Upcoming IPO: After a long period of lull, the activity in the Indian stock market has increased again. Market regulatory body SEBI has given approval to five big companies to launch their IPO. This list includes leading companies from different sectors like hospitality, real estate and agri-tech. With the entry of these companies in the market, investors will now have new opportunities to expand their portfolio.
These 5 giants including Oyo are ready to enter the market
The company which was most awaited in the market is Oreval Stages i.e. Oyo. This technology-based platform has created a distinct identity for itself in the field of hotels, vacation homes and other hospitality services. After receiving the observation letter from SEBI, the path for listing of the company is now completely clear. Apart from Oyo, the names of Truhome Finance, Advanta Enterprises, Veegaland Developers and Mehta Hitech Industries are included in this list.
Opportunity to invest in affordable housing and agri-tech
Truhome Finance, which works in the field of affordable housing finance, is preparing to launch an IPO of Rs 3,000 crore. In this offer, new shares worth Rs 1,500 crore will be issued, while the remaining part will come through Offer for Sale (OFS). Following the acquisition by Warburg Pincus in 2024, the company is focusing on strengthening its capital base. At the same time, the IPO of Advanta Enterprises will be completely based on offer for sale. This agricultural solutions company is working globally in hybrid seeds and post-harvest technologies, which highlights the growing potential of the Indian agri-tech market.
Opportunity in real estate and industrial sector also
Kerala real estate company Veegaland Developers is also in this queue. This company, belonging to V-Guard Group, will use the entire proceeds from its Rs 250 crore IPO for its residential projects and acquisition of new land. The most important thing is that there is no OFS in this IPO, that is, the entire investment amount will reach the company directly. At the same time, Mehta Hitech Industries of Ahmedabad will expand in the field of industrial automation. The company manufactures equipment like laser systems and digital printers.
Disclaimer: This article is for information only and should not be considered as investment advice in any way. TV9 Bharatvarsh advises its readers and viewers to consult their financial advisors before taking any money-related decisions.
Leave a Reply