Latest Upcoming IPO List – 2023

[caption id="attachment_23173" align="aligncenter" width="741"]Latest Upcoming IPO List - 2023 Latest Upcoming IPO List - 2023[/caption]An Initial Public Offering (IPO) is a process by which a privately held company raises capital by issuing shares of stock to the public for the first time. This is a significant event for a company as it allows them to access a new source of funding and also opens the door for potential investors to buy a stake in the company.In the lead-up to an IPO, a company will typically go through a rigorous process of preparing its financials, legal documents, and other materials to meet the requirements of the regulatory body overseeing the offering. This process can take several months or even longer. The company will also typically hire investment banks to underwrite the offering, which means that the banks will purchase the shares from the company and then resell them to investors at a higher price.The IPO process can be a complex and time-consuming process, but it can also be a great opportunity for companies to raise capital and expand their operations. Additionally, it can also provide an opportunity for early investors and employees to cash out their holdings and receive a return on their investments.Upcoming IPOs are usually highly anticipated events in the financial world and have been on the rise in recent years. Many investors look forward to the opportunity to buy shares in a company before it becomes publicly traded, as they see the potential for significant gains in the short-term and long-term.However, it's important to keep in mind that investing in an IPO is a risky proposition as the stock price of a newly public company can be quite volatile. Some companies can experience a 'pop' in the stock price on the day of the IPO, where the stock price may increase significantly above the offering price. But, on other hand, some companies may experience a 'drop' in the stock price, where the stock price falls below the offering price. Therefore, it is crucial to perform a thorough analysis of the company and its financials before making an investment decision.In conclusion, an IPO is a significant event for a company and can be a great opportunity for investors to buy shares in a company before it becomes publicly traded. However, it's important to keep in mind that investing in an IPO is a risky proposition and should be approached with caution. Keep an eye on upcoming IPOs and make sure to perform a thorough analysis of the company and its financials before making an investment decision.

1. Chaman Metallics Limited

Chaman Metallics Ltd. was founded in 2003. It is mainly in the business of making and promoting the sale of sponge Iron. It has already acquired relevant ISO certificates and complied with necessary regulatory requirements. The company has launched this IPO to meet following objectives:
  •   To meet its capital requirements and issue expenses
  •   General purpose
Issue Period4th Jan’2023 – 6th Jan’2023
Issue Size63,72,000 equity shares
Issue TypeFixed
Price RangeRs.38/equity share
Face ValueRs.10
Minimum Order Quantity3000 equity shares

2. Ducol Organics and colors

Ducol Organics and colors was founded in 1994. It is mainly in the business of manufacturing and selling pigment concentrates, dispersions, master batches, paste colorants and preparations. Products include paints, Ink, detergent, textiles, paper, plastic color solutions and rubber. The company has a pan India presence. It has 2 manufacturing facilities in Taloja, Maharashtra and one under-construction in Mahad, Maharashtra.The company has launched this IPO to meet following objectives:
  •   To meet its capital requirements and issue expenses
  •   General purpose
Issue Period9th  Jan’2023 –11th Jan’2023
Issue Size 40,40,000 equity shares(Rs.31.51 cr.)
Issue TypeFixed
Price RangeRs.78/equity share
Face ValueRs.10
Minimum Order Quantity1600 equity shares
Bid Lot1600 equity shares and in multiples

3. Eastern Logica Infoway Limited

Eastern Logica Infoway Limited is a multi-brand company.  It is engaged in the distribution and selling of branded smart phones, IT products, allied accessories.  It also renders networking and security solutions. Its key consumer base is in North-east India.  It was incorporated in 1995 with its registered office at Kolkata. It is an unlisted public limited company.The company has launched this IPO to meet following objectives:
  •   To meet its capital requirements and issue expenses
  •   General purpose
Issue Period5th  Jan’2023 –9th Jan’2023
Issue Size 7,53,000 equity shares(Rs.16.94 cr.)
Issue TypeFixed
Price RangeRs.225/equity share
Face ValueRs.10
Minimum Order Quantity600 equity shares
Bid Lot600 equity shares and in multiples

4. Indiabulls Commercial Credit Limited

Indiabulls Commercial Credit Limited (ICCL) is a NBFC and wholly owned subsidiary of IHFL. It is accredited as a Financial Institution under SARFAESI Act. It is primarily engaged in offering long-term mortgage loans. The company has launched this IPO to meet following objectives:
  •   For further lending, finance and repayment of interest and principal of current borrowings of the company
  •   General Corporate purpose.
It is issuing its second debt offer now since September 2018.
Issue Period5th  Jan’2023 –27th Jan’2023
Type of SecuritySecured, redeemable, Non-Convertible debentures
Issue Size Base : Rs.200 cr.Shelf: Rs.1000 Cr.
Tenor24, 36, 60 months
Price RangeRs.1000/NCD
Face ValueRs.1000/NCD
Minimum Order Quantity10 NCD
Market Lot1 NCD
Basis of AllotmentFirst come, first serve

5. IIFL Finance Limited

IIFL Finance Limited is a non-deposit taking NBFC which was set up in 1995. It is primarily engaged in offering gold loans, home loans, business loans, microfinancing,  real estate financing and capital market financing. The company has launched this IPO to meet following objectives:
  •   For further lending, finance and repayment of interest and principal of current borrowings of the company upto 75%
  •   General Corporate purpose upto 25%.
Issue Period6th  Jan’2023 –18th Jan’2023
Type of SecuritySecured, redeemable, Non-Convertible debentures
Issue Size Base : Rs.1000 cr.Shelf: Rs.5000 Cr.
Tenor24, 36, 60 months
Price RangeRs.1000/NCD
Face ValueRs.1000/NCD
Minimum Order Quantity10 NCD  
Market Lot1 NCD
Basis of AllotmentFirst come, first serve

 The following shows the upcoming IPO list 2023:

Name of the CompanyIssue Size in Rs. Crores (Tentative)IPO Date (Tentative)
Infinion BiopharmaTo be updated2023
Mukka Proteins LtdTo be updated2023
Capillary Technologies India LtdTo be updated2023
Uma Converter LimitedTo be updated2023
Protean eGov TechnologiesTo be updated2023
TBO TEK Limited2,1002023
Gujarat Polysol Chemicals4142023
Go Airlines3,6002023
Arohan Financial1,8002023
MobiKwik1,9002023
Utkarsh Small Finance Bank1,3502023
Ixigo1,6002023
Penna Cement1,5502023
Keventer Agro8002023
Sterlite Power1,2502023
Fincare Small Finance Bank1,3302023
Seven Islands Shipping6002023
PharmEasy6,2502023
SAMHI Hotels1,800 - 2,0002023
Bajaj Energy5,4502023
Apeejay Surrendra Park Hotel1,0002023
Gemini Edibles and Fats India2,5002023
ESAF Small Finance Bank9982023
Medi Assist Insurance TPA Pvt. Ltd.8002023
Inspira Enterprise India Ltd.8002023
Muthoot Microfin7002023
Chemspec Chemicals7002023
Shri Bajrang Power and Ispat Ltd7002023
Hinduja Leyland Finance5002023
VLCC Healthcare300 + OFS2023
Studds Accessories4502023
Annai Infra Developers200 - 2502023
Popular Vehicles and Services150 + OFS2023
Narmada Bio-chem902023
HDB FinancialTo be updated2023
Century Metal RecyclingTo be updated2023
Aakash EducationsTo be updated2023
boAtTo be updated2023
OYO Rooms7,000 + OFS2023
Droom2,000 + OFS2023
Ecom ExpressTo be updated2023
NaviTo be updated2023
ESDS Software Solutions LimitedTo be updated2023
Snapdeal1,250 + OFS2023
Capillary TechnologiesTo be updated2023
OlaTo be updated2023
BYJU’sTo be updated2023
SwiggyTo be updated2023
FabindiaTo be updated2023
Joyalukkas IndiaTo be updated2023
Senco GoldTo be updated2023
Kids Clinic India LtdTo be updated2023
EbixcashTo be updated2023
Yatharth HospitalsTo be updated2023
Vikram Solar LtdTo be updated2023
Aadhar Housing FinanceTo be updated2023
Capital Small Finance Bank LtdTo be updated2023
Lava International LtdTo be updated2023
Cogent eService LtdTo be updated2023
TVS Supply Chain Solutions LtdTo be updated2023
Macleods Pharmaceuticals LtdTo be updated2023
Northern Arc Capital LtdTo be updated2023
Veeda Clinical Research LtdTo be updated2023
Puranik Builder LtdTo be updated2023

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