• By Aditya Pratap Singh
  • Mon, 01 Jan 2024 03:23 PM (IST)
  • Source:JND
Add as a preferred

IPO In 2024: The year 2023 has been a phenomenal year for stock market investors. Amid the bullish run, investors got a lot of opportunity to bid in Initial Public Offerings (IPO). According to data on Chittorgarh.com, a total of 57 public issues raised Rs 49,437 crore this year.

Now, as we enter the new year 2024, the buzz around IPOs is likely to remain high as offerings of many big companies are in line.

Here is the list of upcoming IPOs this year based on available BSE data and media reports.

Also Read: HFCL Receives Rs 1,127 Cr Order To Transform BSNL's Optical Transport Network


First cry

Omnichannel retailer FirstCry has filled its documents draft after postponing its public listing earlier this year, according to a report by The Economic Times. The IPO of the e-commerce site may be open early this year.

Ola Electric

Ola Electric, Ola's electric vehicle subsidiary, is set to become one of the most anticipated initial public offerings (IPO) of 2024. The company is targeting a fundraising range of between $700 million and $800 million with its offering

Akash

Akash, which was acquired by edtech major Byju's in 2021 for a whopping $950 million, is gearing up to launch its initial public offering (IPO) this year.

PhonePe

PhonePe, a market leader in India's digital payments industry, is eyeing an initial public offering (IPO) in 2024-2025. Boosted by a $200 million investment from Walmart, PhonePe is currently in the process of raising a substantial $2 billion in funding.

Oyo

Oyo Rooms' long-awaited initial public offering (IPO) has been significantly delayed as the travel booking platform attempts to raise public financing to significantly pay down its debt.

Swiggy

Swiggy, a leading food delivery company in the country, is set to go public in 2024. With a valuation of $10.7 billion, the company occupies a dominant position in India's home food delivery market.

Also Read: Bank Of Baroda Offers Highest Interest Rate On FDs; Check New Interest Rates