5 Upcoming IPOs to hit the streets soon - Indian IPO Blog

Saturday, February 25, 2017

5 Upcoming IPOs to hit the streets soon

5 large IPO’s in pipeline in Upcoming Month

1) D-Mart / Avenue Supermart Ltd IPO
Dmart / Avenue supermart Ltd is Mumbai based retail chain / supermarket chain.
This is one of the largest and profitability FMCG companies in India. It would be astonishing size of Rs 18,000 Crores.The issue price is expected to be in between Rs.290 to Rs.299 per share.

Expected date of the issue is 8-Mar-17 and closure date is 10-Mar-17.Dmart IPO would get listed on BSE/NSE.Grey market price is between Rs 175 to Rs 178. Means people are betting such high number over and above the issue price.Its revenue is increased from Rs 6,457 Crores for FY15 to Rs  8,606 Crores for FY16.Its profits are increased from Rs 211 Crores for FY15 to Rs 321 Crores for FY16.


2) CDSL Limited IPO
CDSL Ltd is the subsidiary of BSE Ltd which provides security depository services in India. Its services includes such as account opening, dematerialization, processing delivery and receipt instructions, account statement, re-materialization, pledging, nomination, transmission of securities, change in address, bank account details and SMS services for depository participants.

The issue size is Rs 400 Crores.The issue price band is expected to be in between Rs.115 and Rs.135.

Expected date of the issue is 15-Mar-17 and closure date is 17-Mar-17.CDSL IPO would get listed on BSE/NSE.Grey market price is between Rs 20 to Rs 35. Means people are betting such number over and above the issue price.Its revenue is increased from Rs 105 Crores for FY15 to Rs  116 Crores for FY16.Its profits are increased from Rs 34.7 Crores for FY15 to Rs 63.3 Crores for FY16.


3) Continental Warehousing Corporation Limited IPO
It is a multi-model logistics company in India owning and operating cargo handling and storage facilities and providing express logistics and third-party logistics services.
The issue size is over Rs 418 Crores.Issue prices is yet to be known.Expected date of the issue is Rs 22-Mar-2017 and closure date is 24-Mar-217.It would get listed on BSE/NSE.Its revenue is decreased from Rs 737 Crores for FY15 to Rs 709 Crores for FY16.Its profits are decreased from Rs 54 Crores for FY15 to Rs 51 Crores for FY16.


4) NSE Limited IPO
The National Stock Exchange of India Limited (NSE) is the leading stock exchange of India, located in Mumbai. NSE was established in 1992 as the first demutualized electronic exchange in the country. NSE was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system which offered easy trading facility to the investors spread across the length and breadth of the country.

The issue size is Rs 10,000 Crores.The issue price is yet to be known as it is in the process of getting final clearances from SEBI.Expected date of the issue is in Mar-2017 / Apr-2017.
NSE IPO would get listed on BSE as it cannot get listed on its own exchange.Its revenue is increased from Rs 1,066 Crores for 9 months ended Dec-2015 to Rs 1,236 Crores for 9 months ended Dec-2016.Its standlone profits increased from Rs 694 Crores for 9 months ended Dec-2015 to Rs 771 Crores for 9 months ended Dec-2016.


5) Music Broadcast Limited IPO
FM Radio City parent Music Broad Cast has got SEBI approval recently for its IPO.
The issue size is Rs 540 Crores. Expected date of the issue is 6th -8th March. Music Broadcast IPO would get listed on BSE/NSE.Its revenue is increased from Rs 207 Crores for FY15 to Rs 245 Crores for FY16.Its profits are decreased from Rs 47 Crores for FY15 to Rs 42 Crores for FY16.


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