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||IPO size (approximate value)||Dates (tentative)|
|Tega Industries IPO||Rs. 619 crores||December 01-03, 2021|
|Anand Rathi Wealth IPO||Rs.636 crores||December 02-06, 2021|
|Rate Gain Travel IPO||Rs.1335.74 crores||December 07-09, 2021|
|Star Health & Allied Insurance IPO||Rs. 3,000 crores||December 08, 2021|
|Shriram Properties Ltd.||Rs. 575 crores||December 08-10, 2021|
|CE Info Systems IPO||Rs. 704 crores||December 09-13, 2021|
|Metro Brands IPO||Rs. 1326 crores||December 10-14, 2021|
|Medplus Health Services Ltd. IPO||Rs. 981 crores||December 13-15, 2021|
|Data Patterns IPO||Rs. 395 crores||December 14-16, 2021|
|HP Adhesives Ltd.||Rs. 120 crores||December 15-17, 2021|
|Supriya Lifescience Ltd.||Rs. 700 crores||December 16-20, 2021|
|CMS Info Systems Ltd.||Rs. 770 crores||December 21-23, 2021|
|Keventer Agro Limited||Rs 800 crores||To be announced|
|VLCC Health Care||Rs. 300 crores||Mid December|
|Gemini Edibles & Fats India Ltd||Rs. 800 crore||To be announced|
|India1 Payments Ltd||Rs. 150 crore||To be announced|
|Healthium Medtech Limited||Rs. 390 crores||To be announced|
|Godavari Biorefineries||Rs. 360 crores||To be announced|
|Go Airlines IPO||To be announced||To be announced|
|Tamilnad Mercantile Bank||To be announced||To be announced|
|Electronics Mart India Ltd||To be announced||To be announced|
|AGS Transact Technologies Ltd||To be announced||To be announced|
|Adani Wilmar||To be announced||To be announced|
- Star Health and Allied Insurance Company IPO
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.
Star Health and Allied Insurance Company IPO 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.
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 IPO
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|
|CE Info Systems IPO Closing Date||Dec 13, 2021|
|Allotment finalised on||Dec 16, 2021|
|Refunds initiation||Dec 17, 2021|
|Credit of Shares to Demat Account||Dec 20, 2021|
|CE Info Systems IPO Listing Date||Dec 21,2021|
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
|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||Dec 14, 2021|
|Data Patterns IPO Closing Date||Dec 16, 2021|
|Allotment finalised on||Dec 21, 2021|
|Refunds initiation||Dec 22, 2021|
|Credit of Shares to Demat Account||Dec 23, 2021|
|Data Patterns IPO Listing Date||Dec 24, 2021|
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.
Shriram Properties IPO
A part of the prominent business group, Shriram Group, Shriram Properties is a major residential real estate development company in the southern part of India. Known to offer affordable houses, the company has already completed 25 projects. With its IPO being rolled out today and to be concluded on 10 December, there is certainly going to be a stir in the market.
|Shriram Properties IPO Opening Date||8 December 2021|
|Shriram Properties IPO Closing Date||10 December 2021|
|Allotment finalised on||15 December 2021|
|Refunds initiation||16 December 2021|
|Credit of Shares to Demat Account||17 December 2021|
|Shriram Properties IPO Listing Date||20 December 2021|
What’s happening with the Shriram Properties IPO?
Shriram Properties is a strong brand name with an established history, making it a reliable and trustworthy company. Owing to its strong financial position in the market, the company seems to be in a position to benefit from industry developments. With the price band of Rs. 113 to Rs 118 per share, the company has raised about Rs. 268 crores from its anchor investors before the launch of its IPO.
Known as the backbone of the country’s governments and businesses, MapmyIndia has been serving as the primary provider of geospatial software and digital maps. Founded in the year 1995, the pioneer company powers Apple maps and has worked with over 5000 clients. The company’s net profit which was Rs. 23 crores in the financial year 2020, has surged to Rs 59 crores this year. The Rs 1040 crore initial share sale is set to open on 9 December 2021.
|MapmyIndia IPO Opening Date||9 December 2021|
|MapmyIndia IPO Closing Date||13 December 2021|
|MapmyIndia IPO Price||Rs. 1000 to Rs. 1033|
|Refunds initiation||17 December 2021|
|Credit of Shares to Demat Account||20 December 2021|
|MapmyIndia IPO Listing Date||21 December 2021|
What’s happening with the MapmyIndia IPO?
The company has a profitable business model along with a consistent track record. The reservation of the issue size is 50% for the qualified institutional buyer, 35% for retail investors and 15% for the non-institutional. With 14 equity shares as the minimum bid, investors looking for long term gains can park their money in the MapmyIndia IPO.
Metro Brands IPO
With the first store opened in 1955 in Mumbai, Metro Brands is one of the most well-known footwear brands in the country. Backed by Rakesh Jhunjhunwala, the ace investor, the compnay owns several shoe brands including Metro, Mochi and J Fontini. The IPO of Metro Brands is said to hit the stock market on Friday December 10.
|Metro Brands IPO Opening Date||10 December 2021|
|Metro Brands IPO Closing Date||14 December 2021|
|Allotment finalised on||17 December 2021|
|Refunds initiation||20 December 2021|
|Credit of Shares to Demat Account||21 December 2021|
|Metro Brands IPO Listing Date||22 December 2021|
What’s happening with the Metro Brands IPO?
With the aim to expand its retail, the Metro Brands IPO is forecasting to raise over Rs. 1,367 crores. The proposed price band per share will be of Rs. 485 to Rs. 500. There are currently 586 stores spead across 139 cities, however the management is hoping to add almost 260 more company-owned stores after the launch of the IPO.
MedPlus Health IPO
MedPlus Health is a pharmacy retail brand that was established in the year 2006 and now they have 2165 stores spread across Andhra Pradesh, Odisha, Tamil Nadu, Maharashtra and Karnataka. MedPlus Health IPO’s public subscription will begin on December 13 and conclude on December 15.
|MedPlus Health IPO Opening Date||13 December 2021|
|MedPlus Health IPO Closing Date||15 December 2021|
|Allotment finalised on||20 December 2021|
|Refunds initiation||21 December 2021|
|Credit of Shares to Demat Account||22 December 2021|
|MedPlus Health IPO Listing Date||23 December 2021|
What’s happening with the MedPlus Health IPO?
The 3-Day IPO of this Hyderabad-based pharmacy, has a price band of Rs 780 to Rs 798 a share. The initial share-sale of Rs. 1,398 also comprises 600 crores of equity shares. As an investor one can bid for minimum 18 shares, and or those who are seeking more lots, can invest in multiples of 18. The company plans to scale up the store network and will use most of the proceeds of the fresh issue for the funding.
HP Adhesive IPO
Another company to have received SEBI approval to raise funds through an IPO is HP Adhesive. HP Adhesive Limited is a well-known company that manufactures adhesives and sealants that are further used in industries such as building/construction, foam-furnishing, woodwork, automotive etc. The Maharashtra-based company has 4 depots in Indore, Kolkata, Delhi and Bengaluru. With its diverse product portfolio, the company enjoys a diverse customer base as well.
|HP Adhesive IPO Opening Date||15 December 2021|
|HP Adhesive IPO Closing Date||17 December 2021|
|Allotment finalised on||22 December 2021|
|Refunds initiation||23 December 2021|
|Credit of Shares to Demat Account||24 December 2021|
|HP Adhesive IPO Listing Date||27 December 2021|
What’s happening with the HP Adhesive IPO?
The IPO will consist of a fresh issue of 41.40 lakh equity shares along with an offer-for-sale consisting of 4,57,200 equity shares. The proceeds that the company collects from the fresh issues would be further utilised for existing as well as proposed expansions and also for general corporate purposes.
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.
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.
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.
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.