Upcoming IPOs: Hyundai, Swiggy, NTPC Green Energy Among Others – Full List

Upcoming IPOs: Hyundai, Swiggy, NTPC Green Energy Among Others – Full List

By Paras Bisht | October 4, 2024

Primary market will remain abuzz with Hyundai Motor India, Swiggy, NTPC Green Energy among other IPOs lined up to raise around Rs 60,000 crore between October – November.

Image: Canva

The Indian arm of South Korean automaker Hyundai, is likely to launch its much-awaited Rs 25,000-crore initial share-sale for public subscription on October 14. This would be the largest initial public offering (IPO) in India after LIC’s initial share sale of Rs 21,000 crore.

Hyundai Motor India

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SoftBank-backed food delivery company has already filed its draft papers for the IPO targeting a valuation of $15 billion. The Bengaluru-based company competes with Zomato in the food delivery space.

Swiggy

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The renewable energy arm of state-owned NTPC is looking to launch its Rs 10,000 crore IPO in the first week of November.

NTPC Green Energy

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Shapoorji Pallonji Group’s construction firm Afcons Infrastructure will also join the IPO rush with a Rs 7,000 crore offer.

Afcons

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Likely to raise Rs 3,000 crore through a fresh issue of shares, in addition to an OFS component.

Waaree Energies

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Likely to raise Rs 3,000 crore in its initial share sale, dates are yet to be announced.

Niva Bupa Health Insurance

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Company planning to raise Rs 700 crore via its maiden share sale.

One Mobikwik Systems

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Next: Upcoming Maiboard IPOs with likely shareholders quota
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