Most people think Initial Public Offering is when a new company sells its first shares to the public. Although technically that is what an IPO is, there is actually a lot more to it than that. For example, did you know that some of the world's biggest and most successful companies are actually IPOs? We will look at some of the top upcoming IPO and why investors should consider investing in them.
1. Oravel Stays Ltd (OYO)
OYO has helped the hospitality industry grow by empowering hotels with digital storefronts and higher revenue generation potential. The company also provides customers access to different quality and affordable hotels at competitive prices through an easy-to-use system.
2. Go Airlines (India) Ltd
Ultra-low-cost carrier and fastest-growing airline in India, Go Airlines, have increased its domestic aviation sector's market share. In fiscal 2018 alone, it went up from 8% to 10%. This is largely due to young people looking for affordable airfares without compromising service quality or safety standards.
The company believes these two demographics represent an opportunity that cannot be ignored as they continue expanding throughout Asia Pacific Region.
3. Healthium Medtech Ltd
This global medical company focuses on products used in chronic care and surgical and post-surgical care. The company operates across markets like India (where one-fifth of surgeries conducted globally use their product), and the UK. The focus areas are advanced surgery, urology, and arthroscopy wound care. One out of five hospital procedures utilizes a Healthium innovation as of March 31, 2021.
4. Life Insurance Corporation of India IPO
LIC offers Life Insurance for people over 65 years. It is the largest life insurer in the country with:
- 61.6% market share in premiums or GWP
- 61.4% market share in business premium or NBP
- 71.8% market share in the number of Individual Policies issued
- 88.8% market share in the Group Policies issued and Individual agents that comprise 55% of all Individual agents in India as of December 31, 2021
5. boAT (Imagine Marketing Ltd) IPO
The boAT is a digital company and is the largest Indian digital brand concerning revenue driven by operations. The company offers attractive, wide-ranging, high quality and aspirational products, all at reasonable prices, under multiple brands. Founded in 2013, the company established a great market position regarding volume and value in the country.
Which of these upcoming IPOs in 2022 excites you? Read the prospectus thoroughly and accordingly make a choice.