IPOs For Last Week of January: Check The Full List
We have officially entered the final week of January 2025. Like the whole month, the IPO momentum continues to remain strong, with five more companies gearing up to debut on NSE or BSE.
Here's a rundown of the IPOs you can look forward to:
Dr Agarwal’s Health Care IPO (Mainboard)
Dr Agarwal’s Health Care IPO, with an issue size of Rs 3,027.26 crore, will be open for bidding from January 29 to January 31. The IPO is a combination of a Fresh Issue and an Offer for Sale.
The proceeds will majorly be used to pay the company’s borrowings. Overall, the company revenue from operations recorded a profit of ₹1,332.15 crore in fiscal 2024, up from ₹1,017.98 crore in fiscal 2023.
About Dr Agarwal’s Health Care: The company offers a wide range of eye care services, including cataract surgeries, refractive surgeries, consultations, diagnostic services, non-surgical treatments, and other surgical procedures.
Malpani Pipes Limited IPO(SME)
Bidding for the Malpani Pipes Limited IPO starts on Wednesday, January 29, 2025, and the company will be listed on BSE SME on February 5. The IPO is an entirely fresh issue with an issue size of Rs 25.92 crores.
In terms of revenue, Malpani Pipes recorded a 70.96% increase in revenue from operations in fiscal 2024 (Rs 1,409.62 crore) compared to 2023 (Rs 824.51 crore).
About Malpani Pipes Limited: The company manufactures high-grade plastic pipes, including High-Density Polyethylene (HDPE), Medium-Density Polyethylene (MDPE), and linear low-density polyethylene (LLDPE) Pipes.
HM Electro Mech Limited IPO(SME)
Bidding for HM Electro Mech Limited started on January 24, 2025, and will conclude on January 28, 2025. Like Malpani Pipes, this IPO is also a fresh issue of 36.99 lakh shares. The minimum investment required to apply for this IPO is ₹1,20,000.
The proceeds from the issue will be used towards working capital requirements and general corporate purposes.
About HM Electro Mech Limited: HM Electro Mech Limited is ISO 9001:2015 certified and a Class ‘AA’ company involved in turnkey projects, including the supply, installation, testing, commissioning of pumping machinery, comprehensive operation and maintenance services.
GB Logistics Commerce IPO (SME)
The GB Logistics Commerce IPO, with a fresh issue of 24.58 lakh shares, will open for subscription on January 24 and close on January 28. It is an SME IPO, which will be listed at BSE SME on January 31, 2025.
About GB Logistics Commerce: GB Logistics Commerce operates in two verticals, i.e.,
- Logistics
- Trading of Agricultural Commodities
CLN Energy Limited IPO (SME)
Last but not the least, we have CLN Energy Limited IPO with an issue size of Rs 72.30 crores. The subscription period is between January 23 to January 27, with a tentative listing on January 30.
About CLN Energy Limited: The company manufacturers Lithium-ion Batteries and powertrain components of electric vehicles and offers B2B solutions for both mobility and traction applications.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.