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:
![Top 5 IPOs to Watch Out for in 2024](https://entrackr.com/storage/2022/04/Ola-electric-image-copy-800x400.jpg)
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:
![Top 5 IPOs to Watch Out for in 2024](https://startuptrak.com/wp-content/uploads/2021/02/firstcry-logo-png-5.png)
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:
![Top 5 IPOs to Watch Out for in 2024](https://mma.prnewswire.com/media/997097/OYO_Hotels_and_Homes_Logo.jpg?p=facebook)
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:
![Top 5 IPOs to Watch Out for in 2024](https://paytmblogcdn.paytm.com/wp-content/uploads/2023/01/image1.png)
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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