The IPO is an Initial Public Offer in which companies offer their privately held shares to the public for the first time, i.e, they sell their shares to the public. Companies that wish to change their company status from Private Limited to Limited must draft a DRHP with SEBI. Here is the list of upcoming IPOs in the year 2023:
S.No |
Company |
Issue Size (in Rs. Crores) |
Sector |
1. |
Infinion Biopharma |
Yet to be updated |
Health Care |
2. |
Go Airlines India Ltd. |
3,600 |
Aviation |
3. |
Snapdeal Ltd. |
1,250 + OFS |
E-commerce |
4. |
Skanray Technologies Ltd. |
400 |
Healthcare technology |
5. |
One Mobikwik Systems Ltd |
1,900 |
Technology |
6. |
Ixigo |
1,600 |
Travel & Hospitality |
7. |
Sterlite Power Transmissions Ltd. |
1,250 |
Industrials |
8. |
Gemini Edibles and Fats |
2,500 |
Consumer Staples |
9. |
Bajaj Energy |
5,450 |
Electric utilities |
10. |
Arohan Financial Services Pvt Ltd. |
1,800 |
Financials |
11. |
Capillary Technologies India Ltd. |
850 |
Technology |
12. |
Uma Converter Limited |
Yet to be updated |
Packaging |
13. |
Emcure pharmaceuticals |
Around 4,500-5,000 |
Health Care |
Here are some factors you should consider before investing in an IPO:
- Company’s background: Before investing in any IPO, look for the company’s past background, and understand its business model and how it is operated. Also, look for their financials. It would be a good investment if revenues and profits are increasing consistently.
- Valuation: Another factor is to check the company’s valuation. The best way to assess a company's valuation is to compare its price to that of its listed peers. Look for various ratios like price-to-earnings ratio, return on equity, etc.
- Future prospects: Now try to understand the reason behind the IPO. And also understand the industry and business in detail to make sure it will sustain itself in the future. Also, the reason behind bringing the IPO can be many, so try to understand whether the money will be used for expansion, paying off loans or anything else.
Conclusion
IPOs have rarely seen such strong investor demand as they have in recent years. According to data, the total collection for IPOs has well surpassed the INR 100 lakh crore mark this year. With less than a month until the end of the year, investors may see similar investor participation in upcoming IPOs.