NTPC Green Energy IPO Overview : IPO Details, Timeline, Price Band, Lot Size & GMP, Subscription Status

NTPC ग्रीन एनर्जी IPO के बारे में

NTPC ग्रीन एनर्जी का IPO, भारतीय स्टॉक बाजार सब्सक्रिप्शन 19 नवंबर को खुलेगा और 22 नवंबर को बंद हो जाएगा । यह IPO विशेष रूप से हरित और नवीकरणीय ऊर्जा में कंपनी की योजना को साकार करने के लिए लाया जा रहा है।

भूमिका

भारत के ऊर्जा क्षेत्र में एक नया नाम उभर रहा है – NTPC ग्रीन एनर्जी लिमिटेड। अपनी मातृ कंपनी NTPC Limited की तरह ही यह कंपनी हरित ऊर्जा के क्षेत्र में एक महत्वपूर्ण भूमिका निभाने का उद्देश्य रखती है। इस लेख में हम NTPC ग्रीन एनर्जी IPO के बारे में विस्तार से जानकारी देंगे, ताकि निवेशक सही निर्णय ले सकें।

NTPC ग्रीन एनर्जी कंपनी का परिचय

NTPC ग्रीन एनर्जी लिमिटेड, NTPC Limited की सहायक कंपनी है, जो सौर ऊर्जा, पवन ऊर्जा और अन्य नवीकरणीय ऊर्जा स्रोतों का उपयोग करके बिजली का उत्पादन करती है। NTPC Limited भारत की सबसे बड़ी विद्युत उत्पादन कंपनी है और इसकी यह सहायक कंपनी हरित और स्थायी ऊर्जा के क्षेत्र में अग्रणी भूमिका निभा रही है।

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IPO Details

  1. IPO टाइमलाइन:
    • खुलने की तिथि: जल्द ही घोषित की जाएगी।
    • बंद होने की तिथि: जल्द ही घोषित की जाएगी।
  2. IPO साइज: अनुमानित राशि ₹10,000 करोड़ ।
  3. प्राइस बैंड: प्रति शेयर मूल्य ₹102 से ₹108 के बीच तय किया गया।
  4. लॉट साइज: एक लॉट में 138 शेयर हो सकते हैं। निवेशकों को न्यूनतम एक लॉट में आवेदन करना होगा।
  5. लिस्टिंग प्लेटफॉर्म: BSE और NSE।

IPO से जुटाई गई राशि का उपयोग

IPO से जुटाई गई राशि का उपयोग निम्नलिखित उद्देश्यों के लिए किया जाएगा:

  • हरित ऊर्जा परियोजनाओं में विस्तार।
  • कंपनी की ऋण प्रतिबद्धताओं को कम करना।
  • भविष्य की परियोजनाओं और प्रौद्योगिकी में निवेश।

NTPC ग्रीन एनर्जी के मुख्य बिंदु

  1. नवीकरणीय ऊर्जा में अनुभव: कंपनी के पास सौर ऊर्जा और पवन ऊर्जा में लंबा अनुभव है, जिससे यह अपने प्रतिस्पर्धियों से आगे है।
  2. सकारात्मक सरकारी सहयोग: भारत सरकार द्वारा नवीकरणीय ऊर्जा को बढ़ावा देने वाली नीतियां कंपनी के लिए लाभकारी हैं।
  3. सशक्त वित्तीय पृष्ठभूमि: NTPC Limited की सहयोगी कंपनी होने के नाते इसका वित्तीय आधार मजबूत है, जो निवेशकों को विश्वास प्रदान करता है।

निवेश के लाभ

  • बढ़ता हुआ हरित ऊर्जा बाजार: देश में हरित ऊर्जा की मांग तेजी से बढ़ रही है, जो कंपनी के भविष्य के विकास के लिए अनुकूल है।
  • सकारात्मक ESG प्रभाव: पर्यावरणीय, सामाजिक और प्रशासनिक (ESG) कारकों के तहत निवेशकों के लिए एक आकर्षक विकल्प।
  • प्रवर्धित लाभ: NTPC Limited के समर्थन से कंपनी को पूंजी और विशेषज्ञता का लाभ मिलता है।

जोखिम

  1. बाजार अस्थिरता: शेयर बाजार की अनिश्चितता IPO के प्रदर्शन को प्रभावित कर सकती है।
  2. उच्च प्रतियोगिता: हरित ऊर्जा के क्षेत्र में विभिन्न सरकारी और निजी कंपनियों के साथ प्रतिस्पर्धा।
  3. नीति परिवर्तन: सरकार की नीतियों में बदलाव कंपनी की योजनाओं को प्रभावित कर सकते हैं।

IPO में निवेश कैसे करें ?

  1. डीमैट खाता आवश्यक: निवेश करने के लिए आपके पास एक सक्रिय डीमैट खाता होना चाहिए।
  2. आवेदन प्रक्रिया:
    • अपने ब्रोकर की वेबसाइट या ऐप पर जाएं।
    • IPO सेक्शन में जाकर NTPC ग्रीन एनर्जी IPO का चयन करें।
    • शेयरों की संख्या और लॉट साइज चुनें।
    • आवेदन शुल्क और पेमेंट की पुष्टि करें।
  3. आवेदन की पुष्टि: आवेदन के बाद बिडिंग की पुष्टि करें और आवेदन का रसीद नंबर संभाल कर रखें।

निष्कर्ष

NTPC ग्रीन एनर्जी IPO हरित ऊर्जा में निवेश करने का एक उत्कृष्ट अवसर हो सकता है, खासकर उन निवेशकों के लिए जो दीर्घकालिक लाभ देख रहे हैं। कंपनी की मजबूत पृष्ठभूमि, हरित ऊर्जा में अनुभव और NTPC Limited का समर्थन इसे एक आकर्षक निवेश विकल्प बनाता है।


Disclaimer: इस लेख में दी गई जानकारी का उद्देश्य केवल शिक्षित करना है। किसी भी निवेश से पहले अपने वित्तीय सलाहकार से परामर्श करना अनिवार्य है।

Neelam Lines and Garments Ltd IPO : IPO Price band, Lot Size, subscription status & more details

“Explore the details of Neelam Lines and Garments IPO 2024, including opening date, price band, objectives, and expert opinions. Find out whether this IPO is a good investment opportunity.”


Table of Contents

  1. Introduction to Neelam Lines and Garments Ltd 
  2. IPO Details (Issue Size, Price, Dates, and Lot Size)
  3. Objectives of the IPO
  4. Financial Performance of Neelam Lines and Garments Ltd 
  5. Industry Overview
  6. Strengths and Risks of Investing in Neelam Lines and Garments Ltd  IPO
  7. Grey Market Premium (GMP) and Market Sentiment
  8. How to Apply for the IPO
  9. Conclusion

1. Neelam Lines and Garments Ltd IPO Overview

The Niva Bupa Health Insurance IPO opened for bidding on November 8, 2024, and will close on November 12, 2024. This IPO is an offer for sale, meaning existing shareholders are selling shares, and no new capital is being raised by the company. The IPO price band is set between ₹20 and ₹24 per share, with a minimum lot size of 6000 shares, amounting to ₹1,44,000 for retail investors.


2. IPO Details (Issue Size, Price, Dates, and Lot Size)

IPO Dates : The IPO Open Is November 8, 2024 and Close November 12, 2024

Issue Size : The IPO Issue Size is 13.00 Cr.

Price Band : IPO Price Band is Set at 20-24 per share

Lot Size :  IPO Lot Size is 6000 share’s

Fresh Issue :  IPO Fresh Issue is 13.00Cr.


3. IPO Timeline ( IPO Important Dates )

Here is a quick overview of the Neelam Lines and Garments IPO details:

Opening Dates : The IPO is set to open on November 8, 2024.

Closing Dates : IPO Closing Dates is November 12, 2024

Allotment Status Date : IPO Allotment Status November 13, 2024

Share Transfer Demet A/c : Share Transfer your Demet A/c November 14, 2024

Credit Refund Bank A/c : Credit Refund Your Bank A/c November 14, 2024

Listing Date : IPO Listing Date is November 18, 2024

Listing Exchange :  IPO Listing Exchange NSE SME

Neelam Lines and Garments Ltd IPO: A Comprehensive Guide Ltd IPO 2024 : Complete details IPO Price, Allotment, GMP Updated


About Company

Neelam Garments is a well-established 2010 in the textile and apparel industry, known for its high-quality manufacturing and innovative fashion designs. With decades of experience, the company specializes in a range of products including men’s, women’s, and children’s clothing. Their commitment to quality, sustainable practices, and timely delivery has helped them secure a strong client base both domestically and internationally. The company prides itself on integrating modern technology and traditional craftsmanship to cater to the evolving demands of the fashion market.


Company FInancial

Here is Niva Bupa Health Insurance’ financial performance summary over the past three fiscal years:

Fiscal YearFY 2024FY 2023FY 2022
Revenue (₹ Lakhs)10,474.4210,541.1310,379.69
Profit After Tax (₹ Lakhs)246.05237.88298.58
Net Worth (₹ Lakhs)2348.342,102.301,468.42
Reserves and Surplus868.341,362.301,448.42
Debt (₹ Lakhs)6964.946534.025,110.22

IPO Reservation

The Niva Bupa Health Insurance IPO includes a specific reservation distribution among different investor categories, adhering to SEBI regulations. Qualified Institutional Buyers (QIBs), 50% of the shares in the offering are reserved, ensuring significant participation from institutional investors. Non-Institutional Investors (NIIs), including High Net Worth Individuals (HNIs), are allotted 15% of the shares, while Retail Individual Investors (RIIs) have a 35% reservation in the IPO. Additionally, there is a reserved portion for eligible employees under the Employee Reservation Quota

How to Apply for Neelam Lines and Garments IPO?

Here’s how you can apply for the Neelam Lines and Garments IPO:

UPI Mandate: Ensure that you approve the UPI mandate request to complete your application.

Through ASBA: You can apply via the Application Supported by Blocked Amount (ASBA) process through your bank.

Using Online Broker Platforms: Platforms like Angel One, Groww, and Upstox offer a quick and seamless IPO application process.

DisclaimerThe views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.


FAQs

What is the price band for the Neelam Lines and Garments Ltd IPO?
The IPO price band is set between ₹20 and ₹24 per share.

What is the minimum investment required?
The minimum lot size for retail investors is 6,000 shares, translating to an investment of approximately ₹1,44,000 at the lower end of the price band​

When is the Neelam Lines and Garments IPO opening and closing date?
The Niva Bupa Health Insurance IPO is scheduled to open on November 8, 2024, and close on November 12, 2024. The shares are expected to be listed on the stock exchanges by November 18, 2024

How can I apply for the Neelam Lines and Garments IPO?
You can apply through major brokerage platforms like Zerodha, Groww, or AngelOne, provided you have a Demat account.

How can I check the GMP for Neelam Lines and Garments Ltd IPO?
GMP updates are available on financial websites and IPO tracking portals like Chittorgarh, Investorgain and IPO Central, which update GMP daily.

Who is the registrar for Neelam Lines and Garments IPO?
The registrar for Neelam Lines and Garments IPO is Purva Sharegistry India Pvt Ltd Ltd. Investors can check their allotment status on Link Intime’s official website.

Niva Bupa Health Insurance Ltd IPO : IPO Price band, Lot Size, subscription status & more details

“Explore the details of Niva Bupa Health Insurance IPO 2024, including opening date, price band, objectives, and expert opinions. Find out whether this IPO is a good investment opportunity.”


Table of Contents

  1. Introduction to Niva Bupa Health Insurance Limited 
  2. IPO Details (Issue Size, Price, Dates, and Lot Size)
  3. Objectives of the IPO
  4. Financial Performance of Niva Bupa Health Insurance Limited 
  5. Industry Overview
  6. Strengths and Risks of Investing in Niva Bupa Health Insurance Limited  IPO
  7. Grey Market Premium (GMP) and Market Sentiment
  8. How to Apply for the IPO
  9. Conclusion

1. Niva Bupa Health Insurance Ltd IPO Overview

Medical healthcare insurance concept. Red shield on patient protection policy and pen. Vector medicine flat symbol illustration

The Niva Bupa Health Insurance IPO opened for bidding on November 7, 2024, and will close on November 11, 2024. This IPO is an offer for sale, meaning existing shareholders are selling shares, and no new capital is being raised by the company. The IPO price band is set between ₹70 and ₹74 per share, with a minimum lot size of 200 shares, amounting to ₹14,800 for retail investors.


2. IPO Details (Issue Size, Price, Dates, and Lot Size)

IPO Dates : The IPO Open Is November 7, 2024 and Close November 11, 2024

Issue Size : The IPO Issue Size is 2200.00 Cr.

Price Band : IPO Price Band is Set at 70-74 per share

Lot Size :  IPO Lot Size is 200 share’s

Fresh Issue :  IPO Fresh Issue is 800.00Cr.

Offer for Sale  IPO Offer for Sale is 1400.00 Cr.


3. IPO Timeline ( IPO Important Dates )

Here is a quick overview of the Niva Bupa Health InsuranceIPO details:

Opening Dates : The IPO is set to open on November 7, 2024.

Closing Dates : IPO Closing Dates is November 11, 2024

Allotment Status Date : IPO Allotment Status November 12, 2024

Share Transfer Demet A/c : Share Transfer your Demet A/c November 13, 2024

Credit Refund Bank A/c : Credit Refund Your Bank A/c November 13, 2024

Listing Date : IPO Listing Date is November 14, 2024

Listing Exchange :  IPO Listing Exchange NSE, BSE

Closeup of VAT text written on wooden blocks with stacked coins

Niva Bupa Health Insurance Ltd IPO: A Comprehensive Guide Ltd IPO 2024 : Complete details IPO Price, Allotment, GMP Updated


About Company

Niva Bupa Health Insurance, formerly known as Max Bupa Health Insurance, is a prominent health insurance provider in India. It was founded 2008 as a joint venture between Max India Limited and Bupa, a UK-based global healthcare services expert. Niva Bupa offers a wide range of health insurance products tailored to individuals, families, and corporate clients, focusing on comprehensive coverage, wellness benefits, and hassle-free claim settlements. The company is known for its strong network of partner hospitals and customer-centric services.


Company FInancial

Here is Niva Bupa Health Insurance’ financial performance summary over the past three fiscal years:

Fiscal YearFY 2024FY 2023FY 2022
Revenue (₹ Cr)6191.873876.572.738.44
Profit After Tax (₹ Cr)81.8512.54196.53
Net Worth (₹ Cr)2049.59831.12507.65
Reserves and Surplus1,282.02334.26125.40
Debt (₹ Cr)250.00250.00250.00


IPO Reservation

The Niva Bupa Health Insurance IPO includes a specific reservation distribution among different investor categories, adhering to SEBI regulations. For Anchor Investor Share Offered (45%) Qualified Institutional Buyers (QIBs), 30% of the shares in the offering are reserved, ensuring significant participation from institutional investors. Non-Institutional Investors (NIIs), including High Net Worth Individuals (HNIs), are allotted 15% of the shares, while Retail Individual Investors (RIIs) have a 10% reservation in the IPO. Additionally, there is a reserved portion for eligible employees under the Employee Reservation Quota


How to Apply for Niva Bupa Health Insurance IPO?

Here’s how you can apply for the Niva Bupa Health Insurance IPO:

UPI Mandate: Ensure that you approve the UPI mandate request to complete your application.

Through ASBA: You can apply via the Application Supported by Blocked Amount (ASBA) process through your bank.

Using Online Broker Platforms: Platforms like Angel One, Groww, and Upstox offer a quick and seamless IPO application process.

DisclaimerThe views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.

Niva Bupa Health Insurance, a leading provider of comprehensive health insurance solutions, has announced its initial public offering (IPO). This highly anticipated event presents an exciting opportunity for investors to be a part of the company’s continued growth and success in the dynamic health insurance market.


FAQs

What is the price band for the Niva Bupa Health Insurance Ltd IPO?
The IPO price band is set between ₹70 and ₹74 per share.

What is the minimum investment required?
The minimum lot size for retail investors is 200 shares, translating to an investment of approximately ₹14,800 at the lower end of the price band​

When is the Niva Bupa Health Insurance IPO opening and closing date?
The Niva Bupa Health Insurance IPO is scheduled to open on November 7, 2024, and close on November 11, 2024. The shares are expected to be listed on the stock exchanges by November 14, 2024

How can I apply for the Niva Bupa Health Insurance IPO?
You can apply through major brokerage platforms like Zerodha, Groww, or AngelOne, provided you have a Demat account.

How can I check the GMP for Niva Bupa Health Insurance Limited IPO?
GMP updates are available on financial websites and IPO tracking portals like Chittorgarh, Investorgain and IPO Central, which update GMP daily.

Who is the registrar for Niva Bupa Health Insurance IPO?
The registrar for Niva Bupa Health Insurance IPO is Kfin Technologies Ltd. Investors can check their allotment status on Link Intime’s official website.

ACME Solar Holdings Ltd IPO : IPO Price band, Lot Size, subscription status & more details

“Explore the details of ACME Solar IPO 2024, including opening date, price band, objectives, and expert opinions. Find out whether this IPO is a good investment opportunity.”


Table of Contents

  1. Introduction to ACME Solar Limited 
  2. IPO Details (Issue Size, Price, Dates, and Lot Size)
  3. Objectives of the IPO
  4. Financial Performance of ACME Solar Limited 
  5. Industry Overview
  6. Strengths and Risks of Investing in ACME Solar Limited  IPO
  7. Grey Market Premium (GMP) and Market Sentiment
  8. How to Apply for the IPO
  9. Conclusion

1. ACME Solar Holdings Ltd IPO Overview

The ACME Solar IPO opened for bidding on November 6, 2024, and will close on November 8, 2024. This IPO is an offer for sale, meaning existing shareholders are selling shares, and no new capital is being raised by the company. The IPO price band is set between ₹275 and ₹289 per share, with a minimum lot size of 51 shares, amounting to ₹14,739 for retail investors.


2. IPO Details (Issue Size, Price, Dates, and Lot Size)

IPO Dates : The IPO Open Is November 6, 2024 and Close November 8, 2024

Issue Size : The IPO Issue Size is 2900.00 Cr.

Price Band : IPO Price Band is Set at 275-289 per share

Lot Size :  IPO Lot Size is 51 share’s

Fresh Issue :  IPO Fresh Issue is 8.29 Cr.

Offer for Sale :  IPO Offer for Sale is 1.75 Cr.


3. IPO Timeline ( IPO Important Dates )

Here is a quick overview of the ACME SolarIPO details:

Opening Dates : The IPO is set to open on November 6, 2024.

Closing Dates : IPO Closing Dates is November 8, 2024

Allotment Status Date : IPO Allotment Status November 11, 2024

Share Transfer Demet A/c : Share Transfer your Demet A/c November 12, 2024

Credit Refund Bank A/c : Credit Refund Your Bank A/c November 12, 2024

Listing Date : IPO Listing Date is November 13, 2024

Listing Exchange :  IPO Listing Exchange NSE SME

Solar energy panels and windmills against blue sky on summer day, background

ACME Solar Holdings Ltd IPO: A Comprehensive Guide Ltd IPO 2024 : Complete details IPO Price, Allotment, GMP Updated


About Company

ACME Solar Holdings is one of India’s prominent renewable energy producers, focusing primarily on solar and hybrid energy solutions. Founded in 2015, the company has rapidly grown to become a major player in India’s renewable energy sector, with significant expansions in solar, wind, and hybrid projects. As of 2024, ACME Solar has an installed capacity of over 3,668 MWp across various states in India, with plans to continue expanding its footprint in sustainable energy through projects like solar-wind hybrids and renewable hydrogen initiatives

ACME Solar also engages in environmental sustainability practices, such as reducing carbon emissions, conserving water, and planting trees to further enhance its commitment to green energy​. In July 2024, the company filed for an IPO to support its aggressive expansion, aiming to raise approximately ₹3,000 crore to fund additional projects and strengthen its market position​


Company Financial

Here is ACME Solar Holdings’ financial performance summary over the past three fiscal years:

Fiscal YearFY 2024FY 2023FY 2022
Revenue (₹ Cr)1,466.271,361.371,562.73
Profit After Tax (₹ Cr)697.78-3.1762.01
Net Worth (₹ Cr)2,590.871,900.561,908.76
Reserves and Surplus1,836.431,146.121,154.32
Debt (₹ Cr)8217.598,657.47,563.60
Amount in Crores

In recent years, ACME Solar has demonstrated strong revenue growth, especially from FY 2023 to FY 2024. Profitability has also improved significantly in FY 2024, and the company’s return on equity has increased, indicating enhanced returns on shareholder investments. However, debt remains relatively high, which is typical for capital-intensive sectors like renewable energy​


IPO Reservation

The ACME Solar IPO includes a specific reservation distribution among different investor categories, adhering to SEBI regulations. For Anchor Investor Share Offered (44.84%) Qualified Institutional Buyers (QIBs), 29.9% of the shares in the offering are reserved, ensuring significant participation from institutional investors. Non-Institutional Investors (NIIs), including High Net Worth Individuals (HNIs), are allotted 14.95% of the shares, while Retail Individual Investors (RIIs) have a 9.97% reservation in the IPO. Additionally, there is a reserved portion for eligible employees under the Employee Reservation Quota


How to Apply for ACME Solar IPO?

Here’s how you can apply for the ACME Solar IPO:

UPI Mandate: Ensure that you approve the UPI mandate request to complete your application.

Through ASBA: You can apply via the Application Supported by Blocked Amount (ASBA) process through your bank.

Using Online Broker Platforms: Platforms like Angel One, Groww, and Upstox offer a quick and seamless IPO application process.


DisclaimerThe views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.


Join me to invest across 6000*+ Stocks & ETFs. Use my Referral code & Link *RAV75QQFIND* or https://indmoney.onelink.me/RmHC/or1wlapa

FAQs

What is the price band for the ACME Solar Ltd IPO?
The IPO price band is set between ₹275 and ₹289 per share.

What is the minimum investment required?
The minimum lot size for retail investors is 51 shares, translating to an investment of approximately ₹14,739 at the lower end of the price band​

When is the ACME Solar IPO opening and closing date?
The ACME Solar IPO is scheduled to open on November 6, 2024, and close on November 8, 2024. The shares are expected to be listed on the stock exchanges by November 13, 2024

How can I apply for the ACME Solar IPO?
You can apply through major brokerage platforms like Zerodha, Groww, or AngelOne, provided you have a Demat account.

How can I check the GMP for ACME Solar Limited IPO?
GMP updates are available on financial websites and IPO tracking portals like Chittorgarh, Investorgain and IPO Central, which update GMP daily.

Who is the registrar for ACME Solar IPO?
The registrar for  Sagility India IPO is Link Intime India Pvt Ltd. Investors can check their allotment status on Link Intime’s official website.


Swiggy Limited IPO 2024: Complete Details, Company Performance, and GMP Update

Swiggy Limited IPO: A Comprehensive Guide

In this blog, we’ll explore all the essential details about the Swiggy Limited  IPO, including the IPO timeline, price band, company background, financial performance, and GMP (Grey Market Premium). “If you’re considering investing, this article will help you make a fully informed decision.”

Closeup of VAT text written on wooden blocks with stacked coins

Swiggy Ltd IPO 2024 : Complete details IPO Price, Allotment, GMP Updated


Table of Contents

  1. Introduction to Swiggy Limited 
  2. IPO Details (Issue Size, Price, Dates, and Lot Size)
  3. Objectives of the IPO
  4. Financial Performance of Swiggy Limited 
  5. Industry Overview
  6. Strengths and Risks of Investing in Swiggy Limited  IPO
  7. Grey Market Premium (GMP) and Market Sentiment
  8. How to Apply for the IPO
  9. Conclusion

1. Introduction to Swiggy Limited 

Swiggy Limited is one of India’s leading online food delivery platforms, revolutionizing the way people order food. Founded in 2014 by Sriharsha Majety, Nandan Reddy, and Rahul Jaimini, the company is headquartered in Bengaluru, Karnataka. Swiggy operates through its user-friendly mobile app and website, allowing customers to browse a vast selection of restaurants and cuisines, place orders, and receive food at their doorstep.Swiggy also offers “Swiggy One,” a subscription for discounts, and data-driven tools to enhance partner businesses. This comprehensive ecosystem has driven its reach, with a workforce of over 5,400 employees by mid-2024 and continual expansion across India.


2. IPO Details (Issue Size, Price, Dates, and Lot Size)

  • IPO Opening Date: On Wednesday November 6, 2024
  • IPO Closing Date: On Friday November 8, 2024
  • Issue Size: 11327.43 Cr. (Fresh Issue + Offer for Sale)
  • Price Band: ₹371.00 – ₹390.00 per share
  • Lot Size: 38 Shares
  • Listing Exchange: NSE and BSE
  • Face Value: ₹1 per share

The IPO will consist of a fresh issue of shares as well as an offer for sale (OFS) from existing promoters and shareholders. Retail investors can apply in multiples of the lot size, with a portion of the issue reserved for individual investors, institutional buyers, and non-institutional investors.


3. Objectives of the IPO

Here are the objectives of Swiggy Ltd’s IPO in short, impactful points:

  1. Instamart Expansion: Scale up grocery delivery through new dark stores in additional cities.
  2. Tech and Infrastructure: Invest in technology upgrades, cloud solutions, and automation to improve service efficiency.
  3. Brand Building: Strengthen brand presence with targeted digital marketing campaigns.
  4. Strategic Acquisitions: Pursue acquisitions and partnerships to enhance service offerings and expand revenue streams.
  5. Operational Support: Allocate funds for working capital and general corporate purposes to support Swiggy’s growth momentum.

4. Financial Performance of Swiggy Limited IPO

Below is an overview of Swiggy Limited financial performance over the past three years:

Financial YearRevenue (₹ Crores)Total Assets (₹ Crores)ProfitNet Worth
2021-226,119.7814,406-362912,266.91
2022-238,714.4511,281-41799,056.61
2023-2411,634.3510,529-23507,791.46
Amount in Crores.    

5. Industry Overview

Swiggy operates in the Indian food delivery and quick-commerce industry, a rapidly expanding sector driven by urbanization, changing consumer habits, and digital adoption. Here are some insights into the industry:

1. Food Delivery Sector

  • The Indian food delivery market has seen robust growth, with platforms like Swiggy and Zomato leading in market share. Rising internet penetration, the popularity of smartphone apps, and consumers’ preference for convenience have fueled this demand.
  • The industry is expected to grow as younger consumers embrace online food delivery for its variety and convenience. However, it faces challenges like intense competition, high operational costs, and the need to maintain quality in delivery service.

2. Quick-Commerce Growth

  • Swiggy’s Instamart division is part of the booming quick-commerce segment, which delivers groceries and essentials within a short timeframe. The demand for hyperlocal delivery has surged, especially post-pandemic, as customers seek fast, doorstep convenience for groceries and daily essentials.
  • Quick-commerce players in India compete with offline retail and e-commerce giants like Amazon Fresh, Flipkart Quick, and Reliance JioMart. Swiggy’s extensive dark store network supports its quick-commerce ambitions, positioning it strongly within this space.

3. Consumer Preferences and Digital Penetration

  • Increased digital adoption, especially in tier 2 and 3 cities, is broadening the market for food and grocery delivery services. Consumers prioritize convenience and efficiency, and Swiggy’s investment in tech and digital marketing helps meet these demands.
  • With rising disposable incomes, younger demographics are more likely to use these services regularly, further expanding Swiggy’s customer base.

4. Regulatory and Market Dynamics

  • The food delivery and quick-commerce sectors face regulatory scrutiny, especially in areas like data privacy, food safety, and labor conditions for delivery partners. Swiggy must balance growth with compliance, ensuring safe and fair practices.
  • Additionally, high cash-burn models challenge profitability. Both Swiggy and its competitors are shifting focus toward achieving long-term sustainability while managing customer acquisition and retention costs.

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7. Grey Market Premium (GMP) and Market Sentiment

As of the latest update, the GMP for Swiggy Limited  IPO is approximately ₹20 per share, indicating positive market sentiment. Investors are optimistic about the company’s future prospects, given its strong financials and growth potential in the infrastructure sector.

GMP can fluctuate before the listing, so it’s advisable to track it regularly to gauge the demand for the IPO.


8. How to Apply for the IPO

Investors can apply for the Swiggy Limited IPO through:

  1. Online IPO Application: Via net banking using the ASBA (Application Supported by Blocked Amount) facility.
  2. UPI Method: Apply through UPI-supported platforms like Zerodha, Groww, Upstox, Angel One or Paytm Money.
  3. Brokers: Approach stockbrokers offering IPO application services.
  4. Bank Branches: Submit an offline IPO application form at your bank.

Make sure to complete the application process within the IPO window to ensure your bid is accepted.


9. Conclusion

Swiggy Limited IPO offers investors an opportunity to participate in the growth story of a well-established company in the construction and infrastructure space. While the company has demonstrated strong revenue growth, the IPO proceeds will be crucial in managing debt and fueling future expansion.

However, potential investors should carefully consider the risks associated with the sector, including market volatility and rising material costs. It’s advisable to evaluate your financial goals and risk tolerance before investing.


Disclaimer: The information provided in this blog is for educational and informational purposes only. It is not intended to serve as financial, investment, or professional advice. Please conduct your own research or consult a certified financial advisor before making any investment decisions. The author or publisher is not responsible for any losses or damages incurred as a result of reliance on the information provided. Investing in IPOs and the stock market involves risk, and past performance does not guarantee future results.


FAQs

  1.  

What is the price band for the Swiggy Ltd IPO?
The IPO price band is set between ₹371 and ₹390 per share.

What is the minimum investment required?
The minimum lot size for retail investors is 38 shares, translating to an investment of approximately ₹14,820 at the lower end of the price band​

When is the Swiggy IPO opening and closing date?
The Swiggy IPO is scheduled to open on November 6, 2024, and close on November 8, 2024. The shares are expected to be listed on the stock exchanges by November 13, 2024

How can I apply for the Swiggy IPO?
You can apply through major brokerage platforms like Zerodha, Groww, or AngelOne, provided you have a Demat account.

How can I check the GMP for Swiggy Limited IPO?
GMP updates are available on financial websites and IPO tracking portals like Chittorgarh, Investorgain and IPO Central, which update GMP daily.

Who is the registrar for Swiggy’s IPO?
The registrar for Swiggy Ltd’s IPO is Link Intime India Pvt Ltd. Investors can check their allotment status on Link Intime’s official website.

Sagility India Ltd IPO : IPO Price band, Lot Size, subscription status & more details

“Explore the details of Sagility India IPO 2024, including opening date, price band, objectives, and expert opinions. Find out whether this IPO is a good investment opportunity.”


Table of Contents

  1. Introduction to Sagility India Limited 
  2. IPO Details (Issue Size, Price, Dates, and Lot Size)
  3. Objectives of the IPO
  4. Financial Performance of Sagility India Limited 
  5. Industry Overview
  6. Strengths and Risks of Investing in Sagility India Limited  IPO
  7. Grey Market Premium (GMP) and Market Sentiment
  8. How to Apply for the IPO
  9. Conclusion
  10. Disclaimer:

1. Sagility India Ltd IPO Overview

The Sagility India IPO opened for bidding on November 5, 2024, and will close on November 7, 2024. This IPO is an offer for sale, meaning existing shareholders are selling shares, and no new capital is being raised by the company. The IPO price band is set between ₹28 and ₹30 per share, with a minimum lot size of 500 shares, amounting to ₹15,000 for retail investors.


2. IPO Details (Issue Size, Price, Dates, and Lot Size)

IPO Dates : The IPO Open Is November 5, 2024 and Close November 7, 2024

Issue Size : The IPO Issue Size is 2106.6Crore

Price Band : IPO Price Band is Set at 28-30 per share

Lot Size :  IPO Lot Size is 500 share’s

Fresh Issue :  IPO Fresh Issue is 4499.00 Cr.

Offer for Sale :  IPO Offer for Sale is 6828.43 Cr.


3. IPO Timeline ( IPO Important Dates )

Here is a quick overview of the Sagility India IPO details:

Opening Dates : The IPO is set to open on November 5, 2024.

Closing Dates : IPO Closing Dates is November 7, 2024

Allotment Status Date : IPO Allotment Status November 8, 2024

Share Transfer Demet A/c :

Credit Refund Bank A/c :

Listing Date : IPO Listing Date is November 12, 2024

Listing Exchange :  IPO Listing Exchange NSE SME

ipo share market concept background with financial chart vector

Sagility India Limited IPO: A Comprehensive Guide Ltd IPO 2024 : Complete details IPO Price, Allotment, GMP Updated


About Company

Sagility India, Sagility India is a healthcare-focused business process management (BPM) company that leverages technology to support core operations in the U.S. healthcare sector. The company offers services in claims management, payment integrity, clinical management, and revenue cycle management, which help optimize workflows and enhance patient and provider engagement. Headquartered in Bengaluru, Sagility India is a prominent player with over 25,000 employees worldwide, working across the U.S., India, Jamaica, Philippines, and Colombia.

Founded originally under a different name, Sagility rebranded and expanded its offerings, providing value through client lifecycle management, analytics, and cost control solutions. It serves a range of healthcare stakeholders, including insurers, providers, and labs, focusing on areas such as claims processing and member engagement. The company’s revenue concentration reflects a heavy reliance on its top clients, most of whom are large U.S.-based healthcare entities.


Company FInancial

Sagility India Limited, a leading healthcare-focused business process as a service (BPaaS) provider, primarily supports U.S.-based healthcare payers and providers. Sagility’s revenue in FY 2024 grew by 12.7% to ₹4,753.56 crore, up from ₹4,218.41 crore in FY 2023. This growth was driven by increased service volumes and new contracts. Profit after tax also saw a significant rise of 59%, reaching ₹228.27 crore in FY 2024 compared to ₹143.57 crore the previous year

Sagility India Ltd IPO 2024 Overview


IPO Reservation

The Sagility India IPO includes a specific reservation distribution among different investor categories, adhering to SEBI regulations. For Qualified Institutional Buyers (QIBs), 75% of the shares in the offering are reserved, ensuring significant participation from institutional investors. Non-Institutional Investors (NIIs), including High Net Worth Individuals (HNIs), are allotted 15% of the shares, while Retail Individual Investors (RIIs) have a 10% reservation in the IPO. Additionally, there is a reserved portion for eligible employees under the Employee Reservation Quota


How to Apply for Sagility India IPO?

Here’s how you can apply for the Sagility India IPO:

UPI Mandate: Ensure that you approve the UPI mandate request to complete your application.

Through ASBA: You can apply via the Application Supported by Blocked Amount (ASBA) process through your bank.

Using Online Broker Platforms: Platforms like Angel One, Groww, and Upstox offer a quick and seamless IPO application process.

Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.


FAQs

What is the price band for the  Sagility India Ltd IPO?
The IPO price band is set between ₹28 and ₹30 per share.

What is the minimum investment required?
The minimum lot size for retail investors is 500 shares, translating to an investment of approximately ₹15,000 at the lower end of the price band​

When is the  Sagility India IPO opening and closing date?
The  Sagility India IPO is scheduled to open on November 5, 2024, and close on November 7, 2024. The shares are expected to be listed on the stock exchanges by November 12, 2024

How can I apply for the  Sagility India IPO?
You can apply through major brokerage platforms like Zerodha, Groww, or AngelOne, provided you have a Demat account.

How can I check the GMP for  Sagility India Limited IPO?
GMP updates are available on financial websites and IPO tracking portals like Chittorgarh, Investorgain and IPO Central, which update GMP daily.

Who is the registrar for  Sagility India IPO?
The registrar for  Sagility India IPO is Link Intime India Pvt Ltd. Investors can check their allotment status on Link Intime’s official website.