Upcoming IPOs: After a record-breaking year in 2022 and a sluggish start in 2023, the main market is off to a bad start in 2024. So yes, just three firms have gone public: Adani Wilmar, AGS Transact, and Vedant Fashions. In the preceding year, around 63 firms went public, the most since 2010. The firms raised a total of Rs 1,19,882 crore through IPOs, much exceeding the previous high of Rs 75,279 crore in 2017. Markets have also been turbulent as a result of increased crude oil prices, geopolitical tensions between Russia and Ukraine, and concerns about greater inflation. As a result, numerous firms have postponed their IPO ambitions.Â
How to Increase the Chances of IPO Allotment
There is no definite answer to this issue since the likelihood of an enterprise going public (IPO) varies greatly from company to company and year to year. However, some pointers on how to improve your chances of getting picked for an IPO allocation might be useful.Â
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Some broad guidelines include ensuring your firm has a sound financial base, being well-managed and holding the necessary skills and technology, having a compelling business vision, and having a clear development strategy. Additionally, keeping up with market trends and staying ahead of prospective competitors is critical to increasing your chances of success.
Prerequisites for submitting an IPO application
IPO candidates must have a solid business history and understand the Capital Markets Process. To guarantee that your firm is ready for an initial public offering (IPO), you must first comprehend the stock market and the Capital Markets Process in general.
The Capital Markets Process encompasses the complete capital formation system, including the initial public offering (IPO). The Capital Markets Process is a complicated structure that allows the government to generate cash to support projects, buy products and services, and offer other services.
Upcoming IPO List 2023 & 2024
IPO Issuer Company | Open Date of IPO | Close Date of IPO | IPO Issue Price (Rs) | IPO Issue Size (Rs Cr.) | IPO Lot Size | IPO Exchange |
Benchmark Computer Solutions Limited IPO | BSE SME | |||||
Sheetal Universal Limited IPO | NSE SME | |||||
Deepak Chemtex Limited IPO | 29 Nov 2023 | 1 Dec 2023 | 76.00 to 80.00 | 23.04 | 1600 | BSE SME |
AMIC Forging Limited IPO | Nov 29, 2023 | Dec 01, 2023 | 121.00 to 126.00 | 34.80 | 1,000 | BSE SME |
Net Avenue Technologies Limited IPO | Nov 30, 2023 | Dec 04, 2023 | 16.00 to 18.00 | 10.25 | 8,000 | NSE SME |
Graphisads Limited IPO | Nov 30, 2023 | Dec 05, 2023 | 111.00 | 53.41 | 1,200 | NSE SME |