Ola, Oyo Rooms, BoAt among upcoming IPOs in July; check full list

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IPOs in July

Upcoming IPOs in July

We are halfway through the year, and compared to last year, the number of IPOs this year has been muted. Compared to the 2021 total count of 65 listings, this year, at the halfway mark, the number is 15.

The reasons for the low IPO count are obvious. The overall market situation is not favourable to equity investors. Hence companies are delaying the IPO. The share price has fallen considerably post-listing for most companies listed this year.

Even though the first half was not that great for IPO investors, the second half looks promising, and some big names are planning to launch their IPO. Below are some companies that plan to move with their IPO in July.

Upcoming IPO in July 2022: July IPO list

Company Name IPO Size (Rs cr)Upcoming IPO Date
National Stock Exchange~10,0002022
Oyo Rooms8,4302022
Baja Energy5.0002022
VLCC Healthcare9002022
SAMHI Hotels2,0002022

Upcoming IPO July 2022

National Stock Exchange: The NSE already has approval from the market regulators to go ahead with the Rs 10,000 crore IPO. However, the company has delayed the launch due to issues related to its former MD and CEO. NSE cannot list on its own exchange. Hence it will be listed on BSE and international exchanges. Investors can look forward to investing in this profit-making company in July.

OYO Rooms: The company has been successful with its hospitality business and is planning to grow further through its Rs 8,430 crore IPO. Given the current market condition, the company may be working on a smaller IPO size and lower valuation. The IPO will consist of a fresh issue and offer for sale from existing shareholders.

Also read: List of Upcoming IPO in 2022

OLA cabs: The company has delayed its IPO plans but is very close to filing for the IPO. The IPO may come in July, or the worst-case scenario gets pushed towards the year-end. The company plans to raise between $1 and $2 billion through the IPO at a valuation of $7.3 billion. Ola had reported a profit before tax of Rs 76.29 crore in FY21 on a standalone basis.

Bajaj Energy IPO: The company is one of the largest private-sector thermal generation companies in UP. The company's main business is to develop, finance, and operate thermal power plans. Bajaj Energy plans to raise more than Rs 5,000 crore through its IPO. It will consist of both fresh issues and offer for sale. The company plans to add conventional power generation capacity to this business in the next few years.

Boat IPO: It is a digital-first consumer products company and India's largest digital brand in terms of revenue from operation for FY21. The company has reported profits for the last three financial years and has grown at an exceptional pace. To expand the business further, the company may launch its IPO in July with an issue size of Rs 1100 crore.

VLCC Healthcare IPO: As per reports, the company was planning to launch its IPO mid-year, so investors can expect the IPO to come in July. The company operates in wellness and beauty clinics and skill development institutes for nutrition and beauty. VLCC plans to raise between Rs 850 crore and Rs 900 crore. The IPO will have a fresh issue (approximately Rs 300 crore) and an offer for sale.

Pharmeasy IPO: At the start of this year, the company got approval from SEBI to go ahead with its Rs 6250 crore IPO. However, given the world political situation in February, the company decided to delay its IPO. Investors can expect the IPO in July. Last year, the online pharmacy start-up was valued at Rs 42,197 crore in a Rs 2,635 crore pre-IPO round.

SAMHI Hotels: As of June 2019, the company had a portfolio of 27 operating hotels with a total room count of 4048 in India. Most of their hotels are in urban centers like Hyderabad, Bengaluru, Delhi, Chennai, and Pune. The company has received approval from SEBI for an IPO size of Rs 2000 crore. It will comprise a fresh issue of Rs 1,100 crore and an offer for sale (OFS) for the remaining amount.

These are the most-expected IPOs for July. Investors can expect more IPOs as some companies may decide to come with IPOs in July if the market situation gets better.

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