Initial Public Offerings (IPOs) in India have experienced phenomenal growth over the past few years. This movement might be noticeable in the latter half of 2020 and the following years as well, given the upward trend in the stock market and the enormous number of companies going public. Let’s talk about the list of impending IPOs with hazy dates that are provided below.
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What Is the IPO Calendar?
A timeline or list of planned or anticipated IPOs by firms is known as an IPO calendar. The IPO calendar lists the businesses that want to list their shares on a stock exchange, as well as other information about the IPO, such as the amount of the offering and the stock exchange. Websites covering finance, stock exchanges, and investment banks update their IPO calendars frequently. They are helpful for investors who want to keep track of prospective chances to invest in newly public firms and are interested in taking part in IPOs.
These are tentative, and market conditions, governmental clearances, and the company’s financial performance, among others, may impact the precise timing of an IPO. As a result, before making any investment decisions, it’s always a good idea to conduct your own study and consult a qualified financial expert.
Use of an IPO Calendar
- The IPO calendar can be used for various purposes, including for businesses that want to go public, by assisting investors in finding new investment opportunities.
- It can give investors a rough sense of when an IPO is anticipated, enabling them to plan accordingly.
- It can offer perceptions of the state of the market and the extent of investor interest in fresh IPOs.
- While a slow calendar may point to a more difficult market situation, a busy calendar may signal a market that is favourable for new stock offerings.
- IPO calendars can be used as a starting point for investors to learn more about potential investments by giving them information about the firms that are coming public and their financials.
- Investors can use the IPO calendars to plan their investment strategy, including deciding how much money to allocate to IPOs, when to buy shares, and how much they want to sell their shares for.
- As investors can discover which other businesses are preparing to go public and evaluate the possible impact on their investment decisions, it can also give information about market competition.
How to Get the IPO Calendar?
An IPO calendar can be available in a number of ways. For Indian investors, there are numerous stock market and financial websites that offer up-to-date IPO schedules. Certain well-known websites include the NSE (National Stock Exchange) of India. If you have a brokerage account, you might be able to use their online portal to check their IPO calendar. Both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) feature IPO calendars on their websites that list previous and forthcoming offerings. IPOs are frequently covered by business news websites and financial media publications, which also keep up-to-date calendars of IPOs.
The Operation of an IPO Calendar
An initial public offering (IPO) calendar primarily functions by listing forthcoming or anticipated IPOs by businesses. Information like the firm name, anticipated IPO date, size of the offering, and stock exchange where the shares will be listed are all included on the calendar. The calendar is periodically updated to reflect alterations in the IPO market, including newly added IPOs, IPOs that have been postponed or cancelled, and IPOs that have already been completed. Various sources, like stock exchanges, financial institutions, and the organisations themselves, are often used to compile the data for the calendar.
The shares become available for public purchase through a stockbroker after the IPO is issued. A lottery may be used to select which orders are filled if the initial public offering is oversubscribed, which means that there are more purchasers than shares available.
IPO Calendar 2023
The end of 2022 and the following year are likely to see the IPO of a wide range of tech start-ups and unicorn businesses. Look at the few companies that are listed in the IPO calendar:
- Oyo Rooms
- Byju’s
- Mamaearth
- Ixigo
- Tata Technologies & Tata Play
- Byju’s
- Flipkart
- Ola
- boAt
- Swiggy
Disclaimer: IPO Calendars should not be your only source of information when making investment decisions. Several variables, like market circumstances, governmental permissions, and the company’s financial performance, might affect the precise date of an IPO. So, it’s better to conduct your own research and consult a professional before making any investing decisions. You can also enhance your knowledge of IPO subscriptions with Share India’s resources.
Factors To Consider When Looking At An IPO Calendar
Here are the important factors to evaluate upcoming IPOs based on the IPO calendar.
Check the Company Fundamentals
You need to analyse the financial statements, competitive positioning, and industry growth drivers to gauge the overall health and investment merits of the business. Make sure that you benchmark financial ratios like P/E (Price to Earnings), ROE (return on equity), and debt levels against industry peers. Understand the company’s business model and outlook.
Company Valuations
Evaluate the IPO price band relative to listed industry peers to determine reasonableness. Analyse valuations in relation to the company’s financials and growth prospects over the past year.
IPO Sentiment
Know the sentiment of investors and demand. Depending on IPO demand, the chances of success or failure of IPOs can move in either direction. See if the company requires external capital or is just aiming to provide an exit to investors.
Peer Performance
You need to check the stock price performance and liquidity of other listed companies operating in the same sector. This will provide an idea of the valuations of the IPOs and investor curiosity for the following IPOs.
Market conditions
Gauge the overall direction and risk appetite in the share market around the time of the IPO. New listings tend to perform better when markets are stable.
Know about Underwriter
Underwriters play an important role in an IPO process. You need to check with the underwriter before investing in any IPOs. Do check and research about underwriters to get a fair price for an IPO.
Growth Visibility
Examine the company’s financials to determine the revenue and profit growth delivered historically. Understand the short and long-term growth levers by analysing drivers like market share, client additions, capacity expansions, etc.
Grey Market Premium
Do check the premium commanded in the unofficial grey market, which indicates investor demand and expected listing gains. Monitor grey market trends ahead of the listing.
Post-listing Plans
Investors should study any major expansion projects, mergers and acquisitions (M&As), new product launches, etc., announced to take place post the IPO, as these can act as triggers for the stock.
Conclusion
An IPO calendar provides an important listing of upcoming initial public offerings, and it can be considered a valuable reference tool for investors. If you are looking to allocate capital to new stock listings, then track an IPO calendar. Analyse crucial details about the size, price band, allotment ratios, listing dates, peer comparisons, etc. An IPO calendar enables informed IPO investment decision-making through the early availability of relevant information in a consolidated schedule. As an important investment, you can use this IPO calendar for planning and researching potential IPO opportunities.
