The primary market will see a total of three IPOs in the last week of December. There will be 1 IPO that will open for bidding on the mainboard and the SME platform will see 2 SME IPO openings. Here’s the list of upcoming IPOs this week:
Mainboard IPO
Unimech Aerospace and Manufacturing IPO
Unimech Aerospace IPO wants to raise Rs 500 crore from the primary markets. The issue is a combination of a fresh issue and an offer for sale. The IPO will open on December 23 and end on December 26. The allotment of shares will be finalised on December 27 while the listing of the stock is likely to take place on December 31, as per the tentative schedule. The company’s IPO price band ranges from Rs 745 to Rs 785 per equity share. Anand Rathi Securities and Equirus Capital Private are the book-running lead managers of the IPO, while Kfin Technologies is the registrar for the issue.
SME IPO
Solar91 Cleantech IPO
Solar91 Cleantech is an SME IPO that wants to raise Rs 106 crores by selling 54.36 lakh fresh shares. The IPO will open on December 24 and close on December 27. The allotment of shares is expected to be finalised on December 30. The listing is likely to take place on BSE SME on January 1. The IPO price band is fixed between Rs 185 to Rs 195 per equity share. Narnolia Financial Services is the sole book-running lead manager of the IPO, while Maashitla Securities is the registrar for the issue. The market maker for Solar91 Cleantech IPO is Prabhat Financial Services.
Anya Polytech IPO
Anya Polytech is an SME IPO that wants to raise Rs 44.80 crore, which is entirely a fresh issue of 3.20 crore shares. The IPO will open for subscription on December 26 and closes on December 30. The allotment for the shares is expected to be finalised on December 31. The IPO will be listed on the NSE SME platform on January 2. The IPO price band is fixed between Rs 13 to Rs 14 per equity share. Beeline Capital Advisors is the book-running lead manager of the IPO, while Skyline Financial Services is the registrar for the issue and Spread X Securities is the market maker.
Later in the week,
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