LATEST IPO

An IPO is an initial public offering. In an IPO, a privately owned company lists its shares on a stock exchange, making them available for purchase by the general public.

There are other reasons for a company to pursue an IPO, such as raising capital or boosting a company’s public profile:

• Companies can raise additional capital by selling shares to the public. The proceeds may be used to expand the business, fund research and development or pay off debt.
• Other avenues for raising capital, via venture capitalists, private investors or bank loans, may be too expensive.
• Going public in an IPO can provide companies with a huge amount of publicity.
• Companies may want the standing and gravitas that often come with being a public company, which may also help them secure better terms from lenders.

November 2021 started with a bang and is likely to be a busy month for IPOs. While actual IPO announcements will be coming, early indications from investment bankers, indicate the following IPOs hit the market in November 2021 or likely to hit. The IPO list is sector-wise.

Upcoming IPO in November 2021