{"id":27930,"date":"2023-11-01T11:02:02","date_gmt":"2023-11-01T05:32:02","guid":{"rendered":"https:\/\/blog.researchandranking.com\/?p=27930"},"modified":"2025-11-10T13:31:46","modified_gmt":"2025-11-10T08:01:46","slug":"upcoming-ipos-in-november-2023","status":"publish","type":"post","link":"https:\/\/www.equentis.com\/blog\/upcoming-ipos-in-november-2023\/","title":{"rendered":"Upcoming IPOs in November 2023"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\n<h2 class=\"wp-block-heading\"><strong>Introduction<\/strong><\/h2>\n\n\n\n<p>It&#8217;s November, which is time for <a href=\"https:\/\/www.equentis.com\/blog\/upcoming-ipos-to-watch-out-for-in-january-2025\/\">Upcoming IPOs<\/a> in November 2023. In the financial world, Initial Public Offerings (IPOs) are like grand openings for companies, inviting the public to invest in their future. It&#8217;s when a private company takes its first steps into the public market by offering shares to the general populace. But what&#8217;s the nitty-gritty of this process? Let&#8217;s break it down.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>What&#8217;s an IPO?<\/strong><\/h3>\n\n\n\n<p>An <a class=\"wpil_keyword_link\" href=\"https:\/\/www.equentis.com\/ipos\" title=\"IPO\" link=\"linked\" id=\"258\">IPO<\/a> essentially marks the transition of a private company into a publicly traded entity. This means that the company&#8217;s ownership shifts from a select group of private investors to the wider public. It&#8217;s a significant financial event for both the company and potential investors.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Fresh Capital or Existing Shares?<\/strong><\/h3>\n\n\n\n<p>When a company goes public, it can either issue new shares to raise capital or let existing shareholders sell their shares, a process known as an Offer for Sale (OFS), without generating fresh capital. <\/p>\n\n\n\n<p>We have three <a class=\"wpil_keyword_link\" href=\"https:\/\/www.equentis.com\/researchandranking\/ipos\/upcoming-ipos\"   title=\"Upcoming IPOs\" data-wpil-keyword-link=\"linked\"  data-wpil-monitor-id=\"992\">Upcoming IPOs<\/a> in November 2023. Let&#8217;s sneak peek into the IPOs set to make waves in November 2023.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Upcoming IPOs in November 2023<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-table is-style-regular\"><table><tbody><tr><td><strong>Company Name<\/strong><\/td><td><strong>Issue Size (in \u20b9 Cr)<\/strong><\/td><td><strong><a class=\"wpil_keyword_link\" href=\"https:\/\/www.equentis.com\/ipos\" title=\"IPO\" link=\"linked\" id=\"326\">IPO<\/a> Date<\/strong><\/td><\/tr><tr><td>Cello World Limited <a class=\"wpil_keyword_link\" href=\"https:\/\/www.equentis.com\/ipos\" title=\"IPO\" link=\"linked\" id=\"602\">IPO<\/a><\/td><td>1,900.00<\/td><td>October 30 to November 1, 2023<\/td><\/tr><tr><td>Honasa Consumer Limited<\/td><td>1,701.00<\/td><td>October 31 to November 2, 2023<\/td><\/tr><tr><td>ESAF Small Finance Bank<\/td><td>463<\/td><td>November 3 to November 7, 2023<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">1<strong>. Cello World Limited<\/strong><\/h3>\n\n\n\n<p>Another upcoming <a class=\"wpil_keyword_link\" href=\"https:\/\/www.equentis.com\/researchandranking\/ipos\"   title=\"IPO\" data-wpil-keyword-link=\"linked\"  data-wpil-monitor-id=\"976\">IPO<\/a> in November 2023 is Cello World. Cello World Limited is a prominent name in India&#8217;s consumer ware industry, with a footprint extending to consumer houseware, writing instruments, stationery, moulded furniture, and related products. <\/p>\n\n\n\n<p>As of March 31, 2023, it operates 13 manufacturing facilities across 5 locations in India. The company is even in the process of setting up a glassware manufacturing facility in Rajasthan. To learn more, check the <a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/aug-2023\/cello-world-limited-drhp_75512.html\" data-type=\"link\" data-id=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/aug-2023\/cello-world-limited-drhp_75512.html\" target=\"_blank\" rel=\"noopener\">DRHP<\/a>. <\/p>\n\n\n\n<p><strong>Details of Cello World Limited&#8217;s IPO:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Type: 100% Offer for Sale (OFS)<\/li>\n\n\n\n<li>Number of Shares: 2,93,20,987<\/li>\n\n\n\n<li>Share Price Range: \u20b9617 to \u20b9648<\/li>\n\n\n\n<li>Aggregated Amount: \u20b91,900.00 Cr<\/li>\n\n\n\n<li>Minimum Investment (Retail): \u20b914,904<\/li>\n\n\n\n<li>Listing Date: November 09, 2023<\/li>\n\n\n\n<li>Exchanges: <a href=\"https:\/\/www.equentis.com\/blog\/explore-bombay-stock-exchange-what-is-bse-advantages-of-listing-and-investment-methods\/\">BSE<\/a> and <a href=\"https:\/\/www.equentis.com\/blog\/national-stock-exchange-of-india-functions-features-and-top-companies\/\">NSE<\/a><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>2. Honasa Consumer Limited<\/strong>(Mamaearth)<\/h3>\n\n\n\n<p>Honasa Consumer Limited wears the crown as India&#8217;s largest digital-first Beauty and Personal Care (BPC) company by revenue for FY 2023. What sets it apart is its unwavering commitment to providing toxin-free beauty products, all crafted from natural ingredients. Its marquee brand, Mamaearth, has become synonymous with natural, safe-to-use products. To get a better idea, check the <a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/dec-2022\/honasa-consumer-limited-drhp_66770.html\" data-type=\"link\" data-id=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/dec-2022\/honasa-consumer-limited-drhp_66770.html\" target=\"_blank\" rel=\"noopener\">DRHP<\/a> and read our in-depth article on <a href=\"https:\/\/www.equentis.com\/blog\/mamaearth-ipo\/\" data-type=\"link\" data-id=\"https:\/\/www.equentis.com\/blog\/mamaearth-ipo\/\">Mamaearth IPO<\/a>.<\/p>\n\n\n\n<p><strong>Details of Honasa Consumer Limited&#8217;s IPO:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Type: Fresh Issue and Offer for Sale (OFS)<\/li>\n\n\n\n<li>Fresh Capital Raised: \u20b9365.00 Cr<\/li>\n\n\n\n<li>OFS Shares: 4,12,48,162<\/li>\n\n\n\n<li>Share Price Range: \u20b9308 to \u20b9324<\/li>\n\n\n\n<li>Aggregated Amount: \u20b91,701.00 Cr<\/li>\n\n\n\n<li>Minimum Investment (Retail): \u20b914,904<\/li>\n\n\n\n<li>Listing Date: November 10, 2023<\/li>\n\n\n\n<li>Exchanges: BSE and NSE<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">3. ESAF Small Finance Bank<\/h3>\n\n\n\n<p>ESAF Small Finance Bank Limited is all set to launch its <a class=\"wpil_keyword_link\" href=\"https:\/\/www.equentis.com\/ipos\" title=\"Initial Public Offering\" link=\"linked\" id=\"844\">Initial Public Offering<\/a> (IPO) with utmost confidence. Founded in 1992, ESAF is a renowned Small Finance Bank that primarily focuses on providing loans to customers residing in rural and semi-urban areas. <\/p>\n\n\n\n<p>The Bank offers a wide range of products such as Micro Loans, Retail Loans, MSME Loans, Loans to Financial Institutions, and Agricultural Loans. As of March 2023, the Bank has a widespread network of 700 outlets, 743 customer service centers, 20 business correspondents, and 481 business facilitators. The Bank also has 581 ATMs located across 21 states in India. Read the <a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/jul-2023\/esaf-small-finance-bank-limited-drhp_73679.html\" data-type=\"link\" data-id=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/jul-2023\/esaf-small-finance-bank-limited-drhp_73679.html\" target=\"_blank\" rel=\"noopener\">DRHP <\/a>to learn more. <\/p>\n\n\n\n<p><strong>Details of ESAF Small Finance Bank<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Issue Size: Rs 463.00 crores <\/li>\n\n\n\n<li>Issue: Fresh Issue: Rs 390.70 crores and Offer for Sale: Rs 72.30 crores, <\/li>\n\n\n\n<li>Subscription Period: November 3 to November 7, 2023<\/li>\n\n\n\n<li>Allotment Date: Friday, November 10, 2023<\/li>\n\n\n\n<li>Listing Date: Thursday, November 16, 2023<\/li>\n\n\n\n<li>Stock Exchanges: BSE, NSE<\/li>\n\n\n\n<li>Price Band: Yet to be announced<\/li>\n<\/ul>\n\n\n\n<p>IPOs are akin to a mutually beneficial dance. Companies gain capital by offering shares, free from interest obligations. Investors, in turn, can buy in at a potentially lower price, reaping returns in the long run. Additionally, IPOs can lead to listing gains if the company debuts on a high note. However, you must always do your due diligence before investing in any IPO. <\/p>\n\n\n\n<p class=\"has-ast-global-color-5-color has-text-color has-background has-link-color wp-elements-99316fa911e3b5ca7f1cfd997eb788c4\" style=\"background-color:#001e5a\"><strong>Know more about:<br><a href=\"https:\/\/www.equentis.com\/ipos\">IPOs<\/a>&nbsp;|&nbsp;<a href=\"https:\/\/www.equentis.com\/ipos\/current-new-ipos\">Current IPOs<\/a><a href=\"https:\/\/www.equentis.com\/ipos\/current-new-ipos\">&nbsp;<\/a>|&nbsp;<a href=\"https:\/\/www.equentis.com\/ipos\/upcoming-ipos\">Upcoming IPOs <\/a>|&nbsp;<a href=\"https:\/\/www.equentis.com\/ipos\/listed-ipos\">Listed IPO<\/a>s | <a href=\"https:\/\/www.equentis.com\/ipos\/closed-ipos\">Closed IPOs<\/a> | <a data-wpil=\"url\" href=\"https:\/\/www.equentis.com\/ipos\/ipo-performers\">IPO Performers<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">FAQs<\/h2>\n\n\n<div class=\"saswp-faq-block-section\"><ol style=\"list-style-type:none\"><li style=\"list-style-type: none\"><h5 class=\"saswp-faq-question-title \"><strong>How does an IPO benefit a company?<\/strong><\/h5><p class=\"saswp-faq-answer-text\">An IPO allows a company to raise capital by issuing shares to the public, enabling growth and expansion.<\/p><li style=\"list-style-type: none\"><h5 class=\"saswp-faq-question-title \"><strong>Can individual investors participate in an IPO?<\/strong><\/h5><p class=\"saswp-faq-answer-text\">Yes, individual investors can participate in an IPO by purchasing shares through the designated process.<\/p><li style=\"list-style-type: none\"><h5 class=\"saswp-faq-question-title \"><strong>What is an Offer for Sale (OFS) in an IPO?<\/strong><\/h5><p class=\"saswp-faq-answer-text\">An OFS allows existing shareholders to sell their shares to the public without generating fresh capital for the company.<\/p><\/ul><\/div>","protected":false},"excerpt":{"rendered":"<p>Introduction It&#8217;s November, which is time for Upcoming IPOs in November 2023. In the financial world, Initial Public Offerings (IPOs) [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":28016,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[553],"tags":[],"class_list":["post-27930","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing-ipo"],"_links":{"self":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts\/27930","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/comments?post=27930"}],"version-history":[{"count":14,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts\/27930\/revisions"}],"predecessor-version":[{"id":63080,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts\/27930\/revisions\/63080"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/media\/28016"}],"wp:attachment":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/media?parent=27930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/categories?post=27930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/tags?post=27930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}