In India, the IPO market is currently witnessing a number of exciting offerings, including companies from diverse sectors such as textiles, healthcare, solar energy, and tech services. If you are keen on staying updated with the latest Initial Public Offerings (IPOs), here’s a comprehensive guide on the active IPOs as of now, including Neelam Linens, Niva Bupa, Acme Solar, Swiggy, and Sagility India. These IPOs are generating interest due to their diverse market presence and investor potential. Let’s dive into the IPO details, subscription status, and other key metrics for each of these companies.

1. Neelam Linens and Garments IPO - Subscription Status: 1.19x

The Neelam Linens and Garments IPO is one of the active offerings in the NSE SME segment, currently open for subscription. The IPO price range is set between ₹20 to ₹24 per share, and the listing date is November 18, 2024. The IPO has seen a subscription of 1.19x as of the latest update, signaling positive investor sentiment. Despite no Grey Market Premium (GMP) being recorded at present, the subscription rate suggests that the market is responding cautiously but steadily to this textile industry player.

With this offering, Neelam Linens aims to expand its reach in the market and raise funds for its future growth. Investors should keep an eye on this IPO for potential opportunities, especially given its modest price range.

2. Niva Bupa Health Insurance IPO - Subscription Status: 0.78x

Niva Bupa Health Insurance is another prominent IPO that has garnered attention, especially in the healthcare sector. The IPO opened on November 7, 2024, and will close on November 11, 2024. The price range for Niva Bupa shares is between ₹70 and ₹74 per share, and the listing date is scheduled for November 14, 2024.

Currently, the IPO subscription stands at 0.78x, which reflects moderate investor interest. This relatively lower subscription rate may indicate that investors are exercising caution, possibly due to broader market conditions or the price point of the IPO. However, Niva Bupa, being a key player in the health insurance industry, is likely to see significant interest once it lists.

3. Acme Solar Holdings IPO - Subscription Status: 1.20x

In the solar energy sector, Acme Solar Holdings is another IPO currently making waves. The company closed its IPO on November 8, 2024, and it recorded a subscription of 1.20x. This is a solid indication of the market’s confidence in the company, as it focuses on renewable energy solutions.

The IPO price range for Acme Solar was ₹275 to ₹289 per share, and the listing date is set for November 13, 2024. Acme Solar is expected to play a significant role in India’s push towards renewable energy, making this IPO particularly appealing to investors focused on sustainability.

4. Swiggy IPO - Subscription Status: 1x

The highly anticipated Swiggy IPO also closed on November 8, 2024. Swiggy, a leading name in the food delivery and tech sector, saw a subscription rate of 1x, reflecting steady investor interest. The IPO price range was set between ₹371 and ₹390 per share, and the company is expected to list on the exchange on November 13, 2024.

Swiggy’s IPO could attract significant attention from tech investors, given its position in the growing food delivery market. However, the 1x subscription rate suggests a neutral market response, with investors likely weighing factors such as valuation and competition from other players like Zomato.

5. Sagility India Limited IPO - Subscription Status: 3.20x

One of the standout IPOs recently closed was Sagility India Limited, a company offering IT services and healthcare solutions. The IPO closed on November 7, 2024, and it achieved an impressive subscription rate of 3.20x. This high subscription rate suggests strong investor demand, particularly for tech-related IPOs in the current market.

The IPO price range for Sagility India was set between ₹28 and ₹30 per share, and the listing date is November 12, 2024. The strong interest in this IPO could be driven by the company’s expertise in providing healthcare technology solutions, making it an attractive proposition for investors looking to diversify their portfolios with tech and healthcare stocks.

Conclusion: What to Expect from These IPOs?

As of now, the active IPOs in India are witnessing a mix of subscription rates and investor interests. Some, like Sagility India, have seen high demand, while others such as Niva Bupa are experiencing more cautious interest. Here are some key insights to consider when evaluating these IPOs:

• Neelam Linens and Sagility India have both garnered solid interest from investors, with Sagility showing the strongest demand.
• Swiggy and Acme Solar have shown neutral to positive subscription rates, which could improve as the listing dates approach.
• The GMP across these IPOs is currently ₹0, indicating that the market sentiment is relatively flat for now.

Investors are advised to monitor these IPOs closely as they could represent significant growth opportunities, especially for those interested in healthcare, technology, solar energy, and textiles.

For those considering entering the IPO market, it’s essential to stay informed about each offering’s subscription status, pricing range, and market outlook to make well-informed investment decisions.

The Upcoming IPOs in this week and coming weeks are Mangal Compusolution, Onyx Biotec, Rosmerta Digital, NTPC Green, Avanse Financial and Black Buck.

For more insights into financial trends , visit our Top News Headlines. You can also explore investment opportunities in the market and apply for upcoming IPOs through our Best IPO to Apply Now section.