As the year comes to a close, India's primary market is as busy as ever, with 11 companies planning to raise over Rs 750 crore in the next week. The largest and most anticipated issue is the Gujarat Kidney and Super Speciality IPO, which aims to raise Rs 251 crore.
Key IPO Details
The Gujarat Kidney and Super Speciality IPO will open for subscription on December 22, with a price band set at Rs 114 at the upper end. The company plans to use the funds for inorganic expansion, debt reduction, and strengthening its balance sheet.
SME Segment to Dominate IPOs
Aside from Gujarat Kidney, the SME segment will see around 10 small and medium enterprises raise approximately Rs 420 crore through listings on the BSE SME and NSE SME platforms. These companies include Apollo Techno Industries, Bai Kakaji Polymers, and Admach Systems, among others.
List of SME IPOs
- Apollo Techno Industries
- Bai Kakaji Polymers
- Admach Systems
- Nanta Tech
- Dhara Rail Projects
- Sundrex Oil
- Shyam Dhani Industries
- Dachepalli Publishers
- EPW India
Listing Calendar
About 5 IPOs are scheduled to list next week, including KSH International, which will be the only mainboard listing. The stock currently carries a grey market premium of zero, indicating muted expectations ahead of listing.
Remember, this is a perspective, not a prediction. It's essential to do your own research and consider your own financial goals before investing in any IPO.