Last Updated on May 3, 2023 by Anjali Chourasiya

In 2021, over 63 companies in India went public, collectively raising over Rs. 1.2 lakh cr., which was recorded as the highest amount ever raised in a single calendar year. And in 2022, over 31 companies got listed, raising ~Rs. 57,000 cr. Now it’s time for 2023, and there is an anticipation of several popular companies going public this year. In this article, let’s look at the upcoming IPOs in India in 2023 and how to invest in them. 

Upcoming IPOs in India (2023)  

Here’s a list of upcoming IPOs in 2023. Note that the data provided here is tentative, and the companies didn’t announce the IPO release date yet. 

Company nameIPO size (Rs. in cr.)
Allied Blenders and Distillers2,000
Annai Infra Developers200 – 250
Apeejay Surrendra Park Hotel1000
Arohan Financial1800
Bajaj Energy5450
Chemspec Chemicals700
Cyient DLM740
Droom2,000 + OFS (Offer for Sale)
ESAF Small Finance Bank998
Fincare Small Finance Bank1330
Gemini Edibles and Fats India2500
Go Airlines3600
Go Digit General Insurance1,250
Gujarat Polysol Chemicals414
Hexagon Nutrition600
Hinduja Leyland Finance500
Honasa Consumer Limited (Mamaearth)1,350
Indegene Limited3,200
Inspira Enterprise India Ltd.800
Ixigo1600
Keventer Agro800
Mankind Pharma5,500
Medi Assist Insurance TPA Pvt. Ltd.800
MobiKwik1900
Muthoot Microfin700
Narmada Bio-chem90
OYO Rooms7,000 + OFS
Penna Cement1550
PharmEasy6250
Popular Vehicles and Services150 + OFS
Rashi Peripherals750
SAMHI Hotels1,800 – 2,000
Seven Islands Shipping600
Shri Bajrang Power and Ispat Ltd700
Snapdeal1,250 + OFS
Sterlite Power1250
Studds Accessories450
Survival Technologies1,000
Tata Play2,500
Tata Technologies4,000
TBO TEK Limited2,100
Utkarsh Small Finance Bank1,350
VLCC Healthcare300 + OFS
Zaggle Prepaid750
Aadhar Housing FinanceTo be updated
Aakash EducationsTo be updated
Asianet Satellite Communication LtdTo be updated
Bharat FIH LtdTo be updated
boAtTo be updated
BVG India LtdTo be updated
BYJU’sTo be updated
Capillary TechnologiesTo be updated
Capillary Technologies India LtdTo be updated
Capital Small Finance Bank LtdTo be updated
Century Metal RecyclingTo be updated
Cogent eService LtdTo be updated
Ebix CashTo be updated
Ecom ExpressTo be updated
ESDS Software Solutions LimitedTo be updated
FabindiaTo be updated
Fedbank Financial Services LtdTo be updated
Godavari Biorefineries LtdTo be updated
HDB FinancialTo be updated
Healthium MedtechTo be updated
Imagine Marketing Ltd IPOTo be updated
Infineon BiopharmaTo be updated
Joyalukkas IndiaTo be updated
Kids Clinic India LtdTo be updated
Lava International LtdTo be updated
Macleods Pharmaceuticals LtdTo be updated
Maini Precision Products LtdTo be updated
Mukka Proteins LtdTo be updated
NaviTo be updated
Northern Arc Capital LtdTo be updated
OlaTo be updated
Plaza Wires LtdTo be updated
Popular Vehicles Services LtdTo be updated
Protean eGov TechnologiesTo be updated
Puranik Builder LtdTo be updated
Sahajanand Medical Technologies LtdTo be updated
Senco GoldTo be updated
SwiggyTo be updated
TVS Supply Chain Solutions LtdTo be updated
Uma Converter LimitedTo be updated
Veeda Clinical Research LtdTo be updated
Vikram Solar LtdTo be updated
Waaree EnergiesTo be updated
Yatharth HospitalsTo be updated

How to invest in an IPO?

Like other investment options like stocks, you need to hold a Demat account to buy an IPO. Once the Demat account is ready, check the pricing bands of the IPO and visit your investor platform. On the days of the IPO release, place a bid according to the price band. Click here for a detailed process on how to invest in an IPO.   


What to check before investing in an IPO?

With several companies going public, it can be enticing to invest in them just by considering their popularity in the market. But, as an investor, popularity is not the only thing you need to analyse. Important factors to keep in mind before investing in an IPO are: 

  • Check the company’s financials. The financials need to be strong with good growth potential. 
  • Check the management of the company and its previous works (if any). 
  • Make sure you have sufficient funds in your Demat account.  

Conclusion 

Many companies in India are looking to go public this year. Read about the companies, keep an eye on their business and fundamentals and invest accordingly. Once the company is listed, you can track its performance easily on Tickertape. Tickertape Stock Screener helps you filter all the listed companies on NSE using over 200 parameters like market cap, profits, returns and more. Analyse thoroughly and invest wisely! 


FAQs

What is the maximum investment for an IPO? 

As per SEBI guidelines, the maximum investment for an IPO for retail investors is Rs. 2 lakh and if the payment is via UPI, the maximum investment is Rs. 5 lakh.

Can I withdraw an IPO application? 

Yes. You can withdraw or modify your IPO application during the bidding period. 
To withdraw the application, go to the order book and cancel the IPO. The bank will process the request and release the funds back. 
In the case of modifying the IPO, you need to fill out the revision form and submit it to the syndicate member.

What is the bidding period in an IPO?

The bidding period is the time you can bid for an IPO. You can place IPO orders anytime between 10:00 AM on the issue opening day and 4:30 PM on the issue closing day.

Nikitha Devi
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

The blog posts/articles on our platform are purely the author’s personal opinion and do not necessarily represent the views of Anchorage Technologies Private Limited (ATPL) or any of its associates. The content in these posts/articles is for informational and educational purposes only and should not be construed as professional financial advice. Should you need such advice, please consult a professional financial or tax advisor. The content on our platform may include opinions, analysis, or commentary, which are subject to change, without notice, based on market conditions or other factors. Further, the use of any third-party websites or services linked on the website is at the user's discretion and risk. ATPL is not responsible for the content, accuracy, or security of external sites. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI, membership of BASL (in case of IAs) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. The examples and/or securities quoted (if any) are for illustration only and are not recommendatory. Any reliance you place on such information is strictly at your own risk. In no event will ATPL be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

By accessing this platform and its blog section, you acknowledge and agree to the Terms and Conditions of this website, Privacy Policy and Disclaimer.