The upcoming IPOs this week in India – check out Mainline and SME Upcoming IPOs this week that are open, and scheduled for listing. Read on!
This Upcoming week is going to be a big movement for investors, as IPOs are coming with satisfactory GMP. These IPOs come from various industries, investors have the opportunity to choose investments in their preferred sectors.
Upcoming This week’s SME IPOs are 8, while Upcoming this week’s mainboard IPOs are 3.
The following is a detailed overview of the IPOs that will open and list this week.
Several new IPOs are opening this week along with fresh opportunities
The Upcoming IPOs that opened this week are as follows:
1. Chandan Healthcare
Chandan Healthcare is one of the top firms in terms of providing testing services such as pathology and radiology. Moreover, Chandan Healthcare is going to launch an IPO on February 10, 2025, and close on February 12, 2025.
Chandan Healthcare IPO is a Book Built Issue and the IPO is considered a fresh issue of Rs ₹70.79 crores and offer for sale up to 22,99,936 equity shares with a face value of ₹10 each. Chandan Healthcare’s IPO price band is ₹151 to ₹159 per share.
Chandan Healthcare IPO GMP is ₹27 high at 54% of its offer price on 07 February 2025.
2. Ajax Engineering
The Ajax Engineering IPO will open on February 10, 2025, and close on February 12, 2025. It is a book-built issue, aiming to raise approximately ₹1,269.35 crores. This amount includes a fresh issue of ₹[.] crores and an offer for sale of up to 2,01,80,446 equity shares, each with a face value of ₹1. The price range for the IPO is ₹599 to ₹629 per share.
Ajax Engineering Bengaluru-based Ajax Engineering was established as ‘Ajax Fiori Engineering (India) Private Limited’ on July 3, 1992. The company has partnered with a concrete equipment manufacturer and has sold more than 27,800 concrete equipment units across India.
Ajax Engineering IPO GMP is Rs 60 high at 10% of its offer price on 07 February 2025.
3. Voler Car
Voler Car IPO‘s open date is February 12, 2025, and the IPO will close on February 14, 2025. Voler Car IPO is a Book Built Issue. The company is to raise around ₹27.00 crores via IPO which has a fresh issue of ₹27.00 crores with a face value of ₹10 each. Voler Car IPO price band is ₹85 to ₹90 per share.
Voler Car IPO GMP is Rs 10 high at 11% of its offer price on 07 February 2025.
4. PS Raj Steels
PS Raj Steels is ready to launch an IPO. PS Raj Steels IPO open date is February 12, 2025, and the IPO will close on February 14, 2025. PS Raj Steels IPO is a Book Built Issue. PS Raj Steels IPO has a value of ₹28.28 crores, a combination of fresh issues ₹28.28 crores with a face value of ₹10 each. PS Raj Steels IPO price band is ₹132 to ₹140 per share.
PS Raj Steels IPO GMP has not been announced yet, so keep connected with IPO watch for more updates.
5. MaxVolt Energy
MaxVolt Energy IPO is scheduled to open on February 12, 2025, and close on February 14, 2025. This book-built issue aims to raise around ₹54.00 crores, which includes an offer for sale of up to 6,00,000 equity shares, each with a face value of ₹10. The price band for the IPO is set between ₹171 and ₹180 per share.
MaxVolt Energy IPO GMP has not been announced yet, so keep connected with IPO watch for more updates.
6. Hexaware Technologies
Hexaware Technologies IPO (Initial Public Offering) is scheduled to open on February 12, 2025, and close on February 14, 2025. A book-built issue is Hexaware Technologies’ initial public offering With the sale of up to 12,35,87,570 equity shares with a face value of ₹1 each, the business hopes to raise about ₹8,750.00 crores. Hexaware Technologies IPO price band is ₹674 to ₹708 per share.
Hexaware Technologies IPO GMP is ₹20 high at 3% of its offer price on 07 February 2025.
7. L.K. Mehta Polymers
L.K Mehta is one of the leading names for manufacturing and selling plastic products with a focus on customer satisfaction and making sure that products have been reached at the proper address. Moreover, L.K. Mehta Polymers IPO open date is February 13, 2025, and the IPO will close on February 17, 2025. An IPO has a Fresh issue of ₹7.38 crores with a face value of ₹10 each. L.K. Mehta Polymers IPO price band is ₹71 per share.
L.K. Mehta Polymers IPO GMP has not been announced yet, so keep connected with IPO watch for more updates.
8. Shanmuga Hospital
Shanmuga Hospital IPO is opening from February 13, 2025, to February 17, 2025, with the company aiming to raise approximately ₹20.62 crores through the IPO. An IPO has only a fresh issue of ₹20.62 crores with a face value of ₹10. The price band for the Shanmuga Hospital IPO is ₹54 per share.
Shanmuga Hospital is one of the top firms offering top-notch medical facilities and also taking care of facilities for rehabilitation.
9. Quality Power
Quality Power IPO‘s open date is February 14, 2025, and the IPO will close on February 18, 2025. Quality Power IPO is a Book Built Issue and it has a combination of fresh issues of ₹225 crores and OFS up to 1,49,10,500 equity shares with a face value of ₹10 each. It has price band set between Rs 401 to Rs 425 each share.
Quality Power Electrical Equipment is recognized for delivering high-voltage electrical solutions and equipment for grid connectivity and energy transitions.
Quality Power IPO GMP Rs 115 on it’s cutoff price.
10. Tejas Cargo
India’s one of the leading companies, Tejas Cargo is ready to launch an IPO on February 14, 2025, and the IPO will close on February 18, 2025. Moreover, it is a book-build process with a fresh issue of ₹105.84 crores and each share has a Rs 10 face value. Tejas Cargo IPO price band is ₹160 to ₹168 per share.
11. Royalarc Electrodes
Royalarc Electrodes IPO open date is February 14, 2025, and the IPO will close on February 18, 2025. Royalarc Electrodes IPO is a Book Built Issue. The company is to raise around ₹36.00 crores via IPO which comprises fresh issue of ₹21.60 crores and offer for sale up to 12,00,000 equity shares with a face value of ₹10 each. Royalarc Electrodes IPO price band is ₹114 to ₹120 per share.
IPO Listing This Week
There are 6 IPOs listed this week, which are as follows:
1. Chamunda Electricals
The Chamunda Electricals IPO date is February 4 and the close date is February 6. The Chamunda Electricals IPO was allotted to allotees on February 7 and the IPO listing on February 11.
As of February 07, the Chamunda Electricals IPO GMP is at Rs 27.
2. Ken Enterprises
The Ken Enterprises IPO date is February 5 and the close date is February 7. The Ken Enterprises IPO is an SME IPO and allotted on February 10 and the IPO listing on February 12.
As of February 07, the Ken Enterprises IPO GMP is at Rs 5.
3. Amwill Health Care
Amwill Health Care’s IPO date is February 5 and the close date is February 7. The Amwill Health Care IPO allotment is finalized on February 10 and the IPO listing on February 12.
As of February 07, the Amwill Health Care IPO GMP is at Rs 7.
4. Readymix Construction Machinery
Readymix Construction Machinery’s IPO date is February 6, 2025, and the close date is February 10, 2025. The Readymix Construction Machinery IPO is also an SME allotment that will be finalized on February 11, 2025, and the IPO listing on February 13, 2025. Moreover, the Readymix Construction Machinery IPO list on NSE emerge.
As of February 07, the Readymix Construction Machinery IPO GMP is at Rs 10.
5. Solarium Green Energy
The Solarium Green Energy IPO opens on February 6 and closes on February 10. The allotment for this IPO will be finalized on February 11, with the shares set to be listed on February 13.
As of February 07, the Solarium Green Energy IPO GMP is at Rs 10.
6. Eleganz Interiors
Eleganz Interiors IPO date is February 7, and the close date is February 11. The Eleganz Interiors IPO allotment will be finalized on February 12, and the IPO listing on February 14.
As of February 07, the Eleganz Interiors IPO GMP is at Rs 35.
Note: This news article is created only for educational purposes. It is not meant as an approval or recommendation to invest in any securities. Investors should conduct their research and get advice from financial advisors before making any investment decisions. Please keep in mind that Grey Market Premium (GMP) values also change daily depending on market conditions and premiums.
