The year 2025 is slated to be a blockbuster one for the primary market. As many as 11 public issues have opened for subscription In the first week of the new calendar year itself.
The momentum seen in the first seven days of 2025 is set to continue today as the primary market witnesses a lot of action on January 8 as Indobell Insulation IPO and Standard Glass Lining Technology IPO will close for subscription and the share allotment status of Fabtech Technologies Cleanrooms IPO will be finalised today. Here’s a look at the key primary market activity scheduled to happen today:
1. Leo Dry Fruits and Spices Trading Ltd IPO Listing
Leo Dry Fruits and Spices Trading Ltd. shares made a strong debut on the BSE SME platform on January 8. Leo Dry Fruits and Spices Trading shares listed on the BSE at Rs. 68 apiece, up by 30 per cent compared to the issue price of Rs. 52 apiece.
Retail investors who were allotted at least one lot or 2000 shares would have made a profit of Rs. 32,000 (Rs. 68 - Rs. 52 x 2000) after the stock started trading. As many as 21.18 lakh shares of the company changed hands on the BSE after the stock began to trade.
Leo Dry Fruits and Spices Trading IPO was worth Rs. 25.12 crore and consisted of a fresh issuance of 48.3 lakh shares. The price band for the public issue was set at Rs. 51 to Rs. 52 per share. Leo Dry Fruits and Spices Trading IPO was booked 169.08 times during the three-day subscription window. The SME issue was booked 154.5 times by retail investors, 292.24 times by Non-Institutional Investors (NII) and 68.06 times by Qualified Institutional Buyers (QIBs).
Leo Dryfruits & Spices Trading Limited was incorporated in November 2019. The company is a manufacturer of a variety of spices and is also engaged in trading dry fruits under the brand VANDU. The company also sells frozen and semi-fried products under the brand name ‘FRYD’.
2. Indobell Insulation Ltd. IPO Day 3
Indobell Insulation IPO (Indobell Insulation Ltd IPO) subscription window is scheduled to close today on January 8. The SME issue is witnessing strong demand on the final day of bidding and has been booked over 25.13 times so far according to BSE data.
Investors placed bids for over 5.26 crore shares of Indobell Insulation compared to the 20.94 lakh shares offered for subscription, leading to the issue being booked 25.13 times at 02:54 pm on Wednesday. Indobell Insulation IPO was subscribed 25.79 times in the retail category, and the Non-Institutional Investors (NII) quota was subscribed 19.88 times at 02:54 pm.
Indobell Insulation aims to raise Rs. 10.14 crore via its public issue which consists of a fresh issuance of 22.05 lakh shares. Indobell Insulation IPO price was fixed at Rs. 46 per share. The minimum lot size for the retail category was fixed at 3000 shares, which aggregated to an investment of Rs. 1,38,000.
Indobell Insulation IPO opened for subscription on January 6 and is scheduled to close today January 8. Indobell Insulation IPO share allotment status is likely to be finalised on January 9. Shares of Indobell Insulation will be listed on the BSE SME platform on January 13.
Indobell Insulation IPO was incorporated in May 1972. The company manufactures insulation products like nodulated and granulated wool and prefabricated thermal insulation jackets. The products made by the company are used for residential, commercial, and industrial applications.
3. Standard Glass Lining Technology Ltd. IPO Day 3
The Standard Glass Lining IPO (Standard Glass Lining Technology Ltd IPO) subscription window is scheduled to close today January 8. The mainboard issue is witnessing stellar demand on the final day of bidding and has been subscribed 163.06 times as of 3:05 PM according to NSE data.
Standard Glass Lining IPO was subscribed 58.04 times in the retail category, Non-Institutional Investors (NII) quota was subscribed 249.54 times and the QIB quota was booked 286.63 times as of 3:05 PM.
Standard Glass Lining IPO is worth Rs. 410.05 crore. The public issue consists of a fresh issuance of 1.5 crore shares amounting to Rs. 210.00 crore and an offer-for-sale of 1.43 crore shares aggregating to Rs. 200.05 crore.
Standard Glass Lining IPO price band was fixed at Rs. 133 to Rs. 140 per share. The minimum lot size for the retail category was fixed at 107 shares, which aggregated to an investment of Rs. 14,980.
The bidding window for Standard Glass Lining IPO opened on January 6 and is scheduled to close on January 6. Standard Glass Lining IPO share allotment status is likely to be finalised on January 9. Shares of Standard Glass Lining will be listed on the NSE and BSE on January 13.
Standard Glass Lining Technology Ltd was incorporated in September 2012. The company manufactures engineering equipment for the pharmaceutical and chemical sectors in India. The company’s product portfolio comprises Reaction Systems, Storage and Separation and Drying Systems. The company also provides services related to plant engineering.
4. Fabtech Technologies Cleanrooms Ltd. IPO Allotment
The share allotment status of Fabtech Technologies Cleanrooms IPO is expected to be finalised today. The bidding window for the public issue was open from January 3 to January 7. Investors can check the share allotment status of the public issue on the BSE website and the website of the registrar Maashitla Securities Private Ltd. Shares of the company will be listed on the BSE SME platform. The tentative listing date for the issue is January 10.
Fabtech Technologies IPO is worth Rs. 27.74 crore and consists of an entirely fresh issue of 32.64 lakh shares. Fabtech Technologies IPO price band was fixed at Rs. 80 to Rs. 85 per share. The minimum lot size for retail investors was fixed at 1600 shares which aggregated to a minimum investment amount of Rs. 1,36,000.
