Upcoming IPOs in New Delhi: A Comprehensive Overview

As the Indian stock market continues to attract investor interest, a wave of initial public offerings (IPOs) is set to hit the market between June 30 and July 4, 2025. This period will see a total of 10 IPOs, comprising two mainboard offerings and eight small and medium enterprise (SME) listings. This article delves into the details of these upcoming IPOs, providing insights into the companies involved and what investors can expect.

Mainboard IPOs

Crizac Limited

One of the most anticipated offerings is from Crizac Limited, which will open its IPO for subscription from July 2 to July 4. The company is looking to raise approximately Rs 860 crore through this offering, with a price band set between Rs 233 and Rs 245 per share. Notably, this IPO is a pure offer for sale (OFS) of 3.51 crore shares, meaning that existing shareholders are selling their stakes rather than the company issuing new shares. This can be an attractive option for investors looking to buy into a company with established backing.

Travel Food Services

Another significant player in this IPO wave is Travel Food Services, which is set to launch its Rs 2,000-crore IPO on July 3, closing on July 7. Similar to Crizac, this offering will also be a fully OFS, allowing existing shareholders to liquidate their holdings. The travel and food sector has shown resilience and growth potential, making this IPO particularly appealing to investors looking for exposure in this space.

SME IPOs

The SME segment is bustling with activity, featuring eight IPOs that cater to smaller enterprises looking to raise capital for expansion and operational needs. Here’s a closer look at these offerings:

1. Silky Overseas Limited

• Issue Size: Rs 30.68 crore
• Subscription Period: June 30 – July 2

2. Pushpa Jewellers Limited

• Issue Size: Rs 98.65 crore
• Subscription Period: June 30 – July 2

3. Cedaar Textile Limited

• Issue Size: Rs 60.90 crore
• Subscription Period: June 30 – July 2

4. Marc Loire Fashions Limited

• Issue Size: Rs 21 crore
• Subscription Period: June 30 – July 2

5. Vandan Foods Limited

• Issue Size: Rs 30.36 crore
• Subscription Period: June 30 – July 2

6. Cryogenic OGS Limited

• Issue Size: Rs 17.77 crore
• Subscription Period: July 3 – July 7

7. Happy Square Outsourcing (White Force)

• Issue Size: Rs 24.25 crore
• Subscription Period: July 3 – July 7

8. Meta Infotech Limited

• Issue Size: Rs 80.18 crore
• Subscription Period: July 4 – July 8

Most of these SME IPOs consist primarily of fresh share issuances, with some incorporating OFS components. This structure allows these smaller companies to raise capital while providing existing shareholders an opportunity to exit.

Investment Considerations

Investing in IPOs can be an exciting opportunity, but it also comes with its risks. Potential investors should conduct thorough research on the companies, their financial health, market conditions, and future growth prospects. The current economic landscape, influenced by various factors including inflation and global market trends, should also be considered when making investment decisions.

Conclusion

The upcoming IPOs in New Delhi present a diverse range of investment opportunities, from established players like Crizac Limited and Travel Food Services to emerging SMEs. As the subscription dates approach, investors should stay informed and consider their options carefully. With the right approach, these IPOs could serve as a valuable addition to an investment portfolio, paving the way for potential growth in the dynamic Indian market.