As Dalal Street continues to witness soaring benchmarks, flourishing sectors, and an array of milestones, the primary market is stealing the spotlight with heightened activity. The upcoming week, starting December 18, is poised for a bustling IPO showcase, featuring 12 companies that collectively aim to raise ₹4,600 crores—an increase from the previous week’s ₹4,000 crores. This surge in interest can be attributed to a focus on profitability and reasonable pricing, relative to the higher valuation multiples in listed peers.
Managing Director of Pantomath Capital Advisors Pvt. Ltd., Mahavir Lunawat, anticipates a robust capital raise in the coming year as well, with over 65 IPO documents already filed with SEBI, 25 of which have received regulatory approval.
**New Listings Next Week:**
– **DOMS Industries:** Listed on BSE, NSE, with a tentative listing date set for Wednesday, December 20, 2023.
– **Indian Shelter Finance Corporation:** Listed on BSE, NSE, with a tentative listing date set for Wednesday, December 20, 2023.
– **Presstonic Engineering:** Listed on NSE SME, with a tentative listing date set for Monday, December 18, 2023.
– **S J Logistics (India):** Listed on NSE SME, with a tentative listing date set for Tuesday, December 19, 2023.
– **Shree OSFM E-Mobility:** Listed on NSE SME, with a tentative listing date set for Thursday, December 21, 2023.
– **Siyaram Recycling Industries:** Listed on BSE SME, with a tentative listing date set for Thursday, December 21, 2023.
– **Benchmark Computer Solutions:** Listed on BSE SME, with a tentative listing date set for Thursday, December 21, 2023.
– **Inox India Limited (Inox CVA IPO):** Listed on BSE, NSE, with a tentative listing date set for Thursday, December 21, 2023.
**Upcoming IPOs Next Week:**
1. **Muthoot Microfin Limited IPO:**
– Subscription: Dec 18, 2023 – Dec 20, 2023
– Issue Size: ₹960 crores
– Price Band: ₹277 to ₹291 per share
2. **Suraj Estate Developers IPO:**
– Subscription: Dec 18, 2023 – Dec 20, 2023
– Issue Size: ₹400.00 crores
– Price Band: ₹340 to ₹360 per share
3. **Motisons Jewellers Limited IPO:**
– Subscription: Dec 18, 2023 – Dec 20, 2023
– Issue Size: ₹151.09 crores
– Price Band: ₹52 to ₹55 per share
4. **Happy Forgings Limited IPO:**
– Subscription: Dec 19, 2023 – Dec 21, 2023
– Issue Size: ₹400 crores
– Price Band: ₹808 to ₹850 per share
5. **Credo Brands Marketing Limited IPO:**
– Subscription: Dec 19, 2023 – Dec 21, 2023
– Issue Size: ₹549.78 crores
– Price Band: ₹266 to ₹280 per share
6. **RBZ Jewellers Limited IPO:**
– Subscription: Dec 19, 2023 – Dec 21, 2023
– Issue Size: ₹100.00 crores
– Price Band: ₹95 to ₹100 per share
7. **Azad Engineering Limited IPO:**
– Subscription: Dec 20, 2023 – Dec 22, 2023
– Issue Size: ₹740 crores
– Price Band: ₹499 to ₹524 per share
8. **Innova Captab Limited IPO:**
– Subscription: Dec 21, 2023 – Dec 26, 2023
– Issue Size: ₹570 crores
– Price Band: ₹426 to ₹448 per share
9. **Sahara Maritime Limited IPO:**
– Subscription: Dec 18, 2023 – Dec 20, 2023
– Issue Size: ₹6.88 crores
– Price: ₹81 per share
10. **Electro Force (India) Limited IPO:**
– Subscription: Dec 19, 2023 – Dec 21, 2023
– Issue Size: ₹80.68 crores
– Price: ₹93 per share
11. **Shanti Spintex Limited IPO:**
– Subscription: Dec 19, 2023 – Dec 21, 2023
– Issue Size: ₹31.25 crores
– Price Band: ₹66 to ₹70 per share
12. **Trident Techlabs Limited IPO:**
– Subscription: Dec 21, 2023 – Dec 26, 2023
– Issue Size: ₹16.03 crores
– Price Band: ₹33 to ₹35 per share
The IPO market remains vibrant, offering diverse opportunities for investors seeking new avenues for growth and capital appreciation. It’s crucial for investors to conduct thorough research and consider their risk appetite before making investment decisions.
