Next week’s IPO calendar: 4 new issues out of 15 listings on investors’ radar, ICICI Prudential AMC

India’s primary market pipeline remains active in the third week of December, led by mainboard offerings from KSH International, next week at around Rs. Four public issues worth Rs 830 crore are to be opened. Apart from this, investors will also focus on a busy listing calendar, with as many as 15 companies making their debut on the exchanges, including high-profile names such as ICICI Prudential AMC, Corona Remedies and Park Medi World.

Lists galore

ICICI Prudential AMC is the most waiting list for next week. The issue received a steady response with just over 50% subscription on the first day. As far as the debut outlook is concerned, the company has Rs. is commanding a GMP of 249, an 11% premium over the IPO price.

In another mainboard listing, there is buzz in the unofficial market around Corona Remedies, which is boasting a GMP of 30% over the issue price. Nephrocare, meanwhile, has 7% GMP, reflecting moderate listing expectations, followed by Wakefit, which has a paltry 5% GMP.

In the SME segment, KV Toys has a strong GMP of 63% and looks set for a strong listing, while other IPOs have not fared much.

KSH International IPO

KSH International will open its public issue in the Mainboard segment on Tuesday, December 16 and close on Thursday, December 18. per share Rs. 365 to Rs. The issue size in the range of 384 is approximately Rs. 710 crore and will be listed on both BSE and NSE.

Led by Nuwama Wealth Management, KSH International is the biggest IPO opening next week and is expected to anchor overall sentiment in the primary market, especially as investors gauge appetite for big-ticket issues after a heavy December so far.

SME IPO Pipeline

While the mainboard pipeline remains relatively light in terms of new openings, activity in the SME segment continues. Neptune Logitek will start the week on Monday, December 15, with its Rs. 46.62 crore issue will open for subscription and close on Wednesday, December 17. The company listed on the BSE SME platform at Rs. 126 at a fixed price, with Galactico Corporate Advisors acting as lead manager.

Two more SME issues will come up in the week. MARC Technocrats will open its IPO on Wednesday, December 17 and close on Friday, December 19. The issue price per share is Rs. 88 to Rs. 93 in the band and its size is Rs. 42.59 crores. The company will be listed on the NSE SME platform with Narnolia Financial Services as the book-running lead manager.

On the same date, Global Ocean Logistics India will also open its IPO, raising Rs. 74 to Rs. will offer the shares in a price range of 78. Rs. 30.41 crore IPO will be listed on the BSE SME exchange, and the issue is being managed by Marwari Chandarana intermediaries.

In addition to the new openings, next week is shaping up to be especially busy on the listing front. Around 15 companies are expected to make their stock market debuts, making it one of the busiest listing weeks of the year. Among these, ICICI Prudential Asset Management Company stands out as a marquee listing alongside well-known names like Corona Remedies and Park Medi World, which are likely to attract significant investor attention.

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