Upcoming IPOs in India, Latest IPOs Update

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  • At PrimeNewsly, explore exclusive insights on upcoming IPOs in India for strategic investing.
  • Uncover details on GMP, share prices, and lot sizes for informed decisions.
  • Learn from the top 3 IPOs launched in Nov 2023, shaping 2024.

Upcoming IPOs in India, Latest IPOs : A Sneak Peek into Investment Opportunities

The world of finance is buzzing with excitement as we anticipate the launch of several high-profile Initial Public Offerings (IPOs) in India. These IPOs, spanning various industries, are set to hit the market in 2024, creating a stir among investors. At PrimeNewsly, let's delve into the upcoming IPOs India, exploring the key players and the potential investment opportunities they offer.

List of Upcoming IPOs in India

Go Digit IPO

Go Digit General Insurance Limited is on the forefront of revolutionizing the insurance industry through digital innovation. With a customer-centric approach and emphasis on technology, the Go Digit IPO promises exciting investment opportunities in the insurance sector.

  • Company Overviews: Health insurance, Vehicle insurance, Property insurance, Travel insurance, Marine insurance, Liability insurance
  • Company Turnover: Digit IPO FY2023: GWP ₹52.68B, Net loss ₹295.86C, Profit ₹3,55,472L.

Bajaj Energy IPO

Bajaj Energy Ltd. (BEL) and Lalitpur Power Generation Company Ltd. The BEL IPO, with its intention to acquire LPGCL, opens up new opportunities for investors in the energy sector.

  • Company Overviews: Thermal Power Generation
  • Company Turnover: OFS Rs 300Cr, fresh issue Rs 5,150Cr.

FabIndia IPO

FabIndia, known for its handcrafted and indigenous products, is a revered brand preserving India's rich heritage. With a vast network connecting rural producers to urban markets, the FabIndia IPO offers a chance to invest in sustainable business practices.

  • Company Overviews: Lifestyle Brand
  • Company Turnover: FY2022 revenue: Rs 1,392 Cr, 29% YoY growth; Rs 39 Cr net loss. Cash ops: Rs 56 lakh; free cash flow: Rs 40 lakh; Q2 2022: Rs 1.5 Cr.

Aadhar Housing IPO

Aadhar Housing Finance Limited specializes in mortgage-related loan products, playing a significant role in India's affordable housing sector. The Aadhar Housing IPO presents an opportunity to invest in the country's burgeoning real estate market.

  • Company Overviews: Housing Finance Company
  • Company Turnover: AHFL IPO targets Rs. 7,300 crore, with Rs. 1,500 fresh issue.

Studds Accessories IPO

Studds Accessories Limited, a global leader in two-wheeler helmets, caters to a diverse market across urban and rural India. The Studds Accessories IPO is poised to captivate investors looking to ride the wave of India's two-wheeler market.

  • Company Overviews: Two wheeler and Motorcycle manufacturer
  • Company Turnover: FY20-21 revenue up 15%, FY22 down 3.35%. Net worth Rs. 3108.06M (March 31, 2022).

boAt IPO

Imagine Marketing, the company behind the popular brand boAt, is set to launch its IPO. With a diverse product portfolio in audio wearables, bluetooth speakers, smartwatches, and more, the boAt IPO taps into the growing demand for consumer electronics.

  • Company Overviews: Electronic Brand
  • Company Turnover: FY22 revenue ₹2,886 crore; profit ₹68.7 crore; growth evident.

Emcure Pharmaceuticals IPO

Emcure Pharmaceuticals, a prominent Indian pharmaceutical company, engages in the development, manufacturing, and marketing of pharmaceutical products. With a differentiated product portfolio, the Emcure Pharmaceuticals IPO opens doors to investment in India's thriving pharmaceutical sector.

  • Company Overviews: Pharmaceutical company
  • Company Turnover: Pune-based company FY22 revenue Rs 5,812 crore.

Arohan Financial IPO

Arohan Financial Services Limited, a leading micro-finance institution, operates in financially underserved regions of India.

  • Company Overviews: Microfinance institution (MFI)
  • Company Turnover: Arohan Financial IPO: INR 1,069.45 Cr revenue, INR 70.72 Cr profit.

MobiKwik IPO

One MobiKwik Systems Limited’s digital payments continue to rise, the MobiKwik IPO is poised to capture the growth in digital finance.

  • Company Overviews: Fintech Company
  • Company Turnover: MobiKwik IPO: Rs 1,900 crore, Rs 1,500 crore fresh issue, Rs 400 crore Offer-for-Sale.

Droom IPO

Droom is a technology-driven platform facilitating the online buying and selling of automobiles. With services ranging from vehicle searches to doorstep delivery, the Droom IPO is a promising venture into the future of automotive e-commerce.

  • Company Overviews: Automobile buying and selling online
  • Company Turnover: Droom's FY22 turnover: INR 384.6 Cr, a 207% YoY increase.

Top 4 Upcoming Top IPOs in 2024

Databricks

Databricks, an artificial intelligence and data company, leads the pack with a staggering $43 billion valuation. As it enters the IPO arena, investors are eyeing the potential of this tech giant to reshape the data landscape.

Swiggy

Swiggy, a prominent food delivery company, is set to make waves with an impressive issue size of $1 billion. As the demand for food delivery services continues to rise, Swiggy's IPO promises exciting growth prospects.

Skims

Skims, the underwear label owned by Kim Kardashian, brings a touch of celebrity allure to the IPO scene. With a unique market presence, Skims is expected to attract fashion-conscious investors.

Lineage Logistics

Lineage Logistics, a storage company, aims for a substantial $30 billion valuation. As the importance of efficient storage solutions grows, Lineage Logistics positions itself as a key player in the upcoming IPO landscape.

Other Notable IPOs in 2024

Apart from the headline IPOs, several other companies are gearing up for their IPOs in 2024. Studds Accessories, boAt, OYO, Snapdeal, Emcure Pharmaceuticals, Arohan Financial, MobiKwik, and Droom are among the contenders, each offering a unique proposition for potential investors.

Recently Launched Top 3 IPOs in Nov 2023

In November 2023, the IPO market saw the launch of three noteworthy offerings:

Allied Blenders

A player in the beverage industry, Allied Blenders' IPO attracted attention with its unique positioning in the market.

  • Expected Share Price: To be revealed when the IPO details are officially released.
  • IPO Status: Coming soon
  • GMP: Details awaited; keep an eye on market updates for the latest information.

DOMS

DOMS, a company in the manufacturing sector, made its mark with an Doms Industries IPO that garnered interest from investors.

  • Expected Share Price: To be announced during the IPO launch.
  • Expected IPO Launch: December 13–15, 2023
  • Grey Market Premium (GMP): Information not available as of now.

Muthoot Microfin

With a focus on microfinance, Muthoot Microfin presented an opportunity for investors seeking exposure to this sector.

  • Share Price: Await the official announcement closer to the IPO launch.
  • IPO Status: Coming soon
  • GMP: Watch for updates as the IPO launch approaches.

Top 3 IPOs Launched in India 2023

Looking back at the IPOs launched in India in 2023, some notable names include:

Signatureglobal (India) Limited

This company made waves with its IPO, presenting opportunities in the real estate sector.

Utkarsh Small Finance Bank Limited

As a small finance bank, Utkarsh's IPO showcased the potential for growth in the banking industry.

Netweb Technologies India Limited

Operating in the technology sector, Netweb Technologies' IPO provided investors with a chance to tap into the ever-evolving tech landscape.

IPO GMP and Market Trends

Understanding the Grey Market Premium (GMP) is crucial for investors. As of December 4, 2023, DOMS Industries is expected to launch its IPO on December 13–15, while Allied Blenders and Muthoot Microfin are also in upcoming list.

10 Interesting Facts on Upcoming IPO’s

1. Discover upcoming IPOs in India, promising diverse investment opportunities for eager investors.

2. Databricks and Swiggy lead the pack, bringing AI and food delivery to the IPO forefront.

3. Kim Kardashian's Skims adds a touch of celebrity glamour to the IPO lineup.

4. Lineage Logistics targets a $30 billion valuation, offering solutions in the storage sector.

5. Allied Blenders, DOMS, and Muthoot Microfin made waves in the IPO market last November.

6. Witness the evolution of insurance with Go Digit, leveraging technology for customer-centric plans.

7. Bajaj Energy's IPO aims to reshape Uttar Pradesh's energy landscape through strategic acquisitions.

8. FabIndia's IPO preserves traditional craftsmanship, connecting rural producers to urban markets.

9. Aadhar Housing Finance presents a chance to invest in India's thriving real estate and housing market.

10.  Studds Accessories IPO rides the wave of India's two-wheeler market, focusing on safety and style.

Frequently Asked Questions

Can you invest in upcoming IPOs?

Yes, you can. But, like all investments, research and vet potential IPOs. Start investing in IPOs by opening a demat and trading account with IIFL.

Can you sell your IPO shares right away?

Usually, yes. If you buy on the IPO day, you're free to trade. But if you got shares before trading began, due to the lock-up period, selling may be restricted.

How long can't people sell IPO shares?

After a company goes public, there's a lock-up period (90-180 days) when some early workers and investors can't sell their shares. It's a rule set by the company or banks.

How do you buy IPO shares?

To buy IPO shares, bid at the company's Lot price, the minimum shares to buy. Set your bid between the IPO Floor Price (minimum) and IPO Cap Price (maximum) during the bidding process.

Who can't have an IPO?

If a company's leaders are linked to firms banned by SEBI from stock market involvement, the company can't launch an IPO or submit its DRHP unless leaders sever ties.


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