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2023 has been an excellent year for public offerings in India. A record number of businesses got listed in 2023. This has been possible due to the pro-business policies of the government along with rapid digitization. There has also been a steady increase in participating investors.
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Upcoming IPO What Is IPO? Upcoming IPO List
What Is IPO? • Initial Public Offering, or IPO. It is a procedure through which a privately owned firm transitions into a publicly traded company by first releasing its shares to the general public. When a small group of shareholders owns a private firm, the ownership is divided when the company becomes public and trades its shares. The corporation lists its name on the stock exchange thanks to the IPO.
Upcoming IPO List Following is the upcoming Ipolist: • Go Airlines The well-known low-cost carrier Go Airlines wants to raise $3,600 billion through its first public offering. Each share will have a face value of 10 rupees.For its first public offering, Go Airlines has submitted paperwork to SEBI. • ArohanFinancial The unbanked segment of the population receives microfinancing solutions from Arohan Financial. It has submitted a 1,800 crore DRHP to the market regulator. This would consist of 850 crores of rupees in new equity shares. 2,70,55,893 shares' secondary components would make up the balance.
MobiKwik MobiKwik, a prominent digital payment provider, has filed to go public in July 2021. The MobiKwik IPO would consist of a 1,500 crore rupee new equity share offering as well as a 400 crore rupee offer for sale by chosen promoters and shareholders. More than 120 million clients and 3 million retailers in the country are currently served by the platform. • Utkarsh Small Finance Bank One of the small finance banks in India that has been growing quickly is Utkarsh Small Finance Bank. The market regulator has received the documents for its Rs. 1,350 crore first public offering.This initial public offering (IPO) would contain 750 crores in primary issues in addition to a 650 crores offer for sale. • Ixigo The online travel agency ixigo plans to raise 750 crores through an initial public offering (IPO). With a selling offer, it also aims to raise Rs. 850 crores. Through ixigo'sRs. 1,600 crores IPO, two of its current investors, Elevation Capital and Micromax, will partially leave.