Upcoming IPOs in India for September 2024: Key Investment Opportunities
The Indian IPO market continues to thrive, with multiple companies set to go public in September 2024. Investing in Initial Public Offerings (IPOs) presents a significant opportunity for retail and institutional investors to participate in the growth of emerging companies, while potentially benefiting from long-term capital appreciation.
What is an IPO? An Initial Public Offering (IPO) is the process where companies offer their shares to the public for the first time. Companies typically raise funds through IPOs to support business expansion, capex (capital expenditure) needs, debt repayment, and other corporate purposes. With the Indian stock market seeing a surge of new IPO filings, this month is packed with exciting investment prospects.
Main Board IPOs in September 2024
-
Gala Precision Engineering Limited IPO
- IPO Date: September 2, 2024, to September 4, 2024
- Issue Size: ₹167.93 crores
- Price Band: ₹503 to ₹529 per share
- Minimum Investment: ₹14,812 (28 shares per lot)
- Allotment Date: September 5, 2024
- Listing Date: September 9, 2024 (BSE, NSE)
Gala Precision Engineering, a manufacturer of precision components, is launching its IPO with a fresh issue of ₹135.34 crores and an offer for sale of ₹32.59 crores.
-
Shree Tirupati Balajee Agro Trading Company Limited IPO
- IPO Date: September 5, 2024, to September 9, 2024
- Issue Size: ₹169.65 crores
- Price Band: To be announced
- Allotment Date: September 10, 2024
- Listing Date: September 12, 2024 (BSE, NSE)
-
Bajaj Housing Finance Limited IPO
- IPO Date: September 9, 2024, to September 11, 2024
- Issue Size: ₹6,560.00 crores
- Price Band: ₹66 to ₹70 per share
- Allotment Date: September 12, 2024
- Listing Date: September 16, 2024 (BSE, NSE)
-
Tolins Tyres Limited IPO
- IPO Date: September 9, 2024, to September 11, 2024
- Issue Size: ₹203.00 crores
- Price Band: ₹215 to ₹226 per share
- Minimum Investment: ₹14,916 (66 shares per lot)
- Allotment Date: September 12, 2024
- Listing Date: September 16, 2024 (BSE, NSE)
-
Kross Limited IPO
- IPO Date: September 9, 2024, to September 11, 2024
- Issue Size: ₹500.00 crores
- Price Band: Yet to be announced
- Allotment Date: September 12, 2024
- Listing Date: September 16, 2024 (BSE, NSE)
SME IPOs in September 2024
-
Jeyyam Global Foods Limited IPO
- IPO Date: September 2, 2024, to September 4, 2024
- Issue Size: ₹81.94 crores
- Price Band: ₹59 to ₹61 per share
- Minimum Investment: 2,000 shares per lot
- Allotment Date: September 5, 2024
- Listing Date: September 9, 2024 (NSE SME)
-
Namo eWaste Management Limited IPO
- IPO Date: September 4, 2024, to September 6, 2024
- Issue Size: ₹61.25 crores
- Price Band: ₹80 to ₹85 per share
- Minimum Investment: 1,600 shares per lot
- Allotment Date: September 9, 2024
- Listing Date: September 11, 2024 (NSE SME)
-
Mach Conferences and Events Limited IPO
- IPO Date: September 4, 2024, to September 6, 2024
- Issue Size: ₹125.28 crores
- Price Band: ₹214 to ₹225 per share
- Minimum Investment: 600 shares per lot
- Allotment Date: September 9, 2024
- Listing Date: September 11, 2024 (BSE SME)
-
Excellent Wires and Packaging Limited IPO
- IPO Date: September 11, 2024, to September 13, 2024
- Issue Size: ₹12.60 crores
- Price: ₹90 per share
- Minimum Investment: 1,600 shares per lot
- Allotment Date: September 16, 2024
- Listing Date: September 19, 2024 (NSE SME)
Why Invest in IPOs?
Investing in IPOs offers an opportunity to buy shares at their initial price before they become available on the open market, potentially offering a significant upside. Companies typically use IPO proceeds for business expansion, infrastructure development, and debt repayment, all of which can contribute to long-term growth.
Disclaimer: This blog is for informational purposes only and should not be construed as financial advice. Always consult a certified financial advisor before making any investment decisions. IPO details and dates mentioned are subject to change.
Post Comment