Upcoming IPO 2023: In the year 2022, many big companies opened their IPO. Some gave investors an opportunity to earn huge amount while some got disappointed. The new year is going to start in a few days. Along with this, many companies in the stock market are also preparing to bring their IPO. If you are also looking for such initial public offering, then the year 2023 can be a golden opportunity for you. Many companies including Oyo, Swiggy are busy preparing for this.
Swiggy, a company that has made its mark in food delivery service, can also bring its IPO next year. At present, it is engaged in its preparation. Let us tell you that the partnership of the company is with more than 50 lakh restaurants and hotels. Its revenue has grown at a CAGR of 25.4% in the last 3 years. The company started its business in the year 2014 and has spread across 500 cities till now. There is no information related to the price band and size.
Oyo is also one of the well-known companies in the country. The company has the largest footprint of over 1.5 lakh hotel storefronts in India and abroad alone. In the year 2023, its IPO can also knock in the stock market. Although the IPO was about to come last year itself, for which a draft red herring prospectus was also filed in 2021. But due to some reasons it had to be postponed.
Byju’s is also one of the biggest companies in the country. It provides education service in both online and offline mode. According to the report, the company is preparing to bring its IPO this year, for which preparations have already started. Its compound annual growth rate in the last 3 years has been 21.2 percent. However, till now no information related to its price band, size and date has been revealed.
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