Upcoming IPOs
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Benefits of Investing in Upcoming IPOs
Opportunity to Invest
Investors can view an IPO as an opportunity to become shareholders, subject to allotment.
Access to Emerging Businesses
With the latest IPOs, investors can invest in issuers that may belong to a variety of industries and business segments.
Portfolio Diversification
Adding newly listed companies can help diversify investment portfolios across sectors.
Potential Listing Gains
In some cases, IPOs may list at a premium depending on market demand.
What Are Upcoming IPOs?
Upcoming IPOs refer to companies that are planning to launch their public issue in the near future on the stock exchanges like NSE (National Stock Exchange) and BSE (Bombay Stock Exchange).
Investors often track the upcoming IPO list to stay informed about companies planning to enter the public markets.These may include well-established businesses or emerging companies seeking capital for expansion, debt repayment, or other corporate purposes.
Monitoring the new upcoming IPOs helps investors stay informed about new investment opportunities and evaluate the company’s disclosures, business model, and offering details.
Difference between Main Board IPO & SME IPO
While mainboard IPOs often attract larger institutional and retail participation, SME IPOs allow smaller companies to raise capital from public markets.
| Feature | Mainboard IPO | SME IPO |
|---|---|---|
| Minimum Investment | Generally lower | Usually higher |
| Company Size | Larger companies | Small and medium enterprises |
How to Invest in an Upcoming IPO?
Open a Demat and Trading Account
Open a Demat and trading account with Anand Rathi and complete your KYC verification to get started.
Check the Upcoming IPO List
Visit the IPO section to explore the latest upcoming IPOs and find related details like issue dates, price band, lot size, and company information.
Apply for the IPO Online
- Log in to your Anand Rathi investment platform.
- Select the IPO you want to invest in.
- Enter the number of shares (lots) and place your bid within the specified price band (for book-built IPOs).
Allotment and Listing
If shares are allotted, they will be credited to your Demat account before listing on the exchange.
Track Allotment Status
Monitor & track your IPO allotment status and listing updates through the TradeMobi platform.
What Is the Eligibility Criteria for an Entity to Launch a Mainboard IPO?
Before a company appears on the upcoming IPO list, it must meet several eligibility requirements prescribed by the Securities and Exchange Board of India (SEBI) and stock exchanges such as NSE and BSE. Some of the key eligibility conditions include the following:
1.
Financial Track Record
Companies must demonstrate financial stability before going public. Audited financial statements for the past 3 financial years must be submitted. The company should have a positive net worth if the IPO size is below ₹500 crore.
1.
Financial Track Record
Companies must demonstrate financial stability before going public. Audited financial statements for the past 3 financial years must be submitted. The company should have a positive net worth if the IPO size is below ₹500 crore.
2.
Profitability Route (Entry Norm I)
Companies can launch an IPO through the profitability route if they meet: minimum ₹3 crore net tangible assets in each of the last 3 years, at least ₹15 crore operating profit in 3 of the last 5 years, and IPO size cannot exceed 5× the pre-issue net worth.
3.
QIB Route (Entry Norm II)
Companies that do not meet profitability criteria may still launch an IPO through the Qualified Institutional Buyer (QIB) route. The IPO must follow the book-building process and minimum 75% of the issue must be allocated to QIBs.
4.
Promoter & Compliance Requirements
Promoters and directors must not be barred by SEBI from accessing capital markets. They should not be wilful defaulters or fugitive economic offenders. Promoters must hold at least 20% post-issue equity and have 3 years of industry experience.
5.
Minimum Capital & Market Requirements
To qualify for a mainboard listing: minimum paid-up capital after IPO of ₹10 crore, minimum issue size of ₹10 crore, and minimum market capitalisation of ₹25 crore.
6.
Insolvency & Legal Status
The company must confirm that no proceedings are pending under the Insolvency and Bankruptcy Code (IBC) and no winding-up petition has been filed by the NCLT.
7.
Demat & Depository Requirements
Before launching the IPO, the company must have arrangements with NSDL or CDSL for dematerialisation, and promoter shares must be held in demat form.
8.
Exchange Approval & Listing Process
The company must apply to stock exchanges and select one as the Designated Stock Exchange. The IPO process typically includes in-principle approval, issue opening, basis of allotment, and listing and trading approval.
9.
Issue Deposit Requirement
Before the IPO opens, the company must deposit 1% of the issue amount with the respective designated stock exchange.
Risks of Investing in an Upcoming IPO
While upcoming IPOs can offer investment opportunities, they also carry certain risks that investors should be aware of before applying.
Some companies may have limited operating history as a listed entity. Without a track record of post-listing performance, it can be difficult for investors to assess how the stock may behave after listing.
Important Details to Check Before Investing in an Upcoming IPO
Before applying for any IPO, carefully review the key details in the company's Red Herring Prospectus (RHP). Some IPO details to consider include:
Company Financials
Check the company's revenue growth, profitability, and debt levels to assess financial stability.
Key Financial Metrics
Review important indicators such as earnings, margins, and return ratios.
Business Model
Understand how the company operates, generates revenue, and its long-term sustainability.
Purpose of the IPO
Companies may raise funds for expansion, debt repayment, acquisitions, or working capital. This helps indicate future growth plans.
Promoter Background & Shareholding
Evaluate the experience, credibility, and stake of promoters, including any significant sell-off in the IPO.
Valuation vs Industry Peers
Compare the company's valuation with listed peers to judge whether the issue is fairly priced.
Industry Outlook
Assess whether the sector has strong growth potential or faces challenges.
Institutional & Anchor Investor Participation
It is one of several data points investors may review while analysing an IPO.
Minimum Investment Required for an IPO
IPO investments are made in lots, which represent a fixed number of shares.
The minimum investment to invest in an IPO depends on:
- Issue price band
- Lot size defined by the company
- Category of investor (retail, HNI, institutional)
Points to Consider Before Applying for an IPO
Before you invest in an IPO, evaluate several important factors, like:
- Industry growth potential
- Competitive positioning in the market
- Financial performance
- IPO pricing and reasonable valuation compared to industry peers
- Overall market conditions
Frequently Asked Questions
Your Questions, Answered
- You can check the latest IPO list on the Anand Rathi website or through the TradeMobi app, where key details such as issue dates, price bands, and lot sizes are updated regularly.
- The IPO listing date is the day when a company's shares will be listed on the stock exchange (NSE or BSE) after the IPO process is completed.
- IPO allotment is decided based on the subscription level and the SEBI guidelines. If an IPO is oversubscribed, shares are allotted through a lottery-based system for retail investors.
- Yes, retail investors can apply for most mainboard IPOs, provided they have a Demat and trading account with Anand Rathi and complete KYC verification.
- If you do not receive an allotment, the blocked amount in your bank account is automatically released, and no funds are deducted.
- Yes, beginners can invest in IPO investments, but it is important to review the company's financials, business model, and valuation before applying, as IPOs are not risk-free.
- Upcoming IPOs are companies planning to launch their public issue soon, while newly listed IPOs are companies whose shares have already started trading on the stock exchange.
- Investors can track new latest IPO announcements through the Anand Rathi IPO section, stock exchange websites, and regulatory filings such as DRHP submissions to SEBI.
- Typically, shares are listed within 3–6 working days after the IPO closes, once the allotment process is completed.
- Yes, IPO dates may change due to regulatory approvals, market conditions, or company decisions. You can check the updated IPO schedule on this page, the Anand Rathi platform (TradeMobi app), or exchanges.