IPO Frenzy Next Week: 7 Public Issues To Hit Market In 1st Week Of FY25; 10 Listings On The Table

As the financial year 2024-2025 begins, investors are gearing up for an action-packed week in the primary market with a flurry of initial public offerings (IPOs) scheduled for subscription. Amidst the buzz, Bharti Hexacom IPO stands out as the sole new offering set to open next week.

Ongoing IPOs

Investors still have the opportunity to participate in ongoing IPOs scheduled to conclude shortly. Radiowalla IPO and TAC Infosec IPO are set to close on April 2nd, while bids for Yash Optics & Lens IPO, Jay Kailash Namkeen IPO, and K2 Infragen IPO, all from the SME segment, will wrap up on April 3rd. Additionally, Aluwind Architectural IPO and Creative Graphics Solutions India IPO, also from the SME segment, will conclude on April 4th.

Upcoming IPO Details

Bharti Hexacom IPO

Bharti Hexacom IPO is poised to open for subscription on April 3, 2024, and will conclude on April 5, 2024. This book-built issue, valued at Rs 4,275 crores, consists entirely of an offer for sale of 7.5 crore shares. With a price band set at Rs 542 to Rs 570 per share, investors are eagerly anticipating the offering, facilitated by top-notch book-running lead managers including SBI Capital Markets Limited, Axis Capital Limited, and others.

Radiowalla IPO

Radiowalla has opened its IPO bidding for subscriptions from March 27, 2024, until April 2, 2024. With a fresh issue of 18.75 lakh shares valued at Rs 14.25 crores, Radiowalla's IPO is generating significant interest among investors. Priced between Rs 72 to Rs 76 per share, this IPO is managed by Narnolia Financial Services Ltd as the book-running lead manager.

TAC Infosec IPO

TAC Infosec's IPO bidding commenced on March 27, 2024, and will continue until April 2, 2024, offering investors a chance to secure their stake in this burgeoning sector. With a fresh issue of 28.3 lakh shares valued at Rs 29.99 crores, TAC Infosec's IPO is priced at Rs 100 to Rs 106 per share. Beeline Capital Advisors Pvt Ltd spearheads the offering as the book-running lead manager.

Yash Optics & Lens IPO

Yash Optics & Lens bidding for IPO opened on March 27, 2024, and will conclude on April 3, 2024, offering investors a chance to partake in its growth trajectory. With a fresh issue of 65.62 lakh shares valued at Rs 53.15 crores, priced between Rs 75 to Rs 81 per share, Yash Optics & Lens IPO is managed by Shreni Shares Limited.

Jay Kailash Namkeen IPO

Jay Kailash Namkeen IPO bidding opened on March 28, 2024, and will continue until April 3, 2024, for this fresh issue of 16.34 lakh shares valued at Rs 11.93 crores. Priced at Rs 70 to Rs 73 per share, Jay Kailash Namkeen's IPO is managed by Expert Global Consultants Private Limited.

K2 Infragen IPO

K2 Infragen's IPO bidding opened on March 28, 2024, and will close on April 3, 2024, for this fresh issue of 34.07 lakh shares valued at Rs 40.54 crores. Priced between Rs 111 to Rs 119 per share, K2 Infragen's IPO is managed by Expert Global Consultants Private Limited.

Aluwind Architectural IPO and Creative Graphics Solutions India IPO

Aluwind Architectural and Creative Graphics Solutions India's IPO fixed-price issue of Rs 29.70 crores and Creative Graphics Solutions India's book-built issue of Rs 54.40 crores present enticing opportunities for investors looking to diversify their portfolios.

New Listings:

SRM Contractors IPO

The SRM Contractors IPO is set to debut on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) with the allotment expected to be finalized on Monday, April 1, 2024. Investors eyeing this listing can mark their calendars for the tentative listing date fixed for Wednesday, April 3, 2024, as the company makes its foray into the public market.

Vishwas Agri Seeds IPO

Having finalized its allotment on Wednesday, March 27, 2024, Vishwas Agri Seeds IPO is scheduled to be listed exclusively on the NSE SME platform on April 1, 2024, providing investors with an opportunity to tap into the agriculture sector.

Naman In-Store (India) IPO

Investors can expect the listing of Naman In-Store (India) IPO on the NSE SME on Tuesday, April 2, 2024, following the finalization of its allotment on Thursday, March 28, 2024.

GConnect Logitech IPO

GConnect Logitech IPO, awaiting allotment finalization on Monday, April 1, 2024, is slated to list on the BSE SME, adding another dimension to the small and medium enterprise segment. Investors can anticipate its listing on Wednesday, April 3, 2024.

Aspire & Innovative IPO

The Aspire & Innovative IPO, with its allotment expected to be finalized on Monday, April 1, 2024, is poised to make its debut on the NSE SME platform on Wednesday, April 3, 2024, offering investors an opportunity to explore innovative ventures.

Blue Pebble IPO

With allotment details to be finalized on Monday, April 1, 2024, investors can anticipate the listing of Blue Pebble IPO on the NSE SME on Wednesday, April 3, 2024, potentially attracting attention with its market debut.

Vruddhi Engineering Works IPO

Marking its entry into the public market, Vruddhi Engineering Works IPO is expected to be listed on the BSE SME following the finalization of its allotment on Monday, April 1, 2024, providing investors with exposure to the engineering sector.

Trust Fintech IPO

Investors eyeing opportunities in the fintech sector can watch out for Trust Fintech IPO, with allotment details expected to be finalized on Tuesday, April 2, 2024, and listing on the NSE SME tentatively scheduled for Thursday, April 4, 2024.

TAC Infosec IPO and Radiowalla IPO

Finally, TAC Infosec IPO and Radiowalla IPO are set to round off the week with their allotment finalization expected on Wednesday, April 3, 2024. These IPOs will be listed on the NSE SME, offering investors a diverse range of choices in the small and medium enterprise segment.

With a plethora of offerings spanning technology, creativity, security, and infrastructure, these upcoming IPOs promise to inject dynamism into the market and offer investors a chance to capitalize on the latest trends and innovations.

Disclaimer: The opinions and suggestions provided above represent the views of individual analysts and do not reflect those of GoodReturns or the author. We recommend investors consult with certified experts before making any investment decisions.