Upcoming IPOs of 2018
1) Garden Reach Shipbuilders
Company Profile : The company is incorporated in 1913 and it is a Mini Ratna Category I Company. They are engaged in ship building promoted by President of India, acting through the Ministry of Defence. The PSU company is geared up the ipo worth Rs.1000-1200 crore. The company works on the requirements comes from Indian Navy and Indian Coast Guard. They manufacturer deck machinery items, pre fabricated portable steel bridges and marine pumps. They have three manufacturing facilities in India. They have order book over 2 lakh millions which is a bigger one. They have over 2200 full time employees.
IPO Objective : It plans to continue strengthening its strong relationships with the Indian Navy and the Indian Coast Guard. It is also planning to ramp up focus on the repair and refitting of Indian Navy and Indian Coast Guard vessels. Additionally, GRSE may also increase its research and development spends to boost efforts in the development and design of warships along with engineering product development.
IPO Period : 24-September-2018 to 26-September-2018
IPO Size: Approx Rs. 345 Crore (Approx)
Face Value: Rs.10 Per Equity Share
Price Band: Rs. 115 to 118 Per Share
Listing on: BSE & NSE
2) Aavas Financiers Ltd
Company Profile : Aavas Financiers Ltd is a retail, affordable housing finance company, primarily serving low and middle income self employed customers in semi-urban and rural areas in India. Company is registered with the NHB (National Housing Bank) as an HFC (Housing Finance Company) and commenced operations in Jaipur, Rajasthan in March 2012.
Company conducts its operations through 165 branches spread across 92 districts in eight states of which, they have a significant presence in the four states of Rajasthan, Gujarat, Maharashtra and Madhya Pradesh.Since the commencement of Company’s operations in March 2012, they have served more than 57,000 customers.
IPO Objective : Company intends for massive expansion of its branches in new cities and states. And has a vision to drive greater and deeper penetration in the eight states in which they operate and set up an additional 70 branches during Fiscal 2019.
Company also intends to commence operations in the state of Uttarakhand during Fiscal 2019.
IPO Period : 25-September-2018 to 27-September-2018
Issue Size: Approx Rs. 1734 Crore (Approx)
Offer for Sale: 16,249,359 Equity Shares
Face Value: Rs.10 Per Equity Share
Price Band: Rs. 818 to 821 Per Share
Listing on: BSE & NSE
3) John Energy Ltd
Company Profile : John Energy is one of India’s leading private onshore Oil & Gas service providers catering to upstream and midstream players in India and overseas.
They provide diversified service offerings spanning drilling, workover and gas compression services to the companies engaged in the onshore exploration, development and production of Oil & Gas.
Company owns a fleet of 34 rigs comprising of 19 Drilling Rigs and 15 Workover Rigs.They currently own 7 rigs with capacities above 1,000 HP which are capable of drilling depths 5,000 meters and beyond.
Issue size: Around 500 crore
Issue period: Expected in September/October
Price band: Not finalised
4) Mazagon Dock Shipbuilders
Company Profile : The PSU Company is promoted by President of India. They are India’s biggest warship builders. Mazagon Dock Shipbuilders has current order for building four P-15B destroyers, four P-17A stealth frigates and five Scorpene class submarines for the Indian Navy. The value of the order is around 52000 crore rupees. The company is located in Mumbai and they are the only shipyard which build destroyers and conventional submarines for the Navy.
IPO Date: Not finalized
IPO Size: Approx Rs. 800-1000 Crore (Approx)
Price Band: Not Finalized
Listing on: BSE & NSE
5) CMS INFO SYSTEMS LIMITED
Company profile: CMS Info Systems Limited a cash management company. According to its website, the company provides a wide range of services across each stage of the cash cycle in India. It serves 1,05,000 business points that are spread across 98.3% of districts in India.
IPO objective: Liquidity for shareholders and brand building.
Issue size: Rs 1,000 crore
Issue period: Not finalised
Price band: Not finalised
6) NATIONAL STOCK EXCHANGE OF INDIA LIMITED
Company profile: The National Stock Exchange (NSE) is the leading stock exchange in India and the fourth largest in the world by equity trading volume in 2015, according to World Federation of Exchanges. NSE has a fully-integrated business model comprising exchange listings, trading services, clearing and settlement services, indices, market data feeds, technology solutions and financial education offerings.
IPO objective: Proceeds of shares will go to existing shareholders.
Issue size: Rs 10,000 crore
Issue period: Not finalised
Price band: Not finalised
7) AGS TRANSACT TECHNOLOGIES LIMITED
Company profile: AGS Transact Technologies Limited is an end-to-end payment solutions provider with a wide spectrum of products for the banking, retail, petroleum and transit sectors. Its three major lines include banking automation solutions, payment solutions and automation solutions.
IPO objective: Buyback shares from private equity investors.
Issue size: Rs 450 crore
Issue period: Not finalised
Price band: Not finalised
8) CATHOLIC SYRIAN BANK LIMITED
Company profile: CSB is a private sector bank incorporated in 1920. It has a network of over 430 branches and more than 240 ATMs across India.
IPO objective: Beef up capital position for Basel III norms and increase loan book size.
Issue size: Rs 450 crore
Issue period: End of September
Price band: Not finalised
9) PURANIK BUILDERS PRIVATE LIMITED
Company profile: Puranik Builders Private Limited is a real estate developer with projects in Thane and Pune. It was founded in 1968 and has developed over 520,000 sq. mt of land over the years.
IPO objective: Repayment of loan and other general corporate purposes.
Issue size: Rs. 1,000 crore
Issue period: Not finalised
Price: Not finalised
10) MONTECARLO LIMITED
Company profile: Ahmedabad-based Montecarlo is an infrastructure construction and development company. It has operations across highways, railways, buildings and factories, mining, energy infrastructure and water and irrigation verticals of the infrastructure sector.
IPO objective: Investment in the company’s projects, to meet working capital requirements and for other general corporate purposes.
Issue size: Rs 550 crore
Issue period: Not finalised
Price band: Not finalised
11) NEKKANTI SEAFOODS LIMITED
Company profile: Nekkanti Sea Foods is an exporter of seafood and has been in the business for over two decades. It is currently operating three USFDA-approved factories located in Andhra Pradesh.
IPO objective: Fulfil working capital requirements.
Issue size: Rs 750 crore
Issue period: Not finalised
Price band: Not finalised
12) ANMOL INDUSTRIES LIMITED
Company profile: Anmol Industries is one of the leading FMCG companies in North and East India. It is a branded packaged food company focused on biscuits (61 varieties) and cakes (26 varieties). It is looking to diversify to South and West India as well.
IPO objective: Proceeds of shares will go to existing shareholders.
Issue size: Rs 750 crore
Issue period: Not finalised
Price band: Not finalised
13) BARBEQUE NATION HOSPITALITY LIMITED
Company profile: Barbeque Nation Hospitality owns and operates Barbeque Nation Restaurants. Founded in 2006 with a single restaurant, it has established more than 80 so far. In 2015, it opened its first international outlet in Dubai.
IPO objective: Setting up new restaurants in India, repayment of loans, and general corporate purposes.
Issue size: Rs 600 crore
Issue period: Not finalised
Price band: Not finalised
14) GENESIS COLORS LIMITED
Company profile: Genesis Colors is the holding company of fashion brands like Satya Paul and Bwitch. It is the Indian distribution partner for international brands like Jimmy Choo, Armani, Paul Smith, Bottega Veneta, Michael Kors, Hugo Boss, Tumi, among others.
IPO objective: To increase its stake in the subsidiary that distributes premium international brands including Jimmy Choo and Armani.
Issue size: Rs 650 crore
Issue period: Not finalised
Price band: Not finalised
15) HINDUJA LEYLAND FINANCE LIMITED
Company profile: Founded in 2008, Hinduja Leyland Finance Limited finances commercial and personal vehicles, which include medium and heavy commercial vehicles, light commercial vehicles, small commercial vehicles, cars, multi-utility vehicles, three wheelers, and two-wheelers. It also finances tractors and construction equipment, and provides loans against property.
IPO objective: Proceed will follow a schedule of implementation and deployment accordingly.
Issue size: Rs 1,200 crore
Issue period: Not finalised
Price band: Not finalised
16) PN GADGIL & SONS LIMITED
Company profile: PN Gadgil & Sons Limited is a reputed Pune-based jewellery chain. The business has been passed down six generations. It currently has 25 stores across Maharashtra, Gujarat and Karnataka.
IPO objective: Business expansion and debt repayment.
Issue size: Rs 500 crore
Issue period: Not finalised
Price band: Not finalised
17) FLEMINGO TRAVEL RETAIL LIMITED
Company Profile: Flemingo is a global travel retailer. Flemingo operates duty-free stores across the world in airports and seaports of various sizes.
IPO Objective: Funds will be utilized towards the acquisition of 100 per cent of the equity interest in Flemingo International (UK) Ltd from corporate promoters.
Issue size: Rs 2,600 crore
Issue Period: Not finalized
Price band: Not finalized
18) NAZARA TECHNOLOGIES LIMITED
Company profile: Nazara Technologies Ltd is one of the leading mobile games companies headquartered in Mumbai, which is engaged in acquisition of, value addition to and distribution, of mobile games across emerging markets such as India, Middle East, Africa, South East Asia and Latin America.
IPO objective: Provide liquidity to existing shareholders/ brand building.
Issue size: Rs 3,000 crore
Issue period: Not finalised
Price band: Not finalised
19) SSIPL RETAIL LIMITED
Company profile: SSIPL is an integrated sportswear company that manufactures, retails and distributes international sports and lifestyle brands. It has multi-brand stores spread across 90 cities with four lakh square feet of retail presence.
IPO objective: Funds raised will be used to expand its retail network and modernization of existing manufacturing facilities.
Issue size: Rs 400 crore
Issue period: Not finalized
Price band: Not finalized
20) INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED
Company profile: IREDA is a Government of India enterprise under the administrative control of Ministry of New and Renewable Energy. Established in 1987, it is engaged in promoting, developing and extending financial assistance for setting up projects relating to new and renewable sources of energy and energy conservation.
IPO objective: Proceeds will be used to augment the company’s capital base for meeting future capital requirements and another general corporate purpose.
Issue size: Rs 900 crore
Issue period: Not finalised
Price band: Not finalised
21) BHARAT HOTEL LIMITED
Company profile: Bharat Hotels operates 12 luxury hotels, palaces and resorts under ‘The LaLiT’ brand, and two mid-market segment hotels under ‘The LaLiT Traveller’ brand across the country’s key business and leisure travel destinations, offering 2,261 rooms.
IPO Objective: Proceeds of the issue will be utilised towards repayment of certain loans availed by the company, and for other general corporate purposes.
Issue size: Rs 1,200 crore
Issue period: Not finalised
Price band: Not finalised
22) CHALET HOTELS LIMITED
Company profile: Incorporated in 1986, Chalet Hotels Limited is based in Mumbai. It owns and operates JW Marriott, Westin, Marriott, Marriott Executive Apartments, Renaissance, and Four Points by Sheraton brands.
IPO objective: Proceeds of the issue will be used to expand rooms in existing hotels, spread to new geographies and repay debt.
Issue size: Rs 2,000 crore
Issue period: Not finalised
Price band: Not finalised
23) PRINCE PIPES AND FITTINGS
Company profile: Prince Pipes and Fittings is India’s third-largest PVC pipes manufacturer. It is committed towards innovations in plumbing, irrigation and sewerage technologies to meet the nation’s constantly increasing water demands. It has five manufacturing plants – two in Silvassa and one each in Haridwar, Chennai and Kolhapur.
IPO objective: Not revealed
Issue size: Rs 800 crore
Issue period: Not finalised
Price band: Not finalised
24) RELIANCE GENERAL INSURANCE COMPANY LIMITED
Company profile: Reliance General Insurance Company Limited, a leading private-sector general insurance company, is a part of Anil Ambani-led Reliance Group. It has 139 offices and more than 26,587 intermediaries across India, along with online and tele-calling services.
IPO objective: Augmenting the solvency margin and consequently increase the solvency ratio, and meeting future capital requirements.
Issue size: Rs 1,600 crore
Issue period: Not finalised
Price band: Not finalised
25) SEVEN ISLANDS SHIPPING LIMITED
Company profile: Seven Islands Shipping is a sea-borne logistics company. It was formed by a group of mariners from the Indian shipping fraternity in 2003. It operates under two categories — crude oil trade and liquid products trade.
IPO objective: Funds raised through the issue will be used to buy a very large crude carrier and for other general corporate purposes.
Issue size: Rs 450 crore
Issue Period: Not finalised
Price band: Not finalised
26) CAPRICORN FOOD PRODUCTS INDIA LIMITED
Company profile: Capricorn Food Products India Limited is a food processing company with export and domestic operations. The Chennai-based company was established in 1998. It manufactures tropical fruit pulp, purees and concentrates, frozen fruits and vegetables, and fruit juices.
IPO objective: Repayment of debt availed by Capricorn Food Products India and its subsidiary, and for general corporate expenses.
Issue size: Rs 500 crore
Issue period: Not finalised
Price band: Not finalised
27) IRCON INTERNATIONAL LIMITED
Company profile: Ircon International Limited is a government company incorporated in 1976. It is a specialised construction company with core competence in railway and highway construction, EHP sub-station and MRTS. Ircon has completed 300 projects in India.
IPO objective: Boost rural and infrastructure spending.
Issue size: Rs 550 crore
Issue period: Not finalised
Price band: Not finalised
28) LODHA DEVELOPERS LIMITED
Company profile: Lodha Developers coming up with an IPO around 3750 crore which is approved by SEBI. It will be one of the biggest ipo after DLF which was the top in initial public offer in 2017. The second largest in term of the fund raise Lodha Developers ipo is coming soon. The company has a value around Rs.38000 crores as per market sources. The company is based in Mumbai. Lodha Developers are one of the well know real estate developers in India. They are develoers of residential and commercial buildings. They already developed numbers of building and residential schemes.
IPO objective: Share of sale will help them to reduce its debt.
Issue size: Rs 5,500 crore
Issue period: Expected was expected in August but than was later delayed.
Price band: Not finalised
29) VLCC HEALTH CARE LIMITED
Company profile: Founded by Vandana Luthra in 1989, VLCC Health Care Limited has 400 wellness centres and 75 skill development centres. It has four main business wings – Wellness, Personal Care Products, Vanity Cube and Institute.
IPO objective: Setting up VLCC Wellness Centres, establishing VLCC Institutes, repayment of loans, brand development and general corporate purpose.
Issue size: Rs 400 crore
Issue period: Not finalised
Price band: Not finalised
30) RENEW POWER LIMITED
Company profile: ReNew Power Limited is a power producer of clean energy. It claims to be India’s largest renewable energy IPP (Independent Power Producer) with a capacity of more than 5,800 MW of wind and solar power assets across the country. Of this, more than 3,900 MW of assets are already operational.
IPO objective: Proceeds will be used for redemption of debentures and for funding acquisitions and other strategic initiatives.
Issue size: Rs 5,000 crore
Issue period: Expected in August/ September
Price band: Not finalised
31). DEVI SEAFOODS LIMITED
Company profile: Devi Seafoods Limited has been in business for over two decades. It is one of the largest exporters of seafood in India. The company has its own processing plant, aquaculture farms and shrimp hatchery, which gives them full control over the entire supply chain.
IPO objective: Proceeds from the secondary sale will go to the promoters.
Issue size: Rs 1,200 crore
Issue period: Not finalised
Price band: Not finalized
32). CREDIT ACCESS GRAMEEN LIMITED
Company profile: Credit Access Grameen Limited is a microfinance company that provides timely and affordable credit to India’s poor and low-income households. It offers collateral-free loans as well to women with the aim of creating equal opportunities.
IPO objective: Proceeds to be used for augmenting its capital base to meet future capital requirements / brand building.
Issue size: Rs 1,200 crore
Issue period: Not finalised
Price band: Not finalised
DICLAIMER :- The IPO information and details are based on the press releases, news and updates we get from internet so dates and ipo details might vary sometime. And this information shared is purely for educational and information purpose. Please refer the financial adviser before investing.