The Indian stock market is buzzing with excitement as several Initial Public Offerings (IPOs) are set to hit the market after September 25, 2024. These IPOs span across industries such as hospitality, electronics, and recycling, offering investors an opportunity to diversify their portfolios. If you’re looking for the next big investment, here are some key IPOs to keep on your radar:
1. Saj Hotels Limited: Riding the Wave of Hospitality Growth
Saj Hotels Limited is opening its IPO on September 27, 2024, aiming to raise ₹27.63 crore. Priced at ₹65 per share, the company is banking on the post-pandemic recovery of the hospitality industry. Domestic tourism and business travel have surged, creating a renewed demand for high-quality hotel services. Investors interested in the hospitality sector’s rebound may find this IPO to be an appealing option for long-term growth.
2. Divyadhan Recycling Industries: Green Investment Opportunity
Set to launch on September 26, 2024, Divyadhan Recycling Industries is tapping into the growing need for sustainable and environmentally friendly solutions. With a price range between ₹60 and ₹64 per share, the company seeks to raise ₹24.17 crore to expand its recycling operations. As climate change concerns heighten, businesses focusing on green technologies are becoming increasingly attractive. This IPO presents an opportunity for investors looking to support sustainability while potentially earning good returns.
3. Sahasra Electronics Solutions: Tapping Into the Electronics Boom
Sahasra Electronics Solutions is scheduled to open its IPO on September 26, 2024. Priced between ₹269 and ₹283 per share, the company aims to raise ₹186.16 crore. As India emerges as a hub for electronics manufacturing, driven by government policies such as “Make in India,” Sahasra is positioned to benefit from the sector’s growth. Investors interested in technology and electronics will want to keep an eye on this offering, which targets an industry with significant growth potential.
4. Forge Auto International: Revving Up the Automotive Industry
With its IPO opening on September 26, 2024, Forge Auto International is a player in the automotive engineering sector. The company is looking to raise ₹31.10 crore, with shares priced between ₹102 and ₹108. The automotive components industry is expected to see substantial growth, particularly with the rise of electric vehicles (EVs). Forge Auto is well-positioned to capitalize on this trend, making it a potentially lucrative investment for those looking to ride the EV wave.
5. Diffusion Engineers: Powering Industrial Growth
Opening on September 26, 2024, Diffusion Engineers focuses on providing welding and engineering solutions for various industries. With a price band between ₹159 and ₹168, and an IPO size of ₹158 crore, the company is well-established in the industrial sector. Investors who are bullish on the infrastructure and engineering industries may find this IPO an attractive option.
Final Thoughts
The upcoming IPOs after September 25, 2024, offer a wide range of investment opportunities across diverse industries. Whether you’re looking to invest in sustainable recycling solutions, electronics manufacturing, or the growing automotive sector, these IPOs cater to various investor preferences. Always remember to conduct thorough research and align your investment choices with your risk tolerance and long-term financial goals.