Hello friends! I hope you're all doing well. The recent stellar listing of Bajaj Housing Finance has sparked significant interest in upcoming IPOs within the shareholder category. Many of you have been asking for a comprehensive list of these upcoming IPOs. In this article, we will explore what shareholder category IPOs are, their benefits, eligibility criteria, and the exciting upcoming options available.
What Are Shareholder Category IPOs?
When a company launches an IPO (Initial Public Offering), it often allocates a portion of shares specifically for existing shareholders of the parent company. This is known as the shareholder category, and it allows eligible investors to apply for shares with better chances of allotment.
Benefits of Applying in the Shareholder Category
- Increased Allotment Chances: As an existing shareholder, you can submit two applications: one under the retail category and another under the shareholder category, enhancing your chances of getting shares.
- Eligibility for Allotment: Being part of this category can significantly improve your likelihood of securing shares compared to applying as a retail investor alone.
How to Be Eligible for Shareholder Category IPOs
To qualify for the shareholder category, you must own shares in the parent company that is going public. Here's a simple breakdown of the eligibility criteria:
- Own a Share: You need to hold at least one share of the parent company.
- Listed Parent Company: The parent company must already be listed on the stock exchange.
- Recent IPOs: Some IPOs may not have a shareholder category, even if the parent company is listed. However, many do offer this option.
Upcoming Shareholder Category IPOs
Here’s a list of anticipated IPOs with shareholder categories that you should keep an eye on:
1. Ro-Mok
- Subsidiaries: Ro-Fink (Financial Sector), Atherstone.
- Eligibility: Hold at least one share of Ro-Mok.
2. HDFC Financial Services
- Parent Company: HDFC Fund.
- Potential Impact: Expected to make a significant market splash.
3. Central Mine Planning and Design
- Parent Company: Coal India.
- Opportunity: Good investment potential due to its established parent.
4. India First Life Insurance
- Parent Company: Bank of Baroda.
- Note: An established name with a solid reputation.
5. NTPG Green Energy
- Parent Company: NTPC.
- Status: DRHP filed, updates to follow.
6. Muthoot Finance
- Upcoming IPO: Bellstar Micro Finance.
- Potential: Ties to a well-known financial services brand.
7. SBI Mutual Fund
- Parent Company: State Bank of India.
- Highlight: India’s largest mutual fund company.
8. Kotak AMC
- Parent Company: Kotak Mahindra Bank.
- Market Expectation: Strong due to the bank's robust portfolio.
9. NHPC Renewables
- Parent Company: NHPC.
- Importance: Focus on renewable energy sources.
10. SJEVN Green Energy
- Parent Company: SJVN.
- Anticipation: Renewable energy investment potential.
How to Prepare for Upcoming IPOs
- Stay Updated: Follow updates on IPO filings and market news to identify which IPOs are launching.
- Open a Demat Account: If you or family members do not have a Demat account, consider opening one for free with platforms like AZL1. The link for registration is in the description below.
Conclusion
The upcoming shareholder category IPOs present a lucrative opportunity for investors looking to leverage their existing shares for potential gains. Remember to keep an eye on updates regarding these IPOs and stay connected for the latest information. If you have any questions or need assistance, feel free to ask!
Stay tuned for more insights, and don't rush into purchasing shares just yet. It’s essential to do thorough research before making any investment decisions.
