Upcoming IPOs Next Week: 7 Mainboard & SME Public Issues To Go Live; 6 New Listings On Charts

The year 2025 kicks off with a strong buzz in the primary market. Seven IPOs are gearing up for subscriptions in the upcoming week, while six companies are readying for their market debut.

IPO Market 2025
Experts forecast that fundraising through IPOs could surpass an impressive Rs 2 lakh crore this year. Approximately 100 companies have filed their draft offer letters with the Securities and Exchange Board of India (SEBI), with many already receiving or awaiting approvals.

IPOs This Week
Standard Glass Lining IPO
Standard Glass Lining is set to make waves in the primary market with its Rs 410.05 crore IPO, opening from January 6 to January 8, 2025. The issue includes a fresh issuance of Rs 210 crore, comprising 1.50 crore shares, alongside an Offer for Sale (OFS) of Rs 200.05 crore from existing stakeholders. With a price band of Rs 133 to Rs 140 per share, investors can bid in lots of 107 shares. The funds raised are expected to fuel the company's expansion plans and boost its financial position, while the OFS facilitates partial exits for current shareholders. IIFL Securities and Motilal Oswal Investment Advisors are leading the charge as book-running managers, with Kfin Technologies handling the registrar's role.

Quadrant Future Tek IPO
Quadrant Future Tek is gearing up to attract investor attention with its Rs 290 crore IPO, open from January 7 to January 9. The entire issue comprises a fresh issuance of 1 crore shares, with a price band set between Rs 275 and Rs 290 per share. This technology-focused company aims to utilize the proceeds for growth initiatives, enhancing its product portfolio. Sundae Capital Advisors is the lead manager, while Link Intime India Pvt Ltd is the designated registrar.

Capital Infra Trust Invit IPO
The Capital Infra Trust Invit IPO, valued at Rs 1,578 crore, will be open for subscription from January 7 to January 9. The issue consists of a fresh issuance worth Rs 1,077 crore (10.77 crore shares) and an OFS totalling Rs 501 crore (5.01 crore shares). Priced between Rs 99 and Rs 100 per share, this Invit provides investors an opportunity to participate in the infrastructure sector's growth story. The issue is managed by SBI Capital Markets and HDFC Bank. Kfin Technologies Ltd will oversee the subscription process as the registrar.

Indobell Insulation IPO
Indobell Insulation's Rs 10.14 crore fixed-price IPO is set to open for subscription from January 6 to January 8. The issue consists solely of a fresh issuance of 22.05 lakh shares, priced at Rs 46 per share. The company, known for its insulation solutions, plans to channel the proceeds toward capacity expansion, improving operational efficiency, and meeting working capital requirements. Finshore Management Services is the lead manager, while Integrated Registry Management Services Pvt Ltd will manage the registrar operations.

BR Goyal IPO
Scheduled for January 7 to January 9, the BR Goyal IPO aims to raise Rs 85.21 crore through a book-built issue. This includes a fresh issuance of 63.12 lakh shares priced in the range of Rs 128 to Rs 135 per share. With a focus on infrastructure and allied services, the company intends to utilize the proceeds to enhance its project capabilities and scale operations. Beeline Capital Advisors is the book-running lead manager, with Link Intime India Pvt Ltd acting as the registrar and Spread X Securities serving as the market maker.

Delta Autocorp IPO
Delta Autocorp, a rising name in the automotive sector, is set to launch its Rs 54.60 crore IPO from January 7 to January 9. The offering includes a fresh issue of Rs 50.54 crore (38.88 lakh shares) and an OFS worth Rs 4.06 crore (3.12 lakh shares). Priced between Rs 123 and Rs 130 per share, the IPO aims to raise funds for operational expansion and debt reduction. GYR Capital Advisors is the lead manager, while Link Intime India Pvt Ltd is the registrar for the offering.

Avax Apparels & Ornaments IPO
Avax Apparels and Ornaments is offering a Rs 1.92 crore fixed-price IPO, open from January 7 to January 9. The issue consists of 2.74 lakh fresh shares, priced at Rs 70 per share. The funds raised will be used to expand its product range and strengthen its retail network. SKI Capital Services is the lead manager for the IPO, with Skyline Financial Services Pvt Ltd as the registrar.

New Listings
Several companies that recently completed their IPOs are set to list on stock exchanges next week:
Indo Farm Equipment IPO: Listing on BSE and NSE on January 7.
Leo Dry Fruits and Spices IPO: Listing on BSE SME on January 8.
Parmeshwar Metal IPO: Listing on BSE SME on January 9.
Davin Sons IPO: Listing on BSE SME on January 9.
Fabtech Technologies IPO: Listing on BSE SME on January 10.

The IPO market's robust start to 2025 reflects a growing appetite for equity investments and strong corporate confidence in India's capital markets. The seven upcoming IPOs span a wide range of sectors, from infrastructure and manufacturing to apparel and technology.