Dec 30, 2024 09:45 AM IST
The year 2024 has been a very strong one for IPOs in general, with a total of 335 companies having launched their public issues, raising ₹1.72 lakh crore
This week will see four initial public offerings (IPOs) along with six other companies being listed on the bourses.
The year 2024 has been a very strong one for IPOs in general, with a total of 335 companies having launched their public issues, which includes 93 mainboard ones, raising nearly ₹1.72 lakh crore, the highest ever in a year, according to a Moneycontrol report.
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List of upcoming IPOs for the week
1) Indo Farm Equipment
This is the only mainboard IPO coming this week. It will open on December 31 and close on January 2, with plans to raise ₹260 crore through a fresh issue of ₹185 crore and an offer-for-sale (OFS) of around ₹75 crore worth of shares, at a price band of ₹204-215 per share.
2) Technichem Organics
This is the first among the three small and medium enterprise (SME) IPOs coming up this week. It is a ₹25.25-crore issue which will open on December 31 with a price band of ₹52-55 per share.
3) Leo Dry Fruits and Spices Trading
This is a ₹25.1 crore issue which will open on January 1 and close on January 3 at The price band of ₹51-52 per share.
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4) Fabtech Technologies Cleanrooms
This company which makes pre-engineered and pre-fabricated modular panels will have its IPO open for bidding on January 3, closing it on January 7. The price band for the 32.64 lakh shares IPO is however, yet to be announced.
IPOs closing this week
Anya Polytech & Fertilizers will close its ₹45 crore IPO on December 30, which has so far, been subscribed 26.22 times, while Citichem India’s ₹12.6 crore IPO will be closing on December 31, so far being booked 25.89 times.
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New listings this week
A total of six companies are scheduled to list this week including three Ventive Hospitality, Senores Pharmaceuticals, and Carraro India from the mainboard segment on December 30, and Unimech Aerospace and Manufacturing on December 31.
Meanwhile, Anya Polytech & Fertilizers will be debuting on the NSE Emerge on January 2, and Citichem India on the BSE SME on January 3.
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