An IPO is an initial public offering. In an IPO, a privately owned company lists its shares on a stock exchange, making them available for purchase by the general public.

There are other reasons for a company to pursue an IPO, such as raising capital or boosting a company’s public profile:

  • Companies can raise additional capital by selling shares to the public. The proceeds may be used to expand the business, fund research and development or pay off debt.
  • Other avenues for raising capital, via venture capitalists, private investors or bank loans, may be too expensive.
  • Going public in an IPO can provide companies with a huge amount of publicity.
  • Companies may want the standing and gravitas that often come with being a public company, which may also help them secure better terms from lenders.

November 2021 started with a bang and is likely to be a busy month for IPOs. While actual IPO announcements will be coming, early indications from investment bankers, indicate the following IPOs hit the market in November 2021 or likely to hit. The IPO list is sector-wise.

Upcoming IPO in November 2021

Company NameIPO Size (Estimated)IPO Month
Emcure PharmaceuticalsRs.4,500 croreNov-21
Skanray TechnologiesRs.400 crore + OFSNov-21
One97 Communications (Paytm)Rs.18,300 croreNov-21 (08-Nov)
PB Fintech (Policybazaar)Rs.5,625 croreNov-21 (01-Nov)
MobiKwikRs.1,900 croreNov-21
IxigoRs.1,600 croreNov-21
RateGain Travel TechnologiesRs.1,200 croreNov-21
Star Health And Allied Insurance Co. Ltd.Rs.3000 croreNov-21
Arohan FinancialsRs.1,800 croreNov-21
Northern Arc CapitalRs.1,800 croreNov-21
Utkarsh Small Finance BankRs.1,350 croreNov-21
Fincare Small Finance BankRs.1,330 croreNov-21
ESAF Small Finance Bank LtdRs.998 croreNov-21
Penna CementRs.1,550 croreNov-21
Sterlite Power TransmissionRs.1,250 croreNov-21
Paradeep PhosphatesRs.1,255 crore + 12 cr shares OFSNov-21
Shri Bajrang Power And IspatRs.700 croreNov-21
Adani WilmarRs.4,500 croreNov-21
Sapphire FoodsRs.2,073 croreNov-21 (09-Nov)
CMS Info SystemsRs.2,000 croreNov-21
Keventer AgroRs.800 croreNov-21
Shriram PropertiesRs.800 croreNov-21
Seven Islands ShippingRs.600 croreNov-21
Latent View AnalyticsRs.600 croreNov-21 (10-Nov)
SJS EnterprisesRs.600 croreNov-21 (01-Nov)
Studds Accessories LimitedRs.450 croreNov-21
Sigachi IndustriesRs.125 croreNov-21 (01-Nov)