Six firms from numerous sectors together with NTPC Inexperienced Vitality, Acme Photo voltaic, Mobikwik, Sagility India, Zinka Logistics, and Niva Bupa are gearing up for his or her respective preliminary public choices (IPOs) subsequent month, in response to a Mint report.
All the businesses have gotten clearance from the market regulator Securities and Alternate Board of India (Sebi), with NTPC Inexperienced alone nonetheless ready for ultimate commentary
All the businesses have gotten clearance from the market regulator Securities and Alternate Board of India (Sebi), with NTPC Inexperienced alone nonetheless ready for ultimate commentary, the report learn.
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What are the main points of the six firms whose IPOs scheduled to return subsequent month?NTPC Inexperienced Vitality
NTPC Inexperienced Vitality Ltd is at present India’s largest public sector renewable power firm with a 14,696 MW portfolio and one other 10,975 MW capability in improvement throughout photo voltaic and wind power initiatives.
Acme Photo voltaic Holdings
Acme Photo voltaic Holdings Ltd is one other renewable power producer focusing solely on solar energy initiatives. It manages its personal engineering, procurement, and building (EPC) in addition to operations and upkeep (O&M) capabilities, whereas producing income by promoting electrical energy to state and central entities.
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Niva Bupa Well being Insurance coverage
Niva Bupa Well being Insurance coverage Firm Ltd is a well being insurer with a 16.24% share within the standalone medical health insurance (SAHI) market and a Gross Direct Premium of ₹5,499 crore within the monetary yr 2023-24.
It focuses so much on end-to-end digital companies from onboarding to claims and can turn out to be the second SAHI agency in India to file for an IPO after Star Well being.
One Mobikwik Techniques
One Mobikwik Techniques Ltd is a cost platform based by Bipin Preet Singh and Upasana Taku, offering companies like Kwik QR, EDC Machines, and Service provider Money Advance.
Zaakpay, its subsidiary has a B2B cost gateway service for e-commerce companies, with RBI’s approval for its Fee Aggregator (PA) license.
Sagility India
Sagility India Ltd, established in 2021 in Bengaluru, supplies companies like claims administration, scientific companies, and income cycle administration for healthcare suppliers.
Zinka Logistics
Zinka Logistics by its BlackBuck app affords truck operators with instruments for cost administration, telematics, and automobile financing companies. It has facilitated 4,035 loans value ₹196.79 crore by March 2024.
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