List of Upcoming IPOs next week: With 2024 nearing its end, the buzz in the primary market shows no signs of slowing down.From large-cap players to SMEs, a mix of IPOs is set to open for subscription this week.
As the final week of the year overlaps with the dawn of 2025, let’s take a look at the upcoming IPOs this week and what they have to offer.
1. Indo Farm Equipment IPO
The Indo Farm Equipment IPO will open its three days subscription window on December 31, 2024 and will close on January 2, 2025. This book-built issue with its public offering aims to raise a total of Rs 260.15 crores, combining both a fresh issue and an offer for sale.
Also Read Investing in Indo Farm IPO? 8 key things you MUST know first including IPO GMP today, risk and price band 6 IPOs debuting on the stock market today: Check out the complete list and latest GMP ahead of their listing DAM Capital, Mamata Machinery, NACDAC Infra and 5 more issues are listing this week: Complete list of IPO allotment and listings this week Upcoming IPOs this week: Unimech Aerospace – a key mainboard and 2 SME IPOs to launch this week
Breakdown of the issue:
- Fresh issue – 0.86 crore shares worth Rs 184.90 crores
- Offer for sale – 0.35 crore shares worth Rs 75.25 crores
The price band for this offering is set between the range of Rs 204 to Rs 215 per share.
Also Read: Carraro India makes lacklustre debut; lists 7.5% discount on NSE
As per the latest trend, ahead of the opening of the issue, the grey market premium (GMP) is currently trading at Rs 80, indicating a potential listing price of Rs 295, which is a 37.21 per cent premium over the upper price band.
2. Technichem Organics IPO
Technichem Organics IPO, a BSE SME issue is another noteworthy listing to look out for in early 2025.
The issue will also open for subscription on December 31, 2024, and close on January 2, 2025. This book-built issue aims to raise Rs 25.25 crores, with the issue entirely comprising fresh issue of 45.90 lakh shares.
» Read More