The 10 IPOs of the month: everything you need to know to invest or not

There is a chance that ten initial public offerings (IPOs) will be launched in February 2022. Below are all the facts you need to know about their issue price, issue size, profitability and other factors.

1.Manyawar; Vedant Fashion Ltd

The IPO is launched keeping in mind to sell up to 3.63 cr. Investor Equity Shares. The subscription of the shares is only 0.14 times on the first day of the IPO on 05.02.2022 and on 07.02.2022 it is subscribed only 0.21 times. Investors requested only 40.72 lakh Equity Shares out of a total of 2.54 crore units of the IPO. The share price is said to be between Rs 824 and Rs 866 per share, with a total value of Rs 3,149.19 crores.

2.WAAREE Energies Ltd

catalog - waaree technologies ltd (head office) at magathane-borivali east, mumbai - justdial

This company is linked to the energy sector.

The new issue of this IPO is total of Rs. 1350 crores out of the total issuance of 1500 crores. However, the offer to sell has not yet been declared.

The company had submitted draft documents to the Securities and Exchange Board of India (SEBI) in September. The IPO will consist of a new issue of shares for Rs 1,350 crore and an offer from the company’s promoters and existing shareholders to sell up to 4,007,500 shares to dilute their shareholding.

The company’s position is profitable according to the published financial statements and therefore the retailers are allocated 35% of the issue.

Since the IPO is related to the energy sector and if everything goes well with the valuation, the IPO has a high probability and possibility of receiving a good response.

3. Tracxn Technology Ltd

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This company is related to the technology sector, as evidenced by the name itself. Tracxn Technologies provides market intelligence data to private companies.

The entire IPO offering will be an offer to sell 38,672,208 shares that will be offered to the public in order to dilute the company’s promoters and existing shareholder stakes.

According to the financial statements of the company, its position is not so good and indicates negative numbers, i.e. a loss, hence individual retail investors are reserved for only 10% of the issue. .

Under SEBI guidelines, if the company declares losses, retailers can only be reserved up to 10% of the issue size.

The company’s growth and performance is tied to other technology companies in the industry.

4. ESDS Software Ltd.

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In India, ESDS Software is a leading provider of managed cloud services and end-to-end multicloud requirements. Customers can get one-stop cloud adoption solutions from the company.

The new IPO number is Rs. 322 crores and for the rest of the amount 21,525,000 shares are going to be offered to the public to dilute the company’s promoters and existing shareholders’ stakes.

The company’s position is profitable according to the published financial statements and therefore the retailers are allocated 35% of the issue.

The company is likely to receive a good response based on the future assessment.

5.Mobikwik Systems Ltd.

Mobikwik records ₹1,900 crore share sale

Mobikwik, a technology-focused Fintech company founded in 2009, is a leading Indian player in mobile wallets (MobiKwik Wallet) and Buy Now Pay Later (BNPL).

The company was more likely to launch its IPO this month, but due to market volatility, the issuance was likely postponed. But if market conditions improve and the bull market prevails, the possibility of the IPO launching in February is strong.

The total issue size of the company will be 1900 crores. In which the new issue will be 1500 crore and the rest of the amount of 400 crore will be put on sale.

Individual retail investors are only reserved for 10% of the issue. Because according to the financial statements of the company, it is operating at a loss and the figures are not very favorable for the position of the company.

6. Penna Cement

penna drhp cement files with sebi for rs 1,550 cr ipo

In line with the budget, in order to reduce the cost of doing business, the government has given priority to infrastructure development. To strengthen infrastructure, transportation costs and times must be reduced, allowing for more geographically inclusive development.

The cement sector has strong growth potential after the budget declaration.

The total issue size of the company is Rs 1550 crores. Out of the sale offer is Rs. 250 and the rest is a new issue of Rs. 1300 crores.

The company’s position is profitable according to the published financial statements and therefore the retailers are allocated 35% of the issue.

7.Skanray Technologies Ltd

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Skanray is a leading global health technology company specializing in high-resolution X-ray imaging systems, critical care, dental care, primary healthcare and telemedicine.

The total issue size of the company is Rs 400 crores. Whose offer to sell is 14,106,341 to dilute the company’s promoters and existing shareholder stakes.

The company has been reporting losses for a long time, but has been showing profits for a few days.

Thus, retailers can be allocated 35% or 10% depending on the condition at the time of IPO launch.

8. Emcure Pharma Ltd

Pune-Based Emcure Pharmaceuticals Gets Green Light From Sebi For IPO |  angel one by angel broking

The total issue size of the company is estimated at Rs. 4500-Rs.5000 crores of which shares of Rs. company and the holdings of existing shareholders.

The company’s position is profitable according to the published financial statements and therefore the retailers are allocated 35% of the issue.

9.GPT Healthcare Ltd.

gpt santé IPO: here's everything you need to know!  |  angel one by angel broking

GPT Healthcare, owner of the ILS Hospitals chain, has secured clearance from financial market regulator Sebi to fund up to Rs 500 crore through an initial public offering (IPO).

The total issue size of the IPO is Rs 17.5 crores. On what public sale offer is going to be Rs. 2,989 crores to dilute the company’s promoters and existing shareholders’ stakes and the rest is a new issue.

According to the Draft Red Herring Prospectus (DRHP), the initial public offering (IPO) would consist of a new issue of shares worth Rs 17.5 crore and an offer to sell (OFS) of up to 2 .98 crore of shares by a promotion company and an investor.

10.BOAT i.e. Imagine Marketing Ltd.

India's biggest audio brand boat lifts rs 731 cr, to go global

One of India’s leading electronics companies focused on direct-to-consumer audio, Imagine Marketingwhich owns the BoAt brand of headphones and smartwatches, has filed for an initial public offering (IPO).

The total issue size of the company is Rs 2000 crores. Out of the sale offering is Rs. 1100 and the rest is new issue of Rs. 900 crores.

Edited and published by Ashlyn Joy