The India IPO market is buzzing with activity this week, offering investors a mix of opportunities across various industries. On the mainboard, 5 companies are gearing up to make their debut, including International Gemmological Institute (India) Limited, Inventurus Knowledge Solutions Limited, One MobiKwik Systems Limited, Sai Life Sciences Limited, and Vishal Mega Mart Limited.
Vishal Mega Mart, a leading hypermarket chain, is launching an IPO worth ₹8,000 crores. The entire issue is an offer for sale of 102.56 crore shares.
Vishal Mega Mart IPO will be open for subscription from December 11, 2024, to December 13, 2024. The price band is ₹74 to ₹78 per share, and the minimum lot size is 190 shares. Retail investors need to invest at least ₹14,820.
Sai Life Sciences IPO, with a total issue size of ₹3,042.62 crores, consists of a fresh issue of ₹950 crores (1.73 crore shares) and an offer for sale of ₹2,092.62 crores (3.81 crore shares).
The IPO will be open for subscription from December 11, 2024, to December 13, 2024. The price band is set at ₹522 to ₹549 per share, with a minimum application size of 27 shares. Retail investors need to invest a minimum of ₹14,823.
MobiKwik, a prominent fintech company, is launching its IPO with a total size of ₹572 crores. This IPO is entirely a fresh issue of 2.05 crore shares.
MobiKwik IPO subscription period is from December 11, 2024, to December 13, 2024. The price band is ₹265 to ₹279 per share, with a minimum lot size of 53 shares. Retail investors need to invest a minimum of ₹14,787.
Inventurus Knowledge Solutions, a healthcare solutions provider, is set for an IPO worth ₹2,497.92 crores. The entire issue is an offer for sale of 1.88 crore shares.
Inventurus Knowledge Solutions IPO subscription will be open from December 12, 2024, to December 16, 2024. The IPO price band is ₹1,265 to ₹1,329 per share, with a minimum lot size of 11 shares. Retail investors need to invest a minimum of ₹14,619.
International Gemmological Institute, a globally recognised organization specialising in the certification and grading of diamonds, gemstones, and jewellery, is set to launch its IPO. The total issue size is ₹4,225 crores, comprising a fresh issue of ₹1,475 crores and an offer for sale of ₹2,750 crores.
The IPO will open for subscription from December 13, 2024, to December 17, 2024. The price band is set at ₹397 to ₹417 per share, with a minimum application lot size of 35 shares. Retail investors need to invest a minimum of ₹14,595.
In addition to the mainboard, the SME segment is also has a lineup of upcoming IPOs. Companies like Yash Highvoltage Limited, Supreme Facility Management Limited, Purple United Sales Limited, Toss The Coin Limited, Jungle Camps India Limited, and Dhanlaxmi Crop Science Ltd are all set to enter the market.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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