A busy week lies ahead for investors, with five new IPOs (Initial Public Offerings) set to open for subscription, including one mainboard issue and four SME (Small and Medium Enterprises) public issues. These IPOs offer various investment opportunities across sectors and price bands.
Laxmi Dental’s Mainboard IPO
The mainboard IPO of Laxmi Dental will open on January 13, 2025, and remain available for bidding until January 15. The price band for this IPO is set between Rs 407 and Rs 428 per share.
This IPO has a total issue size of Rs 698.1 crore, which includes a fresh issue of Rs 138 crore and an offer for sale (OFS) of Rs 560.1 crore. The allotment for this IPO will be finalized on January 16, and the listing is expected to take place on January 20 on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
Four SME IPOs Set To Launch
In addition to the mainboard IPO, four SME IPOs will also be available for investors in the coming week:
- EMA Partners India Limited
EMA Partners India’s IPO will open for subscription on January 17 and close on January 21. The price band is set between Rs 117 and Rs 124 per share. The IPO includes a fresh issue of Rs 66.14 crore and an offer for sale (OFS) of Rs 9.87 crore. - Land Immigration Consultants Limited
The IPO of Land Immigration Consultants will open on January 16 and close on January 20. Its price band is fixed between Rs 70 and Rs 72 per share. This IPO is a fresh issue aiming to raise Rs 40.32 crore. - Rikhav Securities Limited
Rikhav Securities will launch its IPO on January 15, which will close on January 17. The IPO, with a price band of Rs 82 to Rs 86 per share, has an issue size of Rs 88.82 crore, including both fresh issue and OFS. - Kabra Jewels Limited
Kabra Jewels’ IPO will open on January 15 and close on January 17. The price band for this IPO is set between Rs 121 and Rs 128 per share. The issue size is Rs 40 crore.
Upcoming IPO Listings
Alongside the IPOs opening next week, several companies are also scheduled to list their shares on the stock exchanges. Notably:
- Standard Glass Lining Technology Limited will be listed on January 13.
- Quadrant Future Tek Limited and Capital Infra Trust InvIT are set to be listed on January 14.
- A total of five SME companies will also list their shares between January 13 and January 17, including Indobell Insulation, Avax Apparels and Ornaments, BR Goyal Infrastructure, Delta Autocorp, and Sat Kartar Shopping.
With a mix of both mainboard and SME IPOs, investors further have a range of options to explore in the coming week. Whether considering the larger-scale offering from Laxmi Dental or the SME issues from companies like EMA Partners India and Kabra Jewels, this period promises to be an active one for the stock market. Investors should further keep a close eye on these new opportunities, as the IPO market continues to present fresh avenues for capital growth.
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