Upcoming IPO 2023

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Upcoming IPOs 2023

IPO 2023

What is an Initial Public Offering (IPO)?

IPO stand for Initial Public Offering. IPO is a process where a privately held company plans to go public. Here a company issue shares to public at a certain price through a book building process.

The following is the list of IPOs in 2023 listed in NSE and BSE exchanges, The below list provides detail of IPOs in the year 2023 at BSE and NSE exchanges. Check 2023 IPO details, IPO review & analysis, IPO allotment status, IPO subscription of each company is provided.

IPO List 2023 (List of IPOs at NSE & BSE)

Issuer CompanyExchangeOpenCloseLot SizeIssue PriceIssue Size (Rs Cr)
Flair Writing Industries Limited IPO DetailsBSE, NSENov 22, 2023Nov 24, 202349304.00593.00
Fedbank Financial Services Limited IPO DetailsBSE, NSENov 22, 2023Nov 24, 2023107140.001092.26
Gandhar Oil Refinery India Limited IPO DetailsBSE, NSENov 22, 2023Nov 24, 202388169.00500.69
Tata Technologies Limited IPO DetailsBSE, NSENov 22, 2023Nov 24, 202330500.003042.51
Indian Renewable Energy Development Agency Limited IPO (IREDA IPO) DetailsBSE, NSENov 21, 2023Nov 23, 202346032.002150.21
ASK Automotive Limited IPO DetailsBSE, NSENov 07, 2023Nov 09, 202353282.00834.00
Protean eGov Technologies Limited IPO DetailsBSE, NSENov 06, 2023Nov 08, 202318792.00490.33
ESAF Small Finance Bank Limited IPO DetailsBSE, NSENov 03, 2023Nov 07, 202325060.00463.00
Honasa Consumer Limited IPO DetailsBSE, NSEOct 31, 2023Nov 02, 202346324.001701.00
Cello World Limited IPO DetailsBSE, NSEOct 30, 2023Nov 01, 202323648.001900.00
Blue Jet Healthcare Limited IPO DetailsBSE, NSEOct 25, 2023Oct 27, 202343346.00840.27
IRM Energy Limited IPO DetailsBSE, NSEOct 18, 2023Oct 20, 202329505545.40
Plaza Wires Limited IPO DetailsBSE, NSESep 29, 2023Oct 05, 202327754.0071.28
Valiant Laboratories Limited IPO DetailsBSE, NSESep 27, 2023Oct 03, 2023105140.00152.46
Updater Services Limited IPOBSE, NSESep 25, 2023Sep 27, 202350300.00640.00
JSW Infrastructure Limited IPO DetailsBSE, NSESep 25, 2023Sep 27, 2023126119.002800.00
Manoj Vaibhav Gems ‘N’ Jewellers Limited IPO DetailsBSE, NSESep 22, 2023Sep 26, 202369215.00270.20
Sai Silks (Kalamandir) Limited IPO DetailsBSE, NSESep 20, 2023Sep 22, 202367222.001201.00
Signatureglobal (India) LimitedBSE, NSESep 20, 2023Sep 22, 202338385.00730.00
Yatra Online Limited IPO DetailsBSE, NSESep 15, 2023Sep 20, 2023105142.00602
Zaggle Prepaid Ocean Services Limited IPOBSE, NSESep 14, 2023Sep 18, 202390164.00563.38
SAMHI Hotels Limited IPOBSE, NSESep 14, 2023Sep 18, 2023119126.00126.00
R R Kabel Limited IPOBSE, NSESep 13, 2023Sep 15, 20231410351964.01
EMS Limited IPOBSE, NSESep 08, 2023Sep 12, 202370211321.24
Jupiter Life Line Hospitals Limited IPOBSE, NSESep 06, 2023Sep 08, 202320735869.08
Ratnaveer Precision Engineering IPOBSE, NSESep 04, 2023Sep 06, 202315098165.03
Rishabh Instruments Limited IPOBSE, NSEAug 30, 2023Sep 01, 202334441490.78
Vishnu Prakash R Punglia Limited IPOBSE, NSEAug 24, 2023Aug 28, 202315099308.88
Aeroflex Industries Limited IPOBSE, NSEAug 22, 2023Aug 24, 2023130108351.00
Pyramid Technoplast Limited IPOBSE, NSEAug 18, 2023Aug 22, 202390166153.05
TVS Supply Chain Solutions Limited IPOBSE, NSEAug 10, 2023Aug 14, 202376197.00880
Concord Biotech Limited IPOBSE, NSEAug 04, 2023Aug 08, 202320741.001551.00
SBFC Finance Limited IPOBSE, NSEAug 03, 2023Aug 07, 202326057.001025
Yatharth Hospital and Trauma Care Services Limited IPOBSE, NSEJul 26, 2023Jul 28, 202350300.00687.00
Netweb Technologies India Limited IPOBSE, NSEJul 17, 2023Jul 19, 202330500.00631.00
Utkarsh Small Finance Bank Limited IPOBSE, NSEJul 12, 2023Jul 14, 202360025.00500.00
Senco Gold Limited IPOBSE, NSEJul 04, 2023Jul 06, 202347317405.00
Cyient DLM Limited IPOBSE, NSEJun 27, 2023Jun 30, 202356265.00592.00
ideaForge Technology Limited IPOBSE, NSEJun 26, 2023Jun 29, 202322672.00567.00
SBFC Finance Limited IPOBSE, NSEAug 03, 2023Aug 07, 202326057.001025.00
HMA Agro Industries IPOBSE, NSEJun 20, 2023Jun 23, 202325585.00480.00
IKIO Lighting Limited IPOBSE, NSEJun 06, 2023Jun 08, 202352285.00607.00
Nexus Select Trust REIT IPOBSE, NSEMay 09, 2023May 11, 20231501003200.00
Mankind Pharma Limited IPOBSE, NSEApr 25, 2023Apr 27, 2023131080.004326.36
Avalon Technologies Limited IPOBSE, NSEApr 03, 2023Apr 06, 202334436.00865.00
Udayshivakumar Infra Limited IPOBSE, NSEMar 20, 2023Mar 23, 202342835.0066.00
Global Surfaces Limited IPOBSE, NSEMar 13, 2023Mar 15, 2023100140.00154.98
Divgi TorqTransfer Systems IPOBSE, NSEMar 01, 2023Mar 03, 202325412.12590.00

Click to read more about 2022 IPO List 

Closed IPO performance 2023

Issuer CompanyListed OnIssue PriceListing Day CloseListing Day Gain
Fedbank Financial Services Limited IPO DetailsNov 30, 20231401400%
Gandhar Oil Refinery India Limited IPO DetailsNov 30, 2023169301.578.4%
Tata Technologies Limited IPO DetailsNov 30, 20235001314.25162.85%
Indian Renewable Energy Development Agency Limited IPO (IREDA IPO) DetailsNov 29, 20233259.9987.47%
ASK Automotive Limited IPO DetailsNov 15, 2023282310.210%
Protean eGov Technologies Limited IPO DetailsNov 13, 202379288311.49%
ESAF Small Finance Bank Limited IPO DetailsNov 10, 20236069.0515.08%
Honasa Consumer Limited IPO DetailsNov 7, 2023324337.154.06%
Cello World Limited IPO DetailsNov 6, 2023648791.922.21%
Blue Jet Healthcare Limited IPO DetailsNov 1, 2023346395.8514.41%
IRM Energy Limited IPO DetailsOct 26, 2023505472.95-6.35%
Plaza Wires Limited IPO DetailsOct 12, 20235480.2348.57%
Valiant Laboratories Limited IPO DetailsOct 6, 2023140169.0520.75%
Updater Services Limited IPOOct 4, 2023300283.85-5.38%
Manoj Vaibhav Gems ‘N’ Jewellers Limited IPO DetailsOct 3, 2023215215.650.3%
JSW Infrastructure Limited IPO DetailsOct 3, 2023119157.332.18%
Yatra Online Limited IPO DetailsSep 28, 2023142135.95-4.26%
Sai Silks (Kalamandir) Limited IPO DetailsSep 27, 2023222244.8510.29%
Signatureglobal (India) LimitedSep 27, 2023385458.419.06%
Zaggle Prepaid Ocean Services Limited IPOSep 22, 2023164158.3-3.48%
SAMHI Hotels Limited IPOSep 22, 2023126143.5513.93%
EMS Limited IPOSep 21, 2023211279.7532.58%
R R Kabel Limited IPOSep 20, 202310351196.6515.62%
Jupiter Life Line Hospitals Limited IPOSep 18, 20237351075.2546.29%
Rishabh Instruments Limited IPOSep 11, 2023441442.750.4%
Ratnaveer Precision Engineering IPOSep 11, 202398134.437.14%
Vishnu Prakash R Punglia Limited IPOSep 5, 202399145.9347.4%
Aeroflex Industries Limited IPOAug 31, 2023108163.1551.06%
Pyramid Technoplast Limited IPOAug 29, 2023166175.755.87%
TVS Supply Chain Solutions Limited IPOAug 23, 2023197200.952.01%
Concord Biotech Limited IPOAug 18, 2023741941.8527.11%
SBFC Finance Limited IPOAug 16, 20235792.2161.77%
Yatharth Hospital and Trauma Care Services Limited IPOAug 7, 2023300333.8511.28%
Netweb Technologies India Limited IPOJul 27, 2023500910.582.1%
Utkarsh Small Finance Bank Limited IPOJul 21, 20232547.9491.76%
Senco Gold Limited IPOJul 14, 2023317405.327.85%
Cyient DLM Limited IPOJul 10, 2023265420.7558.77%
ideaForge Technology Limited IPOJul 7, 20236721294.9592.7%
HMA Agro Industries IPOJul 4, 2023585584.75-0.04%
IKIO Lighting Limited IPOJun 16, 2023285403.7541.67%
Nexus Select Trust REIT IPOMay 19, 2023100104.264.26%
Mankind Pharma Limited IPOMay 9, 202310801424.0531.86%
Avalon Technologies Limited IPOApr 18, 2023436397.45-8.84%
Udayshivakumar Infra Limited IPOApr 3, 20233531.5-10%
Global Surfaces Limited IPOMar 23, 2023140170.922.07%
Divgi TorqTransfer Systems IPOMar 14, 2023590605.152.57%
Sah Polymers IPOJan 12, 20236589.2537.31%
Radiant Cash Management Services IPOJan 4, 202394104.711.38%

Click to read more about the 2022 IPO performance

How to Apply for an IPO?

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IPO Terms

Exchange: It is a place where a company’s shares or derivative products like Futures and options are issued and traded between retail investors, institutional investors, traders, etc. There are two stock exchanges in India namely the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). There is one more exchange called MCX, where securities related to commodities are traded.  

IPO Open Date / Issue Close Date: It is a date on which a potential investor can subscribe for the shares issued by  company. Open date is the 1st day on which the subscription starts and close date is the last date for subscription. Normally, a subscription will be open for three days.

Lot Size: A lot consists of a certain number of shares. There is a minimum lot and maximum lot. The value of the  minimum lot should not breach Rs 15,000-mark and maximum lot should not cross Rs 2 lakh mark.

Issue Price: It the price of a single share that is on offer. It has lower price band and upper price band per equity share.  

Issue Size: It is the total amount a company plans to raise by issuing shares to public in an IPO. These shares can be fresh shares or shares held by promoter or promoter group.  

Frequently Asked Questions

IPO is an acronym for Initial Public Offering. Through an IPO, a company will sell its shares to institutional buyers and retail buyers in the primary market. There are two exchanges – BSE and NSE – in India. A company’s shares get listed in either or both the exchanges after the IPO. Private companies become public listed companies after an IPO.

Book Building is a process followed by a company when it plans to go for an IPO or FPO. This is essentially done to determine the best price in the market.

In a Book Building process, a company sets a floor price and securities are offered at prices above or equal to the floor prices, whereas, in the other case, securities are offered at a fixed price. During the Book Building process, the demand can be known every day as the book is built. But in the case of a Fixed Price Issue, the demand of the issue is known only after its closure.
Yes, a minor can apply for IPO shares after a Demat account has been opened in the name of the minor. The Demat account will be operated by the minor’s guardian. Ideally, a minor can apply for IPO using net-banking ASBA linked with their Demat account details, subject to terms and conditions.
Yes. According to market regulator SEBI, PAN is mandatory for all applicants of an IPO. If you submit an application form without your PAN number or the wrong PAN number, then it will be considered as a wrong application and your application will be rejected. So, please make sure the correct PAN details are linked to your Demat account.

You can find the list of upcoming IPOs in 2021 in the below link.


No. You cannot apply for an IPO through multiple applications with the same name. If done so, all the IPO applications will be rejected.

Three days. It will open on Day 1, 10 am  and close on Day 3, 5 pm.

Have any further questions about IPOs? Click here

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