Next week, the IPO of the country’s most emerging e-commerce platform Meesho is coming. The special thing is that this IPO will be the biggest issue of the week. Along with this, about a dozen more IPOs are also coming. Who are preparing to raise a total of Rs 6900 crore from the stock market. In which Misho will have the biggest stake. Apart from Meesho, there are other IPOs lined up in the mainboard. Which includes Equus and Vidya Wires. On the other hand, there will be 9 IPOs of SMEs in the stock market next week. At present the stock market is very close to its peak. GDP figures have come out quite good. In such a situation, the risk sentiment among investors has also reached its peak. Because of which it is expected that the IPO may get a very good response in the next week.
Biggest Meesho IPO of the week
Meesho’s Rs 5,421 crore IPO will open on December 3 and will be the most watched issue of this week. This e-commerce marketplace is offering shares in the band of Rs 105-111. With its large scale, growing customer base and improving operating standards, Meesho’s listing is expected to attract considerable interest from investors. The company operates on a zero-commission model and is India’s largest e-commerce platform in terms of number of users and orders transacted annually. The issue comprises a fresh allotment and a larger offer for sale by the early investors and founders.
Equus and Vidya Wires are also attracting mainboard investors. Along with Meesho, two more mainboard IPOs will open next week. Aerospace and precision-manufacturing supplier Equus plans to raise Rs 921.81 crore at a price band of Rs 118-124. Vidya Wires, a company that provides special types of wires used in industrial applications, aims to raise Rs 300 crore with a price band of Rs 48-52. Both the issues will open on 3 December and close on 5 December. Along with Meesho, these three mainboard IPOs will contribute more than Rs 6,640 crore to the amount raised this week.
There is a long list of SME IPOs
On the other hand, there is a long list of SME IPOs for the next week. Nine SME IPOs will be open for subscription throughout the week, from which a total of about Rs 252 crore will be raised. These include Astron Multigrain (Rs 18.40 crore), Invicta Diagnostics (Rs 28.12 crore), Speb Adhesives (Rs 33.73 crore), Clear Secured Services (Rs 85.60 crore), Revelcare (Rs 24.10 crore), Hellogy Holidays (Rs 10.96 crore), Neochem Bio Solutions (Rs 44.97 crore) and Luxury Time. (Rs 18.74 crore) are included. The SME pipeline for this week stands at around Rs 250 crore, attracting interest from small-cap investors looking for niche, early-stage businesses.
What record will Meesho IPO create?
With around Rs 7,000 crore worth of IPOs from both mainboard and SME IPOs, next week will be one of the most active IPOs of the year for IPO watchers. Meesho’s big issue will set the tone, but Equus and Vidya Wires will add depth to the mainboard, while smaller companies from manufacturing, diagnostics, consumer products and software sectors will join the SME list. Mainboard investors will focus on subscription trends and anchor interest in Meesho, which is expected to influence overall sentiment. For the SME segment, market participants will keep an eye on oversubscription levels and listing premiums, which have declined in recent weeks.