Table of content

Upcoming IPO 2023

Table of content

Upcoming IPOs in 2023

As the Indian economy continues to grow and evolve, the financial markets are witnessing an influx of new and exciting investment opportunities. One such avenue that has caught the attention of investors is Initial Public Offerings (IPOs). 2023 promises to be a year brimming with potential as several companies gear up for their IPOs.

In this article, we will present an exclusive list of the most promising upcoming IPOs in India for 2023, providing you with valuable insights into each company and its potential. From innovative tech ventures to well-established businesses, this diverse selection of IPOs is expected to attract a range of investors, each with unique financial goals. Whether you are a seasoned investor or just beginning your investment journey, these upcoming IPOs hold the potential to be lucrative additions to your portfolio.

List of Upcoming IPOs in 2023

Name Sector Issue Size in INR (Tentative)
TBO TEK Limited Technology 2,100 Crores
VLCC Health Care Healthcare 300 Crores + OFS
Tata Technologies Technology To Be Decided (TBD)
Ixigo Technology 1,600 Crores
Penna Cement Infrastructure 1,550 Crores
Fincare Small Finance Bank Financial Services 1,330 Crores
Bajaj Energy Energy & Utilities 5,450 Crores

Upcoming IPOs in India

  • TBO TEK Limited

    TBO TEK Limited is a technology-driven company that provides cutting-edge solutions to the travel industry. Their innovative platform caters to travel agents, corporates, and consumers alike. With a focus on enhancing travel experiences and streamlining operations, TBO TEK has garnered a strong reputation in the market. Investors eyeing the travel and technology sectors may find TBO TEK's IPO an appealing option.
    TBO Tek Ltd has submitted an IPO application with SEBI, featuring a fresh issue of ₹900 crore and an offer for sale worth ₹1,200 crore, resulting in a total issue size of ₹2,100 crore.
  • VLCC Health Care

    VLCC Health Care is a well-known player in the wellness and beauty industry. They offer a wide range of services, including weight management, skincare, haircare, and more. With a large customer base and a robust presence across India and other countries, VLCC Healthcare IPO is expected to generate significant interest from investors looking to tap into the booming healthcare sector.
    As per VLCC Health Care Ltd.'s initial prospectus, the public issue is expected to raise ₹300 crore through the issuance of fresh shares, while existing shareholders intend to sell up to 89 lakh shares from their existing holdings.
  • Tata Technologies

    Tata Technologies, a subsidiary of Tata Motors, is a global engineering solutions company. They specialise in product lifecycle management, manufacturing, and design solutions for various industries, including automotive, aerospace, and industrial machinery.
    In March of this year, Tata Technologies submitted its public offer documents to SEBI. The IPO will solely consist of an offer for sale (OFS), where existing shareholders will divest up to 9.57 crore units, equivalent to 23.60% of its paid-up share capital. Tata Motors aims to sell 81,133,706 shares as part of the IPO. As part of the prestigious Tata Group, Tata Technologies' IPO is anticipated to attract considerable attention from investors seeking a share in the engineering and technology space.
  • Ixigo

    Ixigo is a popular travel and hotel booking platform, known for its user-friendly interface and comprehensive search options. With the travel industry witnessing a rebound, Ixigo's IPO is expected to garner interest from investors seeking exposure to the travel and technology sectors. As more people embrace travel post-pandemic, Ixigo's business prospects appear promising.
    The company has submitted its preliminary papers to SEBI, the market regulator, with the aim of securing ₹1,600 crores through a public offer. As outlined in the Draft Red Herring Prospectus (DRHP), the IPO will comprise two components. ₹850 crores will be raised through an Offer for Sale (OFS), allowing existing shareholders to divest a portion of their stakes. Additionally, Ixigo plans to raise ₹750 crores through a fresh issue of equity shares, contributing to the company's growth and expansion endeavours.
  • Penna Cement

    Penna Cement is a leading cement manufacturer with a strong presence in South India. Their commitment to quality and sustainability has enabled them to establish a loyal customer base and gain recognition in the construction materials industry. For investors looking to invest in infrastructure-related companies, Penna Cement's IPO could be a viable option.
    SEBI has granted approval to Penna Cement Industries for its ₹1,550 crore IPO. The IPO includes a fresh issue of ₹1,300 crore and an offer for sale of up to ₹250 crore by the promoter PR Cement Holdings.
  • Fincare Small Finance Bank

    Fincare Small Finance Bank is a rapidly growing financial institution catering to the banking needs of underserved and unbanked segments. For investors looking to participate in the financial services sector's growth and contribute to financial inclusion, Fincare's IPO could be an interesting prospect.
    Fincare Small Finance Bank has recently filed its DRHP with SEBI, estimating the IPO's valuation at ₹1,330 crore. The IPO consists of a fresh issue of ₹330 crore and an offer for the sale of equity shares valued at around ₹1,000 crore. Furthermore, the company is considering a pre-IPO placement of ₹200 crore, which will be subtracted from the overall fresh issue amount.
  • Bajaj Energy

    Bajaj Energy is a leading thermal power generation company in India. Their portfolio includes coal-based power plants, providing a significant share of power to various states. As the demand for energy continues to rise, Bajaj Energy's IPO could attract investors eyeing opportunities in the energy sector.
    The upcoming IPO of Bajaj Energy Limited is expected to have a total issue size of approximately ₹5,450 crores. This includes both an Offer for Sale (OFS) from the company's promoters and a fresh issue of shares. The OFS component of the issue amounts to about ₹300 crores, while the remaining ₹5,150 crores will be generated from the fresh issue of shares.

Conclusion

As the Indian economy surges ahead, the potential for growth and investment opportunities has never been greater. The upcoming IPOs in 2023 present a diverse range of companies across various sectors, each with its unique value proposition. From cutting-edge technology ventures to established players in traditional industries, these IPOs offer something for every investor.

However, it is essential to remember that investing in IPOs involves certain risks, and thorough research is crucial before making any investment decisions. It is advisable to consult with a financial advisor and consider your investment objectives and risk tolerance before participating in an IPO.

Frequently Asked Questions

An IPO, known as an Initial Public Offering, signifies the pivotal moment when a privately-owned company decides to introduce its shares to the public for the very first time. This strategic move enables the company to generate capital by offering a portion of its ownership to external investors who wish to become shareholders.

No, a Demat account is mandatory for applying to IPOs in India. A Demat account is where your purchased shares will be held electronically.

IPOs can offer significant growth opportunities, but they also come with risks. It is essential to carefully assess the company's fundamentals, growth prospects, and the industry it operates in before investing in an IPO.

To apply for upcoming IPOs online, you can use Internet banking services provided by your bank or use the website or app of your stockbroker. You will need to log in and follow the IPO application process.

In the digital age, physical application forms for IPOs are less common. Most IPO applications are made online through your bank's Internet banking platform or your stockbroker's website or mobile trading app.

Subscribing to an IPO involves applying for shares by specifying the quantity and price you are willing to pay. This can be done through your Demat account, using your bank's internet banking service, or through your stockbroker's online platform.

More Related Articles

What is IPO Valuation

20 November,2023

How is an IPO valued?

Also known as a public issue, an Initial Public Offering (IPO) is issued when a company wants to raise funds by selling its shares to the public. The company can use the funds raised via the IPO to meet its business expenses. As an investor, one of the most important aspects of a public issue you need to pay attention to is the IPO valuation. A public issue with an accurate valuation is more likely to enjoy higher demand and perform better than an overvalued issue. This is precisely why companies often dedicate a lot of time and resources to value their IPO correctly. Read on to find out all about IPO valuation and how the share price is determined in an IPO.

How to Analyse IPO

20 November,2023

How to Analyse an IPO?

If you find yourself drawn to the thrill of investing in companies at their early stages, then understanding how to analyse IPOs (Initial Public Offerings) is your key to unlocking their potential. In this comprehensive guide, we'll take you on a journey through the exciting process of IPO analysis, equipping you with the knowledge and tools needed to make well-informed investment decisions. IPOs have the power to reshape a company's future and present remarkable growth prospects. However, the allure of IPOs can be accompanied by uncertainty and risks. That's why it's essential to navigate this landscape with confidence and a strategic approach. By the end of this guide, you'll be equipped to conduct IPO stock analysis like a seasoned investor, allowing you to identify promising opportunities and steer clear of potential pitfalls.

Greenshoe Option

13 November,2023

What is a Green Shoe Option?

Initial Public Offerings (IPOs) offer access to promising companies during their early stages, potentially resulting in significant returns and provide the opportunity for capital appreciation as the company grows and expands. These are just some of the reasons why IPOs have become quite popular with lakhs of investors applying for them regularly, often leading to situations of over-subscription or skewed demand and supply.

Open your Lifetime Free Brokerage Account Onboarding in just 5 minutes**

+91
T&C and privacy policy

Power your investments with our smart trading platforms

mobilefooterimg
  • app_download_icon_img
    5 million+
    App downloads
  • 1_Click_icon_img
    1-Click
    Order Placement
  • higherreturns_icon_img
    1,316 Crore+
    Average Daily Turnover