Upcoming IPO In Festive Season: Many IPOs can come into the stock market during the festive season. Recently, big companies like Vishal Mega Mart, Hyundai Motor India Limited, and Swiggy have got the approval of market regulator SEBI to bring IPO. Apart from these, renewable energy firm ACME Solar Holdings and packaging equipment manufacturer Mamta Machinery have also been approved by SEBI to bring IPO.

India's biggest PO

Hyundai Motor India Ltd, the Indian unit of South Korean automaker Hyundai, has received SEBI approval to launch an IPO on September 24, 2024. It is planning to raise Rs 25,000 crore through the IPO, which will be the largest IPO in the history of India.

Swiggy's IPO

The IPO size of food and grocery delivery company Swiggy can be more than Rs 10,000 crore. It also got SEBI's approval on 24 September. According to SEBI's update on Monday, Swiggy had applied for IPO in July.

ACME Solar Holdings IPO

According to the Draft Red Herring Prospectus (DRHP) filed with SEBI, the IPO of Gurugram-based ACME Solar Holdings will be worth Rs 3,000 crore. This will include new equity shares worth Rs 2,000 crore and shares worth Rs 1,000 crore will be sold through an offer for sale.

IPO of Mamta Machinery

Gujarat-based Mamta Machinery will also bring an IPO. It has also received approval from SEBI. In its IPO, the promoters will sell 73.82 lakh equity shares.