Upcoming IPOs and new listings subsequent week: India’s main market is about to buzz with six preliminary public choices (IPOs)—three mainboard and three SME—alongside 12 new listings from Monday, December 16, to Friday, December 20. Final week, seven SME IPOs and 5 mainboard IPOs hit the Indian main market, all of which is able to make their inventory market debut within the coming week.
The SME IPO NACDAC Infrastructure Restricted will open on Tuesday, adopted by one other SME IPO, Similar Brains Studios Restricted, on Wednesday. On Thursday, two mainboard IPOs, Mamata Equipment Restricted IPO and Transrail Lighting Restricted IPO, will open for subscription. On the identical day, one SME IPO, Newmalayalam Metal Restricted IPO, may even open for subscription. On Friday, subscriptions for mainboard IPO Ventive Hospitality Restricted IPO will open.
Among the many mainboard IPOs already open, Mobikwik IPO witnessed a whopping oversubscription of 119.38 instances total, whereas Vishal Mega Mart IPO was booked 27.28 instances. From the SME IPO house, Hamps Bio IPO, which opened on Friday, was oversubscribed by almost 11 instances on the primary day of subscription solely.
Upcoming IPOs subsequent week
Let’s check out the brand new mainboard IPOs that can open for subscription subsequent week:
Mamata Equipment IPO
The ₹179 crore book-built problem will open on Thursday, December 19, and can stay open until Monday, December 23.
Share allotment is more likely to be finalised on Tuesday, December 24, and the inventory is anticipated to be listed on the BSE and the NSE on Friday, December 27.
The difficulty has no contemporary shares on provide and it’s fully a proposal on the market (OFS) of about 74 lakh shares.
Beeline Capital Advisors Pvt Ltd is the book-running lead supervisor of the problem, whereas Hyperlink Intime India Non-public Ltd is the registrar.
Transrail Lighting IPO
It combines a contemporary problem of ₹400 crore and a proposal on the market (OFS) of 1.02 crore shares. The book-built problem will open for subscription on Thursday, December 19 and can shut on Monday, December 23.
Share allotment is more likely to be finalised on Tuesday, December 24, and the inventory might debut on the NSE and the BSE on Friday, December 27.
Inga Ventures Pvt Ltd, Axis Capital Restricted, HDFC Financial institution Restricted, IDBI Capital Market Companies Restricted are the book-running lead managers, whereas Hyperlink Intime India Non-public Ltd is the registrar for the problem.
Ventive Hospitality IPO
The ₹1,600 crore book-built problem is fully a contemporary problem which is able to open on Friday, December 20, and conclude on Tuesday, December 24.
Share allotment might be finalised on Thursday, December 26, and the tentative itemizing day for the inventory is Monday, December 30. Will probably be listed on the BSE and the NSE.
JM Monetary Restricted, Axis Capital Restricted, HSBC Securities & Capital Markets Pvt Ltd, ICICI Securities Restricted, IIFL Securities Ltd, Kotak Mahindra Capital Firm Restricted, and SBI Capital Markets Restricted are the book-running lead managers, whereas Kfin Applied sciences Restricted is the registrar for the Ventive Hospitality IPO.
Let’s check out the brand new SME IPOs that can open for subscription subsequent week:
NACDAC Infrastructure IPO
It’s fully a contemporary problem of 28.60 lakh shares to lift about ₹10 crore. The difficulty will open on Tuesday, December 17, and can conclude on Thursday, December 19.
Share allotment might be finalised on Friday, December 20, and the inventory could also be listed on the BSE SME on Tuesday, December 24.
GYR Capital Advisors Non-public Restricted is the book-running lead supervisor and Maashitla Securities Non-public Restricted is the registrar of the NACDAC Infrastructure IPO.
Similar Brains Studios IPO
It is usually fully a contemporary problem of 36.94 lakh shares to lift almost ₹20 crore. It opens for subscription on Wednesday, December 18, and closes on Friday, December 20.
The corporate might finalise share allotment on Monday, December 23, and the inventory is anticipated to be listed on NSE SME on Thursday, December 26.
Socradamus Capital Non-public Restricted is the book-running lead supervisor, whereas Bigshare Companies Pvt Ltd is the registrar for the problem.
Newmalayalam Metal IPO
A wholly contemporary problem of 46.40 lakh shares, the IPO goals to lift about ₹42 crore. The difficulty opens on Thursday, December 19, and closes on Monday, December 23.
Share allotment is anticipated to be finalised on Tuesday, December 24, and the inventory could also be listed on the NSE SME on Friday, December 27.
Khandwala Securities Restricted is the book-running lead supervisor, whereas Kfin Applied sciences Restricted is the problem registrar.
IPO listings subsequent week
There are as many as 12 new listings within the coming week.
On Monday, Dhanlaxmi Crop Science inventory will probably be listed on the NSE SME platform.
On Tuesday, two shares – Toss The Coin and Jungle Camps India- will probably be listed on the BSE SME.
On Wednesday, 5 shares will debut on Indian bourses, out of which Vishal Mega Mart, One Mobikwik Techniques and Sai Life Sciences will debut on the NSE and the BSE, whereas Purple United Gross sales and Supreme Facility Administration will debut on the NSE SME.
On Thursday, shares of Inventurus Information Options are anticipated to debut on the BSE and the NSE, and on the identical day, Yash Highvoltage will debut on the BSE SME platform.
Lastly, on Friday, shares of the Worldwide Gemmological Institute (India) could also be listed on the BSE and the NSE, and people of Hamps Bio might debut on the BSE SME platform.
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Disclaimer: The views and proposals above are these of particular person analysts, specialists, and brokerage corporations, not Mint. We advise traders to seek the advice of licensed specialists earlier than making any funding choices.
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