Outlook Business Desk
The primary market is gaining momentum with 4 new IPOs set to open for subscription this week, including Arisinfra Solutions in the mainboard segment and 3 others in the small and medium enterprise (SME) segment.
Experts note that IPO activity in 2025 has been slower compared to 2024 due to market volatility, liquidity concerns and stricter SEBI regulations. Global uncertainties and concerns over valuations have also contributed to delays in listings. However, if conditions stabilise and interest rates ease, IPO activity could increase in the latter half of the year.
The Arisinfra Solutions IPO, open from March 20 to 25. It is a book-built issue of 2.86 crore fresh shares. JM Financial, IIFL Securities and Nuvama Wealth are the lead managers with Link Intime as the registrar.
The Paradeep Parivahan IPO will open from March 17 to 19. It is a Rs 44.86 crore SME issue with 45.78 lakh fresh shares priced at Rs 93-98 each. Share India Capital Services is the lead manager, Bigshare Services is the registrar.
The Divine Hire Jewellers IPO will open from March 17 to 19. This SME IPO is a fixed price issue worth Rs 31.84 crores, consisting of 35.38 lakh fresh shares at Rs 90 per share. Horizon Management is the lead manager and Bigshare Services is the registrar.
The Grand Continent Hotels IPO will open from March 20 to 24. It is a Rs 74.46 crore SME IPO, comprising a fresh issue of 62.60 lakh shares and an offer for sale of 3.29 lakh shares. The price band is Rs 107-113 per share. Indorient Financial Services is the lead manager and Link Intime is the registrar.
The allotment for the PDP Shipping IPO was finalised on March 13. It is set to list on BSE SME with a tentative listing date of March 18.
The Super Iron Foundry IPO allotment is expected to be finalised on March 17. It is set to list on BSE SME with a tentative listing date of March 19.