IPO bonanza: 9 companies eye over Rs 3,500 crore in pre-Christmas fundraising spree
Six mainboard IPOs and three SME listings hit the market, promising action-packed days for investors as 2024 wraps up on a high note
(Image: Company's website, Unsplash, Pixabay)
Mamata Machinery IPO launches December 19
Packaging solutions leader Mamata Machinery gears up for IPO with Rs 179 crore issue.
The Gujarat-based company offers a price band of Rs 230-243, with the entire proceeds going to selling shareholders.
Transrail Lighting IPO: Powering the market debut
Engineering giant Transrail Lighting to raise Rs 400 crore through fresh issue. IPO opens December 19, with proceeds aimed at working capital, capex, and corporate purposes.
Sanathan Textiles IPO
Sanathan Textiles targets Rs 400 crore fresh issue, plus Rs 150 crore OFS. The IPO strengthens its foothold in polyester, cotton, and industrial yarn markets. Subscription to begin on December 19 and close on December 23.
DAM Capital Advisors: A first for boutique investment banks
DAM Capital Advisors makes history with India’s first boutique investment bank IPO.
The Rs 283/share IPO, entirely an OFS, highlights a niche debut in the financial sector. The IPO will open for subscription on December 19.
Ventive Hospitality IPO
Hospitality major Ventive Hospitality is set to launch its IPO on December 20 and will be open till
December 26.
With a luxury-focused portfolio, Ventive aims to expand its premium asset offerings.
Concord Enviro Systems IPO
Water treatment pioneer Concord Enviro Systems to raise Rs 175 crore via IPO. This Mauritus-based company plans on launching its IPO for subscription on December 19.
Proceeds will drive innovation in sustainable wastewater and water treatment systems.
NACDAC Infrastructure IPO
Infrastructure player NACDAC Infrastructure offers IPO at Rs 33-35 per share.
Aimed at retail investors, the IPO provides affordable access to growth-oriented opportunities.
Newmalayalam Steel IPO
The Rs 41.76 crore IPO opens on December 19 with a price band of Rs 85-90 per share. Retail investors require a minimum investment of Rs 1,44,000 to participate.
Identical Brains Studios IPO
The Rs 19.95 crore IPO opens on December 18, with a price band of Rs 51-54 per share. Retail investors need a minimum investment of Rs 1,08,000 to apply.