Today marks the closing of four key Initial Public Offerings (IPOs): Avax Apparels and Ornaments, BR Goyal Infrastructure, Delta Autocorp, and Quadrant Future-Tek. These IPOs span different sectors, ranging from textiles and infrastructure to electric vehicles and technology. Here’s a comprehensive overview of each IPO:

1. Avax Apparels and Ornaments IPO

Avax Apparels and Ornaments specializes in wholesale knitted fabric trading and silver jewelry retail. It operates across Punjab, supplying knitted textiles for both men’s and women’s jackets and offering a wide variety of silver jewelry items like rings, bangles, chains, and more. The IPO will raise ₹1.92 crores with a fixed price of ₹70 per share.

• Market Capitalization: ₹7.27 crores
• Share Price: ₹70
• Lot Size: 2,000 shares
• Minimum Investment for Retail Investors: ₹1,40,000
• Subscription Period: January 7-9, 2025
• Tentative Listing Date: January 14, 2025
• Lead Manager: SKI Capital Services Limited
• Registrar: Skyline Financial Services Pvt. Ltd.
• Market Maker: SKI Capital Services Limited

2. BR Goyal Infrastructure IPO

BR Goyal Infrastructure is a prominent name in the infrastructure sector, focusing on roads, highways, and urban development. With over 35 years of experience, the company has been instrumental in shaping India's infrastructure landscape. The IPO is offering a price range between ₹128 to ₹135 per share, aiming to raise ₹85.21 crores.

• Market Capitalization: ₹321.63 crores
• Share Price Range: ₹128-₹135
• Lot Size: 1,000 shares
• Minimum Investment for Retail Investors: ₹1,35,000
• Subscription Period: January 7-9, 2025
• Tentative Listing Date: January 14, 2025
• Lead Manager: BEELINE Capital Advisors Pvt. Ltd.
• Registrar: Link Intime India Pvt. Ltd.
• Market Maker: Spread X Securities Pvt. Ltd.

3. Delta Autocorp IPO

Delta Autocorp is focused on electric vehicle (EV) innovation and climate-tech solutions. The company has made strides in providing rugged EV mobility across India, especially in diverse terrains. The IPO, offering shares at ₹123 to ₹130 each, is raising ₹54.60 crores.

• Market Capitalization: ₹198.76 crores
• Share Price Range: ₹123-₹130
• Lot Size: 1,000 shares
• Minimum Investment for Retail Investors: ₹1,30,000
• Subscription Period: January 7-9, 2025
• Tentative Listing Date: January 14, 2025
• Lead Manager: GYR Capital Advisors Pvt. Ltd.
• Registrar: Link Intime India Pvt. Ltd.
• Market Maker: Giriraj Stock Broking Pvt. Ltd.

4. Quadrant Future-Tek IPO

Quadrant Future-Tek is a technology-driven company with a strong presence in the production of electronics and cables. The company is well-equipped with manufacturing facilities in Mohali and engineering centers in Bangalore and Hyderabad. The IPO, priced between ₹275 and ₹290 per share, will raise ₹290 crores.

• Market Capitalization: ₹1,160 crores
• Share Price Range: ₹275-₹290
• Lot Size: 50 shares
• Minimum Investment for Retail Investors: ₹14,500
• Subscription Period: January 7-9, 2025
• Tentative Listing Date: January 14, 2025
• Lead Manager: Sundae Capital Advisors Pvt. Ltd.
• Registrar: Integrated Link Intime India Pvt. Ltd.

Key Metrics and Recommendations

Each of these IPOs is gearing up for a strong listing with varying levels of subscription and market capitalization. Retail investors looking for opportunities in emerging sectors like electric mobility, infrastructure development, and textiles may find these IPOs appealing. Given the differences in market capitalization, industry dynamics, and pricing strategies, investors should assess their risk tolerance and investment preferences before proceeding.

For IPOs like Avax Apparels and BR Goyal Infrastructure, the fixed price and smaller market caps make them viable for investors seeking lower-entry options with the potential for moderate returns. On the other hand, Quadrant Future-Tek and Delta Autocorp offer larger capital raises and are in sectors with high growth potential, such as technology and electric vehicles, respectively.

With the subscription closing today, investors should also monitor the Grey Market Premium (GMP) and allotment status closely for potential listing gains.

The Upcoming IPOs in this week and coming weeks are Sat Kartar Shopping,Barflex Polyfilms and Laxmi Dental.

The Current active IPO are Standard Glass Lining, Quadrant Future, Capital Infra Trust, Delta Autocorp, Avax Apparels, B R Goyal.