Full list of upcoming IPOs 2021 in India

Last Updated on 4 months ago by Raj Kumar

Upcoming IPOs 2021

2020 had a stellar year in terms of block buster IPOs like Burger king, Gland Pharma and Bectors food. Retail investor participation in most of the IPOs has been a significant uptick. Everyone is rushing to apply for IPOs with a hope that they will have an allocation for listing gains.

Riding the wave, a lot of companies have lined up for their Upcoming IPOs 2021. If market

continues to be upbeat like how it ended 2020 then 2021 may see the highest no of IPOs the stock market has seen.

Let’s have a look on Upcoming IPOs in 2021.

Upcoming IPOs 2021
Upcoming IPOs 2021

Full list of Upcoming IPOs 2021 India

Here is a full list of the companies which are coming with their IPOs in 2021:-

Company / Stock NameIPO Size (approx) in  crTentative Date
Home First Finance Ltd15002021
Kalyan Jewellers17002021
ESAF Small Finance Bank Ltd10002021
Studds Accessories Limited4502021
Stove Kraft Ltd (Pigeon Appliances)5002021
Dodla Dairy Ltd5002021
Chartered Speed Ltd2752021
Stove Kraft Ltd (Pigeon Appliances)5002021
Harsha Engineers Limited5002021
Century Metal Recycling Ltd7002021
Powerica Limited8002021
Bajaj Energy Ltd54002021
SAMHI HOTELS LIMITED20002021
HDB Financial Services Ltd90002021
APEEJAY SURRENDRA PARK HOTELS Ltd10002021
National Commodity & Derivatives 
Exchange Ltd (NCDEX IPO)
17002021
Telecommunications Consultants India Ltd (TCIL Ltd)15002021
Indian Railway Finance IPO45002021
RailTel IPO7002021
Kalyan Jewellers IPO17502021
NCDEX IPO5002021
Bajaj Energy IPO54502021
Lodha Developers IPO55002021
Montecarlo Limited IPO5502021
LIC IPO700002021
Indigo Paints1000Jan 20 – Jan 22 , 2021
Home First Finance Company15002021
Brookfield REIT4000-45002021
Full list of Upcoming IPOs in 2021 India

We will continue to add more companies to the list as on when the IPO announcements are done.

Thing to note here is that many companies have filed the DRHPs with SEBI ; it’s probable that few of the IPOs may not materialise and may not be open for subscription in 2021.

Most awaited IPOs in 2021

Here are some most awaited IPOs in 2021:-

Indigo Paints IPO

The paint segment has seen a lot of interest from investors recently. Being the 5th largest paint company in India, Indigo Paints IPO is eagerly waited by the investors. As per the filing by the company , Profits of Indigo Paints have tripled in last 3 fiscals.

As per the filing The proceed of the IPO will be used for capital expansion.

Indigo Paints IPO Details

IPO Opening DateJan 20, 2021
IPO Closing DateJan 22, 2021
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹1488 to ₹1490 per equity share
Market Lot10 Shares
Min Order Quantity10 Shares
Listing AtBSE, NSE
Issue Size[.] Eq Shares of ₹10
(aggregating up to ₹1,176.00 Cr)
Fresh Issue[.] Eq Shares of ₹10
(aggregating up to ₹300.00 Cr)
Offer for Sale5,840,000 Eq Shares of ₹10
(aggregating up to ₹[.] Cr)
Indigo Paints IPO Details

Indigo Paints IPO Tentative Timetable

The Indigo Paints IPO open date is Jan 20, 2021, and the close date is Jan 22, 2021. The issue may list on Feb 2, 2021.

IPO Open DateJan 20, 2021
IPO Close DateJan 22, 2021
Basis of Allotment DateJan 28, 2021
Initiation of RefundsJan 29, 2021
Credit of Shares to Demat AccountFeb 1, 2021
IPO Listing DateFeb 2, 2021
Indigo Paints IPO Tentative Timetable

Indigo Paints IPO grey market premium / GMP

Although grey market premiums are not the official way of measuring an IPO, but Indigo Paints IPO has seen huge interest from investors and its grey market premium / GMP is Rs 800-820.

LIC IPO

Life Insurance Corporation / LIC IPO will be the biggest in Indian history when it comes to markets. As per reports, LIC has more than 65% market share in Life insurance sector in India making it a market dominant player.

Companies like HFDC life , SBI Life and ICICI pru have already seen huge success in their IPOs. When LIC IPO comes its expected to a block buster IPO.

National Commodity & Derivatives Exchange Ltd / NCDEX IPO

As per NCDEX website , National Commodity & Derivatives Exchange Limited (NCDEX) (NCDEX/the Exchange) is a leading agricultural commodity exchange in India, with a market share of 78.0%, 81.5%, 79.9% and 78.1% in the agricultural commodity segments, based on average daily turnover (by value) for the six month period ended September 30, 2019, Fiscal 2019, Fiscal 2018 and Fiscal 2017, respectively.

The Exchange has maintained its leadership position since 2005, in the agricultural commodity derivatives market, in terms of ADTV. 

NCDEX is again a market dominant player in its segment and expected to be a blockbuster IPO when it comes to the primary markets.

Indian Railway Finance Corporation / IRFC IPO

IRFC primarily is in the business of financing asset creation or acquisition for the Indian Railways or any other business/entity under the Ministry of Railways. In its words, it is the “dedicated financing arm” for the railway’s ministry. The company was set up in the last 1980s.

After the huge success of IRCTC, IRFC is expected to have a good interest from investors for it’s IPO.

RailTel Ltd IPO

It looks like Govt of India is leaving no stone unturned when it comes to disinvestment of everything related to railways!

RailTel Ltd is a Central Public Sector Enterprise  (CPSE) and a Mini Ratna company. RailTel was also instrumental in the implementation of some of the Government of India projects, for example National Knowledge Network, Bharat Net (formerly, the National Optical Fiber Network) and USOF funded optical fiber based connectivity project in North East India.

Again RailTel Ltd IPO is expected to have huge interest from investor on back of the success of IRCTC.

Consider reading

Zero debt companies in India

Best dividend paying stocks in India

What is Penny stock? – List of penny stock in India

Top 100 Blue chip stocks India in 2020

Upcoming IPOs 2021 in India – Closing thoughts

Its no secret that with the increase in retail participation in IPOs , many companies have lined upto to encash the positive sentiment in the capital markets and we will see a lot of companies rushing to get listed as early as possible.

As a retail investor you need to carefully evaluate the companies which are floating IPOs and make sure you don’t just apply for listing gains. There will be some excellent companies that will get listed in the stocks markets. If you remain invested in these companies then you can make a fortune on your investments.

We wish you luck in the Upcoming IPOs 2021 ; may you get the allocation for the IPOs you apply for!

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