What are the IPOs that are expected in the March quarter this year? Will the LIC IPO also happen by March this year?

The IPO rush is expected to gather tremendous momentum in the first quarter of 2022 with 23 companies preparing to raise around Rs.45,000 crore via IPOs. As of now it is still now clear if the LIC IPO will happen in the March quarter but considering the number of formalities that are still pending, it looks more likely to happen in the June quarter than in the March quarter. But there a number of big digital and non-digital IPOs lined up.

Some of the big names that are slated to raise money via IPOs in the Mar-22 quarter include OYO Rooms which will raise Rs.8,430 and Delhivery which will raise Rs.7,460 crore. Among the non-digital names, Adani Wilmar plans to raise Rs.4,500 crore while Emcure Pharma will collect Rs.4,000 crore and Vedanta Fashions will raise Rs.2,500 crore. IPOs of Paradeep Phosphate and Naresh Trehan’s Medanta are also expected in the Mar-22 quarter.