The Indian IPO market is buzzing with activity as multiple companies gear up to go public, presenting a mix of opportunities across diverse sectors such as health insurance, logistics, IT services, biotechnology, and digital solutions. Whether you are an investor seeking fresh opportunities or following the latest IPO trends, here's everything you need to know about the current active and upcoming IPOs.

1. Niva Bupa Health Insurance IPO

The Niva Bupa Health Insurance Company Ltd. IPO is currently open for subscription from November 7 to November 11, 2024. A joint venture between the UK-based Bupa Group and Fettle Tone LLP, Niva Bupa is a prominent player in the health insurance space, with a long-standing track record.

• Issue Size & Price Band: The company plans to raise ₹22,000 crores, with a price band of ₹70 to ₹74 per share.
• Lot Size: Retail investors need to apply for a minimum of 200 shares, amounting to ₹14,800. High-net-worth individuals (HNIs) must invest for at least 14 lots, totaling ₹2,07,200.
• IPO Details: The IPO consists of a fresh issue of ₹800 crore and an offer for sale worth ₹14,000 crore. The issue is being managed by leading financial institutions like Morgan Stanley, ICICI Securities, Axis Capital, and Kotak Mahindra Capital.
• GMP and Subscription: The Grey Market Premium (GMP) stands at ₹0 as of now, indicating that there may not be significant pre-listing trading interest. However, the IPO was subscribed 1.17 times on the second day of its subscription window.

2. Neelam Linens and Garments IPO

The Neelam Linens and Garments IPO, focused on the textile and garment manufacturing sector, is currently active with subscription open from November 8 to November 12, 2024. The company aims to raise ₹13.00 crores via this IPO.

• Issue Size & Price Band: The IPO offers a price band of ₹20 to ₹24 per share, with a lot size of 6,000 shares. Retail investors will need to invest a minimum of ₹144,000.
• IPO Details: The IPO is a fresh issue of 54.18 lakh shares. It is managed by Expert Global Consultants and is expected to list on the NSE SME segment on November 18, 2024.
• GMP and Subscription: As of November 8, the IPO has been subscribed 2.72 times, with strong interest from retail investors (5.04 times). However, the Qualified Institutional Buyers (QIB) category remains unsubscribed However, The Grey Market Premium (GMP) stands at ₹0 as of now, indicating that there may not be significant pre-listing trading interest.

Upcoming IPOs:

3. BlackBuck IPO - Subscription Opens November 13, 2024

• Company Overview: BlackBuck is a leading logistics platform, leveraging technology to streamline the supply chain across India.
• Issue Size & Price Band: The company plans to raise ₹1,114.72 crores with a price band between ₹259 and ₹273 per share. The minimum lot size is 54 shares, requiring a minimum investment of ₹14,742.
• Key Dates: The IPO opens for subscription on November 13 and closes on November 18, with a tentative listing date of November 21, 2024.

4. Mangal Compusolution IPO - Subscription Opens November 12, 2024

• Company Overview: A leading player in IT services, Mangal Compusolution aims to raise ₹16.23 crores through its IPO.
• Issue Size & Price Band: The issue is a fixed price of ₹45 per share, with a minimum lot size of 3,000 shares. Retail investors will need to invest a minimum of ₹135,000.
• Key Dates: The IPO subscription period is from November 12 to November 14, with an allotment date of November 18, 2024, and listing on November 20, 2024.

5. Onyx Biotec IPO - Subscription Opens November 13, 2024

• Company Overview: Onyx Biotec is a biotechnology firm set to tap into the growing biotech sector with an IPO to raise ₹29.34 crores.
• Issue Size & Price Band: The price band for the IPO is set between ₹58 and ₹61 per share, with a minimum lot size of 2,000 shares and a minimum investment of ₹122,000.
• Key Dates: The IPO subscription opens on November 13 and closes on November 18, 2024, with a listing date of November 21, 2024.

6. Rosmerta Digital Services IPO - Subscription Opens November 18, 2024

• Company Overview: Specializing in digital solutions and technology services, Rosmerta Digital Services is poised to raise ₹206.33 crores through its IPO.
• Issue Size & Price Band: The price band for the IPO is ₹140 to ₹147 per share, with a minimum lot size of 1,000 shares and a minimum investment of ₹147,000.
• Key Dates: The IPO subscription period is from November 18 to November 21, 2024, with an allotment date of November 22 and listing on November 26, 2024.

These upcoming IPOs reflect diverse sectors, providing investors with a variety of opportunities based on risk appetite and investment preferences. Whether you are interested in healthcare, logistics, IT, biotechnology, or digital services, these IPOs could prove to be lucrative avenues for investment. Make sure to stay updated on the latest news and subscribe to the IPOs that best align with your investment strategy.

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.