Sat Sep 21 15:19:22 UTC 2024: ## IPO Frenzy Continues: Retail Investors Flock to ‘Shareholder’ Category

**Mumbai, India -** The Indian IPO market continues to be red hot, with a flurry of upcoming listings expected to fuel the ongoing frenzy. Retail investors, eager to secure allocations, are increasingly targeting IPOs offering a ‘shareholder’ category.

This special category allows shareholders of a parent company to apply for shares in the subsidiary’s IPO, often boosting their chances of allotment. The recent IPO of Bajaj Housing Finance saw the shareholder category significantly oversubscribed, highlighting the strategy’s attractiveness.

Several high-profile IPOs featuring this ‘shareholder’ category are expected to hit the market soon. These include:

* **NTPC Green Energy:** NTPC’s renewable energy arm plans to raise Rs 10,000 crore, with 10% reserved for existing NTPC shareholders.
* **HDB Financial Services:** The non-banking subsidiary of HDFC Bank is aiming to raise Rs 2,500 crore through a fresh issue and offer for sale.
* **HDFC Credila Financial Services:** The leading education loan financier is gearing up for a mega Rs 5,000 crore+ IPO in 2025.
* **Ather Energy:** The electric two-wheeler maker backed by Hero MotoCorp is planning to raise Rs 3,100 crore through a fresh issue.
* **Hero Fincorp:** The financial services arm of Hero MotoCorp is aiming for a Rs 3,688 crore IPO, including a fresh issue and offer for sale.

Additionally, several other subsidiaries of major companies, including Coal India, Manappuram Finance, Canara Bank, and Muthoot Finance, are expected to launch IPOs in the coming months.

Experts suggest that the ‘shareholder’ category is likely to remain popular among retail investors as it provides them with an edge in a highly competitive IPO landscape. However, investors are advised to consult with financial advisors before making any investment decisions.

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