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Upcoming IPOs in December 2024: Key Dates and Investment Insights
Last Updated: 17th December 2024 - 03:06 pm
List of Upcoming IPOs in December 2024 (Week 3: December 16, 2024 - December 20, 2024)
Introduction:
The Indian IPO market is buzzing with new investment opportunities, with 12 upcoming IPOs set to list and 4 new IPOs to open in the third week of December 2024. From mainboard IPOs to SME listings, investors have a range of options to consider. As we move ahead in December, these public issues are set to open for subscription, offering various opportunities for investors to explore. Understanding the upcoming IPO’s highlights will help investors make the most of these offerings. Here’s a detailed look at the upcoming IPOs in the second week of December and what they bring to the table.
Company Name | Open Date | Close Date | Price Band (₹) |
NACDAC Infrastructure IPO | Dec 17, 2024 | Dec 19, 2024 | ₹33 to ₹35 |
Identical Brains Studios IPO | Dec 18, 2024 | Dec 20, 2024 | ₹51 to ₹54 |
Mamata Machinery IPO | Dec 19, 2024 | Dec 23, 2024 | ₹230 to ₹243 |
Transrail Lighting IPO | Dec 19, 2024 | Dec 23, 2024 | To be announced |
Founded in 2012, NACDAC Infrastructure Limited specializes in civil and structural construction, including multi-story buildings, steel structures, bridges, and electrical works. An ISO-certified Class A contractor, its revenue surged 209.49%, and PAT rose 904.44% from FY23 to FY24.
Identical Brains Studios Limited provides VFX services for films, web series, TV shows, and commercials. Renowned for its award-winning work, including Scam 1992 and Rocket Boys, the company’s revenue grew 150.71%, and PAT surged 231.5% from FY23 to FY24.
Founded in April 1979, Mamata Machinery Limited manufactures and exports packaging machinery, serving FMCG, food, and beverage industries. With clients like Balaji Wafers and Emirates National Factory, its revenue grew 14.84%, and PAT surged 60.52% from FY23 to FY24.
Transrail Lighting Limited specializes in power transmission, civil construction, and railway services, offering EPC solutions for transmission lines, bridges, tunnels, and electrification. It also manufactures poles, conductors, and monopoles. Between FY23 and FY24, the company’s revenue grew 30.2%, and PAT surged 116.8%.
In the third week of December, 12 IPOs are set to debut on the market! Mainboard IPOs listings this week include One Mobikwik Systems, Sai Life Sciences, and Vishal Mega Mart on 18 December 2024; Inventurus Knowledge Solutions on 19 December 2024; and International Gemmological Institute on 20 December 2024.
List of Upcoming IPOs in December 2024 (Week 1: December 9, 2024 - December 13, 2024)
Introduction:
The Indian IPO market is buzzing with new investment opportunities, with two upcoming IPOs scheduled for the second week of December 2024. From mainboard IPOs to SME listings, investors have a range of options to consider. As we move ahead in December, these public issues are set to open for subscription, offering various opportunities for investors to explore. Understanding each IPO’s highlights will help investors make the most of these offerings. Here’s a detailed look at the upcoming IPOs in the second week of December and what they bring to the table.
Company Name | Open Date | Close Date | Price Band (₹) |
Dhanlaxmi Crop Science IPO | Dec 09, 2024 | Dec 11, 2024 | ₹52 to ₹55 |
Toss The Coin IPO | Dec 10, 2024 | Dec 12, 2024 | ₹172 to ₹182 |
Jungle Camps India IPO | Dec 10, 2024 | Dec 12, 2024 | ₹68 to ₹72 |
One Mobikwik Systems IPO | Dec 11, 2024 | Dec 13, 2024 | ₹265 to ₹279 |
Supreme Facility Management IPO | Dec 11, 2024 | Dec 13, 2024 | ₹72 to ₹76 |
Sai Life Sciences IPO | Dec 11, 2024 | Dec 13, 2024 | ₹522 to ₹549 |
Vishal Mega Mart IPO | Dec 11, 2024 | Dec 13, 2024 | ₹74 to ₹78 |
Purple United Sales IPO | Dec 11, 2024 | Dec 13, 2024 | ₹121 to ₹126 |
Dhanlaxmi Crop Science is a technology-driven seed company specializing in the development, production, and sale of seeds for field crops and vegetables. The company combines traditional breeding with biotechnology to create hybrid and open-pollinated varieties, offering higher yields, improved quality, and enhanced pest and disease tolerance. The IPO price band is set at ₹52 to ₹55 per share, with a minimum lot size of 2000 shares and an investment requirement of ₹110,000 for retail investors. For the FY ending March 31, 2024, revenue rose by 37%, and PAT increased by 55%. The funds will be used for working capital, issue expenses, and corporate purposes.
Toss the Coin Limited is a marketing consulting firm specializing in tailored services for B2B tech companies. With expertise across various technology sectors, the company assists in developing GTM strategies, including branding, content, design, websites, social media campaigns, customer success, and problem-solving workshops. The Toss the Coin IPO price band is ₹172 to ₹182 per share, with a minimum lot size of 600 shares and an investment requirement of ₹109,200 for retail investors. The company’s revenue grew by 2.49%, while profit after tax (PAT) declined by 38.39% from FY 2023 to FY 2024. Funds will support microservices application development, office expansions, and working capital needs.
Jungle Camps India is a conservation-focused hospitality group operating wildlife camps, boutique resorts, hotels, and restaurants in India. The company runs four award-winning resorts in wildlife and tiger reserve national parks in central India, along with a highway retreat, restaurant, and customized travel experiences. The IPO price band is ₹68 to ₹72 per share, with a minimum lot size of 1600 shares and an investment requirement of ₹115,200. In FY 2024, the company’s revenue grew by 61.01%, and PAT surged by 699.55%. The funds will be used for capital expenditure in Madhya Pradesh’s Sanjay Dubri and Pench resorts, as well as the Mathura Hotel Project.
Mobikwik, a fintech company founded in March 2008, offers prepaid digital wallets and online payment services. The IPO price band is set at ₹265 to ₹279 per share, with a minimum lot size of 53 shares and a retail investment requirement of ₹14,787. Mobikwik enables users to pay utility bills, make purchases, transfer money, check balances, and make UPI or Rupay payments. Proceeds from the IPO will fund growth in financial and payment services, investment in AI, ML, and technology, and capital expenditure for payment devices. For FY 2023-24, Mobikwik’s revenue rose 59%, and profit after tax (PAT) increased by 117%.
Supreme Facility Management IPO
Supreme Facility Service Management Limited, established in 2005, provides integrated facility management services, including housekeeping, cleaning, sanitizing, staffing, and corporate food solutions. The company operates in two segments: Integrated Facilities Management and Support Services. The IPO price band is ₹72 to ₹76 per share, with a minimum lot size of 1600 shares and a retail investment requirement of ₹121,600. For FY 2023-24, the company's revenue grew by 7.91%, and profit after tax (PAT) increased by 33.8%. Proceeds from the IPO will fund working capital, inorganic initiatives, and general corporate purposes.
Sai Life Sciences Limited, founded in January 1999, specializes in the research, development, and manufacturing of small-molecule new chemical entities. The company offers customized services to biotech and global pharmaceutical firms. In FY 2024, it served over 280 pharmaceutical companies, including 18 of the top 25 based on 2023 revenue, across regions like the US, UK, Europe, and Japan. The IPO price band is ₹522 to ₹549 per share, with a minimum lot size of 27 shares and an investment requirement of ₹14,823. The company’s revenue grew by 20%, and profit after tax (PAT) soared by 729%. Proceeds will fund debt repayment and general corporate purposes.
Vishal Mega Mart is a hypermarket chain offering a wide variety of products, including apparel, groceries, electronics, and home essentials. It features both proprietary and third-party brands to meet consumers' daily needs. The product range includes clothing, home furnishings, kitchen appliances, food, FMCG, and more. The IPO price band is ₹74 to ₹78 per share, with a minimum lot size of 190 shares and an investment requirement of ₹14,820. For FY 2023-24, the company's revenue grew by 17.41%, and profit after tax (PAT) increased by 43.78%. The promoter will receive the proceeds from the Offer for Sale after expenses and taxes.
Purple United is a fashion brand offering clothing, shoes, and accessories for children of all ages. Its flagship line, "Purple United Kids," provides laboratory-tested, high-quality products in vibrant colors and designs for children up to 14 years old. The brand offers clothing and footwear for infants, toddlers, and older children, as well as accessories like strollers. The IPO price band is ₹121 to ₹126 per share, with a minimum lot size of 1000 shares and an investment requirement of ₹126,000. The company’s revenue grew by 67%, and profit after tax (PAT) surged by 223%. Proceeds will fund new store openings, working capital, and general purposes.
Mainboard IPOs listings this week include Property Share Investment Trust on 9 December, Nisus Finance Services Co on 11 December and Emerald Tyre Manufacturers on 12 December.
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