Upcoming IPO This Week- IPO is an abbreviation for Initial Public Offering. In simple words, it refers to a company’s shares going public. This helps the company to raise capital by the investment of the public. Alternatively, even the company’s shareholders can make their shares go public. These shares are listed in a similar manner as the stocks in the market. Often this process is also known as floating since the shares are traded in an open market. Have you been investing in IPO’s? Or are you a complete novice in this department? Nonetheless, we have listed the upcoming IPOs’ of this season that’ll help you to invest smarter. So, let’s begin without further ado.
Upcoming IPO This Week-Paytm
It is one of the largest financial service providers and digital payment methods in our country. The price band of the company was announced on 27th October. The company announced the launch of its IPO from November 8-10. The individual share is available for approx Rs. 2200 and the minimum quantity is 6. You can apply for a maximum of 15 lots and 90 shares. You have to keep certain important dates in mind. On November 15th, the lots will be finalized and the next day (16th November), the refund process will begin. The listing will be made available to you from November 18th and finally, it ends on the 25th of November. You can access it directly through the UPI of the app. You can download the Paytm Money app and link the KYC account to get started. The detailed link is here Paytm IPO: About, How To Apply And Risks Involved
Upcoming IPO This Week- LIC
Indians are familiar with this name and who can forget the iconic tagline, “Zindagi ke saath bhi aur uske baad bhi.” This is government-owned insurance and investment organization. For the first time, the government of India has decided to launch an IPO of this organization. The opening and closing dates of the issue will be released anytime soon. As it was stated earlier that it would be released in the final quarter of the year, so we can expect it soon. The issue size is stated to be a huge Rs.70,000cr tentatively. It has been a trusted government PSU so it’ll be safe for your investment.
Upcoming IPO This Week-Paytm- Bajaj Energy
Bajaj Energy is one of the largest private-owned thermal power companies in our country. It was founded in the year 2008. It has a total of five operational plants installed all over India. It is managed jointly by Bajaj Energy Limited and Lalitpur Power Generation Company Limited. Last month, it received a heads up from SEBI to raise Rs5450 cr through IPO. The issue date of the IPO is yet to be announced. However, there’s speculation that it will be sooner. Once it is announced, you can access it directly through any formal UPI of your mobile. The procedure will be the same as we have mentioned above. Therefore, it will be convenient and user-friendly.
Go Air
GoAir is a low-cost airline service that was founded in Bombay in 2005. The headquarters of the company is also based in Bombay. The owner of the company is the well-known Wadia Group. It is operating over 36 destinations in total which includes domestic as well as international services. The company changed the brand name to GOFIRST in 2020. It received a heads up from SEBI to raise Rs. 3600 cr through IPO 2 months ago. As the approval is done, we can expect the issue date of the IPO anytime soon. Further, you can invest in the comfortable space of your home. If you are in doubt to invest due to the debt problem of last year then we recommend knowing the current market details better. This will help you to take a calculated risk before investing.
Paytm IPO Date, Review, Price, Form, and Market Lot Details
Shriram Properties
The Shriram Group is a trusted organization that was founded back in the ’70s. The owners of the organization were Ramamurthy Thygaranjan, AVS Raja, and T. Jayaraman. It mainly operates in the real estate and finance arenas. It has made a global name with a good number of international investors. The headquarters of the organization is based in Chennai. Shriram Properties is involved in developing the housing and real-estate field of the country with an aim to make it more affordable. They had announced the issue size of their IPO to be Rs. 800 cr. The final date of the issue of the IPO is expected to be announced sooner. The lot size, minimum shares, and allotment dates will be announced sooner as well.
Upcoming IPO This Week-Paytm- Mobikwik
Mobikwik is also one of the leading digital payment services in our country. It was founded in 2009 jointly by Bipin Preet Singh and Upasana Taku. The Parent head of the company is One Mobikwik Systems Limited. It has become a household name through the easily accessible digital wallet payment method. This ensures smooth recharge of all kinds of services eg-DTH, mobile, water, electricity, shopping, grocery, etc. Especially proving to be a boon during the pandemic. In addition, it also allows customers credit with affordable interests. The company had announced the issue of IPO recently. The opening and closing dates of the IPO are expected anytime soon. Further, the lot size and minimum shares will be announced as well. The bidding and allotment can be checked easily through any UPI on your mobile.
Studds Accessories
You must be already familiar with the helmet company. It started in the ’70s and the founder of the company was Madhu Bhushan Khurana. It became officially known as Studds Accessories Limited in the ’80s. The brand has grown since then with exporting to almost 50 countries globally. In addition, the brand has also received a certificate from European Safety Agency for its trusted technology. In the year 2020, the company became the largest helmet brand in India and it had acquired 25 percent shares in the helmet market. The company had announced to launch IPO only recently. The issue date of the IPO will be announced anytime soon. The lot size and minimum quantity will be announced additionally later. You can access the IPO through the UPI or the Demat account on your mobile phone.
Arohan Financial
Arohan Financial Services is the leading financial service provider in the low-income states of our country. The company was founded in the year 1991. It is a Microfinance Institution that aims for financial inclusion and easy access to financial services for the low-income households of our country. In addition, it also provides life and health insurance to its customers. The organization also lends financial services to our MSMEs. In the year 2020, it was declared to be the fifth largest MFI in our country. The company is looking forward to raising Rs.1800 cr through IPO. The issue date of the IPO will be announced anytime soon. Along with, the lot size and minimum quantity are also expected anytime soon. The details will be updated here.
ESAF Small Finance Bank
ESAF Small Finance Bank provides banking and loan services to the underprivileged. It aims at financial inclusion, development, and upliftment of the households in our country. It started as a Microfinance Institution in the year 1992 and it operated as a small finance banking service in 2017. As of 2020, it was operating through 500 branches spread all over the country. The headquarters of the banking service is located at Thrissur. The bank has received its license from the Reserve Bank of India. Recently, it had announced raising Rs.998 cr through IPO. The shares available will be fresh as well as offer to the promoters. The issue date of the IPO will be announced anytime soon. The lot size and minimum quantity will be available anytime soon as well. The listing of the IPO will be available on the BSE and NSE.
Oyo
Oyo Hotels and Homes services were founded in the year 2013. The founder of the company is Ritesh Agarwal. We are sure you must be aware of the struggle period of the founder. The company was one of a kind and it became an instant hit with the consumers of our country. The company is strongly driven on technology and innovation platforms. This company has affordable hotel and hospitality services. Therefore, the brand has gained customer trust through its services. It operates in 80 countries globally Asian as well European. The headquarters of the company is based in Gurgaon. In 2019, the company had raised a massive revenue of Rs.6657 cr. The Oyo will launch a fresh issue IPO of Rs.7000 crores. The issue date of the IPO is expected anytime soon. The lot size and minimum quantity will be announced soon as well. The listing will be available on BSE and NSE official sites.
These are the lists of the Upcoming IPO. You can regularly visit our site to stay updated with more details about the stock market. We recommend you be fully aware of the market and investment risks before jumping into investment.
