The list of upcoming initial public offerings (IPOs) in India for the year 2023 is shown below. The list of coming IPOs comprises firms that have filed DRHP and RHP, which are slated to enter the primary market in 2023. Don’t miss this week’s IPO.
IPOs have rarely seen as strong investor interest as they have in recent years. According to data, the total collection for IPOs has already surpassed the ₹100+ lakh crore barrier this year. With less than a month until the end of the year, investors may see comparable investor interest in subsequent IPOs.
List of Upcoming GMP IPO Stocks in December 2023
Check the list of upcoming GMP IPOs in December 2023. Follow the newest IPOs and continue to invest in the primary market.
Upcoming IPOs in India 2023
An IPO is the process by which a private company goes public. When a company goes public, it works with investment banks to bring its shares to the public market, which necessitates extensive due diligence, advertising, and regulatory compliance. Selling shares to investors is similar to selling part of the company’s equity.
Investors in the latest IPO should apply online through their bank or brokers. IPO investors can apply for the next IPO using UPI-based online IPO applications or through their bank via ASBA.
Indian Renewable Energy Development Agency (IREDA) is a wholly owned Government of India (“GoI”) enterprise under the administrative control of the Ministry that aims to raise around ₹2150 crores via IPO that comprises fresh issue of ₹1290 and offer for sale up to 268,776,471 Shares of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.
Fedbank Financial Services (FedFina)
A retail-focused non-banking finance company (NBFC) promoted by The Federal Bank Limited Fedbank Financial Services (FedFina) aims to raise around ₹1092 crores via IPO that comprises fresh issue of ₹600 crores and offer for sale up to 35,161,723 equity shares ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.
Gandhar Oil Refinery
A leading manufacturer of white oils with a growing focus on the consumer and healthcare end-industries Gandhar Oil Refinery aims to raise around ₹501 crores via IPO that comprises fresh issue of ₹302 and offer for sale up to 1,17,56,910 equity shares of ₹2 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.
Tata Motors’ arm Tata Technologies aims to raise ₹3043 crores via IPO comprising offer for sale up to 60,850,278 equity shares ₹2 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.
One of the largest player in the pens segment Flair Writing aims to raise ₹593 crores via IPO comprising fresh issue of ₹292 crores and offer for sale up to ₹301 crores of ₹5 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.
Balaji Speciality Chemicals
A manufacturer in India of niche chemicals Balaji Speciality Chemicals aims to raise ₹425 crores via IPO that comprises fresh issue of ₹250 crores and offer for sale up to 2,60,00,000 equity shares ₹2 each.
A technology-enabled provider of digital products and services in the B2C, B2B, and financial technology arena EbixCash aims to raise ₹6000 crores via IPO that comprises only fresh issue of ₹6000 crores of ₹1 each.
Cloud service provider ESDS Software Solution aims to raise ₹- crores via IPO that comprises fresh issue of ₹322 crores and offer for sale up to 21,525,000 equity shares of ₹1 each.
CMR Green Technologies
One of the largest producers of Aluminium and Zinc die-casting alloys CMR Green Technologies aims to raise ₹- crores via IPO that comprises fresh issue of ₹300 crores and offer for sale up to 33,414,138 equity shares of ₹2 each.
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.
One of the largest airlines company in India GoAir aka Go First aims to raise ₹3600 crores via IPO that comprises a fresh issue of ₹3600 crores and an offer for sale up to – equity shares of ₹10 each.
One of the leading mobile wallets company MobiKwik aims to raise ₹1900 crores via an initial public offer that comprises a fresh issue of 1500 crores and offers for sale up to 400 crores at a face value of ₹2 per equity share.
One of the key players in the Indian Medical Device Market Skanray Technologies aims to raise ₹- crores via IPO that comprises fresh issue of ₹400 crores and offers for sale up to 14,106,347 equity shares of ₹10 each.
Indian’s One of the largest digital healthcare platforms Pharmeasy aims to raise ₹6250 crores via IPO that comprises fresh issue of ₹- crores and an offer for sale up to ₹- crores.
Adar Poonawalla-backed omnichannel retail Wellness Forever Medicare aims to raise ₹1500-1600 crores via IPO that comprises fresh issue of ₹400 crores and an offer for sale up to 16,044,709 equity shares of ₹2 each.
One of the leading online travel aggregators in India Ixigo aims to raise ₹1600 crores via IPO that comprises fresh issue of ₹750 crores and offer for sale up to ₹750 crores of ₹1 each.
One of the leading Wellness and Beauty services and products organizations VLCC Healthcare aims to raise ₹- crores via IPO that comprise fresh issue of ₹300 crores and offer for sale up to 8,922,672 equity shares of ₹1 each.
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.
One of the largest cement companies in India Penna Cement aims to raise ₹1550 crores via IPO that comprises fresh issue of ₹1300 crores and offer for sale up to ₹1300 crores equity shares of ₹10 each.
Upcoming IPO Frequently Asked Questions – FAQs:
What is an IPO? or What is IPO Meaning?
The IPO is an initial public offer where companies come up for their share sale to the public by offering their own privately held shares to public. The companies should draft DRHP with SEBI for Initial Public Offer (IPO) to change their company identity from Private Limited to Limited. The company should file DRHP (draft red herring prospectus) and final RHP (red herring prospectus) for IPO. SEBI approves the Initial Public Offer for the companies, and then they go for the IPO. After RHP filed by company decides the price band and the date to invest in the IPO via UPI or ASBA format for investors.
Which IPO is open today / this week? or Which IPO is coming soon?
The Upcoming IPO this week is IREDA, Fedbank Financial Services, Tata Technologies, Flair Writing, and Gandhar Oil Refienery in November 2023.
Which are the best Upcoming IPO in 2023 in India?
The upcoming IPO in India in 2023 are Motisons Jewellers, Ebixcash, Innova Captab, Indiafirst Life, RBZ Jewellers, SPC Life Sciences, Tata Play, Lohia Corp, Nova Agritech, and more. The Upcoming IPO list might include few more names after the market regulator SEBI’s approval.
Can I Apply for IPO without a Demat account?
No, As per the SEBI rules, an individual needs a Demat Account to apply for an IPO.
Are IPOs a good investment?
Yes, an IPO is a good investment for the short term and the long term as well. For a company whose financial situation is good and the demand is high, investors should go for those IPOs.
How can one apply for upcoming IPOs online?
The IPO investors can apply for the Upcoming IPO via UPI-based online IPO applications or Bank through ASBA.
Where do I get an application form for an Upcoming IPO?
Download blank ASBA IPO application forms from NSE or BSE website. You can get the IPO forms from the brokers as well.
How to Subscribe to an IPO?
You can apply for an IPO in 3 different methods.
- UPI – Online: Go to your Demat Account App like Zerodha, Upstox, PaytmMoney, or others and then Select the IPO and Apply for the IPO with your UPI ID. You will get the mandated approval in your bank or Google Pay account. You need to approve the mandate to submit your application.
- ASBA – Online: You need to log in to your bank account to apply for the IPO via ASBA. Fill in the details like Demat Account Number, PAN Number, and Bidding Details and submit.
- Broker – Offline: To apply for an upcoming IPO, you can contact your broker to fill out the form and submit it.
Note for the Investors:
- The Upcoming IPO Calendar is based on the news we get from the internet so dates might vary sometimes.
- We are giving just information about upcoming IPOs with details. We do not trade or offer any grey market premium or Kostak rates for any IPO.
- The current and latest / New IPO List is based on the DRHP filed by the companies. The Upcoming IPO list of DRHP dates might vary at a time.