There will be a total of five listings on the bourses – NSE and BSE – on December 18. There will be 3 listings on the mainboard and two on the SME platform. Here’s a list of all the IPOs to hit the D-street tomorrow:
Mainboard IPO listings
Vishal Mega Mart IPO
Vishal Mega Mart will hit the exchanges on December 18. In the grey market, the company’s stocks were trading at a premium of a bit over 26%, indicating a listing of around Rs 98. The grey market is an unofficial place to trade shares. The company’s IPO was subscribed to a total of 28.75 times. The retail buyers booked the issue 2.43 times while NIIs booked it 15 times. While the QIBs booked it more than 85 times. The company raised Rs 8,000 crore through an offer for sale of 102.56 crore shares. It opened for bidding on December 11 and closed on December 13. Its price band ranged from Rs 74 to Rs 78 per equity share.
MobiKwik IPO
MobiKwik shares will be listed on December 18. The stocks of the company were fetching a premium of 59% in the grey market. This indicated that the stock might list around a price of Rs 444. The company raised Rs 572 crore through selling 2 crore fresh shares. The IPO bidding was started on December 11 and ended on December 13. The allotment for Mobikwik IPO was finalised on December 16. The IPO price band ranged from Rs 265 to Rs 279 per equity share.
Sai Life Sciences IPO
Along with Vishal Mega Mart and Mobikwik, Sai Life Sciences hit the bourses on December 18. The company’s IPO was subscribed to a total of 10.27 times. The retail category was subscribed 1.4 times and NII 5 times. The QIBs booked it 29.78 times. The company raised Rs 3,042.62 crore through a combination of fresh issue as well as an offer for sale. The IPO was opened on December 11 and closed on December 13. Its price band was set from Rs 522 to Rs 549 per equity share.
SME IPO
Supreme Facility Management IPO
Supreme Facility Management IPO will be listed on the NSE SME platform on December 18. The IPO raised Rs 50 crore by selling 66 lakh fresh shares.
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