Upcoming IPOs In 2024: First Cry, Ola, Swiggy Check Companies Set To Go Public This Year

Share

Tweet

Share

Share

Email

Comments

IPO In 2024: The year 2023 has been a phenomenal year for stock market investors. Amid the bullish run, investors got a lot of opportunity to bid in Initial Public Offerings (IPO). According to data on Chittorgarh.com, a total of 57 public issues raised Rs 49,437 crore this year.

Now, as we enter the new year 2024, the buzz around IPOs is likely to remain high as offerings of many big companies are in line.

Here is the list of upcoming IPOs this year based on available BSE data and media reports.

Read More: Stock Market Updates: Sensex Down 140 Pts, Nifty Stands At 21,700

First cry

Omnichannel retailer FirstCry has filled its documents draft after postponing its public listing earlier this year, according to a report by The Economic Times. The IPO of the e-commerce site may be open early this year.

Ola Electric

Ola Electric, Ola’s electric vehicle subsidiary, is set to become one of the most anticipated initial public offerings (IPO) of 2024. The company is targeting a fundraising range of between $700 million and $800 million with its offering

Read More: HRH Next Services IPO Allotment To Be Finalised Today: Know How To Check Status, Latest GMP

Akash

Akash, which was acquired by edtech major Byju’s in 2021 for a whopping $950 million, is gearing up to launch its initial public offering (IPO) this year.

PhonePe

PhonePe, a market leader in India’s digital payments industry, is eyeing an initial public offering (IPO) in 2024-2025. Boosted by a $200 million investment from Walmart, PhonePe is currently in the process of raising a substantial $2 billion in funding.

Read More: Akanksha Power and Infra IPO Allotment To Be Finalised Today: Check Latest GMP

Oyo

Oyo Rooms’ long-awaited initial public offering (IPO) has been significantly delayed as the travel booking platform attempts to raise public financing to significantly pay down its debt.

Swiggy

Swiggy, a leading food delivery company in the country, is set to go public in 2024. With a valuation of $10.7 billion, the company occupies a dominant position in India’s home food delivery market.