The IPO market in India is also likely to weaken the upsurge in a specific number of companies. Though there is no reliable information as to an exact date at which the following companies are also likely to open up for the subscription, also we can expect them to hit the specific stock market in March 2022. If tracking the upcoming IPOs is something you discover very tough, the Upcoming IPO calendar will help you out.
The previous year also has been the remarkable one for every Indian share market since the record number of sixty-three went public & garnered around 1.18 lakh crores. Though the 1st two months of this year have also been comparatively very slow, the actual predictions for 2022 are not far from the metric of last year since March holds the actual promise.
Upcoming IPOs in March 2022
Nowadays, there is very little information on the opening & closing dates of the following IP0s since these particular companies favour only field the DRHP with securities & exchange board of India. Here you can get complete information about the latest IPOs likely to hit the specific shores in March 2022. Let’s check the detail of this:
Go Airlines India Ltd
This has been operated under the ‘ Go first’ brand, the ultra-low cost carries. The airline operates 56 aircraft, including A320 NEOs, 46 Airbus & 10 Airbus A320 CEOs, and nine international and 28 domestic destinations. This is looking to raise around 3600 crores via IPO, which this would utilize to decrease the actual debt. After delaying the IPO debut of this multiple times just for the stringent lockdowns enforced by various states, this airline is also expected to launch in March 2022.
One Mobikwik system Limited
Following the heels of Mobikwik, PayTM, & other fintech company which provides services similar to that of the former company, also is planning to come out with their IPO. This specific issue size of this Upcoming IPO in India is also likely to be around 1,900 crores, which these companies would also utilize to fund initiatives growth—considering the specific fact that fintech companies, in general, are going through the challenging phase recently. This Mibikwik is also expected to come out with its IPO by the latter half of March 2022.
Keventer Agro Limited
Keventer Agra, one of the more well-known brands operating in this packaged food, fresh food and dairy products segment, can also issue their specific public subscription shares in March 2022. Operating under this particular brand, this company is quite famous for their milkshakes & other frozen foods & desserts. This total issue size of this IPO is also likely to abound eight hundred crores, which includes both the fresh of shares and the offer for sale from the promoters of this.
Snapdeal is the maximum giant operating in the Indian e-commerce space. Looking to follow in the footsteps of Nykaa, the snapdeal has also filed the DRHP with SEBI for the upcoming IPO with the issue of 1,250 crores via the new issue of specific shares. The company’s promoters, including big names like SoftBank, are also looking to offload their stake via the offer for the sale component.
Utkarsh small finance Bank Limited
One of the leading small finance banks in India, Utkarsh Small Finance Bank, now is looking to enter the significant league by providing the shares of this up for sale to the public. The company is planning for the IPO of 1,350 crores, where 750 crores would be from the new issue of shares & the remaining Rs six hundred crores would be from the offer for sale from the promoters of this. If this IPO (Upcoming) of the bank is successful, this will also join the exclusive list of small finance banks that enjoy this privilege of being listed in an exchange.
In addition to these above IPOs, there can also be more in the fray. Keep the eye out on the IPO calendar to get complete information & updates on the upcoming IPOs. That said, if you do not process the demat & trading account, now can be the appropriate time for applying for one. This way, you can assure that you have this ready when these specific IPOs hit this market.