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From Burger King to Kalyan Jewellers: 6 IPOs that will likely hit the market in 2020

Updated : 2020-10-15 15:28:30

The revival in the stock market has created a resurgence of investor interest in IPOs. Despite the pandemic, the Street saw about Rs 180 billion worth of IPOs hitting this year compared to Rs 127 billion last year. According to a Geojit report, as many as 80 companies approached SEBI for approvals this year. While there are a lot of company names that are doing the rounds as prospective IPO candidates for this year – such as NSE, Lodha Developers, AnandRathi and Barbeque Nation – here are six likely candidates, which could list in 2020.

The Chennai-based microfinance lender, Equitas Small Finance Bank is looking to raise Rs 280 crore from its IPO. The bid/offer opening date is October 20, while the closing is set for October 22. The expected date of the listing has been fixed for November 2, 2020. As per its RHP, the company's promoter will sell up to 7,20,00,000 equity shares. (Source: Company Logo)
The Chennai-based microfinance lender, Equitas Small Finance Bank is looking to raise Rs 280 crore from its IPO. The bid/offer opening date is October 20, while the closing is set for October 22. The expected date of the listing has been fixed for November 2, 2020. As per its RHP, the company's promoter will sell up to 7,20,00,000 equity shares. (Source: Company Logo)
State-owned RailTel Corporation of India Ltd filed draft papers with SEBI to raise Rs 700 crore through an initial share-sale. The IPO is entirely an offer-for-sale through which government will offload 8.66 crore equity shares, draft papers filed with SEBI showed. The proposed IPO comprises an offer for sale (OFS) by the government. ICICI Securities, IDBI Capital, SBI Capital Markets Ltd are merchant bankers to the issue. In December 2018, the Cabinet had approved IPO of RailTel Corporation for diluting up to 25 percent government stake. (Company Image)
State-owned RailTel Corporation of India Ltd filed draft papers with SEBI to raise Rs 700 crore through an initial share-sale. The IPO is entirely an offer-for-sale through which government will offload 8.66 crore equity shares, draft papers filed with SEBI showed. The proposed IPO comprises an offer for sale (OFS) by the government. ICICI Securities, IDBI Capital, SBI Capital Markets Ltd are merchant bankers to the issue. In December 2018, the Cabinet had approved IPO of RailTel Corporation for diluting up to 25 percent government stake. (Company Image)
Kerala-based ESAF Small Finance Bank's Managing Director had said it will take a call on Rs 976 crore IPO after September. The Bank had received SEBI's approval in March but could not opt for an IPO due to the lockdown. As per its DRHP, the IPO will comprise a fresh issue worth Rs 800 crore and an offer for sale (OFS) aggregating up to Rs 176.2 crore. (Company Image)
Kerala-based ESAF Small Finance Bank's Managing Director had said it will take a call on Rs 976 crore IPO after September. The Bank had received SEBI's approval in March but could not opt for an IPO due to the lockdown. As per its DRHP, the IPO will comprise a fresh issue worth Rs 800 crore and an offer for sale (OFS) aggregating up to Rs 176.2 crore. (Company Image)
A month back, the Kerala-based Kalyan Jewellers had filed for an IPO to raise around Rs 1,700 crore. According to media sources, the company is planning to see a fresh issue of shares worth Rs 1,000 crore.  Promoter TS Kalyanaraman is expected to raise Rs 250 crore and private equity giant Warburg Pincus, which owns 24 percent stake could raise Rs 500 crore by selling a part of its shares in the IPO. (Company Image)
A month back, the Kerala-based Kalyan Jewellers had filed for an IPO to raise around Rs 1,700 crore. According to media sources, the company is planning to see a fresh issue of shares worth Rs 1,000 crore.  Promoter TS Kalyanaraman is expected to raise Rs 250 crore and private equity giant Warburg Pincus, which owns 24 percent stake could raise Rs 500 crore by selling a part of its shares in the IPO. (Company Image)
During the beginning of this year, one of India's fastest-growing food chains, Burger King India was in talks to raise about Rs 1,000 crore from the market but the lockdown forced the company to defer it. As per the company's RHP, its promoter QSR Asia, planned to sell a part of its stake in the company through the IPO. It is likely to hit the market in November. (Company Image)
During the beginning of this year, one of India's fastest-growing food chains, Burger King India was in talks to raise about Rs 1,000 crore from the market but the lockdown forced the company to defer it. As per the company's RHP, its promoter QSR Asia, planned to sell a part of its stake in the company through the IPO. It is likely to hit the market in November. (Company Image)
The Uttar Pradesh-based Bajaj Energy had received SEBI nod in September, to raise around Rs 5,450 crore through IPO. According to the draft papers, the IPO comprises fresh issue of shares aggregating up to Rs 5,150 crore. (Representative Image)
The Uttar Pradesh-based Bajaj Energy had received SEBI nod in September, to raise around Rs 5,450 crore through IPO. According to the draft papers, the IPO comprises fresh issue of shares aggregating up to Rs 5,150 crore. (Representative Image)
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