Top 5 IPOs to Watch Out for in 2024

1.Swiggy:

Industry: Online food delivery

Expected Timeline: Q1 2024

Potential Valuation: Up to $8 billion

Key Points: Dominant player in Indian food delivery market, strong brand recognition, but concerns about profitability and competition.

 2.Ola Electric:

Industry: Electric vehicles

Expected Timeline: January-February 2024

Potential Valuation: $3-4 billion

Key Points: First mover in Indian EV market, aggressive expansion plans, but concerns about manufacturing capacity and competition.

 

 

3.FirstCry:

Industry: Online baby and childcare products

Expected Timeline: Post-Indian elections (likely Q2 2024)

Potential Valuation: $500-600 million

Key Points: Leading player in a growing market, loyal customer base, but risks of economic slowdown impacting the segment.

 

 

4.OYO Hotels & Homes:

Industry: Hospitality

Expected Timeline: Uncertain, but potentially late 2024

Potential Valuation: $1-2 billion

Key Points: Global network of hotels and vacation rentals, turnaround efforts underway, but concerns about debt levels and market recovery.

 

5.Paytm Payments Bank:

 

Industry: Digital payments

Expected Timeline: Uncertain, but potentially second half of 2024

Potential Valuation: $1-2 billion

Key Points: Large user base in India, expanding product offerings, but facing regulatory challenges and competition.

 

 

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