Current IPO in India 2024

IPO

Sagility India

Offer Date: Nov 5, 2024 - Nov 7, 2024

Mainboard Live

Offer Price

28-30

Lot Size

500

Subscription

0.18 times
View
IPO

ACME Solar Holdings

Offer Date: Nov 6, 2024 - Nov 8, 2024

Mainboard Pre-Apply

Offer Price

275-289

Lot Size

51

Subscription

N/A times

Exp. Premium

25-27 (8.65%)
View
Pre-Apply Open. The mandate will be received when the IPO starts.
IPO

Swiggy

Offer Date: Nov 6, 2024 - Nov 8, 2024

Mainboard Pre-Apply

Offer Price

371-390

Lot Size

38

Subscription

N/A times

Exp. Premium

9-10 (2.31%)
View
Pre-Apply Open. The mandate will be received when the IPO starts.
IPO

Niva Bupa Health Insurance

Offer Date: Nov 7, 2024 - Nov 11, 2024

Mainboard

Offer Price

70-74

Lot Size

200

Subscription

N/A times
IPO Dates & Price Band have been Finalized !!!
IPO

Neelam Linens and Garments

Offer Date: Nov 8, 2024 - Nov 12, 2024

NSE SME

Offer Price

20-24

Lot Size

6000

Subscription

N/A times
IPO

Rosmerta Digital Services

Offer Date: Nov 18, 2024 - Nov 21, 2024

BSE SME

Offer Price

140-147

Lot Size

1000

Subscription

N/A times

Exp. Premium

27-30 (18.37%)
IPO

NTPC Green Energy

Offer Date: TBA - TBA

Mainboard

Offer Price

N/A

Lot Size

N/A

Subscription

N/A times
IPO

Avanse Financial Services

Offer Date: TBA - TBA

Mainboard

Offer Price

N/A

Lot Size

N/A

Subscription

N/A times

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Upcoming IPOs

IPO

Avax Apparels And Ornaments

Offer Date Coming Soon

BSE SME

Avax Apparels And Ornaments Limited is involved in two separate lines of business: Wholesale trading Online retail of silver ornaments The company wholesales knitted fabric and sells silver ornaments online, including rings, ladies' payal, gents kada, plate sets, glass, bangles, bowls, chains, and other jewellery. It supplies all major cities across the country. The company has several key advantages in wholesale trading. It is geographically located in the hub of cloth manufacturing, which provides a significant advantage. In addition, the company benefits from the growing demand for these products and the strong business relationships maintained by the management, all of which contribute to the company's success in this segment.

IPO

Archit Nuwood Industries

Offer Date Coming Soon

BSE SME

Archit Nuwood Industries Limited was founded in 2017 and manufactures a wide range of MDF and HDF boards as well as pre-laminated boards in various designs. The company's product portfolio includes: MDF: Pre-laminated interior grade materials or pre-lam, Pre-laminated Exterior Grade MDF (Medium Density Fiberboard), Plain Exterior Grade MDF (Medium Density Fiberboard), Plain Interior Grade MDF (Medium Density Fiberboard). HDF: Pre-laminated HDF, or High-Density Fiberboard, Plain High-Density Fiberboard (HDF), Plain California Air Resources Board (CARB) Compliant Panels, and Pre-laminated California Air Resources Board (CARB) Compliant Panels. High-Pressure Laminate (HPL) As of April 26, 2024, the Company had 149 employees, including directors, on its payroll.

IPO

Mamata Machinery

Offer Date Coming Soon

BSE, NSE

Mamata Machinery manufactures and exports plastic bag and pouch-making machines, packaging machines, and extrusion equipment, offering end-to-end solutions for the packaging industry. Its products are used across various sectors, including FMCG, food, and e-commerce packaging. Mamata Machinery serves clients like Balaji Wafers and Gits Food Products and provides after-sales service as well. Established in 1989, the company has expanded globally, with operations in over 75 countries, including the USA. It offers bag, pouch, and blown film machines, constantly innovating with patented designs. Mamata Machinery’s manufacturing facilities are in India and the USA, supporting a growing packaging industry.

IPO

Hero Motors

Offer Date Coming Soon

BSE, NSE

Hero Motors began its operations in 2001 with the Alloys and Metallic’s segment and today is India's leading automotive technology company. The company specializes in designing, developing, manufacturing, and supplying highly engineered powertrain solutions for automotive OEM manufacturer across the world. Their products are used in various categories, including two-wheelers, performance automotive, e-bikes, off-road vehicles, electric and hybrid cars, heavy duty vehicles, and electric vertical take-off and landing (eVTOL) categories. The company has a diverse product portfolio catering to electric vehicles (EVs) and internal combustion engine vehicles (ICEs). They are the only player manufacturing and exporting CVT hubs to global e-bike OEMs from India and are the only manufacturer of integrated electric powertrain products for e-bikes in India. The company has been involved in acquisition and joint venture to step into new horizons. The company has developed in-house design and engineering capabilities, as well as manufacturing and validation capabilities, with adequate R&D resources, equipment, assembly lines, and end-of-line testing machines.

IPO

Transrail Lighting

Offer Date Coming Soon

BSE, NSE

Transrail Lighting Limited is a prominent Indian engineering, procurement, and construction (EPC) company, specialising in the power transmission and distribution sectors. With over four decades of experience, Transrail has earned a reputation as a trusted partner globally, offering comprehensive turnkey solutions. In the financial year ending March 31, 2023, they achieved remarkable growth, with revenue from operations soaring by 35.1%, outpacing their peers, as reported by the CRISIL Report. This growth underscores their strong position in the industry. Transrail spans 58 countries, including Bangladesh, Kenya, Tanzania, Nigeria, Poland, and Nicaragua, where it undertakes turnkey EPC projects and supply operations. As of September 30, 2023, Transrail has successfully executed EPC projects covering 33,500 circuit kilometres of transmission lines and 30,000 circuit kilometres of distribution lines, both domestically and internationally. Providing EPC services for substations up to 765 kilovolts (kV), further solidifying their expertise in the field.

IPO

Patel Retail

Offer Date Coming Soon

BSE, NSE

Patel Retail Limited, established in 2008, is a leading retail supermarket chain primarily serving tier-III cities and suburban areas, particularly in Maharashtra's Thane and Raigad districts. With a focus on value retail, the company operates thirty-one stores spanning approximately 1,26,000 sq. ft. As part of its strategy to enhance margins and brand visibility, Patel's R Mart has introduced private label products like Patel Fresh pulses and Indian Chaska spices, sourced and packaged at their processing facility in Ambernath, Maharashtra.

IPO

IndiaFirst Life Insurance Company

Offer Date Coming Soon

BSE, NSE

IndiaFirst Life Insurance started operating in 2009 as a private life insurance company. The Indian private life insurance firm was one of the fastest growing regarding New Business IRP in fiscal 2022. It recorded 27.3% CAGR growth in New Business in IRP for the 5-year period ending in fiscal 2022, against the private life insurance segment’s growth of 13.9% CAGR. IndiaFirst Life Insurance is backed by Bank of Baroda - the third-largest public sector bank, and Union Bank of India, the fifth-largest PSU bank. It primarily operates through the expansive bancassurance network, which contributed 91.34% of New Business IRP in fiscal 2022.

IPO

National Securities Depository Limited (NSDL)

Offer Date Coming Soon

BSE, NSE

National Securities Depository Limited (NSDL) is India's leading market infrastructure institution, registered with the Securities and Exchange Board of India (SEBI). Since the enactment of the Depositories Act in 1996, NSDL has been at the forefront of transforming India's securities market by introducing the dematerialisation of securities. This revolutionary step occurred in November 1996, marking a significant milestone in the Indian financial landscape. NSDL operates as a robust depository, providing a comprehensive framework that enables market participants to engage in India's financial and securities markets. The institution plays a central role in developing innovative products and services to address the evolving needs of the financial services industry in the country.

IPO

Hero FinCorp

Offer Date Coming Soon

BSE, NSE

A diversified financial services company, Hero FinCorp offers two-wheeler financing, advances for buying homes in the affordable housing segment, loans for education, and lends to the small and medium enterprise sector. The lender has presence in over 4,000 cities and towns across India and nearly 2,000 retail financing touchpoints within Hero MotoCorp's network.

IPO

Indo Farm Equipment

Offer Date Coming Soon

BSE, NSE

ndo Farm Equipment Limited boasts a rich history spanning over two decades as a fully integrated manufacturer of top-tier Tractors, Pick & Carry Cranes, and an array of farm equipment, including Harvester Combines and Rotavators, along with their associated spare parts and components. The company's product line extends to global markets, with a sales distribution of 90% within the domestic market and 10% in exports over the last three fiscal years. The company's manufacturing facilities, accredited with ISO 9001:2015 certification, sprawl across 1,27,840 square metres of industrial land situated in Baddi, Himachal Pradesh. This extensive setup encompasses a dedicated foundry unit, machine shop, fabrication and assembly units for Tractors, Pick & Carry Cranes, and other equipment. Indo Farm Equipment Limited's manufacturing infrastructure is fully equipped with induction furnaces, pneumatic molding machines, automatic molding lines, a sand plant, a comprehensive Metallurgy and Sand Testing Laboratory, Machining Center, Gear Shop, Press Shop, Fabrication Shop, Paint Shop, Assembly unit, Quality Room, and Utility room. In 2006, an in-house captive foundry was established, and in 2007, Pick & Carry Cranes were introduced to the company's portfolio, establishing the organisation as a pioneering entity in this sector. In 2017, an in-house Non-Banking Financial Company (NBFC) was launched to provide retail financing for the tractor line. The products are marketed and distributed through a network of more than 140 dealers across various states, including Punjab, Haryana, Uttar Pradesh, Maharashtra, Gujarat, and Rajasthan. Over the years, a comprehensive integrated ecosystem has been developed to ensure the provision of high-quality products and financial support to customers.

IPO

Polymatech Electronics

Offer Date Coming Soon

BSE, NSE

Polymatech Electronics Limited was originally incorporated as Polymatech Electronics Private Limited on May 29, 2007. The company is the first opto-semiconductor chips manufacturer in India. They have a manufacturing facility in Kancheepuram, Tamil Nadu and have bought a BTS (Built to Suit) facility in Krishnagiri, Tamil Nadu. The products of the company are categorised as fully packaged opto-semiconductor chips and luminaries, which are LED lights used for commercial purposes. They began the opto-semiconductor chips production in 2019 and use European and Japanese technologies to offer high-quality products to meet international standards. The company designs, fabricates, manufactures, packs and assembles the opto-semiconductor chips and sells them directly to customers. These chips are also used in their luminary assembly. The company’s luminaries are installed at several factories, temples and stadiums, such as Vishay Precision Group, Shin-Etsu, Japan, Sawai Mansingh Stadium, Parthasarathi Temple, Chennai and more. The opto-semiconductor industry in the world is expected to touch USD 59,224 million by 2028 from USD 43,780 million in 2022. The growth is primarily driven by the automotive sector and infrastructure providers to provide lighting in commercial spaces or households. The company can benefit from the demand.

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Listed IPOs

IPO

Afcons Infrastructure

Offer Date: Oct 25, 2024 - Oct 29, 2024

Mainboard

Listing Date

2024-11-04

List Price

426.0(NSE)

Offer Price

440-463

Subscription

2.63 times
Listing Price : ₹426 at a Discount of 7.99%
NSE : AFCONS BSE : 544280
IPO

Usha Financial Services

Offer Date: Oct 24, 2024 - Oct 28, 2024

NSE SME

Listing Date

2024-10-31

List Price

164.0

Offer Price

160-168

Subscription

19.45 times
Listing Price : ₹164 at a Discount of 2.38%
IPO

Godawari Biorefineries

Offer Date: Oct 23, 2024 - Oct 25, 2024

Mainboard

Listing Date

2024-10-30

List Price

308.0(NSE)

Offer Price

334-352

Subscription

1.83 times

Closing Price

354.00 (0.57%)
Listing Price : ₹308 at a Discount of 12.50%
NSE : GODAVARIB BSE : 544279
IPO

OBSC Perfection

Offer Date: Oct 22, 2024 - Oct 24, 2024

NSE SME

Listing Date

2024-10-29

List Price

110.0

Offer Price

95-100

Subscription

16.63 times
Listing Price : 110 at a Premium of 10%
IPO

United Heat Transfer

Offer Date: Oct 22, 2024 - Oct 24, 2024

NSE SME

Listing Date

2024-10-29

List Price

60.95

Offer Price

56-59

Subscription

83.91 times
Listing Price : 60.95 at a Premium of 3.31%

Mainboard IPOs

Current Mainboard IPOs for This Week and the Upcoming Week: Sagility India IPO, ACME Solar Holdings IPO, Swiggy IPO, Niva Bupa Health Insurance IPO, NTPC Green Energy IPO, Avanse Financial Services IPO

Upcoming Mainboard IPOs Expected in the Coming Months of This Year and Next Year: Avax Apparels And Ornaments IPO, Archit Nuwood Industries IPO, Mamata Machinery IPO, Hero Motors IPO, Transrail Lighting IPO, Patel Retail IPO, IndiaFirst Life Insurance Company IPO, National Securities Depository Limited (NSDL) IPO, Hero FinCorp IPO, Indo Farm Equipment IPO

Recently Listed Mainboard IPOs: Afcons Infrastructure IPO, Godawari Biorefineries IPO, Waaree Energies IPO, Deepak Builders & Engineers India IPO, Hyundai Motor India IPO


SME IPOs

Current SME IPOs for This Week and the Upcoming Week: Neelam Linens and Garments IPO, Rosmerta Digital Services IPO

Recently Listed SME IPOs: Usha Financial Services IPO, OBSC Perfection IPO, United Heat Transfer IPO, Danish Power IPO, Premium Plast IPO

About IPO

What is an Initial Public Offering (IPO)?

IPO or Initial Public Offering is a process by which a Private company becomes a Public Company. The company becomes 'Public' when it starts offering its shares to the Public for the first time. Selling shares is like giving a stake of the company to the shareholders.

Types of IPOs:
  • Mainline IPOs: Mainline IPOs are the process by which large companies come out with an offer of equity on main stock exchanges like NSE and BSE.
  • SME IPOs: Through these IPOs, smaller companies are allowed to go public and to source finance by getting listed on markets such as the NSE and the BSE.
What is a company's motive behind launching an IPO?

A company is about to unleash the huge potential for growth when it accomplishes many milestones through its IPO! Going public offers a business the possibility of raising a significant amount of funds at a higher level to fuel growth, new offerings, and debt repayment. IPOs multiply investment avenues and opportunities for a business, as an IPO lends credibility and authenticity to the firm.

How does a company file for an IPO?
  • Decision to Go Public
  • Selecting Underwriters
  • Due Diligence and Preparation
  • Regulatory Filing
  • Marketing the IPO
  • Pricing the IPO
  • Going Public
  • Post-IPO Responsibilities
Categories of IPO investors:
  • Retail Investors (General Public)
  • Qualified Institutional Buyers (QIB)
  • Non-Institutional Investor (NII) / High Net Worth Individuals (HNI)
  • Employees and Affiliates (In some special cases)
Methods to apply for an IPO online:
  • Through a Trading Account with a Broker or Service Providers
  • Through UPI Method
  • By Net Banking By ASBA method
Easiest way to APPLY IPO using ipoji.com or IPO Ji App
  • Open the IPO Ji App or Website
  • Find All the Exciting List of IPOs
  • Press "Apply" Button
  • Enter Your Demat Account
  • Select Your Shares and Submit
  • Track Your IPO Status
Download IPOJi App for a seamless experience! Click here

FAQs

Ans. To a company, an IPO is the most exciting milestone: listing on the stock exchange! That's when a privately run business opens its doors to public investors who get a chance to buy some stock and become part-owners of the business. That very transformation lets them not only refill their business with fresh capital, hence its fuel, but also increase brand value, credibility, and market presence. To investors, the IPO represents the golden opportunity for participation in ground-floor, potentially very high-growth ventures. That is the time when dreams of expansion, innovation, and wealth creation all come together in an overactive mix to create an atmosphere of excitement within the financial world.

Ans. Anybody can invest in an IPO, but the type of process involved and its eligibility may differ in certain cases depending on the form of investor and the respective IPO. The five primary categories of investors include:

  • Retail Investors: This category constitutes individual investors who are basically able to purchase shares of an IPO through a brokerage account. Most often, they would have to meet certain criteria that the brokerage firm sets down, which can be a minimum account balance or trading history.
  • Institutional investors: These are large institutions, such as mutual funds, hedge funds, pension funds, and insurance companies. They get preferential treatment buying into IPOs, given their buying power and influence.
  • Accredited Investor: A high-net-worth individual that meets some predefined criteria of income or net worth thresholds; would normally have a wider range of investment opportunities, which could include IPOs.
  • Employees and Affiliates: Sometimes the company going public issues shares to their employees, executives, and affiliates at a concessional rate or as part of the benefits package.
  • Foreign Investors: Non-residents or international investors can also invest in IPOs if permitted by the regulations and restrictions of their home country and the country of the issuing company.

Ans. The subscription period is the time set for an IPO during which one can apply for the subscription of the shares of a company going public. Normally, it is a few-day window in which any interested investor can place his bid or subscription for the number of shares he wants to buy at a price within the specified range. After the close of the subscription period, the company and its underwriters gauge demand, allot shares to successful bidders, and confirm the offering price. It is a rather tense and euphoric period, for this actually seals the deal for initial investor interest and lays the ground for the company to launch onto the stock exchange!

Ans. To apply for an IPO using IPO Ji, follow these steps:

  • Research the Company
  • Check the Valuation
  • Understand Market Conditions
  • Know Subscription Status
  • Review the Red Herring Prospectus (RHP)
  • Set Realistic Bids
  • Diversify Your Investments
  • Avoid Multiple Applications
  • Keep Documents Ready
  • Track Allotment Status
  • Be Aware of Post-IPO Responsibilities
  • Consult a Financial Advisor

Ready to invest? Apply now using the IPO Ji App or visit ipoji.com!

Ans. You can get exclusive details of mainline/mainboard upcoming IPOs & SME IPOs right here on IPO Ji.

Ans. Here are some important things to keep in mind while applying for an IPO:

  • Research the Company
  • Check the Valuation
  • Understand Market Conditions
  • Know Subscription Status
  • Review the Red Herring Prospectus (RHP)
  • Set Realistic Bids
  • Diversify Your Investments
  • Avoid Multiple Applications
  • Keep Documents Ready
  • Track Allotment Status
  • Be Aware of Post-IPO Responsibilities
  • Consult a Financial Advisor

Ans. You can check allotment status here on IPO Ji website/App.