IPO Calendar This Week: Full List Of Mainstream, SME IPOs On NSE, BSE From Dec 16-22

With 2024 nearing its end, the Indian primary market is witnessing strong momentum, as four IPOs are slated to open for subscription next week, including mainboard offerings from Mamata Machinery and Transrail Lighting.

Transrail Lighting IPO
Transrail Lighting is another key IPO hitting the market next week. The company will raise Rs 400 crore through a fresh issue of equity shares, accompanied by an Offer for Sale (OFS) of 1.01 crore shares by promoter Ajanma Holdings.

The IPO will open on December 19 and close on December 23, with anchor investors having the opportunity to bid a day earlier on December 18.

The fresh issue proceeds will be allocated toward working capital, capital expenditures, and general corporate purposes. Transrail Lighting, a leading EPC player, specializes in power transmission and distribution and has a presence in over 58 countries, enhancing its global footprint.

Mamata Machinery IPO
Mamata Machinery, based in Gujarat, is set to launch its IPO with a price band of Rs 230-243 per share, targeting a total issue size of Rs 179 crore.

The IPO will open for subscription on December 19 and remain open until December 23. The offer is entirely an Offer for Sale (OFS), with promoters and existing shareholders selling up to 73.82 lakh shares. At the upper end of the price band, the total value of the IPO will stand at Rs 179.39 crore.

Specializing in the manufacturing and export of advanced packaging machinery and plastic bag-making equipment, Mamata Machinery has carved a niche in delivering end-to-end solutions for the packaging industry. The company’s versatile machines cater to a wide range of sectors, making it an attractive player in the growing packaging machinery market.

SME Segment IPOs
In the SME segment, two IPOs will also open for subscription next week.

NACDAC IPO
NACDAC Infrastructure will launch its IPO on December 17, priced between Rs 33-35 per share. Investors can bid for 4,000 shares in a single lot.

Identical Brains Studios IPO

Another one, Identical Brains Studios will open its IPO for subscription on December 18 and the price band stands at Rs.51 to Rs.54.

With these upcoming IPOs, investors have several options to diversify their portfolios in both the mainboard and SME segments.