The Indian stock market is set for an IPO boom, with 15 companies preparing to launch their initial public offerings (IPOs) in December and early January, aiming to raise nearly ₹20,000 crore. Spanning diverse sectors like electronics, retail, fintech, and asset management, these IPOs are generating significant buzz among investors.
Among the most anticipated listings is LG Electronics India, a subsidiary of South Korea’s LG Electronics Inc. The company has filed its draft papers, marking its debut in India’s capital markets. Vishal Mega Mart Ltd, another heavyweight, has announced a ₹8,000 crore IPO, with a price band set at ₹74-78 per share. Subscription for this issue will open from December 11 to 13, following anchor bidding on December 10.
Digital payments platform MobiKwik is also stepping into the spotlight with a ₹572 crore IPO, priced between ₹265-279 per share. The subscription window will be open from December 11 to 13, with anchor bidding starting a day earlier.
Other notable IPOs include the ₹4,000 crore issue from International Gemmological Institute (India), backed by Blackstone, and the ₹3,500 crore offering by Avanse Financial Services. Meanwhile, Sai Life Sciences and Inventurus Knowledge Solutions are set to raise significant amounts, with their issues scheduled for mid-December.
In addition, Canara Robeco AMC, Canara HSBC Life Insurance, Manjushree Technopack, and logistics firm Ecom Express are gearing up for their IPOs. While exact dates for some issues are yet to be finalized, their collective appeal reflects growing investor confidence in the market.
The IPO activity is part of a larger trend, with 236 IPOs launched between FY21 and FY25, delivering average listing gains of 27% for retail investors and an overall 105% return, according to a report by Moneycontrol. With a strong pipeline and favorable market conditions, these IPOs are expected to attract both institutional and retail investors.
Stay tuned as these public issues unfold, offering opportunities across a wide spectrum of industries.
