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Retail investors eye shareholder category for better IPO allotment; upcoming issues to watch

Money ControlMoney Control · 2m
Retail investors eye shareholder category for better IPO allotment; upcoming issues to watch

The IPO market in India is booming, with numerous companies going public. Retail investors are particularly interested in IPOs that offer a 'shareholder' category, as this increases their chances of getting allotted shares. Some upcoming IPOs that may have a shareholder category include NTPC Green Energy, HDFC Bank's subsidiaries HDB Financial Services and HDFC Credila, Ather Energy, Hero MotoCorp's subsidiaries Ather Energy and Hero Fincorp, SJVN Green Energy, Coal India's subsidiaries Bharat Coking Coal and Central Mine Planning and Design Institute, Asirvad Micro Finance (a subsidiary of Manappuram Finance), Canara Robeco AMC (a subsidiary of Canara Bank), and Belstar Microfinance (a subsidiary of Muthoot Finance).

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