IPOs 2024 | List of Upcoming, Open, and Listed IPOs

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Open IPOs 

Explore the latest IPO Details.
 

Company Name Price Bidding DatesSegment  
Sai Life Sciences Ltd₹522 to ₹54911 Dec – 13 DecMainboard 
One MobiKwik Systems Ltd₹265 to ₹27911 Dec – 13 DecMainboard 
Inventurus Knowledge Solutions Ltd₹1265 to ₹132912 Dec – 16 DecMainboard 
Yash Highvoltage Ltd₹138 to ₹14612 Dec – 16 DecSME
International Gemmological Institute (India) Ltd₹397 to ₹41713 Dec – 17 DecMainboard 
Hamps Bio Ltd₹5113 Dec – 17 DecSME
NACDAC Infrastructure Ltd₹33 to ₹3517 Dec – 19 DecSME
Identical Brains Studios Ltd₹51 to ₹5418 Dec – 20 DecSME
Mamata Machinery Ltd₹230 to ₹24319 Dec – 23 DecMainboard 
Concord Enviro Systems Ltd₹665 to ₹70119 Dec – 23 DecMainboard 
Sanathan Textiles Ltd₹305 to ₹32119 Dec – 23 DecMainboard 
NewMalayalam Steel Ltd₹85 to ₹9019 Dec – 23 DecSME
Transrail Lighting Ltd₹410 to ₹43219 Dec – 23 DecMainboard
DAM Capital Advisors Ltd₹269 to ₹28319 Dec – 23 DecMainboard
Carraro India Ltd₹668 to ₹70420 Dec – 24 DecMainboard
Senores Pharmaceuticals Ltd₹372 to ₹39120 Dec – 24 DecMainboard
Ventive Hospitality Ltd₹610 to ₹64320 Dec – 24 DecMainboard
Unimech Aerospace and Manufacturing Ltd₹745 to ₹78523 Dec – 26 DecMainboard

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Upcoming IPOs 

Company Name Issue PriceBidding DatesSegment
Anya Polytech & Fertilizers Ltd₹13 to ₹1426 Dec – 30 DecSME

Listed IPOs 

Company Name Issue PriceBidding DatesSegment  
Manba Finance Ltd₹114 to ₹12023 Sep – 25 SepMainboard 
Rappid Valves India Ltd₹210 to ₹22223 Sep – 25 SepSME
WOL 3D India Ltd₹142 to ₹15023 Sep – 25 SepSME
KRN Heat Exchanger and Refrigeration Ltd₹209 to ₹22025 Sep – 27 SepMainboard 
Thinking Hats Entertainment Solutions₹42 to ₹4425 Sep – 27 SepSME
Unilex Colours and Chemicals Ltd₹82 to ₹8725 Sep – 27 SepSME
TechEra Engineering Ltd₹75 to ₹8225 Sep – 27 SepSME
Forge Auto International Ltd₹102 to ₹10826 Sep – 30 SepSME
Sahasra Electronics Solutions Ltd₹269 to ₹28326 Sep – 30 SepSME
Divyadhan Recycling Industries Ltd₹60 to ₹6426 Sep – 30 SepSME
Nexxus Petro Industries Ltd₹10526 Sep – 30 SepSME
Diffusion Engineers Ltd₹159 to ₹16826 Sep – 30 SepMainboard 
Saj Hotels Ltd₹6527 Sep – 01 OctSME
HVAX Technologies Ltd₹435 to ₹45827 Sep – 01 OctSME
Paramount Dye Tec Ltd₹111 to ₹11730 Sep – 03 OctSME
Subam Papers Ltd₹144 to ₹15230 Sep – 03 OctSME
NeoPolitan Pizza and Foods Ltd₹2030 Sep – 04 OctSME
Khyati Global Ventures Ltd₹9904 Oct – 8 OctSME
Shiv Texchem Ltd₹158 to ₹16608 Oct – 10 OctSME
Garuda Construction and Engineering Ltd₹92 to ₹9508 Oct – 10 OctMainboard
Pranik Logistics Ltd₹73 to ₹7710 Oct – 14 OctSME
Hyundai Motor India Ltd₹1865 to ₹196015 Oct – 17 OctMainboard 
Lakshya Powertech Ltd₹171 to ₹18016 Oct – 18 OctSME
Freshara Agro Exports Ltd₹110 to ₹11617 Oct – 21 OctSME
Deepak Builders & Engineers India Ltd₹192 to ₹20321 Oct – 23 OctMainboard 
Premium Plast Ltd₹46 to ₹4921 Oct – 23 OctSME
Waaree Energies Ltd₹1427 to ₹150321 Oct – 23 OctMainboard 
Danish Power Ltd₹360 to ₹38022 Oct – 24 OctSME
OBSC Perfection Ltd₹95 to ₹10022 Oct – 24 OctSME
United Heat Transfer Ltd₹56 to ₹5922 Oct – 24 OctSME
Godavari Biorefineries Ltd₹334 to ₹35223 Oct – 25 OctMainboard
Usha Financial Services Ltd₹160 to ₹16824 Oct – 28 OctSME
Afcons Infrastructure Ltd₹440 to ₹46325 Oct – 29 OctMainboard
Sagility India Ltd₹28 to ₹3005 Nov – 07 NovMainboard
Swiggy Ltd₹371 to ₹39006 Nov – 08 NovMainboard
ACME Solar Holdings Ltd₹275 to ₹28906 Nov – 08 NovMainboard
Niva Bupa Health Insurance Company Ltd₹70 to ₹7407 Nov – 11 NovMainboard
Neelam Linens and Garments (India) Ltd₹20 to ₹2408 Nov – 12 NovSME
Onyx Biotec Ltd
₹58 to ₹61
13 Nov – 18 NovSME
Zinka Logistics Solution Ltd₹259 to ₹27313 Nov – 18 NovMainboard
NTPC Green Energy Ltd₹102 to ₹10819 Nov – 22 NovMainboard
Lamosaic India Ltd ₹20021 Nov – 26 NovSME
C2C Advanced Systems Ltd₹214 to ₹22622 Nov – 26 NovSME
Enviro Infra Engineers Ltd₹140 to ₹14822 Nov – 26 NovMainboard
Rajesh Power Services Ltd₹319 to ₹33525 Nov – 27 NovSME
Rajputana Biodiesel Ltd₹123 to ₹13026 Nov – 28 NovSME
Apex Ecotech Ltd₹71 to ₹7327 Nov – 29 NovSME
Abha Power and Steel Ltd ₹7527 Nov – 29 NovSME
Agarwal Toughened Glass India Ltd₹105 to ₹10828 Nov – 02 DecSME
Ganesh Infraworld Ltd₹78 to ₹8329 Nov – 03 DecSME
Suraksha Diagnostics Ltd₹420 to ₹44129 Nov – 03 DecMainboard
Nisus Finance Services Co Ltd₹170 to ₹18004 Dec – 06 DecSME
Emerald Tyre Manufacturers Ltd₹90 to ₹9505 Dec – 09 DecSME
Dhanlaxmi Crop Science Ltd₹52 to ₹5509 Dec – 11 DecSME
Toss The Coin Ltd₹172 to ₹18210 Dec – 12 DecSME
Jungle Camps India Ltd₹68 to ₹7210 Dec – 12 DecSME
Purple United Sales Ltd₹121 to ₹12611 Dec – 13 DecSME
Supreme Facility Management Ltd₹72 to ₹7611 Dec – 13 DecSME
Vishal Mega Mart Ltd₹74 to ₹7811 Dec – 13 DecMainboard

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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:

  1. 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.

  1. 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.

  1. 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.

  1. 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.

  1. 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. 

  1. 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.

  1. 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.

  1. 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.

  1. 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.

  1. 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.

  1. 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.

  1. 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.

  1. 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:

  1. Retail Individual Investors (RII)

RIIs include Indian residents, Non-Resident Indians (NRIs), and Hindu Undivided Families.

  1. Non-Institutional Investors (NII)

This includes Indian residents, NRIs, HUFs, companies, corporations, academic institutions, societies, and trusts.

  1. 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.

  1. 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.

  1. 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.
  2. 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.
  3. 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:

  1. 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.
  2. 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

1. How to launch an IPO?

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.

2. Who can invest in an IPO?

Retail investors, institutional investors, and high-net-worth individuals can invest in an IPO. You can read about the types of IPO investors here.

3. How can I check IPO allotment status?

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.

4. What is the cut-off price in an IPO?

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.

5. What is pre-apply in an IPO?

Pre-applying for an IPO allows investors to submit their applications before the official IPO bidding starts or the IPO opening date.

6. What is face value in an IPO?

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.

7. What is listing gain in an IPO?

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.

8. What is IPO listing?

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.

9. How much time does it take for an IPO refund?

IPO refunds are typically processed within 10-15 days after the allotment date. Read more- what to do if IPO refund not received.

10. What is an IPO refund?

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.

11. What is HNI in an IPO?

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.

12. What is an IPO cycle?

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.

13. What is IPO subscription?

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.

14. What is GMP in an IPO?

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.

15. What is market lot size?

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.