Upcoming and Ongoing IPO in India: December 2024 Overview

The Indian IPO market continues to witness significant activity, with several public offerings across sectors. Here’s a detailed breakdown of upcoming, ongoing, and recently closed IPOs to help investors stay updated.

Upcoming IPO in India

1. Solar91 Cleantech Ltd IPO

• Open Date: December 24, 2024
• Close Date: December 27, 2024
• Price Band: ₹185 – ₹195 per share
• Issue Size: ₹106.00 crore
• Allotment Date: December 30, 2024

2. Anya Polytech & Fertilizers Ltd IPO

• Open Date: December 26, 2024
• Close Date: December 30, 2024
• Price Band: ₹13 – ₹14 per share
• Lot Size: 10,000 shares
• Issue Size: ₹44.80 crore
• Allotment Date: January 1, 2025

Ongoing IPOs

1. Transrail Lighting Ltd IPO

• Open Date: December 19, 2024
• Close Date: December 23, 2024
• Price Band: ₹410 – ₹432 per share
• Issue Size: ₹838.91 crore
• Subscription Status: 5.31x
  • QIB: 1.38x
  • Retail: 6.9x
  • NII: 7.23x

2. Concord Enviro Systems Ltd IPO

• Open Date: December 19, 2024
• Close Date: December 23, 2024
• Price Band: ₹665 – ₹701 per share
• Issue Size: ₹500.33 crore
• Subscription Status: 1.24x
  • QIB: 0.01x
  • Retail: 2.01x

3. DAM Capital Advisors Ltd IPO

• Open Date: December 19, 2024
• Close Date: December 23, 2024
• Price Band: ₹269 – ₹283 per share
• Issue Size: ₹840.25 crore
• Subscription Status: 6.98x
  • QIB: 0.07x
  • Retail: 8.96x

4. Mamata Machinery IPO

• Open Date: December 19, 2024
• Close Date: December 23, 2024
• Price Band: ₹230 – ₹243 per share
• Issue Size: ₹179.39 crore
• Subscription Status: 37.75x
  • QIB: 4.74x
  • Retail: 51.03x

5. Sanathan Textiles IPO

• Open Date: December 19, 2024
• Close Date: December 23, 2024
• Price Band: ₹305 – ₹321 per share
• Issue Size: ₹550 crore
• Subscription Status: 1.43x

6. Senores Pharmaceuticals Ltd IPO

• Open Date: December 20, 2024
• Close Date: December 24, 2024
• Price Band: ₹372 – ₹391 per share
• Issue Size: ₹582.11 crore
• Subscription Status: 1.78x

7. Carraro India Ltd IPO

• Open Date: December 20, 2024
• Close Date: December 24, 2024
• Price Band: ₹668 – ₹704 per share
• Issue Size: ₹1,250 crore
• Subscription Status: 0.09x

8. Ventive Hospitality Ltd IPO

• Open Date: December 20, 2024
• Close Date: December 24, 2024
• Price Band: ₹610 – ₹643 per share
• Issue Size: ₹1,600 crore
• Subscription Status: 0.71x

Recently Closed IPOs

1. Identical Brains Studios Ltd IPO

• Status: Closed

2. NACDAC Infrastructure Ltd IPO

• Status: Closed

IPOs Listing Today (December 23, 2024)

1. International Gemmological Institute India IPO
2. Hamps Bio IPO
3. Yash Highvoltage IPO
4. Inventurus Knowledge Solutions IPO
5. Purple United Sales IPO

Investor Tips

• Research Thoroughly: Understand company fundamentals before investing.
• Monitor Grey Market Premiums (GMPs): These can indicate investor sentiment.
• Diversify Your Portfolio: Avoid putting all your funds into one IPO.
• Stay Updated: Keep an eye on subscription statuses and allotment dates.

This vibrant IPO season offers multiple opportunities for investors. Carefully assess the financials, growth prospects, and market demand before making an informed decision.