IPO

An IPO or an Initial Public Offering is the process by which a listed company issues its shares to the public for the first time.

The IPO issue size refers to the total number of shares being issued. This gives you a fair idea of the total value of shares that form a part of the IPO. The issue price is the price at which the shares are issued. Typically, there are different price bands for different categories of investors.

The IPO open date is the date on which the offering opens, and the close date is the date on which it closes. The period between the open date and the close date can range from 3 days to 7 days.

IPOs of companies with a minimum post-issue paid-up capital of Rs. 10 crores are eligible to be called mainline IPOs. On the other hand, issues by companies with a post-issue capital ranging between Rs. 1 crore and Rs. 25 crores can be considered as SME IPOs. Additionally, mainline IPOs require a minimum of 100 allottees and have more stringent norms, in general. SME IPOs should have at least 50 allottees, and they have more relaxed norms overall.

Of course. By investing in IPOs, you not only get to enjoy listing gains, but also get the chance to be a part of the company’s growth. The stocks of many companies have gone on to become multibaggers after their IPO debut, enhancing investor wealth significantly.

Applying for upcoming IPOs is extremely easy with a trading and demat account from Motilal Oswal. Here’s a quick glimpse of the steps that you need to follow.

1. Log into your trading account using your credentials.
2. Navigate to the IPO section.
3. Click on the ‘Place An Order’ tab.
4. Choose the IPO that you wish to apply for from the list and click on the ‘Place Order’ button.
5. Enter all the relevant details such as the investor category, quantity, and price. You can place up to three bids for each IPO.
6. Click on the ‘Confirm Order’ button.
7. You will be asked to confirm your order once again. Here, you can also choose to modify your order, if you wish.
8. Upon confirmation of your order, click on the ‘OK’ button.
9. And that’s it! Congratulations! You’ve successfully applied for an IPO.

Among the plenty of upcoming IPOs lined up to hit the IPO market in 2024, some of the most awaited are from the following companies:

1. Bajaj Housing Finance IPO
2. Premier Energies IPO
3. P N Gadgil Jewellers IPO
4. Arkade Developers IPO

All that you need to do to stay on top of all the forthcoming IPOs in India is simply follow Motilal Oswal’s upcoming IPO calendar.

No, unfortunately there’s no online service that sends notifications on new IPOs as of now. However, you can keep a track of all the upcoming IPOs by regularly following Motilal Oswal’s IPO calendar.

Here are the top 5 biggest IPOs in India of all time:

1. Coal India IPO (2010) - Rs. 15,475 crores
2. Reliance Power IPO (2008) - Rs. 11,700 crores
3. General Insurance Corporation IPO (2017) - Rs. 11,372 crores
4. Oil and Natural Gas Corporation IPO (2004) - Rs. 10,534 crores
5. SBI Card IPO (2020) - Rs. 10,286 crores