Exciting Week Ahead for IPOs: 11 Public Offerings to Launch, Featuring Mobikwik, Vishal Mega Mart, and IGI

The market is poised for an upbeat week as bulls make a strong comeback in the secondary market ahead of the RBI event, with 11 IPOs set to open for subscription, including five from the mainboard segment.

These 11 companies are expected to raise approximately ₹18,500 crore, bringing the total raised in IPOs this calendar year to over ₹1.64 lakh crore. Experts predict that 2025 will also be robust, with the bull run likely to continue despite some intermittent corrections.

"Indian markets remain in a bullish phase. The recent correction is transitional and ultimately healthy for sustaining this growth," said Mohit Khanna, Fund Manager at Purnartha.

He highlighted the diverse range of businesses preparing for listing, including sectors like quick-commerce, e-commerce platforms, retail, logistics, and QSR. "This variety will keep our primary markets vibrant and optimistic in 2025," he added.

Upcoming IPOs

Vishal Mega Mart

Opening for subscription on December 11, this hypermarket chain aims to raise ₹8,000 crore at a price band of ₹74-78 per share, with the issue consisting entirely of an offer-for-sale by promoter Samayat Services LLP. Bidding will close on December 13.

Sai Life Sciences

Backed by TPG Capital, this IPO will also open on December 11, targeting ₹3,043 crore with a price band of ₹522-549 per share. It includes a fresh issue of ₹950 crore and an offer-for-sale of 3.8 crore shares worth ₹2,092.6 crore.

Mobikwik

The ₹572-crore IPO of One Mobikwik Systems will hit the market on December 11, closing on December 13, with a price band set at ₹265-279 per share, consisting solely of a fresh issue by the company.

Inventurus Knowledge Solutions

This healthcare technology company’s IPO will begin on December 12 and end on December 16. It's entirely an offer-for-sale by existing shareholders, with the price band to be announced soon. The estimated IPO size is around ₹2,498 crore based on recent stake sales to institutional investors.

International Gemmological Institute

Backed by Blackstone, this ₹4,225 crore IPO will open on December 13 and close on December 17. The mix of a fresh issue of ₹1,475 crore and an offer-for-sale of ₹2,750 crores will help fund their certification services for diamonds and coloured stones, with the price band to be announced on December 9.

Dhanlaxmi Crop Science

Opening from December 9-11, this SME segment IPO aims to raise ₹23.8 crore at a price band of ₹52-55 per share, marking it as the first SME IPO of the week.

Jungle Camps India

Set to launch on December 10, this wildlife camps and hotels operator aims for ₹29.4 crore through an IPO of 40.86 lakh shares priced between ₹68-72.

Toss The Coin

This Chennai-based marketing consulting firm will initiate its ₹9.2 crore IPO on December 10, closing on December 12, with a price band of ₹172-182 per share.

Purple United Sales

This fashion brand will open its IPO on December 11, looking to raise ₹32.8 crore with a price range of ₹121-126 per share, closing on December 13.

Supreme Facility Management

The Pune-based facility management company will open its ₹50-crore IPO on December 11, with a price band set at ₹72-76 per share.

Yash Highvoltage

This transformer bushings manufacturer will debut its maiden IPO of 75.35 lakh shares on December 12, with the price band announced next week.

Upcoming Closures and Listings

Emerald Tyre Manufacturers, a Tamil Nadu-based tyre producer, will see its ₹49-crore IPO close on December 9, having been subscribed 102.71 times so far.

In the mainboard segment, Property Share Investment Trust SM REIT will list its units on the BSE on December 9, while trading for Nisus Finance Services and Emerald Tyre Manufacturers shares is expected to commence on December 11 and December 12, respectively.