Following the IPO announcement is a way to learn about new and undiscovered companies with excellent potential for growth in the future. Releasing an IPO is a method used by unlisted companies to seek listing on the exchange and raise funds from the market to fuel their expansion plans.
For investors, IPOs are excellent for short and long-term benefits. A new company receiving fresh capital can hit the growth path and fulfil expansion plans to generate long-term capital appreciation for its investors. In the short run, investors can profit from listing gains when the IPO opens on the exchange at a premium.
Issuing an IPO is a notable milestone for a company. Here is a list of new IPOs in August that you can explore to diversify your portfolio:
| Company Name | IPO Size in ₹ crore | Release Date |
| Tata Technologies Ltd. | Not announced | Not announced |
| PharmEasy | 6250 | Not announced |
| GPT Healthcare | 450-500 | Not announced |
| Signatureglobal India | 1000 | Not announced |
| NSDL | Not announced | Not announced |
| SBFC Finance | 1200 | Not announced |
Tata Technologies plans to release 9.57 crore equity shares in an IPO for an undisclosed amount. Tata Technologies is a subsidiary of Tata Motors. The IPO is a pure offer for the sale of equity shares. The selling partners include Tata Motors, Alpha TC Holdings Pte, and Tata Capital Growth Fund-I.
Tata Technologies is the automotive design unit of Tata Motors. It offers engineering, research, and development services in the automotive, aerospace, and software spaces in 27 countries.
The IPO date has not yet been announced.
API Holdings, the parent company of PharmEasy, has filed a DRHP with SEBI for ₹6,250 crore IPO.
PharmEasy is India’s largest digital healthcare platform based on GMV. The company offers an integrated, end-to-end platform to cater to customers’ healthcare needs across critical stages of teleconsultation, diagnostics and radiology tests, delivering treatment protocols including products and devices, etc.
The PharmEasy IPO is a 100% fresh issue IPO. However, the company has not released the IPO dates.
GPT Healthcare operates a chain of hospitals under the brand name ILS Hospital. It currently has 4 hospitals: 3 in West Bengal and 1 in Agartala, Tripura.
GPT Healthcare has filed a DRHP to raise ₹450-500 crore through an IPO. The offer comprises fresh issues worth ₹17.5 crore, and the rest will be an offer for sale of up to 29.89 million equity shares.
The real estate firm, Signatureglobal India, has received approval from SEBI to launch a ₹1,000 crore IPO. The IPO will comprise fresh issues of equity shares up to ₹750 crore. The remaining ₹250 crore will be an offer for the sale of shares from the existing stakeholders. Promoter Sarvpriya Securities and investor International Finance Corporation will offload ₹125 crore in shares.
The company will utilise the net proceeds from the fresh issues to repay the debt acquired by the company and its subsidiaries.
The National Securities and Depository Ltd (NSDL) has filed a prospectus with SEBI to raise capital through an IPO. It is a pure offer for the sale of equities from existing stakeholders. The selling stakeholders are IDBI Bank Limited, National Stock Exchange of India, Union Bank of India, State Bank of India, and HDFC Bank Ltd.
The issuer hasn’t announced the dates for the public offering yet.
The SBFC Finance IPO will hit the market soon. The company will raise ₹1,200 crore via IPO comprising fresh issues of ₹750 crore and an offer for the sale of equities up to ₹450 crore.
SBFC Finance is a critical non-deposit-taking, non-banking finance company. It offers secured MSME and gold loans to small business owners, entrepreneurs, self-employed individuals, salaried individuals, and working-class individuals. The issuer hasn’t yet announced the final dates of the IPO subscription and listing.
These are the upcoming IPOs in August 2023.
IPOs are excellent for portfolio diversification and increasing your chances of capital appreciation in the long run. Historically, successful IPOs have generated multifold returns for investors over a period of time. You can also participate in the growth story of a company and earn significant returns.
However, IPOs are also highly risky investments. The lack of detailed information and trading history makes it challenging for investors to assess the true potential of a company. Before investing in an IPO, it is important to research the company’s fundamentals, financial stability, management efficiency, and competitive landscape to make an informed decision.
If you want to subscribe to any of these IPOs, open a Demat Account with Angel One today and explore investment opportunities across asset classes.
Disclaimer: This article has been written for educational purposes only. The securities quoted are only examples and not recommendations.
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