December IPO Frenzy: 6 New Issues and 12 Listings Set to Heat Up the Market
India primary market remains vibrant as we move through December, with six new companies launching their initial public offerings (IPOs) and 12 stocks set to make their market debut in the coming week. Key offerings include Transrail Lighting Ltd., Mamata Machinery Ltd., and Blackstone-backed Ventive Hospitality, all gearing up for their public issue launches.
Upcoming IPOs to Watch
- Transrail Lighting Ltd.
The company will launch its IPO on December 19, aiming to raise ₹400 crore through a fresh issue along with an offer for sale (OFS) of 1.02 crore shares. - Mamata Machinery Ltd.
Also debuting on December 19, Mamata Machinery’s IPO targets ₹179.4 crore and is entirely an OFS of 0.74 crore shares. - Ventive Hospitality Ltd.
Backed by Blackstone, this hospitality company is aiming to raise ₹1,600 crore through a fresh issue of equity shares, with the IPO opening on December 20.
Additionally, Inventurus Knowledge Solutions Ltd. and International Gemmological Institute (India) Ltd. will continue their IPOs this week.
SME IPOs in the Spotlight
The small and medium enterprise (SME) segment will also see action, with two companies opening their IPOs next week:
- Identical Brains Studios Ltd.
Set to raise ₹19.95 crore, this IPO will open for subscription on December 18. - NACDAC Infrastructure Ltd.
The ₹10 crore IPO will open on December 17.
On December 19, New Malayalam Steel Ltd. will also launch its ₹41.76 crore IPO.
IPO Listings to Watch
Next week will see an exciting lineup of listings, including five mainboard IPOs and seven SME IPOs:
- Mainboard Listings:
- Vishal Mega Mart Ltd.: List on December 17 (BSE and NSE).
- Sai Life Sciences Ltd. and One MobiKwik Systems Ltd.: List on December 18.
- Inventurus Knowledge Solutions: List on December 18.
- International Gemmological Institute: List on December 20.
- SME Listings:
- Dhanlaxmi Crop Science Ltd.: List on December 16 (NSE).
- Jungle Camps India Ltd. and Toss The Coin Ltd.: List on December 17 (BSE SME).
- Supreme Facility Management Ltd. and Purple United Sales Ltd.: List on December 18.
- Yash Highvoltage Ltd.: List on December 19.
- Hamps Bio Ltd.: List on December 20.
Additional Developments
In other news, SEBI has approved the IPOs of Rosmerta Digital Services Ltd., Avanse Financial Services Ltd., Indo Farm Equipment Ltd., and DAM Capital Advisors Ltd., further contributing to the dynamic IPO landscape.
With so many IPOs and listings lined up, next week promises to be a thrilling period for investors, with a chance to participate in multiple public offerings and potentially lucrative market debuts.