Upcoming IPOs: Indo Farm Equipment among four public offerings to watch next week

Indo Farm Equipment is set to open its mainboard segment IPO for subscription on December 31. Additionally, Ventive Hospitality, Senores Pharmaceuticals, and Carraro India will debut on the stock exchanges on December 30, while Unimech Aerospace and Manufacturing will list on December 31.

Indo Farm Equipment

The farming equipment manufacturer Indo Farm Equipment will launch its mainboard IPO on December 31, aiming to raise ₹260 crore. The IPO comprises a fresh issue of ₹185 crore and an offer-for-sale of ₹75 crore. The price band for the offer is set between ₹204 and ₹215 per share. The subscription will close on January 2.

Technichem Organics

Technichem Organics, an SME, will open its IPO on December 31, valued at ₹25.25 crore. The price band for this issue is set between ₹52 and ₹55 per share. The IPO will close on January 2, 2025.

Leo Dry Fruits and Spices Trading

Leo Dry Fruits and Spices Trading will launch its ₹25.1 crore IPO on January 1, with the subscription closing on January 3. The price band for the book-built issue is fixed at ₹51-₹52 per share. This IPO will be the first of the new year.

Fabtech Technologies Cleanrooms

Fabtech Technologies Cleanrooms, a pharmaceutical company, plans to offer 32.64 lakh shares in its IPO on January 3. The price band for this 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 beginning 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, indicating strong investor interest. Senores Pharmaceuticals shares are trading at a 60% premium, while Ventive Hospitality shares have a 10% premium. Carraro India shares have not seen any premium activity.