Upcoming IPOs in February 2025

IPOs

Key Aspects

Arisinfra Solutions

The company's IPO dates are yet to be announced. It aims to raise ₹600 crores entirely of fresh issue. Reservations will be limited to 10% for retail quota, 15% for HNI, and at least 75% for QIB.

Ajax Engineering

Ajax Engineering IPO is a book-built issue of Rs 1,269.35 crores. The issue is entirely an offer for sale of 2.02 crore shares. The Company will open its IPO on February 10 and close on February 12.

Avanse Financial Services

The firm is expected to launch an IPO to generate around ₹3,500 crores, consisting of a fresh issue of shares worth INR 1000 crores and an offer to sell existing shares worth INR 2,500 crores. Reservations will be capped at 50% for QIB, not less than 15% for HNI, and at least 35% for retail investors.

Vikram Solar

IPO has an offering that includes a fresh issue of ₹1,500 crores and an offer for sale of up to 17,450,882 equity shares. Reservations will be capped at 50% for QIB, not less than 15% for HNI, and at least 35% for retail investors.

JSW Cement

The IPO will raise ₹4,000 crore, with ₹2,000 crore coming from a fresh issue of shares with a face value of ₹ 10 each and ₹2,000 crore from an offer for sale (OFS). Reservations will be capped at 50% for QIB, not less than 15% for HNI, and at least 35% for retail investors..

Ather Energy

There is an offer for sale of up to 22,000,766 Equity Shares of face value of ₹ 1 each. The firm is also expected to launch an IPO with a fresh issue of ₹3,100.00 crores. Reservations will be limited to 10% for retail quota, 15% for HNI, and at least 75% for QIB. There is also shareholder quota for Hero Motorcorp Ltd. Shareholders.

Star Agriwarehousing

The IPO includes a fresh issue of ₹450 crores and an offer for sale of up to 26,919,270 equity shares. Reservations will be capped at 50% for QIB, not less than 15% for HNI, and at least 35% for retail investors.

Vikran Engineering

The company is set to raise ₹1,000 crore through an IPO, with a fresh issue of ₹ 900 crore and an offer for sale worth ₹ 100 crore. Reservations will be capped at 50% for QIB, not less than 15% for HNI, and at least 35% for retail investors.

IPOs

Key Aspects

Chamunda Electrical

The IPO is a book built issue of Rs 14.60 crores. The issue is entirely a fresh issue of 29.19 lakh shares.QIB not more than 50%, HNI not less than 15% and Retail not less than 35%. IPO opened on February 4 and closes on February 6. The allotment for IPO is expected to be finalized on Friday, February 7, 2025. Chamunda Electricals IPO will list on NSE SME with tentative listing date fixed as Tuesday, February 11, 2025.

Ken Enterprises

IPO opened on February 5 and closes on February 7 with the aim to raise ₹83.65 crores. The IPO consists of a fresh issue of 61.99 lakh shares, raising ₹58.27 crores, along with an offer for sale of 27.00 lakh shares, amounting to ₹25.38 crores. At least fifty percent of the allocation will be reserved for retail individual investors, while the rest will go to other investors, including corporate bodies or institutions. The allotment process is expected to be finalized on Monday, February 10, 2025. Ken Enterprises is set to debut on the NSE SME, with the tentative listing date scheduled for Wednesday, February 12, 2025.

Readymix Construction Machinery

IPO will open on February 6 and close on February 10 to raise ₹37.66 crores, comprising a fresh issue of 30.62 lakh shares. The allotment process is expected to be finalized on Tuesday, February 11, 2025. Readymix Construction is set to debut on the NSE SME, with a tentative listing date scheduled for Thursday, February 13, 2025. The retail quota is not less than 35%, QIB is not more than 50%, and HNI is not less than 15%.

Eleganz Interiors

The IPO opens on February 7 and closes on February 11, with a goal of raising ₹78.07 crores. The issue is entirely a fresh issue of 60.05 lakh shares. The retail quota is not less than 35%, QIB is not more than 50%, and HNI is not less than 15%. The allotment for the IPO is expected to be finalized on February 12, 2025. Eleganz Interiors IPO will list on NSE SME with a tentative listing date fixed as February 14, 2025.

Rosmerta Digital Services

The company aims to raise ₹206.33 crores via IPO, which is an entirely fresh issue of ₹206.33 crores with a face value of ₹2 each. The retail quota is not more than 35%, a QIB of less than 50%, and an HNI of not more than 15%.The IPO date has yet to be announced.

Solar91 Cleantech

IPO aims to raise ₹106 crores. The issue is entirely a fresh issue of ₹106 crores. The IPO date is yet to be announced.

Chandan Healthcare

Chandan Healthcare is set to launch a book-built IPO valued at ₹107.36 crores. This is an SME IPO with a combination of a fresh issue of 46.00 lakh shares amounting to ₹70.79 crores and an offer for sale of 23.00 lakh shares worth ₹36.57 crores. The IPO will be open from February 10, 2025, to February 12, 2025. The allotment process is expected to be finalized on February 13, 2025. Chandan Healthcare is gearing up for its debut on the NSE SME on Monday, February 17, 2025. The retail quota is not less than 35%, QIB is not more than 50%, and HNI is not less than 15%.

Amwill Healthcare

Amwill Healthcare is set to launch its IPO, raising a total of ₹59.98 crores. The offering includes a fresh issue of 44.04 lakh shares worth ₹48.88 crores and an offer for sale of 10.00 lakh shares amounting to ₹11.10 crores. The retail quota is not less than 40%, QIB is not more than 20%, and HNI is not less than 40%.

Bidding for the IPO starts from February 5, 2025, to February 7, 2025. The allotment process is expected to be finalized by February 10, 2025. Amwill Healthcare is gearing up for its listing on the BSE SME, with a tentative debut scheduled for Wednesday, February 12, 2025.

Solarium Green

Solarium Green is launching its IPO with a total issue size of ₹105.04 crores, consisting entirely of a fresh issue of 55.00 lakh shares. The retail quota is not less than 35%, QIB is not more than 50%, and HNI is not less than 15%.

The subscription window for the IPO will open from February 6, 2025, to February 10, 2025. The allotment process is expected to be finalized by February 11, 2025. Solarium Green is preparing for its listing on the BSE SME, with a tentative debut scheduled for Thursday, February 13, 2025.

PS Raj Steels

PS Raj Steels is launching its IPO with a total issue size of ₹28.28 crores, consisting entirely of a fresh issue of 20.20 lakh shares. The retail quota is not less than 35%, QIB is not more than 50%, and HNI is not less than 15%.

The subscription window for the IPO will open from February 12, 2025, to February 14, 2025. The allotment process is expected to be finalized by February 17, 2025. PS Raj Steels is preparing for its listing on the NSE SME, with a tentative debut scheduled for Wednesday, February 19, 2025.