IPOs This Week: Vishal Mega Mart, MobiKwik, and 9 Others Set To Launch

With 11 initial public offerings (IPOs) scheduled to launch across sectors including manufacturing, finance, retail, and health sciences, the primary market is bustling with activity. These initial public offerings which include mainboard and SME listings, demonstrate a high level of investor interest and seek to raise a substantial amount of money.

IPOs Opening This Week

1. Vishal Mega Mart IPO

Vishal Mega Mart will open its IPO on December 11 and close by December 13. With the help of its promoter, Samayat Services LLP, Vishal Mega Mart, which is well-known for its hypermarkets aims to raise Rs 8,000 crore through an offer-for-sale (OFS). There is a range of Rs 74 to Rs 78 for the share price.

2. Sai Life Sciences IPO

Sai Life Sciences, with backing from TPG Capital, is scheduled to launch its IPO on December 11, with the offering closing on December 13. The company aims to raise Rs 3,043 crore, which includes a fresh issue worth Rs 950 crore and an Offer for Sale (OFS) of Rs 2,092.6 crore. The price range for the IPO is Rs 522 to Rs 549 per share.

3. Mobikwik IPO

MobiKwik, the fintech firm, will open its Rs 572 crore IPO on December 11, closing on December 13. This will be a fresh issue, with the price band set between Rs 265 and Rs 279 per share.

4. Inventurus Knowledge Solutions IPO

Healthcare tech firm Inventurus Knowledge Solutions, supported by Rekha Jhunjhunwala, is set to open its IPO on December 12, with the offering closing on December 16. The issue, worth around ₹2,498 crore is an OFS.

5. International Gemmological Institute IPO

The International Gemological Institute, supported by Blackstone, is set to launch its IPO on December 13, with the offering closing on December 17. With Rs 2,750 crore coming from an offer-for-sale (OFS) and Rs 1,475 crore from a new issuance, the IPO seeks to raise Rs 4,225 crore. The shares are priced in the range of Rs 397 to Rs 417 per.

6. Dhanlaxmi Crop Science IPO

The IPO of Dhanlaxmi Crop Science will open on December 9 and close on December 11. This SME offering seeks to raise Rs 23.8 crore, with a price range of Rs 52 to Rs 55 per share.

7. Jungle Camps India IPO

Jungle Camps India, which operates wildlife camps, will launch its IPO on December 10, with the subscription closing on December 12. The company seeks to raise Rs 29.4 crore, with a price range of Rs 68 to Rs 72.

8. Toss The Coin IPO

Toss The Coin, a marketing consulting firm will open its IPO on December 10, closing by December 12. The company aims to raise Rs 9.2 crore, and the price band is between Rs 172-182.

9. Purple United Sales IPO

Fashion brand Purple United Sales will launch its IPO on December 11, with subscriptions closing on December 13. The company plans to raise Rs 32.8 crore, with shares priced between Rs 121 and Rs 126.

10. Supreme Facility Management IPO

Supreme Facility Management, based in Pune, will open its IPO on December 11, closing on December 13. The issue plans to raise Rs 50 crore, and the price range is set between Rs 72 and Rs 76.

11. Yash Highvoltage IPO

Yash Highvoltage, a company that manufactures transformer bushings, is set to open its IPO on December 12, with the offering closing on December 16.

Listings

SM REIT, under Property Share Investment Trust, is scheduled to list its units on the BSE on December 9. On December 11, Nisus Finance Services will begin trading on the BSE SME platform, followed by Emerald Tyre Manufacturers, which will commence trading on the NSE Emerge platform on December 12. These listings mark an exciting time for the Indian stock market.