SUMMARY
Mainboard segment IPO Indo Farm Equipment will open for subscription on December 31. Meanwhile, Ventive Hospitality, Senores Pharmaceuticals, and Carraro India will debut on the stock exchanges on December 30, and Unimech Aerospace and Manufacturing on December 31.
Indo Farm Equipment | The farming equipment maker is set to launch its mainboard IPO on December 31, aiming to raise ₹260 crore. The issue will include a fresh issue of ₹185 crore and an offer-for-sale of ₹75 crore. The price band for the offer has been fixed at ₹204-215 per share, with the subscription closing on January 2.
Technichem Organics | The IPO for this small and medium enterprise (SME) is worth ₹25.25 crore and will open on December 31. The price band for the issue has been set at ₹52-55 per share. The IPO will close on January 2, 2025.
Leo Dry Fruits and Spices Trading | The company will launch its ₹25.1 crore IPO on January 1, closing on January 3. The price band for the book-built issue has been fixed at ₹51-52 per share. This IPO will kick off the new year for public offerings.
Fabtech Technologies Cleanrooms | The pharmaceutical company is aiming to offer 32.64 lakh shares in an IPO on January 3. The price band for the issue has not yet been announced. The IPO will close on January 7, 2025.
Listings Next Week | Six companies are scheduled to list next week, including Ventive Hospitality, Senores Pharmaceuticals, and Carraro India on December 30. Unimech Aerospace and Manufacturing will list on December 31, marking the start of the new year for IPO debuts.
Grey Market Premiums | Shares of Unimech Aerospace are trading at a premium of over 80% in the grey market, while Senores Pharmaceuticals is trading at a 60% premium. Ventive Hospitality shares are seeing a premium of 10%, while Carraro India shares have not seen any premium. The grey market activity indicates strong investor interest in these IPOs.