Looking for relevant details on the hot and trending IPOs in India? If yes, you are at the right place to get useful information on different IPOs. This comprehensive post tracks the current and the latest upcoming IPOs in India. It displays the IPO issues in the main segment and doesn’t track SME IPOs or NCDs.
We shall try our best to frequently update this post and add latest IPOs to this exclusive list as and when the companies announce their plans of IPO listing.
Let’s get started…
Before digging into the upcoming IPOs, let’s first have a look at What is IPO? and Why do companies launch an IPO? What are the specific reasons for IPO listing?
What is IPO? Meaning
IPO or Initial Public Offering is a way for the company to offer its equity shares to the public. Before the IPO, the shares of company are restricted mostly to the inside circles like directors or some initial investors who invested in the company in their early stages. You can also request investment in early stages but the company is not obliged to take your investment and issue you shares.
Simply talking, IPO is the first event in the company’s history where the equity shares of company are allotted to public at a scale.
Companies raise IPOs for one or many of the reasons as listed below:
- Raising money from public gives access to funds to company to fuel its growth and operations.
- Some companies raise IPO to pay their pending debts/liabilities.
- Some companies raise an IPO to increase their brand exposure to general public.
- IPOs help in fuelling acquisitions which are also a growth instrument.
So, a Company basically needs additional funds to enhance its business or clear its dues or build a brand identity. Sounds interesting! Isn’t it!
Upcoming IPOs List 2019
1. Stove Kraft Ltd. IPO 2019:
Don’t miss out the exclusive Stove Kraft Ltd. IPO Review and have an in-depth analysis of this upcoming IPO.
2. IRCTC Ltd.
Don’t miss out the exclusive IRCTC India Ltd. and have an in-depth analysis of this upcoming IPO.
3. Ujjivan Small Finance Bank Ltd. IPO:
This is yet another interesting Ujjivan Small Finance Bank Ltd. IPO review that you may like to read.
4. Bajaj Energy Limited IPO
You may go through another upcoming IPO review: Bajaj Energy Ltd. IPO
Mainline IPO’s in Year 2019
Have a look at the recently trending IPOs that made an impact in Year 2019
| Issuer Co. | Issue Open Date | Issue Close Date |
|---|---|---|
| Metropolis Healthcare Ltd. IPO | 3rd Apr'19 | 5th Apr'19 |
| Polycab India Ltd. IPO | 5th Apr'19 | 9th Apr'19 |
| Neogen Chemicals Ltd. IPO | 24th Apr'19 | 26th Apr'19 |
| IndiaMART InterMESH Ltd. IPO | 24th Jun'19 | 26th Jun'19 |
| Affle (India) Ltd. IPO | 29th Jul'19 | 31st Jul'19 |
| Spandana Sphoorty Financial Ltd. IPO | 5th Aug'19 | 7th Aug'19 |
| Sterling and Wilson Solar Ltd. IPO | 6th Aug'19 | 8th Aug'19 |
IPO’s List: IPO’s to Know 2018
Here is the list of IPOs as of 14 March 2018:
| Company Name | IPO Dates | IPO Price | Face Value | Discounts(If Any) | Promoters | Category |
|---|---|---|---|---|---|---|
| ICICI Securities | March 22 - March 26 | Rs 519-520 | 10 | N/A | ICICI | Financial Services |
| Sandhar Technologies Limited | March 19, 2018 - March 21, 2018 | Rs 327 - 332 | 10 | N/A | Mr. Jayant Davar | Auto Accessories |
| Mishra Dhatu Nigam Limited | March 21, 2018 - March 23, 2018 | Rs 87 - 90 | 10 | Rs 3 For Retail Investors | PSU | Metals |
You may also like: Important Financial terms every newbie must know
List of Popular IPO’s in 2018
Here are some of the famous IPOs that hit the Indian markets in previous years.
1. ICICI Securities IPO (March 22 – March 26 2018)
ICICI Securities, the financial services arm of ICICI group is launching its much anticipated IPO. ICICI securities is one of the top online brokers in India with its flagship product ICICI Direct. ICICI direct provides a broking platform to invest in equity, derivatives, currency futures, mutual funds, and other financial products, as well as to access research information, stock picks, and mutual fund recommendations.
As of 30 Sept 2017, ICICI direct report 30.7 Million users. The services of ICICI securities are not limited to ICICI Direct and are quite prominent with their services in corporates, financial institutions, high net-worth individual segment as well.
The company intends to raise capital and also be able to enhance its reach in capital markets by listing on stock exchanges.
2. Mishra Dhatu Nigam Limited IPO
Mishra Dhatu Nigam Limited is a PSU involved in manufacturing of steel, super alloys and titanium alloys. Incorporated in 1973, the company is head quartered in Hyderabad. The company has put about 48,708,400 Equity Shares of Rs 10 on offer aggregating up to Rs 438.38 Cr.
The company intends to sell the shares majorly to disinvest the shares by the pre-offer share holders(majorly Govt). The other advantages that the company can get are the statutory advantages of listing on the stock markets.
There are no similar peers in the market to compare this company to. One can just compare their year on year PE of the past years to arrive at an investment decision.
3. Sandhar Technologies Limited IPO (Mar 19, 2018 – Mar 21, 2018)
Sandhar Technologies operates in a lucrative and equally competitive automotive accessories space. Some of the automotive space companies have done extremely well on stock markets like Bosch, Minda etc. Sandhar though is majorly focussed on building security and safety systems in automobiles. The company is a leader in two wheeler locking system and commercial vehicle rear view market in India.
The company is also one of the top two commercial vehicles market and two wheeler rear view market in India. The company has 29 manufacturing facilities in India, 2 in spain and 1 in Mexico as well. The clientelle includes but not limited to Ashok Leyland, Doosan Bobcat, Escorts, Hero, Honda Cars, Komatsu, Scania, TAFE, Tata Motors, TVS etc.
The company will not receive any proceeds from Offer of Sale and will majorly use the proceeds for loan repayment.
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We’ll keep on updating this list with the latest and upcoming IPOs in India. So, keep visiting to gather relevant information on it.
Hope you liked these quick and insightful details about each of the IPOs. Feel free to share your thoughts in the comments section. Don’t forget to mention about any current, upcoming IPOs or any of the latest IPO that you would like us to include in our IPO list.