Upcoming IPO 2024: Forget fireworks, the stock market’s gonna light up brighter than Diwali! From tech titans like Swiggy to familiar brands like FirstCry, a treasure trove of companies are lining up to hit the IPO dance floor.
Now, you might be wondering, “IPO? What is that?” Well, picture it like this: A company throws a grand party, inviting everyone to buy a piece of their yummy business pie. This yummy pie is called “shares,”.
But hold on, before you dive headfirst into this IPO feast, let’s be mindful of the market mood. Right now, things are looking up, like a monsoon breeze after a scorching summer. But the winds can change faster than a Delhi traffic jam, so keeping an eye on the news and expert chatter is key. Remember, just like that piping hot jalebi you crave, IPOs can be tempting, but gobbling them down without thinking can burn your fingers.
So, get ready to witness a grand IPO mela in 2024, but choose your bites wisely! Do your research, follow the market whispers, and invest with a cool head to make the most of this IPO bonanza!
Upcoming IPO 2024:
1. Ola Electric: (Target: $700-$800 million)
- India’s EV king, Ola Electric, is revving up for a massive IPO, aiming to raise between $700 and $800 million. Buckle up for a potential ride on the electric vehicle boom!
2. Swiggy: (Estimated Valuation: $10 billion)
- Swiggy, the food delivery giant, is ready to dish out a delicious IPO. With a potential valuation of $10 billion, this IPO promises to change the way we get our chai and samosas.
3. PhonePe: (Target: $2 billion)
- PhonePe, the digital payment platform backed by Walmart, is eyeing a whopping $2 billion IPO. This tech giant is poised to tap into India’s growing love for cashless transactions.
4. Aakash Education Services: (Estimated Valuation: $1.5 billion)
- Aakash, the leader in test prep and education, might offer an IPO this year. With India’s education sector booming, this could be a wise investment for the future.
5. FirstCry: (Estimated Valuation: $1 billion)
- FirstCry, the one-stop shop for all things baby and maternity, is preparing to take its business public. This IPO could be a goldmine for investors riding the wave of India’s young population.
6. Awfis: (Estimated Valuation: $350 million)
- Tired of the same old office grind? Awfis, the co-working space provider, is bringing a breath of fresh air to the IPO scene. Offering swanky workspaces and top-notch amenities, Awfis could be a smart investment for the future of work.
7. FabIndia: (Estimated Valuation: $1.5 billion)
- Get ready for a dose of desi goodness with FabIndia’s potential IPO. This iconic brand, known for its handcrafted textiles and ethnic products, promises to weave its magic on the stock market.
8. Indegene: (Estimated Valuation: $1.2 billion)
- Indegene, a leading healthcare tech company, is brewing up an IPO that could be the medicine for your portfolio blues. With expertise in medical data and analytics, Indegene is poised to disrupt the healthcare industry.
9. TVS Supply Chain Solutions (Estimated Valuation: $1 billion)
- Keep your business humming with TVS Supply Chain Solutions’ potential IPO. This logistics giant is known for its efficient and tech-driven services, making it a valuable asset for any supply chain.
10. Tata Play (formerly Tata Sky): (Estimated Valuation: $1.5 billion)
- Get ready for a TV revolution with Tata Play’s IPO! This entertainment giant, formerly known as Tata Sky, is expanding its horizons beyond satellite TV, offering streaming services and broadband.
11. Survival Technologies: (Estimated Valuation: $500 million)
- Feeling insecure? Survival Technologies, a leading provider of security and surveillance solutions, might be the answer. From securing critical infrastructure to protecting sensitive data, this company could be a solid defensive pick for your portfolio.
12. Hexagon Nutrition: (Estimated Valuation: $300 million)
- Get ready to pump up your investments with Hexagon Nutrition, a rising star in the health and wellness industry. Focussing on sports nutrition and dietary supplements, this company could tap into the growing fitness craze in India.
13. Sahajanand Medical Technologies: (Estimated Valuation: $400 million)
- Sahajanand Medical Technologies, a name synonymous with innovative medical devices, is gearing up for an IPO that could bring relief to your portfolio. With expertise in cardiac and orthopedic solutions, this company is well-positioned in the booming Indian healthcare market.
14. Inspira Enterprise India: (Estimated Valuation: $250 million)
- Need a breath of fresh air in your investments? Inspira Enterprise India, a leading manufacturer of air purifiers and ventilation systems, might be the answer. Riding the wave of rising pollution concerns, this company could offer some healthy returns.
15. Popular Vehicles and Services: (Estimated Valuation: $800 million)
- Buckle up for a potential joyride with Popular Vehicles and Services, a diversified auto player involved in dealerships, workshops, and car rentals. With the Indian auto market revving up, this IPO could be your ticket to automotive profits.
16. Unicommerce: (Estimated Valuation: $700 million)
- Looking for a slice of the e-commerce pie? Unicommerce, a leading provider of e-commerce supply chain solutions, might be the answer. Helping businesses manage their online operations, this company could benefit from the ever-growing e-commerce boom.
17. Fincare Small Finance Bank: (Estimated Valuation: $1 billion)
- Tired of Big Bank blues? Fincare Small Finance Bank, focusing on providing financial services to underserved communities, could be a fresh sip for your portfolio. This company’s mission-driven approach and growth potential might offer both social impact and investment rewards.
18. Skanray Technologies: (Estimated Valuation: $600 million)
- See the inner workings of healthcare with Skanray Technologies, a leading manufacturer of medical imaging equipment. From X-rays to CT scanners, this company is poised to benefit from India’s growing healthcare infrastructure needs.
19. Penna Cement: (Estimated Valuation: $1.5 billion)
- Lay a strong foundation for your investments with Penna Cement, a major player in the Indian cement market. With a focus on sustainability and innovation, this company could be a solid building block for your portfolio.
20. Le Travenues Technology (Ixigo): (Valuation: ₹750 crore)
- Pack your bags for an IPO adventure with Le Travenues Technology, the company behind the popular travel booking platform Ixigo. As the travel industry rebounds, this company could offer a ticket to exciting returns.
21. PharmEasy: (Estimated Valuation: $5 billion)
- Feeling under the weather in your investments? PharmEasy, a leading online pharmacy and healthcare platform, might be the medicine you need. With its digital approach and wide range of services, this company could be a healthy addition to your portfolio.
22. PayU: (Estimated Valuation: $10 billion)
- Go cashless and invest savvy with PayU, a giant in the digital payments world. From online transactions to mobile wallets, this company is riding the wave of India’s digital payment revolution, offering potential for impressive returns.
Conclusion:
From tech titans like Ola Electric to household names like FirstCry, we’ve served you a sizzling platter of diverse companies gearing up to go public. From electric dreams to baby booms, from digital payments to healthcare revolutions, the potential for exciting returns is undeniable.
But remember, friends, the stock market is no picnic under the mango tree. Do your research, crunch the numbers, and listen to your financial advisors. Invest with a cool head and a discerning eye, for this IPO marathon requires both speed and strategy.
So, what do you think about these upcoming IPOs? Which ones have sparked your investment curiosity? Share your thoughts, opinions, and predictions in the comments below, and let’s turn this into a lively market bazaar! The more knowledge we share, the smarter our investment choices will be.
Draft Offer Documents filed with SEBI
Also Read: How to Apply for an IPO?
