Upcoming IPOs in December 2021 | Motilal Oswal

Upcoming IPOs in December 2021

The month of November saw a string of IPOs releasing, leaving the investors with a mixed feeling. India’s biggest IPO till date, PAYTM, worth Rs 18,300 Crores went public in November 2021. Sigachi Industries, which went public on 15th November, 2021, returned more than 250% on investment, making it one of the top performing IPOs of the Month. Looking at this, here we bring to you the next IPOs that are queued up to go public in the last month of the year 2021. So, let’s take a look at the upcoming IPOs in December 2021.

  • Upcoming IPOs in December 2021

Two of the most important details of upcoming IPOs that you absolutely need to know are the opening and closing dates. Therefore, let’s quickly take a look at them. 

Sr No

Name of the Company

Opening Date

Closing Date

1

Gemini Edibles and Fats Ltd

To be announced

To be announced

2

Keventer Agro Ltd

To be announced

To be announced

3

Adani Wilmar Ltd

To be announced

To be announced

4

VLCC Healthcare Ltd

To be announced

To be announced

5

Metro Brands Ltd (Metro Shoes)

To be announced

To be announced

 

Now that you’re acquainted with the list of IPOs in December 2021, here are some of the details of the companies and their public issues.

  • Gemini Edibles and Fats ltd

Headquartered in Hyderabad, Telangana, Gemini Edibles and Fats Ltd is one of the leading and the fastest growing edible oils and fats companies in India. The company manufactures, distributes and brands edible oils and specialty fats in the country. With its brand ‘Freedom’, the oil manufacturing company ranks amongst the top companies in the category in the states of Telangana, Andhra Pradesh, and Odisha, and holds the third largest market share in the state of Karnataka. Despite being a regional player, the company is ranked amongst the top two companies by market share in the branded sunflower oil category on a pan India basis as of Fiscal 2021. The operations of the company are integrated throughout the edible oils and fats value chain, from the importing of crude edible oil to the processing, packaging and distribution of its products. Its range of edible oils and fats are sold to the customers under three verticals, i.e., branded retail consumer, industrial consumer and bulk merchandising. According to the DRHP filed by the company, the IPO will aim to raise Rs 2500 Crores, slated to go live anytime in the month of December 2021.

  • Keventer Agro Ltd

Based out of Kolkata, Keventer Agro Ltd, is a fast moving consumer goods (FMCG) company, which keeps interest in packaged, dairy, and fresh food products. The company’s comprehensive range of products are spread across various brands and categories with more than 90 SKUs as of March 31, 2021. It has also established  a presence across the value chain in the fresh, frozen and ambient long shelf life food product categories. The company’s primary business comprises packaged foods & beverage; and dairy & fresh segments. The packaged foods & beverage category involves the manufacturing, packaging, marketing, distribution of products including “Frooti” or “Appy” or “B Fizz” or “Appy Fizz” or “Bailey” or “Smoodh” which are licensed to pursuant to various franchise agreements entered into with Parle Agro Private Limited (“Parle Agro”).  The IPO will aim to raise a fresh issue of Rs 350 crores, and an additional issue by the offer for sale, which is yet to be announced.

  • Adani Wilmar Ltd

Adani Wilmar is one  of  the  few  large  FMCG  food  companies  in  India  which offers most  of  the essential  kitchen  commodities  for  Indian consumers, including edible oil, wheat flour, rice, pulses and sugar. The company offers a range of staples such as wheat flour, rice, pulses and sugar. The products are offered under a diverse range of brands across a broad price spectrum and cater to different customer groups. Adani Wilmar is a joint venture incorporated in 1999 between the Adani Group, which is a multinational diversified business group with significant interests across transport and logistics, and energy and utility sectors, and the Wilmar Group, one of Asia’s leading agribusiness groups which was ranked among the largest listed companies by market capitalization on the Singapore Exchange as of June 30, 2021. The company’s portfolio of products is spread across three categories: (i) edible oil, (ii) packaged food and FMCG, and (iii) industry essentials. The IPO aims to raise Rs 4500 Crores, which is slated to go live in December 2021.

  • VLCC Healthcare Ltd

Founded in 1996, VLCC Healthcare Ltd is a beauty and wellness company. The company primarily operates its business through its three core business models: 1) Wellness & Beauty Clinic; 2) Personal care products; and 3) Institutes for skill development in beauty and nutrition. As of March 31, 2021, the company serves customers across 310 locations in 143 cities and across 12 countries in South Asia, South East Asia, the Gulf Cooperation Council Region (“GCC Region”) and East Africa. In the Fiscal 2021, the company reported a total income of Rs 5,652.42 million, and a profit of Rs 62.42 million, with an EBITDA of Rs 1,501. 19 million. The IPO will issue a fresh issue of Rs 3,000 million, which will be coming out in December 2021.

  • Metro Brands (Metro Shoes) Ltd

Metro Brands is one of the largest Indian footwear speciality retailers, and ranks amongst the aspirational Indian brands in the footwear category As of March 31, 2021, the Company operated 586 Stores across 134 cities spread across 29 states and union territories in India. The company had the third highest number of exclusive retail outlets in India, in Fiscal 2021. In Fiscal 2019, 2020, and 2021, the business recorded an EBITDA Margin of 27.72%, 27.51% and 21.36%, respectively (on a consolidated basis). Additionally, in Fiscal 2021, it recorded the highest net profit margin of 8.1% among footwear players having a retail business model for reaching customers. The company retails footwear brands of Metro, Mochi, Walkway, Da Vinchi and J. Fontini, as well as certain third-party brands such as Crocs, Skechers, Clarks, Florsheim, and Fitflop, under its own brand. The company is coming out with an IPO in December 2021, which will consist of a fresh issue of Rs 2500 million!

Other expected IPOs in December 2021

The ones you read above aren’t the only IPOs coming out in December 2021. There are certain others still in the pipeline! Let’s take an overview of those!

Sr No

Name of the company

Opening Date

Closing Date

1

Go Airlines Limited

To be announced

To be announced

2

Seven Islands Shipping Limited

To be announced

To be announced

3

Aadhar Housing Finance Limited

To be announced

To be announced

4

Ixigo - Le Travenues Technology Limited

To be announced

To be announced

5

Paradeep Phosphates Limited

To be announced

To be announced

 

Conclusion

So, now that you have the list of upcoming IPOs going live in the month of December 2021, make yourself investment-ready and get the opportunity to invest in some new-age technology-empowered companies. But before you decide to invest, ensure that you have an online trading and Demat Account with a SEBI registered stockbroker!

If you are a new investor, open a Demat account with us.

If you already have a Demat Account with Motilal Oswal, make sure you check out this page for more updates on the IPO calendar. Stay tuned!

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