Upcoming IPOs: NTPC Green Energy to Acme Solar Holdings — 6 issues that may go public in next one month

Sun Oct 27 03:10:00 UTC 2024: ## Indian Primary Market Heats Up with Six Upcoming IPOs

The Indian primary market is set to witness a surge in activity with six companies from diverse sectors planning to launch their initial public offerings (IPOs) in the coming weeks. These IPOs have all received final clearance from the Securities and Exchange Board of India (SEBI), with NTPC Green Energy still awaiting final observation.

**Here are the six companies set to go public:**

* **NTPC Green Energy:** India’s largest renewable public-sector company (excluding hydro), boasting 14,696 MW of projects, including 2,925 MW operational and 11,771 MW contracted. Another 10,975 MW is under development, bringing the total to 25,671 MW.
* **Acme Solar Holdings:** One of India’s leading independent renewable power producers, expanding its focus from solar to integrated renewable energy solutions.
* **One Mobikwik Systems:** A prominent payment platform in India connecting consumers and merchants, providing financial inclusion solutions like Kwik QR, EDC Machines, and Merchant Cash Advance.
* **Sagility India:** A leading healthcare technology service provider offering solutions for healthcare payers and providers, specializing in claims management, clinical services, and revenue cycle management.
* **Zinka Logistics:** Aiming to modernize the Indian trucking industry with its BlackBuck app, offering tools for payment management, telematics, and vehicle financing.
* **Niva Bupa Health Insurance Company:** One of India’s largest standalone health insurers with a digital-first approach, offering end-to-end digital solutions for health insurance.

These IPOs are expected to bring significant capital into the Indian market, highlighting the growth potential in various sectors. Investors will be closely watching these offerings as they provide opportunities to participate in the growth trajectory of these companies.