In July 2024, several companies are launching new IPOs, offering diverse investment opportunities for investors. These companies include industries such as pharmaceuticals, wire manufacturing, laboratories, green energy, infrastructure, and more.
Upcoming IPO In July 2024
| Issuer Company | IPO Date | IPO Type | IPO Size | IPO Price |
| Rajputana Industries Limited IPO | Jul 30 to Aug 01 | NSE SME | —- | —- |
| Ashapura Logistics Limited IPO | Jul 30 to Aug 01 | NSE SME | —- | —- |
| Sathlokhar Synergys E&C Global Limited IPO | Jul 30 to Aug 01 | NSE SME | 92.93 Cr | ₹133 to ₹140 |
| Bulkcorp International Limited IPO | Jul 30 to Aug 01 | NSE SME | —- | —- |
| S A Tech Software India Limited IPO | 26 to 30 July | NSE SME | 23.01 Cr | ₹56 to ₹59 |
| Esprit Stones Limited IPO | 26 to 30 July | NSE SME | 50.42 Cr | ₹82 to ₹87 |
| Clinitech Laboratory Limited IPO | 25 to 29 July | BSE SME | 5.78 Cr | ₹96 |
| Aprameya Engineering Limited IPO | 25 to 29 July | NSE SME | 29.23 Cr | ₹56 to ₹58 |
| Trom Industries Limited IPO | 25 to 29 July | NSE SME | 31.37 Cr | ₹100 to ₹115 |
| Chetana Education Limited IPO | 24 to 26 July | NSE SME | 45.90 Cr | ₹80 to ₹85 |
| Manglam Infra and Engineering Limited IPO | 24 to 26 July | NSE SME | 27.62 Cr | ₹53 to ₹56 |
| V.L.Infraprojects Limited IPO | 23 to 25 July | NSE SME | 18.52 Cr | ₹39 to ₹42 |
| VVIP Infratech Limited IPO | 23 to 25 July | BSE SME | 61.21 Cr | ₹91 to ₹93 |
| RNFI Services Limited IPO | 22 to 24 July | NSE SME | 70.81 Cr | ₹98 to ₹105 |
| Sanstar Limited IPO | 19 to 23 July | BSE, NSE | 510.15 Cr | ₹90 to ₹95 |
| Kataria Industries IPO | 16 to 19 July | NSE SME | ₹54.58 Cr | ₹91 to ₹96 |
| Macobs Technologies IPO | 16 to 19 July | NSE SME | ₹19.46 Cr | ₹71 to ₹75 |
| Tunwal E-Motors IPO | 15 to 18 July | NSE SME | ₹115.64 Cr | ₹59 |
| Three M Paper Boards IPO | 12 to 16 July | BSE SME | ₹39.83 Cr. | ₹67 to ₹69 |
| Sati Poly Plast Limited IPO | 12 to 16 July | NSE SME | ₹17.36 Cr. | ₹123 to ₹130 |
| Prizor Viztech Limited IPO | 12 to 16 July | NSE SME | NA | NA |
| Sahaj Solar Limited IPO | 11 to 15 July | NSE SME | ₹52.56 Cr. | ₹171 to ₹180 |
| Ganesh Green Bharat IPO | 5 to 9 July | NSE SME | ₹125.23 Cr. | ₹181 to ₹190 |
| Effwa Infra & Research IPO | 5 to 9 July | NSE SME | ₹51.27Cr. | ₹82 |
| Ambey Laboratories IPO | 3 to 5 July | NSE SME | ₹46.68 Cr. | ₹65 to ₹68 |
| Bansal Wire IPO | 3 to 5 July | Mainline | ₹745 Cr. | ₹243 to ₹256 |
| Emcure Pharmaceuticals IPO | 3 to 5 July | Mainline | ₹1952.03 Cr. | ₹960 to ₹1008 |
For more details on these upcoming IPOs & To view current IPO listings, visit our IPO Page!
Introduction Of Upcoming IPOs in July 2024
Rajputana Industries Limited IPO
Founded in 2011, Rajputana Industries Limited manufactures non-ferrous metal products, including copper, aluminum, and brass billets from recycled scrap. The company processes scrap into various products like rods, wires, and tubes at its Sikar facility, catering to diverse manufacturing needs.
Ashapura Logistics Limited IPO
Incorporated in 2009, Ashapura Logistics Limited specializes in cargo handling, freight forwarding, project and third-party logistics, warehousing, and coastal movement. The company is noted for its nationwide presence, comprehensive services, technological integration, and extensive vehicle fleet network.
Sathlokhar Synergys E&C Global Limited IPO
Founded in 2013, Sathlokhar Synergys E&C Global Limited offers EPC services for construction projects including buildings, infrastructure, and solar installations. It operates across Tamil Nadu, Karnataka, Uttar Pradesh, and West Bengal, and is a TATA Power Solar Systems Ltd. dealer for solar projects.
Bulkcorp International Limited IPO
Established in 2009, Bulkcorp International Limited produces and distributes customizable Food-Grade FIBC bags and container liners. Its Changodar facility meets BRC Global Standard and holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, serving industries like agriculture, chemicals, and food.
S A Tech Software India Limited IPO
Established in 2012, S A Tech Software India Limited, an IT consulting arm of SA Technologies Inc., USA, offers application development, mobile apps, cloud infrastructure, AI, machine learning, and data analytics. It serves Fortune 500 clients with digital transformation services.
Esprit Stones Limited IPO
Esprit Stones Limited, founded in 2016, manufactures engineered quartz and marble surfaces, with facilities for pressing, polishing, and producing quartz grit. Certified in multiple quality standards, it has a production capacity of 72 lakh sq. ft. annually and employs 295 people.
Clinitech Laboratory Limited IPO
Clinitech Laboratory Limited, since 1990, provides diagnostic testing services, conducting over 300,000 tests annually across categories like biochemical, immunology, and microbiology. With eight centers in Thane and Navi Mumbai, it features NABL-accredited labs with advanced technology.
Aprameya Engineering Limited IPO
Aprameya Engineering Limited, founded in September 2003, installs and maintains ICU, NICU, PICU, operation theatres, and prefabricated wards. It also supplies high-value healthcare equipment to hospitals and medical centers, offering turnkey solutions for healthcare infrastructure.
Trom Industries Limited IPO
Trom Industries Limited, established in 2011, specializes in solar EPC services, including residential rooftop systems, industrial power plants, ground-mounted solar collectors, and solar street lights. It designs, implements, and maintains solar solutions for various sectors.
Chetana Education Limited IPO
Chetana Education Limited, founded in 2017, publishes CBSE and State Board textbooks for K-12 education and offers educational software with QR code access. It serves Maharashtra and CBSE boards, having sold over 6 million books, and collaborates with over 400 authors.
Manglam Infra and Engineering Limited IPO
Manglam Infra and Engineering Limited, established in 2010, manages infrastructure projects, including highways, bridges, and tunnels. It provides design, engineering, procurement, construction, and project management services, including feasibility studies, quality control, and technical audits.
V.L.Infraprojects Limited IPO
V.L.Infraprojects Limited, founded in 2014, focuses on water infrastructure and irrigation projects. It handles water supply and wastewater infrastructure, including pipe laying, civil works, and installation of electro-mechanical equipment. It also offers operation and maintenance services for water pipelines.
VVIP Infratech Limited IPO
VVIP Infratech Limited, founded in 2001, is a Class ‘A’ contractor specializing in infrastructure projects in northern India. It handles sewerage, water treatment, power distribution, and other civil works. As of September 30, 2023, it employs 466 people.
RNFI Services Limited IPO
RNFI Services Limited, established in 2015, provides B2B and B2B2C financial tech solutions through its online portal and app. Its services include business correspondent services, full-fledged money changing, insurance broking, and government-to-citizen services across India.
Sanstar Limited IPO
Sanstar Limited, founded in 1982, produces plant-based specialty products for food, pet food, and industrial uses. Its portfolio includes glucose, starches, and by-products. With facilities in Maharashtra and Gujarat, it’s India’s fifth largest corn-based product manufacturer, exporting to 49 countries.
Kataria Industries IPO
Kataria Industries manufactures and supplies LRPC strands, steel wires, PT anchorage systems, HDPE ducts, couplers, and aluminum conductors for sectors like infrastructure, railways, and power. Incorporated in 2004, they operate two ISO-certified plants in Ratlam, Madhya Pradesh, with robust machinery and in-house testing facilities.
Macobs Technologies IPO
Founded in 2019, Macobs Technologies specializes in male below-the-belt grooming, operating exclusively through e-commerce. They offer innovative, safe grooming tools and hygiene products. The company aims to change societal perceptions about male grooming through educational content on online platforms.
Tunwal E-Motors IPO
Tunwal E-Motors Ltd, established in 2018, specializes in electric two-wheelers. With over 23 models, a 346% revenue CAGR, and a dealer base in 19 states, it leads India’s sustainable mobility drive. Key departments include Sales, Marketing, Accounts, HR, and Service, focusing on innovation and customer satisfaction.
Three M Paper Boards IPO
Three M Paper Boards manufactures recycled paper-based duplex board products for packaging in industries like food, pharmaceuticals, and cosmetics. Headquartered in Mumbai with a Chiplun facility, it boasts a 72,000 TPA capacity. Products are eco-friendly, using 100% recycled paper, and cater to domestic and international markets.
Sati Poly Plast Limited IPO
Sati Poly Plast Limited, established in July 1999, manufactures multifunctional flexible packaging materials. Operating from two units in Noida, the company has significantly scaled its production capacity to meet the packaging demands of various industries across multiple states
in India.
Prizor Viztech Limited IPO
Prizor Viztech Limited, established in 2017, specializes in security solutions with a range of CCTV cameras for retail, government, education, and infrastructure. Expanding in 2022, it added televisions, touch panels, and monitors to its product line, alongside video management software enhancing surveillance capabilities.
Sahaj Solar Limited IPO
Sahaj Solar specializes in solar solutions with decade-long expertise across PV module manufacturing, solar pumping systems, and EPC services. Their 100 MW capacity plant in Gujarat offers mono & poly-crystalline modules, including Mono PERC technology, under the brand ‘SAHAJ’, focusing on quality and efficiency in solar power generation.
Ganesh Green Bharat IPO
Ganesh Green Bharat’s NSE SME IPO aims to raise ₹125.23 crores via IPO. The company specializes in solar and electrical SITC services for government schemes and water supply projects. Key projects include the Saubhagya Scheme, KUSUM Scheme, Saur Sujla Yojna, and Jal Jeevan Mission.
Effwa Infra & Research IPO
Effwa Infra & Research Limited, founded in 2014, provides engineering, consultancy, procurement, construction, and integrated project management services in water pollution control. Their expertise includes sewage and industrial effluent treatment, solid waste disposal, ventilation systems, hazardous waste management, and water treatment plants.
Ambey Laboratories IPO
Ambey Laboratories, a pharmaceutical formulations company, aims to raise around ₹44.68 crores via IPO, comprising a fresh issue of 62.58 lakh shares aggregating to ₹42.55 crores and an offer for sale of 3.12 lakh shares amounting to ₹2.12 crores.
Bansal Wire IPO
Bansal Wire, the largest stainless steel wire manufacturing company, aims to raise around ₹745 crores via IPO, comprising a fresh issue of ₹745 crores and an offer for sale. The IPO allocates a retail quota of 35%, a QIB quota of 50%, and an HNI quota of 15%.
Emcure Pharmaceuticals IPO
Emcure Pharmaceuticals, an Indian pharmaceutical company, aims to raise around ₹1,952.03 crores via IPO, including a fresh issue of ₹800 crores and an offer for sale of up to 11,428,839 equity shares of ₹5 each. Emcure caters to both domestic and international markets. The retail quota is 35%, QIB is 50%, and HNI is 15%.
Upcoming IPO in July 2024 – FAQs
IPO is a process where a company decides to raise funds from the public by selling its shares.
The shares are first issued in the primary market via IPO and then moved to the secondary market, where it is traded among the public. The secondary market is also known as the After Issue Market.
Fixed Price Offering: In this type of IPO, the company offers its shares at a fixed price.
Book Building Offering: In the book-building method, the company fixes a price band. The investors have to bid within the fixed price band to get the shares.
Investing in an IPO is made simple through Alice Blue. Follow these easy steps to start your investment.
Step 1: Open your free Demat account with Alice Blue in just 15 minutes. Already have an account !! Then just, simply login to Alice IPO.
Step 2: Choose from the IPO you want to apply and place your bid.
Step 3: Once the bid is placed via UPI, the UPI App will block funds in your Bank account proportional to the bid (Till the allotment date). If the shares are allotted to you, the money will be debited from your account, if not, the money will be unblocked.
An IPO price is calculated by assessing the company’s valuation with input from an investment bank. This value is then divided by the total number of shares to be issued, arriving at a price per share. The final price balances the company’s need to raise capital by offering an attractive investment to buyers.
No, according to the SEBI rules it is mandatory to have a Demat account to apply for an IPO.
Yes, IPOs can be a good investment for both the short and long term. If a company has a strong financial status and high demand for its shares, it can be a good opportunity for investors. However, it’s important to research each IPO before investing.
Steps to apply for the IPO through Alice Blue
Step 1: Log in to the Alice Blue Rise platform.
Step 2: Choose the preferred IPO from the Live IPOs list.
Step 3: Enter your UPI ID linked to your personal bank account.
Step 4: Read the declaration and click ‘Submit.’
You can apply for an IPO through three different methods:
1. Broker Online: Open your Alice Blue Demat account, select the IPO and place your bid via your UPI ID. You’ll receive a mandate approval request to your bank account, which you need to approve to submit your application.
2. Broker Offline: Contact your broker like Alice Blue and fill out & submit the IPO application form.
3. ASBA Online: Log in to your bank account and apply for the IPO via ASBA. Enter the required details such as your Demat account number, PAN number, and bidding details, then submit the application.
Disclaimer – Consult your financial advisor before subscribing to an IPO. The investment market is risky and it may be inappropriate to invest without full information. You are responsible for your own investment results.
