Upcoming IPO 2024

Upcoming IPO in India 2024

The year 2024 holds promise for the Indian stock market with a lineup of eagerly anticipated Initial Public Offerings. These IPO, set to debut in the coming months, represent exciting investment opportunities for individuals and institutions alike. From tech startups to established conglomerates, a diverse range of companies across sectors are gearing up to go public. This overview provides insights into the most awaited upcoming IPO of 2024, offering a glimpse into the potential newcomers that could shape the investment landscape and drive economic growth in India. Stay tuned for updates on these dynamic offerings.

List of Upcoming IPO 2024

Company Name Open Date Close Date Allotment Date Listing Date Issue Size (In Cr.) Lot Size IPO Type IPO Doc
Faalcon Concepts IPO Apr 19, 2024 Apr 23, 2024 Apr 24, 2024 Apr 26, 2024 ₹ 12.09 Cr 2,000 SME View
Emmforce Autotech IPO Apr 23, 2024 Apr 25, 2024 Apr 26, 2024 Apr 30, 2024 ₹ 53.90 Cr 1,200 SME View
*The issue size and issue dates will vary.

New / Current IPO

Company Name Open Date Close Date Allotment Date Listing Date Issue Size (In Cr.) Lot Size IPO Type IPO Doc
Ramdevbaba Solvent IPO Apr 15, 2024 Apr 18, 2024 Apr 19, 2024 Apr 23, 2024 ₹ 50.27 Cr 1,600 SME View
Birdy’s IPO Apr 15, 2024 Apr 18, 2024 Apr 19, 2024 Apr 23, 2024 ₹ 16.47 Cr 1,200 SME View
Greenhitech Ventures IPO Apr 12, 2024 Apr 16, 2024 Apr 18, 2024 Apr 22, 2024 ₹ 6.30 Cr 3,000 SME View
*The issue size and issue dates will vary.
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Forthcoming IPO

Company Name Issue Size in Rs. Crores (Tentative) IPO Date (Tentative)
Swiggy To be updated 2024
Dee Development Engineers IPO To be updated 2024
Unicommerce eSolutions IPO To be updated 2024
FirstCry To be updated 2024
Portea Medical To be updated 2024
Credo Brands To be updated 2024
RBZ Jewellers To be updated 2024
Benchmark Computer Solutions To be updated 2024
Siyaram Recycling To be updated 2024
Shree OSFM E-Mobility To be updated 2024
Mufti (Credo Brands Marketing) To be updated 2024
Medi Assist Insurance TPA Pvt. Ltd. IPO 800 2024
Go Digit IPO To be updated 2024
FabIndia IPO To be updated 2024
Emcure Pharmaceuticals IPO To be updated 2024
Mukka Proteins Ltd IPO To be updated 2024
Capillary Technologies India Ltd To be updated 2024
TBO TEK Limited IPO 2100 2024
Gujarat Polysol Chemicals IPO 414 2024
Go Airlines IPO 3600 2024
Arohan Financial 1800 2024
MobiKwik 1900 2024
Ixigo IGO 1600 2024
Penna Cement IPO 1550 2024
Keventer Agro IPO 800 2024
Sterlite Power 1250 2024
Fincare Small Finance Bank IPO 1330 2024
Seven Islands Shipping IPO 600 2024
PharmEasy 6250 2024
Bajaj Energy IPO 5450 2024
Gemini Edibles and Fats India 2500 2024
Medi Assist Insurance TPA Pvt. Ltd. 800 2024
Inspira Enterprise India Ltd. IPO 800 2024
VLCC Healthcare IPO 300 + OFS 2024
Studds Accessories IPO 450 2023
boAt To be updated 2024
OYO Rooms IPO 7,000 + OFS 2024
Droom Technology Ltd 2,000 + OFS 2024
Navi Technologies IPO To be updated 2024
ESDS Software Solutions Limited IPO To be updated 2024
Snapdeal 1,250 + OFS 2024
Capillary Technologies IPO To be updated 2024
Ola Electric To be updated 2024
BYJU’s IPO To be updated 2024
Joyalukkas India To be updated 2024
Kids Clinic India Ltd IPO To be updated 2024
Ebixcash IPO To be updated 2024
Vikram Solar Ltd IPO To be updated 2024
Aadhar Housing Finance IPO To be updated 2024
Capital Small Finance Bank Ltd IPO To be updated 2024
Lava International Ltd To be updated 2024
Cogent eService Ltd IPO To be updated 2024
Macleods Pharmaceuticals Ltd To be updated 2024
Northern Arc Capital Ltd IPO To be updated 2024
Veeda Clinical Research Ltd IPO To be updated 2024
Puranik Builder Ltd IPO To be updated 2024
Imagine Marketing Ltd IPO To be updated 2024
Sahajanand Medical Technologies Ltd IPO To be updated 2024
Healthium Medtech IPO To be updated 2024
Asianet Satellite Communication Ltd To be updated 2024
BVG India Ltd To be updated 2024
Waaree Energies IPO To be updated 2024
Maini Precision Products Ltd IPO To be updated 2024
Godavari Biorefineries Ltd IPO To be updated 2024
Bharat FIH Ltd To be updated 2024
Biba IPO To be updated 2024
course5-intelligence-ltd IPO To be updated 2024
FirstMeridian Business Services Ltd IPO To be updated 2024
Infinion Biopharma IPO To be updated 2024
Plaza Wires Ltd IPO To be updated 2024
Prasol Chemicals Ltd IPO To be updated 2024
Pristine Logistics and Infraprojects IPO To be updated 2024
Sresta Natural Bioproducts ltd IPO To be updated 2024
Suraj Estate Developers IPO To be updated 2024
*The issue size and issue dates will vary.
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Invest in IPO

What is IPO?

An Initial Public Offering (IPO) is a significant financial event in which a privately held company makes its shares available to the general public for the first time. It marks the transition from a privately owned entity to a publicly traded one. In an IPO, the company issues new shares to raise capital, which can be used for various purposes, such as business expansion, debt reduction, or acquisitions. Know more about IPO at our Knowledge Centre

What are Upcoming IPOs?

Upcoming IPO denotes the scenario where privately held companies plan to go public and offer their shares to public investors. These IPO signal a significant milestone for companies, marking their transition from private ownership to public listing on stock exchanges. The reasons behind an IPO can vary, but they often aim to raise capital for business expansion, repay debts, fund research and development, or enable early investors and founders to liquidate their holdings.

How to Apply for IPO?

To apply for an Initial public offering through a broker efficiently:

Advantages of Investing in IPO

Investing in Initial Public Offerings can offer several advantages like:

1. Potential for Early Gains

IPO investors have the opportunity to buy shares in a company at the initial offering price, often at a lower valuation than the market price after listing. If the company performs well post-IPO, investors can realize significant capital gains.

2. Diversification

IPO allow investors to diversify their portfolios by adding new stocks to their holdings. This diversification can help spread risk and enhance long-term investment returns.

3. Transparency and Regulatory Oversight

IPO are subject to rigorous regulatory scrutiny, ensuring companies provide accurate and transparent financial information to potential investors. This regulatory oversight adds a layer of security for IPO investors.

4. Dividend Income

Some companies offer dividends to their shareholders. By investing in IPO of companies with a dividend policy, investors can earn regular income in addition to potential capital appreciation.

4. Long-Term Investment Potential

IPO investing can be a part of a long-term investment strategy. Investors who believe in a company’s growth prospects may hold their IPO shares for years, benefiting from the company’s expansion and increasing share value.

Why Invest in IPO with Religare Broking?

Investing in IPO with Religare Broking opens doors to an unparalleled opportunity in the world of stock markets. Let’s look at some positive factors –

1. Seamless and Secure

Religare Broking ensures that your IPO investment journey is seamless and secure. Our user-friendly platform allows you to apply for IPO online, eliminating the hassles of paperwork and long queues.

2. Stay Informed

Religare Broking offers an array of research tools and market insights to keep you well-informed. You can access detailed information about upcoming IPO, including company profiles, financials, and expert analysis.

3. Time-Efficient

We understand the value of your time. Religare Online streamlines the IPO application process, allowing you to invest efficiently. You can apply for IPO in just a few clicks, saving you time and effort.

4. Expert Support

Our team of financial experts is always at your service. Whether you’re a seasoned investor or new to IPO, our experts can answer your queries and guide your IPO investment journey.

Factors that can increase IPO Allotment Chances

Investing in IPO with Religare Broking opens doors to an unparalleled opportunity in the world of stock markets. Let’s look at some positive factors –

1. IPO Allotment Status

The IPO allotment status is a critical update that prospective investors eagerly await after applying for shares in an Initial Public Offering (IPO). It signifies whether an individual has been allocated the shares they applied for or if their application is rejected. Upon the IPO’s closing date, the issuer and registrar evaluate the applications received, considering factors such as the number of shares available, subscription levels, and the price at which bids were made. This evaluation process aims to ensure a fair distribution of shares among all applicants. Investors often wonder how to improve their chances of receiving a larger allocation of shares when applying for an Initial Public Offering (IPO). While IPO allotments are subject to various factors, some strategies can potentially enhance your chances of getting more shares:

2. Apply for Popular IPO

Companies with high visibility and demand tend to attract more attention from investors. Applying for a well-known and highly anticipated IPO can increase your chances of being allotted more shares.

3. Use the Employee Quota

Some IPO have a separate quota reserved for employees or existing shareholders. If you can access such a quota, consider applying through it, as it may have a higher probability of allotment.

4. High Subscription to Retail Category

Retail investors often receive a fixed percentage of shares in an IPO, ensuring a level of distribution fairness. To increase your chances, apply in IPO where the retail category is highly subscribed.

5. Multiple Demat Accounts

Applying through multiple Demat accounts (held by family members or through different brokers) can increase your chances, as each application is treated separately.

6. Price Bands and Bidding Strategies

Carefully assess the price band set by the company and bid within it. Avoid bidding at the upper limit unless you are confident in the IPO’s demand. Conservative bidding can improve your chances of allotment.

Eligibility to invest in IPO

Investing in Initial Public Offerings (IPO) is an attractive proposition for many, but there are specific eligibility criteria and guidelines that investors must meet to participate in these offerings. Here’s a breakdown of the key points regarding eligibility:

1. Demat Account

To apply for IPO in India, you must have a Demat account. This account holds your shares in electronic form, and IPO shares are credited to it upon allotment.

2. Age Requirement

There is no specific age limit for investing in IPO; individuals of all ages can participate.

3. Resident Status

Both resident and non-resident Indians (NRIs) are typically eligible to invest in IPO subject to regulatory guidelines.

4. Bank Account

You need a linked bank account to transfer funds during the IPO application process seamlessly.

IPO Terminologies

When navigating the world of IPO, it’s essential to be familiar with key terminologies that shape the IPO process. Some major terminologies are –

Issue Date

The issue date is the date on which a company’s Initial Public Offering (IPO) becomes available for subscription by investors. It marks the commencement of the IPO process, allowing investors to apply for shares.

Issue Size

The issue size represents the total number of shares a company intends to offer to the public during its IPO.

IPO Price Band

The IPO price band specifies the range within which investors can bid for shares. It consists of a lower limit (floor price) and an upper limit (cap price).

Lot Size

IPO Lot size refers to the minimum number of shares an investor must apply for in an IPO.

Listing Date

The listing date is the date on which the company’s shares are officially traded on the stock exchange. It marks the transition from being privately held to publicly traded.

Offer Date

The offer date, also known as the opening date, is the date when the company officially announces the launch of its IPO and begins accepting applications from investors.

Frequently Asked Questions

What are some of the top upcoming IPO in 2024?

Some of the top upcoming IPO in 2024 include Swiggy, Boat, PharmEasy, and Bajaj Energy, with their respective opening and closing dates in 2024.

How can one apply for upcoming IPO online?

To apply for upcoming IPO online, you need a Demat and trading account with a registered broker or financial institution. Once the IPO opens, log in to your trading account and select the IPO you want to apply for. Enter the necessary details, including the number of shares and price bid. Link your UPI ID to your Demat account for payments, pay and submit the application.

Where do I get an application form for an forthcoming IPO?

You can obtain an application form for an forthcoming IPO online through the website of the issuer company, stock exchanges, or the registrar’s website handling the IPO.

Can I revise or cancel my IPO application?

In most cases, you can revise or cancel your IPO application before the IPO’s closing date.

How to check an IPO Start Date?

To check an IPO start date, visit the official website of stock exchanges like NSE or BSE, or financial news platforms. Additionally, you can consult with your broker or use online IPO tracking websites.

Which type of account is required for investment in IPO?

To invest in an IPO, you need a Demat and Trading account. A Demat account is essential for holding shares in electronic form, while a Trading account facilitates the buying and selling of securities on stock exchanges.

Can I invest without a demat account?

No, you cannot invest in the stock market, including Initial Public Offerings, without a Demat account. A Demat account is mandatory for holding and trading electronic securities, including shares acquired through IPO.

Can I apply for an IPO directly from my bank account?

No, you cannot apply for an IPO directly from your bank account. To apply for an IPO, you need a Demat and trading account provided by a registered stockbroker or financial institution.

How to get updates on upcoming IPO?

You can stay updated on upcoming IPO through various sources, including Financial News Websites, official stock exchange websites, brokerage platforms, or financial news apps.

Can we apply for 2 IPO with the same bank account?

Yes, you can apply for two or more IPO using the same bank account. There is generally no restriction on applying for multiple IPO from a single bank account. However, each IPO application is independent, and you must ensure that you have sufficient funds to cover the application amounts for all the IPO you wish to apply for.

How many IPO can I apply from one demat account?

There is typically no specific limit on the number of IPO you can apply for from one Demat account. You can apply for multiple IPO as long as you have sufficient funds to cover the application amounts and meet the eligibility criteria for each individual IPO.

How many times can I apply for an IPO?

There is typically no specific limit on the number of IPO you can apply for from one Demat account. You can apply for multiple IPO as long as you have sufficient funds to cover the application amounts and meet the eligibility criteria for each individual IPO.