What is Pre IPO?
Pre IPO is product by Planify which brings "Private Equity for Retail investors". One can invest in companies before it get listed on stock market.
Why invest in Pre IPO?
When was the last time you have invested money in a good IPO and get shares worth more than 50,000 Rs. Probably one needs to run the time back to get an answer.
Good IPO in India do get oversubscribed by 30x-50x. Retail investor hardly get shares before listing. Post listing, pricing are generally get overvalued most of the times.
Invest in Growth
As more and more companies choose to stay private longer, Retail miss on ultra growth stage of a company. Valuations of private companies rise multi-fold before listing. You get to ride the wave.
Big Private Equity
Success for any new startup is measured when they are able to go public. Retail investor can only put a max. of 2 Lac Rs. application whereas they have far more money to invest. Private Equity in India starts at 2 crores. That already a big difference of 2 Lac vs 2 crores.
This is the reason Planify is finding opportunities for Retail investors to invest in companies which are going to hit stock market in short to mid terrm.
How to Invest?
Pre IPO's Done Earlier
|Script Name||Pre IPO Selling Rate||IPO Price Band||Time(in year)||Listing Price||Current Rate|
|Bombay Stock Exchange||200||806||2.5||1069||545|
|HDFC Standard Life||210||290||1.5||344||635|
|Avenue Supermarts Ltd(D-Mart)||280||300||1.5||616||1975|
|ICICI Prudential Life Insurance||130||334||2.5||310||512|
|Central Deository Services Ltd(CDSL India)||60||149||2||261||226|
|AU Small Finance Bank||175||358||1.5||597||689|
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