Seven New IPOs Set to Launch; Six Companies to List on Dalal Street Next Week

Mumbai: The second week of January 2025 promises to be a bustling one for the Indian stock market, with seven Initial Public Offerings (IPOs) slated to open and six companies gearing up for their listings on the exchanges.

Here’s a breakdown of the upcoming IPOs and listings:

Also Read: Investors Shift Towards Multi-Asset Strategy Amid Volatile Indian Stock Markets

Key IPOs to Watch Next Week

1. Standard Glass Lining Technology IPO
   • Open Dates: January 6 to 8
   • Issue Size: Rs 410.05 crore
   • Price Band: Rs 133–140
   • Highlights: Manufacturer of engineering equipment for the pharmaceutical and chemical sectors, the company raised Rs 123.02 crore via an anchor book on January 3.
2. Quadrant Future Tek IPO
   • Open Dates: January 7 to 9
   • Issue Size: Rs 290 crore
   • Price Band: Rs 275–290
   • Highlights: Developer of next-gen train control and signalling systems under Indian Railways’ Kavach project, the company is expected to list on January 14.
3. Capital Infra Trust InvIT IPO
   • Open Dates: January 7 to 9
   • Issue Size: Rs 1,578 crore
   • Price Band: Rs 99–100
   • Highlights: Infrastructure investment trust aiming to capitalize on India’s growing infra sector.
4. Four SME IPOs:
   • BR Goyal Infrastructure IPO: Rs 85.21 crore (January 6 open)
   • Delta Autocorp IPO: Rs 54.60 crore (January 6 open)
   • Indobell Insulation IPO: Rs 10.14 crore (January 6 open)
   • Avax Apparels and Ornaments IPO: Rs 1.92 crore (January 6 open)

Listings on Dalal Street Next Week

1. Indo Farm Equipment (Mainboard Listing)
   • Listing Date: January 7
   • IPO Size: Rs 260 crore
   • Subscription Rate: Subscribed 229.68 times, indicating strong investor demand.
2. Five SME Company Listings:
   • Technichem Organics Ltd
   • Leo Dry Fruits and Spices Trading Ltd
   • Devin Sons Retail Ltd
   • Parmeshwar Metal Ltd
   • Fabtech Technologies Cleanrooms Ltd

All SME listings are scheduled during the week and are expected to see significant trading activity.

Key Insights for Investors

• The Standard Glass Lining Technology IPO is expected to garner strong interest due to its anchor book funding and its focus on critical pharmaceutical and chemical sectors.
• Quadrant Future Tek’s association with Indian Railways’ Kavach project could make it a favorite among tech-focused investors.
• SME IPOs, including BR Goyal Infrastructure and Delta Autocorp, offer potential opportunities for high returns given their smaller issue sizes and niche sectors.