If you are looking for the list of Upcoming IPO Lists in India in 2024, Below are the latest IPO list that might hit the IPO market soon. The forthcoming IPO list includes the companies that have filed DRHP and RHP, which are expected soon to hit the primary market in the coming months of 2024. Do not miss out subscribe the upcoming IPO this week.
It is time to consider how the IPO scene will probably be in the context of the Indian stock market as the new year approaches. The Securities and Exchange Board of India has received many Draft Red Herring Prospectus (DRHP) filings from various organizations (SEBI).
Given the favorable environment for public issues, these businesses that have already filed their initial prospectuses will most likely start accepting public registration in 2024.
This blog will look at the list of companies that may launch their Initial Public Offerings (IPOs) in this new year.
IPO scheduled for July 2024
Here is the list of upcoming IPOs in the month of August 2024. The Mainline and SME current IPO that open this week and in upcoming weeks are Orient Technologies, Premier Energies, Bajaj Housing Finance, Brace Port Logistics, Forcas Studio, Ideal Technoplast, QVC Exports, Resourceful Automobile, Rapid Multimodal Logistics, Indian Phosphate, and Jay Bee Laminations. Stay tuned for the latest IPOs and stay invested in the primary market in India. The forthcoming IPO list includes names of those who have already filed for DRHP with SEBI and current IPOs that will list on NSE, BSE, BSE SME, and NSE Emerge indices soon.
Sanstar
Sanstar, a leading producer of plant-based specialty goods and ingredient solutions in India, plans to generate around 510.15 crores through an initial public offering (IPO). This will involve issuing a fresh 397.10 crores and offering up to 11,900,000 equity shares at a price of 2 apiece. HNI is 15%, QIB is 50%, and the retail quota is 35%.
Ola Electric (OLA Cabs)
An all-EV participant in India By issuing new shares worth 5500 crores and offering up to 95,191,195 equity shares at a price of 10 each, Ola Electric hopes to raise about [.] crores through its first public offering (IPO). HNI is 15%, QIB is 75%, and the retail quota is 10%.
Forthcoming IPOs in 2024
| Company Name | IPO Date | IPO Type | Size | Price band |
|---|---|---|---|---|
| Orient Technologies | 21-23 Aug | Mainline | ₹214.76 Cr | ₹195 to ₹206 |
| Premier Energies | 27-29 Aug | Mainline | ₹2830 Cr | ₹427 to ₹450 |
| ECOS Mobility | 28-30 Aug | Mainline | ₹601.20 Cr | ₹318 to ₹334 |
| Baazar Style Retail | 30-3 Sept | Mainline | ₹834.68 Cr | ₹370 to ₹389 |
| Gala Precision Engineering | 2-4 Sept | Mainline | 167.93 Cr | ₹503 to ₹529 |
| Bajaj Housing Finance | Sept 2024 | Mainline | ₹7000 Cr | ₹65 to ₹70 |
| Ideal Technoplast | 21-23 Aug | NSE SME | ₹16.03 Cr | ₹121 |
| QVC Exports | 21-23 Aug | NSE SME | ₹24.07 Cr | ₹86 |
| Resourceful Automobile | 22-26 Aug | BSE SME | ₹11.99 Cr | ₹117 |
| Rapid Multimodal Logistics | 22-27 Aug | BSE SME | ₹8.49 Cr | ₹84 |
| Indian Phosphate | 26-29 Aug | NSE SME | ₹67.36 Cr | ₹94 to ₹99 |
| Vdeal System | 27-29 Aug | NSE SME | ₹18.08 Cr | ₹112 |
| Jay Bee Laminations | 27-29 Aug | NSE SME | ₹88.96 Cr | ₹138 to ₹146 |
| Paramatrix Technologies | 27-30 Aug | NSE SME | ₹33.84 Cr | ₹110 |
| Aeron Composite | 28-30 Aug | NSE SME | ₹56.10 Cr | ₹121 to ₹125 |
| Travels & Rentals | 29-2 Sept | BSE SME | ₹12.24 Cr | ₹40 |
| Archit Nuwood | 30-3 Sept | BSE SME | ₹168.48 Cr | ₹257 to ₹270 |
| Boss Packaging Solutions | 30-3 Sept | NSE SME | ₹8.41 Cr | ₹66 |
| Jeyyam Global Foods | 2-4 Sept | NSE SME | ₹81.94 Cr | ₹59 to ₹61 |
List of Recent and Upcoming IPOs in India
IPO aka initial public offering is a process that a private limited company goes through for the sale of its shares to the public. The companies raise funds from the public through the IPO for their debt repayment, working capital requirements, acquisitions, and other corporate purposes.
The IPO investors should apply for the Latest IPO by online IPO application via Bank or Stockbroker. The IPO investors can apply for the Upcoming IPO via UPI-based online IPO applications or Bank through ASBA.
| Company Name | IPO Type | IPO Listing Date | Listed |
|---|---|---|---|
| Orient Technologies | Mainline | 28 Aug 2024 | ₹120 |
| Ideal Technoplast | NSE SME | 28 Aug 2024 | ₹260 |
| QVC Exports | NSE SME | 28 Aug 2024 | ₹250 |
| Resourceful Automobile | BSE SME | 29 Aug 2024 | ₹350 |
| Rapid Multimodal | BSE SME | 30 Aug 2024 | ₹260 |
| Indian Phosphate | NSE SME | 3 Sep 2024 | ₹289.20 |
| Vdeal System | NSE SME | 3 Sep 2024 | ₹425 |
| Jay Bee Laminations | NSE SME | 3 Sep 2024 | ₹1245 |
| Premier Energies | Mainline | 3 Sep 2024 | ₹339 |
| Paramatrix Technologies | NSE SME | 4 Sep 2024 | ₹430 |
| Aeron Composite | NSE SME | 4 Sep 2024 | ₹396 |
| ECOS Mobility | Mainline | 4 Sep 2024 | ₹187 |
| Travels & Rentals | BSE SME | 5 Sep 2024 | ₹305 |
| Archit Nuwood | BSE SME | 6 Sep 2024 | ₹55 |
| Baazar Style Retail | Mainline | 6 Sep 2024 | ₹221 |
| Boss Packaging Solutions | NSE SME | 6 Sep 2024 | ₹465 |
| Jeyyam Global Foods | NSE SME | 9 Sep 2024 | |
| Gala Precision Engineering | Mainline | 9 Sep 2024 | |
| Bajaj Housing Finance | Mainline | TBA | |
| Brace Port Logistics | NSE SME | TBA | |
| Hyundai Motor India | Mainline | TBA | |
| Paramount Forge | NSE SME | TBA | |
| Trafiksol ITS | BSE SME | TBA | |
| SPC Life Sciences | Mainline | TBA | |
| Balaji Speciality Chemicals | Mainline | TBA | |
| EbixCash | Mainline | TBA | |
| Sanathan Textiles | Mainline | TBA |
On The Way IPOs
Orient Technologies
A fast-growing information technology (IT) solutions provider, Orient Technologies aims to raise around ₹214.76 crores via IPO that comprises fresh issue of ₹120 crores and offer for sale up to 4,600,000 equity shares of ₹10. The retail quota is 35%, QIB is 50%, and HNI is 15%.
Premier Energies
India’s second-largest integrated solar cell and solar module manufacturer, Premier Energies to raise around ₹2,830.40 crores via IPO that comprises fresh issue of ₹1,291.40 crores and offer for sale up to 34,200,000 equity shares with face value of ₹1 each.. The retail quota is 35%, QIB is 50%, and HNI is 15%.
Forcas Studio
Forcas Studio is an NSE SME IPO to raise ₹37.44 crores via IPO. The Forcas Studio IPO price band is fixed at ₹77 to ₹80 with a market lot of 1600 shares.
Brace Port Logistics
Brace Port Logistics is an NSE SME IPO to raise ₹24.41 crores via IPO. The Brace Port Logistics IPO price band is fixed at ₹76 to ₹80 with a market lot of 1600 shares.
Ideal Technoplast
Ideal Technoplast is an NSE SME IPO to raise ₹16.03 crores via IPO. The Ideal Technoplast IPO price band is fixed at ₹121 with a market lot of 1000 shares.
QVC Exports
QVC Exports is an NSE SME IPO to raise ₹24.07 crores via IPO. The QVC Exports IPO price band is fixed at ₹86 with a market lot of 1600 shares.
Resourceful Automobile
Resourceful Automobile is a BSE SME IPO to raise ₹11.99 crores via IPO. The Resourceful Automobile IPO price band is fixed at ₹117 with a market lot of 1200 shares.
Indian Phosphate
Indian Phosphate is an NSE SME IPO to raise ₹67.36 crores via IPO. The Indian Phosphate IPO price band is fixed at ₹94 to ₹99 with a market lot of 1200 shares.
Jay Bee Laminations
Jay Bee Laminations is an NSE SME IPO to raise ₹88.96 crores via IPO. The Jay Bee Laminations IPO price band is fixed at ₹138 to ₹146 with a market lot of 1000 Shares.
How to Subscribe to an IPO?
You can apply for an IPO in 3 different methods.
- UPI – Online: Go to your Demat Account App like Zerodha, Upstox, PaytmMoney, or others and then Select the IPO and Apply for the IPO with your UPI ID. You will get the mandated approval in your bank or Google Pay account. You need to approve the mandate to submit your application.
- ASBA – Online: You need to log in to your bank account to apply for the IPO via ASBA. Fill in the details like Demat Account Number, PAN Number, and Bidding Details and submit.
- Broker – Offline: To apply for an upcoming IPO, you can contact your broker to fill out the form and submit it.
Note for the Investors:
- The Upcoming IPO Calendar is based on the news we get from the internet so dates might vary sometimes.
- We are giving just information about upcoming IPOs with details. We do not trade or offer any grey market premium or Kostak rates for any IPO.
- The current and latest / New IPO List is based on the DRHP filed by the companies. The Upcoming IPO list of DRHP dates might vary at a time.
- Check out the Historic IPO Table and IPOs List already listed on NSE & BSE.
Upcoming IPO Frequently Asked Questions – FAQs:
What is an IPO? or What is IPO Meaning?
An Initial Public Offer (IPO) is the first sale of shares to the public by a privately owned company. The companies going public raise funds through IPO for working capital, debt repayment, acquisitions, and a host of other uses.
The investor can apply for IPO Stocks in India by filling out an online IPO application offered by the stockbrokers and banks. Brokers offer UPI-based online IPO applications and the banks offer both UPI as well as ASBA IPO applications.
A list of IPOs in 2024 provides details of IPOs that came in the year 2024 at BSE, NSE, BSE SME, and NSE Emerge exchanges. Click on the company name for IPO details, IPO reviews, and analysis, IPO Allotment Status, IPO Bidding Information, Grey Market Premiums of IPO, IPO News, and Performance.
Which IPO is open today / this week? or Which IPO is coming soon?
The Upcoming IPO this week are Sanstar, Aelea Commodities, Sati Poly Plast, Prizor Viztech, Three M Paper Boards, Tunwal E-Motors, Macobs Technologies, Kataria Industries, SAR Televenture, RNFI Services, VL Infraprojects, VVIP Infratech, Chetana Education, Manglam Infra, and Clinitech Laboratory in July 2024.
Which are the best Upcoming IPO in 2024 in India?
The upcoming IPO in India in 2024 are Ebixcash, Indiafirst Life, SPC Life Sciences, Tata Play, Lohia Corp, Nova Agritech, and more. The Upcoming IPO list might include few more names after the market regulator SEBI’s approval.
Can I Apply for IPO without a Demat account?
No, As per the SEBI rules, an individual needs a Demat Account to apply for an IPO.
Are IPOs a good investment?
Yes, an IPO is a good investment for the short term and the long term as well. For a company whose financial situation is good and the demand is high, investors should go for those IPOs.
How can one apply for upcoming IPOs online?
The IPO investors can apply for the Upcoming IPO via UPI-based online IPO applications or Bank through ASBA.
Where do I get an application form for an Upcoming IPO?
Download blank ASBA IPO application forms from the NSE or BSE website. You can get the IPO forms from the brokers as well.
How to Subscribe to an IPO?
You can apply for an IPO in 3 different methods.
- UPI – Online: Go to your Demat Account App like Zerodha, Upstox, PaytmMoney, or others, and then Select the IPO and Apply for the IPO with your UPI ID. You will get the mandated approval in your bank or Google Pay account. You need to approve the mandate to submit your application.
- ASBA – Online: You need to log in to your bank account to apply for the IPO via ASBA. Fill in the details like Demat Account Number, PAN Number, and Bidding Details and submit.
- Broker – Offline: To apply for an upcoming IPO, you can contact your broker to fill out the form and submit it.
Note for the Investors:
Check out the Historic IPO Table for listed IPOs on NSE & BSE.
The Upcoming IPO Calendar is based on the news we get online, the dates might vary sometimes. We are giving just information about upcoming IPOs with details. We do not trade or offer any grey market premium or Kostak rates for any IPO.
The current and latest IPO List is based on the DRHP filed by the companies. The dates might vary at a time.
Conclusion
Some businesses may launch their IPOs in 2024. However, the plans for these companies’ Initial Public Offerings might also be postponed depending on the state of the economy and investor sentiment. Thus, it would be best if you considered this.