By Vivek Dubey
CNBC-TV18.com
Published Jan 05, 2024
Source: Media reports
Ola Electric, Ola’s EV arm, is set to be a highly anticipated IPO in 2024, targeting a fundraising range of $700 million to $800 million.
PhonePe, a digital payment leader, plans a 2024-2025 IPO, backed by a $200m Walmart investment and a $2bn fund raise.
Swiggy, a food delivery player, is set to debut on the public market in 2024, with a $10.7 billion valuation.
FirstCry, an omnichannel retailer, is poised to submit its draft IPO papers soon, aiming to raise $500-600 million.
Oyo Rooms’ IPO is delayed as it seeks public funding for debt repayment, halving its public listing size to $400-600 billion.
PharmEasy, a Tata-owned company, considers a public offering after a successful ₹3,950 crore rights issue and achieving EBITDA positivity in Q1FY24.
Aakash, a Byju’s subsidiary, is gearing up to launch its IPO by mid-2024, following a three-fold surge in revenue.
Awfis Space Solutions, a workspace solutions provider, has submitted preliminary documents to Sebi for an IPO.
PayU India, a Prosus subsidiary, prepares for a late 2024 IPO after generating $211 million in H1 revenue.
MobiKwik, a mobile wallet provider, works with DAM Capital Advisors and SBI Capital Markets for its IPO, aiming to raise approximately $84 million.
Dalal Street saw 57 IPOs in 2023, raising ₹49,437 crore, despite a slow start.
As per reports, the market is set to stay positive, with upcoming issuances totaling ₹28,440 crore.