Swiggy to Ola Electric: Top 7 IPOs to watch out for in 2024

By Editorji News Desk
Published on | Dec 26, 2023

Likely IPOs in 2024

2023 saw a flurry of IPOs hitting Dalal Street with many seeing substantial listing gains. Primary market activity is all set to continue in 2024.

Swiggy

The food delivery startup is aiming for a 2024 listing, possibly in the first half of the year. It is expected to raise around $500 mn via IPO

FirstCry

IPO may open for subscription post-Lok Sabha election. The childcare online platform is also expected to raise around $500-$600 million.

Ola Electric

IPO may open in Jan or Feb. Ola electric filed its DRHP on Dec 22 and plans to raise about ₹7250 cr via the IPO. First pure-play EV maker to list

Oyo

IPO may open for subscription mid-2024; expected to raise around $400-600 million

Portea Medical

The healthcare startup received its IPO approval from SEBI in early 2023. The company plans to raise about ₹1000 crore through the issue.

PhonePe

IPO may open for subscription next year but the price band and other details are not determined yet.

Aakash

Crisis-hit ed-tech startup Byju's subsidiary Aakash Education may also see its IPO hitting D-street in 2024. Around $250 mn is expected to be raised

PharmEasy

The E-pharma startup may hit Dalal street in 2024. While the company could look at raising around $300 million via the IPO. No official comments yet.