Two new initial public offerings (IPOs) will open for investors next week, featuring one mainboard IPO and one SME public issue.
Dr Agarwal’s Healthcare is set to launch its IPO in the mainline segment on January 29, remaining open until January 31. This IPO aims to raise approximately $402 million at the upper price band, including a fresh issue of 7.462 million equity shares and an offer for sale of 67.8 million equity shares.
The price band is set at ₹382-402 per share, with a minimum lot size of 35 shares costing ₹14,070 at the upper price band. Retail investors can apply for a maximum of 14 lots (490 shares), requiring an investment of ₹196,980.
The allotment for Dr Agarwal’s Healthcare shares is expected to be finalized on February 3, with shares likely credited to demat accounts by February 4. The company’s shares are tentatively scheduled to debut on the BSE and NSE on February 5.
In addition, six companies are preparing for their stock market debut in the upcoming week. In the mainline segment, the allotment of Denta Water and Infra Solutions shares is expected on January 27, with the listing likely on January 29 on the BSE and NSE.
From January 20 to January 24, several IPOs made their debut in the primary market, reflecting strong investor interest.
The IPO market has been quite buoyant this year, with multiple public offers generating buzz. Investors remain optimistic as new IPOs continue to open for subscription, according to a report by Pantomath Capital Advisors Private Limited. The market’s resilience, even after previous corrections, highlights opportunities for investors.
“We project a robust fundraising year, potentially exceeding $24 billion, as the primary market continues to gain traction,” the report added.
