The IPO market is witnessing a flurry of activity as several companies prepare to go public, offering fresh investment opportunities. These include BlackBuck, Mangal Compusolution, Onyx Biotec, and Rosmerta Digital Services. With a range of sectors covered—logistics, IT services, biotechnology, and digital solutions—these IPOs offer various investment opportunities for retail and institutional investors alike. Here's everything you need to know about these upcoming IPOs, including their price bands, subscription dates, listing details, and the minimum investment requirements.

1. BlackBuck IPO - Subscription Opens Nov 13, 2024

BlackBuck, one of the largest technology-driven logistics platforms in India, is gearing up for an IPO to raise ₹1,114.72 crores. The issue includes both a fresh issue of 2.01 crore shares worth ₹550.00 crores and an offer for sale of 2.07 crore shares worth ₹564.72 crores.

The price band for BlackBuck's IPO is set between ₹259 and ₹273 per share, with a minimum lot size of 54 shares. For retail investors, the minimum investment required will be ₹14,742, while institutional investors such as sNII and bNII will need to invest higher amounts. The company also offers a discount of ₹25 to employees on the issue price, with a reservation of 26,000 shares for them.

The IPO opens for subscription on November 13, 2024, and closes on November 18, 2024. The allotment date is set for November 19, 2024, and the company is expected to list on BSE and NSE on November 21, 2024. Axis Capital, Morgan Stanley India, JM Financial, and IIFL Securities are the lead managers for this issue.

2. Mangal Compusolution IPO - Subscription Opens Nov 12, 2024

Mangal Compusolution, an IT services company, is launching an IPO to raise ₹16.23 crores. This is a fixed-price issue offering 36.06 lakh shares at a price of ₹45 per share. With a minimum lot size of 3,000 shares, the minimum investment required by retail investors will be ₹135,000.

The IPO opens for subscription on November 12, 2024, and closes on November 14, 2024. The allotment date is November 18, 2024, and the listing date is scheduled for November 20, 2024. Jawa Capital Services is the lead manager for the Mangal Compusolution IPO, with Kfin Technologies serving as the registrar. Investors should be aware of the relatively high minimum investment compared to other small-cap IPOs.

3. Onyx Biotec IPO - Subscription Opens Nov 13, 2024

Onyx Biotec, a biotechnology company, is looking to raise ₹29.34 crores through a book-built issue. The IPO will offer 48.1 lakh shares at a price band of ₹58 to ₹61 per share, and the minimum lot size is 2,000 shares. For retail investors, the minimum investment required is ₹122,000.

The IPO subscription window opens on November 13, 2024, and closes on November 18, 2024. The company plans to list on the NSE SME on November 21, 2024. Horizon Management Private Limited is the book running lead manager, and Mas Services Limited is the registrar for this IPO. Investors can expect a competitive offering in the growing biotech sector.

4. Rosmerta Digital Services IPO - Subscription Opens Nov 18, 2024

Rosmerta Digital Services, a company specializing in digital solutions and technology services, is offering an IPO to raise ₹206.33 crores. The issue is a book-built offer for 140.36 lakh shares at a price band of ₹140 to ₹147 per share. The minimum lot size for applications is 1,000 shares, which requires a minimum investment of ₹147,000.

The IPO opens for subscription on November 18, 2024, and closes on November 21, 2024. Allotment is expected to be finalized on November 22, 2024, and the company will list on BSE SME on November 26, 2024. The book running lead managers for this IPO are Narnolia Financial Services Ltd and Beeline Capital Advisors Pvt Ltd, with Link Intime India Private Ltd serving as the registrar.

These upcoming IPOs represent a diverse set of opportunities across different industries, from logistics and IT services to biotechnology and digital solutions. Investors should carefully evaluate these IPOs, considering factors such as price bands, lot sizes, and investment requirements, to make informed decisions based on their investment goals and risk appetite. Stay tuned for updates and more details as these IPOs move closer to their opening dates!

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

The Current active IPO are  Swiggy, ACME Solar Holdings, Niva Bupa Health and Neelam Lines and Garments.

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.