The year 2021 is witnessing the most exciting period for the Indian Stock Market, thanks to the new-age tech start-ups and multinational enterprises going public. It all started with Barbeque Nation in April 2021; and then the list continued. With Zomato going public in June 2021, the scenario changed throughout. Its exorbitant performance cemented investor’s trust in the new-age companies and there began a quest of companies to go live with their Initial Public Offerings (IPO). And here we are into the tenth month of this calendar year! Let’s learn which companies are planning to go live with their IPOs in October 2021.

• Upcoming IPOs in October 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	Nykaa - FSN E- Commerce Ventures Limited	To be announced	To be announced
2	Shriram Properties Limited	To be announced	To be announced
3	OYO - Oravel Stays Limited	To be announced	To be announced
4	PolicyBazaar - PB Fintech	To be announced	To be announced
5	Mobikwik - One Mobikwik Systems Limited	To be announced	To be announced
6	Paytm - One 97 Communications Limited	To be announced	To be announced

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

1. Nykaa - FSN E-Commerce Ventures Limited

Valued at around $4 Billions, Nykaa is India’s largest omnichannel beauty and wellness retailer. The company that began its operations in 2012, at present holds more than 70 stores across India, and has a revenue of about Rs 1,800 Crores. The company is planning to raise between $500mn to $700mn through its IPO which is expected to go live anytime in the month of October.

2. Shriram Properties Limited

One of the largest five real estate companies in South India, Shriram Properties Limited, is coming out with its IPO in the month of October. The company, which focuses on developing housing units for mid-market and affordable housing categories, had an estimated revenue of Rs 632 Crores for the financial year 2020-21.

3. OYO - Oravel Stays Limited

OYO is a leading, new-age technology channel that empowers the elite yet highly scattered international hospitality ecosystem. The company, which came into recognition for offering budget stays and vacation homes for individuals, today is present in over 80 nations. The estimated revenue of the company for FY 20-21 stood at Rs 4157.38 Crores.

4. PolicyBazaar - PB Fintech

PolicyBazaar is India’s largest insurance aggregator, having expanded its operations to the state of UAE. PolicyBazaar, operates as the dominant player in the Digital Insurance sector having a market share of more than 90%. The company recorded a revenue of Rs 9574.13 crores for FY 20-21, and is now planning a public issue of Rs 6,017.5 crore.

5. Mobikwik - One Mobikwik Systems Limited

Started in the year 2009, Mobikwik is a Fintech company which stands among the largest mobile wallets players in India. With a registered user base of more than 100 million, the company is planning a public issue of Rs 1900 crores in October 2021.

6. Paytm - One 97 Communications Limited

One of the major players in the digital payments system, e-commerce and finance sector, Paytm currently holds a client base of more than 333 million and 21 million plus registered merchants. The Indian Multi-billion dollar unicorn is planning to raise Rs 16,600.00, which is thought to be India’s largest IPO!

• Other expected IPOs in October 2021

The ones you read above aren’t the only IPOs coming out in October 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	Star Health & Allied Insurance Limited	To be announced	To be announced

 

Conclusion

So, now that you have the list of upcoming IPOs 2023 going live in the month of October 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!