The IPO is likely to comprise a mix of new share issuance and secondary sales by existing investors, and could come as early as next year
In the mainboard segment, all three IPOs - Meesho, Aequs, and Vidya Wires - will have same schedule, opening for subscription on December 3 and closing on December 5.
Wakefit Innovations IPO | The Bengaluru-based company aims to raise Rs 377.1 crore via issue of fresh shares, while existing shareholders including promoters will be selling up to 4.67 crore equity shares via offer-for-sale.
Meesho, founded in 2015 by Vidit Aatrey and Sanjeev Kumar, got a real growth burst during the Covid pandemic when millions of Indians began to shop online.
Mumbai-based K K Silk Mills is raising Rs 28.5 crore via initial share sale of 75 lakh shares, consisting entirely fresh issue component.
Prism has sought sweeping shareholder approvals to restructure its capital, overhaul its governance framework and authorise a large fresh issue, signalling its most serious push yet to revive Oyo’s long-delayed listing plans.
MV Electrosystems IPO | The initial share sale comprises of entirely fresh issue with no offer-for-sale component.
Aequs shares are scheduled to be listed on December 10, with allotment expected on December 8.
RBI will decide on interest rates. At least three new IPOs will open for subscription.
Meesho IPO share allotment is expected on December 8, and the stock is slated to list on December 10.
Meesho’s strengthening fundamentals, its dominant position in low-AOV online retail, and the long runway for value-driven e-commerce in India make the IPO suitable for investors willing to take a medium-term view, says FundsIndia.
The allotments will likely be finalised by December 8, and the shares are scheduled to debut on stock exchanges BSE and NSE on December 10.
Sudeep Pharma shares made a strong stock market debut on both the NSE and BSE, outperforming grey market expectations.
Meesho's initial public offering will raise Rs 5,421.05 crore at the top of the price range, comprising a fresh issue of Rs 4,250 crore, and an offer for sale (OFS) which has been trimmed down to around Rs 1,172 crore.
Meesho IPO at nearly Rs 50,000 crore valuation hands 1,000x–10,000x gains to founders and early investors like Elevation, Peak XV and YC Continuity Fund.
Vidya Wires IPO | The company aims to raise Rs 274 crore by issuing fresh shares, while promoters will be selling 50.01 lakh shares worth Rs 26 crore via offer-for-sale.
India’s IPO market is powering through 2025 with record fundraising, strong promoter and investor exits, and a packed pipeline of upcoming issues.
Meesho IPO | The company aims to raise Rs 4,250 crore via fresh issue, while public shareholders will be offloading 10.55 crore equity shares via offer-for-sale.
Aequs IPO | The company is valued at over Rs 8,300 crore at the potential offer price of Rs 123.97 per share.
Clear Secured Services IPO | The public issue, which comprises of entirely fresh issue of 64.85 lakh shares with no offer-for-sale component, will open for public subscription on December 1.
Mother Nutri Foods IPO | The company approached capital markets to raise Rs 39.6 crore via IPO of 33.84 lakh shares which is a mix of fresh issue of 27.07 lakh shares and an offer-for-sale of 6.76 lakh shares via promoter Umeshbhai Kantilal Sheth.
Invicta Diagnostic IPO | The diagnostic chain is raising Rs 28.12 crore via initial public offering (IPO) of 33.08 lakh shares at the upper price band. It is entirely fresh issue with no offer-for-sale component.
Sudeep Pharma IPO GMP: The Rs 895-crore IPO closed for public bidding yesterday, after being subscribed nearly 94 times its offer size.
Gallard Steel share price: The strong listing premium is higher than the 42% GMP with which unlisted shares were trading in the grey market, ahead of listing.
Excelsoft Tech share price: The listing premium has significantly beaten grey market estimates.