This article will tell you about the most talked about initial public offerings to be listed on the NSE and BSE from various sectors in 2020 and 2021.
KALYAN JEWELLERS
size- 1750 crores( large cap)
One of the largest jewellery companies in India, Kalyan is a name well known. The company is set to release it’s IPO in the year 2020 after SEBI’s go ahead.
It is estimated to be around 1750 crores, out of which 750 crores would be offer for sale(OFS) by the two major investors. HIGHDELL INVESTMENTS (24% stake prior to the IPO)will let go of about 500 crores worth of shares and T.S. KALYANARAMAN(27.4% stake prior to the IPO) will let go about 250 crores worth of shares. Except this, the company is set to raise 1000 crores worth of fresh equity issue. This amount,when raised, will be used for the company’s general corporate operations and working capital requirements.
BURGER KING INDIA LTD.
size- 541.92 crores ( approximately large cap)
A famous name when it comes to fast food, burger king is set to release it’s IPO of worth 541.92 crores, pushing it to large cap since the cancellation of the previously planned 400 crore IPO. And additional (OFS) offer for sale will be released through promoters.(QSR LTD. 99.39% stake prior to IPO)The money raised through this will be used for the company’s general corporate purpose since it plans on expanding to 700 stores by the year 2026. This share sale is being managed by Kotak Mahindra Capital Company.
GLAND PHARMA LTD.
size- 1,250 crores ( large cap)
Established in 1978,Gland pharma limited is a pharmaceutical company set to release its IPO of around 1,250 crores along sith 3.4 crores of offer for sale(OFS) The company has obtained SEBI’s go ahead on october 19, with promoters Fosum Singapore and Shanghai Fosum pharma(74% stake prior to the IPO)
Kotak Mahindra Capital Company is well known for managing share sale of this company.
NATIONAL STOCK EXCHANGE (NSE)
size- 4000 crores ( large cap)
Country’s lion share exchange is set to release it’s IPO of over 4000 crores next year. It did try to release it back in 2018, but the actions came to a hault because of SEBI’s interruption. It was banned for six months in April 2019 from getting into capital markets. Through an (OFS) offer for sale, it will offload around 20-25% stake to the public.
BAJAJ ENERGY
size- 5,150 crores(large cap)
One of the interesting IPO’s set to be released, about 5,150 crores are to be raised through this IPO with an (OFS) offer for sale of around 3,000 crores offloader by bajaj power ventures. Bajaj right now owns a full 100% stake in this company and the proceeds will be utilized to purchase a huge share in 2 companies namely Lalitpur power generation company(6,99,36,900 eq. sharea) and purchasing Bajaj hindustan sugar for 4,972 crores.
LIFE INSURANCE CORPORATION(LIC)
size- not defined, but large cap.
Though it may not come this fiscal year, but LIC IPO will be one of the biggest IPO’S ever released in India since the government has asked for more than 2 advisors who have previous experiences of raising 5000+ crores in IPO’s. It plans to sell about 10% of it’s stake by listing it on NSE and BSE. Through it’s disinvestment policy, it is expected to raise around a whopping 80,000 to 1 lakh crore.
BARBEQUE NATION
size-275-350 crores(midcap)
Barbeque nation is a name almost every millennial has heard about, and it plans to go public in 2021 after the SEBI go ahead. It will raise about 275-350 crores and an (OFS) of upto 98,22,947 shares promoted by Sayaji hotels and dhamani family amongst investors.
POLICY BAZAAR
A name popularized in midst of the covid19 pandemic due to insurance, policy bazaar aims to go public in 2021 through BSE and raise about 250 million of funding through this offering .
Rashika namdev 