Expected IPO’s Of Indian Companies in 2021
The pandemic has severely impacted many start-ups with a whole portfolio of IPOs being put on hold. In 2021, more than 80 companies have filed for permission and been granted the certificates to come out with an IPO in 2021. For investors, this means opportunities to get in early, get in fast, and aim at earning big. FY 2021 has a long-range of IPOs already lined up, as investors gear up to pick their IPO investments next financial year. Let’s have a look at some of the top IPOs that are getting investors excited and optimistic.
Here are the top 5 IPOs that are expected to leap up in 2021:
Flipkart- A couple of years after the news of Walmart acquiring a stake in Indian online retail website Flipkart hit the market, the retail industry giant is all set to unload its recent acquisition onto the IPO markets. With a valuation of about 25 billion dollars as per its last round of funding, the company would be the first-ever Indian original country to be traded on the US exchange.
Paytm- The Indian Mobile App Payments rose to the limelight during demonetization in 2016. Paytm has helped facilitate the digital transfer of money and has been good to numerous small businesses. Paytm leads the Indian mobile payments market as it has acquired over 150 to 200 million active users alongside 16 million merchants being registered with the company looking to launch its IPO in 2021. While it is still unclear when the IPO will be launched exactly, some estimate that the IPO date might come after 2021
BYJUs- The global pandemic has severely impacted the education industry and has paved the way for remote learning. One company that was ahead of its time was BYJUs which offers online courses in various fields. The pandemic increased engagement on the website by 300%. With its recent acquisition of Aakash Education, its valuation has increased to $12 billion making BYJUs IPO one of the most anticipated in the Indian market
OLA Cabs- India’s first unicorn is expected to go public in 2021. The online cab booking service has been offering rides to more than 1 billion customers per year and enjoys the luxury of 55% market share in the Indian Markets. With its expansion to London and revenue growing over 39% from 2019, Ola has raised more than 3.3 billion dollars and is eyeing an IPO in 2021.
Zomato- The Indian restaurant aggregator and food delivery start-up founded by Deepinder Goyal and Pankaj Chaddah has been serving customers for more than 12 years. With its brilliant marketing and menstrual leaves for women, Zomato has always been in the news for the right reasons. The company has delivered more than 130 million orders since the lockdown and is currently valued at $4 billion and is expected to go public in the first half of 2021.
Investors watch out for these companies to make it large as they plan to go public in the coming year. No need to worry about missing out on these companies with Dalalstreet.ai as its AI-based algorithm will allow you to invest in these companies at the right time in order to maximize your returns.