Upcoming IPO in June 2021

By Angel Broking | Published on 25th May 2021 | 13274

Upcoming IPO in June 2021

The fiscal year ending March 2021 was a bumper year for the IPO market and the momentum is expected to continue into 2021-22. After a lull in the early months of 2021, the year is all set for some IPO action.

IPOs in the fiscal year 2020-21

IPOs in FY 2020-21 55
Amount raised via public issue (Initial public offer + follow-on public offers) in FY20-21 Rs 46,000 crore
Amount raised only through IPO in FY 2020-21 Rs 31,000 crore

Here’s a list of upcoming IPOs for 2021. Some of these companies have filed for draft red herring prospectus (DRHP) in May 2021, while some others filed the preliminary papers in February 2021 and have received market regulator SEBI’s nod as well.

Companies Size
Star Health Rs 2,000 crore
Zomato Rs 8250 crore
Penna Cement Rs 1550 crore
GoAir Rs 3600 crore
Shyam Metalics Rs 1107 crore
Arohan Financial Rs 1800 crore
Dodla Dairy Rs 800 crore
KIMS Hospitals Rs 700 crore
Clean Science and Technology Rs 1400 crore
Sona BLW Precision Holdings Rs 6000 crore
Aptus Value Housing Rs 3000 crore
Windlas Biotech Fresh issue – Rs 165 cr, pre IPO placement of Rs 50 crore.
India Pesticides Rs 800 crore
Medi Assist Healthcare Services Rs 850 crore
Krsnaa Diagnostics Rs 1200 crore
Supriya Lifesciences Rs 1200 crore
CarTrade Rs 2000 crore
Nuvoco Vistas Rs 5000 crore
Devyani International Rs 1400 crore
Chemplast Sanmar Rs 3500 crore
Fincare Small Finance Bank Rs 1330 crore

IPO in June 2021

The list of upcoming IPOs in June 2021 may include the following companies:

Zomato

This is the most awaited upcoming IPO in June 2021. The food aggregator and delivery service firm Zomato will be launching its Rs 8250-crore sized IPO. The company plans to raise Rs 7500 crore through a fresh issue and Rs 750 crore through an offer for sale. It plans to channelise Rs 5625 core towards its growth for the next five years. The company had filed its DRHP towards the end of April, 2021.

Shyam Metalics and Energy

This Kolkata based firm has received the SEBI go-ahead to float its IPO, which is worth Rs 1107 crore. The expected IPO in June 2021 includes fresh issuance of equity shares adding up to Rs 657 core and an offer for sale worth Rs 405 crore. The company filed its DRHP in February 2021. The company is into the sale of thermo mechanically treated bars and structural products.

Krishna Institute of Medical Sciences

KIMS Hospital IPO received SEBI observation towards the end of April 2021. The expectation is that the IPO June 2021 calendar may see this healthcare group in its list. KIMS IPO has a fresh issue of shares worth Rs 200 crore and offer for sale of up to 21,340,931 shares.

Dodla Dairy

This is another upcoming IPO June 2021 may bring. The Telangana based dairy product manufacturing firm is expected to launch its Rs 800 crore initial public offering. Dodla Dairy IPO includes a fresh share issuance of up to Rs 50 crore and an offer for sale of up to 10,085,444 equity shares. The company filed its DRHP in February 2021.

Arohan Financial Services

This non-banking financial company is expected to launch a Rs 1800-crore IPO in June. The offer includes a fresh issuance of shares worth Rs 850 core and an offer of sale of 2,70,55,893 shares. The company had filed a DRHP in February 2021.

Sona Comstar

Auto component maker Sona BLW Precision Forgings (Sona Comstar) has received SEBI nod to raise Rs 6,000 crore through initial sale of shares. The new IPO June 2021 includes a fresh issuance worth Rs 300 crore and an offer for sale of up to Rs 5,700 crore. The company had filed its preliminary papers in February and received SEBI observations in early May.

Upcoming IPO FAQs

Now that you have updated your IPO calendar June 2021, it is time  to look at some frequently asked questions.

How can one apply for IPO June 2021?

If you are looking at a June IPO 2021, you can apply for the offering by visiting the website of your brokerage. If you are an investor and have an IPO/demat and trading account with Angel Broking, you can apply for the IPO through the Angel Broking website or through its app.

Where do I get an application form for an upcoming IPO in June 2021?

You can get an application form for any June IPO 2021 by visiting the website of your broker or downloading it from the NSE/BSE website. You can also get the form from your broker’s office, fill in the form with details and submit with your broker physically. If you wish to submit the form with a bank or broker either online or offline, you should avail the ASBA (application supported by blocked amount) facility.

What is the IPO in June 2021 issue size?

If you have been looking at IPO list June 2021 and wondered what the issue size is, the term is used to describe the total monetary value of the IPO, arrived at by multiplying the number of shares with the price per share.

How to subscribe to an upcoming IPO in June 2021?

If you wish to subscribe to any of the IPOs in June 2021, you can either look for an application online or offline, then fill an ASBA form and provide your know your customer (KYC) information. You would need to avail the ASBA facility to ensure that your bank authorises money for investment. On the day of allotment, your amount is debited for your allotment of shares.

How to check an IPO in June 2021 start date?

If you have applied for an IPO on the Angel Broking website/app, you can visit the site or the app and look up all details of your chosen IPO, including start and closing date, and size of the IPO. You can also check the IPO calendar for upcoming IPOs.

Conclusion

Now that you know all about the likely IPOs in June, plan your investments in time and check the Angel Broking website and app for the IPO calendar and all the details pertaining to the upcoming IPOs for the year.