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Upcoming IPO
The IPO market is heating up, and investors are eagerly waiting for some big names to hit the stock exchanges in the coming months. From automotive giants to food delivery services and renewable energy, these upcoming IPOs promise a diverse range of investment opportunities. Whether you're a seasoned investor or someone looking to get in on the action, knowing which IPOs are set to launch can help you make informed decisions.
Let’s dive into the upcoming IPOs that are set to take the market by storm:
1. Hyundai Motor IPO
- Issue Size: Around ₹27,870 Crores
- Opening Date: October 15, 2024
- Hyundai, one of the world’s largest automotive manufacturers, is offering its shares for the first time to the public in India. This is expected to be the biggest IPO of the year, giving investors a chance to own a piece of this global automobile giant.
2. Swiggy IPO
- Issue Size: Around ₹11,000 Crores
- The food delivery giant is finally ready to go public. Swiggy’s IPO has been eagerly awaited by retail and institutional investors alike, who see immense potential in India’s booming online food delivery market.
3. NTPC Renewables IPO
- Issue Size: Around ₹10,000 Crores
- NTPC Renewables, a subsidiary of NTPC, is all set to tap into the market with a green energy focus. With sustainability becoming a critical investment theme, this IPO could attract a lot of attention from ESG-focused investors.
4. Afcons Infrastructure IPO
- Issue Size: Around ₹7,000 Crores
- Afcons is known for its robust engineering and construction services. This IPO is expected to draw interest from those who believe in the infrastructure growth story of India.
5. Hero FinCorp IPO
- Issue Size: Around ₹4,000 Crores
- The financial arm of Hero MotoCorp, Hero FinCorp, is making its public debut. With a stronghold in the financing of two-wheelers, this IPO offers a promising opportunity for investors looking at the financial services sector.
6. Ather Energy IPO
- Issue Size: Around ₹3,100 Crores
- Electric vehicle (EV) manufacturer Ather Energy is set to go public. As EV adoption picks up pace in India, Ather Energy’s IPO could be a game-changer in the EV space.
7. Waaree Energies IPO
- Issue Size: Around ₹3,000 Crores
- Waaree Energies is a major player in the solar energy sector, and its IPO is expected to attract green energy enthusiasts and long-term investors alike.
8. HDB Financial Services IPO
- Issue Size: Around ₹2,500 Crores
- A subsidiary of HDFC Bank, HDB Financial Services offers a variety of financial services and has a strong presence in retail and commercial lending. This IPO is expected to gain significant attention.
9. Asirvad Microfinance IPO
- Issue Size: Around ₹1,500 Crores
- Backed by Manappuram Finance, Asirvad Microfinance is poised to tap into the capital markets. Microfinance institutions have played a crucial role in financial inclusion, and this IPO could be an attractive option for those looking at the sector's growth potential.
Why Should You Be Excited About These IPOs?
The upcoming IPO list features companies from diverse industries such as automotive, financial services, renewable energy, and more. Each of these companies has strong growth potential and unique market positions, making them appealing to a wide variety of investors. Whether you're looking to invest in sustainable energy or are excited about the growth in e-commerce and fintech, there’s something for everyone in this IPO season.
Things to Keep in Mind for Upcoming IPOs:
- IPO Price Band: Pay attention to the IPO price bands set by the companies. They determine your cost per share and your potential upside.
- Lot Size: The minimum and maximum lot sizes decide how many shares you can apply for.
- IPO GMP: Grey Market Premiums (GMP) are often a good indicator of how much demand there is for a particular IPO.
- Allotment Status: After the IPO closes, keep an eye on the allotment status to see if you've received shares.
- Listing Date: The listing date is when the shares start trading on the stock exchange, and it's often the day where the price sees its biggest movement.
FAQs
1. What is the largest IPO in 2024?
The largest upcoming IPO in 2024 is Hyundai Motor, with an issue size of ₹27,870 crore.
2. How can I check the IPO allotment status?
You can check the allotment status by visiting the registrar’s website or the stock exchange where the IPO is listed (BSE or NSE).
3. What is Grey Market Premium (GMP) in IPOs?
GMP refers to the price at which shares are traded in an unofficial market before they are listed on the stock exchange. It helps investors gauge the demand for an IPO.
4. How can I apply for an upcoming IPO?
You can apply for IPOs through your broker’s online platform or through apps like Groww, Zerodha, Angel One, etc. Make sure to have a Demat account.
5. Are there any upcoming SME IPOs in 2024?
Yes, along with large-scale IPOs, several SMEs are also expected to go public in 2024. Keep an eye out for upcoming SME IPO alerts.
Conclusion
The upcoming IPOs are not just an opportunity for investors to participate in India’s growth story but also a chance to invest in companies that are shaping the future across sectors. From renewable energy and electric vehicles to financial services and technology, the variety on offer means there’s something for every kind of investor. Stay tuned to the IPO news for the latest updates, and make sure to set IPO alerts to avoid missing out on these exciting opportunities.
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