Introduction:
Investing in an Initial Public Offering (IPO) is a great way for investors to participate in the growth of a company and potentially earn significant returns. In India, the IPO market is booming, with a number of new and exciting companies going public in 2023. In this article, we will take a look at the upcoming IPO list in India for 2023.
1. Zomato
Zomato is an online food ordering and delivery platform that has become increasingly popular in India in recent years. The company has announced plans to go public in the first half of 2023, with an expected valuation of around $8 billion.
2. PolicyBazaar
PolicyBazaar is an online insurance aggregator that allows customers to compare and purchase various insurance products. The company is planning to go public in 2023, with an expected valuation of around $3.5 billion.
3. Grofers
Grofers is a popular online grocery delivery platform that has seen significant growth in recent years. The company is planning to go public in 2023, with an expected valuation of around $1 billion.
4. Paytm
Paytm is a leading digital payments and financial services company in India. The company has announced plans to go public in late 2023, with an expected valuation of around $30 billion.
5. Nykaa
Nykaa is a popular online beauty and cosmetics platform that has seen significant growth in recent years. The company is planning to go public in 2023, with an expected valuation of around $4 billion.
6. Delhivery
Delhivery is a logistics and supply chain company that provides e-commerce fulfillment services to various businesses. The company is planning to go public in 2023, with an expected valuation of around $5 billion.
7. Freshworks
Freshworks is a cloud-based customer engagement software company that provides various solutions to businesses. The company is planning to go public in 2023, with an expected valuation of around $10 billion.
Conclusion:
The IPO market in India is expected to continue to grow in 2023, with a number of new and exciting companies going public. Investors should carefully evaluate each IPO and consider their investment objectives before deciding to invest. With proper research and due diligence, investing in an IPO can be a great way to earn significant returns.
