Next week, India’s primary market will see a significant influx of 18 Initial Public Offerings (IPOs) available for subscription. Of these, four are mainboard IPOs aiming to raise over Rs 850 crore, while 14 belong to the SME segment.
Next week is set to be a hectic period for India’s primary market, with 18 Initial Public Offerings (IPOs) opening for subscription. Of these, four are mainboard IPOs, collectively targeting over Rs 850 crore, while 14 belong to the SME segment, offering investors a wide spectrum of opportunities across sectors. Market participants note that this crowded IPO calendar could test both liquidity and investor appetite, as large and small companies vie for attention simultaneously.
Mainboard IPOs Overview
The four mainboard IPOs include Glottis, Fabtech Technologies, Om Freight Forwarders, and Advance Agrolife. Here’s a detailed breakdown:
Glottis IPO
Total Issue Size: Rs 307 crore (Fresh Issue: Rs 160 crore; Offer for Sale: Rs 147 crore)IPO Open/Close: September 29 – October 1Allotment & Listing: Allotment October 3; Listing October 7 on BSE & NSEPrice Band: Rs 120-129 per shareLot Size: 114 sharesInvestment Minimums: Retail – Rs 14,706; sNII – Rs 2,05,884; bNII – Rs 10,00,008
Glottis’ IPO is a mix of fresh issuance and an offer for sale, providing investors access to both newly issued shares and existing shareholder holdings.
Fabtech Technologies IPO
Fabtech Technologies is focusing on fresh issuance only, and the IPO is being managed by Unistone Capital Pvt. Ltd., with Bigshare Services Pvt. Ltd. as registrar.
Om Freight Forwarders IPO
Om Freight Forwarders’ IPO combines fresh capital infusion and existing shareholder exit, catering to both investors looking for new growth potential and those seeking established operations.
Advance Agrolife IPO
Advance Agrolife is a pure fresh-issue IPO, aimed at raising capital for expansion and growth initiatives. Choice Capital Advisors Pvt. Ltd. is the book running lead manager, with Kfin Technologies Ltd. as registrar.
SME IPOs: 14 Listings Opening Next Week
Alongside the mainboard issues, the SME segment will witness 14 IPOs opening for subscription, catering to sectors ranging from logistics, technology, hospitality, mobility, and manufacturing. These include:
Greenleaf Envirotech (Sept 30 – Oct 6)Shlokka Dyes (Sept 30 – Oct 6)Sunsky Logistics (Sept 30 – Oct 3)Infinity Infoway (Sept 30 – Oct 3)Sheel Biotech (Sept 30 – Oct 3)Zelio E-Mobility (Sept 30 – Oct 3)B.A.G. Convergence (Sept 30 – Oct 3)Valplast Technologies (Sept 30 – Oct 3)Chiraharit (Sept 29 – Oct 3)Dhillon Freight Carrier (Sept 29 – Oct 1)Suba Hotels (Sept 29 – Oct 1)Om Metallogic (Sept 29 – Oct 1)Vijaypd Ceutical (Sept 29 – Oct 1)Sodhani Capital (Sept 29 – Oct 1)
The SME IPOs provide retail investors an opportunity to participate in emerging businesses at relatively lower ticket sizes, but as with all investments, careful research and due diligence are crucial.
What Investors Should Know
With a record number of IPOs opening in a single week, investors may face liquidity constraints and intense competition in subscription. Analysts advise:
This week promises a diverse array of investment options, from established companies raising hundreds of crores on the mainboard to nimble SMEs looking for capital to expand. Proper planning, informed decisions, and timely applications will be critical for investors aiming to participate successfully.
Disclaimer: Views expressed by market experts in this article are their own and do not reflect the opinions of Times Now. Investors are advised to consult qualified brokers or financial advisors before making investment decisions.
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