Upcoming IPOs: Blackbuck IPO among 4 issues to open, Swiggy IPO listing and more

The week starting Monday, November 11, is set to be a busy one for investors who track the primary markets. Three SME issues and the mainboard issue of Zinka Logistics Solution Limited (Blackbuck) will open for subscription next week. On the other hand, shares of Sagility India, Swiggy Limited, ACME Solar Holdings and Niva Bupa Health Insurance Company will make their D-street debut in the upcoming week.

Here’s a look at all the primary market actions expected in the coming days:

Blackbuck IPO

The initial public offer of Zinka Logistics Solution Limited, which manages the Blackbuck App for truck operators, will open for subscription on Wednesday, November 13. The issue will close for bidding on Monday, November 18.

Blackbuck IPO, a book-building issue worth ₹1,114.72 crore, consists of a fresh issuance of 2.01 crore shares, aimed at raising ₹550 crore, and an offer-for-sale (OFS) of 2.07 crore shares, amounting to ₹564.72 crore.

The price band for the IPO has been fixed at ₹259 to ₹273 per share. Retail investors can bid for a minimum lot size of 54 shares, which aggregates to an investment of ₹14,742.

The share allotment status of the IPO will be finalised on Tuesday, November 19. Shares of Zinka Logistics will be listed on the BSE and NSE. The tentative listing date has been fixed as November 21.

3 SME IPOs To Open For Subscription

As many as 3 SME issues will open for bidding next week.

The subscription window for Mangal Compusolution IPO (Mangal Compusolution Limited IPO) will open on Tuesday, November 12. The three-day bidding window is scheduled to close on Thursday, November 14.

Mangal Compusolution aims to raise ₹16.23 crore through an entirely fresh issue of 36.06 lakh shares.

The IPO is a fixed price issue with an issue price of ₹45 per share. Retail investors can bid for a minimum lot size of 3,000 shares, which aggregates to an investment of ₹1,35,000.

The share allotment status of the IPO will be finalised on November 18. Shares of the company will list on the BSE SME platform. The tentative listing date for the company’s shares is Wednesday, November 20.

Onyx Biotec IPO

The initial public offering of pharmaceutical company Onyx Biotec Limited will open for subscription on Wednesday, November 13. The issue will close on Monday, November 18.

The company aims to raise ₹29.34 crore through an entirely fresh issuance of 48.1 lakh shares.

The price band for the IPO has been fixed at ₹58 to ₹61 per share. Retail investors can bid for a minimum lot size of 2000 shares, which aggregates to an investment of ₹1,22,000.

The share allotment status of the IPO will be finalised on November 19. Shares of the company will list on the NSE SME platform, Emerge. The tentative listing date for the public issue is November 21.

Rosmerta Digital Services IPO

The initial public offer of Rosmerta Digital Services Limited will open for subscription on November 18 and close on November 21. The IPO consists of a fresh issuance of 140.36 lakh shares aimed at raising ₹206.33 crore.

The IPO price band has been set at ₹140 to ₹147 per share. Retail investors interested in applying for the issue can bid for a minimum of 1,000 shares, which aggregates to an investment of ₹1,47,000.

The IPO share allotment status is expected to be finalised on Friday, November 22. Shares of the company will be listed on the BSE SME platform. The tentative listing date for the company’s shares is Tuesday, November 26.

Subscription of 3 IPOs to close next week

The subscription window for Niva Bupa Health Insurance Company IPO and Neelam Linens and Garments (India) IPO will close on November 11 and November 12, respectively. On the other hand, Mangal Compusolution Limited IPO is scheduled to close on November 14.

Swiggy among 4 companies to make market debut

Niva Bupa Health Insurance IPO listing date has been tentatively fixed as November 14.

Big-ticket IPOs to watch out for

Investors are also keeping watch on the launch of big-ticket IPOs such as NTPC Green Energy and Avanse Financial Services, later this month.

The two IPOs are likely to open in the coming weeks in November, though official announcements are yet to be made.

NTPC Green Energy IPO is a book-building issue worth ₹10,000 crore. The initial public offering of the NTPC’s renewable energy arm is expected to be an entirely fresh issue of shares and there will be no OFS portion.

Avanse Financial Services IPO is worth ₹3,500 crore and consists of a fresh issuance of ₹1,000 crore along with an OFS of ₹2,500 crore.