Upcoming IPO in May 2021

By Angel Broking | Published on 7th May 2021 | 5743

Upcoming IPO in May 2021

The financial year 2021 saw more than 30 IPOs raising nearly Rs 39,000 crore. In the first quarter of FY22, ie, April to June, at least 10 to 15 IPOs are expected. In the first three months of 2021, India saw 22 IPOs, including Indian Railway Finance Corp IPO, which was the largest, with a size of more than 124.75 crore equity shares.

The most anticipated IPO for 2021 is food delivery aggregator Zomato, which has filed its draft papers with the Securities and Exchange Board of India (SEBI) for its $1 billion issue. The company is likely to be valued at over Rs 53,000 crore, bigger than one-third of the firms which make up the Nifty50 Index.

Here are some of the IPO in May 2021 –

Company Size
Dodla Dairy Ltd Rs 800 crore
Paras Defence and Space Technologies Ltd Rs 250-300 crore
KIMS Hospitals Rs 700 crore
Sona Comstar Rs 6,000 crore

IPOs in May expected

While this is the list of upcoming IPOs for the entire year of 2021, IPOs in May 2021 that one needs to keep an eye on include Dodla Dairy Ltd, Paras Defence and Space Technologies Ltd. KIMS Hospitals and Sona Comstar Ltd only for the month of May.

Dodla Dairy Ltd

Dodla Dairy is a Hyderabad-based dairy company that is into selling branded milk and dairy-based products with 13 processing plants in India. The Dodla Dairy public offer is an upcoming IPO in May 2021; the issue date was earlier expected to hit the market in April. The company, which is expected to announce its date for the IPO in May 2021, has issued fresh shares worth Rs 50 crore, apart from an offer for sale (OFS) of up to 10,085,444 equity shares.

Paras Defence and Space Technologies Ltd

A much-awaited IPO May 2021 is from Paras Defence and Space Technologies. The company is the space of designing, developing, testing and manufacturing of defence and space engineering solutions. The company is looking at a pre-IPO equity share placement of Rs 35 crore. One of the upcoming IPOs in May 2021, the company’s offering has a Rs 120-crore fresh issuance of shares and an OFS of 17, 24,490 equity shares.

KIMS Hospitals

One more public offer on the IPO calendar May 2021 is that of Krishna Institute of Medical Sciences Ltd. KIMS is a leading healthcare group that operates in Telangana and Andhra Pradesh, with more than 2500 beds. The KIMS Hospitals is looking to raise Rs 700 crore through its initial sale of shares. The IPO consists of fresh share issue worth Rs 200 crore. The OFS is up to 21,340,931 shares through its current shareholders and promoters.

Sona Comstar

Another new IPO May 2021 is expected to bring is that of auto component manufacturer Sona BLW Precision Forgings, also called Sona Comstar. The company has sought to raise Rs 6,000 crore through the IPO. The Soma Comstar IPO includes a fresh issue worth Rs 300 crore and an OFS that is expected to add up to Rs 5,700 crore. The company serves original equipment managers across commercial and passenger vehicles, and also off highway vehicles in India, China, the US and Europe.

Here are some of the upcoming IPOs for the entire year of 2021

Company Size
Paras Defence and Space Technologies Ltd Rs 250-300 crore
Krishna Institute of Medical Sciences (KIMS) Rs 700 crore
India Pesticides Rs 800 crore
Dodla Dairy Ltd Rs 800 crore
Sona Comstar Ltd Rs 6,000 crore
Seven Islands Shipping Ltd Rs 600 crore
Chemplast Sanmar Ltd Rs 3,500 crore
National Commodity & Derivatives Exchange Ltd (NCDEX) Rs 500 crore

Upcoming IPO FAQs

How can one apply for IPO May 2021?

You can apply for IPO online through the Angel Broking website or the mobile trading app.

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

You can get an online application for the upcoming IPO on the website or on the app. The online application can either be cancelled or modified by just one click. Investors need to get the Application Supported by Blocked Account (ASBA) facility that is available to IPO applicants in physical or demat form.  If you need an offline application, you could visit your broker’s office.

What is IPO in May 2021 Issue Size?

The overall value of an IPO is called the issue size. It is calculated by multiplying the number of shares a company offers with the issue price for each share.

How to Subscribe to an Upcoming IPO in May 2021?

You would need to apply via your trading website or the mobile trading app. You are required to fill the ASBA for and provide all the KYC details. On the basis of the funds you have and the share price, you can choose a specific number of shares. On the day of allotment, the amount gets debited. You can also use your UPI ID as a payment mode.

How to check an IPO in May 2021 Start Date?

You can click on the IPO listed on your trading platform and look up all details of the IPO, including start date and closing date. You can also click on the IPO calendar on the trading platform or website.

Conclusion

Now that you have access to IPOs in May 2021, you can track the IPOs so you know when  the dates get announced in May or get deferred to an upcoming month in 2021. Keep an eye on the IPO list May 2021 and apply for one when the dates are made public. If you are a new investor and wish to invest in IPOs, you could open a demat account for free with Angel Broking and grow your wealth.