The month of August is expected to be favorable for those investing in IPOs.

Upcoming IPO in August 2023

IPOs of 8 to 10 companies are going to be launched in August 2023, in which you can earn bumper by investing.

As per reports, around 10 IPOs are lined up this month which are expected to raise around ₹8,000 crore.

The ₹1,551 crore IPO of pharmaceutical firm Concord Biotech opened for public subscription on Friday.

1- Concorde Biotech:

The ₹1,025 crore IPO of non-banking finance company SBFC Finance opened for subscription on Wednesday.

2- SBFC Finance

3- Jupiter Lifeline Hospitals 4- Innova Captab 5- TVS Supply Chain Solutions 6- Travel

7- Balaji Specialty Chemicals 8- Rishabh Instruments 9- Aeroflex Industries 10- Vishnu Prakash R Punglia

According to market experts, only selected companies with unique businesses will get good demand.

Let us tell you that till now in 2023, 13 companies have raised ₹ 10,283 crore from the primary market.

If you do not file ITR even till the last date, then you can be imprisoned for up to 7 years.