Top Upcoming IPO in May 2022: Simply monitor the Top Upcoming IPOs in May 2022 to keep an eye on the major market activity and company initiatives. A few new firms have already received SEBI approval to float an IPO, and their names are on the list of forthcoming IPOs in May 2022. Are you interested in an upcoming IPO in India in 2022?
List of Upcoming IPO in May 2022
Here is the list of most awaited upcoming IPOs in May 2022. The following is a list of upcoming IPOs that may be launched this year in May 2022. The companies on the list had already filed DRHPs with SEBI, and a small number of them have gotten approval. These the companies can be launched their IPOS in the month of May 2022: Keventer Agro Ltd, VLCC Health care Ltd, Aadhar Housing Finance Ltd and Studds Accessories Ltd etc.
|Company Name May 2022Company Name||IPO Size (Rs. Cr.)||Tentative Date|
|eMudhra IPO||412.79||20 to 24 May 2022|
|Ethos IPO||472.29||18 to 20 May 2022|
|Paradeep Phosphates IPO||1,501.73||17 to 19 May 2022|
|LIC India Ltd. IPO||21008.48||4 to 9 May 2022|
|Venus Pipes and Tubes IPO||165.42||11 to 13 May 2022|
|Delhivery Ltd.||5235||11 to 13 May 2022|
|Prudent Corporate Advisory Services IPO||538.61||10 to 12 May 2022|
eMudhra Limited, a digital signature certifier, is planning an initial public offering (IPO) on May 20, 2022. Bidding for the issue will be open until May 24, 2022. eMudhra IPO will end on May 24, 2022, according to the Red Herring Prospectus (RHP), and the bidding for anchor investors will begin on May 19, 2022. In the financial year 2021, eMudhra is the largest licenced certifying authority in India, with a market share of 37.9% in the digital signature certifications industry.
Ethos, a luxury watch retailer, will launch Ethos IPO on 18 May 2022. The management announced that the Ethos IPO price band will be between Rs 836 and Rs 878 per share. The proceeds from the new offering will be used to pay down debt, support working capital needs, open additional stores, and for other general company objectives. A fresh issue of equity shares worth Rs. 375 crore and an offer-for-sale (OFS) of up to 1,108,037 equity shares are part of the IPO.
Paradeep Phosphates IPO Details: Paradeep Phosphates Ltd. a fertilizers Comapany, will launch an initial public offering on 17 May 2022. The Offer’s price band has been set at Rs 39 to Rs 42 per equity share with a face value of Rs 10 apiece. The government will sell its whole 19.55% ownership in the company through the Initial Public Offering (IPO), which will end on 19 May 2022.
LIC IPO Details: LIC IPO Details: LIC executives indicated at a 27 April 2022 press briefing that the much-anticipated IPO will open on 4 May 2022 (2 May 2022 for anchor investors) and close on 9 May 2022 for the general public, and that it will list on stock exchanges on 17 May 2022. The government-owned insurance company is selling approximately 22.13 crore shares between Rs. 902 and Rs. 949 per share in India’s largest public offering to date. The IPO is valued at Rs. 21,000 crore in total. Policyholders will receive a discount of Rs. 60 per share, while retail personnel and anchor investors would receive a reduction of Rs. 45.
Venus Pipes and Tubes IPO
Dharmaj Crop Guard, an agrochemical company, and Venus Pipes & Tubes, a steel pipe company, have both secured regulatory licences to raise capital through initial public offerings (IPOs). Dharmaj Crop Guard’s IPO comprises of a fresh issue of equity shares worth up to Rs 216 crore and an offer-for-sale (OFS) of up to 14.83 lakh shares by existing shareholders, according to the Draft Red Herring Prospectus (DRHP).
According to information accessible with the markets, the maiden share sale for logistics company Delhivery will begin on May 11th. According to media sources, due to market volatility and an unpredictable geopolitical climate, the issue amount has been lowered to 5,235 crore.
Prudent Corporate Advisory Services has set a three-day IPO pricing range of Rs. 595 to Rs. 630 per share. On Tuesday, May 10, 2022, the retail wealth management company’s initial share sale will begin and end on Thursday, May 12, 2022.
Keventer Agro Ltd IPO
Keventer Agro Ltd is a large fast-moving consumer goods (“FMCG”) corporation with interests in packaged, dairy, and fresh food products based in Kolkata. With more than 90 SKUs and a presence across the value chain in the fresh, frozen, and ambient long-shelf-life food product categories as of March 31, 2021, they provide a wide choice of goods across multiple brands and categories.
VLCC Health care Ltd IPO
Mrs. Vandana Luthra started VLCC Health Care Limited in 1989. They are a prominent provider of wellness and beauty services and products. They have 310 outlets in 143 cities in 12 countries in South Asia, Southeast Asia, the Gulf Cooperation Council Region, and East Africa to serve its consumers. In Indian families, the VLCC brand has grown to become one of the most popular wellness and beauty brands. Wellness & Beauty Services, Personal Care Products, and Skill Development are the three pillars they established. The majority of their personal care products are made in their two production sites in India and one in Singapore, which are owned by the firm.
Aadhar Housing Finance Ltd IPO
This is a retail-only affordable home financing organisation that caters to economically disadvantaged and low-to-middle-income consumers that seek small-ticket mortgage loans. They’ve made social aims one of their company model’s main goals. Aadhar Housing Finance Ltd run a customer-centric loan business that is financially inclusive, and they feel that their business strategy contributes greatly to the economic upliftment of its target clients by improving their standard of life.
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ESAF Small Finance Bank Ltd IPO
The SEBI has approved ESAF Small Finance Bank’s IPO, and the dates are expected to be announced soon. They are a small financing bank based in India that began as an NGO in 1992. ESAF SFB has 550 banking branches spread throughout 21 states and two union territories. ATMs, Debit Cards, Safe Deposit Lockers, Internet Banking, Mobile Banking, Agent Banking, SMS Banking, RTGS, NEFT, CTS, and other contemporary banking services are available through ESAF SFB. Savings accounts, current accounts, recurring deposits, fixed deposits, loans, micro banking, and other services are available.
Studds Accessories Ltd IPO
In terms of volume of two-wheeler helmets sold in Fiscal 2018, Studds Accessories Limited is the world’s largest manufacturer of two-wheeler helmets. As of June 30, 2018, the Company’s main brand Studds was promoted and sold in 21 countries, making it the biggest selling two-wheeler helmet brand in India in terms of volume of two-wheeler helmets sold in Fiscal 2018.
PharmEasy is an Indian healthcare app and ecommerce company that sells online drugs, diagnostics, telehealth, and online doctor consultation services to customers. Mumbai is the headquarters of PharmEasy.
PharmEasy was recently valued at $5.4 billion, with an IPO estimate of $7-8 billion in the works. “It (grey market pricing) reflects the current jitters about tech IPOs and valuations,” says one analyst. “Prior to Paytm’s IPO, PharmEasy’s secondary shares were also available at Rs 120-130,” one source familiar with the company’s grey market pricing stated.
Go Airlines IPO
Go First, formerly known as GoAir, is an ultra-low-cost airline based in Mumbai, Maharashtra, India. Go Airlines is planning to their IPO in March 2022. Check below information for about Go Airlines and Go Airlines IPO Details.
According to the DRHP filed with SEBI, the company intends to generate around Rs. 3,600 crores through this public offering. This will only apply to new issue equity shares, and no information on an OFS is currently accessible.
Hexagon Nutrition IPO
Hexagon Nutrition IPO is coming soon. SEBI has approved Hexagon Nutrition Ltd’s DRHP to raise up to Rs.600 crore. In December 2021, the business submitted a draught prospectus. According to the company’s draught red herring prospectus, Hexagon Nutrition IPO will include a fresh issue of shares worth Rs.100 crore and an offer for sale (OFS) of up to 30,113,918 equity shares (DRHP).
Chemspec Chemicals Ltd. IPO
Chemspec Chemicals Ltd is a global leader in key additives for FMCG components used in skin and hair care products, as well as intermediates for pharmaceutical APIs used in anti-hypertension medications.
Chemspec Chemicals is one of the top four producers in the world of the goods we offer. Chemspec Chemicals is one of the world’s major makers of UV absorbers, as well as one of the top two global producers of skin and hair care products.
Gemini Edibles & Fats India Ltd. IPO
Gemini Edibles and Fats Ltd, based in Hyderabad, Telangana, is one of India’s biggest and fastest-growing edible oils and fats firms. In the United States, the corporation produces, distributes, and labels edible oils and specialty fats. The oil manufacturing firm is among the top companies in the category in the states of Telangana, Andhra Pradesh, and Odisha, and has the third greatest market share in the state of Karnataka, with its brand ‘Freedom.’
Utkarsh Small Finance Bank IPO
Utkarsh Small Finance Bank’s first public offering is expected to raise Rs. 1,350 crores. Fresh issues and OFS of Rs. 750 crores and Rs. 600 crores, respectively, will be included. Aside from that, this financial organisation wants to raise roughly Rs. 250 crores through a pre-IPO offering transaction.
Penna Cement IPO
Penna Cement is one of India’s largest privately held cement firms, having a 7 million tonne per year installed cement capacity. Penna Cement, which was founded in 1991, has established itself as one of the most trusted cement brands in India, with substantial presence in southern and western India. Small home owners to established real estate developers, as well as state governments and worldwide construction giants, are among our clients.
BoAt Electronics IPO
Imagine Marketing, the parent company of Boat, an electronics and lifestyle brand that is one of India’s few hardware companies, has filed for an IPO for up to $266 million.
Boat, which is financed by Warburg Pincus, said in its DRHP filing with the local regulator on Thursday that it aims to issue new shares worth roughly $120 million and sell shares for $146 million. One of Boat’s sponsors, South Lake Investment, wants to sell shares worth $106.4 million in the IPO.
Bajaj Energy Ltd. IPO
Bajaj Energy Ltd (BEL) is one of India’s major private-sector thermal power producing companies. The corporation has decades of experience in financing, construction, and operation of thermal power plants. It presently has a total capacity of 2,430 MW and is trying to earn Rs. 5450 crores through an IPO to further consolidate its operations, settle debt, and acquire partner stakes.