Boom in IPO market
There will be movement in the primary market in the current week starting from today i.e. 8th December. 13 IPOs are coming on the stock market. Apart from this, 11 new companies are going to be listed in the stock market. These 13 companies will raise more than Rs 14,700 crore through IPO, which includes Rs 14,338 crore in the mainboard segment. Let us also tell you which IPOs are coming in the stock market in the second week of the month. Also, which companies are going to debut in the stock market with Meesho?
mindboard ipo
Bengaluru-based home and furnishing company Wakefit Innovations and pharmaceutical company Corona Remedies will be the first IPOs in the mainboard segment, opening on December 8 with a price band of Rs 185-195 per share and Rs 1,008-1,062 per share, respectively. Wakefit is raising Rs 1,289 crore and Corona Remedies Rs 655.4 crore at the upper price band. This is followed by Nephrocare Health Services and Park Medi World, which are opening their IPOs for public subscription on December 10, with a price band of Rs 438-460 per share and Rs 154-162 per share respectively.
NephroPlus, Asia’s largest dialysis provider company, is aiming to raise Rs 871 crore through its public issue and Park Hospital, a hospital chain operator in North India, is aiming to raise Rs 920 crore. The last IPO in the mainboard segment this week will be that of ICICI Prudential AMC, which is raising Rs 10,603 crore at the upper end of the price band of Rs 2,061-2,165 per share. This is a pure OFS of Prudential.
SME IPO
There will also be activity in the SME segment, where eight initial public offerings (IPOs) worth Rs 367 crore will open for subscription this week. Of these, the first IPOs of KV Toys India, Prodocs Solutions and Riddhi Display Equipments will be launched on 8th December, followed by the IPOs of Unisem Agritech and Shipwaves Online on 10th December. Apart from this, the IPOs of Pagson Agro India and HRS Aluglaze will open on December 11.
After that will come the IPO of Ashwini Container Movers, which is the last as per the current IPO schedule and will open on 12th December. Five IPOs – Luxury Time, Western Overseas Study Abroad, MethodHub Software, Encompass Design India and FlyingWings Simulator Training Centre, which opened for subscription last week, are scheduled to close this week.
These companies will debut in the stock market
Apart from the IPO launch, 11 new companies will be available for trading on the exchanges, including three companies from the mainboard segment – Meesho, Equus and Vidya Wires. These three will be listed on December 10. In the SME segment, Luxury Time and Western Overseas Study Abroad will make their BSE SME debut on December 11, followed by MethodHub Software on December 12. Encompass Design India and Flying Wings Simulator Training Center will also be listed on the National Stock Exchange on Friday, December 12.