IPOs are beneficial opportunities if you wish to become shareholders of promising companies at an early stage. The Securities and Exchange Board of India (SEBI) regulates IPOs in India to ensure transparency and investor protection.
By participating in an IPO in India, you can potentially benefit from the growth and success of these companies over time. Let’s look at the top 10 IPOs in India in 2024 and understand the process of investing in them.
Understanding Initial Public Offer (IPO) in India
An Initial Public Offering (IPO) is the first time a private company offers its shares to the public, allowing individuals to become shareholders.
When a company decides to go public, it hires investment banks or underwriters to underwrite the offering and facilitate the process. The company issues new shares to raise capital, which can be used for various purposes such as expansion, debt repayment, or working capital.
IPOs provide you an opportunity to buy shares in a company before they start trading on the stock exchange. This process enables the company to raise funds from the public and become listed on the stock exchange, offering liquidity to its shareholders.
List of Top 10 IPOs in India in 2024
| Company Name | Listing Date | Issue Price (Rs) | Current Price at BSE (Rs) | Gain (Rs) |
| Le Travenues Technology Limited | 18-06-2024 | 93.00 | 169.18 | 76.18 |
| SATTRIX INFORMATION SECURITY LIMITED | 12-06-2024 | 121.00 | 164.55 | 43.55 |
| Magenta Lifecare Limited | 12-06-2024 | 35.00 | 55.41 | 20.41 |
| KRONOX LAB SCIENCES LIMITED | 10-06-2024 | 136.00 | 152.05 | 16.05 |
| Associated Coaters Limited | 06-06-2024 | 121.00 | 220.00 | 99.00 |
| Awfis Space Solutions Limited | 30-05-2024 | 383.00 | 490.45 | 107.45 |
| Go Digit General Insurance Limited | 23-05-2024 | 272.00 | 336.70 | 64.70 |
| Aztec Fluids & Machinery Limited | 17-05-2024 | 67.00 | 77.10 | 10.10 |
| Aadhar Housing Finance Limited | 15-05-2024 | 315.00 | 396.05 | 81.05 |
| TBO TEK LIMITED | 15-05-2024 | 920.00 | 1,586.25 | 666.25 |
How to Invest in IPO India in 2024?
- Research: Understand the company issuing the IPO by researching its business model, financial health, and growth prospects.
- Open a Demat Account: If you don’t have one, open a Demat account with a registered Depository Participant (DP).
- Check Eligibility: Ensure you meet the eligibility criteria set by the company for investors. KYC should be approved while applying for an IPO.
- Apply for the IPO: Apply through your chosen broker or the company’s website by filling out an application form.
- Choose Bidding Method: Decide between Fixed Price or Book Building bidding methods.
- Place Your Bid: Enter your bid price and the number of shares you want to apply for.
- Make Payment: If successful, make the payment for the shares you’ve applied for.
- Allotment: Wait for shares to be allocated based on demand. If allotted, they’ll be deposited into your Demat account.
- Listing: Once listed, you can start trading your shares on the stock exchange.
- Monitor Your Investment: Keep track of the company’s performance and market trends to make informed decisions.
Conclusion
By conducting thorough research, you can make informed decisions and potentially benefit from these companies’ growth with their IPO. However, it’s essential to remember that investing in IPOs carries risks, and it’s advisable to seek guidance from a SEBI-registered advisory firm or financial advisor before making any investment decisions. Stay updated with market trends and company performance to ensure a successful investment journey in the stock market.
Reference Links:
https://www.chittorgarh.com/report/ipo-in-india-list-main-board-sme/82/
https://www.chittorgarh.com/report/top-10-mainline-ipo-by-performance-yearly-bse-nse/13/
https://www.5paisa.com/ipo/upcoming-ipo
https://www.chittorgarh.com/report/best-10-ipos-of-India-by-listing-gains-yearly/106/
https://groww.in/blog/upcoming-ipos-in-india
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