IPOs this week: The primary market is set to remain active next week, with five mainboard companies and six SME companies preparing to launch their initial public offerings (IPOs). Ranging from fintechs to supermarket chains, these mainboard IPOs are expected to collectively raise over ₹19,000 crore, reflecting strong investor interest across diverse sectors.
Vishal Mega Mart IPO will open for subscription on Wednesday, December 11, and close on Friday, December 13. The mainboard IPO will list on BSE and NSE with a tentative listing date as on December 18.
Vishal Mega Mart IPO price band is set at ₹74 to ₹78 per share and the IPO lot size is 190 shares. Vishal Mega Mart is a hypermarket chain and plans to raise ₹8,000 crore from the book-built issue which is entirely an offer-for-sale (OFS) of 102.56 crore equity shares.
Kotak Mahindra Capital Company, ICICI Securities, Intensive Fiscal Services, Jefferies India, JP Morgan India and Morgan Stanley India Company are the book running lead managers of the Vishal Mega Mart IPO, while Kfin Technologies is the IPO registrar.