Open IPOs
Explore the latest IPO Details.
| Company Name | Price | Bidding Dates | Segment |
| Manba Finance Ltd | ₹114 to ₹120 | 23 Sep – 25 Sep | Mainboard |
| Rappid Valves India Ltd | ₹210 to ₹222 | 23 Sep – 25 Sep | SME |
| WOL 3D India Ltd | ₹142 to ₹150 | 23 Sep – 25 Sep | SME |
Ready for Your First IPO? Learn How to Apply Today
Upcoming IPOs
| Company Name | Price | Bidding Dates | Segment |
| KRN Heat Exchanger and Refrigeration Ltd | ₹209 to ₹220 | 25 Sep – 27 Sep | Mainboard |
| Diffusion Engineers Ltd | ₹159 to ₹168 | 26 Sep – 30 Sep | Mainboard |
| Thinking Hats Entertainment Solutions | ₹42 to ₹44 | 25 Sep – 27 Sep | SME |
| Unilex Colours and Chemicals Ltd | ₹82 to ₹87 | 25 Sep – 27 Sep | SME |
| TechEra Engineering Ltd | ₹75 to ₹82 | 25 Sep – 27 Sep | SME |
| Forge Auto International Ltd | ₹102 to ₹108 | 26 Sep – 30 Sep | SME |
| Sahasra Electronics Solutions Ltd | ₹269 to ₹283 | 26 Sep – 30 Sep | SME |
| Divyadhan Recycling Industries Ltd | ₹60 to ₹64 | 26 Sep – 30 Sep | SME |
| Saj Hotels Ltd | ₹65 | 27 Sep – 01 Oct | SME |
Listed IPOs
| Company Name | Issue Price | Bidding Dates | Segment |
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What Is IPO And How It Works?
An Initial Public Offering (IPO) is when a private company goes public by offering its shares to the general public for the first time. This means the company’s stock becomes available on the stock exchange. It’s a major step for a company looking to raise funds and expand its business.
It includes underwriting by investment banks, setting the IPO price, and IPO listing on a stock exchange.
Why Does A Company Launch An IPO?
There are several reasons why a company might decide to launch IPO stocks.
Some of the major ones include:
- Capital Requirement
Companies often need extra funds for growth, and launching an IPO is a way to secure this capital. This process can include setting IPO pricing and managing IPO subscription levels.
- Exit Strategy for Early Investors
An IPO provides early investors and company founders an opportunity to sell their shares. This way, they can easily realise their returns. It also offers a way for these investors to exit their positions.
- Creating Public Awareness
Going public through an IPO helps increase the company’s visibility and credibility. This is certainly beneficial for attracting new investors.
Steps Of The IPO Process In India
Here are the simple steps the companies must follow for IPO allotment and IPO listing, thus paving the way for easy IPO investment.
- Choose an Investment Bank (Merchant Banker)
Before the launch of the new IPOs, the company chooses an investment bank or merchant banker to act as the underwriter. This bank helps determine how much money needs to be raised, the type of securities to be offered, and IPO pricing.
- RHP Creation
The next step in the initial public offering is the creation of the Red Herring Prospectus (RHP). It is a document that includes detailed information about the company.
- SEBI Approval
The company submits a draft prospectus (known as the DRHP) to SEBI (Securities and Exchange Board of India). SEBI reviews it, which can take 2 to 4 months. For SMEs, the approval comes from the stock exchange instead.
- Apply to Stock Exchanges
Once SEBI gives the approval for the IPO listing, the company’s Merchant Banker submits the IPO application to stock exchanges. The NSE or BSE then gives its initial approval.
- Set the IPO Price
The company and Merchant Banker decide how to set the IPO pricing. They might choose a fixed price or a range for bidding. In a fixed-price IPO, the price is set beforehand. In a book-building IPO, investors bid within a specified range.
- File the RHP
The company updates its prospectus into a Red Herring Prospectus (RHP) and files it with the stock exchanges. The RHP includes the latest IPO details and information about the IPO date and pricing.
- Advertisement about IPO company list
The company, with the help of its PR and advertising teams, promotes the IPO. This helps attract potential investors for new IPOs and upcoming IPOs.
- Open for Public
Now, the corporation can open its IPO stocks to investors. This is done as per the pre-approved dates provided in the prospectus.
The IPO opens for public bidding, which usually lasts for 3 to 10 days.
- Allotment of Shares
After the IPO closes, the applications are reviewed. The IPO registrar checks the details and allocates shares. Successful applicant’s shares are transferred to their accounts. IPO refund is also decided and initiated as this step. This is valid for investors to whom shares are not allowed.
- IPO Listing
Investors place their bids within the IPO price band. The successful investors are allocated shares, which are then credited to their demat accounts. The stock is listed on the BSE or NSE. If the IPO is oversubscribed, not all investors may receive the full number of shares they applied for, or they might not receive any shares at all. In such cases, the remaining funds are refunded.
After listing, the company must continue to provide updates. Investors must keep an eye on IPO news for updates on the listed IPOs.
What Is The IPO Open And Close Date?
IPO Open Date: The first day when investors can start submitting their applications for the IPO.
IPO Close Date: The last day for submitting applications for the IPO.
Who Can Participate In IPO In India?
To invest in an IPO in India, you must meet the following requirements:
- Age: You must be at least 18 years old.
- PAN Card: A valid PAN card is required.
- Demat Account: You need a Demat account to hold shares electronically.
- Bank Account: A functional bank account with internet banking is necessary for transactions.
Who can invest in IPO?
You must fall into one of these categories:
- Retail Individual Investors (RII)
RIIs include Indian residents, Non-Resident Indians (NRIs), and Hindu Undivided Families.
- Non-Institutional Investors (NII)
This includes Indian residents, NRIs, HUFs, companies, corporations, academic institutions, societies, and trusts.
- Qualified Institutional Buyers (QIB)
This category includes:
- Mutual Funds
- Commercial Banks
- Public Financial Institutions
- Foreign Portfolio Investors (FPIs)
How To Invest In An IPO
Investing in an IPO (Initial Public Offering) involves several steps.
- Research
You need to research and keep an eye on the upcoming IPOs and open IPOs. Additionally, you must also take into consideration the company’s financial health, business model, and growth prospects.
- Create the Necessary Accounts
- Demat Account: You’ll need this to hold your shares electronically.
- Trading Account: This allows you to trade IPO stocks online.
- Bank Account: A functional bank account with internet banking is essential for transactions.
- Apply via ASBA Facility:
- You need your online banking credentials to access your account.
- You must look for the “IPOs” option in the requests tab and select it.
- Pick the IPO you want, enter the number of shares and bid price, and submit your application.
- Accept the terms and conditions to proceed. Your bank will block the funds needed for the IPO.
- If you get shares, the amount will be debited from your account. However, if you don’t receive the IPO allotment, you will get the IPO refund.
- Apply via UPI Facility on Shoonya:
Instead of logging into your net banking like with ASBA, you can use the UPI facility directly through your Shoonya trading account.
- Choose the IPO you want to invest in from the open IPOs list.
- Enter the number of shares you wish to buy and set your IPO bid price.
- Provide your personal details and your UPI ID.
- Submit your order.
Once you’ve done this, your money will be blocked and only debited if your IPO application is accepted.
Advantages of Investing in an IPO through Shoonya
Investing in an IPO through Shoonya means zero brokerage fees and no hidden charges, making it a cost-effective choice.
- Enjoy commission-free trading on IPOs as well as other assets, including equities, futures, options, currencies, and commodities.
- You benefit from a transparent pricing model with no hidden charges or annual maintenance fees.
- A simple and intuitive trading platform that makes IPO investments easy.
- You can use tools like TradingView charts, option chains, and bracket orders to enhance your trading strategies.
- Open trading and demat accounts without any charges.
- Trade seamlessly from desktop, web, or mobile devices (Android and iOS).
- Leverage AI-driven predictions to make smart IPO stock decisions.
How To Check IPO Allotment Status?
To check your IPO allotment status, you can follow these steps:
- You can check the IPO allotment status on the official BSE website- https://www.bseindia.com/investors/appli_check.aspx. Alternatively, you can also visit the registrar’s website.
- After 24 hours of the IPO allotment, your shares will be credited to your Demat account. You can also view them in your holdings.
Things To Keep In Mind While Investing In IPOs
- Read the Red Herring Prospectus (RHP) for crucial IPO details, including how the company plans to use the funds raised. It’s essential to understand the company’s risks and opportunities.
- Learn about the company’s business model, industry, and future prospects before you invest.
- You must review the company’s financial statements to assess its profitability and stability.
- Compare the IPO price with the company’s financial metrics and similar companies in the industry to see if it’s reasonably priced.
- Be aware of overall market conditions and investor sentiment, as these factors can impact the performance of listed IPOs.
FAQs| Upcoming IPOs 2024
For a new IPO launch, a company must meet regulatory requirements and hire underwriters. This step helps the company raise capital to fund growth and expansion.
Retail investors, institutional investors, and high-net-worth individuals can invest in an IPO. You can read about the types of IPO investors here.
You can check your IPO allotment status on the registrar’s website. This will provide information on whether you’ve received the shares you applied for. Read more about IPO Allotment status here.
The cut-off price is the final price at which shares are allocated to investors in an IPO. It is determined based on the demand and supply during the offering.
Pre-applying for an IPO allows investors to submit their applications before the official IPO bidding starts or the IPO opening date.
The face value is the nominal value of a share as fixed by the issuing company. It is also known as par value. Read more about the face value of share.
The listing gain in an IPO is the profit investors earn when a stock’s listing price exceeds its IPO issue price. For example, if a stock is issued at ₹100 and lists at ₹150, the listing gain is ₹50 per share.
IPO listing is when a company’s shares are made available for trading on a stock exchange. This marks the official start of public trading for the IPO shares. Read more about IPO listing here.
IPO refunds are typically processed within 10-15 days after the allotment date. Read more- what to do if IPO refund not received.
An IPO refund is the return of money to investors who did not receive shares in the IPO allotment process. It ensures that investors are reimbursed for their unsuccessful applications. Read more about the IPO refund process in India.
HNI (High Net-worth Individual) in an IPO refers to investors applying for shares worth more than ₹2 lakhs. HNIs often receive preferential allotments due to their large investment amounts. Read more about HNIs.
The IPO cycle includes stages like pre-IPO planning, filing with regulators, marketing the offering, pricing the shares, and listing them on a stock exchange.
IPO subscription is the process where investors apply for shares in an IPO, indicating their interest and demand. This helps determine the final issue price.
GMP (Grey Market Premium) is the premium at which IPO shares are traded in the grey market before their official listing. Read more about GMP.
Market lot size is the minimum number of shares that you can bid for in an IPO. It defines the smallest unit of shares available for purchase in the offering.
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Disclaimer: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.