Vishal Mega Mart, Mobikwik, IKS Health among 5 IPOs to raise a total of Rs 18,340 cr this week
As many as five main board issues will open for bidding this week (second week of December), raising a total of Rs 18,340 crore from the investors.
- Dec 9, 2024,
- Updated Dec 9, 2024 1:10 PM IST
The second week of December is set to be a busy one for primary market participants thanks to a strong pipeline of initial public offering (IPOs) opening this week. As many as five main board issues will open for bidding later this week, raising a total of Rs 18,340 crore from the investors, after a mixed response for the primary issues in the last two months.
Companies from various sectors including retail, healthcare services, pharmaceuticals, fintech and jewellery segment will launch their IPOs this week, with as many as three issues opening on Wednesday, December 11. However, two issues will conclude for bidding next week. Here are the details for all five mainboard IPOs this week:
Last issue for this week shall be International Gemmological Institute, which will open for bidding on Friday, December 13 and can be bid until Tuesday, December 17. The company is looking to raise a total of Rs 4,225 crore which includes a fresh share sale of Rs 1,475 crore and OFS of up to 2,750 crore by its promoter. Price band for the issue has been fixed at Rs 397-417 apiece, with a lot size of 35 equity shares and its multiples thereafter.
The second week of December is set to be a busy one for primary market participants thanks to a strong pipeline of initial public offering (IPOs) opening this week. As many as five main board issues will open for bidding later this week, raising a total of Rs 18,340 crore from the investors, after a mixed response for the primary issues in the last two months.
Companies from various sectors including retail, healthcare services, pharmaceuticals, fintech and jewellery segment will launch their IPOs this week, with as many as three issues opening on Wednesday, December 11. However, two issues will conclude for bidding next week. Here are the details for all five mainboard IPOs this week:
Last issue for this week shall be International Gemmological Institute, which will open for bidding on Friday, December 13 and can be bid until Tuesday, December 17. The company is looking to raise a total of Rs 4,225 crore which includes a fresh share sale of Rs 1,475 crore and OFS of up to 2,750 crore by its promoter. Price band for the issue has been fixed at Rs 397-417 apiece, with a lot size of 35 equity shares and its multiples thereafter.