The upcoming IPOs this week promise opportunities for investors, with 9 notable debuts scheduled between February 10-14. These IPOs span diverse sectors, offering a chance to explore new growth stories. Here’s a quick look at the key highlights to watch out for.
Ajax Engineering is launching an IPO worth ₹1,269 crore. The entire issue consists of an offer-for-sale (OFS) of 2.01 crore equity shares by existing shareholders, including investor Kedaara Capital Fund II LLP, which will exit the company via the offer-for-sale.
Ajax Engineering IPO will be open for subscription from February 10, 2025, and closes on February 12, 2025. The price band is ₹599 to ₹629 per share, and the minimum lot size is 23 shares. Retail investors need to invest at least ₹14,467.
Hexaware Technologies, a leading IT services firm owned by US private equity giant Carlyle, is launching an IPO worth ₹8,750 crore. The entire issue will be an offer-for-sale (OFS) by its promoter, CA Magnum Holdings.
The Hexaware Technologies IPO will be open for subscription from February 12, 2025, and close on February 14, 2025. The price band is ₹674 to ₹708 per share, and the minimum lot size is 21 shares. Retail investors will need to invest a minimum of ₹14,148.
Quality Power, a provider of high-voltage electrical equipment and solutions, is launching an IPO to raise ₹225 crore. The IPO will comprise both a fresh issue and an offer-for-sale, with 1.49 crore equity shares being sold by existing shareholders.
The Quality Power IPO will be open for subscription from February 14, 2025, and will close on February 18, 2025. The price band is expected to be ₹400 to ₹430 per share, with a minimum lot size of 35 shares. Retail investors will need to invest a minimum of ₹15,400.
Chandan Healthcare, a pathology and radiology testing services provider, is launching an IPO to raise ₹107.4 crore. This will be a combination of a fresh issue of 44.52 lakh shares worth ₹70.79 crore, and an offer-for-sale (OFS) of 22.99 lakh shares valued at ₹36.57 crore.
The Chandan Healthcare IPO will be open for subscription from February 10, 2025, and close on February 12, 2025. The price band is ₹151 to ₹159 per share, and the minimum lot size is 90 shares. Retail investors need to invest at least ₹14,310.
PS Raj Steels, a manufacturer of stainless steel pipes and tubes based in Hisar, is set to launch its maiden public issue worth ₹28 crore. This will be a book-built issue with no fresh issue or OFS.
The PS Raj Steels IPO will be open for subscription from February 12, 2025, and close on February 14, 2025. The price band is ₹132 to ₹140 per share, and the minimum lot size is 100 shares. Retail investors will need to invest a minimum of ₹14,000.
Voler Car, a company providing employee transportation services, is launching an IPO to raise ₹27 crore.
The Voler Car IPO will be open for subscription from February 12, 2025, and close on February 14, 2025. The price band is ₹85 to ₹90 per share, with a minimum lot size of 120 shares. Retail investors need to invest at least ₹10,800.
Maxvolt Energy, which manufactures lithium-ion batteries for electric vehicles, energy storage, and electronics, is launching an IPO worth ₹54 crore.
The Maxvolt Energy Industries IPO will be open for subscription from February 12, 2025, and close on February 14, 2025. The price band is ₹120 to ₹125 per share, and the minimum lot size is 100 shares. Retail investors need to invest at least ₹12,500.
LK Mehta Polymers, a plastic products manufacturer, is set to launch its fixed-price IPO to raise ₹7.38 crore.
The LK Mehta Polymers IPO will be open for subscription from February 13, 2025, and close on February 17, 2025. The issue price has been fixed at ₹71 per share, and the minimum lot size is 100 shares. Retail investors need to invest at least ₹7,100.
Shanmuga Hospital, a multispecialty hospital based in Tamil Nadu, is launching an IPO to raise ₹20.62 crore. The issue price has been fixed at ₹54 per share.
The Shanmuga Hospital IPO will be open for subscription from February 13, 2025, and close on February 17, 2025. The minimum lot size is 200 shares, and retail investors will need to invest at least ₹10,800.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Feb 10, 2025, 9:07 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
