Mon Dec 30 12:40:56 UTC 2024: **Several IPOs to Open for Subscription in the Final Week of 2024 and Early 2025**

**Mumbai, India** – The Indian primary market continues its strong performance into the end of 2024, with a flurry of Initial Public Offerings (IPOs) slated to open for subscription in the coming week. A diverse range of companies, from large-cap players to small and medium enterprises (SMEs), are tapping into investor interest.

Leading the pack is Indo Farm Equipment, whose IPO will open on December 31st, 2024, and close on January 2nd, 2025. Aiming to raise Rs 260.15 crores through a combination of fresh issue and offer for sale, the price band is set at Rs 204-215 per share. Current grey market premium (GMP) suggests a potential listing price significantly higher than the upper price band.

Several SMEs are also launching IPOs. Technichem Organics, opening alongside Indo Farm, aims to raise Rs 25.25 crores through a fresh issue. Its price band is Rs 52-55 per share, with a positive GMP indicating potential for higher listing. Leo Dry Fruits and Spices IPO, opening January 1st-3rd, 2025, will raise Rs 25.12 crores and has a price band of Rs 51-52 per share. Davin Sons IPO, a fixed price issue at Rs 55 per share, will open January 2nd-6th and aim to raise Rs 8.78 crores. Finally, Fabtech Technologies will launch its IPO from January 3rd-7th, 2025, with a price band of Rs 80-85 per share aiming to raise Rs 27.74 crores. All SME IPOs will list on the BSE SME platform.

Investors are advised to conduct thorough due diligence before subscribing to any IPO. The information provided is based on current market trends and may change.

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