IPO This Week: The primary market is expected to witness a flurry of activity next week, with 11 companies gearing up to launch their initial public offerings (IPOs). This includes five mainboard companies and six SME companies, indicating a robust pipeline of IPOs in the coming week. A diverse range of mainboard IPOs, spanning fintechs to supermarket chains, is poised to collectively mobilize over Rs 19,000 crore, underscoring robust investor appetite across various sectors.
Here’s a sneak peek at the upcoming IPOs slated for next week.
IPO This Week: Check List
Vishal Mega Mart: The Vishal Mega Mart IPO subscription window will open on December 11 (Wednesday) and close on December 13 (Friday), with a proposed listing on BSE and NSE by December 18. Furthermore, the company has priced the IPO between Rs 74 and Rs 78 per share, with a minimum lot size of 190 shares.
Mobikwik: One Mobikwik Systems, a fintech firm, will launch its IPO on December 11, aiming to raise Rs 572 crore through the primary market. Additionally, Mobikwik has fixed its IPO price range between Rs 265 and Rs 279 per share.
Sai Life Sciences: Sai Life Sciences Ltd will be the third company to go public on December 11 with its mainboard IPO, which will remain open until December 13. Furthermore, the IPO price range for Sai Life Sciences has been set at Rs 522 to Rs 549 per share, with a minimum lot size of 27 shares.
Inventurus Knowledge Solutions: The IPO of Inventurus Knowledge Solutions will be available for public subscription from December 12 to December 16.
International Gemmological Institute: The International Gemmological Institute IPO subscription window will open on December 13 (Friday) and close on December 17 (Wednesday).
In addition to the five mainboard IPOs, six SME IPOs are also poised to open next week. View the complete list here.
SME IPOs
| Company Name | Subscription Open Date | Subscription Close Date |
|---|---|---|
| Dhanlaxmi Crop Science | December 9 | December 11 |
| Jungle Camps India | December 10 | December 12 |
| Toss The Coin | December 10 | December 12 |
| Purple United Sales | December 11 | December 13 |
| Supreme Facility Management | December 11 | December 13 |
| Yash Highvoltage | December 12 | December 16 |
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