Last Updated on May 3, 2023 by Anjali Chourasiya
In 2021, over 63 companies in India went public, collectively raising over Rs. 1.2 lakh cr., which was recorded as the highest amount ever raised in a single calendar year. And in 2022, over 31 companies got listed, raising ~Rs. 57,000 cr. Now it’s time for 2023, and there is an anticipation of several popular companies going public this year. In this article, let’s look at the upcoming IPOs in India in 2023 and how to invest in them.
Table of Contents
Upcoming IPOs in India (2023)
Here’s a list of upcoming IPOs in 2023. Note that the data provided here is tentative, and the companies didn’t announce the IPO release date yet.
Company name | IPO size (Rs. in cr.) |
Allied Blenders and Distillers | 2,000 |
Annai Infra Developers | 200 – 250 |
Apeejay Surrendra Park Hotel | 1000 |
Arohan Financial | 1800 |
Bajaj Energy | 5450 |
Chemspec Chemicals | 700 |
Cyient DLM | 740 |
Droom | 2,000 + OFS (Offer for Sale) |
ESAF Small Finance Bank | 998 |
Fincare Small Finance Bank | 1330 |
Gemini Edibles and Fats India | 2500 |
Go Airlines | 3600 |
Go Digit General Insurance | 1,250 |
Gujarat Polysol Chemicals | 414 |
Hexagon Nutrition | 600 |
Hinduja Leyland Finance | 500 |
Honasa Consumer Limited (Mamaearth) | 1,350 |
Indegene Limited | 3,200 |
Inspira Enterprise India Ltd. | 800 |
Ixigo | 1600 |
Keventer Agro | 800 |
Mankind Pharma | 5,500 |
Medi Assist Insurance TPA Pvt. Ltd. | 800 |
MobiKwik | 1900 |
Muthoot Microfin | 700 |
Narmada Bio-chem | 90 |
OYO Rooms | 7,000 + OFS |
Penna Cement | 1550 |
PharmEasy | 6250 |
Popular Vehicles and Services | 150 + OFS |
Rashi Peripherals | 750 |
SAMHI Hotels | 1,800 – 2,000 |
Seven Islands Shipping | 600 |
Shri Bajrang Power and Ispat Ltd | 700 |
Snapdeal | 1,250 + OFS |
Sterlite Power | 1250 |
Studds Accessories | 450 |
Survival Technologies | 1,000 |
Tata Play | 2,500 |
Tata Technologies | 4,000 |
TBO TEK Limited | 2,100 |
Utkarsh Small Finance Bank | 1,350 |
VLCC Healthcare | 300 + OFS |
Zaggle Prepaid | 750 |
Aadhar Housing Finance | To be updated |
Aakash Educations | To be updated |
Asianet Satellite Communication Ltd | To be updated |
Bharat FIH Ltd | To be updated |
boAt | To be updated |
BVG India Ltd | To be updated |
BYJU’s | To be updated |
Capillary Technologies | To be updated |
Capillary Technologies India Ltd | To be updated |
Capital Small Finance Bank Ltd | To be updated |
Century Metal Recycling | To be updated |
Cogent eService Ltd | To be updated |
Ebix Cash | To be updated |
Ecom Express | To be updated |
ESDS Software Solutions Limited | To be updated |
Fabindia | To be updated |
Fedbank Financial Services Ltd | To be updated |
Godavari Biorefineries Ltd | To be updated |
HDB Financial | To be updated |
Healthium Medtech | To be updated |
Imagine Marketing Ltd IPO | To be updated |
Infineon Biopharma | To be updated |
Joyalukkas India | To be updated |
Kids Clinic India Ltd | To be updated |
Lava International Ltd | To be updated |
Macleods Pharmaceuticals Ltd | To be updated |
Maini Precision Products Ltd | To be updated |
Mukka Proteins Ltd | To be updated |
Navi | To be updated |
Northern Arc Capital Ltd | To be updated |
Ola | To be updated |
Plaza Wires Ltd | To be updated |
Popular Vehicles Services Ltd | To be updated |
Protean eGov Technologies | To be updated |
Puranik Builder Ltd | To be updated |
Sahajanand Medical Technologies Ltd | To be updated |
Senco Gold | To be updated |
Swiggy | To be updated |
TVS Supply Chain Solutions Ltd | To be updated |
Uma Converter Limited | To be updated |
Veeda Clinical Research Ltd | To be updated |
Vikram Solar Ltd | To be updated |
Waaree Energies | To be updated |
Yatharth Hospitals | To be updated |
How to invest in an IPO?
Like other investment options like stocks, you need to hold a Demat account to buy an IPO. Once the Demat account is ready, check the pricing bands of the IPO and visit your investor platform. On the days of the IPO release, place a bid according to the price band. Click here for a detailed process on how to invest in an IPO.
What to check before investing in an IPO?
With several companies going public, it can be enticing to invest in them just by considering their popularity in the market. But, as an investor, popularity is not the only thing you need to analyse. Important factors to keep in mind before investing in an IPO are:
- Check the company’s financials. The financials need to be strong with good growth potential.
- Check the management of the company and its previous works (if any).
- Make sure you have sufficient funds in your Demat account.
Conclusion
Many companies in India are looking to go public this year. Read about the companies, keep an eye on their business and fundamentals and invest accordingly. Once the company is listed, you can track its performance easily on Tickertape. Tickertape Stock Screener helps you filter all the listed companies on NSE using over 200 parameters like market cap, profits, returns and more. Analyse thoroughly and invest wisely!
FAQs
What is the maximum investment for an IPO?
As per SEBI guidelines, the maximum investment for an IPO for retail investors is Rs. 2 lakh and if the payment is via UPI, the maximum investment is Rs. 5 lakh.
Can I withdraw an IPO application?
Yes. You can withdraw or modify your IPO application during the bidding period.
To withdraw the application, go to the order book and cancel the IPO. The bank will process the request and release the funds back.
In the case of modifying the IPO, you need to fill out the revision form and submit it to the syndicate member.
What is the bidding period in an IPO?
The bidding period is the time you can bid for an IPO. You can place IPO orders anytime between 10:00 AM on the issue opening day and 4:30 PM on the issue closing day.
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