November 2024 IPO Calendar

November 2024 is chock-full of exciting IPO opportunities! You have the likes of tech leaders to well-established players from other industries, and a chance to invest in those diversified sectors for portfolio diversification. Here is the exhaustive list of upcoming IPOs with dates, price bands, and essential information for each listing.

Mark your calendars! 

Upcoming Mainboard IPOs in November 2024

Swiggy IPO

Swiggy, founded in 2014 and headquartered in Bangalore, is India’s largest online food delivery service, operating across 580+ cities as of 2023. Known for its fast, reliable, and convenient delivery, Swiggy has revolutionized the food delivery industry in India, becoming the go-to platform for millions of users.

In addition to food delivery, Swiggy has been serving millions of customers with the further strength of various premium services, such as instant grocery delivery through Instamart and same-day package delivery across cities through Swiggy Genie. Such diversification helps Swiggy become a dominant player in the on-demand delivery space catering to the growing needs of urban consumers.

The company has very strongly established Swiggy as a go-to platform for on-demand delivery solutions in India with continuous innovation and service expansion.

As of June 30, 2024, Swiggy's Instamart operated a large network of 557 Active Dark Stores across 32 cities in India and as of September 10, 2024, Instamart operated a network of 605 Active Dark Stores across 43 cities in India. As of June 30, 2024, the company employed 5,401 people.

Swiggy Limited IPO details :

🗓️Date: 6 November 2024 - 8 November, 2024

🏷️Price Band : ₹371- ₹390

📦Market Lot: 38 Shares

💰Application Amount: ₹14,820

📏Size : ₹11,327 Cr Approx

👦Retail Portion: 10%

📃 Retail Form: 7,62,360

📄HNI Small Form: 27,227

📄HNI Big Form: 54,454

🏷️Face Value: ₹1

Sagility India Limited IPO

Sagility India Limited, erstwhile Berkmeer India Private Limited, is the Indian healthcare services leader that caters to specific solutions in the U.S. healthcare industry. The payers, including all the health insurers that bear healthcare costs within the U.S., and Providers that include hospitals, clinics, and diagnostic centers find solace in the knowledge of Sagility India in its seamless support for the healthcare ecosystem.

Payers have been offered a centralization of claims administration, checks in integrity payment, and support in clinical management from the services. This guarantees that Sagility processes claims free of errors in payments as well as streamlines the management of healthcare. Provider reimbursement flows become easier due to the revenue cycle management solution Sagility offers by having a less complicated billing and claim process. Sagility India provides several services to its Pharmacy Benefit Managers, or PBMs, which manage prescription drug coverage under health plans, enhancing coverage efficiency and support for their patients.

Sagility India has 35,000 employees with a female composition of 60.52% within its workforce; it makes use of certified professionals, such as registered nurses and certified medical coders. Sagility India is known for its dependability, serving five out of the ten largest U.S. payers, and adding 20 new clients since 2023 and up to 2024, which is proof of its steady growth and prestige in the healthcare services market.

Long-term partners—Sagility India averages 17 years with top customer groups—puts the firm firmly in the place of a trusted partner which optimizes healthcare operations all over the United States.

Sagility India Limited IPO Details: 

🗓️Date: 5 November 2024 - 7 November 2024

🏷️Price Band : ₹28- ₹30

📦Market Lot: 500 Shares

💰Application Amount: ₹15,000

📏Size : ₹2,106 Cr Approx

👦Retail Portion: 10%

📃 Retail Form: 1,40,060

📄HNI Small Form: 5,002

📄HNI Big Form: 10,004

🏷️Face Value: ₹10

ACME Solar Holdings Limited IPO

ACME Solar Holdings Limited, incorporated in June 2015, stands among India’s premier renewable energy power producers, specializing in wind and solar energy generation. With expertise in large-scale renewable project development, ACME Solar Holdings focuses on a full-cycle approach: from engineering and procurement to construction and ongoing operations. The company’s in-house EPC (engineering, procurement, and construction) and O&M (operation and maintenance) teams ensure optimal performance and longevity of its extensive renewable portfolio.

ACME Solar Holdings generates revenue by supplying electricity to diverse clients, including entities backed by central and state governments, establishing long-term revenue stability. Thus the company has long-term earning capacity. The company portfolio includes 1,320 MW (1,802 MWp) of operational solar project capacity as of March 31, 2024. 1,650 MW of solar and wind projects are under development. Besides, its won project capacity is 2,380 MW diversified in solar, hybrid, and FDRE project types, and underlines leading positions by the adoption of the most modern renewable technologies.

ACME Solar’s strengths include its position as one of India’s largest independent renewable power producers, a diversified technology portfolio, and a robust, integrated project development strategy. Contracts with government-backed entities further strengthen ACME’s revenue base, while access to varied funding channels and superior design and engineering deliver industry-leading efficiencies. The experienced leadership team and a dedicated workforce of 214 professionals contribute to the company’s dynamic growth in India’s fast-evolving renewable energy sector.

With a steadfast commitment to sustainable energy, ACME Solar Holdings Limited continues to expand its footprint in India, driving the country’s renewable energy transformation and reinforcing its status as a powerhouse in clean energy.

ACME Solar Holdings IPO Details:

🗓️Date: 6 November 2024 to 8 November 2024

🏷️Price Band: ₹275-289

📦Market Lot:Retail: 51 Shares (₹14,739/-)
S-HNI : 714 Shares (₹2,06,346/-)
B-HNI: 3,468 Shares (₹10,02,252/-)

📏Size : ₹2,900 Cr

👦Retail Portion: 10%

📃 Retail Form: 1,96,708 Approx

📄HNI Small Form: 7,003 Approx

📄HNI Big Form: 14,006 Approx

🏷️Face Value: ₹2

Avanse Financial Services Limited IPO

Avanse Financial Services Limited is an education-oriented NBFC leader in India. Its assets under management are the second largest in the market, and its ranking for loan disbursements and profit also leads within its peer group. This education advancement-focused NBFC has student loans available for both studies within the country and international study pursuits. Also, secured loans are available to support education institutions' growth and their infrastructure requirements.

Beyond loans, value-added services including life, health, and travel insurance, wellness resources, foreign exchange, and financial health reports are all provided to customers through strategic third-party partnerships. Avanse operates at the grassroots level with a presence across 545 locations across 19 branches, supported by a 215-strong sales force and digital acquisition channel reach into major educational hubs as well as students across the country. Avanse stands for accessible education financing, which empowers students and institutions across the nation with committed, full-spectrum support.

Avanse Financial Services Limited IPO Details:

🗓️Date: TBA

🏷️Price Band: TBA

📦Market Lot: TBA

💰Application Amount: TBA

📏Size : ₹3500 Cr Approx

👦Retail Portion: 35%

📃 Retail Form: TBA

📄HNI Small Form: TBA

📄HNI Big Form: TBA

🏷️Face Value: ₹5

NTPC Green Energy Limited IPO

NTPC Green Energy Limited is the green energy business of NTPC Limited, registered in April 2022 and energetically leading the charge of transition in India into a clean energy future. Growth for NTPC Green is derived from organic development projects and strategic investments in addition to focusing on making India breathe clean today. NTPC Green commissioned 3,071 MW of solar power, and 100 MW of wind power in six states in India by August 2024 and provided energy supplies for communities and industries.

NTPC Green has grown rapidly with a pipeline of 14,696 MW, of which active projects stand at 2,925 MW and under-development ventures at 11,771 MW. The company is currently working with 15 off-takers in as many as 37 solar and 9 wind projects, which gives it firm partnerships and strong energy lines. Backed by the deep expertise and industry connections of NTPC, NTPC Green is a strong player in the renewable sector, led by a dedicated team of 234 employees and 45 contractors who are bringing India closer to a sustainable future.

NTPC Green Energy Limited IPO Details:

🗓️Date : 19 - 22 Nov ,2024

🏷️Price Band : ₹102- ₹108

📦Market Lot: 138 Shares

💰Application Amount: ₹14,904

📏Size: ₹10,000 Cr Approx

👦Retail Portion: 10%

📃 Retail Form: 5,90,446

📄HNI Small Form: 21,087

📄HNI Big Form: 42,175

🏷️Face Value: ₹10

Niva Bupa Health Insurance Company Limited IPO

Niva Bupa Health Insurance Company Limited is a joint venture company established in 2008 between the Bupa Group and Fettle Tone LLP. Niva Bupa is a unique entity in India's health insurance market. The company is providing a robust health ecosystem beyond insurance, with comprehensive access to health services across friendly mobile applications and websites.

The company offers custom retail products for individuals and families as well as group insurance options for employers and employees. As of March 2024, Niva Bupa had insured 14.73 million active lives across 22 states and four union territories in India.

With a mind-boggling CAGR of 41.27% in GWP, FY 2022- FY 2024 has made Niva Bupa the new-age preferred name for retail health insurance. There is a very robust and strong telemarketing team of 410 working for the company. State-of-the-art machine learning, real-time CRM, and product recommendation tools guide customer engagement for the same. Niva Bupa also relies on a highly capable 126-member tech team with continuous development of digital assets that create richer experiences in the lives of customers as well as simplify their health management.

Niva Bupa Health Insurance IPO Details:

🗓️Date: 7 November 2024 - 11 November 2024

🏷️Price Band : ₹70-74

📦Market Lot: 200 Shares

💰Application Amount: ₹14,800/-

📏Size : ₹2,200 Cr

👦Retail Portion: 10%

📃 Retail Form: 1,48,649

📄HNI Small Form: 5,309 Approx

📄HNI Big Form: 10,618 Approx

🏷️Face Value: ₹10

Zinka Logistics Solution Limited IPO ( BlackBuck IPO)

Founded in April 2015, Zinka Logistics Solution Limited, popularly known as BlackBuck, is India’s leading digital platform for truck operators. With a mission to transform the trucking industry, BlackBuck empowers operators across India to streamline operations, make payments, access vehicle financing, and manage logistics efficiently—all through a single app.

As of FY2024, BlackBuck connects over 27.5% of India’s truck operators, with an active network of 963,345 users. Through its comprehensive services, BlackBuck processed a substantial Gross Transaction Value (GTV) of Rs 173,961.93 million. The platform leverages technology to offer telematics services, with 356,050 devices enabling real-time tracking and fleet management.  It has further availed vehicle financing options for the loans extended, amounting to 4,035 loans and Rs 1,967.88 million, and covered 48 districts in seven states.

Zinka Logistics Solution Limited IPO ( BlackBuck IPO) Details:

🗓️Date: 13 November 2024 - 18 November 2024

🏷️Price Band : ₹259-273

📦Market Lot: 54 Shares

💰Application Amount: ₹14,742/-

📏Size : ₹1,115 Crores

👦Retail Portion: 10%

📃 Retail Form: 75,572 Approx

📄HNI Small Form: 2,699 Approx

📄HNI Big Form: 5,398 Approx

Enviro Infra Engineers Limited IPO

Enviro Infra Engineers is a cutting-edge EPC company delivering end-to-end solutions in the design, construction, operation, and maintenance of Water and Wastewater Treatment Plants (WWTPs) and Water Supply Scheme Projects (WSSPs) for government bodies all over India. It specializes in a wide range of services with the production of advanced WWTPs that include STPs, sewerage schemes, and CETPs. In turn, its WSSPs include water treatment plants, pumping stations, and pipelines. Most of its projects are ZLD-compliant, wherein the treated water can be reused for horticulture, industrial purposes, washing, and refrigeration.

Enviro Infra Engineers is devoted and enthusiastic about helping India achieve sustainable water management goals - current projects either receive partial funding from the Central Government through initiatives such as the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) or fully funded under the NMCG. In the rural areas, funding for water supply projects comes under Jal Jeevan Mission (JJM) with co-financing support from the states and ULBs.

The company has successfully developed 26 WWTPs and WSSPs, of which 20 have been large projects sized above 10 MLD. Until 31 December 2023, the order book stood at 21 ongoing projects worth ₹ 2,341.14 crores, underlining the footprint in the Indian water and wastewater treatment sector by Enviro Infra Engineers.

Enviro Infra Engineers Limited IPO Details:

🗓️Date: 22 November 2024 - 26 November 2024

🏷️Price Band : ₹140-148

📦Market Lot: 101 Shares

💰Application Amount: ₹14,948/-

📏Size : ₹650.43 Cr

👦Retail Portion: 35%

📃 Retail Form: 1,51,979 Approx

📄HNI Small Form: 1,551 Approx

📄HNI Big Form: 3,102 Approx

Upcoming SME IPOs in November 2024

Neelam Linens and Garments (India) Ltd IPO

Neelam Linens and Garments (India) Ltd was founded in September 2010 with the aim to play a major role in the soft home furnishings sector in terms of processing, finishing, and distribution of bed sheets, towels, rugs, and garments. The company has two manufacturing facilities, one in Bhiwandi, Thane, Maharashtra, Neelam Linens caters to both the domestic and international markets by providing quality products to well-known stores such as Vijay Sales, Amazon, and Meesho in India and also in overseas countries like, Tuesday Morning, TJX, U.S. Polo Assn.

The company operates two main streams: product processing and trading plus license sales. Its competitive advantages today are a direct-to-customer retailing model, an increased number of products in its portfolio, and increased operational efficiencies. At Neelam Linens, the current capacity is 4,000 pieces per day, producing 6,000 pieces a day. It therefore has the capacity to scale up production to meet the surge in demand. The company has 58 employees at present, balancing payroll and flexible daily wages, as of May 2024.

Neelam Linens and Garments (India) Ltd IPO Details:

🗓️Date: 8 November 2024 - 12 November 2024

🏷️Price Band : ₹20-24

📦Market Lot: 6000 Shares

💰Application Amount: ₹144,000/-

📏Size : ₹13.00 Cr

👦Retail Portion: 35%

🏷️Face Value: ₹10

Rosmerta Digital Services Limited IPO

Rosmerta Digital Services Limited is a subsidiary of Rosmerta Technologies Limited and was founded in 2021. It offers digital solutions and distribution in the automobile industry. Although mainly established as a business focusing on vehicle registration services for original equipment manufacturers, the firm has since diversified into garage services, last-mile delivery, and the delivery of automotive components and accessories.
The company operates under two primary operations segments.

Digitally Enabled Services: The proprietary URJA platform simplifies and streamlines for customers like Cars24 and others in the space of major electric vehicle leaders, vehicle registration, title transfers, last-mile delivery, and regulatory clearances.

Digital Channel Sales: Rosmerta's automobile component distribution is now through over 150 partners. This makes it the top choice of registration for electric two-wheelers, along with OLA Electric and Royal Enfield. The MyRaasta app supports Rosmerta's garage partners. One more facet that underscores this company's customer-centric approach.

The competitive advantage of Rosmerta is its earlier market entry, proprietary technology, OEM partnerships, and national presence. With an employee strength of 505 as of September 2024, the company was well set for sustained growth and innovation in India's automotive sector.

Rosmerta Digital Services Limited IPO Details:

🗓️Date: TBA

🏷️Price Band : ₹140-147

📦Market Lot: 1000 Shares

💰Application Amount: ₹147,000/-

📏Size : ₹206.33 Cr

👦Retail Portion: 35%

🏷️Face Value: ₹2

Mangal Compusolution Limited IPO

Mangal Compusolution Limited provides hardware rental solutions to fulfill the needs of businesses across various industries. The company rents IT hardware and offers comprehensive end-to-end IT equipment. It rents diverse IT equipment, including servers, laptops, desktops, projectors, router switches, workstations, Plasma/LCD TVs, PA Systems, and various accessories.

Mangal Compusolution provides small and large enterprises with customizable IT hardware products, including laptops, desktops, servers, and other equipment, to meet clients' specific requirements.

Mangal Compusolution Limited IPO Details:

🗓️Date: 12 November 2024 - 14 November 2024

🏷️Price Band: ₹45

📦Market Lot: 3000 Shares

💰Application Amount: ₹135,000/-

📏Size : ₹16.23 Cr

👦Retail Portion: 50%

🏷️Face Value: ₹10

Onyx Biotec Limited IPO

Onyx Biotec Limited is a pharmaceutical company providing sterile water for injections. The company currently manufactures Sterile Water for Injections and serves as a pharmaceutical contract manufacturer, offering a comprehensive range of Dry Powder Injections and Dry Syrups for both the Indian and overseas markets.

The company has two manufacturing units in Solan, Himachal Pradesh. Unit I has a daily production capacity of 638,889 units of Sterile Water for Injections, while Unit II produces 40,000 units of dry powder injections and 26,667 units of dry syrup per day in a single shift.

The company clientele includes Hetero Healthcare Limited, Mankind Pharma Limited, Sun Pharmaceutical Industries Limited, Aristo Pharmaceuticals Private Limited, Macleods Pharmaceuticals Limited, Mapra Laboratories Private Limited, Axa Parenterals Limited, FDC Limited, Zuventus Healthcare Limited, Akums Drugs and Pharmaceuticals Limited, Reliance Life Sciences Limited, among others.

Onyx Biotec Limited IPO Details:

🗓️Date: 13 November 2024 - 18 November 2024

🏷️Price Band: ₹58-61

📦Market Lot: 2000 Shares

💰Application Amount: ₹122,000/

📏Size : ₹29.34 Cr

👦Retail Portion: 35%

C2C Advanced Systems Limited IPO

C2C Advanced Systems Ltd is a dynamic defense electronics solutions provider established in 2018 with a focus on high-tech, indigenously developed systems for India's defense sector. Vertically integrated, C2C is unique with C4I systems that enhance situational awareness and decision-making capabilities in conjunction with AI/ML based big data analytics systems to develop advanced intelligence insights. They have expertise in the integration of IIoT real-time data at the enterprise level and in embedded/FPGA designs. The company's main product lines include Combat Management Systems, Anti-Drone Command and Control Systems, and Integrated Vessel Management Systems. C2C stands at the forefront of innovation in defense, thanks to these product lines.

C2C Advanced Systems Limited IPO Details:

🗓️Date: 22 November 2024 - 26 November 2024

🏷️Price Band: ₹214-226

📦Market Lot: 600 Shares

💰Application Amount: ₹135,600/-

📏Size : ₹99.07 Cr

👦Retail Portion: 35%

Lamosaic India Limited IPO

Lamosaic India Limited is a trading and manufacturing unit that deals in flush doors, decorative laminates, acrylic sheets, and plywood. In September 2023, the company opened its first manufacturing workshop in Chembur, Mumbai, covering 650 sq. ft. with this facility. Lamosaic could offer custom-designed laminates, acrylic sheets, and tailor-made flush doors. The firm, mainly operating in the state of Maharashtra, is catering to the market through direct sales and a franchise in Mumbai to serve quality products along with customized solutions for wide-scale customer requirements in both the residential and commercial markets.

Lamosaic India Limited IPO Details:

🗓️Date: 21 November 2024 - 26 November 2024

🏷️Price Band: ₹200

📦Market Lot: 600 Shares

💰Application Amount: ₹120,000/-

📏Size : ₹61.20 Cr

👦Retail Portion: 50%

Rajesh Power Services Limited IPO

Rajesh Power Services Limited provides consultancy to state transmission and distribution companies and private utilities and industries.

Rajesh Power Services Limited has invested in HKRP Innovations Limited (HKRP), which offers customized IT solutions for the energy sector. HKRP specializes in IoT and cloud-based solutions for power grids and renewable energy, providing tools like the Smart Feeder Management System (SFMS), Virtual Feeder Segregation (VFS), Real-Time Monitoring System for Oil Wells (RTMS), and Solar Energy Data Management (SEDM).

The company offers services to both the Renewable and Non-Renewable segments of the power sector.

Rajesh Power Services Limited IPO Details:

🗓️Date: 25 November 2024 - 27 November 2024

🏷️Price Band: ₹319-335

📦Market Lot: 400 Shares

💰Application Amount: ₹134,000/-

📏Size : ₹160.47 Cr

👦Retail Portion: 35%

Rajputana Biodiesel Limited IPO

Rajputana Biodiesel Limited produces and supplies biofuels and their by-products, namely glycerine and fatty acids.

The company's production facility is located at G24 RIICO Industrial Area, Phulera, Rajasthan 303338 in an area of 4,000 square meters. The company has an approved production capacity of 30 kiloliters per day (kl/pd) and an installed production capacity of 24 kiloliters per day (kl/pd).

Rajputana Biodiesel's product portfolio includes Bio-Diesel, Crude Glycerin, Castic Potash Flakes, Waste Sludge, Used Cooking Oil, Esterified Fatty Acid, Methanol, Citric Acid, Refined Rice Oil, Crude Sunflower Oil, Sodium Methoxide, RBD Palm Sterin, Job Work: semi-refining of glycerine for other manufacturers, and Fats.

As of July 31, 2024, the company had 30 permanent employees.

Rajputana Biodiesel Limited IPO Details:

🗓️Date: 26 November 2024 - 28 November 2024

🏷️Price Band: ₹123-130

📦Market Lot: 1000 Shares

💰Application Amount: ₹130,000/-

📏Size : ₹24.70 Cr

👦Retail Portion: 35%

Apex Ecotech Limited IPO

Apex Ecotech Limited provides comprehensive water and wastewater treatment, recycling, and reuse solutions for a variety of applications.

The company's services include setting up Raw Water Treatment Plants for industrial processes, Effluent & Sewage Treatment Plants to meet pollution norms, providing Sludge Dewatering Equipment, recycling of pre-treated wastewater through membrane systems (Ultrafiltration, Nanofiltration, Reverse Osmosis, Disc Type RO, etc.) and Thermal / Vapor Compression- based Evaporators & Crystallizers for Zero Liquid Discharge systems. In addition, the company also offers its customers after-sales support as well as operation and maintenance services.

Apex Ecotech's customers include Aditya Birla Group, Ashok Leyland, Apotex Research, Bharatiyam, Escorts Kubota, Haldiram, Hero Motocorp, Honda Cars, Honda Scooters & Motorcycle, HUL, Jubilant, Kohler, Lenskart, Mahindra & Mahindra, PepsiCo, Piramal Pharma, Reckitt Benckiser, Shimizu Corporation, SMCC, Takenaka and many more esteemed users.

Apex Ecotech Limited IPO Details:

🗓️Date: 27 November 2024 - 29 November 2024

🏷️Price Band: ₹71-73

📦Market Lot: 1600 Shares

💰Application Amount: ₹116,800/-

📏Size : ₹25.54 Cr

👦Retail Portion: 35%

Ganesh Infraworld Limited IPO

Ganesh Infraworld was incorporated in 2017 and provides construction and allied services for industrial construction projects, residential and commercial buildings, road construction, railroad infrastructure projects, power projects, and water supply projects in India.

It specializes in integrated engineering, procurement, and construction (EPC) services and offers its services across the entire construction value chain from planning, design, and construction including mechanical, electrical, civil, and industrial services to the supply of materials for execution of services.

Ganesh Infraworld has three business verticals, namely (i) civil and electrical infrastructure projects, (ii) road and rail infrastructure development projects, and (iii) water infrastructure development projects, as a single operating segment of engineering and construction.

The Company has also acted as a contractor to several small and medium-sized clients for various engineering and civil construction projects including Magnum Ventures Limited, Raikela Iron Ore Mines, JD Cables Private Limited, Celica Motocorp Private Limited, Jain International Power Limited and Nirmala Developers to name a few.

Ganesh Infraworld Limited IPO Details:

🗓️Date: 29 November 2024 - 3 December 2024

🏷️Price Band:₹78-83

📦Market Lot: 1600 Shares

💰Application Amount: ₹132,800/-

📏Size : ₹98.58 Cr

👦Retail Portion: 35%

Agarwal Toughened Glass India Limited IPO

Agarwal Toughened Glass India Limited was founded in 2009 and is a manufacturer of toughened glass, processing various types of glass.

Following the manufacturing of toughened glass, it produces various types of glasses including laminated, frosted, tinted, reflective, clear, and double-glazed toughened glass for use in shower doors, refrigerator trays, mobile screen protectors, bulletproof glass for diving masks, and a variety of plates and cookware. It is also used for architectural glass doors and tables. Tempered glass is also commonly used as partitions in residential and commercial buildings, hospitals, airports, shopping malls, stairwells, balustrades, and other architectural elements.

Agarwal Toughened Glass India Limited IPO Details:

🗓️Date: 28 November 2024 - 2 December 2024

🏷️Price Band: ₹105-108

📦Market Lot: 1200 Shares

💰Application Amount: ₹129,600/-

📏Size : ₹62.64 Cr

👦Retail Portion: 35%

Get live updates with IPO Ji

Stay ahead in November 2024 with the news of the latest IPO details, statuses, allotment results, and Market analysis. Each one represents unique investment opportunities - Don't let this chance go that presents you with very interesting growth stories in India itself!!
Let's make it our IPO season which works well for us towards growth, Good Investing!!