Diwali 2023: IPOs Expected This Year Post Festive Season

On Diwali 2023, Seven mainboard IPOs are expected this year post-festive season. It has been claimed that after Diwali 2023, the Seven mainboard IPOs are expected which include Oil Refinery, Fedbank Financial Services, Tata Technologies, Flair Writing Industries, IREDA IPO, Mukka Proteins, and Allied Blenders & Distillers. IPO frenzy is going to continue with around seven IPOs anticipated before the year ends. In this article, we are mainly going to focus on the upcoming IPOs in 2023. So read this article till the end and do not miss any single line of this article if you want to learn about the complete details.

IPO

A lot of mainboard initial public offerings are opening for the subscriptions back to back and another listing which investors have witnessed in this ongoing week. This is the week of Diwali 2023. So this week is about seven, mainboard IPOs which are anticipated before the year ends. This time the IPOs are going to hit the primary market after the Diwali weekends so then it includes Gandhar Oil Refinery India Limited, Tata Technologies, Indian Renewable Energy Development Agency Limited (IREDA IPO), Allirf Blenders & Distillers Limited, Mukka Proteins Limited, and Flair Writing Industries Limited. Scroll down to the next paragraph.

The founder of Kejriwal Research and Investment Services and advisory firm, Kris Arun Kejriwal has said that Diwali started with a boom and it had an IPO which is more than the last three days. It is expected that after Diwali they are going to be back to square one with the number of issues which is tapping the entire market. At this time the biggest Tata Technologies IPO is officially scheduled to come soon, it is officially from the defense sector. Some various companies in the banking sector include Fedfina which is a Non-Banking Financial Corporation (NBFC) that specializes in financial houses and gold loans. Continue reading.

Some companies like Gandhar Oil Refinery India, which is a well-known chemical industry, a consumer from the plastics segments, and Flair, which specializes in writing instruments. According to the experts, there is a big chance that Allied Blenders & Distillers that they are going to come up with its IPO which is a company in the liquor business, it is that manufactures and markets its alcohol. Some other smaller IPOs from Rs. 200 to Rs. 250 crores have a great chance to hit the primary market and Mukka Protiens is one of them.