Without getting into a lot of technical details, let us understand what an Initial Public Offering or IPO means in very simplistic terms. Let us say that there is a Company A, which is doing well, and wants to raise money for further expansion.
Subject to fulfilling all conditions laid down by the Securities and Exchange Board of India, the company can raise money by issuing fresh shares to the public and also to select investment banks, mutual funds and institutions.
The fresh issue of capital at a share price would be determined by the merchant bankers and the company. Thus when shares are issued to the public, the company will than get its shares listed and become a full-fledged company. The process of listing a company by offering shares to various categories of investors is called an IPO.
List of New and Upcoming IPOs in India - Issue Profiles |
Company | Issue Type | Offer Price (₹) | NSE Current Price (₹) | BSE Current Price (₹) | Issue Open - Close |
Addictive Learning Technology Ltd. | Public Cum Offer for Sale (Book Building) | 140.00 | 222.90 | 0.00 | Jan 19, 2024 Jan 23, 2024 |
Alpex Solar Ltd. | Public Issue (Book Building) | 115.00 | 294.35 | 0.00 | Feb 08, 2024 Feb 12, 2024 |
Apeejay Surrendra Park Hotels Ltd. | Public Cum Offer for Sale (Book Building) | 155.00 | 187.20 | 187.15 | Feb 05, 2024 Feb 07, 2024 |
Atmastco Ltd. | Public Cum Offer for Sale (Fixed Portion) | 77.00 | 139.90 | 0.00 | Feb 15, 2024 Feb 20, 2024 |
Australian Premium Solar (India) Ltd. | Public Issue (Book Building) | 54.00 | 206.95 | 0.00 | Jan 11, 2024 Jan 15, 2024 |
AVP Infracon Ltd. | Public Issue (Book Building) | 75.00 | 0.00 | 0.00 | Mar 13, 2024 Mar 15, 2024 |
Baweja Studios Ltd. | Public Cum Offer for Sale (Book Building) | 180.00 | 102.55 | 0.00 | Jan 29, 2024 Feb 01, 2024 |
Bharat Highways InvIT | Public Issue (Book Building) | 100.00 | 104.93 | 104.92 | Feb 28, 2024 Mar 01, 2024 |
BLS E-Services Ltd. | Public Issue (Book Building) | 135.00 | 316.65 | 316.75 | Jan 30, 2024 Feb 01, 2024 |
Brisk Technovision Ltd. | Public Issue (Fixed Portion) | 156.00 | 0.00 | 145.65 | Jan 23, 2024 Jan 25, 2024 |
Capital Small Finance Bank Ltd. | Public Cum Offer for Sale (Book Building) | 468.00 | 335.60 | 335.60 | Feb 07, 2024 Feb 09, 2024 |
Chatha Foods Ltd. | Public Issue (Book Building) | 56.00 | 0.00 | 0.00 | Mar 19, 2024 Mar 21, 2024 |
Deem Roll-Tech Ltd. | Public Issue (Fixed Portion) | 129.00 | 111.85 | 0.00 | Feb 20, 2024 Feb 22, 2024 |
DelaPlex Ltd. | Public Cum Offer for Sale (Book Building) | 192.00 | 221.65 | 0.00 | Jan 24, 2024 Jan 29, 2024 |
DocMode Health Technologies Ltd. | Public Issue (Fixed Portion) | 79.00 | 202.65 | 0.00 | Jan 25, 2024 Jan 30, 2024 |
Enfuse Solutions Ltd. | Public Issue (Book Building) | 96.00 | 0.00 | 0.00 | Mar 15, 2024 Mar 19, 2024 |
Enser Communications Ltd. | Public Issue (Fixed Portion) | 70.00 | 0.00 | 0.00 | Mar 15, 2024 Mar 19, 2024 |
Entero Healthcare Solutions Ltd. | Public Cum Offer for Sale (Book Building) | 1,258.00 | 0.00 | 0.00 | Feb 09, 2024 Feb 13, 2024 |
EPACK Durables Ltd. | Public Cum Offer for Sale (Book Building) | 230.00 | 164.30 | 164.30 | Jan 19, 2024 Jan 23, 2024 |
Esconet Technologies Ltd. | Public Issue (Book Building) | 84.00 | 190.10 | 0.00 | Feb 16, 2024 Feb 20, 2024 |
Euphoria Infotech (India) Ltd. | Public Issue (Book Building) | 106.00 | 0.00 | 63.99 | Jan 19, 2024 Jan 23, 2024 |
Exicom Tele-Systems Ltd. | Public Cum Offer for Sale (Book Building) | 142.00 | 224.35 | 223.55 | Feb 27, 2024 Feb 29, 2024 |
Fonebox Retail Ltd. | Public Issue (Book Building) | 70.00 | 136.70 | 0.00 | Jan 24, 2024 Jan 29, 2024 |
Gabriel Pet Straps Ltd. | Public Issue (Fixed Portion) | 101.00 | 0.00 | 124.65 | Jan 31, 2024 Feb 02, 2024 |
Gopal Snacks Ltd. | Public Issue (Book Building) | 401.00 | 369.15 | 367.35 | Mar 06, 2024 Mar 11, 2024 |
GPT Healthcare Ltd. | Public Cum Offer for Sale (Book Building) | 186.00 | 167.50 | 167.25 | Feb 22, 2024 Feb 26, 2024 |
Harshdeep Hortico Ltd. | Public Issue (Book Building) | 45.00 | 0.00 | 46.59 | Jan 29, 2024 Jan 31, 2024 |
IBL Finance Ltd. | Public Issue (Fixed Portion) | 51.00 | 48.95 | 0.00 | Jan 09, 2024 Jan 11, 2024 |
Interiors & More Ltd. | Public Issue (Book Building) | 227.00 | 265.00 | 0.00 | Feb 15, 2024 Feb 20, 2024 |
Italian Edibles Ltd. | Public Issue (Fixed Portion) | 68.00 | 36.25 | 0.00 | Feb 02, 2024 Feb 07, 2024 |
J G Chemicals Ltd. | Public Cum Offer for Sale (Book Building) | 221.00 | 194.55 | 194.75 | Mar 05, 2024 Mar 07, 2024 |
Jana Small Finance Bank Ltd. | Public Cum Offer for Sale (Book Building) | 414.00 | 0.00 | 0.00 | Feb 07, 2024 Feb 09, 2024 |
Juniper Hotels Ltd. | Public Issue (Book Building) | 360.00 | 459.30 | 459.00 | Feb 21, 2024 Feb 23, 2024 |
Jyoti CNC Automation Ltd. | Public Issue (Book Building) | 331.00 | 621.30 | 620.90 | Jan 09, 2024 Jan 11, 2024 |
Kalahridhaan Trendz Ltd. | Public Issue (Fixed Portion) | 45.00 | 41.45 | 0.00 | Feb 15, 2024 Feb 20, 2024 |
Kaushalya Logistics Ltd. | Public Issue (Book Building) | 75.00 | 89.50 | 0.00 | Dec 29, 2023 Jan 03, 2024 |
Kay Cee Energy & Infra Ltd. | Public Issue (Book Building) | 54.00 | 180.35 | 0.00 | Dec 28, 2023 Jan 02, 2024 |
Konstelec Engineers Ltd. | Public Issue (Book Building) | 70.00 | 172.30 | 0.00 | Jan 19, 2024 Jan 23, 2024 |
Koura Fine Diamond Jewelry Ltd. | Public Issue (Fixed Portion) | 55.00 | 0.00 | 70.97 | Mar 06, 2024 Mar 11, 2024 |
KP Green Engineering Ltd. | Public Issue (Book Building) | 144.00 | 0.00 | 0.00 | Mar 15, 2024 Mar 19, 2024 |
Krystal Integrated Services Ltd. | Public Cum Offer for Sale (Book Building) | 715.00 | 0.00 | 0.00 | Mar 14, 2024 Mar 18, 2024 |
Maxposure Ltd. | Public Issue (Book Building) | 33.00 | 76.45 | 0.00 | Jan 15, 2024 Jan 17, 2024 |
Mayank Cattle Food Ltd. | Public Issue (Fixed Portion) | 108.00 | 0.00 | 112.90 | Jan 29, 2024 Jan 31, 2024 |
Medi Assist Healthcare Services Ltd. | Public Issue (Book Building) | 418.00 | 458.95 | 459.60 | Jan 15, 2024 Jan 17, 2024 |
Megatherm Induction Ltd. | Public Issue (Book Building) | 108.00 | 278.05 | 0.00 | Jan 25, 2024 Jan 30, 2024 |
Mukka Proteins Ltd. | Public Issue (Book Building) | 28.00 | 35.10 | 35.10 | Feb 29, 2024 Mar 04, 2024 |
MVK Agro Food Product Ltd. | Public Issue (Fixed Portion) | 120.00 | 61.05 | 0.00 | Feb 29, 2024 Mar 04, 2024 |
Naman In-Store (India) Ltd. | Public Issue (Book Building) | 89.00 | 0.00 | 0.00 | Mar 22, 2024 Mar 27, 2024 |
New Swan Multitech Ltd. | Public Issue (Book Building) | 66.00 | 0.00 | 77.36 | Jan 11, 2024 Jan 15, 2024 |
Nova Agritech Ltd. | Public Cum Offer for Sale (Book Building) | 41.00 | 53.90 | 53.91 | Jan 23, 2024 Jan 25, 2024 |
Omfurn India Ltd. | FPO - Book Building | 75.00 | 86.95 | 0.00 | Mar 20, 2024 Mar 22, 2024 |
Owais Metal and Mineral Processing Ltd. | Public Issue (Book Building) | 87.00 | 267.15 | 0.00 | Feb 26, 2024 Feb 28, 2024 |
Platinum Industries Ltd. | Public Issue (Book Building) | 171.00 | 182.70 | 182.90 | Feb 27, 2024 Feb 29, 2024 |
Polysil Irrigation Systems Ltd. | Public Cum Offer for Sale (Fixed Portion) | 54.00 | 35.30 | 0.00 | Feb 08, 2024 Feb 13, 2024 |
Popular Vehicles and Services Ltd. | Public Cum Offer for Sale (Book Building) | 295.00 | 0.00 | 0.00 | Mar 12, 2024 Mar 14, 2024 |
Pratham EPC Projects Ltd. | Public Issue (Book Building) | 75.00 | 118.95 | 0.00 | Mar 11, 2024 Mar 13, 2024 |
Pune E-Stock Broking Ltd. | Public Issue (Book Building) | 83.00 | 0.00 | 126.53 | Mar 07, 2024 Mar 12, 2024 |
Purv Flexipack Ltd. | Public Issue (Book Building) | 71.00 | 210.00 | 0.00 | Feb 27, 2024 Feb 29, 2024 |
Qualitek Labs Ltd. | Public Issue (Fixed Portion) | 100.00 | 0.00 | 154.00 | Jan 18, 2024 Jan 22, 2024 |
R K Swamy Ltd. | Public Cum Offer for Sale (Book Building) | 288.00 | 271.80 | 271.40 | Mar 04, 2024 Mar 06, 2024 |
Rashi Peripherals Ltd. | Public Issue (Book Building) | 311.00 | 309.95 | 307.50 | Feb 07, 2024 Feb 09, 2024 |
Royal Sense Ltd. | Public Issue (Fixed Portion) | 68.00 | 0.00 | 0.00 | Mar 12, 2024 Mar 14, 2024 |
Rudra Gas Enterprise Ltd. | Public Issue (Fixed Portion) | 63.00 | 0.00 | 159.05 | Feb 08, 2024 Feb 12, 2024 |
Sadhav Shipping Ltd. | Public Issue (Fixed Portion) | 95.00 | 163.85 | 0.00 | Feb 23, 2024 Feb 27, 2024 |
Shree Karni Fabcom Ltd. | Public Issue (Book Building) | 227.00 | 300.95 | 0.00 | Mar 06, 2024 Mar 11, 2024 |
Shree Marutinandan Tubes Ltd. | Public Issue (Fixed Portion) | 143.00 | 0.00 | 271.40 | Jan 12, 2024 Jan 16, 2024 |
Signoria Creation Ltd. | Public Issue (Book Building) | 65.00 | 0.00 | 0.00 | Mar 12, 2024 Mar 14, 2024 |
Sona Machinery Ltd. | Public Issue (Book Building) | 143.00 | 139.30 | 0.00 | Mar 05, 2024 Mar 07, 2024 |
Thaai Casting Ltd. | Public Issue (Book Building) | 77.00 | 159.05 | 0.00 | Feb 15, 2024 Feb 19, 2024 |
V R Infraspace Ltd. | Public Issue (Fixed Portion) | 85.00 | 90.40 | 0.00 | Mar 04, 2024 Mar 06, 2024 |
Vibhor Steel Tubes Ltd. | Public Issue (Book Building) | 151.00 | 244.05 | 244.25 | Feb 13, 2024 Feb 15, 2024 |
Vishwas Agri Seeds Ltd. | Public Issue (Fixed Portion) | 86.00 | 0.00 | 0.00 | Mar 21, 2024 Mar 26, 2024 |
Wise Travel India Ltd. | Public Issue (Book Building) | 147.00 | 183.10 | 0.00 | Feb 12, 2024 Feb 14, 2024 |
Zenith Drugs Ltd. | Public Issue (Book Building) | 79.00 | 66.70 | 0.00 | Feb 19, 2024 Feb 22, 2024 |
1) Listing of shares
One of the biggest advantages of an IPO, is that the promoters can get their shares listed. The shares begin to trade on the exchanges after all the listing and other agreements are complied with.The shares would than trade like all other listed companies.
2) Raising Capital
Another advantage of an IPO is that it allows you to raise capital. Say a company has tried to raise money through banks and institutions, but there are limitations there. It can than use the Initial Public Offer Route. However, it has to clearly specify in the offer document how the money raised from the public will be utilized.
3) Compliance in an IPO
In all cases there has to be transparency and abiding with the provisions of guidelines by the Securities and Exchange Board of India, RBI, exchanges and various other authorities. Do feel free to browse our website for all details on forthcoming IPOs and terms that you may not be familiar with in an Initial Public Offering.