Investors and financial fanatics are eagerly looking ahead to the approaching initial public offerings (IPOs) scheduled for the following month. These IPOs encompass a mix of agencies debuting on mainboards and small and medium-sized establishments (SMEs) taking the jump into the public marketplace.

Mainboard & SME IPOs to Open in February 2024

Mainboard IPOs:

  • BLS E-Services Limited IPO: A leading player in digital service providers, BLS E-Services is set to go public, offering investors an opportunity to be part of its growth journey. The IPO is expected to provide the company with the capital needed for expansion, research and development, and other strategic initiatives.

Open Date: January 30, 2024
Close Date: February 01, 2024
Issue Size: 310.91 Cr

  • Apeejay Surrendra Park Hotels Limited IPO: Apeejay Surrendra Park Hotels Limited (ASPHL) is the eighth biggest resort chain among resort chains with asset possession in India. Companies like TATA Taj and Lodhi Hotels are competitors of the company, and the company booked profit last quarter after booking losses in 2021 and 2022 FY.

Open Date: February 05, 2024
Close Date: February 07, 2024
Issue Size: 1050 Cr (approximate)

  • Rashi Peripherals Limited IPO: Rashi Peripherals Limited is a leading national distribution partner for global ICT brands in India. Tata Elxsi, Creative Technology, Lenovo, and Innovator Health are the well-known competitors of the company, and one important thing to note about the company is that it recorded less profit and revenue as compared to last FY.

Open Date: February 07, 2024
Close Date: February 09, 2024
Issue Size: 600 Cr (approximate)

  • R. K. Swamy Limited IPO:  R. K. Swamy Limited is the most important Indian majority-owned incorporated advertising and marketing offerings issuer in India. The company has no such big competition as it holds the majority of the industry and deals in various industries, and company profit is growing every FY.

Open Date: Yet to be announced
Close Date: Yet to be announced
Issue Size: 300 Cr (approximate)

SME IPOs:

  • Baweja Studios Limited IPO: Baweja Studios is known for its dynamic quality of filmmaking and unique storytelling practices. The Baweja Studios competitors are A.G. Universal Ltd., AA Plus Tradelink Ltd., and AAA Technologies Ltd. The company’s profit is not accurate, like Seesaw, but still, in September 2023, the company showed a profit of 435 crore.

Open Date: January 29, 2024
Close Date: February 01, 2024
Issue Size: 97.20Cr

  • Gabriel Pet Straps Limited IPO: GPSL is engaged in the manufacturing and selling of puppy straps below the logo name “Gabriel,” broadly used inside the packaging of heavy materials. The company’s competitors are Bajel Projects, Abesc, and many more. The company is showing decent revenue growth.

Open Date: January 31, 2024
Close Date: February 02, 2024
Issue Size: 8.06 cr

  • Italian Edibles Limited IPO: Italian Edibles Limited is engaged in the business of making confectionery products. This includes Rabdi (Meethai Sweet), Milk Paste, etc. The company’s competitors are Tata Consumer Products Ltd., Hatsun Agro Products Ltd., Bikaji Foods International Ltd., and Nestle India Ltd., and the company booked a profit of 209 crore in August, which is decreasing by 16%.

Open Date: February 2, 2024
Close Date: February 7, 2024
Issue Size: 26.66 cr

Stay Tuned for More Updates


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