The upcoming week is poised to witness significant activity in the primary market, with six new issues slated to make their debut on Dalal Street. These include one mainboard IPO and five small-medium enterprise IPOs.
In the previous week, the market experienced the introduction of seven initial public offerings, featuring notable entries such as Medi Assist Healthcare and Epack Durables on the mainboard.
The public offering of Medi Assist Healthcare saw strong subscription, reaching 16 times the offered shares by the closing date, and is scheduled for listing on January 23. Simultaneously, the IPO for Epack Durables, which started on January 19, will continue until January 23 for interested investors.
Here is a comprehensive list of the upcoming IPOs for the next week
1. Nova Agritech IPO
| Details | Information |
|---|---|
| Subscription | January 23-25, 2024 |
| Issue Size | ₹143.81 crores |
| Price Band | ₹39 to ₹41 per share |
| Lot Size | 365 shares |
Opens for subscription on January 23, 2024, and closes on January 25, 2024.
Book built issue of ₹143.81 crores, comprising a fresh issue of 2.73 crore shares aggregating to ₹112 crores and an offer for sale of 0.78 crore shares aggregating to ₹31.81 crores, Price band set at ₹39 to ₹41 per share, Minimum lot size for an application is 365 shares, Book Running Lead Managers: Keynote Financial Services Ltd and Bajaj Capital Limited; Registrar: Bigshare Services Pvt Ltd.
2. EPACK Durable IPO
| Details | Information |
|---|---|
| Subscription | January 19-24, 2024 |
| Issue Size | ₹640.05 crores |
| Price Band | ₹218 to ₹230 per share |
| Lot Size | 65 shares |
Bidding opened for subscription on January 19, 2024, and will close on January 24, 2024
Book built issue of ₹640.05 crores, consisting of a fresh issue of 1.74 crore shares aggregating to ₹400 crores and an offer for sale of 1.04 crore shares aggregating to ₹240 crores, IPO price band set at ₹218 to ₹230 per share, Minimum lot size of Ipo for an application is 65 shares, Book Running Lead Managers: Axis Capital Limited, Dam Capital Advisors Ltd, ICICI Securities Limited; Registrar: Kfin Technologies Limited.
3. Brisk Technovision IPO
| Details | Information |
|---|---|
| Subscription | January 23-25, 2024 |
| Issue Size | ₹12.48 crores |
| Price | ₹156 per share |
| Lot Size | 800 shares |
Opens for subscription on January 23, 2024, and closes on January 25, 2024.
Fixed price issue of ₹12.48 crores, comprising a fresh issue of ₹0.00 crore and an offer for sale of 8 lakh shares, IPO price is ₹156 per share, Minimum lot size for an application is 800 shares, Book Running Lead Manager: Sun Capital Advisory Services (P) Ltd; Registrar: Kfin Technologies Limited; Market Maker: Nnm Securities.
4. Fonebox Retail IPO
| Details | Information |
|---|---|
| Subscription | January 24-29, 2024 |
| Issue Size | ₹20.37 crores |
| Price Band | ₹66 to ₹70 per share |
| Lot Size | 2000 shares |
Opens for subscription on January 24, 2024, and closes will be on January 29, 2024.
Book built issue of ₹20.37 crores, entirely a fresh issue of 29.1 lakh shares, IPO price band set at ₹66 to ₹70 per share, Minimum lot size for an application is 2000 shares, Book Running Lead Manager: Beeline Capital Advisors Pvt Ltd; Registrar: Kfin Technologies Limited; Market Maker: Spread X Securities.
5. DelaPlex Limited IPO
| Details | Information |
|---|---|
| Subscription | January 24-29, 2024 |
| Issue Size | ₹46.08 crores |
| Price Band | ₹186 to ₹192 per share |
| Lot Size | 600 shares |
Opens for subscription on January 24, 2024, and close will be on January 29, 2024.
Book built issue of ₹46.08 crores, comprising a fresh issue of 18 lakh shares aggregating to ₹34.56 crores and an offer for sale of 6 lakh shares aggregating to ₹11.52 crores, IPO price band set at ₹186 to ₹192 per share, Minimum lot size for an application is 600 shares, Book Running Lead Manager: Shreni Shares Limited; Registrar: Bigshare Services Pvt Ltd; Market Maker: Shreni Shares.
6. Megatherm Induction IPO
| Details | Information |
|---|---|
| Subscription | January 25-30, 2024 |
| Issue Size | ₹53.91 crores |
| Price Band | ₹100 to ₹108 per share |
| Lot Size | 1200 shares |
Opens for subscription on January 25, 2024, and closes will be on January 30, 2024.
Book built issue of ₹53.91 crores, entirely a fresh issue of 49.92 lakh shares, IPO price band set at ₹100 to ₹108 per share, Minimum lot size for an application is 1200 shares, Book Running Lead Manager: Hem Securities Limited; Registrar: Bigshare Services Pvt Ltd
7. Harshdeep Hortico IPO
| Details | Information |
|---|---|
| Subscription | January 25-30, 2024 |
| Issue Size | ₹19.09 crores |
| Price Band | ₹42 to ₹45 per share |
| Lot Size | 3000 shares |
Opens for subscription on January 25, 2024, and closes will be on January 30, 2024.
Book built issue of ₹19.09 crores, entirely a fresh issue of 42.42 lakh shares, IPO price band set at ₹42 to ₹45 per share, Minimum lot size for an application is 3000 shares.
Each IPO has its own set of lead managers and registrars, facilitating the process. Additionally, several other IPOs will also be open for subscription during the same period, including Qualitek Labs Limited IPO, Euphoria Infotech India Limited IPO, Konstelec Engineers Limited IPO, and Addictive Learning Technology Limited IPO.
