What are the upcoming IPOs in 2023?

Upcoming IPOs, company insights for investment, SEBI approved Upcoming IPOs 2023, SEBI approved IPOs, IPOs to invest in,

Upcoming IPOs recommendations

India as an economy is bullish for next 10 to 15 years with its demographic dividends – young population, supportive Government policies and lot of potentials across industries for startups and existing companies. Companies are coming up with Initial Public Offerings (IPOs) through fresh issue or Offer for Sale to raise funds to meet their expansion plan or to reduce debt. That benefits the overall economy, Individual companies as well as public participants in upcoming IPOs.

More from our site on company insights for investment – Read 10 Best IPOs in 2022 and IPOs to invest in

Which IPOs to Invest in?

However, all the companies that are raising funds through IPOs are not strong fundamentally and financially. Some companies may not be strong enough due to lack of strong leadership. It is our endeavor to provide you with proper guidance to learn about the upcoming IPOs details along with the analysis about the company fundamentals, financials and leadership team before investing. We provide detailed insights about these upcoming IPOs in separate posts on IPOs to invest in.

Also read SEBI approved upcoming IPOs recommendations or IPO new launch here. In the “Upcoming IPOs Review” section, we analyze – financial, fundamentals, product portfolio, and leadership team for each company coming up with IPO to share all insights on which IPOs to invest in.

SEBI approved Upcoming IPOs 2023

Upcoming IPOs List 2023 will be updated more often

SEBI approved
Upcoming IPOs 2023
SEBI approved IPOs?Issue Size
(OFS)
Issue Size
(Fresh Issue)
Face
Value
IPO Price
INR per share
Subscription
Date
Tata PlayConfidential IPO3000 CroreNot AnnouncedComing2023
Tata Technologies2023
BIBA Fashion LtdSEBI approved90 Crore2.77 crore10Coming2023
Honasa Consumer Limited
(Mamaearth)
400 Crore1500 Crore10Coming2023
Indegene3200 croreComing2023
Survival Technologies1000 croreComing2023
Cyient DLM740 croreComing2023
Sahajanand Medical Technologies1,500 croreComing2023
Inspira Enterprise India800 croreComing2023
ESAF Small Finance Bank997.8 croreComing2023
Popular Vehicles and Services150 croreComing2023
One MobiKwik Systems1,900 croreComing2023
Fincare Small Finance Bank1,330 croreComing2023
Skanray Technologies400 croreComing2023
Penna Cement1,550 croreComing2023
Le Travenues Technology (Ixigo)1,600 croreComing2023
Oravel Stays (OYO)8,400 croreComing2023
Plaza Wires LtdSEBI approved1,64,52,000
equity shares
Coming2023
Hemani Industries LtdSEBI approved1500 Crore500 Crore5Coming2023
Utkarsh Small Finance BankSEBI approved500 Crore10Coming2023
SSKL IPOSEBI approved18,048,440
Equity Shares
600 crore2Coming2023
IndiaFirst Life Insurance (IFLI)Filed DRHP1,41,299,422
equity shares
500 CroreComing2023
Hexagon NutritionFiled DRHP30,113,918
equity shares
100 Crore1Coming2023
Deltatech Gaming limitedSEBI approved250 crores300 Crore1Coming2023
Aprameya Engineering LimitedFiled DRHP50,00,000
equity share
10Coming2023
Navi Technologies LimitedFiled DRHP3350 Crore10Coming2023
Mankind Pharma IPOFiled DRHP40,058,844
equity shares
1Coming2023
Lohia Corp Ltd IPOFiled DRHP31,695,000
equity shares
1Coming2023
SEBI approved Upcoming IPOs 2023

SEBI approved IPOs in December 2022

SEBI IPO List Dec-2022 Coming New IPO
This week
Issue Size
(OFS)
Issue Size
(Fresh Issue)
Face
Value
IPO Price
₹ per share
Subscription
Date
KFin Technologies IPOSEBI approved40,983,607
Equity Shares
Nil10347 to 36619 – 21 Dec
Sula Vineyards IPOSEBI approved25,546,186
Equity Shares
Nil2340 – 35712 – 14 Dec
Abans HoldingsSEBI approved90,00,000
Equity Shares
38,00,000
Equity Shares
2256 – 27012 – 15 Dec
Landmark CarsSEBI approvedINR 612 CroreINR 150 Crore5481 – 50613 – 15 Dec
Signature Global IPOSEBI approvedINR 250 CroreINR 750 Crore1Dec-2022
Uniparts India LimitedSEBI approved15,731,942
Equity Shares
10548 to 57730-Nov
to
02- Dec
SEBI approved IPOs

IPO Process for Company in India

When a company is owned by a private individual or a group of individual founders or investors, it is called a private company. All the decisions about the company are taken by individual promoters or investors.

A public company simply means a company owned by the public. It is a company that sold its registered shares to the general public while listed on any stock exchange of any country. The first step for any private company to convert itself to a public company is through Initial public offerings (IPOs).

Initially, a company runs as a private company funded by an individual or group of promoters, venture capital firms, banks, or any other investors. However, listing in an exchange through IPO helps the company to build its brand, and get easy funds without paying interest. Sometimes, promoters come up with offers for sales (OFS) just to reduce their stakes or investors’ stakes in the company and enhance the company’s brand by listing it on the stock exchanges. This process is known as the Initial public offering process. Each country follows certain rules or procedures to accomplish IPOs. India has its market regulator known as SEBI while the USA market is regularly known as SEC.

Before companies get listed on the stock exchanges and traded publicly, they have to come up with an Initial Public Offering (IPO). The process of getting a company IPO approved by the market regulator is easy but strict. Let us discuss a few steps below about the process of IPO.

Step 1: The company appoints investment bankers/underwriters

Investment bankers or underwriters are financial experts who help the company to carry out the IPO process. They act as intermediaries between the company and the investors. They will study the financial parameters of the company and suggest the number of funds to be raised through IPOs, the price band per equity, and other IPO details of the security being issued.

Step 2: SEBI approved IPOs: The company registration with market regulator

The investment bank and the company prepare a registration statement and a draft prospectus known as DRHP or draft red herring prospectus and submit it with SEBI. This document consists of all the IPO details about the company such as its business, financial details, promoters, management, competitors, customers, and geographical presence of the business.

The documents also talk about the purpose of the IPO – if it is a fresh issue or offer for sale or a combination of both. This is an important document for retail investors to understand about the company before investing.

Once the company has to submit Red Herring Prospectus (RHP) with the Registrar of Companies at least 3 days before the offer is opened to the public for bidding. Once the IPO bidding is closed, the company has to submit the final prospectus to both ROC and SEBI.

Step 3: SEBI Verify the documents

Market regulator SEBI verifies documents submitted for any error or discrepancy in the document. Once the company gets SEBI approval for IPO documents, the company can fix and announce a date and price for its IPO bidding. The IPO bidding opens for the public for 3 to 5 working days.

Step 4: Application to exchanges

The company also applies to the stock exchanges where it is planning to be listed.

Step 5: IPO allotments

The IPO shares are allotted to bidders within 10 days of the last date of bidding.

More From Across our Website

We endeavor to help you to understand different aspects of a company before you invest in the company’s IPO. Learn all company insights for investment in new companies in the Indian share market 2023. To know more information about company insights for investment, business overview of companies for investment, here are some suggested readings on company insights for investment – 10 Best IPOs in 2022Concord Bio IPOTata Play IPOUpcoming IPOsUpcoming SME IPOs.

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