Here is a complete list of all the upcoming IPOs in India in 2023. Also find out the performance of past IPOs here.
COMPANY | DATE OF FILING | DATE OF APPROVAL | ESTIMATED ISSUE (Rs crore) |
---|---|---|---|
AADHAR HOUSING FINANCE LTD. |
Not Available | 5-May-22 | 7,300.0 |
ABANS HOLDINGS LTD. |
Not Available | Not Available | 300.0 |
AEROFLEX INDUSTRIES LTD. |
13-Apr-23 | Not Available | 350.0 |
AIROX TECHNOLOGIES LTD. |
Not Available | Not Available | 750.0 |
AKME FINTRADE (INDIA) LTD. |
30-Jun-23 | Not Available | 500.0 |
ALLIED BLENDERS & DISTILLERS LTD. |
28-Jun-22 | 16-Dec-22 | 2,000.0 |
API HOLDINGS LTD. |
11-Oct-21 | Not Available | 6,250.0 |
APRAMEYA ENGINEERING LTD. |
9-Aug-22 | Not Available | 500.0 |
ARCHEAN CHEMICAL INDUSTRIES LTD. |
Not Available | 5-Dec-22 | 2,200.0 |
ASIANET SATELLITE COMMUNICATIONS LTD. |
Not Available | Not Available | 1,230.0 |
ASK AUTOMOTIVE LTD. |
13-Jun-23 | Not Available | Not Available |
AVALON TECHNOLOGIES LTD. |
8-Nov-22 | Not Available | 850.0 |
BALAJI SOLUTIONS LTD. |
17-Aug-22 | 23-Jan-23 | 400.0 |
BALAJI SPECIALITY CHEMICALS LTD. |
12-Aug-22 | 15-Nov-22 | Not Available |
BHARAT FIH LTD. |
Not Available | 6-Oct-22 | 5,000.0 |
BIBA FASHION LTD. |
12-Apr-22 | 11-Oct-22 | 1,500.0 |
BIKAJI FOODS INTERNATIONAL LTD. |
Not Available | 5-Apr-22 | 1,000.0 |
BLUE JET HEALTHCARE LTD. |
5-Sep-22 | 9-Jan-23 | 1,800.0 |
BLUE JET HEALTHCARE PVT.LTD. |
9-May-22 | Not Available | 1,800.0 |
BVG INDIA LTD. |
Not Available | Not Available | 1,300.0 |
CAPILLARY TECHNOLOGIES INDIA LTD. |
Not Available | Not Available | 850.0 |
CAPITAL SMALL FINANCE BANK LTD. |
11-Jan-21 | 2-Aug-22 | 1,000.0 |
CHEMSPEC CHEMICALS LTD. |
Not Available | Not Available | 700.0 |
CMR GREEN TECHNOLOGIES LTD. |
Not Available | Not Available | 2,000.0 |
COGENT E-SERVICES LTD. |
2-Sep-22 | Not Available | 350.0 |
CONCORD BIOTECH LTD. |
17-Aug-22 | 28-Nov-22 | 2,000.0 |
CONCORD ENVIRO SYSTEMS LTD. |
1-Jul-22 | 30-Aug-22 | Not Available |
CORRTECH INTERNATIONAL LTD. |
Not Available | 7-Jan-22 | Not Available |
COURSE5 INTELLIGENCE LTD. |
1-Dec-22 | Not Available | 600.0 |
CREDO BRANDS MARKETING LTD. |
17-Jul-23 | Not Available | Not Available |
CYIENT DLM LTD. |
1-Oct-23 | Not Available | 740.0 |
DCX SYSTEMS LTD. |
4-May-22 | 7-May-22 | 600.0 |
DELTATECH GAMING LTD. |
17-Jun-22 | 30-Sep-22 | 550.0 |
DHARMAJ CROP GUARD LTD. |
Not Available | Not Available | 300.0 |
DIVGI TORQTRANSFER SYSTEMS LTD. |
Not Available | Not Available | 500.0 |
DREAMFOLKS SERVICES LTD. |
Not Available | 5-Sep-22 | 1,000.0 |
DROOM TECHNOLOGY LTD. |
11-Dec-21 | Not Available | 3,000.0 |
EBIXCASH LTD. |
10-Mar-22 | 10-Apr-23 | 6,000.0 |
ELECTRONICS MART INDIA LTD. |
Not Available | Not Available | 500.0 |
ELIN ELECTRONICS LTD. |
Not Available | Not Available | 760.0 |
EMCURE PHARMACEUTICALS LTD. |
Not Available | 12-Aug-21 | 4,000.0 |
EMS LTD. |
5-Apr-23 | Not Available | 500.0 |
ENVIRO INFRA ENGINEERS LTD. |
30-Sep-22 | 23-Jan-23 | 50.0 |
ESAF SMALL FINANCE BANK LTD. |
10-Jul-23 | Not Available | 629.0 |
ESDS SOFTWARE SOLUTION LTD. |
9-Mar-21 | 12-Mar-21 | 1,200.0 |
FABINDIA LTD. |
Not Available | Not Available | 4,000.0 |
FEDBANK FINANCIAL SERVICES LTD. |
27-Jul-23 | Not Available | 1,700.0 |
FINCARE SMALL FINANCE BANK LTD. |
3-May-23 | Not Available | 1,000.0 |
FIRST MERIDIAN BUSINESS SERVICES LTD. |
Not Available | Not Available | 740.0 |
FIRSTMERIDIAN BUSINESS SERVICES LTD. |
27-Jan-23 | 24-Feb-23 | 740.0 |
FIVE-STAR BUSINESS FINANCE LTD. |
11-Oct-21 | 1-Jul-22 | 2,752.0 |
FLAIR WRITING INDUSTRIES LTD. |
17-Jul-23 | Not Available | 745.0 |
FUSION MICRO FINANCE LTD. |
8-Nov-21 | Not Available | 800.0 |
FUSION MICROFINANCE LTD. |
8-Nov-21 | Not Available | 800.0 |
GANDHAR OIL REFINERY (INDIA) LTD. |
23-Dec-22 | 23-Jun-23 | 500.0 |
GEMINI EDIBLES & FATS INDIA LTD. |
8-Sep-21 | Not Available | 2,500.0 |
GLOBAL HEALTH LTD. |
Not Available | Not Available | 2,500.0 |
GLOBAL SURFACES LTD. |
Not Available | Not Available | 500.0 |
GO AIRLINES (INDIA) LTD. |
Not Available | Not Available | 3,600.0 |
GO DIGIT GENERAL INSURANCE LTD. |
31-Mar-23 | Not Available | 3,500.0 |
GODAVARI BIOREFINERIES LTD. |
Not Available | Not Available | 500.0 |
GOLD PLUS GLASS INDUSTRY LTD. |
11-Apr-22 | 23-Sep-22 | 1,200.0 |
GPT HEALTHCARE LTD. |
Not Available | Not Available | 500.0 |
GUJARAT POLYSOL CHEMICALS LTD. |
Not Available | Not Available | 414.0 |
HARSHA ENGINEERS INTERNATIONAL LTD. |
2-Apr-22 | Not Available | 755.0 |
HEALTHIUM MEDTECH PVT.LTD. |
9-Jun-21 | Not Available | 1,350.0 |
HEALTHVISTA INDIA LTD. |
1-Jul-22 | 31-Mar-23 | 1,000.0 |
HEMANI INDUSTRIES LTD. |
29-Mar-22 | 13-Oct-22 | 2,000.0 |
HEXAGON NUTRITION LTD. |
Not Available | 3-Apr-22 | 600.0 |
HMA AGRO INDUSTRIES LTD. |
Not Available | 7-Jul-22 | 480.0 |
HONASA CONSUMER LTD. |
30-Dec-22 | Not Available | 2,100.0 |
HONASA CONSUMER PVT.LTD. |
Not Available | Not Available | 2,100.0 |
IDEAFORGE TECHNOLOGY LTD. |
Not Available | Not Available | 950.0 |
IKIO LIGHTING LTD. |
10-Mar-22 | Not Available | 500.0 |
IMAGINE MARKETING LTD. |
Not Available | Not Available | 2,000.0 |
INDEGENE LTD. |
16-Dec-22 | Not Available | 3,200.0 |
INDIA EXPOSITION MART LTD. |
3-Aug-22 | Not Available | 600.0 |
INDIA1 PAYMENTS LTD. |
9-Jul-21 | Not Available | 2,000.0 |
INDIAFIRST LIFE INSURANCE CO.LTD. |
27-Oct-22 | 15-Mar-23 | 2,000.0 |
INFINION BIOPHARMA LTD. |
9-Jan-21 | Not Available | 500.0 |
INNOVA CAPTAB LTD. |
29-Jun-22 | 11-Jan-23 | 900.0 |
INOX GREEN ENERGY SERVICES LTD. |
Not Available | Not Available | 500.0 |
INSPIRA ENTERPRISE INDIA LTD. |
Not Available | 11-Jan-21 | 800.0 |
IRM ENERGY LTD. |
19-Dec-22 | 21-Feb-23 | 700.0 |
J.G.CHEMICALS LTD. |
6-Jan-23 | 20-Mar-23 | Not Available |
JANA SMALL FINANCE BANK LTD. |
30-Jul-23 | Not Available | 1,100.0 |
JESONS INDUSTRIES LTD. |
Not Available | 2-Aug-22 | 900.0 |
JK FILES & ENGINEERING LTD. |
12-Sep-21 | Not Available | 500.0 |
JOYALUKKAS INDIA LTD. |
Not Available | Not Available | 2,300.0 |
JSW INFRASTRUCTURE LTD. |
10-May-23 | Not Available | 2,800.0 |
JUPITER LIFE LINE HOSPITALS LTD. |
17-May-23 | Not Available | 900.0 |
KAYNES TECHNOLOGY INDIA LTD. |
Not Available | 10-Jun-22 | 1,000.0 |
KEVENTER AGRO LTD. |
8-Oct-21 | Not Available | 800.0 |
KEYSTONE REALTORS LTD. |
Not Available | 10-Nov-22 | 850.0 |
KFIN TECHNOLOGIES LTD. |
4-Jan-22 | 11-Jul-22 | 2,400.0 |
KIDS CLINIC INDIA LTD. |
2-Nov-22 | 5-Apr-22 | 1,200.0 |
LANDMARK CARS LTD. |
Not Available | 5-Feb-22 | 762.0 |
LAVA INTERNATIONAL LTD. |
Not Available | Not Available | 1,500.0 |
LE TRAVENUES TECHNOLOGY LTD. |
Not Available | Not Available | 1,600.0 |
LOHIA CORP LTD. |
Not Available | Not Available | 500.0 |
LOHIA CORP.LTD. |
30-Sep-22 | 24-Feb-23 | Not Available |
MACLEODS PHARMACEUTICALS LTD. |
Not Available | Not Available | 5,000.0 |
MAINI PRECISION PRODUCTS LTD. |
Not Available | Not Available | 900.0 |
MANKIND PHARMA LTD. |
Not Available | Not Available | 5,000.0 |
MANOJ VAIBHAV GEMS ''N'' JEWELLERS LTD. |
7-Sep-22 | 2-Dec-22 | Not Available |
MEDI ASSIST HEALTHCARE SERVICES LTD. |
12-May-21 | 22-Jun-21 | 850.0 |
MOTISONS JEWELLERS LTD. |
27-Mar-23 | Not Available | 500.0 |
MUKKA PROTEINS LTD. |
15-Jun-23 | Not Available | 100.0 |
MUTHOOT MICROFIN LTD. |
1-Jul-23 | Not Available | 1,350.0 |
NANDAN TERRY LTD. |
10-Dec-21 | Not Available | 255.0 |
NATIONAL SECURITIES DEPOSITORY LTD. |
10-Jul-23 | Not Available | 4,500.0 |
NAVI TECHNOLOGIES LTD. |
14-Mar-22 | 5-Sep-22 | 3,350.0 |
NETWEB TECHNOLOGIES INDIA LTD. |
Not Available | Not Available | 700.0 |
NORTHERN ARC CAPITAL LTD. |
Not Available | 9-Mar-21 | 1,800.0 |
NOVA AGRITECH LTD. |
6-Mar-23 | Not Available | 500.0 |
ONE MOBIKWIK SYSTEMS LTD. |
7-Dec-21 | 10-Jul-21 | 1,900.0 |
ONEST LTD. |
28-Jul-23 | Not Available | Not Available |
ORAVEL STAYS LTD. |
31-Mar-23 | Not Available | 8,430.0 |
PAYMATE INDIA LTD. |
Not Available | Not Available | 1,500.0 |
PENNA CEMENT INDUSTRIES LTD. |
Not Available | Not Available | 1,550.0 |
PKH VENTURES LTD. |
Not Available | Not Available | Not Available |
PLATINUM INDUSTRIES LTD. |
13-Jul-23 | Not Available | Not Available |
PLAZA WIRES LTD. |
5-May-22 | 12-Oct-22 | 250.0 |
POPULAR VEHICLES & SERVICES LTD. |
8-May-21 | Not Available | 750.0 |
PRASOL CHEMICALS LTD. |
13-Apr-22 | 23-Aug-22 | 800.0 |
PRISTINE LOGISTICS & INFRAPROJECTS LTD. |
11-May-22 | 30-Sep-22 | 1,200.0 |
PROTEAN E-GOV TECHNOLOGIES LTD. |
27-Dec-21 | 17-Nov-22 | 1,500.0 |
PURANIK BUILDERS LTD. |
Not Available | Not Available | 1,000.0 |
PYRAMID TECHNOPLAST LTD. |
31-Mar-23 | 19-Jul-23 | 500.0 |
R&B INFRA PROJECT LTD. |
30-Sep-22 | 3-Mar-23 | Not Available |
RADIANT CASH MANAGEMENT SERVICES LTD. |
10-Nov-21 | 1-Oct-22 | 500.0 |
RASHI PERIPHERALS LTD. |
20-Jan-23 | 31-Mar-23 | 750.0 |
RATNAVEER PRECISION ENGINEERING LTD. |
27-Jan-23 | 30-Jun-23 | 500.0 |
RBZ JEWELLERS LTD. |
19-Jun-23 | Not Available | 100.0 |
RISHABH INSTRUMENTS LTD. |
31-Dec-22 | 17-Feb-23 | 200.0 |
RR KABEL LTD. |
8-May-23 | Not Available | 500.0 |
SAH POLYMERS LTD. |
Not Available | Not Available | 500.0 |
SAHAJANAND MEDICAL TECHNOLOGIES LTD. |
Not Available | Not Available | 1,500.0 |
SAI SILKS (KALAMANDIR) LTD. |
22-Jul-22 | 7-Nov-22 | 600.0 |
SAMHI HOTELS LTD. |
31-Mar-23 | Not Available | 2,000.0 |
SANATHAN TEXTILES LTD. |
1-Dec-22 | Not Available | 1,300.0 |
SBFC FINANCE LTD. |
Not Available | Not Available | 1,200.0 |
SENCO GOLD LTD. |
Not Available | 7-May-22 | 525.0 |
SHRI BAJRANG POWER & ISPAT LTD. |
7-Dec-21 | Not Available | 700.0 |
SIGNATURE GLOBAL (INDIA) PVT.LTD. |
14-Jul-22 | 24-Nov-22 | 1,000.0 |
SIGNATUREGLOBAL (INDIA) LTD. |
Not Available | Not Available | 1,000.0 |
SKANRAY TECHNOLOGIES LTD. |
Not Available | 10-Aug-21 | 500.0 |
SNAPDEAL LTD. |
Not Available | 12-Aug-22 | 1,900.0 |
SPC LIFE SCIENCES LTD. |
29-Mar-23 | 30-Jun-23 | 500.0 |
SRESTA NATURAL BIOPRODUCTS LTD. |
1-Nov-22 | Not Available | 500.0 |
SSBA INNOVATIONS LTD. |
8-Jan-22 | Not Available | 105.0 |
STERLITE POWER TRANSMISSION LTD. |
Not Available | 12-Feb-21 | 1,250.0 |
STITCHED TEXTILES LTD. |
Not Available | Not Available | 200.0 |
SULA VINEYARDS LTD. |
Not Available | 11-Mar-22 | 1,200.0 |
SURAJ ESTATE DEVELOPERS LTD. |
25-Jul-23 | Not Available | 400.0 |
SURVIVAL TECHNOLOGIES LTD. |
30-Dec-22 | 10-Apr-23 | 1,000.0 |
SYRMA SGS TECHNOLOGY LTD. |
Not Available | Not Available | 1,200.0 |
TAMILNAD MERCANTILE BANK LTD. |
9-Apr-21 | Not Available | 1,000.0 |
TATA PLAY LTD. |
1-Dec-22 | 26-Apr-23 | 2,500.0 |
TATA TECHNOLOGIES LTD. |
10-Mar-23 | 21-Jun-23 | 4,000.0 |
TBO TEK LTD. |
Not Available | Not Available | 2,100.0 |
TRACXN TECHNOLOGIES LTD. |
Not Available | Not Available | 550.0 |
TVS SUPPLY CHAIN SOLUTIONS LTD. |
28-Apr-23 | 18-Jul-23 | 4,200.0 |
UDAYSHIVAKUMAR INFRA LTD. |
Not Available | Not Available | 60.0 |
UMA CONVERTER LTD. |
1-Jul-21 | Not Available | 36.0 |
UNIPARTS INDIA LTD. |
Not Available | Not Available | 1,000.0 |
UPDATER SERVICES LTD. |
31-Mar-23 | Not Available | 600.0 |
UTKARSH SMALL FINANCE BANK LTD. |
8-Feb-22 | Not Available | Not Available |
VALIANT LABORATORIES LTD. |
8-Jun-23 | Not Available | 175.0 |
VEEDA CLINICAL RESEARCH LTD. |
Not Available | Not Available | 831.6 |
VIKRAM SOLAR LTD. |
24-Mar-22 | 10-Aug-22 | 2,000.0 |
VISHNU PRAKASH R.PUNGLIA LTD. |
19-Apr-23 | Not Available | 300.0 |
VLCC HEALTH CARE LTD. |
Not Available | Not Available | 800.0 |
WAAREE ENERGIES LTD. |
Not Available | 1-Mar-22 | 1,500.0 |
WAPCOS LTD. |
26-Sep-22 | Not Available | 500.0 |
WELLNESS FOREVER MEDICARE LTD. |
10-Jan-21 | Not Available | 1,500.0 |
WESTERN CARRIERS (INDIA) LTD. |
13-Jun-23 | Not Available | Not Available |
YATHARTH HOSPITAL & TRAUMA CARE SERVICES LTD. |
4-Jan-22 | 8-Feb-22 | 800.0 |
YATRA ONLINE LTD. |
28-Mar-22 | 17-Nov-22 | 750.0 |
ZAGGLE PREPAID OCEAN SERVICES PVT.LTD. |
21-Dec-22 | 29-Mar-23 | 1,500.0 |
Data Sourced from:
primedatabase.com is India's first and still the only database dedicated to the primary capital market. Started in 1989, Prime
continues to be the single source of comprehensive information on all capital market offerings.
Equitymaster discusses why the world over investments in IPOs have very rarely made money for investors and the alternative full form of the acronym could denote this.
A check list investors must go through before investing in an equity issue.
Equitymaster discusses why investor in IPOs should be very careful about the valuations so that they do not overpay.
Equitymaster discusses whether some unique IPOs have the potential to elicit any investor interest.
When it comes to investing, both avenues carry some degree of risk.
However, unlike listed businesses that have been under public and regulators' scrutiny, most IPOs are untested business models. Further, IPOs are usually priced at exorbitant valuations that do not offer enough margin of safety.
In our view, one should wait for track record post listing and enter well performing businesses at reasonable valuations.
Due diligence and margin of safety are must in our view, whether it's an IPO or listed stocks one wants to invest in.
The issue size is the the total value of the IPO. It is calculated by multiplying the number of shares offered by the company by the issue price per share.
Under the market regulator’s guidelines, there are four types of investors who can bid for shares during the IPO process.
The category of retail investors is the most popular one. It includes both resident Indians and non-resident Indians (NRI), as well as HUFs. The maximum sum that can be invested in this category is Rs 2 lakhs.
This category allows bidding at the cut-off price, with retail investors receiving at least 35% of the total offer.
The non-institutional category is open to all retail category applicants who wish to apply for an amount greater than 2 lakh. A minimum of 15% is booked for them.
NII have the option of withdrawing their bids before the day of the allotment. They are not, however, entitled to bid at the cut-off price.
QIP in the stock market is a fundraising tool, whereby a company raises capital by issuing equity shares, fully and partly convertible debentures, or any securities other than warrants which are convertible to equity shares.
The only parties eligible to purchase QIPs are Qualified Institutional Buyers (QIBs), which are accredited investors, as defined by the market regulator.
Anchor investor category includes QIBs applying to invest Rs 100 million or more through the book-building process. Up to 60% of the QIB group may be allocated to anchor investors.
Note that the price for anchor investors gets set separately.
Anchor investors need a minimum application size of Rs 100 m, and merchant bankers, promoters, and their immediate relatives are not eligible.
On Friday last week, Indian share markets continued the downtrend as the session progressed and ended the day lower.