Current IPOs List
Fractal Industries Limited
What are Current IPOs?
Current IPOs are public offerings that are open for subscription. Investors can place bids during the subscription window before the shares are listed on stock exchanges.
Once an IPO opens, it generally remains open for 3 days. Applications can be submitted until 5:00 PM on the closing day.
IPOs enable private limited companies to raise capital from public investors, enhance brand visibility, and strengthen their market reputation.
How to Select the Best Current IPO to Buy?
The PL Capital platform allows you to view all currently active IPOs. Before applying, evaluate them using the following key parameters:
Examine the DRHP
Review the Draft Red Herring Prospectus for details on the company's business model, financials, objectives, and risk factors.
Assess Financial Health
Analyse revenue, profit after tax, EBITDA, assets, liabilities, and total borrowings to understand financial stability.
Evaluate Risks
Identify risks related to competition, regulations, legal matters, and operational challenges disclosed in the DRHP.
Understand Use of Proceeds
Check how the IPO funds will be utilised-debt repayment, expansion plans, working capital, or general corporate purposes.
Scrutinise IPO Valuation
Compare valuation metrics such as P/E and P/B ratios with listed peers to ensure you are not overpaying.
How to Apply for a Current IPO Online?
By opening a PL Capital Demat Account, you can apply for current IPOs in just a few simple steps:
Login to Your Account
Access your PL Capital trading account.
Select IPO
Choose the IPO you wish to apply for and click on the “Bid” option.
Enter Bid Details
Select the number of lots and enter your preferred bid price.
Provide UPI ID
Submit your UPI ID to initiate the fund block request.
Approve & Apply
Approve the mandate in your UPI app to complete the application.
Factors to Consider Before Applying for Current IPOs
Investment Horizon
Decide whether your goal is short-term listing gains or long-term wealth creation.
Risk & Allocation
Assess your risk tolerance and avoid over-allocating your portfolio to IPOs.
Promoter & Management Quality
Evaluate promoter credibility, management experience, and shareholding patterns.
Expert Opinions
Consider IPO grading and views from reputed and registered market experts.
Business Understanding
Invest only if you understand the company’s business model, industry trends, and growth prospects.
FAQs on IPOs
The process through which a private company offers its shares to the public for the first time is called an Initial Public Offering (IPO).
After the IPO, the company becomes publicly listed on stock exchanges, transforming it from a privately held entity with a limited number of investors to a publicly traded one, allowing anyone to buy or sell its shares on the stock market.
This process enables the company to gather equity capital from a wider range of investors. IPOs are introduced in the primary market, and once listed, the company’s shares are actively traded in the secondary market, facilitated by the stock exchanges.
There are 4 type of Investors in an IPO:
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- Qualified Institutional Buyers (QIBs), which include:
- Mutual funds
- Foreign institutional investors
- Commercial banks
- Insurance companies, among others
- Anchor Investors:
Are QIBs who are required to invest a minimum of ₹10 cr for a mainboard IPO, however the price for them is fixed and bidding begins for them one day prior to the start of the issue.
The presence of well known reputed investors in the anchor book instill confidence in retail investors to apply for the IPO. - Non – Institutional Investors (NIIs), whose application value is more ₹2 lakh:
- Corporates
- Individuals (other than retail investors)
- Others like societies and trusts, eligible NRIs, etc
- Retail Investors, whose application value is less than ₹2 lakh
- Qualified Institutional Buyers (QIBs), which include:
The full form of GMP is Grey Market Premium. This refers to the ‘premium’ that investors are willing to pay over the issue price of the said IPO before it is listed on the stock exchanges.
It acts as a indicator of the market sentiment for the IPO and reflects on how the IPO may perform on listing day.
The full form of IPO is Initial Public Offering.
