After 2021-22, COVID finally has shown a weakening sign, markets are somewhat doing better than previously, and in general, the world seems to be healing and the sense of normalcy is getting restored. When everything is returning to normal slowly then why shouldn’t you too? With business doing well surely all of us must have some extra cash on our hands to spare. This year there have been some top IPOs that made their way to the market and some more than are yet to make their way, and we all know how good IPOs are at helping people make a profit. In this article we will inform you about the upcoming IPO in India. With this list of upcoming IPOs, you can plan your next investment move. We will also take a closer look at Adani upcoming IPO.
What is an IPO?
You must have heard the term going public and that comes into use when a private company is selling its share to the public. This is your IPO, an Initial Public Offering, which occurs when a private company sells its shares to the public in return for the money that it can then use for its business. IPO is not like your normal shares, although IPO becomes normal shares once the allotment and listing happen.
IPOs have an opening and closing date, a period between 3 and 4 days in which the people could apply for obtaining shares. After this, there is an allotment that takes place mostly by lucky draw as the IPOs are usually oversubscribed. Post that refunds are given to those that applied for the shares but didn’t get any. Then the shares show up in the portfolio of people who were allotted the shares and lastly, the shares get listed. Let us now check out the upcoming IPO in India.
List of Upcoming IPO in India
In 2021, 63 IPOs collected more than 1 lakh crore in funding. The year is still going strong and while there is no definite number as of yet, we can assure you that a lot of IPOs have made their presence felt this year and quite a few are yet to grace us with their presence. So, while what’s done is done we must now look toward what’s yet to come and with that, we present to you the list of upcoming IPO in India.
1. Containe Technologies Limited
This company is in the automobile industry, and it looks after automobile safety and GPS solutions. They also manufacture a wide range of products in the technology-intensive electronic and mechanical automotive products space.
- The IPO date is set between 20 and 22 September 2022, this is when people can apply for the shares of this company.
- The Basis of Allotment will take place on 27 September 2022. Initiation of Refunds will take place on 28 September 2022. Shares will be credited to the Demat account on 29 September 2022, and on 30 September 2022, the shares will get listed.
- The face value of a share is 10 rupees and its market value is 15 rupees per share.
- The lot size of the IPO is 8,000 meaning that one lot is the maximum that a person can obtain for 1,20,000 rupees.
- The issue size stands at 17,44,000 and all of it is for fresh issue.
- This company will be listed and tradable on the BSE SME platform.
- NII and Retail Investors both get a 50% quota of shares that they can buy.
2. Kandarp Digi Smart BPO Ltd IPO
As the name suggests, the company is in the BPO sector and aims at providing support services solutions. The company came into existence in 2001 and is engaged in providing multiple support services and also provides End-to-End solutions to its clients and customers.
- The IPO date is set between 16 and 20 September 2022, this is when people can apply for the shares of this company.
- The Basis of Allotment will take place on 23 September 2022. Initiation of Refunds will take place on 26 September 2022. Shares will be credited to the Demat account on 27 September 2022, and on 28 September 2022, the shares will get listed.
- The face value of a share is 10 rupees and its market value is 30 rupees per share.
- The issue size stands at 27,00,000 and all of it is for fresh issue.
- The company will be listed on the NSE SME platform.
- NII and Retail Investors both get a 50% quota of shares that they can buy.
3. Maks Energy Solutions India Ltd IPO
Next in this list of upcoming IPO in India is MAKS Energy. The company is in the business of Generators. They deal, trade, sell, assemble, install, test, and commission generators and diesel generator sets.
- The IPO date is set between 16 and 20 September 2022, this is when people can apply for the shares of this company.
- The Basis of Allotment will take place on 23 September 2022. Initiation of Refunds will take place on 26 September 2022. Shares will be credited to the Demat account on 26 September 2022, and on 28 September 2022, the shares will get listed.
- The face value of a share is 10 rupees and its market value is 20 rupees per share.
- The lot size of the IPO is 6,000.
- The issue size stands at 19,98,000 and all of it is for fresh issue.
- The company will be listed on the NSE SME platform.
- NII and Retail Investors both get a 50% quota of shares that they can buy.
Also Read: GR Infra IPO Listing Date, Status, Price
4. Varanium Cloud Limited IPO
Coming into existence as recently as 2017, this company is in the business of providing services in the field of video, digital audio, and financial blockchain-based streaming services. They believe that they are creating a Phygital ecosystem for the next generation.
- The IPO date is set between 16 and 20 September 2022, this is when people can apply for the shares of this company.
- The Basis of Allotment will take place on 23 September 2022. Initiation of Refunds will take place on 26 September 2022. Shares will be credited to the Demat account on 27 September 2022, and on 28 September 2022, the shares will get listed.
- The face value of a share is 10 rupees and its market value is 122 rupees per share.
- The lot size of the IPO is 1,000, meaning that one lot is the maximum that a person can obtain for 1,22,000 rupees.
- The issue size stands at 30,00,000 and all of it is for fresh issue.
- The company will be listed on the NSE SME platform.
- NII and Retail Investors both get a 50% quota of shares that they can buy.
5. CMR Green Technologies
CMR group takes pride in calling itself the largest producer of Aluminum and Zinc die-calling alloys. The company is also in the business of recycling metals and hence the green in its name. Toyota, Hyundai, and other top automobile companies are its clients.
- Currently, there is no opening and closing date available for this IPO, but it is expected to debut sometime in September or October.
- The Basis of Allotment, Initiation of Refunds, Share credit to the Demat, and the share listing, all of which also have no date so far.
- The face value of a share is 2 rupees and its market value is yet to be disclosed.
- The lot size of the IPO is unknown as of yet; however, one person can get a maximum of 13 lots only.
- The issue size stands at 3,03,34,14,138 and of it, 300 crore is for fresh issue while the rest is offered for sale.
- The company will be listed on the BSE and NSE platforms.
- NII and Retail Investors get 15% and 10% quota of shares respectively while the remaining 75% is for QIB.
6. Harsha Engineers International Ltd IPO
When it comes to revenue, this company is second to none in terms of manufacturing precision bearing cages. The company’s business is spread across 25 countries and 5 continents.
- The IPO date is set between 14 and 16 September 2022, this is when people can apply for the shares of this company.
- The Basis of Allotment will take place on 21 September 2022. Initiation of Refunds will take place on 22 September 2022. Shares will be credited to the Demat account on 23 September 2022, and on 26 September 2022, the shares will get listed.
- The face value of a share is 10 rupees and its market value is set between 314 and 330 rupees per share.
- The lot size of the IPO is 45, meaning that thirteen lots are the maximum that a person can obtain for 1,93,050 rupees.
- The issue size stands at 755 crores and of it, 455 crores are for fresh issue and the remaining 300 crores are offered for sale.
- The company will be listed on the BSE and NSE platforms.
- NII and Retail Investors get a 15% and 30% quota of shares respectively that they can buy. QIB gets the remaining 50% quota of shares.
7. Annapurna Swadisht Limited IPO
The name gives it away for this company that originated in 2015. This company is into manufacturing of foods and snacks like cakes, candies, etc. It is the largest such company in East India and sells more than 12 lakh packets of its products on a daily basis.
- The IPO date is set between 15 and 19 September 2022, this is when people can apply for the shares of this company.
- The Basis of Allotment will take place on 27 September 2022. Initiation of Refunds will take place on 28 September 2022. Shares will be credited to the Demat account on 29 September 2022, and on 30 September 2022, the shares will get listed.
- The face value of a share is 10 rupees and its market value is set between 68 and 70 rupees per share.
- The lot size of the IPO is 2,000, meaning that one lot is the maximum that a person can obtain for 1,40,000 rupees.
- The issue size stands at 43,22,000 and all of it is for fresh issue.
- The company will be listed on the NSE SME platform.
- NII and Retail Investors get a 15% and 35% quota of shares respectively that they can buy. QIB gets the remaining 50%.
Upcoming IPO
If you read about the upcoming IPO at the end of last year then you would have read about the companies that debuted at the start of this year and one of those companies was Adani Wilmar. Though Adani upcoming IPO came and went, it’s still worth mentioning the details of the IPO of this top company and that is exactly what’s next.
Also Read: Rainbow IPO Subscription Status
Adani Upcoming IPO
The joint venture between Adani and Wilmar Group took place in 1999 and out of this we got the Adani Wilmar FMCG company. Be it kitchen essentials or industry essentials, the company is involved in both businesses. Let us get some more details about Adani upcoming IPO.
- The IPO date was set between 27 and 31 January 2022, this is when people could apply for the shares of this company.
- The Basis of Allotment will take place on 27 September 2022. Initiation of Refunds will take place on 28 September 2022. Shares will be credited to the Demat account on 29 September 2022, and on 30 September 2022, the shares will get listed.
- The face value of a share was 1 rupee and its market value was set between 218 and 230 rupees per share.
- The lot size of the IPO was 65, meaning that thirteen lots were the maximum that a person could obtain for 1,94,350 rupees.
- The issue size stood at 3,600 crores.
- The company got listed on NSE and BSE platforms.
- NII and Retail Investors got a 15% and 35% quota of shares respectively that they could buy. QIB got the remaining 50%.
IPOs are like cheat codes that are there in computers or console games. No matter how your portfolio looks, you are always one IPO away from improving your portfolio or making it even better.
We hope you enjoyed this list of upcoming IPO in India, upcoming IPO and some added information about Adani upcoming IPO. Pick the IPO that suits you and invest carefully.
