Posted on 12-02-2021 by Admin
PolicyBazaar IPO: PolicyBazaar was established in the year 2008 with Info Edge being the initial investor. Policy Market is the largest online insurance company in India with more than 90 percent market share. PolicyBazaar s plan will bring in a valuation funding round of more than $ 2 billion before the IPO in September 2021.
Paytm, which is set up in 2010, can launch its IPO this year. SoftBank, Ant Financial, T Rowe Price and Discovery Capital are the main investors. Ant Financial is the largest investor in the firm with a 40% stake. The company has 15 to 20 crore daily users. UPI-dependent mobile payments are expected to grow by more than 60% in the next five years.
Ola (OLA) is a major cab service provider. It has funding from Tiger Global as well as Chinese company Tencent (Tencent). Currently, the company rides more than 100 million annually. Indian market has 55% market share.
ByJus is India s premier e-learning platform. It has grown rapidly during the epidemic. Lightspeed and Sequoia have invested in it. Based on the fund, the valuation is $ 10.8 billion. The company has over 7 crore registered users. Both India and America can have a list of boys.
How to apply for an IPO?
Nowadays, due to online registration, it has become very easy to register for IPO. Most nationalized banks and stockbrokers offer online platform facilities. An investor has to open a demat account with the brokerage institution providing the IPO service to apply online.
Five IPOs have come so far in 2021
RailTel will be the 6th IPO coming in 2021. Earlier, IPOs of Indian Railway Finance Corporation, Indigo Paints, Home First Finance Company, Stove Craft and Brookfield India Real Estate Trust have come.