IPO Pipeline 2022 LIC, OYO, Delhivery other major public issues watch out raise Rs 1.5 lakh crore

Early Public Issues (IPOs) are ready to make the broker path buzz even in the new year. Companies are expected to raise up to Rs 1.5 lakh crore from IPOs in 2022 after the boom of 2021.

The massive fundraising through the primary market in the year 2022 will begin with a major IPO of the public sector company Life Insurance Corporation (LIC). In addition, many new age digital players are ready to enter the IPO market.

Venkataraghavan S, managing director and head of equity capital markets at Equirus, said the current intoxication may ease somewhat with the rise in interest rates, but it will remain at a critical level. However, some concerns remain about the epidemic.

Sandeep Bhardwaj, Retail Sector CEO at IIFL Securities, said that a new record could be set in raising capital through IPO in 2022 and LIC's IPO would also attract the attention of global investors. According to a report by global consulting firm EY, India

However, some believe that the enthusiasm in 2022 will be somewhat less. Piyush Nagda, Head of Investment Products, Prabhudas Liladhar, said that next year, the market perception will be affected by the new look of Kovid-19 and as such, uncertainty is weighing heavily on the markets and the economy.

Ricky Kripalani, lead sponsor of First Water Capital Fund (AIF), predicts that 2022 will not be as exciting for the IPO market as 2021, especially given that some large public issuers like Paytm have not performed well after being listed recently.

Significantly, 2021 has been the best year in the last two decades in the Indian market for an IPO. Excessive cash and increased participation of retail investors kept up the momentum in the IPO sector, and amid the pessimistic despair, companies raised Rs 1.2 lakh crore this year.