Table of Contents
Vishal Mega Mart IPO GMP
The Indian stock market is abuzz with excitement as 11 companies are set to enter the public market next week, collectively aiming to raise around Rs 18,500 crore. These IPOs will cover a range of sectors and deal sizes, including both fresh issues and offers for sale. Vishal Mega Mart IPO GMP
Vishal Mega Mart: The Retail Giant’s IPO
Among these, five main board IPOs fromVishal Mega Mart IPO GMP, TPG Capital-backed Sai Life Sciences, fintech firm One Mobikwik Systems, Inventurus Knowledge Solutions Ltd, and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd will open for public subscription. Vishal Mega Mart plans to raise Rs 8,000 crore through its IPO, which will consist of an offer-for-sale (OFS) of shares by the promoter, Kedaara Capital-led Samayat Services LLP, with no fresh issuance of equity shares. Vishal Mega Mart IPO GMP
Sai Life Sciences: A Fresh Issue Worth Rs 3,043 Crore
The price band for Vishal Mega Mart IPO GMP has been set at Rs 74 to Rs 78 per share. On the other hand, Sai Life Sciences has announced a price band of Rs 522 to Rs 549 per share for its IPO worth Rs 3,043 crore. The IPO includes a fresh issue of equity shares worth Rs 950 crore and an offer-for-sale (OFS) of 3.81 crore shares by promoters, investors, and other shareholders.
Mobikwik IPO: Aiming to Raise Rs 572 Crore
The Mobikwik IPO aims to raise Rs 572 crore through a fresh issue of 2.05 crore shares, with a price band set between Rs 265 and Rs 279 per share. Meanwhile, Inventurus Knowledge Solutions is offering 1.88 crore shares through an entirely offer-for-sale (OFS) issue, with merchant bankers estimating the issue size at Rs 2,500 crore.
International Gemmological Institute: Aiming to Raise Rs 4,225 Crore
International Gemmological Institute is eyeing Rs 4,225 crore through the IPO, with a fresh issue of equity shares worth Rs 1,475 crore and an OFS valued at Rs 2,750 crore by promoter BCP Asia II TopCo Pte Ltd, an affiliate of Blackstone.
A Strong Market Sentiment
The Maharashtra election results and the UP Lok Sabha by-election outcomes have created a positive market sentiment, which could drive IPO activity and fundraising efforts. Trivesh D, COO of Tradejini, an online brokerage firm, stated that the positive market sentiment is likely to attract more investors to the primary market.
IPO Activity in 2024
Although 2024 has been a strong year for IPOs, some recent listings have struggled in the secondary market. Underscoring the persistent challenge of pricing during a bull run, when issuers often aim for higher valuations. So far in 2024, 78 mainboard companies, including Hyundai Motor India, Swiggy, NTPC Green Energy, Bajaj Housing Finance, and Ola Electric Mobility, have raised a total of approximately Rs 1.4 lakh crore through IPOs. Vishal Mega Mart IPO GMP
IPO Investors’ Returns
Over the last five fiscal years, IPO investors have seen impressive gains. Between FY21 and FY25, 236 IPOs generated an average listing gain of 27 percent for retail investors, with current returns surging to 105 percent as of October 31, 2024. Vishal Mega Mart IPO GMP
Upcoming SME IPOs
In addition to these main board IPOs, six SMEs are also set to launch their maiden public offerings next week, aiming to raise over Rs 150 crore in total. The companies are entering the primary market to offer an exit for existing shareholders, raise funds for expansion, pay off debt, and meet working capital needs. Vishal Mega Mart IPO GMP
The Importance of IPO
The primary market is experiencing strong interest from issuers and investors across various sectors. Trivesh stated that the primary market is crucial for issuers to access funds and for investors to participate in the growth story of companies. The upcoming SME IPOs are expected to attract significant attention from retail investors. Vishal Mega Mart IPO GMP
Vishal Mega Mart’s IPO: A Mega Market Opportunity
The Vishal Mega Mart IPO has been generating buzz among investors, with a price band set at Rs 74 to Rs 78 per share. The company plans to raise Rs 8,000 crore through its IPO, which will consist of an offer-for-sale (OFS) of shares by the promoter, Kedaara Capital-led Samayat Services LLP, with no fresh issuance of equity shares.
Conclusion
The upcoming IPOs, including Vishal Mega Mart’s IPO, are expected to attract significant attention from investors. With a strong market sentiment and impressive returns for IPO investors in recent years, these IPOs offer a mega market opportunity for those looking to invest in the Indian stock market. Vishal Mega Mart IPO GMP