Upcoming IPOs: A Busy Week Ahead for Investors

The primary market is gearing up for an exciting week, with 18 Initial Public Offerings (IPOs) set to open for subscription. Among these, four are mainboard IPOs while the remaining 14 belong to the Small and Medium Enterprises (SME) segment. This crowded schedule is expected to test both liquidity and investor appetite, as companies of varying sizes compete for funds simultaneously.

Mainboard IPOs

The four mainboard IPOs aim to raise over ₹850 crore collectively, providing investors with a range of options to consider.

Glottis IPO

The Glottis IPO is a book-built issue valued at ₹307 crore. It includes a fresh issue of 1.24 crore shares worth ₹160 crore and an offer for sale of 1.14 crore shares totaling ₹147 crore.

• Subscription Dates: September 29 to October 1
• Allotment Date: October 3
• Listing Date: October 7 on both BSE and NSE
• Price Band: ₹120 to ₹129 per share
• Lot Size: 114 shares

Retail investors can participate with a minimum investment of ₹14,706. For Small and Medium Institutional Investors (sNIIs), the minimum investment is ₹2,05,884, while for Big Institutional Investors (bNIIs), it stands at ₹10,00,008.

Fabtech Technologies IPO

Fabtech Technologies is looking to raise ₹230.35 crore through a complete fresh issue of 1.21 crore shares.

• Subscription Dates: September 29 to October 1
• Allotment Date: October 3
• Listing Date: October 7
• Price Band: ₹181 to ₹191 per share
• Lot Size: 75 shares

At the upper price, retail investors can apply with ₹14,325. The sNII category requires a minimum investment of ₹2,00,550, while bNIIs need to invest at least ₹10,02,750. Unistone Capital Pvt. Ltd. serves as the book-running lead manager, with Bigshare Services Pvt. Ltd. acting as the registrar.

Om Freight Forwarders IPO

This IPO is valued at ₹122.31 crore, consisting of a fresh issue of 0.18 crore shares worth ₹24.44 crore and an offer for sale of 0.73 crore shares valued at ₹97.88 crore.

• Subscription Dates: September 29 to October 3
• Allotment Date: October 6
• Listing Date: October 8 on BSE and NSE
• Price Band: ₹128 to ₹135 per share
• Lot Size: 111 shares

Retail investors need to invest a minimum of ₹14,985, while sNIIs require ₹2,09,790 and bNIIs ₹10,03,995. Smart Horizon Capital Advisors Pvt. Ltd. is the book-running lead manager, with Bigshare Services Pvt. Ltd. as the registrar.

Advance Agrolife IPO

Advance Agrolife is a fresh issue worth ₹192.86 crore, comprising 1.93 crore shares.

• Subscription Dates: September 30 to October 3
• Allotment Date: October 6
• Listing Date: October 8 on both BSE and NSE
• Price Band: ₹95 to ₹100 per share
• Lot Size: 150 shares

Retail investors can apply with a minimum investment of ₹15,000, while sNIIs need ₹2,10,000 and bNIIs ₹10,05,000. Choice Capital Advisors Pvt. Ltd. is the book-running lead manager, with Kfin Technologies Ltd. as the registrar.

SME IPOs Next Week

In addition to the mainboard offerings, the SME segment will see 14 IPOs opening for bidding. These companies span various sectors, including logistics, technology, hospitality, and mobility.

Some notable SME IPOs include:

• Greenleaf Envirotech: September 30 to October 6
• Shlokka Dyes: September 30 to October 6
• Sunsky Logistics: September 30 to October 3
• Infinity Infoway: September 30 to October 3
• Sheel Biotech: September 30 to October 3
• Zelio E-Mobility: September 30 to October 3
• B.A.G. Convergence: September 30 to October 3
• Valplast Technologies: September 30 to October 3
• Chiraharit: September 29 to October 3
• Dhillon Freight Carrier: September 29 to October 1
• Suba Hotels: September 29 to October 1
• Om Metallogic: September 29 to October 1
• Vijaypd Ceutical: September 29 to October 1
• Sodhani Capital: September 29 to October 1

This upcoming week presents retail investors with a plethora of options for public listings. However, it is crucial for investors to conduct thorough research and due diligence before making any investment decisions.

Conclusion

As the primary market prepares for a busy week, both mainboard and SME IPOs offer a variety of investment opportunities. With a mix of established and emerging companies, investors are encouraged to assess their options carefully.

(Disclaimer: The views, opinions, recommendations, and suggestions expressed in this article are those of the experts and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)