Mon Dec 30 04:00:00 UTC 2024: ## IPO Rush to End 2024 and Kick Off 2025: Several Companies Set to Debut on Stock Exchanges

**Mumbai, India – December 28, 2024** – The Indian stock market is gearing up for a flurry of initial public offerings (IPOs) in the coming week, with several companies set to launch their offerings and others preparing for their market debut.

Indo Farm Equipment, a manufacturer of farming equipment, will lead the charge with a mainboard IPO opening on December 31st. Aiming to raise ₹260 crore (approximately $31 million USD), the IPO will include a fresh issue of ₹185 crore and an offer-for-sale of ₹75 crore. The price band is set at ₹204-215 per share, with the subscription closing on January 2nd.

Several other companies are also preparing for their IPOs in the coming days, including Technichem Organics (SME IPO, ₹25.25 crore, opening December 31st), Leo Dry Fruits and Spices Trading (₹25.1 crore, opening January 1st), and Fabtech Technologies Cleanrooms (pharmaceutical company, opening January 3rd; price band yet to be announced).

Meanwhile, the excitement builds for the listings of six companies next week. Ventive Hospitality, Senores Pharmaceuticals, and Carraro India are all slated to list on December 30th, followed by Unimech Aerospace and Manufacturing on December 31st. The grey market is already showing significant investor interest, with Unimech Aerospace trading at an 80%+ premium, Senores Pharmaceuticals at 60%, and Ventive Hospitality at 10%. Carraro India currently shows no grey market premium.

This surge of IPO activity signals a strong finish to 2024 and a promising start to 2025 for the Indian capital markets.

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