Major Upcoming IPOs Of 2018

Subscribe to GoodReturns
For Quick Alerts
For Daily Alerts

    It will not be wrong to call the year 2017 to be the year of IPOs, mutual fund and small and mid cap stocks and this year too some high profile companies are likely to tap the primary market for raising funds for their growth and expansion.

    Major Upcoming IPOs Of 2018

    Some of the major upcoming IPOs include:

    NSE: National Stock Exchange which withdrew its plans of Rs. 10,000 crore issue last year to come up with an IPO offering on the back of some controversy is slated to go public this year. However the approval by SEBI is still pending on account of co-location through which the exchange is alleged to provide preferential access to some broker.
    The oldest exchange BSE after its issue listed on February 3, 2017 with stellar gains at Rs. 1085.

    IRCTC: The state-run railway company will go public this year after resolving its issues relating to service charges. And as quoted in the leading business daily report, Piyush Goyal said the resolution on such matters will provide better valuations to the Corporations' issue.

    ICICI Securities: The company plans Rs. 3000-4000 crore IPO issue for which the lead managers are Bank of America Merrill Lynch, CLSA, IIFL Holdings and Edelweis. The issue comprises sale of 20% stake by ICICI Bank which equals to 64,428,280 equity shares with a reservation of 32.21 lakh equity shares for individual and HUF shareholders of the bank.

    HDFC AMC: After Reliance Nippon Asset Management Company, the company has received the approval for stake sale via IPO offering. "We are listing it (the asset management business) in the first quarter," Deepak Parekh said in an interview. The company has listed its insurance arm in 2017.

    HAL : The company into aircraft manufacturing for the military force got SEBI nod
    for IPO in October 2017. Through the stake sale, the company aims to sell 36.2 million shares and garner a total of Rs. 2000-Rs. 2500 crore. Through the company will divest its stake by as much as 10%.

    Story first published: Monday, January 1, 2018, 16:14 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more