IPOs are a great way to invest as there is a higher chance that a company that gets a new rush of capital will likely grow and thus appreciate in share value. Thus they can be a great way to make short term and long term profits.
However, one must be aware of the risks related to an IPO. For example, companies with upcoming IPOs do not have a clear trajectory of share prices by which you can assess its future share price growth using technical analysis. This means the trader/investor has to rely solely on the fundamentals of the company as mentioned by the DRHP and other online sources.
It is a good idea to check out the basic details of upcoming IPOs before investing in them in order to understand –
- The demand and supply of money for IPO investment – For example, if a very attaractive company is announcing a large IPO issue, then that might mean that a lot of capital will move away in its direction – other IPOs might then be available at a lower price.
- Basic stock details and company fundamentals – This will allow the investor to judge the business model and financial sustainability of the company. The investor will also realise whether too many shares are being offloaded by the major (and thus more informed) shareholders.
- IPO trends in order to assess economic and market conditions – If the IPOs are failing to gauge interest e.g. they are constantly delaying their release or refusing to announce dates, then that means the economic situation is not conducive to make new bullish investments.
With this in mind, let us check out the latest IPOs about to be issued in December 2022.
List of Upcoming IPOs in December 2022
|Name of the company||Issue size (in ₹ cr.)||Price band||Expected IPO date|
|Sah Polymers||66.30 Cr||₹61 to ₹65||30 Dec 2022 – 04 Jan 2023|
|Radiant Cash Management||387.94 Cr||₹94 to ₹99||23-27 Dec 2022|
|Elin Electronics||15,00 Cr||₹234 to ₹247||20-22 Dec 2022|
|KFin Technologies||15,00 Cr||₹347 – ₹366||19-21 Decc2022|
|Landmark Cars Ltd||552 Cr||₹481 to ₹506||13-15 Decc2022|
|Sula Vineyards||960.35 Cr||₹340 to ₹357||12-14 Dec 2022|
|Abans Holdings Ltd||345.60 Cr||₹256 to ₹270||12-15 Dec 2022|
|Aadhar Housing Finance||7,300||NA||Dec-2022|
|Capillary Technologies India||850||NA||Dec-2022|
|Capital Small Finance Bank||450||NA||Dec-2022|
|Sresta Natural Bioproducts||NA||NA||Dec-2022|
|One Mobikwik Systems||1900||NA||Dec-2022|
|Gemini Edibles and Fats||2500||NA||Dec-2022|
It is the second largest float glass manufacturer in India – it also has a large market share in value-added glass and clear glass manufacturing. It is issuing the IPO in order to pay for its market borrowings and working capital.
It is unloading an Offer of Sale of 12,826,224 shares along with fresh issue of ₹300 cr.
Aadhar Housing Finance
The company provides mortgage-related loans to low income households from semi-rural and rural India.
The company is offering a fresh issue of ₹15,000 million and an offer of sale of ₹5,800 cr – the aggregate amount standing up to a total of ₹7,300 cr.
Hexagon Nutrition IPO
The company is focused on adult nutrition, clinical nutrition, paediatric nutrition, weight management nutrition etc. The company is issuing the IPO in order to pay off the debts of its subsidiaries, gather working capital and capital expenditure for its subsidiaries.
The company is going for a fresh issue of ₹100 cr and an offer of sale of 30,113,918 shares.
Capillary Technologies India
The company provides services in AI-based SaaS products and solutions. It has announced the IPO in order to repay its debts, invest in product development and R&D as well as strategic investments and acquisitions.
The company is giving out a fresh issue of ₹200 cr and an offer of sale of around ₹650 cr.
It is an FMCG firm headquartered in Kolkata that engages in packaged dairy and fresh food products – it operates across urban, semi-urban and rural areas. The reasons behind the IPO issue includes capital expenditure and repayment of borrowings.
The offer consists of a fresh issuance of ₹350 cr and an offer for sale of 10,767,664 shares.
Capital Small Finance Bank
Capital Small Finance Bank is one of the leading small finance banks. Capital Small Finance Bank Limited IPO combines ₹450 cr in fresh equities and 3,840,087 equity shares from selling shareholders.
The primary objective behind the IPO is to pay for advertising and marketing fees.
Sresta Natural Bioproducts
It is in the business of buying, processing, producing, selling, and developing organic food products – its sales come from not only India but also the USA and other countries. It provides a wide range of packaged food, drinks, spices and edible oils. The business performs cultivation on the largest area of land for organic farming among B2C organic food firms in India.
The initial public offering (IPO) consists of a fresh issue of equity shares worth up to ₹50 cr and an offer-for-sale by the selling shareholders of up to 70.30 lakh equity shares.
Landmark Cars is a leading dealership of major automobile brands like Mercedes-Benz, Honda, Jeep, Volkswagen and Renault. The brand also has other services like sales of new vehicles, after-sales service and repairs, second-hand passenger vehicle sales and facilitation of the sales of third-party financial and insurance products.
The issue consists of a fresh equity share of ₹150 cr and an offer sale of up to ₹612 cr. The objective of the IPO is to clear debts and make investments and acquisitions.
It is one of the largest online cab service platforms in the world, operating in over 250 cities across the UK, New Zealand, Australia and India. It has grown to this level by offering a variety of vehicles such as cabs, metered taxis, auto-rickshaws and bikes. The company has a large customer base and more than 1.5 million driver-partners.
The firm is a leading electronics manufacturing services (EMS) provider of end-to-end product solutions. Its products also include terminal blocks, stainless steel blades, die casting, radio sets, small appliances, fractional horsepower motors, medical diagnostic cartridges, LED lights, fans, and switches, sheet metal and plastic-moulded parts and components.
The IPO consists of an offer for sale of up to Rs. 85 crores and a fresh issue of shares worth ₹175 cr. The reasons for the IPO include repayment of borrowings and funding of capital expenditure in upgrading/expanding its facilities.
Droom is a data science and technology-driven online marketplace that sells and buys used and new automobiles. It is a leading auto website in India, with over 65% of the market share of automobile transactions online.
The IPO consists of an offer for sale worth ₹1,000 crores and a fresh issuance of shares amounting to ₹2,000 crores. The IPO is being issued to raise capital for organic and inorganic growth initiatives.
One Mobikwik Systems
Mobikwik started out as a mobile wallet to allow easier payment of utility bills. Today it allows P2P payments via UPI for a range of transactions such as e-commerce, food delivery, petrol pump transactions etc.
The total issue size could be around ₹1,900 cr.
The company is involved in designing, manufacturing, developing, and quality assurance of modern medical equipment. The IPO comprises fresh issues of ₹400 cr and an offer for sales of up to 14,106,347 shares.
The money raised through IPO will be used to fund working capital requirements and to promote inorganic growth.
Gemini Edibles and Fats
The company manufactures, distributes and brands edible oils and speciality fats in India. They market their sunflower oil under the ‘Freedom’ brand and are among the top two companies by market share in the branded sunflower oil category in India as of FY21.
The company is going to raise around ₹2500 cr solely through offer for sale.
The company’s business is to assist Indian travellers in managing, booking and planning their tours across hotels, buses, air and rail. It helps travellers by using data science, machine learning and AI-based innovations.
The offering will comprise ₹850 cr as an OFS (offer for sale) and ₹750 cr as a fresh issue of equity shares. The company aims to conduct organic and inorganic growth initiatives through the capital raised.
If you are interested in investing in any of the above IPOs but do not have a demat account, try to open demat account today with India’s trusted online broker!
Q1. What is an IPO?
Ans. The word IPO stands for Initial Public Offering – when a company that does not have any publicly listed shares chooses to open its shares up on a stock exchange, it is said to be providing an IPO.
Q2. What is an upcoming IPO? Where can I find
Ans. Upcoming IPO is a term that describes companies that have filed drafts and received SEBI’s approval.
Q3. Where can I find upcoming IPOs?
Ans. Individuals can search online to find details on upcoming IPOs through various websites, including the websites of the companies themselves as well as SEBI. In Angel One, we release a list of forthcoming IPOs before each month, which you can also refer to.
Q4. Where to find IPO date?
Ans. You can find a list of upcoming IPOs on Angel One’s website, where you can check all relevant details regarding the IPO, including IPO size, opening and closing dates, allotment date, company information and more.
Q5. Should I invest in IPOs?
Ans. IPOs are an excellent tool to make investments in volatile equities that have the potential for high returns both in the short and long run.
Disclaimer: This blog is exclusively for educational purposes. The securities quoted are exemplary and not recommendatory.