The year 2021 was the year of Indian startups to raise capital through IPOs. From Naykaa to Zomato, several big names turned to public offering for capital, changing the market’s dynamics significantly.
Not just the companies, investors also found a new avenue to make money and contribute towards the growth of the Indian economy through IPOs last year.
Everyone hopes to see the same growth phase and maturity in the market in 2022.
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Here is a list of famous names in the Indian stock market planning to go public in 2022.
Ixigo
One of the most popular travel platforms today, created by Le Travenues Technology, is set to issue shares worth INR 750 Cr to raise 1600 crores through IPO in August this year. It is predicted that they will use the funds for organic and inorganic growth activities.
OYO
Founded in 2013 by Ritesh Agarawal, OYO has become one of the most popular hotel chains in the country in just a few years. One of the long-term investors of OYO, SoftBank, will put part of its stake in the company for public offering. The total IPO will amount to INR 8430 crores, including new shares of 7,000 crores.
Droom
Popular online car marketplace is also not behind in the race of IPOs and filed a prospectus to raise INR 3,000 crores in 2022. This company also intends to use the funds for organic and inorganic growth activities, and however, they are still waiting for approval.
MobiKwik
One of the country’s parent companies of this popular payment service provider was set to issue an IPO in October 2021. However, there was some delay in approval from SEBI, and the issue got delayed. However, everyone expects the company to make the issues in the first quarter of 2022.
Snapdeal
One of the giants in the eCommerce sector, Snapdeal, was falling back against its competitors for some time. However, the company has deceased to make a strong comeback this year through a public issue. The company will issue equity shares worth INR 1250 in its IPO offer.
Byju’s
Byju’s is renowned in the Edtech industry and has achieved milestones after milestones every year. The company has extensive growth plans and is set to go public in the first quarter of 2022.
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