The Indian stock market is abuzz with the news of several upcoming initial public offerings (IPOs) on the main board. These IPOs are expected to provide investors with exciting opportunities to invest in promising companies across various sectors. Let’s take a closer look at some of the notable upcoming IPOs:
1. Ideaforge
Ideaforge, a leading Indian manufacturer of unmanned aerial vehicles (UAVs) and systems, is set to go public with an IPO worth Rs. 650 crores. The company has gained recognition for its innovative drone technology and has established itself as a key player in the defense and surveillance sectors.
2. Ebixcash
Ebixcash, a leading financial exchange and payment solutions provider, is planning an IPO worth a staggering Rs. 6000 crores. The company offers a range of services, including foreign exchange, remittances, travel, and insurance. With a strong presence in the fintech industry, Ebixcash aims to capitalize on the growing demand for digital payment solutions.
3. Deltatech Gaming
Deltatech Gaming, a rising star in the gaming industry, is set to make its market debut with an IPO valued at Rs. 500 crores. The company develops and publishes interactive games for various platforms, targeting both domestic and international markets. As the gaming industry continues to experience significant growth, Deltatech Gaming aims to capitalize on this trend.
4. Yatra Online
Yatra Online, a prominent online travel platform in India, is gearing up for an IPO worth Rs. 750 crores. The company offers a comprehensive range of travel-related services, including flight and hotel bookings, holiday packages, and more. Yatra Online’s IPO is expected to generate considerable interest among investors looking to tap into the booming travel industry.
5. Allied Blenders
Allied Blenders, one of India’s leading spirits companies, is planning to raise Rs. 1500 crores through an IPO. The company boasts a diverse portfolio of popular brands, including Officer’s Choice whisky, which has become the world’s largest-selling whisky by volume. With its strong market presence and brand recognition, Allied Blenders aims to leverage the IPO to further expand its operations.
6. Sai Silk
Sai Silk, a renowned textile manufacturer, is preparing to launch an IPO worth Rs. 1500 crores. The company specializes in the production of silk fabrics, catering to both domestic and international markets. With its focus on quality and craftsmanship, Sai Silk aims to capitalize on the growing demand for luxury textiles.
7. Zaggle Prepaid
Zaggle Prepaid, a leading fintech company offering prepaid cards and expense management solutions, is set to raise Rs. 700 crores through its IPO. The company provides innovative payment solutions to corporates, helping them streamline their expense management processes. With the digital payment industry gaining momentum, Zaggle Prepaid aims to expand its market presence through the IPO.
8. Cyient DLM
Cyient DLM, a subsidiary of Cyient Limited, is planning an IPO valued at Rs. 740 crores. The company specializes in the design and manufacture of aerospace and defense components. With its cutting-edge technology and expertise, Cyient DLM aims to capitalize on the growing demand in the aerospace and defense sectors.
9. Tata Technologies
Tata Technologies, a global engineering and IT services company, is expected to launch a massive IPO
worth Rs. 7500 crores. The company provides services to various industries, including automotive, aerospace, and industrial machinery. With its strong reputation and global presence, Tata Technologies aims to utilize the IPO proceeds to fuel its expansion plans.
These upcoming IPOs reflect the diverse range of sectors and companies that are looking to tap into the Indian stock market. Investors keen on participating in these IPOs should conduct thorough research and analysis before making any investment decisions. It is essential to evaluate factors such as the company’s financials, growth prospects, competitive landscape, and market conditions to make informed investment choices.
