Gear-up for the next season of IPO's in July 2021

"Strike while the iron is hot" proverb perfectly fits into this IPO flourishing season.

Further to our previous three articles on IPO seasons 1) (IPO Season is back with diversified sectors) 2) (Flourishing IPO in a dry spell) and 3) (IPO season is back; But too many irons in the fire). Around five companies will hit capital market through IPO within next two weeks. Driven by improved investor sentiments and new line of Millennial investors, capital market is expected to raise over another thousand/s crores through IPO's. 

Companies looking to raise funds through IPO from varied sectors including Diagnostics, Consumer foods, Building Materials, Biotech and Technology-IT. IPO of these companies will start on the floor beginning 4th July. This week will be jam packed with IPO's from Diagnostics chain - Krsnaa Discnostics Ltd. along with it Consumer Food chain owner Devyani Internal, EXXARO Tiles, Windlass Biotech would begin their subscriptions. Online Technology platform for Car Buy/Sell - Cartrade Tech IPO would begin 9th of this month.

Many more IPO's are lined up to hit capital market in the coming months.

Company Name	Open Date	Close Date
Krsnaa Diagnostics	4-Jul-2021	6-Jul-2021
Devyani International	4-Jul-2021	6-Jul-2021
EXXARO TILES	4-Jul-2021	6-Jul-2021
Windlas Biotech	4-Jul-2021	6-Jul-2021
CarTrade Tech	9-Jul-2021	11-Jul-2021

*TBA: To be Announced

Investors must remain cautious to select right IPO during this peak season. Strong Fundamentals, Promoters experience and Quality management would only remain the key success of the company in the long run.

During the past IPO season in February and March 2021, we have seen too many blockbuster IPO's with mind boggling subscriptions including MTAR Technologies , Easy Trip Planners and Nazara Technologies IPO's. Companies have raised over thousands of crores through IPO's during the first three months of 2021. Several other companies are rushing to raise funds now as iron is through IPO route.

Number of companies going for IPO has increased substantially since the begenning of 2021. Companies are lined up to raise funds or in process of raising funds from capital markets in the form of IPO largely led by strong investors sentiments. Would these companies give better returns to investors, only time will tell. . 

Untill then, keep applying in good IPO's. Also, wait and watch on IPO dates and subscription figures to keep a tab on IPO demand.

Happy Investing!!

Source: SEBI, BSE/NSE, Merchant Banker, News sources