Current IPO List ( Mainboard and SME) | New IPO 2024: In 2024, several companies are gearing up to go public through Initial Public Offerings (IPOs) on both the Mainboard and SME (Small and Medium Enterprises) platforms. An IPO is when a company sells its shares to the public for the first time, allowing investors to buy a stake in the company.
Upcoming Mainboard IPO List 2024
| IPO Name | Date | Price Range | Listing Exchange |
|---|---|---|---|
| Bansal Wire Industries IPO | 03 July – 05 July | ₹243 to ₹256 | BSE,NSE |
| Emcure Pharmaceuticals IPO | 03 July – 05 July | ₹960 to ₹1008 | BSE,NSE |
| Vraj Iron and Steel IPO | 26 June – 28 June | ₹95 to ₹100 | BSE,NSE |
| Allied Blenders IPO | 25 June – 27 June | ₹267 to ₹281 | BSE,NSE |
Upcoming SME IPO List 2024
| IPO Name | Date | Price Range | Listing Exchange |
|---|---|---|---|
| Ganesh Green Bharat IPO | 5 Jul – 9 Jul | ₹181 to ₹190 | NSE SME |
| Effwa Infra and Research IPO | 5 Jul – 9 Jul | ₹78 to ₹82 | NSE SME |
| Ambey Laboratories IPO | 4 Jul – 8 Jul | ₹65 to ₹68 | NSE SME |
Understanding Mainboard and SME IPOs in India
In India, when companies decide to offer their shares to the public for the first time, they can do so through an Initial Public Offering (IPO). Mainline/Mainboard IPOs and SME IPOs are two ways companies can achieve this goal and access public capital markets.
Mainboard IPO
Mainboard IPOs in India are for large companies with a strong track record and substantial operations. These IPOs are listed on major stock exchanges like the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). Mainboard IPOs attract investors looking for established companies with a proven history of profitability and compliance with stringent regulatory requirements.
SME IPOs
SME IPOs, on the other hand, cater to small and medium-sized enterprises (SMEs) in India. These companies may not have the scale of larger corporations but offer unique growth opportunities. SME IPOs are listed on specialized platforms like the SME Exchange (SMX) or the Institutional Trading Platform (ITP). They provide smaller companies with access to public funding and visibility, helping them grow and expand their operations.
Key Differences
While Mainboard IPOs emphasize stability and compliance with regulatory norms, SME IPOs focus on growth potential and provide smaller businesses with the chance to raise capital from public investors. Both types of IPOs offer investors opportunities for capital appreciation and participation in the growth of diverse sectors of the Indian economy.
Mainboard IPO FAQs
What is a Mainboard IPO?
A Mainboard IPO refers to the initial public offering of shares by a company on a major stock exchange, such as the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE), which comply with stringent regulatory requirements.
How does a company qualify for a Mainboard IPO?
To qualify for a Mainboard IPO, a company must meet the eligibility criteria set by the respective stock exchange and regulatory authorities. This typically includes a minimum track record of profitability, minimum net worth, and compliance with corporate governance norms.
What are the benefits of investing in Mainboard IPOs?
Investing in Mainboard IPOs can provide opportunities for capital appreciation as the company grows. It also allows investors to participate in the early stages of a company’s public journey and potentially benefit from dividend payments and liquidity.
SME IPO FAQs
What is an SME IPO?
An SME IPO refers to the initial public offering of shares by small and medium-sized enterprises (SMEs) on stock exchanges specifically designed for SMEs, such as the SME Exchange (SMX) or the Institutional Trading Platform (ITP).
What are the eligibility criteria for SME IPOs?
SMEs seeking an SME IPO must meet the eligibility criteria set by the respective stock exchange, which typically includes a minimum track record of operations, profitability, and compliance with regulatory norms. SME IPOs cater to smaller companies that may not meet the requirements for a Mainboard IPO.
What are the advantages of SME IPOs for investors?
SME IPOs provide investors with an opportunity to invest in emerging and potentially high-growth SMEs. They offer diversification within the investment portfolio and can generate returns through capital appreciation and dividends, similar to Mainboard IPOs.