Upcoming IPOs in January 2022 | Motilal Oswal

Upcoming IPOs in January 2022

The year 2021 saw a string of IPOs releasing, making it one of the busiest years for the IPOs in the stock market. One 97 Communications aka - PAYTM, raised around Rs 18,300 Crores in November 2021, making it the biggest IPO in India till date. Paras Defence and Space Technologies, which brought out the IPO with an issue price of Rs 175, gained more than 181% closing at Rs 492 on its listing day. The IPOs released until December 2021 raised more than 1 Lakh crores from 62 IPOs, making it the biggest year for the IPO market. And to help you plan your investments, here we bring to you the upcoming IPOs scheduled to release in January 2022

  • Upcoming IPOs in January 2022

Three of the most important details of upcoming IPOs that you absolutely need to know are the issue size, the opening date and closing date. Therefore, let’s quickly take a look at these factors. 

Sr No 

Name of the Company Tentative Issue Size Opening Date  Closing Date
1 Life Insurance Corporation of India Ltd Rs 70,000 To be announced  To be announced 
2 Delhivery Rs 7,460 To be announced  To be announced 
3 Ola Rs 7,300 To be announced  To be announced 
4 Pharmeasy Rs 6,250 To be announced  To be announced 
5 Bajaj Energy Ltd Rs 5,450 To be announced  To be announced 

Now that you’re acquainted with the list of IPOs in January 2022, here are some of the details of the companies and their public issues.

1. LIC - Life Insurance Corporation of India Ltd

India’s largest and oldest insurance company - Life Insurance Corporation of India Ltd, also recognised as LIC, is reported to issue its IPO in the fourth quarter of 2022, which is likely to happen anywhere in between January 2022 to March 2022. The LIC’s IPO will be the country's biggest IPO raising around Rs 70,000 Crores. As per reports, the life insurer has already finalised the book running managers which includes merchant bankers such as Goldman Sachs (India) Securities, Citigroup Global Markets India, and Nomura Financial Advisory to manage the sale.

2. Delhivery Ltd

Delhivery provides supply chain solutions to a diverse base of 21,342 Active Customers such as e-commerce marketplaces, direct-to-consumer e-tailers and enterprises and SMEs across several verticals such as FMCG, 158 consumer durables, consumer electronics, lifestyle, retail, automotive and manufacturing, in the three months ended June 30, 2021. The company employs high-quality logistics infrastructure and network engineering, a vast network of domestic and global partners and significant investments in automation, all of which are orchestrated by its self-developed logistics operating system that is guided in real-time by deep sources of proprietary network and environmental data. 

The company is planning to go live in January 2022, to raise upto Rs 7460 Crores, which shall consist of Rs 5000 crores of Fresh Issue and an Offer for Sale up to Rs 2460 crores. 

3. Ola 

Valued at over $3 Billion, the Bengaluru based startup OLA is gearing up for an IPO, looking to raise up to Rs 7000 crores. According to the reports, the Indian multinational ridesharing company has already raised an elemental amount through Temasek and Warburg Pincus in its pre-IPO round. The ridesharing company had recently announced its plans of entering the EV sector, making its way to a new market.

4. Pharmeasy

Pharmeasy, an API Holdings Subsidiary, is India’s largest digital healthcare platform (based on GMV of products and services sold for the year ended March 31, 2021). The company operates an integrated, end-to-end business that aims to provide solutions for healthcare needs of consumers across to provide digital tools and information on illness and wellness, teleconsultation, diagnostics and radiology tests, delivering treatment protocols including products and devices. Incorporated in March, 2019, the company has grown exponentially. The company has invested in, acquired, integrated and consolidated businesses that provide it an ability to enter adjacent offerings, with scaled operations and teams with domain understanding. Through these investments, and acquisitions the company now has deep expertise in diverse areas of healthcare offerings, and technology solutions for all stakeholders to solve for diverse use cases of healthcare delivery, that can be easily accessed across India. As per the DRHP reports, the company is planning to raise about Rs 6,250 Crores through its IPO which is slated to go live in January 2022.

5. Bajaj Energy Ltd

The Bajaj Company, along with LPGCL, is one of the largest private sector thermal generation companies in Uttar Pradesh. The company has a track record of developing, financing and operating thermal power plants in India. The company holds a total gross installed capacity of 2,430 MW, comprising 450 MW from five operational plants of 90 MW each, owned and managed by BEL and 1,980 MW from the power plant owned and managed by LPGCL, which the company intends to wholly acquire from the proceeds of the Offer. According to the DRHP reports filed with SEBI, the company intends to raise Rs 5,450 crores from its IPO, which shall consist of Rs 5,150 crores of Fresh Issue, while the rest Rs 300 crore will be an Offer for Sale. 

  • Other expected IPOs in January 2022

The ones you read above aren’t the only IPOs coming out in January 2022. 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

Mobikwik One Mobikwik Ltd

To be announced 

To be announced 

3

Seven Island Shipping Ltd

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 January 2022, 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 and want to open a Demat account with us, all you have to do is click on the button given below! 

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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