Upcoming IPOs Next Week: NTPC Green Energy & 2 SME Public Issues To Go Live; 4 New Listings Awated

The Indian stock market is bracing for a whirlwind of IPO activity this week, with multiple initial public offerings (IPOs) lined up for both listing and fresh subscription. In addition to the much-anticipated debut of Zinka Logistics Solutions and three SME IPOs-Neelam Linen and Garments, Mangal Compusolution, and Onyx Biotech-the coming days will also see the opening of one major mainboard IPO and two SME IPOs.

The calendar year 2024 has been a landmark year for IPOs in India, setting an all-time high in issue size. With a cumulative total of Rs 1.38 lakh crore raised, the year surpassed the previous record of Rs 1.31 lakh crore in 2021.

Upcoming IPOs for Subscription This Week
NTPC Green Energy Limited IPO
NTPC Green Energy Limited, a state-owned renewable energy company, is launching a significant book-built issue to raise Rs 10,000 crore. The IPO includes a fresh issue of 92.59 crore equity shares with a price band set at Rs 102 to Rs 108 per share.

Opening and Closing Dates: November 19 to November 22
Lot Size: 138 shares per lot
Listing Date: November 27, on BSE and NSE
With the Indian government pushing for a transition to green energy, NTPC Green Energy's IPO is poised to draw significant attention. The IPO is being managed by IDBI Capital Market Services, HDFC Bank, IIFL Securities, and Nuvama Wealth Management, with Kfin Technologies as the registrar.

Lamosaic India Limited IPO
Lamosaic India Limited, a decorative products manufacturer, plans to raise Rs 61.2 crore through a fresh issue of 30.6 lakh equity shares. Retail investors will need a minimum investment of Rs 1,20,000 for one lot (600 shares).
Opening and Closing Dates: November 21 to November 26
Price Band: Rs 200 per share
Listing Date: November 29, on NSE SME
The IPO is being spearheaded by Inventure Merchant Banker Services, with Kfin Technologies as the registrar and Svcm Securities as the market maker.

C2C Advanced Systems Limited IPO
Specializing in defence electronics, C2C Advanced Systems Limited aims to raise Rs 99.07 crore through its IPO. Offering 43.84 lakh shares, the issue has set its price band between Rs 214 and Rs 226 per share.
Opening and Closing Dates: November 22 to November 26
Minimum Investment: Rs 1,35,600 for 600 shares
Listing Date: November 29, on NSE SME
Mark Corporate Advisors and Beeline Capital Advisors are the book-running lead managers, while Link Intime India is the registrar. Spread X Securities will serve as the market maker for this IPO.

IPO Listings Scheduled This Week
Dalal Street will also witness the listing of four IPOs, promising an action-packed week for investors:
Neelam Linen and Garments IPO: Listed on NSE SME on November 18.
Mangal Compusolution IPO: Listed on BSE SME on November 20.
Onyx Biotech IPO: Listed on NSE SME on November 21.
Zinka Logistics Solutions IPO: Listed on BSE and NSE on November 21.

What's Driving the IPO Boom?
The surge in IPO activity is fueled by a mix of favourable market conditions, investor optimism, and the robust growth of Indian enterprises. Companies are leveraging the bullish sentiment to raise capital for expansion, debt reduction, and innovation. Investors, on the other hand, are seeking opportunities to participate in India's growth story, particularly in high-growth sectors like renewable energy, defence technology, and decorative products.

For retail and institutional investors, the IPOs this week present an array of opportunities across industries and market segments. While NTPC Green Energy Limited offers a chance to invest in India's renewable energy future, SMEs like Lamosaic India and C2C Advanced Systems cater to niche demands in decorative products and defence electronics.

However, investors should conduct thorough research, understand the risks, and assess their investment horizon before participating. Factors such as valuation, sectoral trends, and company fundamentals should guide investment decisions.