Action-Packed IPO Phase Awaits Investors in the New Year
The primary market is gearing up for a bustling start to the New Year, with seven initial public offerings (IPOs) set to open for subscription next week. These include three mainboard IPOs and four SME offerings on NSE and BSE, ensuring an active week for investors.
Adding to the excitement, six IPOs are scheduled for listing between January 6 and January 10.
Mainboard IPO Highlights
- Standard Glass Lining Technology IPO
Opening on Monday, January 6, Standard Glass Lining Technology aims to raise ₹410.05 crore. The offer comprises:- A fresh issue of 1.50 crore shares, totaling ₹210 crore.
- An offer for sale of 1.42 crore shares, amounting to ₹200.05 crore.
- Capital Infra Trust Invit IPO
This ₹1,578-crore public offer opens on Tuesday, January 7, and closes on January 9. It includes:- A fresh issue of 10.77 crore shares.
- An offer for sale of 5.01 crore shares.
- Quadrant Future Tek IPO
Scheduled to open on Tuesday, January 7, Quadrant Future Tek’s ₹290-crore IPO features a fresh issue of 1 crore shares.- Price band: ₹275 to ₹290 per share.
- Lot size: 50 shares.
- Minimum investment: ₹14,500.
SME IPO Line-Up
Four SME IPOs are slated for next week:
- Indobell Insulation Limited
Opening on Monday, January 6, this ₹10.14-crore IPO is priced at ₹46 per share, with a minimum lot size of 3,000 shares. - BR Goyal Infrastructure Limited
Launching on January 7, this ₹85.21-crore IPO features a price band of ₹128 to ₹135 per share. The lot size is 1,000 shares. - Delta Autocorp Limited
Set for January 7, this offer aims to raise ₹54.60 crore through a combination of a fresh issue (38.88 lakh shares) and an OFS (3.12 lakh shares). - Avax Apparels and Ornaments Limited
Opening on January 7, this ₹1.92-crore IPO is priced at ₹70 per share, with a lot size of 2,000 shares.
All three IPOs launching on January 7 will close on January 9.
Upcoming IPO Listings
Six IPOs will debut on the stock market next week:
- Indo Farm Equipment Limited will list on NSE and BSE on January 7.
- Technichem Organics Limited will debut on the BSE SME platform on the same day.
- Fabtech Technologies Cleanrooms IPO is scheduled for listing on January 10.
- Davin Sons and Parmeshwar Metal will list on January 9.
- Leo Dry Fruits and Spices is set for January 8.
The New Year promises a dynamic period for primary market investors, with opportunities spanning multiple sectors and platforms.