The primary market is abuzz with activity as 11 IPOs—five mainboard and six SME—are set to launch this week. These IPOs span diverse industries, from fintech to retail and specialty services, collectively aiming to raise significant capital. Here is a breakdown of the key IPOs to watch:
Mainboard IPOs
1. Vishal Mega Mart IPO
- Open Date: December 11, 2024
- Close Date: December 13, 2024
- Price Band: Rs 74 to Rs 78 per share
- Issue Size: Rs 8,000 crore (Offer for Sale)
- Key Highlights: A leading hypermarket chain with shares trading at a 26% premium in the grey market.
2. Mobikwik IPO
- Open Date: December 11, 2024
- Close Date: December 13, 2024
- Price Band: Rs 265 to Rs 279 per share
- Issue Size: Rs 572 crore (Fresh Issue)
- Key Highlights: Fintech firm to use proceeds for business expansion, AI-driven technology, and capital expenditure.
3. Sai Life Sciences IPO
- Open Date: December 11, 2024
- Close Date: December 13, 2024
- Price Band: Rs 522 to Rs 549 per share
- Issue Size: Rs 3,042.62 crore (Fresh Issue + Offer for Sale)
- Key Highlights: Specializes in pharma and biotech solutions, with a modest 4% premium in the grey market.
4. Inventurus Knowledge Solutions IPO
- Open Date: December 12, 2024
- Close Date: December 16, 2024
- Price Band: To be announced
- Issue Size: 1.88 crore shares (Offer for Sale)
- Key Highlights: Focused on knowledge process outsourcing services.
5. International Gemmological Institute IPO
- Open Date: December 13, 2024
- Close Date: December 17, 2024
- Price Band: To be announced
- Issue Size: Rs 4,225 crore (Fresh Issue + Offer for Sale)
- Key Highlights: Funds to be used for international acquisitions.
SME IPOs
6. Dhanlaxmi Crop Science IPO
- Open Date: December 9, 2024
- Close Date: December 11, 2024
- Price Band: Rs 52 to Rs 55 per share
- Issue Size: Rs 23.80 crore
- Key Highlights: Focused on agricultural solutions.
7. Jungle Camps India IPO
- Open Date: December 10, 2024
- Close Date: December 12, 2024
- Price Band: Rs 68 to Rs 72 per share
- Issue Size: Rs 29.42 crore
- Key Highlights: Operates luxury camping services.
8. Toss The Coin IPO
- Open Date: December 10, 2024
- Close Date: December 12, 2024
- Price Band: Rs 172 to Rs 182 per share
- Issue Size: Rs 9.17 crore
- Key Highlights: Aims to enhance its digital payment platform.
9. Purple United Sales IPO
- Open Date: December 11, 2024
- Close Date: December 13, 2024
- Price Band: Rs 121 to Rs 126 per share
- Issue Size: Rs 32.81 crore
- Key Highlights: Specializes in consumer goods distribution.
10. Supreme Facility Management IPO
- Open Date: December 11, 2024
- Close Date: December 13, 2024
- Price Band: Rs 72 to Rs 76 per share
- Issue Size: Rs 50 crore
- Key Highlights: Offers integrated facility management services.
11. Yash Highvoltage IPO
- Open Date: December 12, 2024
- Close Date: December 16, 2024
- Price Band: To be announced
- Issue Size: 75.35 lakh shares (Fresh Issue + Offer for Sale)
- Key Highlights: Operates in the high-voltage electrical components segment.
These IPOs represent a diverse range of sectors, showcasing investor confidence in the Indian capital market. Keep an eye on subscription dates and GMP trends for timely investment decisions.
