The Indian primary market is buzzing with action, and last week’s IPO performance signals the frenzy is far from over. Among the mainboard offerings, Mobikwik IPO stood out, witnessing an overwhelming oversubscription of 119.38 times, while Vishal Mega Mart IPO saw bookings at 27.28 times.
The SME space added its own drama, with Hamps Bio IPO being oversubscribed nearly 11 times on the very first day of subscriptions.
The momentum doesn’t stop here. The coming week promises a lineup of six new IPOs—three mainboard and three SME—alongside 12 new stock market listings from December 16 to December 20.
On the mainboard, Mamata Machinery IPO is set to open on December 19. The ₹179 crore issue is entirely an offer for sale, with no fresh shares on offer. The subscription will close on December 23, and the company expects its shares to list on December 27.
Next up is Transrail Lighting IPO, featuring a ₹400 crore fresh issue and an offer for sale of 1.02 crore shares. Scheduled to open on December 19, this IPO will close on December 23, with listing likely by December 27.
Adding to the mainboard lineup is Ventive Hospitality IPO, a ₹1,600 crore fresh issue opening on December 20. Investors have until December 24 to subscribe, with a debut expected on December 30.
In the SME space, NACDAC Infrastructure IPO, Identical Brains Studios IPO, and Newmalayalam Steel IPO collectively aim to raise over ₹72 crore. These IPOs will open between December 17 and December 19, targeting fresh capital with listing dates stretching into the final week of December.
The upcoming listings include big names like Vishal Mega Mart, Mobikwik, and Sai Life Sciences, alongside several SME debuts. As the IPO momentum grows, market watchers are keeping a close eye on valuations, subscription numbers, and listing day performance.