Multiple firms from sectors including infrastructure, textiles, electric vehicles, e-commerce, media services, and telecommunications plan to introduce IPOs in August 2024. These initiatives are strategically positioned to draw investors into burgeoning areas such as green energy, consumer goods, and cutting-edge technological solutions.
Upcoming IPO In September 2024
Here’s a table showcasing the stocks with the Upcoming IPO in September 2024:
Issuer Company | IPO Date | IPO Type | IPO Size (Cr) | IPO Price |
Baazar Style Retail Limited IPO | Aug 30 – Sep 03 | BSE, NSE | 834.68 | ₹ 370.00 to ₹ 389.00 |
Boss Packaging Solutions Limited IPO | Aug 30 – Sep 03 | NSE SME | 8.41 | ₹ 66 |
Archit Nuwood Industries Limited IPO | Aug 30 – Sep 03 | BSE SME | 168.48 | ₹ 257.00 to ₹ 270.00 |
Travels & Rentals Limited IPO | Aug 29 – Sep 02 | BSE SME | 12.24 | ₹ 40 |
Excellent Wires and Packaging Limited IPO | Sep 11 – Sep 13 | NSE SME | 12.6 Cr | ₹90 |
My Mudra Fincorp Limited IPO | Sep 05 – Sep 09 | NSE SME | 33.26 Cr | ₹104.00 to ₹110.00 |
Mach Conferences and Events Limited IPO | Sep 04 – Sep 06 | BSE SME | 125.28 Cr | ₹214.00 to ₹225.00 |
Namo eWaste Management Limited IPO | Sep 04 – Sep 06 | NSE SME | 51.2 Cr | ₹80.00 to ₹85.00 |
Jeyyam Global Foods Limited IPO | Sep 02 – Sep 04 | NSE SME | 81.94 Cr | ₹59.00 to ₹61.00 |
Gala Precision Engineering Limited IPO | Sep 02 – Sep 04 | BSE, NSE | 167.93 Cr | ₹503.00 to ₹529.00 |
For more details on these upcoming IPOs & To view current IPO listings, visit our IPO Page!
Introduction Of Upcoming IPOs in September 2024
Baazar Style Retail Limited IPO
Baazar Style Retail Limited operates a chain of retail stores offering a variety of consumer goods. The IPO aims to expand store locations and enhance supply chain efficiencies to better serve an expanding customer base.
Boss Packaging Solutions Limited IPO
Boss Packaging Solutions Limited specializes in innovative packaging technologies and solutions, catering to diverse industries. The IPO will fund technological upgrades and expansion plans to meet increasing demand for sustainable packaging options.
Archit Nuwood Industries Limited IPO
Archit Nuwood Industries Limited specializes in the manufacture and distribution of engineered wood products. The IPO aims to capitalize the company’s expansion into new markets and enhance production capabilities, aligning with growing demand for eco-friendly building materials.
Travels & Rentals Limited IPO
Travels & Rentals Limited, a provider of travel and rental services, focuses on delivering enhanced travel experiences through technology-driven solutions. The IPO is intended to expand its service offerings and increase market penetration in emerging travel sectors.
Excellent Wires and Packaging Limited IPO
Excellent Wires and Packaging Limited specializes in manufacturing diverse packaging solutions and wire products, catering to various industrial sectors, aiming to expand its market reach and production capacity through its IPO. The company prides itself on innovation and quality assurance, which have fostered strong customer loyalty.
My Mudra Fincorp Limited IPO
My Mudra Fincorp Limited is a financial services provider focused on microfinance and small business loans, launching its IPO to enhance its capital base and extend its services across new regions. The firm is committed to financial inclusion by providing affordable credit solutions to underserved segments. Funds from the IPO will also support technology upgrades to improve service delivery.
Mach Conferences and Events Limited IPO
Mach Conferences and Events Limited organizes large-scale corporate events and conferences. With the IPO, the company aims to increase its operational capabilities and enhance its service offerings. It plans to use the funds to expand its digital and virtual event solutions, adapting to changing industry trends. The firm also seeks to grow its international presence in emerging markets.
Namo eWaste Management Limited IPO
Namo eWaste Management Limited, a leader in electronic waste recycling, is going public to scale up its processing facilities and broaden its environmental impact initiatives. The company focuses on sustainable practices and is keen on advancing green technology in waste management.
Jeyyam Global Foods Limited IPO
Jeyyam Global Foods Limited, a producer and distributor of packaged foods, is entering the public market to fund its expansion into new markets and increase production capabilities. It aims to introduce new product lines and enhance its distribution network. The company is also looking to invest in marketing strategies to strengthen brand recognition and customer reach.
Gala Precision Engineering Limited IPO
Gala Precision Engineering Limited, known for its high-precision engineering solutions, seeks to leverage the IPO to invest in advanced technology and expand its global footprint. The company serves industries requiring high accuracy components, including aerospace and automotive. Proceeds from the IPO will also be used to foster partnerships and collaborations with leading tech firms worldwide.
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 |
Hyundai Motor India IPO | To Be Announced | NA |
Citichem India Ltd IPO | To Be Announced | NA |
Asianet Satellite Communications Ltd IPO | To Be Announced | NA |
Western Carriers India Ltd IPO | To Be Announced | NA |
EbixCash IPO | To Be Announced | NA |
Onest Limited IPO | To Be Announced | NA |
Keventers Agro Limited IPO | To Be Announced | NA |
Penna Cement IPO | To Be Announced | NA |
VLCC Healthcare IPO | To Be Announced | NA |
Upcoming IPO in September 2024 – FAQs
An IPO, or 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.