Upcoming IPOs in 2022: From Delhivery to Fabindia, the IPO market is all set to heat up again

May 4, 2022

By: Bhakti Makwana

Here is the list of IPOs that will hit the markets in the coming months.

Credit: BCCL

IPO market seem to be back in the game

After a long pause in the IPO market because of volatile markets and weak sentiment due to the Russia-Ukraine war that led to a huge market crash, IPOs are back in town.

Credit: BCCL

Prudent Corporate Advisory Services

The retail wealth management firm is reportedly all set to open its IPO on May 10. The IPO is a complete offer for sale (OFS) of 85.49 lakh equity shares by promoters and existing shareholders.

Credit: BCCL

Delhivery

New age logistics startup Delhivery could also launch its IPO on May 11. Initially, the firm had planned to raise ₹7,460 crore through the public issue, which may now be cut down to ₹5,300 crore due to uncertain market conditions.

Credit: BCCL

Fabindia

Ethnic wear brand Fabindia received a nod from regulator SEBI earlier this week. The IPO will consist of a fresh issue of over ₹500 crore, and an offer for sale (OFS) of 2.5 crore equity shares by promoters and shareholders.

Credit: Fabindia

Capillary Technologies

The software-as-a-service (SaaS) provider is expected to raise ₹850 crore through IPO, out of which ₹200 crore will be a fresh issue of equity shares and ₹650 crore offer-for-sale of existing shares.

Credit: Asianet-Satellite-Communications

Harsha Engineers

The Ahmedabad-based manufacturer of precision bearing cages has filed for a ₹755 crore IPO, to be used to repay debt, purchase machinery, repair infrastructure and renovate production facilities.

Credit: Asianet-Satellite-Communications

Aether Industries

The speciality chemical manufacturer has applied for an IPO with fresh issue of up to ₹757 crore and an offer for sale of up to 27.51 lakh equity shares.

Credit: Asianet-Satellite-Communications

Syrma SGS Technology

The electronics manufacturing services company has filed papers for an IPO to raise ₹1,200 crore via a combination of fresh and existing equity shares.

Credit: Asianet-Satellite-Communications

Asianet Satellite Communications

The Kerala-based cable network Asianet Satellite is looking to raise ₹765 crore, with fresh issue of equity shares worth ₹300 crore and an offer-for-sale of up to ₹465 crore by the promoter group Hathway Investments.

Credit: Asianet-Satellite-Communications

Sanathan Textiles

Mumbai-based yarn manufacturer’s IPO has also been cleared by SEBI, with a fresh issue of equity shares of ₹500 crore and an offer for sale of up to 1.14 crore equity shares by the promoter Dattani Family.

Credit: Sanathan-Textiles

Bharti Airtel’s cash flows will grow for 2 years after 5G spectrum purchases too: Moody’s