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IPO Investment for NRIs in India

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What is an Initial public offering (IPO) ?

An initial public offering (IPO) refers to the process of offering shares of a private corporation to the public in a new stock issuance. An IPO allows a company to raise capital from public investors. During the IPO trading, a fraction of shares are reserved for different type of investors including individual investors, Qualified Institutional Buyers and High Net worth Individuals. The IPO is either a Fixed Price Issue or Book Built Issue. NRIs can invest in IPO through NRE/NRO NON PINS Account. IPO applications are disabled for NRIs in USA and Canada.

IPO-for-NRIs

Upcoming / Recent IPO

Snapdeal Ltd
  • Founded in 2007, the business started as a coupon booklet business, which was transformed into an online deals platform in 2010 and an online eCommerce marketplace in 2012 (Source: Company DRHP)
  • Snapdeal’s value proposition meets the distinct buying needs of ‘Bharat’ shoppers. (Source: Company DRHP)
  • As per the DRHP, the issue consists of Fresh Issue of upto Rs. 1250 crores and an OFS of upto 30.76 million equity shares
Fabindia Ltd
  • A consumer lifestyle platform with an established legacy focused on authentic, sustainable and Indian traditional lifestyle products (Source: Company DRHP)
  • he business model is focused on sustainability by design
  • As per the DRHP, the issue consists of Fresh Issue of upto Rs. 500 crores and an OFS of upto 25 million equity shares
boAt IPO
  • A digital-first consumer products company and one of the largest Indian digital-first brands in terms of revenue from operations for the financial year 2021 (Source: Company DRHP, RedSeer Report)
  • Have an attractive offering of wide-ranging, high-quality and aspirational lifestyle-focused consumer products at accessible price points, under multiple brands
  • As per the DRHP, the issue size is expected to be upto Rs. 2000 crores
OYO IPO
  • The company is a leading, new-age technology platform empowering the large yet highly fragmented global hospitality ecosystem, according to RedSeer (Source: Company DRHP)
  • As at March 31, 2021, the company had 157,344 storefronts across more than 35 countries listed on their platform (Source: Company DRHP)
  • As per the DRHP, the issue size is expected to be upto Rs. 8430 crores
Hero Fincorp Ltd
  • A scaled NBFC offering a diversified suite of financial products such as retail, MSME and CIF loans
  • Operates under the recognised and long-standing “Hero” brand
  • As per the DRHP, the offer consists of fresh issue of up to 2,100 Cr and offer for sale of up to 1,568 Cr
JSW Cement IPO
  • The fastest growing cement manufacturing company in India
  • JSW Cement is a part of the JSW Group, a multinational conglomerate
  • As per the DRHP, the offer consists of fresh issue of 2000 Cr. and Offer for sale aggregating up to 2000 Cr
National Securities Depository Ltd.

NSDL was established in 1996 to eliminate the risks of dealing with physical share certificates. It was India’s first electronic depository, making it easier and safer to hold and transfer shares.

Urban Company Ltd
Seshaasai Technologies Ltd
Jain Resource Recycling Ltd
Tata Capital Ltd
Wework India Management Ltd
LG Electronics India Ltd
Orkla India Ltd
Studds Accessories Ltd
Lenskart Solutions Ltd
Billionbrains Garage Ventures Ltd
Pine Labs Ltd
Emmvee Photovoltaic Power Ltd
Physicswallah Ltd
Tenneco Clean Air India Ltd
Sudeep Pharma Ltd
Meesho Ltd
ICICI Prudential Asset Management Co Ltd
Nephrocare Health Services Ltd
KSH International Ltd
Bharat Coking Coal Ltd
Amagi Media Labs Ltd
Shadowfax Technologies Ltd
PhonePe Ltd
Milky Mist Ltd
Fractal Analytics Ltd
Clean Max Enviro Energy Solutions Ltd
Indo-MIM Ltd
Gaudium IVF and Women Health Ltd
PNGS Reva Diamond Jewellery Limited
Shree Ram Twistex Ltd
Bajaj Energy Ltd
Hero Motors Limited
Shiprocket Ltd
Greaves Electric Mobility Ltd
NSE IPO
Omnitech Engineering Ltd
Rayzon Solar Ltd
Karamtara Engineering Ltd
Sterlite Electric Ltd
SK Finance Ltd
Flipkart IPO
SBI Mutual Fund IPO
Indira IVF Ltd
Zepto IPO
Reliance Jio Ltd
Cult Fit Ltd
InCred Holdings Ltd
Bharat FIH Ltd
Wagons Learning Ltd
SEDEMAC Mechatronics Ltd

Current IPOs For NRI

Company Name Open Date Close Date Price
Band (₹)
Issue
Price (₹)
Action

LIST OF UPCOMING IPOs For NRIs

IPO Name Issue size
(in cr.)
Price
Band (₹)
Open Date Close Date
Sedemac Mechatronics Ltd 1087.45 1287-1352 Mar 04, 2026 Mar 06, 2026

TOP PERFORMING IPOS for NRIs

Company Name Issue Price (₹) List Date LTP (₹) CHG (%)

LIST OF CLOSED IPOS For NRIs

IPO Name Close Date Issue
Price (₹)
Issue size
(in cr.)
Lot size

DELISTED

Name From Date

BUYBACKS

Name Start Date End Date MaxBuyback Price

RIGHTS

Name From Date Premium

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Disclaimer

ICICI Securities Limited- AMFI registered Mutual Fund Distributor. Registered office of I-Sec is at ICICI Securities Ltd. (I-Sec) - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel: (91 22) 6807 7100, Fax: (91 22) 6807 7803. I-Sec is also a SEBI registered with SEBI as a Research Analyst vide registration no. INH000000990. AMFI Registration No.: ARN-0845. Mutual Fund Investments are subject to market risks, read all scheme related documents carefully. Please note, Mutual Fund related services are not Exchange traded products and I-Sec is just acting as distributor to solicit these products. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon.