Helping You Build Wealth With Honest Research
Since 1996. Try Now

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

  • Home
  • Recent & Current IPOs

Recent & Current IPOs - List of IPOs in India which have opened for Subscription in the last 30 days

Here's a list of IPOs in India from the last 30 days with indepth analysis. Also find out the list of upcoming IPOs.

Company Name Sector Price Band (INR) Issue Opening Date Issue Closing Date Lot Size (No.of Shares) Issue Size (INR bn) Latest Price (INR) IPO Details Review
GPT HEALTHCARE LTD.
Miscellaneous 177 to 186 22-Feb-24 26-Feb-24 80 5.0 - IPO details -
JUNIPER HOTELS LTD.
Hotels 342 to 360 21-Feb-24 23-Feb-24 40 18.0 - IPO details -
JUNIPER HOTELS LTD.
Hotels 342 to 360 21-Feb-24 23-Feb-24 40 18.0 - IPO details Our view
VIBHOR STEEL TUBES LTD.
Steel 141 to 151 13-Feb-24 15-Feb-24 99 0.7 - IPO details -
ENTERO HEALTHCARE SOLUTIONS LTD.
Miscellaneous 1195 to 1258 9-Feb-24 13-Feb-24 11 16.0 1,159 IPO details -
JANA SMALL FINANCE BANK LTD.
Banking 393 to 414 7-Feb-24 9-Feb-24 36 5.7 457 IPO details -
RASHI PERIPHERALS LTD.
Computers (hardware) 295 to 311 7-Feb-24 9-Feb-24 48 6.0 344 IPO details -
CAPITAL SMALL FINANCE BANK LTD.
Banking 445 to 468 7-Feb-24 9-Feb-24 32 5.2 423 IPO details -
APEEJAY SURRENDRA PARK HOTELS LTD.
Hotels 147 to 155 5-Feb-24 7-Feb-24 96 9.2 229 IPO details -
BLS E-SERVICES LTD.
Miscellaneous 129 to 135 30-Jan-24 1-Feb-24 108 3.1 391 IPO details -
NOVA AGRITECH LTD.
Pesticides 39 to 41 23-Jan-24 25-Jan-24 365 1.4 63 IPO details -

Upcoming IPOs  |  Performance of IPOs

Data Sourced from:

primedatabase.com is India's first and still the only database dedicated to the primary capital market. Started in 1989, Prime
continues to be the single source of comprehensive information on all capital market offerings.


IPO Desk:

IPOs: Imaginary Profits Only?

Equitymaster discusses why the world over investments in IPOs have very rarely made money for investors and the alternative full form of the acronym could denote this.

Weighing IPOs

A check list investors must go through before investing in an equity issue.

Make sure the promoters don't rob you

Equitymaster discusses why investor in IPOs should be very careful about the valuations so that they do not overpay.

Unique IPOs: But will they attract investors?

Equitymaster discusses whether some unique IPOs have the potential to elicit any investor interest.


FAQs

What is an IPO Price Band?

IPO Price Band is the price range within which investors can bid for the shares. The minimum price is called the floor price and the maximum price is called the cap price.

In case the company revises the price band, the offer period gets extended for at least three additional working days.

Any revision in the price band and the revised offer period, if applicable, is shared by notification to the stock exchanges by issuing a press release and on the websites of the book running lead managers.

What is GMP?

GMP stands for grey market premium. It is the amount, over and above the issue price, that traders are willing to pay or ask for to trade IPO shares. The GMP can tell you how an IPO will perform on its listing day.

If you are applying for an IPO, take a look to see what could happen on listing day. But remember GMP shouldn't be the only factor influencing your decision on whether or not to hold or exit the stock.

If you are an investor, then we would say take the GMP with a pinch of salt. A factor as volatile as GMP can't be a deciding factor.

Therefore, you should never apply for an IPO just because it commands a good GMP. You should apply for an IPO because you believe in the company's earning potential. Hence more weightage should be given to the fundamentals of the company.

Is investing in IPO's less risky than directly investing in stock market?

When it comes to investing, both avenues carry some degree of risk.

However, unlike listed businesses that have been under public and regulators' scrutiny, most IPOs are untested business models. Further, IPOs are usually priced at exorbitant valuations that do not offer enough margin of safety.

In our view, one should wait for track record post listing and enter well performing businesses at reasonable valuations.

Due diligence and margin of safety are must in our view, whether it's an IPO or listed stocks one wants to invest in.

What is Issue size?

The issue size is the the total value of the IPO. It is calculated by multiplying the number of shares offered by the company by the issue price per share.

What is a lot size?

A lot size is the minimum number of shares that an investor needs to bid for. It is different for each IPO and is fixed by the company.

What is the difference between RII, NII, QIB and Anchor Investor?

Under the market regulator’s guidelines, there are four types of investors who can bid for shares during the IPO process.

  1. Retail investors (RII)

    The category of retail investors is the most popular one. It includes both resident Indians and non-resident Indians (NRI), as well as HUFs. The maximum sum that can be invested in this category is Rs 2 lakhs.

    This category allows bidding at the cut-off price, with retail investors receiving at least 35% of the total offer.

  2. Non institutional investors (NII)

    The non-institutional category is open to all retail category applicants who wish to apply for an amount greater than 2 lakh. A minimum of 15% is booked for them.

    NII have the option of withdrawing their bids before the day of the allotment. They are not, however, entitled to bid at the cut-off price.

  3. Qualified institutional buyers (QIB)

    QIP in the stock market is a fundraising tool, whereby a company raises capital by issuing equity shares, fully and partly convertible debentures, or any securities other than warrants which are convertible to equity shares.

    The only parties eligible to purchase QIPs are Qualified Institutional Buyers (QIBs), which are accredited investors, as defined by the market regulator.

  4. Anchor investors

    Anchor investor category includes QIBs applying to invest Rs 100 million or more through the book-building process. Up to 60% of the QIB group may be allocated to anchor investors.

    Note that the price for anchor investors gets set separately.

    Anchor investors need a minimum application size of Rs 100 m, and merchant bankers, promoters, and their immediate relatives are not eligible.


Today's Market

Sensex Today Trades Lower | NHPC Down 4%, SJVN 3% | Asian Paints & BPCL Top Losers Sensex Today Trades Lower | NHPC Down 4%, SJVN 3% | Asian Paints & BPCL Top Losers(10:30 am)

Markets in Asia-Pacific inched higher this morning, with Japan's Nikkei 225 index at record highs of 38,924.8.

PLEASE NOTE:
The information in the web site has been compiled from sources we believe to to be reliable, but we do not hold ourselves responsible for its completeness or accuracy. This is not an offer to sell or a solicitation to buy any securities. Investors are advised to read the offer document before making an investment decision.