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  • Upcoming IPO
  • Recently Listed IPOs
  • About IPO Investment
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Invest in IPO - Initial Public Offering

Grab the opportunity to invest in upcoming IPOs with Axis Direct. Benefit from our seamless online IPO application process and research tools to make informed investment decisions.

About IPO

An Initial Public Offering (IPO) is when a private company offers its shares to the public for the first time. It is also referred to as "going public". Through an IPO, a company raises capital by issuing shares and allowing public trading of its stock. The company sells some of its ownership to public investors to fund expansion and growth.

A fundamentally sound company's Initial Public Offering (IPO) offers the chance for common investors to participate in its growth from the start by purchasing shares and holding a small ownership position.

Through an IPO, companies access the share markets to raise money. The money obtained could be used for a variety of company needs, including capacity development, product diversification, expansion into a new market, a substantial R&D project, merger and acquisition activities, etc.

The disclosure of proposed usage of the funds is mentioned in the issue prospectus.

IPOs provide a great opportunity for wealth creation as well as portfolio diversification.


With Axis Direct #IPOInvestingMadeSimpler

Current IPO

There are several IPOs currently open and accepting applications from investors. These are new public issues of companies across various sectors like technology, manufacturing, infrastructure, finance, etc. Current IPOs provide an opportunity for investors to invest in the growth story of companies at an early stage. Research well and identify fundamentally strong companies with good prospects.

Company Name
NTPC Green Energy Ltd
Bid Date
19-Nov-2024
Close Date
22-Nov-2024
Price Range
₹ 102 - ₹ 108
Issue Size (Cr)
₹ 10000
Apply Now

Upcoming IPOs

In addition to the currently open IPOs, there is a robust line-up of new IPOs. These include both traditional business companies as well as new-age technology startups. With strong growth prospects and attractive valuations, upcoming IPOs offer lucrative investment opportunities for informed investors. Track upcoming IPOs and be ready to grab the right opportunities.

Company Name
Enviro Infra Engineers Ltd
Bid Date
22-Nov-2024
Close Date
26-Nov-2024
Price Range
₹ 140 - ₹ 148
Issue Size (Cr)
₹ 615.27
Pre - Apply Now

Recently Listed IPOs

Many companies that have recently completed their IPOs are now listed on the stock exchanges. These newly listed companies provide a chance to invest after gauging initial public response and financial performance post-listing. Review the company's quarterly results, growth plans, financial standing etc, before investing in a recently listed IPO.

Top Performing IPOs
Bottom Performing IPOs
Company Name
Indian Renewable Energy Development Agency Ltd
Listing Date
29-Nov-2023
Listing Price
₹ 50
Today's Gain (%)
-2.30
Last Trading Price
₹ 185.78
Change Since Listing (%)
271.56

Invest »

Company Name
Jyoti CNC Automation Ltd
Listing Date
16-Jan-2024
Listing Price
₹ 372
Today's Gain (%)
4.22
Last Trading Price
₹ 1217.15
Change Since Listing (%)
227.19

Invest »

Company Name
Azad Engineering Ltd
Listing Date
28-Dec-2023
Listing Price
₹ 710
Today's Gain (%)
2.68
Last Trading Price
₹ 1618.45
Change Since Listing (%)
127.95

Invest »

Company Name
Innova Captab Ltd
Listing Date
29-Dec-2023
Listing Price
₹ 456.1
Today's Gain (%)
3.31
Last Trading Price
₹ 962.6
Change Since Listing (%)
111.05

Invest »

Company Name
Doms Industries Ltd
Listing Date
20-Dec-2023
Listing Price
₹ 1400
Today's Gain (%)
4.67
Last Trading Price
₹ 2854.8
Change Since Listing (%)
103.91

Invest »

Company Name
J.G.Chemicals Ltd
Listing Date
13-Mar-2024
Listing Price
₹ 211
Today's Gain (%)
1.55
Last Trading Price
₹ 419.4
Change Since Listing (%)
98.77

Invest »

Company Name
Platinum Industries Ltd
Listing Date
05-Mar-2024
Listing Price
₹ 228
Today's Gain (%)
-1.72
Last Trading Price
₹ 416.2
Change Since Listing (%)
82.54

Invest »

Company Name
Bharti Hexacom Ltd
Listing Date
12-Apr-2024
Listing Price
₹ 755.2
Today's Gain (%)
-2.32
Last Trading Price
₹ 1363.5
Change Since Listing (%)
80.55

Invest »

Company Name
RBZ Jewellers Ltd
Listing Date
27-Dec-2023
Listing Price
₹ 100
Today's Gain (%)
-1.99
Last Trading Price
₹ 180.1
Change Since Listing (%)
80.10

Invest »

Company Name
Epack Durable Ltd
Listing Date
30-Jan-2024
Listing Price
₹ 225
Today's Gain (%)
-1.52
Last Trading Price
₹ 405
Change Since Listing (%)
80.00

Invest »

Company Name
Suraj Estate Developers Ltd
Listing Date
26-Dec-2023
Listing Price
₹ 343.8
Today's Gain (%)
-2.20
Last Trading Price
₹ 579.5
Change Since Listing (%)
68.56

Invest »

Company Name
Diffusion Engineers Ltd
Listing Date
04-Oct-2024
Listing Price
₹ 188
Today's Gain (%)
-4.07
Last Trading Price
₹ 313.15
Change Since Listing (%)
66.57

Invest »

Company Name
AWFIS Space Solutions Ltd
Listing Date
30-May-2024
Listing Price
₹ 432.25
Today's Gain (%)
0.93
Last Trading Price
₹ 676.6
Change Since Listing (%)
56.53

Invest »

Company Name
Orient Technologies Ltd
Listing Date
28-Aug-2024
Listing Price
₹ 290
Today's Gain (%)
0.72
Last Trading Price
₹ 447
Change Since Listing (%)
54.14

Invest »

Company Name
KRN Heat Exchanger and Refrigeration Ltd
Listing Date
03-Oct-2024
Listing Price
₹ 470
Today's Gain (%)
-2.94
Last Trading Price
₹ 715.4
Change Since Listing (%)
52.21

Invest »

Company Name
Gala Precision Engineering Ltd
Listing Date
09-Sep-2024
Listing Price
₹ 750
Today's Gain (%)
-3.34
Last Trading Price
₹ 1071.7
Change Since Listing (%)
42.89

Invest »

Company Name
SRM Contractors Ltd
Listing Date
03-Apr-2024
Listing Price
₹ 225
Today's Gain (%)
-0.08
Last Trading Price
₹ 314.7
Change Since Listing (%)
39.87

Invest »

Company Name
Aadhar Housing Finance Ltd
Listing Date
15-May-2024
Listing Price
₹ 314.3
Today's Gain (%)
0.33
Last Trading Price
₹ 425.65
Change Since Listing (%)
35.43

Invest »

Company Name
Inox India Ltd
Listing Date
21-Dec-2023
Listing Price
₹ 933.15
Today's Gain (%)
-2.85
Last Trading Price
₹ 1146.9
Change Since Listing (%)
22.91

Invest »

Company Name
Gopal Snacks Ltd
Listing Date
14-Mar-2024
Listing Price
₹ 350
Today's Gain (%)
-0.96
Last Trading Price
₹ 430
Change Since Listing (%)
22.86

Invest »

Company Name
Medi Assist Healthcare Services Ltd
Listing Date
23-Jan-2024
Listing Price
₹ 465
Today's Gain (%)
-1.50
Last Trading Price
₹ 552.15
Change Since Listing (%)
18.74

Invest »

Company Name
Bansal Wire Industries Ltd
Listing Date
10-Jul-2024
Listing Price
₹ 352.05
Today's Gain (%)
-0.01
Last Trading Price
₹ 413.4
Change Since Listing (%)
17.43

Invest »

Company Name
Interarch Building Products Ltd
Listing Date
26-Aug-2024
Listing Price
₹ 1291.2
Today's Gain (%)
-4.97
Last Trading Price
₹ 1468.5
Change Since Listing (%)
13.73

Invest »

Company Name
Afcons Infrastructure Ltd
Listing Date
04-Nov-2024
Listing Price
₹ 430.05
Today's Gain (%)
1.37
Last Trading Price
₹ 486.7
Change Since Listing (%)
13.17

Invest »

Company Name
Go Digit General Insurance Ltd
Listing Date
23-May-2024
Listing Price
₹ 281.1
Today's Gain (%)
0.54
Last Trading Price
₹ 317.55
Change Since Listing (%)
12.97

Invest »

Company Name
TBO Tek Ltd
Listing Date
15-May-2024
Listing Price
₹ 1380
Today's Gain (%)
2.20
Last Trading Price
₹ 1557.95
Change Since Listing (%)
12.89

Invest »

Company Name
Bharat Highways InvIT
Listing Date
12-Mar-2024
Listing Price
₹ 101
Today's Gain (%)
0.21
Last Trading Price
₹ 113.88
Change Since Listing (%)
12.75

Invest »

Company Name
Waaree Energies Ltd
Listing Date
28-Oct-2024
Listing Price
₹ 2550
Today's Gain (%)
-3.05
Last Trading Price
₹ 2813.35
Change Since Listing (%)
10.33

Invest »

Company Name
Premier Energies Ltd
Listing Date
03-Sep-2024
Listing Price
₹ 991
Today's Gain (%)
-0.47
Last Trading Price
₹ 1088.65
Change Since Listing (%)
9.85

Invest »

Company Name
Rashi Peripherals Ltd
Listing Date
14-Feb-2024
Listing Price
₹ 335
Today's Gain (%)
-0.59
Last Trading Price
₹ 364.85
Change Since Listing (%)
8.91

Invest »

Company Name
Sanstar Ltd
Listing Date
26-Jul-2024
Listing Price
₹ 106.4
Today's Gain (%)
-0.31
Last Trading Price
₹ 114.25
Change Since Listing (%)
7.38

Invest »

Company Name
Happy Forgings Ltd
Listing Date
27-Dec-2023
Listing Price
₹ 1001.25
Today's Gain (%)
-1.32
Last Trading Price
₹ 1066.75
Change Since Listing (%)
6.54

Invest »

Company Name
Le Travenues Technology Ltd
Listing Date
18-Jun-2024
Listing Price
₹ 135
Today's Gain (%)
-1.12
Last Trading Price
₹ 142.15
Change Since Listing (%)
5.30

Invest »

Company Name
Nova Agritech Ltd
Listing Date
31-Jan-2024
Listing Price
₹ 56
Today's Gain (%)
-3.22
Last Trading Price
₹ 58.94
Change Since Listing (%)
5.25

Invest »

Company Name
Jana Small Finance Bank Ltd
Listing Date
14-Feb-2024
Listing Price
₹ 396
Today's Gain (%)
-0.39
Last Trading Price
₹ 413.75
Change Since Listing (%)
4.48

Invest »

Company Name
India Shelter Finance Corporation Ltd
Listing Date
20-Dec-2023
Listing Price
₹ 612.7
Today's Gain (%)
-1.42
Last Trading Price
₹ 640
Change Since Listing (%)
4.46

Invest »

Company Name
Entero Healthcare Solutions Ltd
Listing Date
16-Feb-2024
Listing Price
₹ 1245
Today's Gain (%)
-3.36
Last Trading Price
₹ 1293.05
Change Since Listing (%)
3.86

Invest »

Company Name
Exicom Tele-Systems Ltd
Listing Date
05-Mar-2024
Listing Price
₹ 264
Today's Gain (%)
-3.90
Last Trading Price
₹ 265.95
Change Since Listing (%)
0.74

Invest »

Benefits of Investing in IPO

Early-Stage Investment

Investing in an Initial Public Offering (IPO) presents a unique chance to purchase shares at the inception of a company's public journey. This early investment phase is significant because the shares may be priced more modestly than their future market potential. It is a chance to get in on the ground floor and potentially benefit from the company's growth trajectory.

Strong Growth Potential

IPOs are often launched by companies poised for rapid expansion, which can lead to a substantial increase in stock value over time. A well-chosen IPO investment can result in significant returns if the company achieves its growth targets. For investors, this means a valuable opportunity for wealth accumulation as the company evolves and matures in the public market.

Diversification

Incorporating IPOs into an investment portfolio allows for diversification, which is a fundamental strategy for managing risk. IPO investments can introduce a fresh mix of equities from different industries and with varying market capitalisations. This diversity helps to mitigate the risks associated with market fluctuations and sector-specific downtrends, ensuring a more stable investment base.

Liquidity

Liquidity is a crucial advantage of investing in publicly listed companies. Once the company lists its shares on the stock exchange post-IPO, they can be easily bought or sold. This level of liquidity offers investors the flexibility to swiftly react to market changes—whether to capitalise on profits or to limit losses.

Transparency

Incorporating IPOs into an investment portfolio allows for diversification, which is a fundamental strategy for managing risk. IPO investments can introduce a fresh mix of equities from different industries and with varying market capitalisations. This diversity helps to mitigate the risks associated with market fluctuations and sector-specific downtrends, ensuring a more stable investment base.

Price Advantage

IPO stocks are often offered at a price that may be lower than the market is willing to pay once the shares are publicly traded. This "IPO discount" can provide an immediate benefit to initial investors. The pricing is typically determined by the underwriters' analysis and the company's desire to ensure a successful launch, which can result in an attractive entry point for investors.

Access to Pre-IPO Shares through Anchor Investments

Certain investors can purchase shares before the actual IPO through what is known as anchor investments. These are often reserved for institutional investors or high-net-worth individuals and can offer shares at a fixed price before the public offering. This early access can be advantageous, as it often comes with a commitment to hold the shares for a certain period, signalling confidence in the company's potential.

Why invest in an Initial Public Offering with Axis Direct?

Integrated Online Platform

Axis Direct offers an integrated online platform allowing seamless investment experiences, making investing in IPOs efficient and user-friendly.

Effortless Investment Process

With Axis Direct, you can invest in IPOs effortlessly using their web interface or mobile app, both designed for easy navigation. The process of filling out application forms, uploading necessary documents, and completing payments is streamlined for your convenience.

Research Tools Suite

Moreover, the platform provides a suite of research tools to enhance your investment decisions. These include an IPO Calendar to keep track of upcoming opportunities, a dedicated IPO Center with all the latest information, detailed reports and analysis to gauge the potential of IPOs, and comprehensive ratings to help assess risks and opportunities.

Hassle-free Account Opening

For those who haven't yet entered the market, Axis Direct enables quick online demat account opening. Using Aadhaar-based eKYC, you can open a Demat account instantly and without paperwork, allowing you to start investing without delay.

Competitive and Transparent Pricing

Axis Direct is committed to competitive and transparent pricing. We offer clear, low charges, ensuring that your investment costs are minimal. This competitive pricing structure means that more money goes into your investments rather than being spent on fees.

Learn More About IPO Investment

Gain insights on IPOs and make prudent investment decisions. Learn from our research reports, analysis, news and educational articles on IPO investing.

Why Does a Company Offer an IPO?

Companies opt to offer Initial Public Offerings (IPOs) for a multitude of strategic reasons. Firstly, IPOs serve as a means to raise substantial capital essential for fueling growth initiatives and funding expansion plans. Additionally, they provide early investors and shareholders with the opportunity for liquidity and an exit strategy.

By diluting the promoter stake, companies restructure ownership, while also allowing market forces to determine the value of the company, aiding in value discovery. Beyond financial aspects, IPOs enhance a company’s brand visibility, credibility, and public profile.

Simultaneously, going public helps meet compliance norms set by regulatory authorities, establishing transparency and trust within the market.

How does an IPO work?

The IPO process involves the following key steps:

The company appoints investment banks as book runners to manage the IPO.

Regulatory filings like DRHP are made to SEBI containing business details.

Company management conducts roadshows to generate interest amongst investors.

SEBI approves the IPO, and the share price band is decided.

The public issue opens for investor applications supported by price band advertisements.

The bidding process gets completed, and shares are allotted to successful bidders.

The company gets listed on the stock exchanges for trading.

Applying for an IPO with Axis Direct?

Applying for an IPO with Axis Direct is quick and convenient:

Open a Demat account: Open a 3-IN-1 Demat, Trading and Savings account online instantly with Axis Direct to start applying for IPOs.

Identify upcoming IPOs: Use our IPO calendar to track upcoming IPOs. Research company details, business model, financials etc.

Fill out the application form: Log in to your trading account and navigate to the IPO section. Select the IPO you want to apply for and complete the application form online by providing details like name, quantity of shares, bid price, etc.

Make payment: You can make payment for the IPO application seamlessly via net banking or UPI.

Check allotment status: You can check the status of your IPO share allotment online on the Axis Direct platform.

IPO Eligibility Criteria & Requirements

When it comes to investing in Initial Public Offerings (IPOs), there are several eligibility criteria and requirements that must be met. Here’s an expanded explanation of each requirement:

Demat Account

A Demat account is a prerequisite for investing in IPOs to hold shares electronically after allocation. It's essential to have a Demat account with a registered Depository Participant (DP) before applying for an IPO.

PAN Card

The Permanent Account Number (PAN) card serves as a primary identity proof and is mandatory for all financial transactions that exceed a specified limit. It is also required for KYC (Know Your Customer) compliance when opening a Demat account and applying for an IPO.

UPI ID

For retail investors, a UPI (Unified Payments Interface) ID is crucial to facilitate secure and quick transactions online. This ID is used to block funds when applying for an IPO and to make payments upon allotment seamlessly.

Bank Account

Investors must have a savings bank account for the financial transactions involved in the IPO process. This account is linked to the Demat account. It is used for refunding the application money in case of no allotment and for receiving dividends or other cash benefits after the shares are allotted.

IPO investment: Things You Should Know Before Investing

When considering an investment in an Initial Public Offering (IPO), it is essential to conduct a comprehensive analysis. Here are the crucial factors to consider:

Company’s Business Model

Evaluate the company's core operations, the sustainability of its business model, and how it generates revenue. Consider the uniqueness of its offerings, market demand, scalability, and competitive positioning. A robust business model that can withstand economic fluctuations and maintain a competitive edge indicates long-term growth potential.

Financial Performance

Examine historical financial data, including income statements, balance sheets, and cash flow statements. Key performance indicators (KPIs) such as EBITDA, net profit margins, and year-over-year growth rates provide insight into the company’s financial health. Analysing these metrics helps assess whether the company has a solid track record of profitability and prudent financial management.

Management Track Record

The company’s leadership is pivotal to its success. Scrutinise the experience, expertise, and past performance of the company's promoters and executive team. Strong leadership with a clear vision and a history of executing business plans successfully can significantly enhance investor confidence.

Valuations

Determine the company's market value by analysing its price-to-earnings (P/E) ratio, price-to-book (P/B) ratio, and other valuation multiples compared to its peers. Valuations that align with or below industry averages may indicate a good investment opportunity, while significantly higher valuations require a deeper analysis to justify the premium.

Use of Funds

Review the company’s stated objectives for the capital raised through the IPO. Ensure that the deployment of funds aligns with business growth, such as expansion plans, debt reduction, or research and development. The clarity and rationale behind the use of proceeds can reflect the strategic direction and future financial health of the company.

Risk Factors

RHP contains a section outlining potential risks to the business. These can range from market risks to specific operational risks. Understand these risks and the company's strategies to mitigate them. A company that acknowledges its risks and has a clear mitigation plan is generally considered more trustworthy.

Aftermarket Performance

While past performance is not indicative of future results, it can provide some insight into how newly listed stocks perform. Research the aftermarket performance of past IPOs in the same sector to gauge post-listing volatility and market reception.

Lock-in Period

There may be restrictions on the sale of shares post-IPO, particularly for promoters and certain early investors. Familiarise yourself with any lock-in periods that may affect the liquidity and trading volume of the shares. Knowing when these shares will be available in the open market is essential, as it can increase market volatility.

IPO FAQs

What is IPO?
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An initial public offering is when a private firm offers its first equity to the general public (IPO). A company's ownership is essentially changing from private ownership to public ownership through an IPO. Because of this, the IPO procedure is occasionally referred to as "going public."
Why does company launch an IPO?
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An IPO is a big step for a company as it provides the company with access to raising a lot of money. This gives the company a greater ability to grow and expand. The increased transparency and share listing credibility can also be a factor in helping it obtain better terms when seeking borrowed funds as well.
Who can invest in an IPO?
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Any individual or entity with a valid PAN, demat, and trading account can invest in an IPO. Certain IPOs may have eligibility criteria set by the issuing company.
What happens after the IPO period?
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The company and the underwriters will decide how many shares to allot to each investor once the IPO price is set. Partial allotments will be made if there is an over-subscription. Within 10 working days of the final bid date, the IPO equities are typically distributed to the winning bidders.

After allotment of shares, shares are listed on the exchanges. After the listing shares are traded freely in the market during market hours.
How to apply for IPO with Axis Securities? ( WhatsApp/ Ring Mobile/ Swift Trade/ IVR)
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1.WhatsApp- Send a “Hi” to +91 89769 00911

2. Ring Mobile App- Login to Ring Mobile App and visit to Investing Section

Select IPO and Click on Apply Now. Click Here

3.Web Platform/ Swift Trade- Login to Platform Here

4. Dedicated Calling Facility-

Call on 022 - 61480808/41508080

When calling from your registered number, press 1 and then press 3

Follow the instructions communicated over the call
What is the IPO subscription period?
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The IPO subscription period is the timeframe when investors can apply for shares before they are listed on the exchange. It's crucial to apply within this time frame to participate in the IPO.
How to apply for IPO on Axis Direct?
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To apply for an IPO on Axis Direct, log in to your account, navigate to the 'IPO' section, select the IPO, enter the details, pay the amount and submit your application.
What is the IPO application process?
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The IPO application process involves selecting an IPO, entering the number of shares and the bid price, and then submitting the form through your broker or bank.
Where can I find the list of upcoming IPOs?
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The list of upcoming IPOs can be found on stock exchange websites, brokerage platforms like Axis Direct, financial news portals, and SEBI's official site.

DISCLAIMER

DISCLAIMER: Axis Direct is a brand under which Axis Securities Limited offers its retail broking and investment services. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing. This information is only for consumption by the client and such material should not be redistributed. Disclaimer & Statutory Information