IPO Calendar This Week: Wakefit, Corona Remedies Among 9 Launches; Meesho To Lead In Listing

IPO Calendar This Week: The second week of December will remain abuzz with launches of new issues and the listing of several prominent ones, including Meesho. There are a total of 12 new issues to be opened

for subscription this week, between December 08 to December 12. This includes both the mainboard and SMEs. Moreover, IPOs that were opened last week will be listed throughout the week on different dates.

IPOs Opening This Week (Dec 8–Dec 12)

The action kicks off on Monday, December 8, with a strong lineup of eight issues.

Wakefit Innovations Ltd. will be the marquee name to watch. The D2C furniture and home-solutions brand is looking to raise Rs 1,288.89 crore, with a price band set at Rs 185–195, managed by Axis Capital. Alongside Wakefit, pharma company Corona Remedies Ltd. opens its Rs 655.37 crore IPO in the Rs 1008–1062 band.

In the SME space, Riddhi Display Equipments, Prodocs Solutions, K. V. Toys India, and Flywings Simulator Training Centre will also be tapping the market with small-sized issues ranging between Rs 24 crore and Rs 57 crore.

From Wednesday, December 10, fresh subscriptions will open for four more companies:

• Shipwaves Online Ltd., a BSE SME issue at Rs 56.35
• Park Medi World Ltd., with a band of Rs 154–162 for a Rs 920 crore fundraise
• Nephrocare Health Services Ltd., a healthcare mainboard issue priced at Rs 438–460
• Unisem Agritech Ltd., another SME issue at Rs 63–65

Issues Currently Open (Dec 5–Dec 9 Window)

A set of five issues are already live in the market and will continue accepting bids until Tuesday, December 9.

Among them, Methodhub Software Ltd. (Rs 103 crore, Rs 190–194 band) and Encompass Design India Ltd. (ScaleSauce IPO, Rs 40.21 crore, Rs 101–107 band) are seeing healthy interest in the SME category. Aviation-training player Flywings Simulator and design consultancy Encompass Design remain key offerings in the mid-sized SME segment.

Listings This Week

The spotlight will be on Meesho Ltd., which closed its book on December 5. It is expected to be listed on December 10. The e-commerce major is eyeing Rs 5,421.20 crore, making it one of the biggest tech listings of the year. Close behind is Aequs Ltd., the aerospace components manufacturer, planning to raise Rs 921.81 crore. Both will list once approvals and allotments are completed.

Also awaiting listing are:

Vidya Wires Ltd. (Rs 300.01 crore)

Shri Kanha Stainless Ltd. (Rs 46.28 crore)

Neochem Bio Solutions Ltd. (Rs 44.97 crore)

Helloji Holidays Ltd. (Rs 10.96 crore)

All closed their subscriptions last week and are expected to debut on exchanges soon, depending on registrar timelines.

Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.