As we head towards the end of 2024, several exciting IPOs have captured the attention of investors. Below, we cover four prominent ones that are currently active in the market: International Gemmological Institute (IGI) IPO, Hamps Bio IPO, Yash Highvoltage IPO, and Inventurus Knowledge Solutions IPO. Each IPO presents unique opportunities, from established global players to emerging industry leaders. Let's dive into the details of these IPOs.

International Gemmological Institute (IGI) IPO: The Leader in Certification

International Gemmological Institute (IGI) is a world-renowned entity, providing diamond, gem, and jewelry grading, as well as education and appraisals since 1975. It is currently the second-largest independent certification and accreditation services provider globally, with an impressive 33% market share as of 2023.

IPO Details:

• Issue Type: Book-built
• Issue Size: ₹4,225 Crores
  • Fresh Issue: ₹1,475 Crores (353.71 Lakh shares)
  • Offer for Sale: ₹2,750 Crores (659.47 Lakh shares)
• Price Band: ₹397 to ₹417 per share
• Market Capitalization: ₹18,020.85 Crores at upper price band
• Subscription Period: December 13, 2024, to December 17, 2024
• Listing Date: December 20, 2024 (tentative)
• Lot Size: 35 shares
• Investment Requirement: ₹14,595 for retail investors, ₹2,04,330 for HNIs

Grey Market Premium (GMP): ₹85, indicating a 20.28% potential listing gain. As of December 13, 2024, the GMP is quite stable, showing consistent interest in the shares.

Objectives: The company intends to use the proceeds from the fresh issue for acquiring the IGI Belgium Group and IGI Netherlands Group, along with general corporate purposes.

Hamps Bio IPO: A Small Player with Big Ambitions

Hamps Bio is a relatively small player involved in the marketing and distribution of pharmaceutical formulations and freeze-dried food products. With a strong brand presence in the pharmaceutical and FMCG segments, Hamps Bio seeks to raise funds to expand its operations.

IPO Details:

• Issue Type: Fixed Price
• Issue Size: ₹6.22 Crores (Fresh Issue of 12.20 Lakh shares)
• Price: ₹51 per share
• Market Capitalization: ₹22.21 Crores at issue price
• Subscription Period: December 13, 2024, to December 17, 2024
• Listing Date: December 20, 2024 (tentative)
• Lot Size: 2,000 shares
• Investment Requirement: ₹1,02,000 for retail investors, ₹2,04,000 for HNIs

Grey Market Premium (GMP): ₹14, indicating a 27.45% potential listing gain. As of December 13, 2024, the GMP has been showing a positive trend, with the expected listing price jumping to ₹65.

Objectives: The company plans to use the fresh issue proceeds for:

• Purchasing plant and machinery for its FMCG division.
• Increasing brand visibility.
• General corporate purposes.

Yash Highvoltage IPO: Powering the Future

Yash Highvoltage Ltd. specializes in high-voltage transformer bushings, serving utilities and industrial markets globally. With decades of proven reliability, the company is emerging as an Indian leader in power engineering.

IPO Details:

• Issue Type: Book-built
• Issue Size: ₹110 Crores
  • Fresh Issue: ₹93.51 Crores (64.05 Lakh shares)
  • Offer for Sale: ₹16.49 Crores (11.30 Lakh shares)
• Price Band: ₹138 to ₹146 per share
• Market Capitalization: ₹416.84 Crores at upper price band
• Subscription Period: December 12, 2024, to December 16, 2024
• Listing Date: December 19, 2024 (tentative)
• Lot Size: 1,000 shares
• Investment Requirement: ₹1,46,000 for retail investors, ₹2,92,000 for HNIs

Grey Market Premium (GMP): ₹107, showing an impressive 73.63% potential listing gain. The GMP has been consistently strong, reflecting high demand in the unlisted market.

Objectives: The IPO proceeds will be used for:

• Setting up a new factory to manufacture Resin Impregnated Paper (RIP) and Resin Impregnated Synthetic (RIS) transformer bushings.
• General corporate purposes.

Inventurus Knowledge Solutions IPO: Redefining Healthcare Enablement

Inventurus Knowledge Solutions is a leader in healthcare enablement, focusing on streamlining administrative, clinical, and operational tasks to help clinicians provide better care. Their platform aims to empower clinicians and create value by building healthier communities and financially sustainable healthcare enterprises.

IPO Details:

• Issue Type: Book-built
• Issue Size: ₹2,497.92 Crores (entirely an Offer for Sale of 187.95 Lakh shares)
• Price Band: ₹1,265 to ₹1,329 per share
• Market Capitalization: ₹22,802.07 Crores at upper price band
• Subscription Period: December 12, 2024, to December 16, 2024
• Listing Date: December 19, 2024 (tentative)
• Lot Size: 11 shares
• Investment Requirement: ₹14,619 for retail investors, ₹2,04,666 for HNIs

Grey Market Premium (GMP): ₹334, indicating a 25.11% potential listing gain. The GMP has been strong, reflecting investor confidence in the healthcare enablement space.

Objectives: The proceeds from the fresh issue will be used for general corporate purposes.

Conclusion: A Diversified Set of Opportunities

Each of these IPOs brings a different set of opportunities and risks. Whether you're considering investing in IGI, a global leader in gem certification, or a small but promising player like Hamps Bio, there’s something for every investor. With Yash Highvoltage focusing on the power sector and Inventurus Knowledge Solutions redefining healthcare, the diversity of sectors ensures a range of choices.

The Upcoming IPOs in this week and coming weeks are NACDAC Infrastructure, Transrail Lighting, Mamata Machinery, Identical Brain Studios, Rosmerta Digital, Indo Farm, DAM Capital and Avanse Financial.

The Current active IPO is and International Gemmological, Hamps Bio, Yash Highvoltage and Inventurus Knowledge.

The Closed IPOs are  Sai Life Sciences, Mobikwik, Vishal Mega Mart, Supreme Facility and Purple United.