The ₹1,550 crore IPO will be made up of a ₹1,300 crore new issue and a ₹250 crore offer for sale. This Hyderabad-based cement company’s second attempt will be used to pay off debt and fund expansion. The Prakash Jain family owns the enterprise solutions provider Inspira Enterprises.
Past performance of securities/instruments is not indicative of their future performance. Annai Infra Developers LogoIntroduced 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. Five Star Business Finance LogoFounded 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.
- Its product line covers a wide range of topics, including food fortification, therapeutic nutrition, clinical nutrition, and the reduction of malnutrition.
- Y formally launched the IPO last year by hiring investment banks JP Morgan and ICICI Securities as lead managers.
- A Healthcare wings of GPT Group GPT Healthcare aims to raise ₹500 crores via IPO that comprises fresh issue of ₹17.5 crores and offer for sale up to 3,804,700 equity shares of ₹10 each.
- 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.
- This IPO will be a fresh issue of 41,18,000 equity shares at a face value of Rs. 10 for each share.
- In case you are struggling to keep yourself updated about dates of upcoming IPOs, check ourIPO Calendarand export the dates to Google Calendar or Microsoft Outlook.
Fusion Microfinance is one of the top lenders in the microfinancing sector. It has submitted papers with SEBI for its IPO which will include a fresh share issue of Rs. 600 crores and an OFS of 2,19,64,841 shares by its promoters and shareholders. Founded by Sachin Bansal and Ankit Agarwal, Navi deals with lending, microfinance, health insurance, and mutual funds.
There, you will have to fill out an ASBA application form and give important KYC details. Keep in mind that the money will stay blocked until the allotment date of the IPO. New issue of 9,000 million, of which 7,000 million will be utilised for the company’s general corporate purposes. Wellness -Forever Medicarepharmacy chain with headquarters in Mumbai is the second pharmacy chain to do so.
Is one of the largest Fintech companies in India and has established itself as a noteworthy mobile wallet player. It will be an amalgamation of Offer for Sale by chosen shareholders and promoters, which will be worth Rs. 400 crores, and equity share issues, worth Rs. 1500 crores. The qualified institutional buyers will be assigned 75% of the entire IPO shares.
Hence, determining the IPO that you want to invest in is an essential first step. Every company that launches an IPO, shares a prospectus with the public offering details about the company’s business and future plans. Go through this prospectus thoroughly and research the company before making a decision. Nashik-based firm ESDS Software Solutions Limited offers cloud services to private and governmental organisations.
Bajaj Energy IPO will consist of a fresh issue share of Rs. 5,150 crores with an offer for sale of shares worth Rs. 300 shares. Seven Islands Shipping Limited is the second-largest seaborne logistics company involved with the transportation of gas, crude oil and petrochemical products. The company intends to raise to Rs. 600 crores through this IPO. Seven Islands Shipping Limited’s public offering will be a combination of Rs. 400 crores worth fresh share issue and an OFS by existing shareholders. Popular Vehicles & Services Ltd filed for an initial public offering with SEBI, including a new issue of ₹150 crore and an offer for the sale of 42,66,666 (42.67 lakhs) shares. Revenue collected by Snapdeal in the year 2021 was about Rs 471 crores which was about 44% less than the previous year.
You can easily open this account with any of the SEBI-certified depository participants. Up to 25,050,543 equity shares are being offered for sale, and the selling shareholder would receive all of the proceeds. Business stated that it wants to raise money for general corporate reasons as well as investments in its subsidiaries Navi Finserv Pvt. For its first public offering, Go Airlines has submitted paperwork to SEBI. Companies use the IPO route to generate fresh equity capital for the company to further its business. Last month, Indian apparel retailer Fabindia, backed by billionaire Azim Premji’s fund, and jewellery retailer Joyallukkas scrapped their IPOs due to poor market conditions.
Aakash Educational Services offers test preparation services to students appearing for 12th standard exams and several competitive examinations held across the country. On a rolling basis, stocks which come upcoming ipo 2016 india in top 80% of total market-cap are considered largecaps, next 15% midcaps and remaining 5% smallcaps. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.
What are the steps of the IPO process in India?
Byju’s will look to file papers for an IPO within the next few months and the company is expecting to be valued at roughly $40 billion when it lists. In November 2022, it was reported that Byju’s is also finalizing plans for a $1 billion IPO of its tutoring business Aakash Educational Services. Byju’s could submit Draft Red Herring Prospectus in January or February and aim for the IPO to take place around August-September 2023.
Fresh issue of shares worth Rs 4 billion or Rs 400 crore($48.30 million) and an offer for sale of 46.8 million shares. The convertible preferred stocks will be priced to either the IPO or the next funding round though chances of the former is higher,” one the people aware of the terms of the deal had told ET. In the grey market you can sell your application on the kostak and subject rates. If you get the IPO allotment, you can sell the stock on the listing day from your demat account. A fresh issue for Rs. 1,250 crore and an offer to sell up to 30,769,600 equity shares are included in this transaction. 2021 turned out to be quite an advantageous year for the primary markets.
For Indian Market, Tracxn’s IPO issue size will be Rs 500 crores. Droom LogoDroom 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.
What does upcoming IPOs mean?
India doesn’t disappoint on this front and here is a full list of the latest & recent IPOs in 2023. Please note that this list includes companies with SEBI approval to launch public offers. Getting the regulatory approval requires the companies to furnish detailed qualitative and quantitative information about the business, its founders, and corporate history.
IPO Calendar India (Mainboard IPO in March
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. 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 business is a significant medical device company that focuses on developing, manufacturing, and marketing vascular. Mumbai-based Hexagon Nutrition Limited aims to raise ₹600 crores via IPO that comprises fresh issue of ₹100 crores and an offer for sale up to 30,113,918 equity shares of ₹1 each. We generally know the latest IPO calendar of a particular year beforehand. Investing in an IPO requires research as we may not have a lot of historical data on the performance, management and other crucial fundamental factors.
At least eight companies are awaiting listing in November, with as many as three issues kicking off for subscription this week. A slew of small-sized, richly priced issues are rushing to the primary markets. Top entrepreneurs, policymakers and investors will come together in Bengaluru on November 19 to celebrate the eighth edition of The Economic Times Startup Awards. India’s most coveted startup awards, which recognise entrepreneurial excellence, will be presented at an in-person event. Eminent leaders from the industry will be in attendance and they will discuss the hot-button issues impacting the ecosystem. Vedanta hit the headlines last year for the biggest ever private investment in India — a gargantuan semiconductor unit it plans to build in partnership with Taiwanese chip giant Foxconn.
The IPO listing price calculation is based on the demand and supply of the company shares. Comopany offer for sale of Rs. 1,100 crore and a fresh issue of Rs. 900 crore would both be included in the Rs. 2,000 crore IPO. The company’s founder and promoter is well-known and takes part in Shark Tank and other well-linked in other areas.