If you are searching for a list of upcoming IPO GMP in India in 2024, here is the most current IPO list that may reach the IPO market very soon. The upcoming IPO GMP list comprises companies that have filed DRHP and RHP and are likely to enter the primary market in the next months of 2024. Do not miss the opportunity to subscribe to the coming IPO this week.
Upcoming IPO in May 2024
This is a list for upcoming IPO GMP in May 2024. This week’s IPOs include Aadhar Housing Finance, TBO TEK, and Go Digit Insurance. The list comprises the names of upcoming IPOs in India in 2024 that have already filed DRHPs with SEBI, with a few receiving SEBI approval to issue an IPO.
| Current / Upcoming IPOs | Date | Size | Price |
| Go Digit Insurance | 15-17 May | ₹2614.65 Cr. | ₹258 to ₹272 |
| Aadhar Housing Finance | 8-10 May | ₹3000 Cr. | ₹300 to ₹315 |
| TBO TEK | 8-10 May | ₹1551 Cr. | ₹875 to ₹920 |
| Indegene | 6-8 May | ₹1842 Cr. | ₹430 to ₹452 |
| Polymatech Electronics | Coming Soon | ₹- Cr. | ₹- to ₹- |
| Allied Blenders and Distillers | Coming Soon | ₹2000 Cr. | ₹- to ₹- |
| Sanathan Textiles | Coming Soon | ₹800 Cr. | ₹- to ₹- |
| Premier Energies | Coming Soon | ₹1500 Cr. | ₹- to ₹- |
Important points about IPO GMP and grey market:
- IPO grey market moves vary quickly, and rates might be unreliable. It is dangerous to base investing decisions just on gray market IPO rates. Please see our research and analysis section for additional information.
- Research has shown that retail investors are heavily impacted by market sentiment and, as a result, are prone to overreaction, particularly when it comes to IPO investment. Place your bets carefully!
- IPO GMP rates are supplied based on market intelligence. Please keep in mind that the future IPO GMP rates may fluctuate based on your location, market, and date.
- We do not trade on the grey market, nor do we enable the purchase or sale of IPO forms.
List of Recent and Upcoming IPOs in India
An IPO, also known as an initial public offering, is a process by which a private limited business sells shares to the general public. The IPO allows corporations to raise funds from the public for debt repayment, working capital requirements, deals, and other corporate goals.
IPO investors should apply for the latest IPO online through a bank or stockbroker. IPO investors can apply for the next IPO via UPI-based online IPO applications or through ASBA.
Allied Blenders and Distillers
The largest Indian-owned Indian-made foreign liquor (“IMFL”) company Allied Blenders and Distillers aims to raise ₹2000 crores via IPO that comprises fresh issue of ₹1000 crores and offer for sale up to ₹1000 crores of ₹2 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.
Balaji Speciality Chemicals
Balaji Speciality Chemicals, an Indian maker of focused chemicals, plans to raise ₹425 crores through an IPO. The IPO will include a fresh issue of ₹250 crores and the sale of up to 2,60,00,000 equity shares at ₹2 apiece.
EbixCash
EbixCash, a technology-enabled provider of digital products and services in the B2C, B2B, and financial technology arena, plans to raise ₹6000 crores through an IPO. The IPO will consist of a fresh issue of ₹6000 crores at ₹1 each.
ESDS Software
ESDS Software Solution plans to raise ₹- crores through an IPO, which will include a fresh issue of ₹322 crores and the sale of up to 21,525,000 equity shares at ₹1 apiece.
CMR Green Technologies
CMR Green Technologies, a leading producer of aluminum and zinc die-casting alloys, plans to raise ₹- crores through an IPO. The offering would include a fresh issue of ₹300 crores and the sale of up to 33,414,138 equity shares at ₹2 apiece.
Hexagon Nutrition
Hexagon Nutrition is situated in Mumbai. Hexagon Nutrition Limited plans to raise ₹600 crores through an IPO that includes a fresh issue of ₹100 crores and an offer to sell up to 30,113,918 equity shares at ₹1 each.
GoAir
GoAir, also known as Go First, plans to raise ₹3600 crores through an IPO. This will include a fresh issue of ₹3600 crores and an offer to sell up to – equity shares of ₹10 each.
MobiKwik
One of the leading mobile wallets company MobiKwik aims to raise ₹1900 crores via an initial public offer that comprises a fresh issue of 1500 crores and offers for sale up to 400 crores at a face value of ₹2 per equity share.
Upcoming IPO GMP Frequently Asked Questions
What is an IPO? or What Does IPO Mean?
The IPO is an initial public offering in which corporations prepare to sell their private shares to the public. Companies should file a DRHP with SEBI for an Initial Public Offering (IPO) to change their company name from Private Limited to Limited. The company should file a DRHP (draft red herring prospectus) and a final RHP (red herring prospectus) for its IPO. SEBI accepts the firms’ Initial Public Offer, and they proceed with the IPO. Following the filing of the RHP, the firm determines the price band and the date on which investors can invest in the IPO via UPI or ASBA.
Which IPOs are open today or this week? or Which IPO is coming up soon?
This week’s upcoming IPO is Bharti Hexacom, scheduled for April 2024.
Which of the greatest upcoming IPOs in India in 2024?
Ebixcash, Indiafirst Life, SPC Life Sciences, Tata Play, Lohia Corp, Nova Agritech, and other companies will go public in India in 2024. Following approval by the market regulator SEBI, the list of upcoming IPOs may include a few additional names.
Can I apply for an IPO without a Demat account?
No, according to SEBI rules, an individual must have a Demat Account before applying for an IPO.
How can you apply for upcoming IPOs online?
IPO investors can apply for the next IPO via UPI-based online IPO applications or through ASBA.
Where can I obtain an application form for an upcoming IPO?
Download blank ASBA IPO application forms from the NSE or BSE websites. Brokers can also provide you with IPO forms.
Are initial public offerings (IPOs) a smart investment?
Yes, an IPO is a solid short- and long-term investment. Investors should look for IPOs from companies with a strong financial position and substantial demand.
Disclaimer
Stock market investments are subject to market hazards; please read all scheme-related papers carefully before investing. All information supplied on our IPO Portal is for educational purposes solely. We do not claim any of the facts or figures provided here.