An IPO (Initial Public Offering) is the process through which a private company becomes a public company by selling its shares to the public. Investors can apply for an IPO by opening Demat account free. Once the process for opening Demat account is complete, they must select the desired IPO, enter the number of lots and price, provide the UPI ID, and submit the application. In this article, we are going to learn about IPO (initial public offering), the benefits of investing in an IPO, the upcoming IPO list in 2023 to invest and things to consider before investing in an IPO.
List of upcoming IPOs in 2023
Here is the upcoming IPO list in 2023 and some companies that have filed for IPOs:
1. Ideaforge Technology Ltd
- Issue Date: 26 Jun - 29 Jun
- Price Range: ₹638
- IPO Size: ₹550.69 - 580.03 Cr
- Minimum Investment: ₹14036
2. Cyient DLM Ltd
- Issue Date: 27 Jun - 30 Jun
- Price Range: ₹0
- IPO Size: ₹740-740 Cr
- Minimum Investment: ₹0
3. Puranik Builders Ltd
- Puranik Builders is a real estate development company based in Mumbai and Pune. They are planning to raise Rs. 510 crores through their upcoming IPO.
- Puranik Builder Ltd has filed a DRHP (Draft Red Herring Prospectus) with SEBI.
4. Godavari Biorefineries
- Ethanol producer Godavari Biorefineries has filed its DRHP with SEBI.
5. Lava International Ltd
- Lava International Ltd has filed its DRHP with SEBI.
6. Veeda Clinical Research
- Veeda Clinical Research has filed a draft red herring prospectus (DRHP) with SEBI to raise funds through an IPO.
7. FabIndia IPO
- They plan to raise around Rs. 500 crores through a fresh issue of shares.
8. Indegene IPO
- Indegene is a healthcare tech company that provides pharmaceutical firms management, research, and development services.
- They are planning to raise Rs. 950 crores by selling their shares to the public.
9. Tata Play IPO
- The IPO will involve the sale of shares by Walt Disney Co., which is a major investor in Tata Play.
10. Hosana Consumer (Mamaearth) IPO
- Mamaearth is a digital-first beauty and personal care company.
- They offer products in various segments such as face care, body care, baby care, hair care, colour cosmetics, and fragrances.
Conclusion
Investing in an IPO allows you to invest in their shares. Make sure to research the IPO properly, such as its financials, objective of the IPO, management, etc or you can talk to your financial advisor to make an informed decision. Also, plan whether you are planning to invest for the long term or you just want to book listing gain. To enhance the chances of IPO allotment, investors can apply with multiple demat accounts, bid at the highest price within the price band, and avoid waiting until the final day to apply.