The Indian IPO market will see high activity in the next week as four new public issues and two listings are planned. Following is the list of upcoming IPOs and listings:
Upcoming IPOs
Divine Hira Jewellers Ltd IPO: This SME IPO will open on March 17 and close on March 19. The issue size is ₹31.84 crore with a fixed price of ₹90 per share.
Paradeep Parivahan Ltd IPO: Open on March 17 and close on March 19, the issue size for this SME IPO is ₹44.86 crore. The price band is between ₹93 to ₹98 per share.
Super Iron Foundry Ltd IPO: It is expected to open on March 11 and close on March 13, with an issue size of ₹68.05 crore. The price was determined at ₹108 per equity share.
PDP Shipping & Projects Ltd IPO: It had opened on March 10 and closed on March 12 with an issue size of ₹12.65 crore. The issue price was set at ₹135 per share.
Listings Scheduled
NAPS Global India IPO: Listed on 11th March, this SME IPO was available for subscription between 4th to 6th March, with a fixed price of ₹90 per share.
Balaji Phosphates IPO: Listed on 5th March, this SME IPO was available between 28th February to 4th March, with a price band between ₹66 and ₹70 per share.
Market Outlook
India's IPO market has begun the year 2025 on a strong note, with a number of new issues and listings in the pipeline. These are being followed closely by investors as they promise growth and diversification for their portfolios.
Source: MoneyControl, Financial Express, IPO Watch, Angel One, Upstox