February 2025 IPO Market Heats Up: A Week of New Offerings and Listings

The Indian IPO market is experiencing a surge in activity, with nine companies opening their initial public offerings (IPOs) for investment and six companies scheduled to list on the stock exchanges this week. This presents a diverse range of opportunities for investors across various sectors. IPOs Opening This Week: Chandan Healthcare: Opens February 10, closes February 12, with a price band of ₹151 to ₹159 per share. The IPO is a book-built issue consisting of a fresh issue of ₹70.79 crores and an offer for sale of 22,99,936 equity shares. PS Raj Steels: Opens February 12, closes February 14, with a price band of ₹132 to ₹140 per share. The IPO is a book-built issue valued at ₹28.28 crores, entirely from fresh issues. MaxVolt Energy: Opens February 12, closes February 14, aiming to raise ₹54.00 crores through an offer for sale of 6,00,000 equity shares. The price band is set between ₹171 and ₹180 per share. Hexaware Technologies: Opens February 12, closes February 14, with a price band of ₹674 to ₹708 per share. The company aims to raise ₹8,750.00 crores through the sale of 12,35,87,570 equity shares. Eleganz Interiors: Opened February 7 and closes February 11, with a price band of ₹123 to ₹130. The company aims to raise ₹78.06 crores via a fresh issue of equity shares. Readymix Construction Machinery: Opened February 6 and closes February 10, with a price band of ₹121 to ₹123 per share13. The company is offering a fresh issue of ₹37.66 crores. Solarium Green Energy: Opened February 6 and closes February 10, with an IPO price between ₹181 and ₹1913. The IPO consists of a fresh issue of 55.00 lakh shares, aiming to raise ₹105.04 crores. Ajax Engineering Limited: Opens February 10, and closed February 12, with a price band of ₹599 and ₹629 for each share. The IPO aims to raise ₹1269.35 crores through a fresh issue. Voler Cars: Opens February 12 and closes February 14, with an IPO price of ₹90 per share. The company aims to raise around ₹27 crores. IPOs Scheduled for Listing This Week: Chamunda Electrical: Scheduled to list on NSE on February 11. Amwill Health Care: Listing on February 12. Ken Enterprises: To list on NSE on February 12. Readymix Construction Machinery: IPO listing on February 13 on NSE emerge. Solarium Green Energy: Tentative listing date is February 13 on BSE SME. Eleganz Interiors: IPO to list on NSE on February 14. Other IPO Information: Arisinfra Solutions: Plans to raise around ₹600 crores in fresh issues and will be listed on both BSE and NSE Quality Power: IPO opens on February 14. Hexaware Technologies IPO: Allotment is expected on February 17. Source: ipowatch, groww