Which are the Best Upcoming IPOs to Invest

Vishal Pathak, Content Writer | Monday, 10 June 2024, 10:29 IST

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Which are the Best Upcoming IPOs to InvestPurchasing IPOs is a high-quality manner to get into a promising agency at an awesome stock price and is a good time to begin accumulating doubtlessly extra pre- cious shares or company stocks. As the brand-new year 2024 actions beforehand, positive organizations have already pro- vided with their IPOs, which have aroused interest amongst investors. You must take your time and do proper re- search on the upcoming IPO which you need to put money into, and in this piece, we can outline some of the most promising IPOs to put money into.



Go Airlines

Go Airlines, certainly one of India’s prominent low-price companies is entering the number one market with an IPO to generate Rs 3600 crore. The agency presently has 10 lakh stocks, each of which has a face cost of Rs. 10 in line with share, and it has lately filed the papers with SECI to grow to be an ‘indexed’ organization. Due to its tremendous connectivity and ever-growing requirement for inexpensive travel, the airline presents a perfect portfolio for individuals who desire to invest within the Indian aviation marketplace.


Another valuable IPO in India that may offer investment opportunities soon is a digital payment company called MobiKwik. Their proposed fundraising strategy involves the issuance of fresh equity of Rs. 1,500 crore and the collection of another Rs. 400 crores through an offer for sale by a selected set of promoters and shareholders.


Travel search engine Ixigo has set its sights on the proposed fundraising and an offer sale, which includes Rs. 750 crores for the proposed fundraising and Rs. 850 crores for the offer sale. Ixigo is a travel-focused Internet company that is ready to conduct its IPO totalling Rs. 1,600 crores, which would help some investors exit the firm and would allow the company to gather fresh capital for further development.

Penna Cement

Currently, its IPO plan involves making an offer to the public to subscribe to the company’s shares, and Penna Cement is seeking Rs. 1,550 crores. This would comprise a new share capital that would be issued for Rs. 1,300 crores and an offer to sell stakes worth Rs. 250 crores. Penna Cement has the right positioning to emerge as a key beneficiary of ongoing infrastructure development in the country.

Keventer Agro

Keventer Agro, a food processing company with a specialisation in the field of beverages located in eastern India, is coming out with an IPO worth Rs. 800 crores. This implies that the company will be able to attain a pre-IPO valuation of Rs. 2,500 crores through the Keventer Group. Strong fundamentals such as a wide product range and an already established access to market inquiries should make Keventer Agro a worthy investment in the F&B industry.


Investing in emerging IPOs is the right decision for investors who are interested in improving their diversified investment portfolios and following new growth avenues. As airlines, consumer goods firms, digital payments, healthcare-IT firms, IT firms, etc. gear up to list in the next year, the fields have opened up greatly. For those who wish to expand on these opportunities, utilising an investment app can help you keep track of those IPOs and invest in them most effectively with the best possible observations of the existing trends in the market.

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