Biggest IPO 2022: The First Glimpse Of The Latest Market
- IPO Stocks
- Yaseer Rashid
- January 5, 2022
- 0
- 8 minutes read
2021 has been a difficult year for IPOs. Several big names that went public in 2020 and 2021 have hardly shown any growth, which was not at all surprising, given the scenario in which they were listed. But 2022 brings hope in the IPO sector and in today’s article, we will be discussing the biggest IPO 2022 that is highly anticipated by the market players.
In 2021 companies like Airbnb were down by 71%, Bumble was down by 51%, Robinhood down by 32%, and Petco was also down by 24%. In fact, the most awaited IPO of 2021, only Nextdoor has come out well, which is presently trading at 6.7% over its 2021 March listing. So many of the largest IPOs of 2021 failed to give desired results.
What Does This Mean For An IPO In 2022?
Entities still require access to the markets, and if the count of unicorns in the last 5 years is anything to go by, venture capitalists are required to cash out. However, 2021 was a good lesson for the investment banks.
As much as they will prevail to try and temp entities with a higher valuation of the IPOs, they are destined to be somewhat reticent after the past two years.
Biggest IPO 2022: An Initial Glimpse
Over the past year, the market has clashed with the shipping crisis globally, creeping inflation, and the ongoing pandemic. Despite those risks, a big number of companies made their public debuts in the last year. When we say this, we are talking about Coinbase (COIN), Robinhood (HOOD), Rent the Runway (RENT), and, of course, the makers of electric vehicles, Lucid (LCID), and also Rivian (RVIN). Not every entity that went public played well. While some of 399 IPOs raised $142.5 billion last year, most of the IPOs ended the year below their initial returns.
And while this year, the market will start slowly, thanks to the prevailing pandemic and chip storage, ample of big firms are primed to strike the public market this year. In this article, we will discuss the 5 biggest IPO 2022 that are highly predicted.
Vinfast
At the top of the list of next big IPO 2022 is Vietnamese automaker Vinfast. A spinoff of Vingroup, a Vietnam-based conglomerate that deals in everything from health care to real estate, Vinfast is rotating to electric vehicle manufacturing with its aim on the European and U.S. markets. A source said,
“As you've seen with Rivian, [electric vehicles are] a very hot space right now. They've already started taking preorders, which is kind of around where Rivian was when it was coming to the market.”
The business debuted two electric vehicles, the VF e36 and VF e35, at the Los Angeles Auto Show in November 2021 and prepares to open a whopping 60 showrooms in the U.S. in this year. The company prepares to initiate taking pre-orders for its vehicles in the initial half of next year and have them on the road by the tail end of 2022.
With a forecasted $60 billion valuation, Vinfast will enter a U.S. market that is riding a wave of EV investments — whether that is Tesla (TSLA), which witnessed its valuation skyrocket in 2021 to $1 trillion, or Rivian, which IPO had in November, increasing nearly $12 billion.
Mobileye
Continuing with the automotive industry, Intel (INTC) is aiming to spin out its Mobileye business in 2022. Purchased by Intel in 2018 for $15 billion, Mobileye is aimed at the development of ADAS (advanced driver assistance systems) with a vision toward enhancing the technology required to power self-driving cars. The initial public offering could be valued at as much as $50 billion, and demonstrate to be a boon for chip giant Intel.
In December 2021, the entity launched a robotaxi pilot scheme testing its autonomous capabilities on the streets of Paris. The move will enable employees of the Galeries Lafayette Paris Haussmann to request for a ride to work through the robotaxis four days a week. A safety driver will remain behind the wheel. This is going to be among the biggest IPO 2022.
If you do not know what this company was before 2021, the meme stock craze boosted by the popular WallStreetBets subreddit altered that. The sprawling message board blusters over 50 million daily active users, 100 thousand subreddits, and 50 billion monthly views. Yeah, it is kind of a big deal. It is no wonder the website is often referred to as the front page of the internet.
Reddit has been in the internet space since 2005 providing users the opportunity to chat about everything from small town occurrences to the best tactics to beating their favorite video games. But WallStreetBets grabbed even more attention to the service and played an important role in the retail investor boom.
It is no wonder the company, which privately filed paperwork with the Securities and Exchange Commission, is focusing on a $15 billion valuation when it goes public in 2022.
Flipkart
Flipkart that is backed by Walmart is predicted to join the public markets this year and this is among the biggest IPO 2022 with a valuation of $38 billion. This India-based company, which battles directly with its own India site of Amazon, provides everything from home appliances to apparel, with over 100,000 sellers and over 100 million registered users.
Just this month, Walmart and Flipkart invested $145 million in India based company Ninjacart as a means to boost its grocery delivery service, a sector that has taken off drastically in India.
Automation Anywhere
Finally, there is software robot company Automation Anywhere on our list. If you are wondering about tech IPO 2022 then this is the one. The SoftBank-backed firm allows businesses to develop pieces of software, which is otherwise known as bots, that automate duties like data entry for all things from human resources departments to sales and also marketing.
The notion is to speed up functions by cutting down the amount of time it requires to do traditionally manual jobs. According to sources, the company is valued at just below $7 billion.
The Bottom Line
All the signs that 2021 could have been a good year for the IPO were not successful. But now hundreds of firms across the globe are gearing up for their public releases this year. The market is still unpredictable. But we have listed some of the biggest IPO 2022 that is most anticipated in the financial space.