look news india
There is a stir in the IPO market, and the same trend is expected to remain in 2025. In the first month of January, 24 companies have made their debut on Dalal Street, and an additional 5 companies are likely to be listed in this month, which will make the total new listings to 29. Of these 24 of these listed IPOs are under SME category. Other mainboard IPOs include companies such as Stallion India Fluorochemicals, Quadrant Future Tech and Indo Farm Equipment, which have received excellent response from investors. Overall, 21 out of 24 IPOs have been subscribed to more than 100 times the subscription.
Mainboard IPO performance
Out of the six mainboard IPOs listed in January, 5 received more than 100 times subscription. At the same time, 16 out of 18 SME category have also achieved more than 100 times subscription. So far this month, 24 companies have collectively raised ₹ 4243 crore. In the calendar year 2024, more than 332 companies collected ₹ 1.8 trillions through IPO, out of which 81 were raised through the mainboard.
Most subscribed IPO
Fabtech Technologies Cleanroom Limited has been subscribed to 688 times this month. It is currently trading at ₹ 289 per share, which is its IPO issue price ₹ 85 to 240% more. This is followed by Indobel Insulation, Sat Kartar Shopping, Akanksha Power and Kabra Jewels, who are trading up from 85% to 189% against their respective issue price. According to the trendline, in January, 24 companies have collectively raised ₹ 4,243 crore from investors.