2025 sees a strong momentum in the IPO market; Top 5 IPO next week

The IPO market is gearing up for an exciting week ahead with five SME IPOs set to open for subscription. While no new mainboard IPOs are scheduled, the SME segment continues to see strong investor interest. Last week, Dr. Agarwal's Health IPO, which closed on January 31, received solid responses across all investor categories.

Strong Momentum in the IPO Market

"The IPO market has been quite active this year, with multiple public issues creating buzz. Investors remain optimistic, and new IPOs continue to attract strong interest. Despite market corrections, the primary market has shown resilience, offering great opportunities for investors. We anticipate a robust fundraising year, with capital raised potentially exceeding ₹2 lakh crore," said Pantomath Capital Advisors Private Limited.

List of SME IPOs Opening Next Week

Chamunda Electricals IPO

Subscription: February 4 - February 6, 2025

Issue Size: ₹14.60 crore

Price Band: ₹47 - ₹50 per share

Lead Manager: GYR Capital Advisors Pvt Ltd

Registrar: Kfin Technologies Ltd

Market Maker: Wiinance Financial Services Pvt Ltd

Ken Enterprises IPO

Subscription: February 5 - February 7, 2025

Issue Size: ₹83.65 crore

Price Band: ₹94 per share

Lead Manager: Corporate Makers Capital Ltd

Registrar: Skyline Financial Services Pvt Ltd

Market Maker: Giriraj Stock Broking Pvt Ltd

Amwill Healthcare IPO

Subscription: February 5 - February 7, 2025

Issue Size: ₹59.98 crore

Price Band: ₹105 - ₹111 per share

Lead Manager: Unistone Capital Pvt Ltd

Registrar: Bigshare Services Pvt Ltd

Market Maker: Globalworth Securities Ltd

Readymix Construction IPO

Subscription: February 6 - February 10, 2025

Issue Size: ₹37.66 crore

Price Band: ₹121 - ₹123 per share

Lead Manager: Hem Securities Ltd

Registrar: Bigshare Services Pvt Ltd

Market Maker: Hem Finlease Pvt Ltd

Eleganz Interiors IPO

Subscription: February 7 - February 11, 2025

Issue Size: ₹78.07 crore

Price Band: ₹123 - ₹130 per share

Lead Manager: Vivro Financial Services Pvt Ltd

Registrar: Bigshare Services Pvt Ltd

Market Maker: Rikhav Securities Ltd

Upcoming IPO Listings

Dr. Agarwal’s Healthcare IPO: The allotment is expected to be finalized on February 3, with a tentative listing date on BSE and NSE set for February 5.

Malpani Pipes IPO: The allotment is expected to be finalized on February 3, with a tentative listing on the BSE SME board on February 4.

With strong investor participation and increasing confidence in the primary market, the upcoming IPOs present exciting opportunities. Stay tuned for more updates on these listings!