The new year is kicking off with exciting IPO opportunities for investors. As the financial markets gear up for 2025, several companies are stepping forward to make their public debut. This article will walk you through the upcoming IPOs scheduled for the week, including mainboard IPO and SME IPO. Let’s dive into the details to help you make informed decisions.
Indo Farm Equipment IPO Details
Indo Farm Equipment Ltd, a key player in the agricultural machinery industry, is launching its IPO on December 31, 2024. The company is set to raise ₹260.15 crore through a mix of fresh issue and offer-for-sale (OFS).
Key Highlights:
- Price Band: ₹204-₹215 per share.
- Lot Size: 69 shares (minimum investment of ₹14,835).
- Issue Period: December 31, 2024, to January 2, 2025.
- Use of Funds:
- Expand production capacity for pick-and-carry cranes (₹70 crore).
- Repay debts (₹50 crore).
- Invest in Barota Finance, its NBFC subsidiary (₹45 crore).
- General corporate purposes.
About the Company:
Indo Farm Equipment is a leading manufacturer of tractors, cranes, and agricultural tools. With over two decades of experience, the company exports to countries like Nepal, Bangladesh, and Sudan, with exports contributing 7% to its revenue.
GMP Update:
The grey market premium (GMP) for Indo Farm Equipment IPO is +90, indicating strong investor demand. This suggests a potential listing price of around ₹305, a 41.86% premium over the issue price.
Technichem Organics IPO
Technichem Organics Ltd specializes in chemicals and dyes. This SME IPO will open on December 31, 2024, aiming to raise ₹25.25 crore.
Key Highlights:
- Price Band: ₹52-₹55 per share.
- Lot Size: 2,000 shares (minimum investment of ₹1,04,000).
- Issue Period: December 31, 2024, to January 2, 2025.
- Use of Funds:
- Build a new plant named “Plant 4.”
- Repay or prepay certain loans.
Technichem’s focus on expanding production capacity and reducing debt highlights its growth-oriented approach.
Leo Dry Fruits and Spices Trading IPO
Leo Dry Fruits and Spices Trading Ltd, known for its VANDU brand, is launching its IPO on January 1, 2025. The company aims to raise ₹25.12 crore.
Key Highlights:
- Price Band: ₹51-₹52 per share.
- Lot Size: 2,000 shares (minimum investment of ₹1,04,000).
- Issue Period: January 1-3, 2025.
- Use of Funds:
- Expand production and marketing efforts.
- Strengthen operational capabilities.
Leo Dry Fruits’ diversified product portfolio makes it an attractive option for SME investors.
Mainboard IPO Listings Next Week
Several mainboard IPOs that closed in December 2024 are set to list in the first week of 2025:
| Company | Listing Date | Exchange |
|---|---|---|
| Ventive Hospitality Ltd | December 30, 2024 | BSE, NSE |
| Senores Pharmaceuticals | December 30, 2024 | BSE, NSE |
| Carraro India Ltd | December 30, 2024 | BSE, NSE |
| Unimech Aerospace | December 31, 2024 | BSE, NSE |
| Anya Polytech Ltd (SME) | January 2, 2025 | NSE SME |
| Citichem India Ltd (SME) | January 3, 2025 | BSE SME |
IPO Calendar: December 30, 2024 – January 3, 2025
Here’s a summary of the upcoming IPO schedule:
| Company | Type | Opening Date | Closing Date | Price Band (₹) | Lot Size | Expected Listing |
|---|---|---|---|---|---|---|
| Indo Farm Equipment Ltd | Mainboard | Dec 31, 2024 | Jan 2, 2025 | 204-215 | 69 shares | Jan 7, 2025 |
| Technichem Organics Ltd | SME | Dec 31, 2024 | Jan 2, 2025 | 52-55 | 2,000 shares | Jan 8, 2025 |
| Leo Dry Fruits & Spices | SME | Jan 1, 2025 | Jan 3, 2025 | 51-52 | 2,000 shares | Jan 8, 2025 |
| Ventive Hospitality Ltd | Mainboard | Listing Only | Listing Only | – | – | Dec 30, 2024 |
| Senores Pharmaceuticals | Mainboard | Listing Only | Listing Only | – | – | Dec 30, 2024 |
| Carraro India Ltd | Mainboard | Listing Only | Listing Only | – | – | Dec 30, 2024 |
Tips for Investors
- Research Thoroughly: Understand the company’s business model, financials, and industry position.
- Check GMP Trends: Grey market premium provides insights into market sentiment.
- Diversify Investments: Don’t put all your funds into a single IPO.
- Consult Experts: Seek advice from certified financial advisors before investing.
Disclaimer
This article is for informational purposes only and does not constitute financial advice. Please consult certified financial professionals before making any investment decisions. The data provided here is based on publicly available information and may be subject to change.
By keeping an eye on these upcoming IPOs, you can start 2025 with well-informed investment decisions. Stay tuned to finguys.in for the latest updates and expert insights into the financial markets.