In November 2024, a diverse array of sectors including renewable energy, digital payments, healthcare technology, logistics, and health insurance are showcasing IPOs.These offerings aim to attract investors interested in expanding areas like clean energy, consumer services, and advanced industrial solutions.
Upcoming IPO In November 2024
Here’s a table showcasing the stocks with the Upcoming IPO in November 2024:
Issuer Company | IPO Date | Exchange | Issue Size (Rs Cr.) | Issue Price (Rs) |
NTPC Green Energy IPO | N/A | N/A | N/A | N/A |
Acme Solar Holdings IPO | N/A | N/A | N/A | N/A |
One Mobikwik Systems IPO | N/A | N/A | N/A | N/A |
Sagility India IPO | N/A | N/A | N/A | N/A |
Zinka Logistics IPO | N/A | N/A | N/A | N/A |
Niva Bupa Health Insurance IPO | N/A | N/A | N/A | N/A |
For more details on these upcoming IPOs & To view current IPO listings, visit our IPO Page!
Introduction Of Upcoming IPOs in November 2024
NTPC Green Energy Ltd
NTPC Green Energy Ltd, India’s largest renewable public-sector entity excluding hydro, operates a portfolio of 14,696 MW, with 2,925 MW active and further projects underway. The company’s diverse geographic spread enhances its solar and wind projects’ effectiveness.
Acme Solar Holdings Ltd
Acme Solar Holdings Ltd stands as a top independent renewable power producer in India, expanding from solar to various renewable energies. It manages EPC and O&M activities, profiting primarily from selling electricity to government entities.
One Mobikwik Systems Ltd
One Mobikwik Systems Ltd is a leading Indian payment platform fostering financial inclusion through solutions like Kwik QR and EDC Machines. Supported by RBI’s Payment Aggregator license, it enhances merchant transaction capabilities.
Sagility India Ltd
Founded in 2021 in Bengaluru, Sagility India Ltd is a prominent healthcare technology service provider focusing on claims management, clinical services, and revenue cycle management to support healthcare providers and pharmacy benefit managers.
Zinka Logistics
Zinka Logistics is revolutionizing India’s trucking sector through its BlackBuck app, which offers solutions for payment management, telematics, and vehicle financing. The company’s significant role includes facilitating commercial vehicle purchases and revenue from loans.
Niva Bupa Health Insurance Company Ltd
Niva Bupa Health Insurance Company Ltd, one of India’s leading standalone health insurers, reported a Gross Direct Premium of ₹5,499 crore in FY2024. With a digital-first approach, Niva Bupa offers comprehensive digital solutions from onboarding to claims, securing a substantial market share in the SAHI sector.
Other Upcoming IPO List in 2024
Here’s a table showcasing the stocks with the Upcoming IPO in 2024:
Company Name | Bid start | Price Range |
Citichem India Ltd IPO | To be announced | N/A |
Asianet Satellite Communications Ltd IPO | To be announced | N/A |
EbixCash IPO | To be announced | N/A |
Onest Limited IPO | To be announced | N/A |
Keventers Agro Limited IPO | To be announced | N/A |
Penna Cement IPO | To be announced | N/A |
VLCC Healthcare IPO | To be announced | N/A |
Upcoming IPO in November 2024 – FAQs
An IPO (Initial Public Offering) is when a company offers its shares to the public to raise capital. Initially issued in the primary market, these shares are subsequently traded in the secondary market, allowing public trading.
Fixed Price Offering: Shares are sold at a set price determined by the company.
Book Building Offering: A price range is set, and investors bid within this range to purchase shares.
Investing in an IPO is streamlined through Alice Blue with these steps:
Step 1: Open a free Demat account with Alice Blue in just 15 minutes. Log in if you already have an account.
Step 2: Select the desired IPO and place your bid.
Step 3: Post-bid, funds are blocked in your bank account until the allotment date. Funds are debited if shares are allotted, or unblocked if not.
The IPO price is set by evaluating the company’s value with help from an investment bank, then dividing this by the number of shares issued to determine a per-share price.
No, a Demat account is required as per SEBI regulations to apply for an IPO.
IPOs can be lucrative for short or long-term investment if the company has solid financials and its shares are in high demand. Due diligence is advised before investing.
Steps to apply for an IPO through Alice Blue:
Step 1: Log into Alice Blue Rise platform.
Step 2: Select an IPO from the Live IPOs list.
Step 3: Enter your UPI ID linked to your bank.
Step 4: Read the declaration and submit.
Apply through one of these methods:
1. Broker Online: Open an Alice Blue Demat account, choose an IPO, place your bid via UPI. Approve the bank mandate request to submit your application.
2. Broker Offline: Contact your broker like Alice Blue to complete and submit the IPO application form.
3. ASBA Online: Apply via your bank’s ASBA service by logging into your account, entering required details like your Demat and PAN numbers, along with your bid, and then submit the application.