The Indian primary market is set for a bustling final fortnight of 2025, with a flurry of activity from small and medium enterprises (SMEs) taking centre stage. The coming week will see a total of eleven new public issues open for subscription, ten of which belong to the SME segment. This surge highlights the continued investor appetite for new investment avenues as the year draws to a close.
A Lone Mainboard Contender Amid SME Dominance
While SMEs dominate the calendar, the mainboard segment will see one significant entry. The Gujarat Kidney & Super Speciality IPO is scheduled to open on Monday, December 22, and will close on Wednesday, December 24. The company aims to raise over ₹251 crore through this public offering. The price band for the issue has been fixed between ₹108 to ₹114 per share. Nirbhay Capital Services is acting as the book-running lead manager, with MUFG Intime India serving as the registrar.
Detailed Schedule for SME IPO Subscriptions
The SME IPO pipeline is packed with diverse companies from various sectors. The subscription window for several issues will commence simultaneously.
Opening on December 22 (Closing December 24):
- Sundrex Oil IPO
- Shyam Dhani Industries IPO
- Dachepalli Publishers IPO
- EPW India IPO
Opening on December 23 (Closing December 26):
- Apollo Techno Industries IPO
- Bai Kakaji Polymers IPO
- Admach Systems IPO
- Nanta Tech IPO
- Dhara Rail Projects IPO
Furthermore, the E to E Transportation Infrastructure IPO will open for subscription on Friday, December 26.
Key Listings to Watch on D-Street
Apart from new subscriptions, the secondary market will welcome several newly listed equities. Five IPOs are slated to make their trading debut in the coming week.
KSH International IPO, a mainboard issue, is tentatively set to list on both the BSE and NSE on December 23.
In the SME space, four companies are preparing for their listing day:
- Neptune Logitek IPO will list on BSE SME on December 22.
- Global Ocean Logistics India IPO is scheduled for a BSE SME listing on December 24.
- MARC Technocrats IPO will debut on NSE SME on December 24.
- Phytochem Remedies (India) IPO will list on BSE SME on December 26.
This dual action of new subscriptions and listings indicates a vibrant and liquid primary market, offering multiple opportunities for market participants. Investors are advised to conduct thorough due diligence and consult with certified investment advisors before committing funds to any of these public issues.
