Upcoming IPOs This Week: Mainboard and SME Highlights

This week brings fresh excitement to the stock market with three initial public offerings (IPOs), including one mainboard and two SME IPOs, alongside eight significant listings. December 2024 has already been a record-breaking month for IPOs, with over ₹26,000 crore raised through 15 mainboard IPOs, according to a Moneycontrol report.

The market opened on a positive note this week, rebounding from last week’s dip caused by the US Federal Reserve’s interest rate outlook.

IPO Highlights for the Week

1. Unimech Aerospace and Manufacturing IPO (Mainboard)

• Opening Date: December 23
• Closing Date: December 26
• Price Band: ₹745-₹785 per share
• Fundraising Target: ₹500 crore
  Unimech Aerospace, an engineering solutions provider, is the only mainboard IPO this week.

2. Solar91 Cleantech IPO (SME)

• Opening Date: December 24
• Closing Date: December 27
• Price Band: ₹185-₹195 per share
• Fundraising Target: ₹106 crore
  Solar91 focuses on clean energy solutions and aims to leverage the growing solar energy market.

3. Anya Polytech & Fertilizers IPO (SME)

• Opening Date: December 26
• Closing Date: December 30
• Price Band: ₹13-₹14 per share
• Fundraising Target: ₹44.8 crore
  Anya Polytech specializes in fertilizers and polymer solutions and is set to launch its SME IPO at the week’s end.

IPO Listings This Week

Mainboard IPO Listings:

• Transrail Lighting
• DAM Capital Advisors
• Mamata Machinery
• Sanathan Textiles
• Concord Enviro Systems
  Listing Date: December 27

SME IPO Listings:

• NACDAC Infrastructure (BSE SME) – December 24
• Identical Brains Studios (NSE Emerge) – December 26
• Newmalayalam Steel (NSE Emerge) – December 27

IPOs Closing This Week

Mainboard IPOs Closing on December 23:

• Transrail Lighting
• DAM Capital Advisors
• Mamata Machinery
• Sanathan Textiles
• Concord Enviro Systems

SME IPOs Closing Dates:

• Newmalayalam Steel – December 23
• Ventive Hospitality – December 24
• Senores Pharmaceuticals – December 24
• Carraro India – December 24

Conclusion

December 2024 has been a stellar month for IPO activity, with robust fundraising and multiple listings. Investors have an exciting week ahead, with diverse offerings across sectors. Stay tuned for updates on these IPOs and their impact on the market.