In an exchange statement on 25 October, Ola Electric Mobility stated that the board had authorised funding up to INR 1,500 crore through the issuance of securities. A plan to raise money through the issuance of shares or convertible securities, including warrants, through rights issues, qualified institutional placements, private placements, or any other method allowed by applicable laws has been reviewed and approved by the board, according to the Bengaluru-based electric vehicle manufacturer. No more than INR 1,500 crore will be raised in total. The EV manufacturer did not reveal why the money was being raised.
Ola’s Fund Raising History
The board of Ola Electric authorised the issuing of Non-Convertible Debentures (NCDs) or any other suitable debt securities on May 22 of this year in order to raise 1,700 crore. Additionally, the business stated that it will raise money through working capital facilities and term loans.
The company had stated in a filing that the Board of Directors of Ola Electric Mobility Limited (“the company”), at its meeting on May 22, 2025, has, among other things, considered and approved the proposal of fundraising by borrowing funds within the borrowing limits approved by the shareholders of the company. This fundraising will be conducted through the issuance of Non-Convertible Debentures (NCDs) or any other eligible debt securities in one or more tranches, on a private placement basis, or through such other methods as may be permitted under applicable laws.
Ola Electric to Expand Through Fund Raising
Ola Electric was founded in 2017 and raised more equity when it went public in August 2024. Market share erosion and regulatory enquiries, such as discrepancies between reported sales and car registrations, have been challenges for the company since listing.
Due to increased competition from car giants like Bajaj Aito and TVS Motor Company, the company’s market share has also decreased. As the electric scooter manufacturer struggled with a steep decline in sales, Ola Electric reported a larger net loss for the April–June quarter (Q1) of 2025–26 (FY26). The company’s consolidated loss for the same time last year was INR 428 crore, up 23% from INR 347 crore.
Quick Shots
•Ola
Electric’s board has approved raising INR 1,500 crore through shares or
convertible securities.
•Total
amount to be raised capped at INR 1,500 crore.
•In
May 2025, Ola Electric raised INR 1,700 crore via Non-Convertible Debentures
(NCDs) or other debt securities.
•Additional
funds were raised through working capital facilities and term loans.
•Founded
in 2017, went public in August 2024.
•Faces
market share erosion and regulatory scrutiny over sales vs. registration
discrepancies.
•Q1
FY26 net loss: INR 428 crore (up 23% from INR 347 crore last year).
•Competition from Bajaj Aito and TVS
Motor Company impacting sales and market share.
Using non-convertible debentures (NCDs), beauty and personal care eCommerce giant Nykaa is raising INR 125 crore, or around $15 million.
The business announced in a Monday regulatory filing that Nykaa E-Retail Limited, a 100% subsidiary of FSN E-Commerce Ventures Limited, had received approval from its board of directors to issue up to 12,500 NCDs, each with a face value of Rs 1 lakh.
An undisclosed international portfolio investor will receive these dematerialized debentures through a private placement.
Transformational Changes and Growth in the Company
In a recent announcement, Nykaa gave its approval for the sale of its western clothes and accessories business to FSN E-Commerce Ventures for a total of INR 133 crore. In addition, Nykaa Fashion has merged with Iluminar Media Limited, which is the media subsidiary of Nykaa and is responsible for operating the LBB platform.
Eventually, Nykaa Cosmetics will start selling and trading cosmetics and personal care items on a global scale.
In addition, Nykaa acquired Nykaa Fashion Limited’s western clothing and accessories division in May for INR 133.7 crore as part of its most recent business vertical restructuring.
At the end of the fiscal year 24 (FY24), Nykaa’s revenue from operations reached INR 6,386 crore, which is a 24.1% rise from INR 5,144 crore in FY23.
In addition, the company’s profit increased by 90.5%, going from INR 21 crore in the previous fiscal year to INR 40 crore in the current fiscal year, which is a significant increase.
Making Investments in Subsidiaries
In its annual report, Nykaa detailed its plans to expand its operations in the Gulf Cooperation Council (GCC) by investing INR 20 crores in FSN International. Additionally, the firm disclosed that it intends to make additional investments totaling $1.9 million through its foreign division, which is known as Nyssa Foreign.
By making these investments, Nykaa is implementing a more comprehensive strategy to strengthen its presence on the world stage and to diversify its sources of revenue.
Nykaa is a major platform for beauty and wellness products. It was established in 2012 by Falguni Nayar, and it has developed significantly since then. It has fourteen subsidiaries in addition to an associate company that goes by the name Earth Rhythm.
Nykaa has forecasted that its sales will increase by around 22-23% year-over-year during the first quarter of FY25. Additionally, the company’s Gross Merchandise Value (GMV) is anticipated to increase by around 20 percent on a year-over-year basis.
The ride throughout the year 2021 was a turbulent one. There were many things taking place simultaneously. Many things were also happening for the first time or creating records. One of the similar record-breaking things that occurred throughout the year 2021 was the companies going public.
More than 63 companies went public in 2021 together raising the amount of Rs 1,19,882 crore. This was the newest formed record of raising the highest funds through IPOs breaking the old record of Rs 75,279 crores formed in 2017.
Following the given data and current market conditions. There can be some debate on Indian Companies going public. Amongst the list of multiple companies going public, below given is the list of startups and companies going public in India in 2022.
Bajaj Energy Ltd. is an Uttar Pradesh based company launched in 2008 working in the field of thermal energy plants. It is one of the largest private-sector thermal generating companies dealing with the financing, operating, and generating of thermal power. The recorded revenue for the year 2021 was above the range of 500 cr.
Bajaj Energy is also listed in the companies going public to pay debts and acquire partners’ stakes. With the listing, the company intends to raise Rs 5450 crores. Amongst them, Rs 5150 crores belong to the newly issued IPO, and the remaining Rs 300 crores an offered for sale shares.
2. Aadhar Housing Finance
Aadhar Housing Finance Logo
Aadhar Housing Finance is the largest housing finance company launched in 1990. The revenue collected by Aadhar Housing Finance in 2021 was about 1363.36 crores rupees. For the year 2022, Aadhar Housing Finance is listed as an IPO with an issue size of Rs 7300 crores. The funds collected will be used to boost their capital base. Amongst Rs 7300 crores, freshly issued shares are worth Rs 1500 crores, and the remaining Rs 5800 crores are offered as a resale.
3. Studds Accessories
Studds Accessories Logo
Studds Accessories is a well-known name for two-wheeler accessories. It was introduced in 1983 to provide two-wheeler accessories and related products. The revenue collected by Studds Accessories in 2021 was about Rs 479.62 crores. Studds Accessories will take the chance to raise Rs 450 crores with Rs 98 crores as a freshly issued and Rs 39.39 lakhs as an offer for shares by going public in 2022.
4. Arohan Financial
Arohan Financial Services Logo
Arohan Financial Services is the leading Non-banking financial company- a microfinance institute launched in 1991. It provides loan services in financially low-Income states of India. The operating revenue calculated by Arohan Financial Services in 2021 was above Rs 500 crores. Arohan Financial is also listed for IPO with an issue size of Rs 1800 crores. Amongst them, Rs 850 crores will be issued freshly and the remaining will be Offer for sale (OFS).
5. ESAF Small Finance Bank
ESAF Small Finance Bank Logo
ESAF Small Finance Bank is one of the leading banks introduced in 2016. The bank works towards providing several services such as client base size, net interest margins, etc. The operating profit recorded by ESAF Small Finance Bank in 2021 was about Rs 415.84 crores, a 28.07% increase from earlier. ESAF Small Finance Bank is also listed as a company going public in 2022 with a total issue size of Rs 998 crores. Within them, the freshly issued size is Rs 800 crores and the remaining Rs 198 crores are from OFS.
6. OYO
OYO Logo
OYO is a new-age technology platform giving out hospitality services. It is one of the leading platforms in the hospitality sector since the time of its introduction in 2012. The total revenue of OYO for 2021 was about Rs 41750 crores. There was a drastic decrease noticed in the revenue of OYO from 2020 to 2021 all because of the pandemic. However, for a better future, OYO is also listed for IPO 2022 with a total issue size of about 8430 crores with freshly issued shares of Rs 7000 crores and an offer for sale of Rs 1430 crores.
7. Snapdeal
Snapdeal Logo
Snapdeal is an Indian leading e-commerce company founded in 2007. Snapdeal was originally launched as a coupon booklet platform, however, in 2010, it was fully converted into an online shopping platform.
Revenue collected by Snapdeal in the year 2021 was about Rs 471 crores which was about 44% less than the previous year. Snapdeal is all prepared to raise funds from the IPO of freshly issued shares of Rs 1250 crores and some other OFS shares of the present investors and shareholders.
8. Delhivery
Delhivery Logo
Delhivery is a new age India-based logistics service company inaugurated in 2011. Delhivery works towards providing multiple facilities such as express parcel deliveries, good deliveries, cross-border supplies, etc. The revenue collected by Delhivery in 2021 was Rs 4644 crores with a 28% increment seen in its total income from the previous year.
Delhivery is also set to raise funds in 2022 by IPO with an issue size of Rs 7460 crores. Amongst them, Rs 5000 crores can be counted as freshly issued and the remaining shares can be taken as OFS.
9. Emcure Pharmaceuticals
Emcure Pharmaceuticals Logo
Emcure Pharmaceuticals is considered one of the leading pharmaceutical companies engaging in various services such as developing, manufacturing, and marketing medicines at a large level. Emcure was introduced in the year 1981 and now is considered the largest brand helping in the therapeutic areas of gynaecology, HIV antiviral, etc.
The revenue collected by Emcure Pharmaceuticals in 2021 was about Rs 6091.8 crores with a significantly increased income of Rs 418.6 from the previous year’s data. Emcure will also be raising funds through IPO for newly issued equity shares of Rs 1100 crores and some other OFS shares.
10. FabIndia
FabIndia Logo
FabIndia is India’s largest platform especially popular for its handmade products. It is a private platform that enables the sale of products made from traditional methods, skills, and techniques.
FabIndia was launched in 1976. The revenue collected by FabIndia in 2021 was about Rs 1059 crores with a fall of 30% in its revenue when compared with previous years’ data. FabIndia is looking forward to raising the funds through IPO for its purpose of global expansion by the issue size of Rs 4000 crores.
Droom is an operated marketplace easing out the process of buying and selling automobiles through its platform introduced in the year 2014. Droom operates with the help of a combination of an e-commerce platform integrated with a technology-driven prosperity ecosystem of products and services for the automobile industry.
Droom reported revenue of Rs 135.53 in the year 2021 with a slight increment noticed from the data for 2020. Droom will be going public to raise funds of an issue size of Rs 3000 crores.
12. Ixigo
Ixigo Logo
Ixigo launched in 2007 and operated by Le Travenues Technology is an Indian AI-based travel portal. It works to facilitate travelling by helping Indians with planning, booking and managing their trips of different modes. The recorded revenue of Ixigo in 2021 was about Rs 135.6 crores with a reported increment of 21% in its revenue from the previous year.
The list of IPO for 2022 also includes the name of Ixigo with a total issue size of about Rs 1600 crores. Within them, Rs 750 crores will be raised with freshly issued equity shares and the remaining Rs 850 crores will be OFS.
13. VLCC Healthcare
VLCC Logo
Vandana Luthra Curls and Curves (VLCC) is an Indian brand focusing on beauty and wellness products introduced in the year 1989. VLCC products are popular in the field of wellness and beauty products. Along with that, VLCC also works by training students with more than 95 institutes across India.
In the year 2021, VLCC reported a net income of about Rs 5,652.42 million, with a profit of Rs 62.42 million. In 2022, VLCC is expected to go public with the issue size of Rs 300 crores of newly issued equity shares and some OFS.
14. Hinduja Leyland Finance
Hinduja Leyland Finance Logo
Hinduja Leyland Finance Limited was incorporated in 2008 with the service of providing NBFC services to urban and semi-urban markets. It provides financing help for a large range of products falling in the category of vehicles and housing finances. The net worth of the company as reported by Hinduja Leyland Finance Limited in the year 2021 was about Rs 3825 crores.
There were significant changes seen between the years 2020 and 2021 due to the visible effects of a pandemic. Hinduja Leyland Finance Limited is about to raise funds from its initial public offerings of an issue size of Rs 700 crores. Amongst them, Rs 500 crores are freshly issued equity shares with the remaining as OFS.
15. Inspira Enterprise India
Inspira Logo
Inspira Enterprise India Pvt Ltd is a competent and professional provider of cyber security introduced in 2009. They provide digital transformation and cybersecurity services to their clients with bold thinking and path-breaking techniques.
The revenue collected by the company for the year 2021 was about Rs 803 crores. Inspira Enterprise India is also listed to go public in 2022 with an issue size of Rs 800 crores for foreign expansion.
16. Medi Assist
Medi Assist Logo
Medi Assist Healthcare Services Ltd offers a complete cashless hospitalization of customers through a network of healthcare service providers. It was launched in the year 2000 and mainly deals with the health insurance ecosystem. Medi Assist is also ready to raise funds through IPO in 2022 with a total issue size of about Rs 800 crores.
17. SAMHI Hotels
SAMHI Hotels Logo
SAMHI Hotels is one of the fastest-growing hospitality management companies since the time of its introduction in 2010. SAMHI Hotels mainly focus on the investment and development of international branded hotels across India.
From the year 2020 to the year 2021, there was a decrease in the revenue of SAMHI Hotels due to the presence of the pandemic period. SAMHI Hotels has a registered IPO of issue size Rs 2000 crores with Rs 1100 crores will be freshly issued shares.
18. Chemspec Chemicals
Chemspec Chemicals Logo
Chemspec Chemicals is a leading manufacturer of additives for FMCG ingredients worldwide. It was established in 1975. Chemspec Chemicals is also known to supply and manufacture Pharmaceutical drugs. Chemspec Chemicals has recorded its operating revenue to cross Rs 500 crores and it is estimated to go public with an IPO size of Rs 700 crores.
19. Shri Bajrang Power And Ispat
Shri Bajrang Power And Ispat Logo
Shri Bajrang Power And Ispat was founded in 2002 and is considered a major steel producer. It is considered one of the leading integrating steel companies working towards providing different products such as TMT bars, billets, sponge iron, etc.
As per the president of the company Shri Bajrang Power And Ispat, the revenue noted for the year 2021 was around Rs 3,031.21 crores with a net profit of Rs 312 crores. It is also listed for IPO with an issue size of Rs 700 crores planning to halve its debt by using funds.
20. SREI Equipment Finance
SREI Logo
Established in 1989, SREI Equipment Finance deals with infrastructure financing services throughout India. The company provides a loan facility for the purchasing of various equipment used in the construction industry, irrigation, IT infrastructure, etc.
The recorded revenue of SREI Equipment Finance is about Rs 522.78 crores in 2021. The company is looking to launch its IPO at the desired time with an issue size of Rs 2000 crores. In them, 1100 are freshly issued equity shares and the remaining are OFS.
Launched in 2008, Gemini Edibles and Fats Oil works in the business of manufacturing and marketing edible oils and fats. They are also considered one of the leading palm oil plantation companies across the globe. For the year 2021, the revenue collected by Gemini Edibles was about Rs 7,765.96 crore with Rs 185.85 crores.
Unlike other businesses, Gemini Edibles saw not much change in its demand as the demand for cooking oil was increased by houses whereas, on other hand, restaurants and hotels saw a sharp decline in demand hence equalizing the situation. For the year 2022, Gemini Edibles and Fats Oil are listed under the IPO list with an issue size of Rs 2500 crore from OFS.
22. Sterlite Power
Sterlite Power Logo
Sterlite Power founded in 2010 works as one of the leading private sector power transmission infrastructure developers and solutions providers. Sterlite Power owns and manages power transmission assets across India.
As per calculations the revenue collected by Sterlite Power is above Rs 500 crores but with a 26% decline in its operating revenue from the previous year’s data. Sterlite Power is listed in the IPO list 2022 with a freshly issued size of Rs 1250 crores. The raised funds will be mainly used to repay its debt.
23. Paradeep Phosphates Limited
Paradeep Phosphates Logo
Paradeep Phosphates Limited [PPL] was established in 1981 and is now considered India’s third-largest producer of non-urea fertilizer and the second-largest producer of di-ammonium Phosphate. PPL deals with the production, trading, and distribution of various fertilizers.
The total revenue recorded by PPL for the year 2021 was about Rs 5183.94 crores which was slightly higher than last year. PPL is planning to raise Rs 1255 crores from fresh sizes issued. These funds will be used to pay debts and to partly finance the acquisition of a fertilization manufacturing company in Goa.
24. Fincare Small Finance Bank
Fincare Logo
A smart banking platform launched in 2017 with its prime focus on unbanked and underbanked customers to get banking services with smart technology. The model of Fincare works by providing needed financial aid to businesses or individuals through the help of technology.
The revenue collected by Fincare in 2021 was about Rs 674.99 crore with a net profit of Rs 101.98 crores. Fincare Small Finance Bank is also known to raise funds through Initial Public Offerings of the issue size of Rs 1330 crores. Amongst them, 330 shares are newly issued and all others are from OFS.
Penna Cement is known to have its revenue above Rs 500 crores for the year 2021 with a significant increment of 13.06% in its net worth. Penna Cement is expected to raise a total of Rs 1550 crore through IPO. The funds raised will be then used to pay for borrowings, upgrading its law griding and cement mill, setting up a waste heat recovery plant, etc all at different places.
26. PharmEasy
Introduced in 2014, PharmEasy is a one-stop medical solution providing. They provide complete services from the booking of diagnostic tests to providing Over the counter medicines. They provide medical services such as radiology tests with the home delivery of needed products. The revenue collected by PharmEasy in 2021 was about Rs 2360 crore. PharmEasy has also participated in the upcoming IPOs list with an issue size of Rs 6250 crores.
27. Adani Wilmar
Adani Wilmar Logo
Adani Wilmar, founded in 1999 is one of the leading names in the edible oil industry. One of the most popular edible oils of Adani Wilmar is Fortune Oil. Adani Wilmar was known to be open on 27 January with a subscription of 17.37 times.
28. AGS Transact Technologies
AGS Transact Technologies Logo
Founded in 2002, AGS Transact Technologies is considered one of the largest integrated omnichannel payment solutions providers in India. They provide customized services and products mainly consisting of ATM and Cash recycler machines outsourcing, cash payment and digital payment solutions, etc.
The company recorded its revenue for the year 2021 as Rs 484.76 crores with a slight increment noticed in the revenue. For the year 2022, AGS will be going public with a total issue size of Rs 680 crores of IPO.
29. Vedant Fashions
Vedant Fashions Limited Logo
Introduced in 2022, Vedant Fashions Limited is a parent enterprise for some well-known brands such as Manyavar, Mohey, and Mebaz. The company Vedant Fashions Limited is considered a one-stop solution for every occasion by its customers.
The company was recorded to calculate less revenue collected from the year 2020. There was a gradual increment in its revenue from the year 2019 to the year 2020. However, it called for 38% in the year 2021 owing to the pandemic period. For 2022, Vedant Fashion is listed for raising funds through public offerings by the size of Rs 3149.19 crores.
30. Uma Export
Uma Exports Logo
Founded in 1988, Uma Export earlier was known to export and import building materials, however, in the current scenario, it is one of the leading exporters of agricultural products. The agricultural products are collected from the various parts of India to export and import to certain destinations.
The recorded revenue by Uma Export in 2021 was around Rs 260.94 crores with a net profit margin of around 1.72%. Uma Export is listed to raise funds by public offerings in 2022 with an issue size of Rs 60 crores.
Introduced in 1986, Ruchi Soya is the largest producer of edible oil in India. In 2019, Ruchi Soya was acquired by Patanjali Ayurved. Ruchi Soya has its prime focus on the business of processing oilseeds and refining crude oil to make it edible. Ruchi Soya is listed as Follow Public Offerings (FPO) consisting of freshly issued shares of about Rs 4300 crores.
32. Veranda Learning
Verdana Learning Solutions Logo
Established in 2018, Verdana Learning Solutions Private Limited is an e-learning platform giving out various career-defining courses. Courses can be found in a range of fields preparing one for the competitive exams or personal growth. The revenue collected by Veranda Learning in 2021 was around Rs 4.86 crores and a slight decline in its net profit margin. Veranda Learning is also listed for IPO with an issue size of Rs 200 crores.
33. Skanray Technologies
Skanray Technologies Logo
Incorporated in 2007, Skanray Technologies is considered one of the well-known players in the Indian medical device market. Skanray Technologies’ prime focus is to design, develop, manufacture and supply medical devices.
In the early five months of 2021, the revenue collected by Skanray Technologies was about Rs 88.8 crore rupees. The IPO size of the company is about Rs 400 crores. The funds will be invested in the required capital investment of the company along with some other basic investments such as inorganic plants and the company’s subsidiaries.
34. Five Star Business Finance
Five Star Business Finance Logo
Founded in 1984, Five Star Business Finance provided small loans to business owners and small mortgage loans to eligible candidates for their needs. It is registered with RBI as an NBFC company working with its underwriting model to provide secured finances. Five Star reported a gradual growth in its total income from the year 2020 to the year 2021 by the amount of Rs 787 crores to Rs 1051 crores respectively. The Five Star IPO issue size is Rs 2752 crores and it all comprises OFS.
35. Keventer Agro
Keventer Agro Logo
Introduced in 1986, Keventer Agro is considered the largest FMCG company in eastern India with its focus on packaging, dairy, and fresh food products. The company deals with multiple aspects of the food industry such as frozen food, beverages, export for food, etc.
The recorded revenue for the year 2020-2021 was around Rs 836.02 crores with a net loss of Rs 76.17 crores. The IPO size of Keventer Agro is about Rs 350 crores fresh issued and some other OFS. The funds will be used to be paid as debt and as a fund for the capital expenditure required by the company.
36. Tracxn Technology
Tracxn Technology Logo
Founded in 2013, Tracxn Technology is the combination of human analysts with Artificial Intelligence to work for the benefit of humans. It is considered a research firm that provides needed information for venture capitalists and corporate development offices through a large amount of data.
Tracxn reported a revenue of 100 crores with 70% of its revenue coming from outside of India. For Indian Market, Tracxn’s IPO issue size will be Rs 500 crores.
37. Apeejay Surrendra Park Hotel
Founded in 1987, Apeejay Surrendra Park Hotel is a hotel company providing services such as hotel rooms, dining restaurants, recreational and entertainment facilities, and providing venues for different purposes such as weddings, birthday events, etc.
The operating revenue collected by Apeejay Surrendra Park Hotel was between Rs 100 – 500 crores with a slight decline noticed from the year 2020 due to the pandemic period. Apeejay Surrendra Park Hotel is considered to go public with the issue size of Rs 1000 crores.
38. Harsha Engineers
Harsha Engineers Logo
Starting in 1986, Harsha Engineers is considered the largest manufacturer of bearing cages with almost 50% of the market share. They provide best-bearing cages with some other special-purpose stamped components. Harsha Engineers reported revenue of Rs 629.46 crores in the year 2021. Harsha Engineers is prepared to raise the funds through public offerings by the issue size of Rs 755 crores.
39. Annai Infra Developers
Annai Infra Developers Logo
Introduced in 2008, Annai Infra Developers belongs to the construction industry. They construct and sell multiple products such as water tanks, ponds, canals, roads, irrigation systems, etc. Annai Infra Developers will also be raising funds through IPO in the year 2022 of the issue size of Rs 250 crores.
40. Prudent Corporate Advisory Services
Prudent Logo
Started in 2000, Prudent Corporate Advisory Services Ltd is a leading investment providing solution company. It mainly deals with the financial services products such as Mutual funds, insurance, bonds, etc. The revenue for Prudent Corporate was counted as $412 million. Prudent Corporate is all prepared to raise its IPO in 2022 with yet to be declared OFS.
41. Tamilnad Mercantile Bank
Tamilnad Mercantile Bank Logo
Previously known as Nadar Bank, it was introduced in 1921. Tamilnad Mercantile Bank is one of the oldest private sector banks in India. Tamilnad Mercantile Bank calculated its revenue of 3,992.52 crores in 2020. For the year 2022, it is believed to raise funds through Public Offerings of 15.83 million freshly issued shares and 12.505 million shares from OFS.
42. Narmada Bio-chem
Narmada Biochem Logo
Established in the year 1996, Narmada Biochem is known to serve farmers for more than two decades. They are the leading manufacturer of world-class organic and biofertilizers. Narmada Biochem is noted to have its revenue in the range of Rs 100 – 500 crores. For the year 2022, it is planning to raise funds with an issue size of Rs 90 crores.
43. Popular Vehicles and Services
Popular Vehicles and Services Logo
Founded in 1984, Popular Vehicles and Services were introduced as the first batch of vehicle dealers by Maruti Suzuki. They are one of the popular automobile dealers with regional specific markets and centers The revenue noted by Popular vehicles and services in 2021 was around Rs 2,919.25 crores. They are also prepared to raise funds through IPO with an issue size of Rs 150 crores.
44. Fusion Microfinance
Fusion Microfinance Logo
Fusion Microfinance was started in 2010 with the thought of creating opportunities at the bottom of the pyramid. They provide financial help to un-served and underserved females from rural India. They focus mainly on increasing the come individuals to help increase the economic growth and prosperity of the whole country.
The noted revenue of the firm Fusion Microfinance in 2021 was about Rs 730.31 crores. They are also determined to raise funds through IPO 2022 by the issue size of Rs 600 crores and an additional OFS with 2,19,66,841 equity shares.
Conclusion
IPOs stand for Initial Public Offerings shared by any company or firm. Companies start taking investments from the public in return for the share of the firm. The amount collected by companies is then used for the advancement of the same firm. Many companies are opening up on getting public due to several situations. A list of companies going public in the year 2022 is shared above.
FAQs
Which is the best IPO in 2022?
Many IPOs are coming in the year 2022, some of the biggest and best ones are LIC. Other biggest IPOs of the year are Delhivery, Oyo, and PharmEasy.
Where can I get IPO data?
Bloomberg, Capital IQ, and CB Insights are some of the top sources to get complete information about upcoming IPOs.
Businesses are crucial for this world. You exchange what you have for something that you want. Trade is the basic brick that establishes the foundation of businesses. Which cements humans together with better cooperation abilities. As an entrepreneur goes about starting a business, he faces many problems. One of the problems is the issue of raising capital. If done correctly can change the future of enterprise for the better. Otherwise, it will sink the whole ship of sustenance.
Money capital is the lifeblood of every investment. Without this fuel, there can be no product, no property, no sales and no cash flows. This is an article talking about the same issue of raising capital. Read to know, should you even raise money? when you should not raise money and when to stop raising capital.
If you don’t know about raising capital, or If you don’t know how you will end up managing money – don’t raise funds. So, do your homework first. Deciding in advance, the goals and goalkeepers for the organisation is crucial. It will make the road to success otherwise it will be a recipe for disaster.
Remember, raising capital is for achieving scale. Scale means growth in this context. Raising money is essentially losing control and getting scale. You need to let go of total control in some cases of raising funds. So, If you are not ready to jump off a cliff with a firm belief in your team and culture. Don’t seek a raise.
Another con is simple yet thoughtful. You don’t need to raise. Yes, a raise is the least type of money that an entrepreneur wants. Even a Venture capitalist will tell you this. VC cheques are the worst kind of money. The favourable kind of money is your customers’ money. Your own revenue. The best way is to go bootstrapped. Again, If you are risk-averse, stay put.
Disadvantages of Raising Funds
The first question that a rational person should ask is “Should he/she really raise money?” This question is a valid and important point to consider. Raising capital is not a fairy tale, it has its downfalls too.
If you are not ready to face the downfalls, smart advice will be that you stop chasing funds. These disadvantages can affect different people differently. Some might be more affected than others.
Let us see some of the responsibilities that you will have to carry if you are seeking capital.
Ownership
When someone tries to raise capital, he is often left with the choice of diluting ownership of the company. Which means lessening the controlling power of entrepreneurs. It will allow interference of the Venture Capitalist in the decisions.
This interference can be effective or it can affect the growth of the company, depending on the scenario. If the entrepreneur is someone who wants full control of the company, reconsider the choice of raising funds for your startup.
Accountability
An entrepreneur who raises capital has to be accountable. Depending on which source of raising he chooses, he needs to be accountable. The source or the Venture Capital can push and pinch for specific and exact usage of money.
A business person has to iterate his ways in different scenarios. He/she needs to be experimenting with a product. In order to get the perfect product-market fit. In some cases “being accountable for the capital raised” can also reduce the experiments of an entrepreneur. Leaving no space or very little space for mistakes.
Debt
This can be seen as a subsection of the previous issue. Raising capital is debt. Some people might get overwhelmed by the thought of using others’ money. This heavy feeling of responsibility can disrupt the natural flow of an entrepreneur.
Which also points out someone’s personal relationship with money. A person having a bad relationship with money will fear its responsibility. That responsibility rises manifolds if the money is a debt.
When to Stop Raising Funds for your Startup?
If you are through the hurdle of deciding to raise capital. Let us discuss when to stop your fundraising rounds. It is imperative to mention that you need to take professional advice on this matter. Investors write a cheque when they are compelled by your work. When raising capital, remember the time frame. Check these points to get some bookmarks.
Ideal position –
So, when you’ve managed to impress an investor, make sure you know the ideal condition. The ideal condition is to raise as much as you want to reach profitability. The reason behind this is that it allows you to stop raising for more rounds. It will lessen the hassle one needs to go through for another round of funding. Remember to stop with an ideal cash position in mind.
Survival of Operations –
When raising capital, think about your burn rate. You need to consider how many months you are planning your operations to survive. It can be a year to 18 months. This definitive time frame set a bar for raising capital. Even though different products and startups have different burn rates, making sure your burn rate is in check is helpful.
The Growth Pace –
If your company is in a good cash flow situation. Like, when the company is adding more customers and revenues and employees. When it is growing really fast. Then you should refrain from raising large funds. The reason is that if you raise 2 to 4 years of funds at this growth pace, then by the end of 2 years you would earn a similar amount by your own operations. There is a good chance you reach that cash by operations.
So at that point, sitting on a huge debt is of no use. Checking your growth pace before taking financing decisions helps.
Cash needs –
It is always tempting to raise capital. To have surplus money than you actually may need. So it is important to remind yourself that there are harms too.
First, raising capital is expensive and complex. If an entrepreneur is not ready to handle this hassle, it can be disastrous. Second, due to unpreparedness, you may never know the ideal position of raising, which can make you raise too much. This can be a worst-case scenario. Third, remember raising deprives focus.
An entrepreneur’s main focus should be to provide value, anyhow. Raising money will get investors on board and this will take your arm and a leg. They might interfere with your vision too. So keeping these points in mind, you can set an ideal cash position for the company.
We get to know with this enlightening article that raising capital is complex. The best money way is still the bootstrapped way. It is considered the smoothest. But when it comes to hacking growth and scaling your product, a VC can do wonders. It can provide you with a primary boost or a launchpad for flying.
Nonetheless, that launchpad can also become the reason for your own perishment. Knowing how much you need, your burn rate of operations and the scale you want to achieve is crucial in setting a definitive goal for your fundraising. Having your vision and current situation intact in your head will go a long way in fixing this question.
It is strongly recommended that you go and take the path of organic growth. That is, growing your business naturally should be preferred. Before going on a run for chasing capital and Silicon Valley dreams. You might need the right advice, the right homework and just the right negotiations to get to an ideal position. This is not rocket science but it is nothing sort of less than that.
FAQ
How long should a seed round last?
A typical range seed round lasts between 12 and 18 months.
How much traction is enough for investors?
The “traction” that’s relevant for your current stage should be in the range of 0.1% to 0.5%.
As you know men, money and material are three important resources of any business. If there is any shortage in any one of them, it could make your business suffer. But handling these shortages is a part of every business life cycle. Now you know that every business goes through this. And by keeping all these things with you, you could also make your business life amazing and beautiful.
So, do you want to start a new business? Or wanted to expand an existing business? Both of these decisions have one concern in common. And that concern is nothing but strategizing a decision on ‘how to raise funds’. There is nothing to worry about. We are here to provide you 20 alternatives of raising funds from investors. You could choose among them as per your business’ needs. Let us see the complete story on the topic- 20 Alternatives of Raising Funds from Investors.
Even small contributions from large number of people can solve your funding problem. If you have an ‘out of the box’ plan for your business, then you can expect huge funds in the form of crowd funding. This form of funding contains low risk yet you can earn high returns out of it. But you can promise your investors some returns in future.
Venture capitalists look for those businesses that have attained some revenue stability. If you also fall in this ambit, then try to attract a venture capitalist for having investments. These investments generally contains high risk-return ratio. They can also give management support for your business. So, your business would get two things at one go, i.e. adequate funds and a reliable mentor.
3) Advertise it through Initial Public Offer
It is a platform where you can raise funds through public at large. First you have to get underwriter who will decide where to list your shares. Generally IPOs have high credibility and trust factor play a major role here. Investors also know that for issuing IPOs, you must have gone through various compliances. This could also help in building your brand image among investors.
Steps of Fund Raising
4) Win contests for your business plan
Is your business plan unique? Do you expect high growth in future as well? Then it is time to take part in some contests and tell the world about your business plans. With this, your business plan would get enough recognition among peers. Also you could win funds in the form of prizes.
5) Organize events to attract sponsors
Events could become major platform to attract investors for your business. It would be a costly affair initially but you can expect various capitalists out from there. You just need to display your business plan effectively. With the help of this, you would make various connections for your future business endeavours as well.
6) Take help from Business Incubator
Business incubator are specially designed to help start up businesses to sustain and grow. They could provide you all necessary resources which are essential to run any business. There would be an immense support system for your business to prosper. Try to reach a suitable incubator which matches with your business interest.
You have plenty of options in the form of bank loans. For this you need to display your effective business module. They would also enquire about your future growth prospects. Adherences to compliances were major hurdle for getting bank loans. But now governments are also helping to reduce the burden of compliances.
8) NBFCs also have attractive funding options
Non banking finance institutions have attractive funding options for your business. The process is more or less similar to bank loans. But the major difference is they come up with lower interest rates. As interest rates are low, they come up with high risks as well. There is often high liquidity crunch in NBFCs which make it riskier form of fund raising.
9) Attract risk-averse investors by Debt Mutual Funds
There are some investors who are risk averse but want some good returns out of their investments. You can target them by providing debt mutual funds. Debt mutual funds have stable returns and there is no loss of capital as well. Execute your business plan in an effective manner so that you could give your cost of capital on time.
It is always good to make a team instead of going solely in the battle field. Try to find those who also have similar business ideas like yours. You would get more resources in form of men, material and money than earlier. Also the risk factor could be divided among partners as per ratio of investment.
11) Tap for Private Equity firms
These firms could provide you funds in return of ownership. They usually look for high prospering businesses. You could reach out to them by giving your future plan of action. Try to turn your USP work into your favour because these firms could make your business grow. Mark your presence among these powerful business houses and give your business a new outlook.
12) You can also get some peer funding
Peer funding is always being a trusted form of raising funds. You can deliver your attractive future plans to your friends, family, colleagues, etc.
Also there would be low operational cost associated with this form of fund raising. But you can invite your peers to become partners. This is the most suitable form of investment which has high return with low risks.
13) Issue debentures to raise investments
Debentures provide fixed rate of interest to investors. They would give you long term investments. For this you have to ensure stable earning to provide fixed rate of return to investors. This is not as high risky as equities. But on the other hand, this is one of the most secure forms of investments for investors.
14) Make them owners by giving secured preference shares
There are some investors who want to become owners but they adhere to risk of becoming owner. For investors, this could be a mixture of having debentures and equity at one basket. It is an attractive form of raising funds which provide stable returns with an ownership status.
15) Take help of some exciting government schemes
Nowadays government is also coming up with amazing plans to support businesses. They know that these businesses help to generate employability in nation. Try to reach to those plans of government which can support your business endeavours. Also the cost of capital is very less in this alternative.
16) Make your suppliers ‘The Partners’
You usually need huge funds to make payment to your suppliers. But what if you make those suppliers as your partners? This could become a great venture where there is no operational risk for your business. Also you would get reliable and trustworthy supplier who is directly associated with the profits of your business.
17) Give ESOP instead of salaries to your employees
Salary expense is one of the major expenses of any business. You could save this expense by giving employees ‘Employee Stock Option Plan’. Transform them as owners and they would also get motivated to work in a more effective manner. This would be a low cost of capital for your business.
18) Business credit cards when there is urgent need of funds
These credit cards are workable when there is urgent need of funds. This form of funding is usually having high cost of capital. But when there is urgency no cost is a high cost. You just have to be little careful while using them because it could make your business debt trap.
19) Make an agreement for ‘Line of Credit’
Line of Credit is generally an agreement with banking institutions. It could provide you funds until the maximum limit is reached. You can borrow money at anytime and from anywhere which make this source of funding as flexible one. But there is a condition that you have to adhere as per the agreements.
20) Angels investors could become your healers
Nowadays there are many professionals who look for various investment opportunities. These professionals usually have affluent earnings. What they want is to earn extra profits from those earnings. They merely look for start-ups who have high potential of growth. Try to reach out to them and make sure you deliver your future plans in an effective manner.
Raising funds is an important task for every business. For you also, it could be a major decision for your business. But you have to keep one thing in mind that you should not depend on one alternative only. Take alternatives as eggs and see this. Remember if you move ahead with only one egg in your basket, there is a possibility that one egg may broke down in middle of the road. In this situation, you won’t have any other alternative to go ahead. So, try to have bundles of eggs in your basket. If one egg is broken, then there would be not much concern for your business. And you can move ahead with rest of them.
