Upcoming IPO in December 2024, This week, several exciting IPOs are set to hit the Indian stock market. Here are some key offerings to watch out for:
Vishal Mega Mart IPO:
Sector: Retail
Issue Size: ₹8,000 crore
This well-known retail chain’s IPO is highly anticipated due to its expansive presence across India
Mobikwik IPO:
Sector: Fintech (Digital Payments)
This digital wallet and payment services company is making waves, given the growth of digital transactions in India
IKS Health IPO:
Sector: Healthcare Solutions
Issue Size: ₹2,500 crore
Supported by key investors like Rakesh Jhunjhunwala’s family trust, IKS Health offers medical support services.
Sai Life Sciences IPO:
Sector: Pharmaceuticals
Known for its work in contract research and manufacturing, this IPO appeals to investors in the healthcare space
International Gemological Institute (IGI) IPO:
Sector: Certification Services
IGI offers services in certifying and grading gemstones and diamonds, tapping into India’s robust jewelry market
How to Apply for These IPOs:
You can apply for these IPOs through the ASBA (Application Supported by Blocked Amount) service via your bank or using UPI-enabled apps provided by stock brokers like:-
Zerodha:
Type: Discount Broker
Specialty: Low brokerage fees, user-friendly Kite platform, and extensive educational content.
Website: zerodha.com
Upstox:
Type: Discount Broker
Specialty: Competitive fees, fast trading platforms, and UPI-based IPO applications.
Website: upstox.com
Angel One (Angel Broking):
Type: Full-Service Broker
Specialty: Personalized services, detailed research reports, and IPO investments.
Website: angelone.in
ICICI Direct:
Type: Full-Service Broker
Specialty: Integrated 3-in-1 account (savings, trading, demat), excellent research and advisory services.
Website: icicidirect.com
Groww:
Type: Discount Broker
Specialty: Easy-to-use mobile app, suitable for beginners, and seamless mutual fund and IPO investments.
Website: groww.in
HDFC Securities:
Type: Full-Service Broker
Specialty: Robust trading platforms, in-depth analysis, and seamless HDFC Bank integration.
Website: hdfcsec.com
Motilal Oswal:
Type: Full-Service Broker
Specialty: Strong research capabilities, advisory services, and diverse investment options.
Website: motilaloswal.com
Sharekhan:
Type: Full-Service Broker
Specialty: Good research tools, educational resources, and robust trading platforms.
Website: sharekhan.com
Tips for Investors:
Research the Fundamentals: Understand the company’s business model and financial health.
Check the GMP (Grey Market Premium): This can provide insights into investor sentiment.
Diversify: IPOs can add new sectors to your investment portfolio, reducing risk.
Top 10 FAQs About IPOs This Week:
What are the main IPOs coming up this week?
This week, key IPOs include Vishal Mega Mart, Mobikwik, IKS Health, Sai Life Sciences, and International Gemmological Institute
How can I apply for these IPOs?
You can apply through ASBA (Application Supported by Blocked Amount) via your bank’s net banking portal or use UPI-enabled apps like Zerodha, Upstox, and Groww
What is the total amount these IPOs are expected to raise?
These IPOs are expected to collectively raise around ₹18,340 crore
What is a Grey Market Premium (GMP)?
GMP is the price at which IPO shares are traded in the unofficial market before they are listed. It gives an indication of potential listing gains
When are the subscription dates for these IPOs?
The subscription periods for most IPOs this week are between December 11 and December 13, 2024
What sectors do these IPOs cover?
These IPOs span sectors like retail, fintech, healthcare, pharmaceuticals, and certification services
Are these IPOs suitable for first-time investors?
Yes, IPOs can be suitable for first-time investors, but it’s essential to research the company’s fundamentals before investing
What are the risks of investing in an IPO?
IPOs can be volatile. Risks include overvaluation, poor market conditions, or lower-than-expected listing gains
What is an Offer for Sale (OFS) in an IPO?
An OFS allows existing shareholders to sell their stake in the company without diluting ownership
How can I check the allotment status of these IPOs?
You can check the allotment status on the registrar’s website (like Link Intime or KFintech) or through BSE/NSE portals
