Upcoming IPOs: 10 companies to raise Rs 20,000 cr in December

Upcoming IPOs: 10 companies to raise Rs 20,000 cr in December

Paras Bisht | November 27, 2024

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Primary market is expected to remain vibrant in December with at least 10 companies expected to raise a combined Rs 20,000 crore in the next month. Here’s a quick list

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Image: Canva

The company is looking to float Rs 8,000-crore IPO, which will be entirely an offer-for-sale (OFS) of shares by promoter Samayat Services LLP, with no fresh issue of equity shares.

Vishal Mega Mart

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Image: Canva

Aims to raise Rs 4,000 crore through an IPO.

Gemmological Institute

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Image: Canva

Aims to launch Rs 3,500 crore IPO. This comprises a fresh issue of equity shares of up to Rs 1,000 crore and OFS of up to Rs 2,500 crore by the selling shareholders.

Avanse Financial Services

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Image: Canva

Kolkata-based diagnostic services provider Suraksha Diagnostic has fixed price band at Rs 420-441 per share for its Rs 846-crore initial share sale.

Suraksha Diagnostic

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Image: Canva

Mamata Machinery is one of leading manufacturers and exporters of plastic bag/pouch making machines globally.

Mamata Machinery

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Image: Canva

Transrail Lighting had filed preliminary papers with the Securities and Exchange Board of India in March this year to raise funds through an initial public offering (IPO).

Transrail Lighting

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Image: Canva

The IPO consists of a fresh issue of Rs 800 crore and an offer for sale of upto 61.57 million shares by its existing shareholders and promoters, showed the DRHP.

TPG Capital-backed Sai Life Sciences

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Image: Canva

North India focused healthcare services company Paras Hospitals is looking to raise fresh capital to fund its expansion.

Paras Healthcare

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Image: Canva

IPO would be India’s first mainboard listing by a pure-play boutique investment bank.

Investment bank DAM Capital Advisors

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Image: Canva

Rajasthan-based toughened glass producer Agarwal Toughened Glass has fixed a price band of Rs 105-108 per share for the maiden share sale.

Agarwal Toughened Glass India

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Image: Canva

Moneycontrol advises users to check with certified experts before taking any investment decisions.

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