Upcoming IPOs in December 2024

The craze for IPOs (Initial Public Offerings) in the Indian stock market is growing rapidly. While 57 IPOs were listed in 2023, a record-breaking 75 IPOs have already been listed in 2024. December also brings tremendous opportunities for IPO investors. Let’s find out which companies are launching their IPOs this month and why they are special for investors.

Vishal Mega Mart’s IPO

  • Target: ₹8,000 crore
  • Type: Offer for Sale (OFS)
  • Details: This retail chain company will raise capital through the sale of promoter ‘Samay Services LLP’ shares.
  • Significance: Vishal Mega Mart’s IPO is highly anticipated, expected to create a significant buzz in the retail sector.

International Gemological Institute (IGI)’s IPO

  • Target: ₹4,000 crore
  • Equity Shares: New equity shares worth ₹1,250 crore
  • OFS: Blackstone’s subsidiary ‘BCP Asia Top’ will bring an Offer for Sale of ₹2,750 crore.
  • Details: This diamond grading firm’s IPO is quite popular among investors.

Avanse Financial Services’ IPO

  • Target: ₹3,500 crore
  • Proposal: New issue and promoter share sale
  • Objective: The company will use this fund to strengthen its capital base.

PropShare Platina REIT’s IPO

  • Target: ₹3,353 crore
  • Opening Date: December 2
  • Price Range: ₹10 lakh to ₹10.5 lakh per unit
  • Details: This is India’s first Small and Medium Real Estate Investment Trust (REIT), including commercial office spaces in Bengaluru.

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Also Read: The Downfall of Ola Electric

Other Major IPOs:

  • Suraksha Diagnostic: Diagnostic chain company
  • Mamta Machinery: Packaging equipment manufacturer
  • Transrail Lighting: Electrical and lighting sector company

Future Big IPOs:

Several major IPOs are also expected in early 2025, including:

  • Moove Quik
  • Navi Technologies
  • boAt
  • OYO
  • FabIndia
  • Biba

Over the past five financial years, IPO investors have earned an average profit of 27%. A total of 236 IPOs were launched from FY 2020-21 to 2024-25. Most IPOs have given good profits to investors on the listing day itself.

Also Read: 3 Major Upcoming IPOs in 2025: Reliance Jio IPO and 2 more

Conclusion:

The upcoming IPOs in December will create a new wave in the market. By understanding the fundamentals of these companies and the market situation, investors can earn good profits. Always seek expert advice before investing in IPOs and invest in the right ones to strengthen your portfolio.

Disclaimer: Investments in the stock market are subject to market risks. Please do your research or consult your financial advisor before making investments and make decisions accordingly. This article aims to inform and increase awareness among the general public, investors, and traders.

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Disclaimer: Investing in the stock market is subject to market risks. Please do your research or consult your financial advisor before making any decisions. The information provided in this article aims to educate and inform investors and traders.

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