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 | Exchange | IPO Size (Cr) | IPO Price |
| Saj Hotels Limited | Sep 27 – Oct 01 | NSE SME | 27.63 | ₹65.00 |
| Divyadhan Recycling Industries Limited | Sep 26 – Sep 30 | NSE SME | 24.17 | ₹60.00 to ₹64.00 |
| Sahasra Electronics Solutions Limited | Sep 26 – Sep 30 | NSE SME | 186.16 | ₹269.00 to ₹283.00 |
| Forge Auto International Limited | Sep 26 – Sep 30 | NSE SME | 31.1 | ₹102.00 to ₹108.00 |
| Diffusion Engineers Limited | Sep 26 – Sep 30 | BSE, NSE | 158 | ₹159.00 to ₹168.00 |
| KRN Heat Exchanger and Refrigeration Limited | Sep 25 – Sep 27 | BSE, NSE | 341.95 | ₹209.00 to ₹220.00 |
| WOL 3D India Limited IPO | Sep 23 – Sep 25 | NSE SME | 25.56 | ₹ 142.00 to ₹ 150.00 |
| Rappid Valves (India) Limited IPO | Sep 23 – Sep 25 | NSE SME | 30.41 | ₹ 210.00 to ₹ 222.00 |
| Manba Finance Limited IPO | Sep 23 – Sep 25 | BSE, NSE | 150.84 | ₹ 114.00 to ₹ 120.00 |
| BikeWo GreenTech Limited IPO | Sep 20 – Sep 24 | NSE SME | 24.09 | ₹ 59.00 to ₹ 62.00 |
| SD Retail Limited IPO | Sep 20 – Sep 24 | NSE SME | 64.98 | ₹ 124.00 to ₹ 131.00 |
| Phoenix Overseas Limited IPO | Sep 20 – Sep 24 | NSE SME | 36.03 | ₹ 61.00 to ₹ 64.00 |
| Avax Apparels And Ornaments Limited IPO | Sep 20 – Sep 24 | BSE SME | 1.92 | ₹ 70 |
| Avi Ansh Textile Limited IPO | Sep 20 – Sep 24 | NSE SME | 26 | ₹ 62 |
| Kalana Ispat Limited IPO | Sep 19 – Sep 23 | NSE SME | 32.59 | ₹ 66 |
| Paramount Speciality Forgings Limited IPO | Sep 17 – Sep 20 | NSE SME | 32.34 Cr | ₹ 59 |
| Arkade Developers Limited IPO | Sep 16 – Sep 19 | BSE, NSE | 410 Cr | ₹ 128 |
| Osel Devices Limited IPO | Sep 16 – Sep 19 | NSE SME | 70.66 Cr | ₹ 160 |
| Northern Arc Capital Limited IPO | Sep 16 – Sep 19 | BSE, NSE | 777 Cr | ₹ 263 |
| Pelatro Limited IPO | Sep 16 – Sep 19 | NSE SME | 55.98 Cr | ₹ 190.00 to ₹ 200.00 |
| Western Carriers (India) Limited IPO | Sep 13 – Sep 19 | BSE, NSE | 492.88 Cr | ₹ 172 |
| Envirotech Systems Limited IPO | Sep 13 – Sep 19 | NSE SME | 30.24 Cr | ₹ 56 |
| Deccan Transcon Leasing Limited IPO | Sep 13 – Sep 19 | NSE SME | 65.06 Cr | ₹ 108 |
| Popular Foundations Limited IPO | Sep 13 – Sep 19 | BSE SME | 19.87 Cr | ₹ 37 |
| Sodhani Academy of Fintech Enablers Limited IPO | Sep 12 – Sep 17 | BSE SME | 6.12 Cr | ₹ 40 |
| Excellent Wires and Packaging Limited IPO | Sep 11 – Sep 13 | NSE SME | 12.6 Cr | ₹ 90 |
| Innomet Advanced Materials Limited IPO | Sep 11 – Sep 13 | NSE SME | 34.24 Cr | ₹ 100 |
| P N Gadgil Jewellers Limited IPO | Sep 10 – Sep 12 | BSE, NSE | 1100 Cr | ₹ 480 |
| SPP Polymer Limited IPO | Sep 10 – Sep 12 | NSE SME | 24.49 Cr | ₹ 59 |
| Trafiksol ITS Technologies Limited IPO | Sep 10 – Sep 12 | BSE SME | 44.87 Cr | ₹ 70 |
| Bajaj Housing Finance Limited IPO | Sep 09 – Sep 11 | BSE, NSE | 6560 Cr | ₹ 70 |
| Tolins Tyres Limited IPO | Sep 09 – Sep 11 | BSE, NSE | 230 Cr | ₹ 226 |
| Aditya Ultra Steel Limited IPO | Sep 09 – Sep 11 | NSE SME | 45.88 Cr | ₹ 62 |
| Kross Limited IPO | Sep 09 – Sep 11 | BSE, NSE | 500 Cr | ₹ 240 |
| Shubhshree Biofuels Energy Limited IPO | Sep 09 – Sep 11 | NSE SME | 16.56 Cr | ₹ 119 |
| Share Samadhan Limited IPO | Sep 09 – Sep 11 | BSE SME | 24.06 Cr | ₹ 74 |
| Gajanand International Limited IPO | Sep 09 – Sep 11 | NSE SME | 20.65 Cr | ₹ 36 |
| Vision Infra Equipment Solutions Limited IPO | Sep 06 – Sep 10 | NSE SME | 106.21 Cr | ₹ 163 |
| My Mudra Fincorp Limited IPO | Sep 05 – Sep 09 | NSE SME | 33.26 Cr | ₹ 110 |
| Shree Tirupati Balajee Agro Trading Company Limited IPO | Sep 05 – Sep 09 | BSE, NSE | 169.65 Cr | ₹ 83 |
| Mach Conferences and Events Limited IPO | Sep 04 – Sep 06 | BSE SME | 125.28 Cr | ₹ 225 |
| Namo eWaste Management Limited IPO | Sep 04 – Sep 06 | NSE SME | 51.2 Cr | ₹ 85 |
| Naturewings Holidays Limited IPO | Sep 02 – Sep 05 | BSE SME | 7.03 Cr | ₹ 74 |
| Jeyyam Global Foods Limited IPO | Sep 02 – Sep 04 | NSE SME | 81.94 Cr | ₹ 61 |
| Gala Precision Engineering Limited IPO | Sep 02 – Sep 04 | BSE, NSE | 167.93 Cr | ₹ 529 |
| Travels & Rentals Limited IPO | Aug 29 – Sep 02 | BSE SME | 12.24 | ₹ 40 |
| Archit Nuwood Industries Limited IPO | Aug 30 – Sep 03 | BSE SME | 168.48 | ₹ 257.00 to ₹ 270.00 |
| Boss Packaging Solutions Limited IPO | Aug 30 – Sep 03 | NSE SME | 8.41 | ₹ 66 |
| Baazar Style Retail Limited IPO | Aug 30 – Sep 03 | BSE, NSE | 834.68 | ₹ 370.00 to ₹ 389.00 |
For more details on these upcoming IPOs & To view current IPO listings, visit our IPO Page!
Introduction Of Upcoming IPOs in September 2024
Saj Hotels Limited
Saj Hotels Limited, established in February 1981, operates in the hospitality industry, offering resort accommodations, villa rentals, and dining options. With three resort properties, the company hosts events like conferences and weddings. It also holds a 50% investment in My Own Rooms Dot In Private Limited, diversifying its portfolio.
Key Dates:
- Open Date: September 27, 2024
- Close Date: October 01, 2024
- Allotment Date: October 03, 2024
- Listing Date: October 07, 2024
Divyadhan Recycling Industries Limited
Divyadhan Recycling Industries Limited, established in May 2010, manufactures Recycled Polyester Staple Fibre (R-PSF) and recycled pellets from post-consumer PET bottles. Certified for quality and environmental management, the company operates in Baddi, Himachal Pradesh, with a production capacity of 8,030 metric tons for fibre and 4,320 metric tons for pellets.
Key Dates:
- Open Date: September 26, 2024
- Close Date: September 30, 2024
- Allotment Date: October 01, 2024
- Listing Date: October 04, 2024
Sahasra Electronics Solutions Limited
Sahasra Electronic Solutions Limited, incorporated in February 2023, is an ESDM company based in Noida. It offers PCB assembly, Box Build, LED lighting, and IT hardware solutions. With a capacity of 1.8 million units, the company exports over 80% of its products globally, including to the USA and Europe.
Key Dates:
- Open Date: September 26, 2024
- Close Date: September 30, 2024
- Allotment Date: October 01, 2024
- Listing Date: October 04, 2024
Forge Auto International Limited
Forge Auto International Limited, established in 2001, specializes in forging and manufacturing safety-critical components for automotive and non-automotive sectors. With a 27% CAGR, its revenue grew from ₹10,951.99 lakhs in FY 2021 to ₹17,664.85 lakhs in FY 2023, serving OEMs globally and holding multiple certifications.
Key Dates:
- Open Date: September 26, 2024
- Close Date: September 30, 2024
- Allotment Date: October 01, 2024
- Listing Date: October 04, 2024
Diffusion Engineers Limited
Diffusion Engineers Limited, founded in 1982, manufactures welding consumables, wear plates, and heavy machinery for core industries. It offers specialized repair services and utilizes the Super Conditioning process to enhance component longevity. With four manufacturing units in Nagpur and over 130 qualified engineers, the company is well-equipped for production.
Key Dates:
- Open Date: September 26, 2024
- Close Date: September 30, 2024
- Allotment Date: October 01, 2024
- Listing Date: October 04, 2024
KRN Heat Exchanger and Refrigeration Limited
KRN Heat Exchanger and Refrigeration Ltd is a leading manufacturer of fin and tube-type heat exchangers, producing copper and aluminum fins, water coils, and condenser coils for the HVAC&R industry. The company serves prestigious clients like Daikin and exports products to various countries, including the USA and Italy.
Key Dates:
- Open Date: September 25, 2024
- Close Date: September 27, 2024
- Allotment Date: September 30, 2024
- Listing Date: October 03, 2024
WOL 3D India Limited IPO
WOL 3D India Limited, incorporated in November 1988, offers 3D printing solutions for diverse sectors, including manufacturing and education. Its product portfolio includes printers, scanners, and filaments. With a manufacturing facility in Maharashtra and multiple branch offices, it holds certifications like ISO 9001:2015 and sells through major e-commerce platforms.
Key Dates:
- Open Date: September 23, 2024
- Close Date: September 25, 2024
- Allotment Date: September 25, 2024
- Listing Date: September 30, 2024
Rappid Valves (India) Limited IPO
Rappid Valves (India) Limited, incorporated in 2002, specializes in manufacturing valve solutions, including ball, gate, globe, and marine valves in sizes from 15mm to 600mm. Equipped with advanced machinery, the company holds multiple quality certifications, including ISO 9001:2015, 14001:2015, and 45001:2018.
Key Dates:
- Open Date: September 23, 2024
- Close Date: September 25, 2024
- Allotment Date: September 25, 2024
- Listing Date: September 30, 2024
Manba Finance Limited IPO
Manba Finance Limited, established in 1998, is a non-banking finance company providing financial solutions for two-wheelers, three-wheelers, electric vehicles, used cars, and personal loans. Catering to employees and the self-employed, it finances up to 85% of vehicle costs and has over 1,100 dealer relationships, employing 1,344 people as of March 31, 2024.
Key Dates:
- Open Date: September 23, 2024
- Close Date: September 25, 2024
- Allotment Date: September 26, 2024
- Listing Date: September 30, 2024
BikeWo GreenTech Limited IPO
Bikewo Green Tech Limited, incorporated in December 2006, is an electric two-wheeler retailer in India, operating through various dealership models. With a presence in multiple states, it plans expansion into new cities. As of January 31, 2024, the company employs 36 individuals and offers premium EV brands.
Key Dates:
- Open Date: September 20, 2024
- Close Date: September 24, 2024
- Allotment Date: September 25, 2024
- Listing Date: September 27, 2024
SD Retail Limited IPO
S D Retail Limited, incorporated in May 2004, designs and retails sleepwear under the “SWEET DREAMS” brand for men, women, and kids aged 2-16. Operating on an asset-light model, the company sells through various channels, including e-commerce platforms, and employs 240 individuals as of May 31, 2024.
Key Dates:
- Open Date: September 20, 2024
- Close Date: September 24, 2024
- Allotment Date: September 25, 2024
- Listing Date: September 27, 2024
Phoenix Overseas Limited IPO
Phoenix Overseas Limited, incorporated in December 2002, trades in animal feeds, agricultural produce, and commodities, specializing in corn and oil cakes. The company also manufactures jute, cotton, canvas, and leather bags, along with fashion accessories, serving clients in Europe, the UAE, and Australia from its Kolkata facility.
Key Dates:
- Open Date: September 20, 2024
- Close Date: September 23, 2024
- Allotment Date: September 24, 2024
- Listing Date: September 27, 2024
Avax Apparels And Ornaments Limited IPO
Avax Apparels and Ornaments Limited is engaged in wholesale trading of knitted cloth and online retail of silver ornaments, offering a variety of jewelry including rings and bangles. The company has invested in new machinery and plans to start manufacturing, aiming for backward integration in the near future.
Key Dates:
- Open Date: September 20, 2024
- Close Date: September 24, 2024
- Allotment Date: September 25, 2024
- Listing Date: September 27, 2024
Avi Ansh Textile Limited IPO
Avi Ansh Textile Limited, incorporated in April 2005, manufactures and exports 100% cotton yarn, including combed and carded varieties. With ISO 14001:2015 and ISO 9001:2015 certifications, it operates spinning factories with 26,000 spindles, producing around 4,500 metric tons annually and employing 281 personnel as of September 2024.
Key Dates:
- Open Date: September 20, 2024
- Close Date: September 24, 2024
- Allotment Date: September 25, 2024
- Listing Date: September 27, 2024
Kalana Ispat Limited IPO
Kalana Ispat Limited, incorporated in October 2012, manufactures M.S. and Alloy Steel Billets with an annual capacity of 38,000 MT. Certified by ISO 2830:2012, the company boasts an innovation-driven model and a strong growth track record, supported by experienced management and dedicated employees, totaling 18 personnel as of September 2024.
Key Dates:
- Open Date: September 19, 2024
- Close Date: September 23, 2024
- Allotment Date: September 23, 2024
- Listing Date: September 27, 2024
Paramount Speciality Forgings Limited IPO
Paramount Speciality Forgings Limited was established in 1994 and is a leading steel forgings manufacturer in India. With facilities in Kamothe and Khalapur, it offers products like Tube Sheet Blanks and Forged Rings, meeting international standards and serving sectors like petrochemicals and heavy engineering.
Key Dates:
- Open Date: September 17, 2024
- Close Date: September 19, 2024
- Allotment Date: September 20, 2024
- Listing Date: September 24, 2024
Arkade Developers Limited IPO
Arkade Developers Limited focuses on high-end residential projects in Mumbai, with activities including new developments and redevelopments. Since 2017, it has launched 1,220 units and sold 1,045. The company has completed 28 projects, encompassing over 4.5 million square meters, with 1,051 employees as of June 2024.
Key Dates:
- Open Date: September 16, 2024
- Close Date: September 19, 2024
- Allotment Date: September 20, 2024
- Listing Date: September 24, 2024
Osel Devices Limited IPO
Osel Devices Limited formerly Innovative Infratech Solutions, founded in 2006, produces LED display systems and hearing aids. Their LED displays serve various commercial applications with integrated content management. They also offer programmable and non-programmable hearing aids, primarily for the Artificial Limbs Manufacturing Corporation of India.
Key Dates:
- Open Date: September 16, 2024
- Close Date: September 19, 2024
- Allotment Date: September 20, 2024
- Listing Date: September 23, 2024
Northern Arc Capital Limited IPO
Northern Arc Capital Limited was founded in 2009. It provides retail loans to underserved households and businesses in India. It has facilitated over Rs. 1.73 trillion in financing to 101.82 million people as of March 31, 2024. The company specializes in MSME, microfinance, consumer finance, vehicle finance, affordable housing, and agriculture finance.
Key Dates:
- Open Date: September 16, 2024
- Close Date: September 19, 2024
- Allotment Date: September 20, 2024
- Listing Date: September 23, 2024
Pelatro Limited IPO
Pelatro Limited provides the mViva platform for customer engagement, offering data collection, analytics, and reporting. Deployed in 38 telecom networks across 30 countries as of May 31, 2024, mViva supports Campaign, Loyalty, Lead Management, and Data Monetization. Pelatro is expanding into the banking and financial sectors.
Key Dates:
- Open Date: September 16, 2024
- Close Date: September 19, 2024
- Allotment Date: September 20, 2024
- Listing Date: September 24, 2024
Western Carriers (India) Limited IPO
Western Carriers (India) Limited established in March 2011, is a multi-modal, rail-focused 4PL logistics company offering customizable solutions across road, rail, water, and air transport. Serving over 1,100 clients, it provides chartering, stevedoring, and coastal cargo services. The company employs 1,350 people as of December 31, 2022.
Key Dates:
- Open Date: September 13, 2024
- Close Date: September 19, 2024
- Allotment Date: September 20, 2024
- Listing Date: September 24, 2024
Envirotech Systems Limited IPO
Envirotech Systems Limited founded in 2007, manufactures noise measurement and control solutions for industrial and commercial use. Specializing in custom enclosures, their products include Noise Test Booths, Acoustic Enclosures, and Noise Barriers. They serve industries like oil and gas, power generation, manufacturing, and automotive across India.
Key Dates:
- Open Date: September 13, 2024
- Close Date: September 17, 2024
- Allotment Date: September 18, 2024
- Listing Date: September 20, 2024
Deccan Transcon Leasing Limited IPO
Deccan Transcon Leasing Limited incorporated in February 2007, provides tank container leasing and logistics solutions, including freight, tank fleet management, and NVOCC services. With a focus on chemicals, pharmaceuticals, and FMCG, the company serves clients across 40 countries, supporting over 5,000 customers to date.
Key Dates:
- Open Date: September 13, 2024
- Close Date: September 19, 2024
- Allotment Date: September 20, 2024
- Listing Date: September 24, 2024
Popular Foundations Limited IPO
Popular Foundations Limited founded in 1998, specializes in engineering and construction services, focusing on non-residential projects in Chennai and other cities like Bangalore and Coimbatore. Known for on-time delivery, quality design, and a robust business model, the company employs 86 staff as of September 2024.
Key Dates:
- Open Date: September 13, 2024
- Close Date: September 18, 2024
- Allotment Date: September 19, 2024
- Listing Date: September 23, 2024
Sodhani Academy of Fintech Enablers Limited IPO
Sodhani Academy of Fintech Enablers Limited founded in 2009, offers financial training and consulting services focused on financial education and awareness. It equips learners, including students, graduates, homemakers, and the unemployed, with skills to manage money, budget, save, invest, and understand financial products through courses, seminars, and events.
Key Dates:
- Open Date: September 12, 2024
- Close Date: September 17, 2024
- Allotment Date: September 18, 2024
- Listing Date: September 20, 2024
Innomet Advanced Materials Limited IPO
Innomet Advanced Materials Limited incorporated in 1984, manufactures Metal Powders and Tungsten Heavy Alloys. The company offers over 20 products, including custom metal powders, serving industries globally. Certified under ISO 9001:2015, it supplies to countries like the US, UK, and Japan, with 56 employees as of March 2024.
Key Dates:
- Open Date: September 11, 2024
- Close Date: September 13, 2024
- Allotment Date: September 16, 2024
- Listing Date: September 18, 2024
P N Gadgil Jewellers Limited IPO
P N Gadgil Jewellers Limited was established in 2013 and offers a range of gold, silver, platinum, and diamond jewelry under the “PNG” brand. With 33 stores across Maharashtra, Goa, and the US, the company operates through owned and FOCO models. As of September 2023, it employs 1,152 staff.
Key Dates:
- Open Date: September 10, 2024
- Close Date: September 12, 2024
- Allotment Date: September 13, 2024
- Listing Date: September 17, 2024
SPP Polymer Limited IPO
SPP Polymer Limited incorporated in 2004, manufactures HDPE/PP woven fabrics, bags, non-woven fabrics, and multifilament yarn. Located in Rudrapur, Uttarakhand, it serves industries like agro-pesticides, cement, and chemicals. With ISO certifications, it offers customized solutions and has an annual capacity of 16,300 MT. As of Dec 2024, it employs 4 staff.
Key Dates:
- Open Date: September 10, 2024
- Close Date: September 12, 2024
- Allotment Date: September 13, 2024
- Listing Date: September 17, 2024
Trafiksol ITS Technologies Limited IPO
Trafiksol ITS Technologies Limited founded in 2018, provides intelligent transportation systems (ITS) and automation solutions, specializing in software development and consulting. The company delivers customized software and EPC projects, including Advanced Traffic, Toll, and Tunnel Management Systems, catering to user-specific needs with tailored solutions and ongoing maintenance.
Key Dates:
- Open Date: September 10, 2024
- Close Date: September 12, 2024
- Allotment Date: September 13, 2024
- Listing Date: September 17, 2024
Bajaj Housing Finance Limited IPO
Bajaj Housing Finance Limited founded in 2008, is a non-deposit-taking Housing Finance Company (HFC) offering mortgage loans since 2018. Part of the Bajaj Group, it provides customized financial solutions for home and commercial space purchases. As of March 2024, it serves 308,693 active customers, primarily home loan clients.
Key Dates:
- Open Date: September 09, 2024
- Close Date: September 11, 2024
- Allotment Date: September 12, 2024
- Listing Date: September 16, 2024
Tolins Tyres Limited IPO
Tolins Tyres Limited incorporated in 2003, is a tyre manufacturer offering retreading solutions in India and exporting to 40 countries. Its business spans tyre and tread rubber manufacturing. As of March 2024, the company produces tyres for two-wheelers, three-wheelers, light commercial vehicles, and agricultural equipment, along with various accessories.
Key Dates:
- Open Date: September 09, 2024
- Close Date: September 11, 2024
- Allotment Date: September 12, 2024
- Listing Date: September 16, 2024
Aditya Ultra Steel Limited IPO
Aditya Ultra Steel Limited founded in 2011, manufactures TMT bars under the “Kamdhenu” brand. Located in Wankaner, Gujarat, the facility has a production capacity of 108,000 MT. The company serves the construction and infrastructure sectors and employed 149 full-time staff as of April 2024.
Key Dates:
- Open Date: September 09, 2024
- Close Date: September 11, 2024
- Allotment Date: September 12, 2024
- Listing Date: September 16, 2024
Kross Limited IPO
Kross Limited manufactures trailer axles, suspensions, and high-performance forged components for commercial vehicles and agricultural equipment. With five ISO 9001:2015 certified facilities in Jamshedpur, Jharkhand, the company supplies OEMs and domestic dealers. It has a production capacity for forgings up to 40 kg.
Key Dates:
- Open Date: September 09, 2024
- Close Date: September 11, 2024
- Allotment Date: September 12, 2024
- Listing Date: September 16, 2024
Shubhshree Biofuels Energy Limited IPO
Shubhshree Biofuels Energy Limited established in 2013, supplies biomass fuels, including pellets and briquettes, to various sectors. With a production capacity of 132 tonnes per day from three machines, the company produced 12,090 tonnes and sold 50,600 tonnes of biomass fuels from October 2023 to February 2024. Customers are primarily in northern India.
Key Dates:
- Open Date: September 09, 2024
- Close Date: September 11, 2024
- Allotment Date: September 12, 2024
- Listing Date: September 16, 2024
Share Samadhan Limited IPO
Share Samadhan Limited established in 2011, offers services to protect and recover investments. It operates through three main lines: Investment Retrieval Services for financial assets, Wealth Protection through the Wealth Samadhan Card, and litigation funding via Nyaya Mitra Limited. The company had 48 employees as of August 2024.
Key Dates:
- Open Date: September 09, 2024
- Close Date: September 11, 2024
- Allotment Date: September 12, 2024
- Listing Date: September 16, 2024
Gajanand International Limited IPO
Gajanand International Limited founded in 2009, specializes in sustainable and contamination-free cotton production. The company’s portfolio includes Mech1, Shankar6, DCH 32 cotton, and Khol. An annual capacity of 37,500 MT and a strategic location enhances scalability and market adaptability. As of March 2024, it employs 22 people.
Key Dates:
- Open Date: September 13, 2024
- Close Date: September 18, 2024
- Allotment Date: September 19, 2024
- Listing Date: September 23, 2024
Vision Infra Equipment Solutions Limited IPO
Vision Infra Equipment Solutions Limited founded in 2015, rents and reconditions road construction machinery for sectors like smart cities and railroads. It offers time-based and output-based pricing. The company operates a fleet of 326 machines from top OEMs and employs around 1,000 staff as of March 2024.
Key Dates:
- Open Date: September 13, 2024
- Close Date: September 17, 2024
- Allotment Date: September 18, 2024
- Listing Date: September 20, 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 |
| 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.
