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 Period | 4th Jan’2023 – 6th Jan’2023 |
| Issue Size | 63,72,000 equity shares |
| Issue Type | Fixed |
| Price Range | Rs.38/equity share |
| Face Value | Rs.10 |
| Minimum Order Quantity | 3000 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 Period | 9th Jan’2023 –11th Jan’2023 |
| Issue Size | 40,40,000 equity shares(Rs.31.51 cr.) |
| Issue Type | Fixed |
| Price Range | Rs.78/equity share |
| Face Value | Rs.10 |
| Minimum Order Quantity | 1600 equity shares |
| Bid Lot | 1600 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 Period | 5th Jan’2023 –9th Jan’2023 |
| Issue Size | 7,53,000 equity shares(Rs.16.94 cr.) |
| Issue Type | Fixed |
| Price Range | Rs.225/equity share |
| Face Value | Rs.10 |
| Minimum Order Quantity | 600 equity shares |
| Bid Lot | 600 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 Period | 5th Jan’2023 –27th Jan’2023 |
| Type of Security | Secured, redeemable, Non-Convertible debentures |
| Issue Size | Base : Rs.200 cr.
Shelf: Rs.1000 Cr. |
| Tenor | 24, 36, 60 months |
| Price Range | Rs.1000/NCD |
| Face Value | Rs.1000/NCD |
| Minimum Order Quantity | 10 NCD |
| Market Lot | 1 NCD |
| Basis of Allotment | First 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 Period | 6th Jan’2023 –18th Jan’2023 |
| Type of Security | Secured, redeemable, Non-Convertible debentures |
| Issue Size | Base : Rs.1000 cr.
Shelf: Rs.5000 Cr. |
| Tenor | 24, 36, 60 months |
| Price Range | Rs.1000/NCD |
| Face Value | Rs.1000/NCD |
| Minimum Order Quantity | 10 NCD
|
| Market Lot | 1 NCD |
| Basis of Allotment | First come, first serve |
The following shows the upcoming IPO list 2023:
| Name of the Company | Issue Size in Rs. Crores (Tentative) | IPO Date (Tentative) |
| Infinion Biopharma | To be updated | 2023 |
| Mukka Proteins Ltd | To be updated | 2023 |
| Capillary Technologies India Ltd | To be updated | 2023 |
| Uma Converter Limited | To be updated | 2023 |
| Protean eGov Technologies | To be updated | 2023 |
| TBO TEK Limited | 2,100 | 2023 |
| Gujarat Polysol Chemicals | 414 | 2023 |
| Go Airlines | 3,600 | 2023 |
| Arohan Financial | 1,800 | 2023 |
| MobiKwik | 1,900 | 2023 |
| Utkarsh Small Finance Bank | 1,350 | 2023 |
| Ixigo | 1,600 | 2023 |
| Penna Cement | 1,550 | 2023 |
| Keventer Agro | 800 | 2023 |
| Sterlite Power | 1,250 | 2023 |
| Fincare Small Finance Bank | 1,330 | 2023 |
| Seven Islands Shipping | 600 | 2023 |
| PharmEasy | 6,250 | 2023 |
| SAMHI Hotels | 1,800 – 2,000 | 2023 |
| Bajaj Energy | 5,450 | 2023 |
| Apeejay Surrendra Park Hotel | 1,000 | 2023 |
| Gemini Edibles and Fats India | 2,500 | 2023 |
| ESAF Small Finance Bank | 998 | 2023 |
| Medi Assist Insurance TPA Pvt. Ltd. | 800 | 2023 |
| Inspira Enterprise India Ltd. | 800 | 2023 |
| Muthoot Microfin | 700 | 2023 |
| Chemspec Chemicals | 700 | 2023 |
| Shri Bajrang Power and Ispat Ltd | 700 | 2023 |
| Hinduja Leyland Finance | 500 | 2023 |
| VLCC Healthcare | 300 + OFS | 2023 |
| Studds Accessories | 450 | 2023 |
| Annai Infra Developers | 200 – 250 | 2023 |
| Popular Vehicles and Services | 150 + OFS | 2023 |
| Narmada Bio-chem | 90 | 2023 |
| HDB Financial | To be updated | 2023 |
| Century Metal Recycling | To be updated | 2023 |
| Aakash Educations | To be updated | 2023 |
| boAt | To be updated | 2023 |
| OYO Rooms | 7,000 + OFS | 2023 |
| Droom | 2,000 + OFS | 2023 |
| Ecom Express | To be updated | 2023 |
| Navi | To be updated | 2023 |
| ESDS Software Solutions Limited | To be updated | 2023 |
| Snapdeal | 1,250 + OFS | 2023 |
| Capillary Technologies | To be updated | 2023 |
| Ola | To be updated | 2023 |
| BYJU’s | To be updated | 2023 |
| Swiggy | To be updated | 2023 |
| Fabindia | To be updated | 2023 |
| Joyalukkas India | To be updated | 2023 |
| Senco Gold | To be updated | 2023 |
| Kids Clinic India Ltd | To be updated | 2023 |
| Ebixcash | To be updated | 2023 |
| Yatharth Hospitals | To be updated | 2023 |
| Vikram Solar Ltd | To be updated | 2023 |
| Aadhar Housing Finance | To be updated | 2023 |
| Capital Small Finance Bank Ltd | To be updated | 2023 |
| Lava International Ltd | To be updated | 2023 |
| Cogent eService Ltd | To be updated | 2023 |
| TVS Supply Chain Solutions Ltd | To be updated | 2023 |
| Macleods Pharmaceuticals Ltd | To be updated | 2023 |
| Northern Arc Capital Ltd | To be updated | 2023 |
| Veeda Clinical Research Ltd | To be updated | 2023 |
| Puranik Builder Ltd | To be updated | 2023 |
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