Santa Claus Rally: Check Out the Upcoming IPOs of This Week— 8 New Listings, 3 IPOs Set to Open

Outlook Business Desk

D-Street This Month

After a busy week witnessed by the Primary market earlier this month, the IPO bazaar is likely to take a breather. While the mainboard segment will remain relatively calm, the SME space will continue the busy trend on the D-street. Check out this week's IPO calendar

1. Sanathan Textiles Limited IPO

The textile company is planning to raise Rs 550 crore via a combination of fresh issue and OFS (offer for sale). The bidding period for the public offering will close today. The mainboard IPO will make its debut on the D-street on December 27 (Friday).

2. DAM Capital Advisors

The investment banking firm is all set to make its D-street debut on December 27 (Friday). The company is planning to raise Rs 840 crore via an offer for sale. There will be no fresh issue.

3. Mamata Machinery

Mamata Machinery is planning to raise Rs 179 crore through its initial public offering. This issues consists of an offer for sale of 0.74 crore shares with no fresh issues. The bidding period for the IPO will conclude on December 23 (Monday). As for the listing, the date is fixed for this Friday.

4. Concord Enviro Systems

The wastewater management company will hit the D-street on December 27 (Friday). The IPO is valued at Rs 500 crore and consists of a combination of fresh issue and offer for sale. The bidding window will close on December 23 (Monday.)

4. Transrail Lighting

Transrail Lighting Limited is planning to raise Rs 838.91 crore via the initial public offering. The public offering is a combination of a fresh issue and an offer for sale. The bidding window will close on December 23 (Monday). The tentative listing date is on December 27 (Friday)

5. SME IPO

In the SME space, 3 companies will be hitting the secondary market this week. Media and VFX company, Identical Brains Studios and Newmalayalam Steel will be making their D-street debut on the NSE Emerge this week. As for NACDAC Infrastructure, the IPO is set to make its debut on the BSE SME platform on December 24.

Open For Bidding

This week’s IPO lineup includes Unimech Aerospace and Manufacturing (December 23), Solar91 Cleantech (December 24) and Anya Polytech & Fertilisers (December 26). While Unimech is a mainboard IPO, the other two are SME public offerings.