Initial public offerings (IPO) have revived after the pandemic and are considered one of the best investing options. The upcoming IPOs of 2022 have garnered big expectations among the people. In this article, I have shared the upcoming IPO list for 2022. Before going further, let’s brush up on some basics.
Introduction to IPO
An initial public offering is when a first-time private company decides to sell its shares to the public to generate capital. The investor can buy shares to sell them in the market. If the company manages to grow and generate profit in the market, you will get good returns as per your investment. Investing in the IPO provides an option to bring better returns in the long term. You should choose the perfect company and a stock broker to invest in an IPO.
I recommend you go through the top 5 tips for investing in IPOs. In this article, I have covered all the basics of IPO and tips to make a perfect investment in the upcoming IPO’s in June 2022.
What are the upcoming IPOs
The overall IPO market came to a halt during the last quarter of 2021. Thanks to the pandemic and other factors. But the IPO season 2022 has started. The upcoming IPOs are anticipated among the investors to gain more profits.
If we have a look at the IPO patterns in 2021, you can see more than 1000 companies sold their shares and went public. According to some leading financial markets, the IPOs in 2021 made around $316 billion. Some of the biggest companies made it to the public market. However, in comparison to last year, the present IPO market is pretty down. As per experts, this is the best time to explore the upcoming IPOs for 2022. So here are the upcoming IPOs lists for 2022.
Mobileye
Mobileye was started in 1999 at the height of dotcom boom by Amnon Shakshuka, a Hebrew University professor as a monocular vision system. This used cameras and software for detecting vehicles. Mobileye became a Pioneer in advanced driver assistance systems in the market and to date, Mobileye has effectively improved auto safety by implementing various alerts, adaptive cruise controls, and collision avoidance systems.
The very first IPO of Mobileye was conducted in 2014 and raised $208 million at a valuation of $5.31 billion. Subsequently, Intel brought mobileye for $15.3 billion in 2017. After being bought by Intel, the company has grown multifold. It has effectively leveraged the global consumer base of Intel and generated annual revenues up to $1 billion by the end of 2020. Overall the revenues spiked up to 62% year over year until the first time in 2021.
In the present era, where there is a high demand for electrical vehicles, and automated cars like Tesla, Mobileye’s second public offering will top the charts in the upcoming IPOS list of 2022. As per the data, Intel is not selling all the shares of mobileye.
However, it is planning to retain the majority of shares after the IPO. With a stronger administrative team, a clear future plan, and demand in the market, Mobileye has great potential. There are high chances that Mobileye can top the charts in the upcoming IPOs. Presently the company is provided a valuation of $50 billion and is expected to hit the IPO in the second quarter of 2022.
Qlik technology
Qlik Technologies is the biggest company that provides business analytics software solutions to the public. It was started in 1993 in Sweden by Bjorn Berg and Staffan Gestrelius. The company went public in 2010 at $10 per share after spending two decades improving its service.
Qlik Technologies was bought in August 2016 by the private equity company Thoma Bravo at $3 billion. This firm purchased per share at $30.50. The company has scaled its operation effectively and boasts over 38.000 customers on its technology platform.
The platform is extensive and offers services for hybrid information delivery and automation of data warehouses with multiple automation applications and argumented analytics. They are planning to initiate their IPO in the second quarter of 2022. With a perfect administration team and good numbers in the past year, Qlik technology is something to look up in the upcoming IPOs list of 2022.
Cohesity
Cohesity is an IT giant that provides next-generation backup systems to protect your enterprise data. However, this is ten times better than a normal storage system and offers artificial intelligence to run different applications. Cohesity technology also focuses to eliminates slows for data.
Cohesity was started by Mohit Aaron, who has rich experience in building scalable IT systems for the past 15 years. Cohesity has vast opportunities in the upcoming IPO’S. Mohit Aron was on the team that created Google file systems. He has experience in handling massive amounts of data. Apart from this, Mohit Aron also co-founded Nutanix in 2009.
This company became public in 2016. With his rich experience and efficiency, there is a high chance that Cohesity becomes a reliable investment from the investor’s point of view. It puts the administrative part of the company in good hands.
As far as the numbers of the company, the company had a last round of funding in April 2020. It was a series E funding that raised $250 million at a valuation of $2.5 billion.
Most investors like sequoia capital, Cisco Systems, and DFJ growth invested in this funding. An increase of up to 150% in the annual recurring revenues and a 100% jump in the total number of customers. Cohesity is one of the best companies to look out for in the upcoming IPOs of 2022. The company is planning its IPO in the second quarter of 2022.
ServiceTitan
ServiceTitan was founded in 2013 by Ara Mahdessian and Vahe Kuzoyan. The duo initially started by building software for their fathers, who were contractors by profession. When this was a hit, they began to build software tools to support multiple aspects of their father’s business. Realizing the potential, they Kickstarted ServiceTitan.
Out of other companies in Upcoming IPOs of 2022 ServiceTitan has an upper hand. The company is planning its IPO in the second quarter of 2022. ServiceTitan is a giant in digitalizing the field of plumbing, electrical, and HVAC installation. It provides a complete application for dispatching, marketing, scheduling, job costing, payroll contracts, time sheets, and much more.
This startup offers cloud-based software that helps in building different aspects of business like customer relationship management, worker dispatch, marketing automation, mobile support, and much more. The services from ServiceTitan are apt for small to medium size companies that focus on growth.
As of March 2021, the company gave a public announcement for a $500 million financing. The financing was led by sequoia capital, Global equities and tiger global management. The financing was done at a valuation of $8.3 billion. It was registered as one of the largest funding in a private vertical software companies. All the above-mentioned facts are brownie points for ServiceTitans in the upcoming IPOS.
ServiceTitan had more than $250 million in ARR and more than 7500 contractors on board Annually. The company is situated in Glendale, California, and has been preparing for the upcoming IPO from 2021 fall. ServiceTitans IPO is expected to occur in the second quarter of 2022. However, the date is not yet confirmed. It has a fantastic administrative team and the finance numbers for the year 2021 are pretty great. So there are high chances that ServiceTitan can bask in glory of the upcoming IPOs of 2022.
Steinway
Steinway is one of the biggest brands producing musical instruments. It has a rich history of providing the best pianos in the world. Started in 1853 by Henry Engelhard Steinway, it focuses on building the best piano in the world. Apart from the piano it also has an extensive line of various musical instruments like wood wings, strings, drums, and brass. The popularity of Steinway pianos is well known. To this day some of the biggest musicians like Billy Joel, Lang Lang, and Yuja Wang use their pianos.
They went public in 1996 under the name of LVB. Subsequently, the company was bought by billionaire John Paulson who was also the Hedge fund manager in 2013. He paid more than $500 million to get the company.
Based on the reports, John Paulson focuses on investing in the business and enhancing it in multiple sectors like technology, machinery, and manufacturing procedure. John Paulson is also planning to open a company-owned showroom and refreshing training for the workforce to create a stronger team. John Paulson is an important administrative figure for this company. The company is still owned by Paulson and co and administered by Ron Losby as the CEO.
In the financial year 2021, the revenue of the company increased by 29.5% to $538.4 million. Whereas in the wild the total net income has increased by 14.5% to a whopping $59.3 million.
With the numbers being in green and a fantastic administrative team this is one of the best companies to look forward to in the upcoming IPOs list. The company’s IPO date is not yet confirmed and is likely to happen in the second quarter of the financial year 2022. Despite the highly volatile market, the company has made such good revenue that will make it a winner in the upcoming IPO.
Conclusion
Investing is an important part in making your wealth grow. Most people in this present era tend to invest in the stock market. Investing in upcoming IPOs has to be conducted effectively. Make sure that the company that you are going to invest in is highly efficient. As per experts, it is always better to have a clear investing roadmap and knowledge about your risk appetite.
With spiking inflation and multiple factors affecting the stock market and financial market, it is crucial to make a well-informed decision before investing in the upcoming IPOs.
The stock market is always changing and fluctuating due to multiple reasons, make sure to analyze the stocks beforehand to make a safe investment. Reach out to stock market analysts or any of your financial advisors before you invest in IPO.