The Indian stock market is witnessing an exciting phase with several IPOs scheduled for November and December 2024. Among the prominent ones, Rosmerta Digital Services, NTPC Green Energy, Avanse Financial Services, and Nisus Finance Services are the ones that investors are eagerly looking forward to. Each of these IPOs has its own unique features, and in this article, we will delve into their subscription details, price bands, lot sizes, and other important aspects to help investors make informed decisions.

1. Rosmerta Digital Services IPO
Rosmerta Digital Services, an emerging player in the digital solutions and smart city technologies sector, is set to launch its IPO. The company provides solutions for toll collection, traffic management, and electronic payment systems across India.

• Issue Details:
  The Rosmerta Digital Services IPO is a book built issue worth ₹206.33 Crores, consisting entirely of a fresh issue of 140.36 lakh shares.
  The price band for this IPO is set at ₹140 to ₹147 per share.

• Subscription Period & Listing Date:
  The IPO will open for subscription on November 18, 2024, and will close on November 21, 2024. The allotment date is expected to be finalized on November 22, 2024, with the listing date scheduled for November 26, 2024 on the BSE SME platform.

• Investment Information:

  • The lot size is 1,000 shares, with a minimum investment of ₹147,000 for retail investors.
  • For HNI investors, the minimum lot size is 2 lots (2,000 shares), amounting to ₹294,000.

• Book Running Lead Managers:
  The lead managers for the IPO are Narnolia Financial Services Ltd and Beeline Capital Advisors Pvt Ltd, while Link Intime India Pvt Ltd is the registrar for the issue. The market maker for the IPO is Spread X Securities.

2. NTPC Green Energy IPO
NTPC Green Energy is a subsidiary of NTPC Ltd, focusing on renewable energy projects across India. The company aims to expand its portfolio of green energy solutions, primarily in solar power, wind energy, and hydropower.

• Issue Details:
  The NTPC Green Energy IPO is a book built issue worth ₹10,000 Crores, with an issue size of 92.59 crore shares entirely consisting of a fresh issue.

  The price band for the IPO has been set between ₹102 and ₹108 per share.

• Subscription Period & Listing Date:
  The IPO will open for subscription on November 19, 2024, and will close on November 22, 2024. The allotment date is expected to be finalized on November 25, 2024, with the listing date scheduled for November 27, 2024 on BSE & NSE.

• Investment Information:

  • The lot size is 138 shares, and the minimum investment for retail investors is ₹14,904.
  • For sNII investors, the minimum lot size is 14 lots (1,932 shares), amounting to ₹208,656.
  • For bNII investors, the minimum lot size is 68 lots (9,384 shares), amounting to ₹1,013,472.

• Book Running Lead Managers:
  The book running lead managers for the NTPC Green Energy IPO are IDBI Capital Market Services Ltd, HDFC Bank Ltd, IIFL Securities Ltd, and Nuvama Wealth Management Ltd, while Kfin Technologies Ltd is the registrar for the issue.

3. Avanse Financial Services IPO
Avanse Financial Services, a leading NBFC (Non-Banking Financial Company), provides financial services primarily to the education and business sectors. They offer products like education loans, business loans, and other financial services.

• Issue Details:
  The Avanse Financial Services IPO will raise approximately ₹3,500 Crores, consisting of a combination of a fresh issue of ₹1,000 Crores and an offer for sale of ₹2,500 Crores.

• Subscription Period & Listing Date:
  The IPO dates and subscription period are yet to be announced. Similarly, the price band for the IPO is yet to be disclosed.

• Book Running Lead Managers:
  The IPO will be managed by Kotak Mahindra Capital Company Ltd, Avendus Capital Pvt Ltd, J.P. Morgan India Pvt Ltd, Nomura Financial Advisory & Securities Pvt Ltd, Nuvama Wealth Management Ltd, and SBI Capital Markets Ltd. The registrar for the IPO will be Link Intime India Pvt Ltd.

4. Nisus Finance Services IPO
Nisus Finance Services is a financial services company involved in investment advisory, wealth management, and lending services. The company aims to expand its operations in the coming years, capitalizing on the growing demand for financial solutions.

• Issue Details:
  The Nisus Finance Services IPO is a book built issue comprising 65 lakh shares, including a fresh issue of 57.8 lakh shares and an offer for sale of 7.2 lakh shares.

• Subscription Period & Listing Date:
  The subscription period and price band for the IPO are yet to be disclosed. The issue will be managed by Beeline Capital Advisors Pvt Ltd, with Skyline Financial Services Pvt Ltd acting as the registrar.

Conclusion
The upcoming IPOs of Rosmerta Digital Services, NTPC Green Energy, Avanse Financial Services, and Nisus Finance Services present lucrative opportunities for both retail and institutional investors. Keep a close watch on the subscription dates, price bands, and allotment details to make informed investment decisions in these potentially high-growth sectors. As the market continues to evolve, these IPOs offer an exciting avenue for diversifying investment portfolios.

The Upcoming IPOs in this week and coming weeks are Rosmerta Digital, NTPC Green, Avanse Financial and Nisus Finance.

The Current active IPO are  Mangal Compusolution, Black Buck, and Onyx Biotec.

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.