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13 public issues worth Rs 14,700 cr hit Dalal Street

13 Public Issues Worth Rs 14,700 Cr Hit Dalal Street This Week

The primary market is heating up this week as 13 public issues worth Rs 14,700 crore are set to hit Dalal Street, alongside 11 new companies preparing for their stock market debut. Investors and market watchers are keeping a close eye on this wave of initial public offerings (IPOs), which is expected to create substantial trading activity.

Mainboard IPO Highlights

Among the major IPOs, Bengaluru-based home and furnishings firm Wakefit Innovations and pharmaceutical company Corona Remedies are leading the charge. Both will open subscriptions on December 8, with Wakefit’s price band set at Rs 185-195 per share and Corona Remedies at Rs 1,008-1,062 per share. Wakefit aims to raise Rs 1,289 crore, while Corona Remedies targets Rs 655.4 crore at the upper price band.

Following them, Nephrocare Health Services and Park Medi World are set to launch their IPOs on December 10. Nephroplus, Asia’s largest dialysis provider, seeks to raise Rs 871 crore, while Park Medi World, a prominent North Indian hospital chain, plans to mobilize Rs 920 crore.

The week’s largest mainboard IPO will be ICICI Prudential AMC, with a pure offer-for-sale (OFS) raising Rs 10,603 crore at a price band of Rs 2,061-2,165 per share. This marks a significant capital mobilization and is expected to be closely watched by institutional investors.

SME Segment IPOs

The small and medium enterprises (SME) segment is also seeing action, with eight maiden public issues worth Rs 367 crore opening for subscription. On December 8, K V Toys India, Prodocs Solutions, and Riddhi Display Equipments will kick off subscriptions, followed by Unisem Agritech and Shipwaves Online on December 10.

Further, Pajson Agro India and HRS Aluglaze will open their IPOs on December 11, with Ashwini Container Movers completing the current IPO schedule on December 12.

Meanwhile, five IPOs that opened last week—Luxury Time, Western Overseas Study Abroad, Methodhub Software, Encompass Design India, and Flywings Simulator Training Centre—are set to close this week, giving investors a limited window to participate.

Upcoming Listings on the Stock Exchanges

Alongside the IPO activity, 11 new companies are slated for trading debut this week. From the mainboard segment, Meesho, Aequs, and Vidya Wires will be listed on December 10 after strong subscription responses.

In the SME segment, Luxury Time and Western Overseas Study Abroad will debut on the BSE SME on December 11, followed by Methodhub Software on December 12. Encompass Design India and Flywings Simulator Training Centre will also list on the NSE on December 12, marking a busy week for new entrants on Dalal Street.

Why Investors Should Watch This Week?

This week’s IPO rush presents multiple opportunities for retail and institutional investors alike. With large-cap OFS like ICICI Prudential AMC and high-growth SMEs entering the market, participants have diverse options to diversify portfolios. The combined market debut of 11 companies further adds liquidity and potential price movement, making this week crucial for market watchers.

Conclusion

With 13 public issues worth Rs 14,700 crore hitting Dalal Street and 11 companies debuting on stock exchanges, this week marks one of the busiest in recent times for India’s primary market. Investors should closely track subscription trends, price bands, and listing performance to make informed decisions. The surge in IPOs also reflects growing confidence in India’s capital markets, providing a mix of established firms and emerging players for investment consideration.

About Author

Bhumish Sheth

Bhumish Sheth is a writer for Qrius.com. He brings clarity and insight to topics in Technology, Culture, Science & Automobiles. His articles make complex ideas easy to understand. He focuses on practical insights readers can use in their daily lives.

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