An IPO is the process by which a private company offers its shares to the public for the 1st time. In India, the Securities and Exchange Board of India (SEBI) is the regulatory body that oversees the securities market, including IPOs.
The Indian IPO market is heating up, offering exciting opportunities for investors to get ahead in the financial game. We’ll explore some of the most anticipated upcoming IPOs in India, providing a brief overview of each. Whether you’re a seasoned investor or new to the IPO game, these opportunities are worth keeping an eye on.
Infinion Biopharma
Infinion Biopharma is an innovation-driven life sciences company that merges biophysics, engineering, pharmacology, and biochemistry to create groundbreaking products across various therapeutic areas. With plans to raise funds through the sale of shares, Infinion Biopharma’s IPO promises to be an exciting opportunity for investors interested in the healthcare sector.
Mukka Proteins Ltd
Mukka Proteins Ltd, an animal protein company, focuses on producing Fish Meat, Fish Oil, Fish Soluble Paste, and alternative proteins such as Black Soldier Fly Insect Meal. The company’s ambitious plan to issue 8 crore fresh equity shares opens up investment prospects in the animal food segment.
Capillary Technologies India Ltd
Capillary Technologies is a technology-first company offering AI-based cloud-native SaaS products and solutions, including automated loyalty management and customer data platforms. With a strong market presence in the Asia-Pacific region, Capillary Technologies is set to launch its IPO in 2023, presenting an opportunity to invest in the tech sector.
Uma Converter Limited
Uma Converter Limited specialises in manufacturing flexible packaging material for various industries, including food and beverage, e-commerce, pharmaceuticals, and more. With a fresh issue of 55 lakh equity shares starting on December 15, 2022, Uma Converter’s IPO is a prospect for those interested in the packaging industry.
Protean eGov Technologies
Protean eGov Technologies, formerly known as NSDL E-Governance Infrastructure Ltd, is a key player in IT-enabled services infrastructure. With plans to raise approximately Rs 1,300 crores via IPO in early 2024, this IPO offers an opportunity to invest in the growing IT services sector.
TBO TEK Limited
TBO TEK, established in 2006, is a technology platform that simplifies airline ticket bookings for travel agents. It serves global travel distribution platforms, connecting buyers and suppliers across more than 100 airlines. Keep an eye out for this IPO if you’re interested in the travel and technology sectors.
Gujarat Polysol Chemicals
Gujarat Polysol Chemicals is a prominent chemicals manufacturer catering to the construction, agro, dyes, and leather industries in India. As per their DRHP, they aim to raise Rs 414 crores through their IPO in early 2023.
Go Airlines Ltd
Go Airlines is an ultra-low-cost carrier focused on maintaining low unit costs and providing value to customers. Though the issue date is pending, the IPO size is anticipated to be around ₹3,600 crores, making it a potential investment opportunity in the aviation sector.
Arohan Finance Ltd
Arohan Financial Services Ltd is a leading NBFC-MFI with operations in the financially under-penetrated Low-Income States of India. It provides income-generating loans and financial inclusion products. The IPO size is expected to be around ₹1800 crores, offering a chance to invest in financial inclusion and support the economically underserved.
MobiKwik Ltd
MobiKwik, a Fintech company, has risen to become one of the largest mobile wallet players in India. With operations divided into three segments, their latest IPO is expected to be around Rs 1900 crores, featuring a fresh issue of ₹1500 crores and an OFS for ₹400 crores. This IPO presents an opportunity to invest in the booming fintech sector.
Grey Market Premium
Before you dive into these IPOs, it’s essential to understand the concept of Grey Market Premium. The Grey Market Premium is the difference between the unofficial market price of an IPO share and the IPO’s issue price. It reflects the market gauge of the demand for a particular IPO. While it’s not a guaranteed indicator of future performance, it’s a useful tool for investors to assess the market’s perception of an IPO.
Investing in IPOs can be a rewarding but risk-laden endeavour. It’s vital to conduct thorough research, assess the company’s fundamentals, and consider factors like the Grey Market Premium before making an informed decision.
Conclusion
India’s IPO market is brimming with opportunities for investors. From cutting-edge biopharma to innovative technology and financial inclusion, these upcoming IPO cover a diverse range of industries. Keep an eye on the Grey Market Premium and consider your investment strategy carefully before jumping into this exciting financial arena. With the right knowledge and strategy, you can stay ahead and make the most of these hot upcoming IPO opportunities.
Remember that investing in IPOs involves risk, and it’s essential to conduct thorough research before making any investment decisions. Consider factors like the company’s financial health, business model, market trends, and the overall economic climate. It may also be beneficial to consult with a financial advisor for personalized advice based on your financial goals and risk tolerance.
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