7 Most Anticipated IPOs Of 2024; Check List

With a remarkable number of IPOs being launched last year, analysts and experts believe that in 2024 too the IPO momentum will continue. Some big names are hitting the IPO channel this year. Here's looking at 7 most anticipated IPOs of 2024.

Ola Electric, the Electric two-wheeler company, has filed its preliminary papers with Sebi for its proposed initial public offering (IPO). As per the draft red herring prospectus (DRHP), the upcoming IPO will be a fresh issue of equity shares up to Rs 5,500 crore and an offer for sale (OFS) of 9.52 crore equity shares by promoters and investors.

FirstCry parent firm Brainbees Solutions Ltd has filed its preliminary papers with capital markets regulator Sebi for its proposed initial public offering (IPO). As per the draft red herring prospectus (DRHP), the upcoming IPO will be a fresh issue of equity shares up to Rs 1,816 crore and an Offer For Sale (OFS) of up to 5.44 crore equity shares by shareholders.

Aakash Education Services Limited, test preparatory arm of Edtech major BYJU’S is expected to file its IPO by the middle of this year. BYJU’S had in June last year said that the appointment of the merchant bankers for the IPO will be announced soon to ensure a planned and successful listing.

Hospitality Firm OYO, which was expected to launch its initial public offering (IPO) last year, may do so in 2024. OYO had filed preliminary documents with the Sebi on September 2021 for a Rs 8,430-crore IPO, including a fresh issue of equity shares aggregating up to Rs 7,000 crore and an offer for sale of Rs 1,430 crore. However, in 2023, the company resubmitted its draft red herring prospectus (DRHP) with Sebi through a pre-filing route, that allows for an IPO to be floated within 18 months from the date of Sebi's final comments.

Mobikwik had postponed its IPO last year, with speculations around that the company will launch its IPO this year.

A lot of buzz is gathering around Swiggy's upcoming IPO this year. Though the market was speculating the company's IPO last year itself, with the recent appointment of ex-Diageo CEO Anand Kripalu as the chairman of board, the IPO anticipation has further gained momentum.

There has been a lot of buzz in the media regarding Digital payments platform PhonePe's initial public offering (IPO) this year. Meanwhile, company's CEO Sameer Nigam had in an interview to PTI had said the company is aiming for an IPO in 2024-2025.