IPO Market Buzz: Highlights and insights for the week ahead

As January 2025 draws to a close, the IPO market remains vibrant, offering multiple opportunities for investors. From healthcare to logistics, the upcoming week (January 26 – February 2, 2025) features a mix of mainboard and SME issues, allotments, and highly anticipated listings. Here’s a roundup of what to watch:

Upcoming IPOs This Week

Dr. Agarwals Healthcare IPO

Issue Size: ₹3,027.26 crore

Subscription Window: January 29 – January 31

Price Band: ₹382 to ₹402 per share

Allotment Date: February 3

Listing Date: February 5 (BSE and NSE)

GMP Update: Trading at a ₹60 premium, indicating a potential listing price of ₹462 per share (+14.93% over the upper price band).

Malpani Pipes IPO

Issue Size: ₹25.92 crore

Subscription Window: January 29 – January 31

Price Band: ₹85 to ₹90 per share

Shares Offered: Fully fresh issue of 28.80 lakh shares

Allotment Date: February 3

Listing Date: February 5 (BSE SME platform)

GMP Update: Trading at a ₹20 premium, suggesting a potential listing price of ₹110 per share (+22.22% over the upper price band).

Ongoing IPOs

H.M. Electro Mech IPO

Issue Size: ₹27.74 crore

Subscription Window: January 24 – January 28

Price Band: ₹71 to ₹75 per share

Subscription Status:

Retail: 13.84x

Non-Institutional Investors (NII): 4.44x

Qualified Institutional Buyers (QIB): Yet to subscribe

GMP Update: ₹24 premium, indicating an estimated listing price of ₹99 (+32% over the upper price band).

GB Logistics IPO

Issue Size: ₹7.14 crore

Subscription Window: January 24 – January 28

Price Band: ₹95 to ₹102 per share

Subscription Status:

Retail: 6.14x

QIB: 7x

NII: 3.64x

GMP Update: ₹21 premium, indicating a potential listing price of ₹123 (+20.59% over the upper price band).

CLN Energy IPO

Issue Size: ₹72.30 crore

Subscription Window: January 23 – January 27

Price Band: ₹235 to ₹250 per share

Subscription Status:

Retail: 3.74x

QIB: 1.07x

NII: 2.98x

GMP Update: Nil, suggesting listing near the upper price band at ₹250 per share.

Key Allotments This Week

CLN Energy IPO: January 28

GB Logistics & H.M. Electro Mech IPOs: January 29

Denta Water & Rexpro Enterprises NSE SME: January 27

Notable Listings to Watch

CapitalNumbers Infotech: January 21

CLN Energy IPO: January 30 (BSE SME platform)

GB Logistics & H.M. Electro Mech IPOs: January 31

Denta Water & Rexpro Enterprises NSE SME: January 29

The IPO frenzy highlights diverse investment opportunities for the week. Whether you're looking at high-growth sectors like healthcare or exploring SME listings, this week's IPOs and listings could offer significant market insights and returns.