This week, subscriptions for the mainboard segment's Ajax Engineering IPO, Hexaware Technologies IPO, and Quality Power IPO will open. Over the course of the following five days, six new offerings in the SME market will go up for bid.
Nine new initial public offerings (IPOs) are scheduled to go live for subscriptions next week, marking the main market's return to activity. In the coming week, the market will see six new listings in addition to fresh public issues.This week, subscriptions for the mainboard segment's Ajax Engineering IPO, Hexaware Technologies IPO, and Quality Power IPO will open. Over the course of the following five days, six new offerings in the SME market will go up for bid.
Initial public offerings (IPOs) broke all previous records in 2024, and 2025 is predicted to be even more spectacular. For both domestic and foreign businesses, India has become one of the world's leading IPO hubs. The stock market is expected to gain three times as much velocity in the next two years as it has in the previous five. In the past five years, there have been 851 initial public offerings (IPOs), and projections indicate that over 1,000 IPOs will occur during the following two years. As India's market capitalization has surpassed US$5 trillion, placing it fourth globally after the US, China (including Hong Kong), and Japan, market confidence is still growing, according to Mr. Mahavir Lunawat, Group Founder & Managing Director, Pantomath Financial Services Group.
The following list of initial public offerings (IPOs) will still be available for subscriptions next week: Ajax Engineering IPO
Subscriptions for the Ajax Engineering IPO will go live on February 10 and end on February 12. All 2.02 crore shares are up for sale in the IPO, which is a book-built issuance of ₹1,269.35 crore.
A price range of ₹599 to ₹629 per share has been established for the forthcoming initial public offering. The book running lead managers of the Ajax Engineering IPO are ICICI Securities Limited, Citigroup Global Markets India Private Limited, Jm Financial Limited, Nuvama Wealth Management Limited, and SBI Capital Markets Limited. The issue's registrar is Link Intime India Private Ltd.
IPO of Hexaware Technologies
Subscriptions for Hexaware Technologies' initial public offering (IPO) will commence on February 12 and finish on February 14. The IPO is a ₹8,750 crore book built issuance that is only an offer to sell 12.36 crore shares.
The pricing range for Hexaware Technologies' IPO is ₹674 to ₹708 per share. The Hexaware Technologies IPO's book running lead managers are Kotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited, J.P. Morgan India Private Limited, Hsbc Securities & Capital Markets Pvt Ltd, and Iifl Securities Ltd. Kfin Technologies Limited is the issue's registrar.
Quality Power's first public offering
Subscriptions for the Quality Power IPO will go live on February 14 and end on February 18. It is a book-built issue that includes a 1.49 crore share offer for sale and a new ₹225 crore issuance.
The company has not yet announced the price range. The Quality Power IPO's book running lead manager is Pantomath Capital Advisors Pvt Ltd, and the issue's registrar is Link Intime India Private Ltd.
IPO of Chandan Healthcare
Subscriptions for the Chandan Healthcare IPO will go live on February 10 and end on February 12. The SME IPO is a ₹107.36 crore book-built issuance. The new issuance of 44.52 lakh shares, totaling ₹70.79 crores, and the sale of 23.00 lakh shares, totaling ₹36.57 crore, are combined to form the issue.
A price range of ₹151 to ₹159 per share has been established for the SME IPO. The Chandan Healthcare IPO's book running lead manager is Unistone Capital Pvt Ltd, while the issue's registrar is Kfin Technologies Limited. For the Chandan Healthcare IPO, R.K. Stock Holding Private Limited is the market maker.
IPO of PS Raj Steels
The subscription period for PS Raj Steels' IPO will begin on February 12 and end on February 14. The IPO is a brand-new offering of 20.20 lakh shares with a book built issue of ₹28.28 crore.
A price range of ₹132 to ₹140 per share has been set for the forthcoming SME IPO. Bigshare Services Pvt Ltd is the issue's registrar, while Khambatta Securities Limited is the book running lead manager for the PS Raj Steels IPO. Nikunj Stock Brokers Limited is the market maker for PS Raj Steels' first public offering.
IPO of Voler Car
Subscriptions for the Voler Car IPO will be accepted from February 12 to February 14. The SME IPO is a completely new offering of 30 lakh shares with a book built issue of ₹27 crore.
The pricing range for the Voler Car IPO is ₹85 to ₹90 per share. The Voler Car IPO's book running lead manager is GYR Capital Advisors Private Limited, while the issue's registrar is Kfin Technologies Limited.Wiinance Financial Services Private Limited is the market maker for the Voler Car initial public offering.
IPO of Maxvolt Energy
The subscription period for Maxvolt Energy's initial public offering (IPO) will begin on February 12 and end on February 14. In addition to a fresh issue of 24 lakh shares totaling ₹43.20 crore and an offer for sale of 6 lakh shares totaling ₹10.80 crore, the SME IPO is a book built issue of ₹54 crore.
The price range for Maxvolt Energy's IPO is ₹171 to ₹180 per share. The Maxvolt Energy IPO's book running lead manager is Smart Horizon Capital Advisors Private Limited, while the issue's registrar is Bigshare Services Pvt Ltd. The market maker for Maxvolt Energy IPO is Rikhav Securities Limited.
IPO of L.K. Mehta Polymers
Subscriptions for L.K. Mehta Polymers' initial public offering (IPO) will commence on February 13 and end on February 17. The SME IPO is a fixed price issue of ₹7.38 crore. 10.40 lakh shares are being offered in a completely new issuance.
The IPO price of L.K. Mehta Polymers is ₹71 per share. Bigshare Services Pvt Ltd is the issue's registrar, while Swastika Investmart Ltd is the book running lead manager for the L.K. Mehta Polymers IPO.
IPO of Shanmuga Hospital
Subscriptions for Shanmuga Hospital's initial public offering (IPO) will commence on February 13 and end on February 17. The IPO is a new offering of 38.18 lakh shares with a fixed price of ₹20.62 crore.
The price per share for the SME IPO is ₹54. The Shanmuga Hospital IPO's book running lead manager is Finshore Management Services Limited, while the issue's registrar is Integrated Registry Management Services Private Limited.Black Fox Financial Private Limited is the market maker for the Shanmuga Hospital initial public offering.
New Listings-
Chamunda Electricals IPO: On Friday, February 7, the allocation for Chamunda Electricals IPO was completed. The tentative listing date for the IPO is set on Tuesday, February 11 on the NSE SME.
Ken Enterprises IPO: On Monday, February 10, the allocation for the Ken Enterprises IPO is anticipated to be finalized. The tentative listing date for the IPO is set on Wednesday, February 12 on the NSE SME.
Amwill Healthcare IPO: On Monday, February 10, the allocation for the Amwill Healthcare IPO is anticipated to be finalized. With a provisional listing date set for Wednesday, February 12, the IPO will be listed on BSE SME.
Solarium Green IPO: On Tuesday, February 11, the allocation for the Solarium Green IPO is anticipated to be finalized. The initial public offering (IPO) is scheduled to list on the BSE SME on Thursday, February 13.
Readymix Construction IPO: On Tuesday, February 11, the allocation for the Readymix Construction IPO is anticipated to be finalized. The tentative listing date for the IPO is set on Thursday, February 13 on the NSE SME.
Eleganz Interiors IPO: On Wednesday, February 12, the allocation for the Eleganz Interiors IPO is anticipated to be finalized. The tentative listing date for the IPO is set on Friday, February 14 on the NSE SME.
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