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 investing in IPOs – Read 10 Best IPOs in 2022 and IPO to invest in
Which IPO 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.
What are the upcoming IPOs This week?
|IPO 2022 list||Coming New IPO|
|Issue Size |
|Issue Size |
INR per share
|Archean Chemical IPO||SEBI approved||INR 657 crore||INR 805 crore||2||386 to 407||09-11-2022 |
|Keystone Realtors Ltd||SEBI approved||INR 75 crore||INR 560 crore||10||514 – 541||14-11-2022 |
|Inox Green Energy IPO||SEBI approved||INR 740 crore||INR 370 crore||10||61 to 65||11-11-2022 |
|Kaynes Technologies IPO||SEBI approved||5,584,664 |
|INR 530 crore||10||559 to 587||10-11-2022 |
|Global Health Ltd |
(Medanta brand hospitals)
|SEBI approved||5.08 crore |
|INR 500 crore||2||319 to 336||03-11-2022|
|Fusion Micro Finance Ltd||SEBI approved||1,36,95,466|
|INR 600 crore||10||350 to 368||02-11-2022 |
|Bikaji Foods International||SEBI approved||29,373,984|
|1||285 to 300||03-11-2022 |
|Uniparts India Limited||SEBI approved||15,731,942|
|10||548 to 577||30-11-2022 |
|Five-Star Business Finance||SEBI approved||INR 2752 Crore||1||450 to 474||09-11-2022 |
Also read upcoming IPO recommendations or IPO new launch here. In the “Upcoming IPO Review” section, we analyze – financial, fundamentals, product portfolio, and leadership team for each company IPO coming up to share all insights on which IPOs to invest in.
Upcoming New IPO in India 2022
IPO 2022 list will be updated more often
|IPO 2022 list||SEBI |
|Issue Size |
|Issue Size |
INR per share
|BIBA Fashion Ltd||SEBI approved||INR 90 Crore||INR 2.77 crore||10||Coming||Coming|
|Plaza Wires Ltd||SEBI approved||1,64,52,000 |
|Hemani Industries Ltd||SEBI approved||INR 1500 Crore||INR 500 Crore||5||Coming||Coming|
|Utkarsh Small Finance Bank||SEBI approved||INR 500 Crore||10||Coming||Coming|
|Kfin technologies IPO Date||SEBI approved||INR 2400 crore||10||Coming||Coming|
|SSKL IPO||SEBI approved||18,048,440 |
|INR 600 crore||2||Coming||Coming|
|IndiaFirst Life Insurance (IFLI)||Filed DRHP||1,41,299,422 |
|INR 500 Crore||Coming||Coming|
|Hexagon Nutrition||Filed DRHP||30,113,918|
|INR 100 Crore||1||Coming||Coming|
|Deltatech Gaming limited||SEBI approved||INR 250 crores||INR 300 Crore||1||Coming||Coming|
|Aprameya Engineering Limited||Filed DRHP||50,00,000 |
|Sula Vineyards||Filed DRHP||25,546,186|
|Navi Technologies Limited||Filed DRHP||INR 3350 Crore||10||Coming||Coming|
|Mankind Pharma IPO||Filed DRHP||40,058,844|
|Lohia Corp Ltd IPO||Filed DRHP||31,695,000|
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.