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Initial Public Offering is open to the public when a company sells its shares first time on the exchange. The stocks are bought by the investors and public. Then, they become the shareholders in the company. The investors and people invest in an upcoming IPO because they are able to buy the stock when it is underpriced and they don’t pay for the brokerages also. Forthcoming IPO stocks IPO stocks to keep watch for are:
Barbeque Nation Hospitality IPO: Heard of the most famous live Barbeque hotel chain? It is one of the most successful ventures in India. It is coming for a fresh issue and an offer to sell (OFS). The size of the issue is being approximated as more than 6500 Cr. Though the issue price is yet to be disclosed, this is the IPO worth watching. Their latest prospectus and financial performance are yet to arrive. This IPO can come anytime in December or next year. As per the Securities and Exchange Board of India, it is kept in abeyance pending the regulatory actions for the past violations. IIFL Holdings is the Book running leading manager (BRLM) for this IPO.
Reliance General Insurance IPO: This non-life insurance company is a part of Reliance capital. This company had filed for an IPO ion 10th Oct’17. It is coming for a fresh issue and an offer to sell (OFS). The size of the issue and the exact issue price is yet to be disclosed. This IPO will get listed on the Bombay Stock Exchange or National Stock Exchange. Their latest update on prospectus and financial data is yet to come. This IPO can come anytime in December. Motilal Oswal is the Book running leading manager (BRLM) for this IPO.
Hindustan Aeronautics: This IPO is coming for a fresh issue and an offer to sell (OFS). The size of the issue and the exact issue price is not known. This IPO can come anytime in December. SBI Capital is the Book running leading manager (BRLM) for this IPO.
Amber Enterprises: Amber IPO is coming for a fresh issue and an offer to sell (OFS). The size of the issue and the exact issue price is not updated as yet. Edelweiss Financial is the Book running leading manager (BRLM) for this IPO.
Gandhar Oil Refinery: Its IPO is coming for a fresh issue and an offer to sell (OFS). The size of the issue and the exact issue price is not updated as yet. This IPO will get listed on the Bombay Stock Exchange or the National Stock Exchange. This IPO can come anytime in December. SBI Capital is the Book running leading manager (BRLM) for this IPO.
Lemon Tree Hotels: Its IPO is coming for a fresh issue and an offer to sell (OFS). This IPO will get listed on the Bombay Stock Exchange or the National Stock Exchange. This IPO can come anytime in December. Kotak Capital is the Book running leading manager (BRLM) for this IPO.