Upcoming IPOs: The first market is poised to witness important exercise within the upcoming week, beginning Monday, 26 Might 2025, with a sequence of preliminary public choices (IPOs) opening for public bidding. The Indian inventory market will witness the opening of 4 mainboard IPOs and 5 small and medium enterprise (SME) IPOs, other than different listings.
Information collected from Chittorgarh highlights that corporations like Aegis Vopak Terminals Ltd, Schloss Bangalore Ltd, Prostarm Information Techniques Ltd, and Scoda Tubes Ltd will open their public points for public subscription within the mainboard phase.
Aegis Vopak Terminals IPO
Aegis Vopak Terminals Restricted, a subsidiary of Aegis Logistics, plans to boost ₹2,800 crore via a wholly contemporary concern of 11.91 crore fairness shares, in response to Mint’s earlier report.
The IPO is ready to open on Monday, 26 Might 2025, and is scheduled to shut on Wednesday, 28 Might 2025.
The corporate has fastened its value band at ₹223 to ₹235 per share, with so much dimension of 63 shares per lot. ₹1,260 crore from anchor traders”>The corporate raised ₹1,260 crore from anchor traders, forward of its public concern, the place they allotted 5,36,17,021 fairness shares to 32 mutual funds on the higher value band of ₹235 per fairness share.
Aegis Vopak plans to make use of the proceeds raised from the general public concern to pay ₹2,016 crore of debt. ₹671.30 crore will likely be used to fund the corporate’s capital expenditure (Capex)to accumulate a cryogenic LPG terminal at Mangalore. The remaining funds will likely be used for basic company functions.
ICICI Securities, BNP Paribas, IIFL Capital Companies, Jefferies India and HDFC Financial institution are the book-runners for the general public concern, whereas MUFG Intime India Non-public Restricted is the registrar to the supply.
Leela Lodges IPO (Schloss Bangalore Ltd)
Brookfield-backed Schloss Bangalore Ltd is providing a mixture of a contemporary concern of fairness shares price ₹2,500 crore and an offer-for-sale (OFS) element of ₹1,000 crore because it goals to boost practically ₹3,500 crore from the general public markets via the IPO.
The IPO is ready to open on Monday, 26 Might 2025, and is scheduled to shut on Wednesday, 28 Might 2025.
The corporate has fastened the value band for the general public concern within the vary of ₹413 to ₹435 per share with so much dimension of 34 shares per lot.
The agency, which owns the lodge chain “The Leela” Palaces, Lodges and Resorts, ₹1,575 crore from anchor traders forward of its IPO”>raised ₹1,575 crore from anchor traders forward of its IPO.
Schloss Bangalore plans to make use of the cash raised from the general public concern to pay loans availed by the corporate and its subsidiaries. The remaining cash will likely be used for basic company functions.
JM Monetary, BofA Securities India, Morgan Stanley India Firm, JP Morgan India, Kotak Mahindra Capital Firm, Axis Capital, Citigroup World Markets India, IIFL Securities, ICICI Securities, Motilal Oswal Funding Advisors, and SBI Capital Markets, are the service provider banks that are managing the general public supply, in response to Mint’s earlier report.
Prostarm Information Techniques IPO
Prostarm Information Techniques IPO is ready to open on Tuesday, 27 Might 2025, and can shut on Thursday, 29 Might 2025. The corporate goals to boost ₹168 crore via a contemporary concern of 1.60 crore fairness shares from the general public markets.
The agency has fastened its value band within the vary of ₹95 to ₹105 per share with so much dimension of 142 shares per lot. Listed below are 10 issues to know earlier than you subscribe to the IPO.
The corporate goals to make use of ₹72.50 lakh from the IPO to fund its working capital necessities. ₹17.95 lakh will likely be used to prepay or repay sure borrowings to scale back the curiosity burden and enhance leverage ratios of the agency, in response to Mint’s earlier report.
Selection Capital Advisors Non-public is the book-running lead supervisor for the general public concern, whereas KFin Applied sciences Ltd is the registrar to the supply.
Scoda Tubes IPO
Scoda Tubes IPO is ready to open for public subscription on Wednesday, 28 Might 2025, and can shut on Friday, 30 Might 2025. The corporate goals to boost ₹275 crore via a wholly contemporary issuance of shares from the Indian inventory market.
The corporate has fastened the value band for the general public concern within the vary of ₹130 to ₹140 per share with so much dimension of 100 shares per lot.
In keeping with Mint’s earlier report, the Gujarat-based Scoda Tubes plans to make use of as much as ₹105 crore from the IPO proceeds for the agency’s capital expenditure must develop the manufacturing capability by 10,000 million tonnes every year and welded tubes and pipes by 12,130 MTPA. In addition they purpose to make use of ₹110 crore for the working capital wants of the agency.
Monarch Community Capital is the book-running lead supervisor for the general public concern, whereas MUFG Intime India Pvt Ltd is the registrar for the supply.
Upcoming SME IPOs
5 small and medium enterprises (SME) IPOs are poised to open for public subscription this week.
1. Astonea Labs IPO: Astonea Labs is providing a contemporary concern of 27.90 lakh fairness shares. The SME IPO is ready to open for bidding on Tuesday, 27 Might 2025, and shut on Thursday, 29 Might 2025. The difficulty will likely be listed on the BSE SME index. The corporate has fastened the value band for the IPO within the vary of ₹128 to ₹135, with a minimal lot dimension of 1,000 shares per lot.
2. Blue Water Logistics IPO: Blue Water Logistics is providing a wholly contemporary concern of 30 lakh fairness shares, which is able to open for public bidding on Tuesday, 27 Might 2025, and can shut on Thursday, 29 Might 2025. The corporate has fastened the value band for the IPO within the vary of ₹132 to ₹235 per share with so much dimension of 1,000 shares per lot. The IPO will likely be listed on the NSE SME index.
3. Nikita Papers IPO: Nikita Papers is providing a contemporary concern of 64.94 lakh fairness shares, because the subscription is poised to open for public bidding on Tuesday, 27 Might 2025, and can shut on Thursday, 29 Might 2025. The corporate has fastened the value band for the IPO within the vary of ₹95 to ₹104 per share with so much dimension of 1,200 shares per lot. The IPO will likely be listed within the NSE SME index.
4. Neptune Petrochemicals IPO: Neptune Petrochemicals is providing a contemporary concern of 60 lakh shares because the IPO is ready to open for public subscription on Wednesday, 28 Might 2025, and is ready to shut on Friday, 30 Might 2025. The corporate has fastened the value band for the IPO within the vary of ₹115 to ₹122 per share with so much dimension of 1,000 shares per lot. The IPO will likely be listed within the NSE SME index.
5. NR Vandana Textile IPO: NR Vandana Textile is providing a contemporary concern of 61.98 fairness shares. The general public concern will open for subscription on Wednesday, 28 Might 2025, and is scheduled to shut on Friday, 30 Might 2025. The corporate fastened the value band for the general public concern within the vary of ₹42 to ₹45 per share, with so much dimension of three,000 shares per lot. The IPO will likely be listed within the NSE SME index.
Upcoming IPO Listings
1. Borana Weaves IPO: The general public concern is estimated to be listed on Tuesday, 27 Might 2025.
2. Dar Credit score and Capital IPO: The general public concern is anticipated to be listed on the inventory markets on Wednesday, 29 Might 2025.
3. Belrise Industries IPO: The general public concern is anticipated to be listed on Wednesday, 28 Might 2025.
4. Unified Information-Tech IPO: The general public concern is anticipated to be listed on Thursday, 29 Might 2025.
Disclaimer: This story is for instructional functions solely. The views and suggestions above are these of particular person analysts or broking corporations, not Mint. We advise traders to examine with licensed specialists earlier than making any funding selections.
