Upcoming IPO: After the huge success of five IPOs, now Ola, Oyo, Swiggy are gearing up

Upcoming IPO: 5 The success of recent IPOs has added to the excitement in the market. Many companies are considering this as a good time to launch an IPO. There will be many IPOs in the near future, which will provide huge earning opportunities to the investors in the market. Big companies like Ola, Oyo, Swiggy, Mobikwik may announce about IPO soon. Investors can spend a lot of money on these well-known companies.

The IPOs of Tata Technologies, Gandhar Oil Refinery and IREDA created a stir.

The IPOs of Tata Technologies, Gandhar Oil Refinery and IREDA gave huge returns to investors on the Bombay Stock Exchange and the National Stock Exchange last week. Shares of Tata Technologies gave a return of 180 percent and IREDA gave a return of 115 percent. Nifty and Sensex also hit all-time highs. These IPOs have created a stir in the Sensex and Nifty, which had been silent for two years. Let’s take a look at these upcoming IPOs.

Ola Electric is undergoing corporate restructuring.

According to a recently released report, Ola Electric owner Bhavesh Agarwal is undergoing corporate restructuring. He is going to convert the company from a private limited to a public company. The first step for this will be the IPO. The IPO will range from $800 to $1 billion.

Oyo’s IPO will be valued at $600 crore.

These days Oyo owner Ritesh Agarwal is busy raising around $500 crore through a private funding round. For this he has contacted many companies. The company is about to launch its IPO. It is awaiting regulatory approval for the same. The company will raise around $600 crore through this IPO.

Swiggy has finalized seven investment banks.

Food delivery company Swiggy is all set to launch its IPO in 2024. Seven investment banks have been selected for this IPO. These include Kotak Mahindra Bank, Citi, JP Morgan, BofA Securities, Jefferies, ICICI Securities and Advance Capital.

Mobikwik’s IPO is ready.

Fintech company Mobikwik is also set to launch an IPO. 84 million dollars will be collected through this. According to the report, DAM Capital Advisors Limited and SBI Capital Markets Limited have been selected. All formalities will be completed by the end of December and the IPO will hit the market early next year.

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