Upcoming IPO Next Week: 3 IPOs will open next week. These include IPOs of Hyundai Motor India Limited, Lakshya Powertech Limited, and Freshera Agro Exports Limited. Out of these, Hyundai's IPO will be on the mainboard, while the IPOs of Lakshya Powertech Limited and Freshera Agro Exports Limited will be in the SME category. Know the details of all these three IPOs ahead.

Check the details of all three IPOs

What is an IPO

Under the Initial Public Offering (IPO) process, private companies sell their shares to common investors to raise equity capital (money) from public investors. An IPO transforms a privately owned company into a public company. This process also provides an opportunity for smart investors to get good returns on their investments.

Know the process of IPO

• A company decides to launch an IPO and get listed on the stock exchanges
• They apply to market regulator SEBI to launch an IPO.
• After getting approval from SEBI, companies launch IPO. IPO has two parts
• In the first part, it sells shares to institutional investors (anchor investors, i.e., big companies, etc.)
• Then the IPO opens for the public, in which retail, HNI, etc. investors apply.
• After subscription, the company allots shares to the investors, and the company gets listed on a fixed date.