Upcoming IPOs: 1 main board, 5 SME public issues to open next week

Last week, the market witnessed the launch of seven initial public offerings (IPOs), featuring prominent entries such as Medi Assist Healthcare and Epack Durables on the mainboard.

Also read: Medi Assist IPO: What GMP signals as listing date fixed on 23rd January

Medi Assist Healthcare’s public offering garnered a robust subscription, reaching 16 times the offered shares by the closing date. The company is now preparing for listing on January 23. Concurrently, the IPO for Epack Durables commenced on January 19, with bidding available until January 23 for interested investors.

From Nova Agritech to Megatherm Induction, here is a complete list of upcoming IPOs next week –

Nova Agritech IPO

Nova AgriTech IPO opens for subscription on January 23, 2024 and closes on January 25, 2024. It is a book built issue of 143.81 crores and is a combination of fresh issue of 2.73 crore shares aggregating to 112 crores and offer for sale of 0.78 crore shares aggregating to 31.81 crores.

The company has set the price band at 39 to 41 per share. The minimum lot size for an application is 365 shares. 

Keynote Financial Services Ltd and Bajaj Capital Limited are the book running lead managers of the Nova AgriTech IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Also read: Nova Agritech IPO announces price band at 39-41 per share; check GMP, issue details, key dates, more

EPACK Durable IPO

EPACK Durable IPO bidding opened for subscription on January 19, 2024 and will close on January 24, 2024. It is a book built issue of 640.05 crores and a combination of fresh issue of 1.74 crore shares aggregating to 400 crores and offer for sale of 1.04 crore shares aggregating to 240 crores.

IPO price band is set at 218 to 230 per share. The minimum lot size for an application is 65 shares.

Axis Capital Limited, Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) and ICICI Securities Limited are the book running lead managers of the EPACK Durable IPO, while Kfin Technologies Limited is the registrar for the issue.

Also read: EPACK Durable IPO opens today: 10 key risks from RHP to consider before subscribing to the IPO

Brisk Technovision IPO

Brisk Technovision IPO opens for subscription on January 23, 2024 and closes on January 25, 2024. The IPO is a fixed price issue of 12.48 crores and comprises of fresh issue of 0.00 crore and offer for sale of 8 lakh shares.

Brisk Technovision IPO price is 156 per share. The minimum lot size for an application is 800 shares.

Sun Capital Advisory Services (P) Ltd is the book running lead manager of the Brisk Technovision IPO, while Kfin Technologies Limited is the registrar for the issue. The market maker for Brisk Technovision IPO is Nnm Securities.

Fonebox Retail IPO

Fonebook IPO opens for subscription on January 24, 2024 and closes on January 29, 2024. It is a book built issue of 20.37 crores and is entirely a fresh issue of 29.1 lakh shares.

Fonebook IPO price band is set at 66 to 70 per share. The minimum lot size for an application is 2000 shares.

Beeline Capital Advisors Pvt Ltd is the book running lead manager of the Fonebook IPO, while Kfin Technologies Limited is the registrar for the issue. The market maker for Fonebook IPO is Spread X Securities.

Also read: FoneBox Retail IPO: Price band set at 66-70 per share; check GMP, issue details, key dates

DelaPlex Limited IPO

DelaPlex IPO opens for subscription on January 24, 2024 and closes on January 29, 2024. It is a book built issue of 46.08 crores and is a combination of fresh issue of 18 lakh shares aggregating to 34.56 crores and offer for sale of 6 lakh shares aggregating to 11.52 crores.

The IPO price band is set at 186 to 192 per share. The minimum lot size for an application is 600 shares.

Shreni Shares Limited is the book running lead manager of the DelaPlex IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for DelaPlex IPO is Shreni Shares.

Also read: delaPlex IPO price band set at 186-192 per share; check GMP, issue details, key dates, more

Megatherm Induction IPO

Megatherm Induction IPO opens for subscription on January 25, 2024 and closes on January 30, 2024. The public offer is a book built issue of 53.91 crores and is entirely a fresh issue of 49.92 lakh shares.

Megatherm Induction IPO price band is set at 100 to 108 per share. The minimum lot size for an application is 1200 shares.

Hem Securities Limited is the book running lead manager of the Megatherm Induction IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Also read: Megatherm Induction IPO: Price band set at 100-108 per share; check GMP, issue details, key dates, more

Harshdeep Hortico Limited IPO

Harshdeep Hortico IPO opens for subscription on January 25, 2024 and closes on January 30, 2024. The IPO is a book built issue of 19.09 crores and is entirely a fresh issue of 42.42 lakh shares.

Harshdeep Hortico IPO price band is set at 42 to 45 per share. The minimum lot size for an application is 3000 shares.

Hem Securities Limited is the book running lead manager of the Harshdeep Hortico IPO, while Link Intime India Private Ltd is the registrar for the issue. The market maker for Harshdeep Hortico IPO is Hem Finlease.

Other than the above six issues, Qualitek Labs Limited IPO, Euphoria Infotech India Limited IPO, Konstelec Engineers Limited IPO and Addictive Learning Technology Limited IPO will also remain open for subscription.

New Listings –

Maxposure Limited IPO: The allotment for Maxposure IPO was finalized on Thursday, January 18, 2024. The IPO will be listed on NSE SME on January 23, 2024.

Also read: Medi Assist Healthcare IPO allotment finalised; Latest GMP, steps to check Medi Assist IPO allotment status

Medi Assist Healthcare Services IPO: The allotment for Medi Assist Healthcare IPO was finalized on Thursday, January 18, 2024. The IPO will be listed on BSE, NSE on January 23, 2024.

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Published: 21 Jan 2024, 09:54 AM IST