Five IPOs To Open On December 19 - List, Lot Sizes, Price Bands, Key Dates

In a significant development for investors, five companies are set to open their initial public offerings (IPOs) for public subscription on Thursday, December 19, 2024. The offerings include DAM Capital Advisors, Transrail Lighting, Sanathan Textiles, Concord Enviro Systems, and Mamata Machinery. Each company has set unique price bands, lot sizes, and issue structures to cater to retail and non-institutional investors.

Here is a detailed breakdown of each IPO , including critical dates, price bands, and investment requirements.

DAM Capital Advisors IPO

DAM Capital Advisors' IPO is an offer for sale (OFS) worth Rs 840.25 crore. The entire issue consists of 2.97 crore shares being offered by existing shareholders.

Key Dates: The IPO opens on December 19, 2024, and closes on December 23, 2024. Allotment will be finalized on December 24, with the tentative listing date set for December 27 on the BSE and NSE , as per the market tracker websites.
Price Band: The price band is set at Rs 269 to Rs 283 per share.
Lot Size: The minimum lot size is 53 shares. Retail investors will need a minimum investment of Rs 14,999. Small Non-Institutional Investors (sNII) require 14 lots (742 shares) amounting to Rs 2,09,986, while Big Non-Institutional Investors (bNII) need 67 lots (3,551 shares) totalling Rs 10,04,933.
Nuvama Wealth Management Limited is the lead manager for the issue, and Link Intime India Private Ltd is the registrar.

Transrail Lighting IPO

Transrail Lighting's IPO is a mix of a fresh issue and an OFS, aggregating to Rs 838.91 crore. The fresh issue comprises 0.93 crore shares worth Rs 400 crore, while the OFS consists of 1.02 crore shares totalling Rs 438.91 crore.
Key Dates: The issue opens on December 19, 2024, and closes on December 23, 2024. The allotment will be finalized on December 24, with the listing tentatively set for December 27 on the BSE and NSE, as per the sites that track markets. 
Price Band: The price band is Rs 410 to Rs 432 per share.
Lot Size: The minimum application size is 34 shares, requiring a retail investment of Rs 14,688.
The issue's book-running lead managers are Inga Ventures Pvt Ltd, Axis Capital Limited, HDFC Bank Limited, and IDBI Capital Market Services Limited, with Link Intime India as the registrar.

Sanathan Textiles IPO

Sanathan Textiles aims to raise Rs 550 crore through its IPO, consisting of a fresh issue of 1.25 crore shares worth Rs 400 crore and an OFS of 0.47 crore shares aggregating to Rs 150 crore.

Key Dates: The IPO will open on December 19, 2024, and close on December 23, 2024. The allotment is scheduled for December 24, with the tentative listing date on December 27, as market tracker sites. 
Price Band: The price band is Rs 305 to Rs 321 per share.
Lot Size: Investors can bid for a minimum lot size of 46 shares. Retail investors need a minimum investment of Rs 14,766, while sNII can invest in 14 lots (644 shares) totalling Rs 2,06,724. For bNII, 68 lots (3,128 shares) amount to Rs 10,04,088.
Dam Capital Advisors Ltd (formerly IDFC Securities Ltd) and ICICI Securities Limited are the book-running lead managers. Kfin Technologies Limited is the registrar for the issue.

Concord Enviro Systems IPO

Concord Enviro Systems' IPO will raise Rs 500.33 crore. The issue includes a fresh issue of 0.25 crore shares worth Rs 175 crore and an OFS of 0.46 crore shares aggregating to Rs 325.33 crore.

Key Dates: The IPO opens for subscription on December 19, 2024, and closes on December 23, 2024. Allotment will be finalized on December 24, and the listing is tentatively scheduled for December 27 on the BSE and NSE, as per the market tracker website. 
Price Band: The price band is Rs 665 to Rs 701 per share.
Lot Size: The minimum application size is 21 shares, requiring a retail investment of Rs 14,721. For sNII, 14 lots (294 shares) total Rs 2,06,094, and for bNII, 68 lots (1,428 shares) amount to Rs 10,01,028.
Motilal Oswal Investment Advisors Limited and Equirus Capital Private Limited are the book-running lead managers, while Link Intime India is the registrar.

Mamata Machinery IPO

Mamata Machinery's IPO is an OFS worth Rs 179.39 crore, with 0.74 crore shares being offered by existing stakeholders.
Key Dates: The IPO opens on December 19, 2024, and closes on December 23, 2024. Allotment will be finalized on December 24, and the listing is tentatively scheduled for December 27, according to market tracker website. 
Price Band: The price band is Rs 230 to Rs 243 per share.
Lot Size: The minimum lot size is 61 shares, requiring a retail investment of Rs 14,823. For sNII, 14 lots (854 shares) total Rs 2,07,522, and bNII require 68 lots (4,148 shares) amounting to Rs 10,07,964.
Beeline Capital Advisors Pvt Ltd is the book-running lead manager, and Link Intime India is the registrar.

Also Read: IPOs This Week: Full List Of Mainstream And SME IPOs On BSE, NSE - Subscription Dates, Price Band | Republic Business