List of Upcoming IPOs in September 2021 : Latest Update
List of Upcoming IPOs in September 2021
The initial public offering (IPO) market is expected to see a variety of large-cap offerings, owing to the strong market momentum that propelled the Sensex and Nifty to record highs in 2021. Investing in initial public offerings (IPOs) provides an opportunity to get in quickly, easily, and profitably. Certain initial public offerings perform exceptionally well, while others receive a negative response from investors.
Despite the pandemic decimating the third and fourth quarters of FY 2020 and putting a whole portfolio of IPOs on hold, the public sector raised over 25,000 crores successfully. This represents a significant increase over the meagre 12,360 crores raised in FY 2019. By 2021, an estimated over 80 companies will have walked through SEBI’s doors in an attempt to obtain the certifications and permissions necessary to launch an initial public offering (IPO) in that year. FY 2021 already has a lengthy list of India’s most recent initial public offerings (IPOs), as investors prepare to pick their IPO investments for the coming fiscal year.
Upcoming IPOs List in September 2021:
| Company Name | Issue Size (₹ cr) | Open Date | Close Date |
| AMI Organics Limited | 570 | Sept 1,2021 | Sept 3,2021 |
| Arohan Financial Services Limited | 1,800 | Yet to be announced | Yet to be announced |
| Vijaya Diagnostic Centre Limited | 1,895 | Sept 1,2021 | Sept 3,2021 |
| Fincare Small Finance Bank | 1,330 | Yet to be announced | Yet to be announced |
| ESAF Small Finance Bank Ltd | 998 | Yet to be announced | Yet to be announced |
| MobiKwik | 1,900 | Yet to be announced | Yet to be announced |
| Aditya Birla Sun Life Asset Management Company | 2,000 | Yet to be announced | Yet to be announced |
| Adani Wilmar | 4,500 | Yet to be announced | Yet to be announced |
| Paras Defence and Space Technologies Limited | 120 | Yet to be announced | Yet to be announced |
| GoFirst | 3,600 | Yet to be announced | Yet to be announced |
| Seven Islands Shipping | 600 | Yet to be announced | Yet to be announced |
| Aadhar Housing Finance | 7,300 | Yet to be announced | Yet to be announced |
| Follow- on Public Offer (FPO) | |||
| Ruchi Soya Industries | 4,300 | Yet to be announced | |
1. Vijaya Diagnostic CentreÂ
One of south India’s largest diagnostic chains, Vijaya Diagnostic Centre, has planned to introduce its IPO on the first day of September. The entire issue of the company is an offer for sale from its promoters and is worth around Rs. 1,895.04 crores. The issue price for the IPO has been set between Rs. 522 and Rs. 531 per equity share.
2. Ami OrganicsÂ
Taking the increased demand for companies operating in the pharmaceutical sector, Ami Organics, a manufacturer of pharmaceutical ingredients has also planned to issue its shares to the public. This is another one of the upcoming IPOs in September 2021. The funds raised from this issue would be used by the company for funding its working capital requirements and for repayment of its financial obligations. The latest IPO of the company is worth Rs. 569.64 crores, with the price band being from Rs. 603 to Rs. 610 per equity share.
3. NaapbooksÂ
The new IPOs in September 2021 list also includes upcoming IPOs from the SME segment. One such public issue from the SME segment is from an Information Technology solutions provider – Naapbooks. The company’s IPO is worth around Rs. 3.99 crores, with the entire public issue being a fresh issue of shares. The price band set by the company is quite affordable at Rs. 71 to Rs. 74 per equity share.
4. BEW Engineering
BEW Engineering is a manufacturing company that’s based out of Maharashtra. The company’s product portfolio includes production of filters and dryers, which are then used in the chemicals industry. BEW Engineering is looking to issue around 684,000 fresh equity shares worth Rs. 3.97 crores and has set the IPO price as Rs. 58 per equity share.
5. Platinumone Business Services
Another one of the upcoming IPOs in the month of September is from Platinumone Business Services, which is a company from the SME segment. The entity specializes in providing Business Process Management Services (BPMS). Around 422,400 equity shares are slated to be sold through this IPO for an aggregate of Rs. 3.89 crores. The IPO price is set at Rs. 92 per equity share.
