Several companies across diverse industries such as infrastructure, textiles, electric vehicles, e-commerce, media services, and telecommunications are set to launch IPOs in August 2024. These new offerings aim to attract investors by tapping into sectors like green energy, consumer goods, and advanced technology solutions.
Upcoming IPO In August 2024
| Issuer Company | IPO Date | IPO Type | IPO Size | IPO Price |
| Ceigall India Ltd IPO | 01 Aug – 05 Aug | BSE, NSE | 1,252.66 Cr | ₹380 to ₹401 |
| Dhariwalcorp Ltd IPO | 01 Aug- 05 Aug | NSE SME | 25.15 Cr | ₹102 to ₹106 |
| Ola Electric Mobility Ltd IPO | 02 Aug – 06 Aug | BSE, NSE | 6,145.56 Cr | ₹72 to ₹76 |
| Brainbees Solutions (Firstcry) IPO | 06 Aug – 08 Aug | Mainline | 24,281 Cr | NA |
| Picture Post Studios Ltd IPO | 02 Aug – 06 Aug | NSE SME | 18.72 Cr | ₹22 to ₹24 |
| Afcom Holdings Ltd IPO | 02 Aug – 06 Aug | BSE SME | 73.83 Cr | ₹102 to ₹108 |
| Broach Lifecare Hospital Limited IPO | 13 Aug – 16 Aug | BSE SME | 4.02 Cr | ₹25 |
| Saraswati Saree Depot Limited IPO | 12 Aug – 14 Aug | BSE, NSE | 160.01 Cr | ₹152.00 to ₹160.00 |
| Positron Energy Limited IPO | 12 Aug – 14 Aug | NSE SME | 51.21 Cr | ₹238.00 to ₹250.00 |
| Sunlite Recycling Industries Limited IPO | 12 Aug – 14 Aug | NSE SME | 30.24 Cr | ₹100.00 to ₹105.00 |
| Aesthetik Engineers Limited IPO | 08 Aug – 12 Aug | NSE SME | 26.47 Cr | ₹55.00 to ₹58.00 |
| Unicommerce eSolutions Limited IPO | 06 Aug – 08 Aug | BSE, NSE | 276.57 Cr | ₹108 |
| Brace Port Logistics Limited IPO | TBA | NSE SME | TBA | TBA |
Introduction Of Upcoming IPOs in August 2024
Ceigall India Ltd IPO:
Ceigall India Ltd specializes in infrastructure development, focusing on constructing highways and roads across India, aiming to enhance connectivity and support regional growth through strategic projects.
Dhariwalcorp Ltd IPO:
Dhariwalcorp Ltd engages in textile manufacturing, producing a range of fabrics and garments designed for both domestic and international markets, emphasizing quality and innovation.
Ola Electric Mobility Ltd IPO:
Ola Electric Mobility Ltd is at the forefront of India’s electric vehicle revolution, manufacturing electric scooters aimed at reducing carbon emissions and leading the transition to sustainable transportation.
Brainbees Solutions (Firstcry) IPO:
Brainbees Solutions, operating as Firstcry, is a leading e-commerce platform in India focused on baby and children’s products, offering a wide range of items from clothing to toys, enhancing the shopping experience for parents.
Picture Post Studios Ltd IPO:
Picture Post Studios Ltd operates in the media sector, specializing in post-production services that enhance visual content for film and television, utilizing cutting-edge technology to deliver high-quality outputs.
Afcom Holdings Ltd IPO:
Afcom Holdings Ltd provides strategic business solutions in telecommunications, offering innovative services that support the deployment and management of telecom networks to enhance connectivity and operational efficiency.
Broach Lifecare Hospital Limited IPO
Broach Lifecare Hospital Limited is a healthcare provider specializing in advanced medical services and patient care. The IPO aims to expand its facilities, enhance medical technology, and improve healthcare accessibility.
Saraswati Saree Depot Limited IPO
Saraswati Saree Depot Limited is a traditional textile retailer known for its extensive range of sarees. The IPO will support its plans for business expansion, modernizing stores, and enhancing its product offerings.
Positron Energy Limited IPO
Positron Energy Limited focuses on innovative energy solutions, including renewable and sustainable energy projects. The IPO proceeds will be used to fund new energy projects and expand its operational capacity.
Sunlite Recycling Industries Limited IPO
Sunlite Recycling Industries Limited specializes in recycling and waste management services. The IPO aims to fund the expansion of recycling facilities, enhance technology, and promote sustainable waste management practices.
Aesthetik Engineers Limited IPO
Aesthetik Engineers Limited offers engineering and design solutions for various industries. The IPO will be used to grow its engineering services, invest in technology, and broaden its client base.
Unicommerce eSolutions Limited IPO
Unicommerce eSolutions Limited provides e-commerce enablement solutions, including inventory and order management. The IPO will help develop new features, expand market reach, and strengthen its technological infrastructure.
Brace Port Logistics Limited IPO
Brace Port Logistics Limited offers comprehensive logistics and supply chain solutions. The IPO proceeds will be used to enhance logistics capabilities, expand infrastructure, and improve operational efficiency.
Upcoming IPO in August 2024 – FAQs
IPO is a process where a company decides to raise funds from the public by selling its shares.
The shares are first issued in the primary market via IPO and then moved to the secondary market, where it is traded among the public. The secondary market is also known as the After Issue Market.
Fixed Price Offering: In this type of IPO, the company offers its shares at a fixed price.
Book Building Offering: In the book-building method, the company fixes a price band. The investors have to bid within the fixed price band to get the shares.
Investing in an IPO is made simple through Alice Blue. Follow these easy steps to start your investment.
Step 1: Open your free Demat account with Alice Blue in just 15 minutes. Already have an account !! Then just, simply login to Alice IPO.
Step 2: Choose from the IPO you want to apply and place your bid.
Step 3: Once the bid is placed via UPI, the UPI App will block funds in your Bank account proportional to the bid (Till the allotment date). If the shares are allotted to you, the money will be debited from your account, if not, the money will be unblocked.
An IPO price is calculated by assessing the company’s valuation with input from an investment bank. This value is then divided by the total number of shares to be issued, arriving at a price per share. The final price balances the company’s need to raise capital by offering an attractive investment to buyers.
No, according to the SEBI rules it is mandatory to have a Demat account to apply for an IPO.
Yes, IPOs can be a good investment for both the short and long term. If a company has a strong financial status and high demand for its shares, it can be a good opportunity for investors. However, it’s important to research each IPO before investing.
Steps to apply for the IPO through Alice Blue
Step 1: Log in to the Alice Blue Rise platform.
Step 2: Choose the preferred IPO from the Live IPOs list.
Step 3: Enter your UPI ID linked to your personal bank account.
Step 4: Read the declaration and click ‘Submit.’
You can apply for an IPO through three different methods:
1. Broker Online: Open your Alice Blue Demat account, select the IPO and place your bid via your UPI ID. You’ll receive a mandate approval request to your bank account, which you need to approve to submit your application.
2. Broker Offline: Contact your broker like Alice Blue and fill out & submit the IPO application form.
3. ASBA Online: Log in to your bank account and apply for the IPO via ASBA. Enter the required details such as your Demat account number, PAN number, and bidding details, then submit the application.
Disclaimer – Consult your financial advisor before subscribing to an IPO. The investment market is risky and it may be inappropriate to invest without full information. You are responsible for your own investment results.
