Attention investors! Look out for these IPOs this week

By Dwaipayan Roy

Feb 23, 2025

01:06 pm

What's the story

The primary market in India will see the launch of new initial public offerings (IPOs) in the small and medium enterprise (SME) segment this week.

The announcement comes amid a massive surge in IPO listings and fundraising activities in FY 2025.

The funds raised through these activities have tripled to ₹1,53,987 crore in FY25, from just ₹4.9 crore in FY20.

IPO #1

Nukleus Office Solutions's IPO will open for subscription on February 24 and close on February 27.

The fixed price issue is worth ₹31.70 crore, comprising a fresh issue of 13.55 lakh shares at ₹234 per share.

Sundae Capital Advisors will be the book-running lead manager and Bigshare Services Pvt Ltd will be the registrar to the issue.

IPO #2

Shreenath Paper's IPO will open for subscription on February 25 and close on February 28.

The SME IPO is a fixed price issue of ₹23.36 crore, with a fresh issue of 53.10 lakh shares priced at ₹44 per share.

Galactico Corporate Services Limited will serve as book-running lead manager, while Bigshare Services Pvt Ltd will be the registrar.

IPO #3

Balaji Phosphates's IPO will open on February 28 and end on March 4.

The book built issue comprises a fresh issue of 59.40 lakh shares and an offer for sale of 12.18 lakh stocks.

Arihant Capital Markets Ltd will be the book-running lead manager. Meanwhile, Skyline Financial Services Private Ltd will serve as the registrar.

IPO #4

HP Telecom India's IPO opened for subscription on February 20 and will close on February 24.

The SME IPO is a fixed price issue of ₹34.23 crore, with a fresh issue of 31.69 lakh shares priced at ₹108 per share.

Interactive Financial Services Ltd is the book-running lead manager while Bigshare Services Pvt Ltd is the registrar for this issue.

IPO #5

Swasth Foodtech's IPO opened for subscription on February 20 and will close on February 24.

The SME IPO is a fixed price issue of ₹14.92 crore, with a fresh issue of 15.88 lakh shares priced at ₹94 per share.

Horizon Management Private Limited will be the book-running lead manager and Mas Services Limited will be the registrar to this issue.

IPO #6

Beezaasan Explotech's IPO opened for subscription on February 21 and will close on February 25.

The SME IPO is a book built issue of ₹59.93 crore, with a fresh issue of 34.25 lakh shares priced between ₹165 to ₹175 per stock.

Smart Horizon Capital Advisors Private Limited is the book-running lead manager, and Kfin Technologies Limited is the registrar.