Top Upcoming IPOs to Watch: Opportunities in Green Energy, Fintech, and More

Digital payments, health insurance, and renewable energy are among the industries gaining prominence as the Indian market prepares for a new wave of initial public offerings. Businesses with distinct advantages and room for expansion, such as NTPC Green Energy, Acme Solar Holdings, Niva Bupa Health Insurance, and One Mobikwik Systems, are leading the way. 

From innovations in digital finance and health coverage to sustainable energy solutions, India's changing economic landscape is exemplified by these impending initial public offerings. The history, market positioning, and implications of these initial public offerings (IPOs) for investors interested in India's developing industries will all be covered in this blog.

 

NTPC Green Energy Ltd
As India’s largest renewable energy company in the public sector, NTPC Green Energy Ltd has an impressive 14,696 MW of capacity in its current portfolio, with an additional 10,975 MW under development in solar and wind projects.

Acme Solar Holdings Ltd
Specializing in solar power, Acme Solar Holdings Ltd focuses on end-to-end solutions, handling engineering, procurement, and construction (EPC), along with operations and maintenance (O&M). The company generates income by supplying electricity to state and national entities.

Health Insurance Company Ltd., Niva Bupa
Niva Bupa Health Insurance, which holds a 16.24% market share in India's standalone health insurance (SAHI) sector, reported ₹5,499 crore in gross direct premiums for the fiscal year 2023–2024. After Star Health, the firm would be the second SAHI provider in India to go public. It focuses on digital solutions and provides smooth services from customer onboarding to claim processing.

The company One Mobikwik Systems Ltd.
One Mobikwik Systems Ltd., a payments platform that provides services including Kwik QR, EDC machines, and Merchant Cash Advance, was founded by Bipin Preet Singh and Upasana Taku. Its subsidiary, Zaakpay, recently obtained a Payment Aggregator (PA) license issued by the RBI and offers B2B payment gateway solutions for e-commerce companies.

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