital market growing at the current pace, an NBFC like Anand Rathi Wealth has a lot of scope for growth. 

Data Patterns IPO

Incorporated in the year 1985, Data Patterns is a Chennai-based supplier of aerospace and defence electronics solutions. The company has a strong foothold on both the defence and aerospace platforms. With the fresh issue, Data Patterns intends to make use of the proceeds for its expansions, upgradation and also repayments of its debts. 

Data Patterns IPO Opening Date To be announced
Data Patterns IPO Closing Date To be announced
Allotment finalised  on To be announced
Refunds initiation To be announced
Credit of Shares to Demat Account To be announced
Data Patterns IPO Listing Date To be announced

What’s happening with the Data Patterns IPO?

One of the 10 companies to get a go-ahead from the Sebi for raising funds through IPOs, Data Pattern comprises equity shares that add up to Rs. 300 crore, along with an OFS of about 60.70 lakhs of shares. 

In Conclusion

If you are planning to invest in some upcoming IPOs in December 2021, it is recommended that beginner investors do so only with a small part of their portfolio. Even if it is a hot IPO and looks promising, experts advise against putting in too much cash on an individual company. Weigh the pros and cons before investing and try to diversify your hard-earned money across a few companies. This will put you in a better position and allow your money to grow more. 

FAQs

  1. Where can I get an Application Form for an IPO?

    If you are planning to invest in an IPO you can get the application form from your nearest stockbroker office or from the IPO’s syndicate member office. Generally, banks and other financial companies are the syndicate members.

  2. Can I use my UPI ID to apply for an IPO?

    Yes, as per the prevailing guidelines, as a retail investor you can use your UPI ID to apply for an IPO. But bear in mind that you would have to link your UPI handle to your bank account in order to be able to make the required payments.

  3. For how many days does an IPO stay open for the public?

    According to the Subscription list, Clause 8.8.1, public issues need to be open for a minimum period of 3 working days to a maximum of 10 working days. For Book built issues, the period of 3 to 7 days can be extended by 3 days. 

How can I apply for upcoming IPOs in December 2021?

If you are a TradeSmart Demat account holder, you can apply for an IPO through the website. In case you do not have a TradeSmart account yet, click here to sign up.
You can also link your bank account to a trusted UPI and map it with your TradeSmart account. You will then be able to book your IPO. Once the mandate is accepted the bid amount will get blocked in your bank account.

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