The Indian primary market is set for an explosive week ahead as nine companies prepare to launch their initial public offerings (IPOs), including retail giant Vishal Mega Mart, fintech player MobiKwik, and pharmaceutical services company Sai Life Sciences.
Advertisement
Upcoming IPOs next week
Vishal Mega Mart (December 11-13)
- Offer size: ₹8,000 crore
- Price band: ₹74-78 per share
- Pure offer for sale (OFS) of 102.56 crore shares
- Minimum investment: ₹14,820 (190 shares)
- Expected listing: December 18 on BSE and NSE
Sai Life Sciences (December 11-13)
- Offer size: ₹3,042.69 crore
- Price band: ₹522-549 per share
- Mixed offering: Fresh issue + OFS of 3.81 crore shares
- Fresh issue component: ₹950 crore
- Expected listing: December 18 on BSE and NSE
MobiKwik (December 11-13)
- Offer size: ₹572 crore
- Price band: ₹265-279 per share
- Fresh issue of 2.05 crore shares
- Minimum investment: ₹14,787 (53 shares)
- Expected listing: December 18 on BSE and NSE
Inventurus Knowledge Solutions (December 12-16)
- Backed by Rekha Jhunjhunwala
- Healthcare technology solutions provider
- Expected listing: December 19 on BSE and NSE
SME Segment Offerings
- Dhanlaxmi Crop Science (December 9-11)
- Offer size: ₹23.8 crore
- Fresh issue of 43.28 lakh shares
- NSE SME listing
- Toss The Coin Limited (December 10-12)
- Offer size: ₹9.17 crore
- Fresh issue of 5.04 lakh shares
- BSE SME listing
- Jungle Camps India (December 10-12)
- Offer size: ₹29.42 crore
- Fresh issue of 40.86 lakh shares
- BSE SME listing
- Purple United Sales (December 11-13)
- Offer size: ₹32.81 crore
- Fresh issue of 26.04 lakh shares
- NSE SME listing
- Supreme Facility Management (December 11-13)
- Offer size: ₹50 crore
- Fresh issue of 65.79 lakh shares
- NSE SME listing
Upcoming Market Debuts
Three companies are scheduled to list their shares next week:
- Property Share Investment Trust SM REIT (BSE) – December 9
- Nisus Finance Services Co (BSE SME) – December 11
- Emerald Tyre Manufacturers Limited (NSE SME) – December 12
This flurry of IPO activity marks a strong end to 2024, with the primary market having already raised nearly ₹1.4 lakh crore through over 300 public offerings this year. The robust pipeline of upcoming issues indicates continued investor interest in India’s primary market despite global economic uncertainties.
Advertisement
