Latest IPOS Details and Reviews
Here, you can find the details of all the Upcoming IPOs and recently closed IPOs. Look into the company details, IPO objectives, IPO dates, IPO offered price & more before you make your decision of whether to apply in that IPO or NOT.
Latest IPO Reviews
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Upcoming IPO Details
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Latest IPO Reviews
Paras Defence and Space Technologies IPO Review 2021: Paras Defence and Space Technologies will be the fourth major IPO to hit the markets this month. The IPO will be open from September 21st to September 23rd. They aim to raise Rs 1,70.78 crores through the public...
Sansera Engineering IPO Review 2021: Sansera Engineering will be the third major IPO to hit the markets this month. The IPO will be open from September 14th to September 16th. They aim to raise Rs 1,282.98 crores through a public offering. In this article, we look...
Vijaya Diagnostics Centre IPO Review 2021: Vijaya Diagnostics Centre Ltd. will be the second IPO to hit the markets this month. The IPO will be open from September 1st to September 3rd. They aim to raise Rs 1,895.04 crores through a public offering. In this article,...
Ami Organics Ltd. will be the first IPO to hit the markets this month. The IPO will be open from September 1st to September 3rd. They aim to raise Rs. ₹569.64 crores through a public offering. In this article, we look into important information on the Ami Organics...
Aptus Value Housing Finance IPO Review 2021: Aptus Value Housing Finance will be the 8th IPO to hit the markets this month. The IPO will be open from August 10th to August 12th. They aim to raise Rs. ₹2,780.05 crores through a public offering. In this article, we look...
Chemplast Sanmar IPO Review 2021: With 4 IPOs lined up this week, investors are once again in for a ride. Chemplast Sanmar Ltd IPO will hit the Indian markets from August 10th to August 12th. They aim to raise Rs. ₹3,850 crores through a public offering. In this...
Nuvoco Vistas IPO Review 2021: With 4 IPOs lined up this week, investors are once again in for a ride. Nuvoco Vistas Ltd IPO will hit the Indian markets from August 9th to August 11th. They aim to raise Rs. ₹5000 crores through a public offering. In this article, we...
CarTrade Tech IPO Review 2021: Another week full of IPOs. CarTrade Tech Ltd has opted to raise Rs. 2,998.51 cr through IPO. The IPO will open from August 9th to August 11th. In this article, we'll cover the CarTrade tech IPO Review and look into important information...
Exxaro Tiles IPO Review 2021: 4 IPOs started on the same day, including Exxaro Tiles. A bull market is really on the ride in India. Exxaro Tiles IPO will hit the Indian markets from August 4th to August 6th. They aim to raise Rs. ₹161.09 crores through a public...
Upcoming IPOs in 2021
|Company Name||Exchange||Date||Price Range (Per equity share)||Min Qty||Details|
|Paras Defence and Space Technologies||NSE/BSE||Sep 21st - Sep 23rd, 2021||₹165 to ₹175||85 Shares||View More|
|Sansera Engineering||NSE/BSE||Sep 14th - Sep 16th, 2021||₹734 to ₹744||20 Shares||View More|
|NSDL||NSE/BSE||Yet to be Announced||---||---||View More|
|NSE||BSE||Yet to be Announced||---||---||View More|
|LIC Corporation||NSE/BSE||Yet to be Announced||---||---||View More|
|National Commodity & Derivative Exchange (NCDEX)||NSE/BSE||Yet to be Announced||---||---||View More|
|Bajaj Energy||NSE/BSE||Yet to be Announced||---||---||View More|
|ESAF Small Finance Bank Ltd||NSE/BSE||Yet to be Announced||---||---||View More|
|Studds Accessories Ltd||NSE/BSE||Yet to be Announced||---||---||View More|
|Zircon Technologies ( India Ltd)||NSE/BSE||Yet to be Announced||---||---||View More|
|Chartered Speed Ltd||NSE/BSE||Yet to be Announced||---||---||View More|
|Harsha Engineers Ltd||NSE/BSE||Yet to be Announced||---||---||View More|
|Narmada Biochem Ltd.||NSE/BSE||Yet to be Announced||---||---||View More|
|Century Metal Recycling Ltd||NSE/BSE||Yet to be Announced||---||---||View More|
|Penver Products Ltd.||NSE/BSE||Yet to be Announced||---||---||View More|
|Sembcorp Energy India||NSE/BSE||Yet to be Announced||---||---||View More|
|Capricorn Food Products India Ltd.||NSE/BSE||Yet to be Announced||---||---||View More|
Frequently Asked Questions on IPOs
What is IPO – Initial Public Offering?
When a privately held company offers its shares for the first time to the public, then it is called Initial public offering (IPO). It is a way for companies to enter the stock market. Until a company offers IPO, the public is not able to buy the company’s share.
Before the IPO of a company, its shareholders include limited people like founders, co-founders, relatives, friends and initial investors (like an angel investor, venture capitalist etc). However, after the company offers its IPO, anyone (public, institutional investors, mutual funds etc) can buy the shares of the company.
What does ‘Going public’ mean?
Going public means that a ‘privately owned company’ is conducting an initial public offer (IPO) to the public in order to enter the stock market as a ‘public company’. In short, when a company is offering an IPO, it is said that the company is going public.
Why do companies conduct IPOs?
The basic reason why companies issue their shares or go for an IPO is to raise capital or funds.
Stock exchanges facilitate the exchange of shares for capital. The process involves shares being offered, shares being allotted to investors, and finally the shares being listed on an exchange where they can be bought and sold. By doing so companies can get access to a wider pool of investors which includes retail and domestic/foreign institutional investors.
There can be a number of reasons why any company offer an IPO. Here are a few of the top ones:
- For a new project or expansion plan of the company
- To raise capital (financial benefit)
- For carrying out new research and development works
- To fund capital expenditures
- To pay off the existing debts or reduce the debt burden
- For a new acquisition
- To create public awareness of the company
- For the group of initial investors desiring to exit the company by selling their stakes to the public.
In addition, IPOs generate lots of publicity for the company and hence helps in creating market exposure, indirect exposure, and brand equity.
Why are people excited about IPOs?
There are a few common reasons why people are excited about IPOs. They are:
- Under-pricing myth: When a company announces its IPO, it’s presumed that the offered price is less than its true value. People are excited about the fact that they are the first one to buy the stock and will be rewarded handsomely when the company’s true price will be realized by the market. However, it’s very rare that the owners will be willingly underpricing the shares.
- Herd-mentality: As everyone they know will be applying for the IPO, people do not want to be missed out.
- Overhype by media/ underwriters: Media gets a high advertisement fee for the promotion of the IPO. Moreover, IPOs are intentionally overhyped by the investment banker and the underwriters. They make sure that these IPO’s get enough attention as this is their job to promote and sell the shares.
- ‘The Next …’ strategy: People compare the upcoming IPO with the Winners in the same industry and conclude that it will perform the same. ‘The next Eicher motors’, ‘The next symphony’, ‘The next Infosys’ etc. This ‘Next’ philosophy makes a lot of people excited about the upcoming IPO.
Why are the Disadvantages of Conducting IPOs?
Here are the few disadvantages for the companies who offer their IPOs:
- Public disclosure: When a privately held company offers its IPO, it has to disclose a number of documents to the public like its financials, promoters list, debts etc.
- Entering a regulated market: Indian stock market is highly regulated by Securities and exchange board of India (SEBI) and hence the newly public company has to play by the rules of SEBI. There has been a number of cases of companies getting delisted by SEBI as they do not follow the norms of the market.
- Market pressure: The companies performance are closely scrutinized by the public and investors. Hence, the company’s management is consistently is pressure. Sometimes the companies focus more on short-term performance over long-term due to market pressure.
- Loss of control: As the shares are distributed among the investors, the decision making power is now in the hands of the shareholders.
- Failing of IPO: Many companies fail to attract investors during its IPO and the offered shares might remain under-subscribed. In such a scenario, the company is not able to raise enough capital that is expected to achieve the goal of IPO.
Why do most IPOs come in the bull market?
The promoters of the company sell their stakes only when they are confident of getting a good price. This generally happens only in a bull market. During a bull market, the owners of the company can raise enough fund for their cause as the public is optimistic. People are willing to pay good prices to buy shares of the company.
Why do not many IPOs come in bear market?During bear market, people are pessimistic and are not willing to pay a good price for the shares of a newly public company. The owners feel that they won’t be getting the right price for their shares and hence most owners do not introduce their IPO during a bear market
Who gets MOST Benefits from IPOs?
There is a common myth that the company’s shares are undervalued during its IPO and hence the early subscribers of the IPO feel that they have made a very good deal.
However, IPOs are the by-products of a bull market and they are generally over-priced.
The owner and the initial investors of the company (like angel investors, venture capitalist etc) are the ones who get maximum profits during an IPO as they are able to sell the shares at a good price.
Is it worth investing in IPOs?
A lot of investors have made huge wealth by investing in IPOs. Had you invested in ‘INFOSYS’ when it got listed, you might have been sitting at a huge pile of wealth today.
However, the performance of the majority of the IPOs in the Indian stock market is under-satisfactory. The number of IPOs underperforming in long-term are comparatively quite larger than the number of IPOs that performs well in the market.
Further, IPOs are never priced in the benefits of the public. In the case where few IPOs are fairly priced, it gets a lot of demand from the public during its offerings and gets over-subscribed. Moreover, it soon becomes over-priced once it starts trading in the market. A few IPOs might give you a good return in the one or two months of its listing as they are introduced in the bull market, however, in the long run, their performance is quite poor.
If you are willing to invest in the long-term, then be cautious about investing in IPOs. Focus on the quality of the company, not the hype generated by media or underwriters.
Nevertheless, you can always pick these companies from the secondary market once the hype is over and the price is attractive. There are over 5,000 companies listed in Indian stock market. It’s better if you pick a good one among them than picking the upcoming hyped company
Recently Closed IPOs 2021
|Company Name||Exchange||Date||Price Range (Per equity share)||Listing Date||Listing Price||Details|
|Ami Organics Ltd.||NSE/BSE||1st Sep - 3rd Sep 2021||₹603 to ₹610||Sept 14, 2021||Rs 902||View More|
|Vijaya Diagnostic Centre Ltd.||NSE/BSE||1st Sep - 3rd Sep 2021||₹522 to ₹531||Sept 14, 2021||Rs 540||View More|
|Aptus Value Housing Finance India Ltd||NSE/BSE||10th Aug - 12th Aug 2021||₹346 to ₹353||Aug 24, 2021||Rs 333||View More|
|Chemplast Sanmar Ltd||NSE/BSE||10th Aug - 12th Aug 2021||₹530 to ₹541||Aug 24, 2021||Rs 525||View More|
|Nuvoco Vistas Corporation Ltd||NSE/BSE||9th Aug - 11th Aug 2021||₹560 to ₹570||Aug 23, 2021||Rs 417||View More|
|CarTrade Tech Ltd||NSE/BSE||9th Aug - 11th Aug 2021||₹1585 to ₹1618||Aug 20, 2021||Rs 1,599.80||View More|
|Krsnaa Diagnostics Ltd||NSE/BSE||4th Aug - 6th Aug 2021||₹933 to ₹954||Aug 16, 2021||Rs 1,025||View More|
|Devyani International Ltd||NSE/BSE||4th Aug - 6th Aug 2021||₹86 to ₹90||Aug 16, 2021||Rs 141||View More|
|Exxaro Tiles Ltd||NSE/BSE||4th Aug - 6th Aug 2021||₹118 to ₹120||Aug 16, 2021||Rs 126||View More|
|Windlas Biotech Ltd||NSE/BSE||4th Aug - 6th Aug 2021||₹448 to ₹460||Aug 17, 2021||Rs 439||View More|
|Rolex Rings Limited||NSE/BSE||28th Jul - 30th Jul 2021||₹880 to ₹900||Aug 9, 2021||Rs 1,249||View More|
|Glenmark Life Sciences||NSE/BSE||27th Jul - 29th Jul 2021||₹695 to ₹720||Aug 6, 2021||Rs 751.10||View More|
|Tatva Chintan Pharma Chem Ltd||NSE/BSE||16th Jul - 20th Jul 2021||₹1073 to ₹1083||Jul 29, 2021||Rs. 2111.80||View More|
|Zomato Ltd||NSE/BSE||14th Jul - 16th Jul 2021||₹72 to ₹76||Jul 27, 2021||Rs 116||View More|
|Clean Science and Technology Ltd||NSE/BSE||7th Jul - 9th Jul 2021||₹880 to ₹900||Jul 19, 2021||Rs 1,784||View More|
|G R Infraprojects Ltd||NSE/BSE||7th Jul - 9th Jul 2021||₹828 to ₹837||Jul 19, 2021||Rs 1715.85||View More|
|India Pesticides Limited||NSE/BSE||23rd Jun - 25th Jun 2021||₹290 to ₹296||Jul 5, 2021||Rs 360||View More|
|Krishna Institute of Medical Sciences Ltd.||NSE/BSE||16th Jun - 18th Jun 2021||₹815 to ₹825||Jun 28, 2021||Rs 1,008||View More|
|Dodla Dairy Ltd||NSE/BSE||16th Jun - 18th Jun 2021||₹421 to ₹428||Jun 28, 2021||Rs 550||View More|
|Shyam Metalics and Energy Ltd||NSE/BSE||14th Jun - 16th Jun 2021||₹303 to ₹306||Jun 24, 2021||Rs 380||View More|
|Sona BLW Precision Forgings Ltd||NSE/BSE||14th Jun - 16th Jun 2021||₹285 to ₹291||Jun 24, 2021||Rs 302.40||View More|
|POWERGRID InvIT||NSE/BSE||Apr 29 - May 3rd, 2021||₹99 to ₹100||May 17, 2021||Rs 104||See More|
|Macrotech Developers (Lodha)||NSE/BSE||Apr 7 - Apr 9, 2021||₹483 to ₹486||Apr 22, 2021||Rs 439||View Details|
|Barbeque Nation||NSE/BSE||Mar 24 - Mar 26, 2021||₹498 to ₹500||Apr 7, 2021||Rs 489.85||View Details|
|Nazara Technologies Limited||NSE/BSE||Mar 17 - Mar 19, 2021||₹1100 to ₹1101||Mar 30, 2021||Rs 1,971||View Details|
|Suryoday Small Finance Bank Ltd||NSE/BSE||Mar 17 - Mar 19, 2021||₹303 to ₹305||Mar 26, 2021||Rs 292||View Details|
|Kalyan Jewellers India Limited||NSE/BSE||Mar 16 - Mar 18, 2021||₹86 to ₹87||₹86 to ₹87||Rs 73.90||View Details|
|Laxmi Organic Industries Ltd.||NSE/BSE||Mar 15 - Mar 17, 2021||₹129 to ₹130||Mar 25, 2021||Rs 156.20||View Details|
|Craftsman Automation Ltd.||NSE/BSE||Mar 15 - Mar 17, 2021||₹129 to ₹130||Mar 25, 2021||Rs 1,350||View Details|
|Anupam Rasayan India Ltd.||NSE/BSE||Mar 12 - Mar 16, 2021||₹553 to ₹555||Mar 24, 2021||Rs 520||View Details|
|Easy Trip Planners Ltd||NSE/BSE||Mar 8 - Mar 10, 2021||₹186 to ₹187||Mar 19, 2021||Rs 206||View Details|
|MTAR Technologies||NSE/BSE||Mar 3 - Mar 5, 2021||₹574 to ₹575||Mar 16, 2021||Rs 1,063.90||View Details|
|Heranba Industries Limited||NSE/BSE||Feb 23 - Feb 25, 2021||₹626 to ₹627||Mar 5, 2021||Rs 900||View Details|
|RailTel Corporation||NSE/BSE||Feb 16 - Feb 18, 2021||₹93 to ₹94||Feb 26, 2021||Rs 109||View Details|
|Nureca Limited||NSE/BSE||Feb 15 - Feb 17, 2021||₹396 to ₹400||Feb 25, 2021||Rs 634.95||View Details|
|MRP Agro Ltd||NSE/BSE||Feb 8 - Feb 10, 2021||₹40||Feb 18, 2021||---||View Details|
|Brookfield India REIT||NSE/BSE||Feb 3 - Feb 5, 2021||₹274 to ₹275||Feb 16, 2021||Rs 275.05||View Details|
|Stove Kraft Ltd(Pigeon Appliances)||NSE/BSE||Jan 25 - Jan 28, 2021||₹384 to ₹385||Feb 5, 2021||Rs 467||View Details|
|Home First Finance Co (HFFC)||NSE/BSE||Jan 21 - Jan 25, 2021||₹517 to ₹518||Feb 3, 2021||Rs 612||View Details|
|Indigo Paints||NSE/BSE||Jan 20 - Jan 22, 2021||₹1480 - ₹1500||Feb 2, 2021||Rs 2,607.50||View Details|
|Indian Railway Finance Corporation (IRFC)||NSE/BSE||Jan 18 - Jan 20, 2021||₹25 to ₹26||Jan 29, 2021||Rs 24.90||View Details|
IPOs in 2020 & Their Performace!
|Price as of 31 Dec 20||Overall Subscription||% Change Over Issue Price|