The Indian stock market is experiencing a dynamic phase with several initial public offerings (IPOs) scheduled to launch in November and December 2024. These IPOs cover a diverse range of sectors including digital services, renewable energy, financial services, and biotech. Investors looking to diversify their portfolios can look forward to exciting opportunities in these high-growth areas. This article provides a comprehensive overview of the upcoming IPOs, their key features, subscription periods, and other important details to help investors make informed decisions.

1. Rosmerta Digital Services IPO

Rosmerta Digital Services, a company that specializes in smart city technologies and digital solutions such as toll collection, traffic management, and electronic payment systems, is all set to launch its IPO. The company has garnered attention for its innovative approach to solving urban infrastructure challenges.

Issue Details:

• Type: Book-Built Issue
• Size: ₹206.33 Crores (entirely fresh issue)
• Price Band: ₹140 - ₹147 per share

Subscription Period & Listing:

• Opening: November 18, 2024
• Closing: November 21, 2024
• Allotment Date: November 22, 2024
• Listing Date: November 26, 2024 on the BSE SME Platform

Investment Information:

• Lot Size: 1,000 shares
• Minimum Investment: ₹147,000 for retail investors
• Minimum Investment for HNIs: ₹294,000

Lead Managers: Narnolia Financial Services Ltd and Beeline Capital Advisors Pvt Ltd, with Link Intime India Pvt Ltd as the registrar.

2. NTPC Green Energy IPO

NTPC Green Energy, a subsidiary of NTPC Ltd, is a leader in renewable energy projects in India, including solar, wind, and hydropower initiatives. The company is expanding its portfolio to contribute significantly to India's green energy transition, making it a promising investment opportunity.

Issue Details:

• Type: Book-Built Issue
• Size: ₹10,000 Crores (entirely fresh issue)
• Price Band: ₹102 - ₹108 per share

Subscription Period & Listing:

• Opening: November 19, 2024
• Closing: November 22, 2024
• Allotment Date: November 25, 2024
• Listing Date: November 27, 2024 on BSE & NSE

Investment Information:

• Lot Size: 138 shares
• Minimum Investment: ₹14,904 for retail investors
• SNI and BNI Investments: For sNII investors, ₹208,656 and for bNII investors, ₹1,013,472

Lead Managers: IDBI Capital Market Services Ltd, HDFC Bank Ltd, IIFL Securities Ltd, Nuvama Wealth Management Ltd, with Kfin Technologies Ltd as the registrar.

3. Avanse Financial Services IPO

Avanse Financial Services, a Non-Banking Financial Company (NBFC), is focused on providing financial products aimed at the education and business sectors, such as education loans, business loans, and working capital financing.

Issue Details:

• Size: ₹3,500 Crores (fresh issue of ₹1,000 Crores and offer for sale of ₹2,500 Crores)

The subscription period, price band, and other details for this IPO are yet to be announced. However, it promises to be a significant player in the financial services sector, especially for those interested in lending and financing solutions for education and business ventures.

Lead Managers: Kotak Mahindra Capital, Avendus Capital Pvt Ltd, J.P. Morgan India Pvt Ltd, Nomura Financial Advisory, Nuvama Wealth Management Ltd, SBI Capital Markets Ltd, with Link Intime India Pvt Ltd as the registrar.

4. Nisus Finance Services IPO

Nisus Finance Services specializes in wealth management, investment advisory, and lending services. The company is poised for growth as demand for personalized financial solutions continues to rise across the country.

Issue Details:

• Size: 65 lakh shares (57.8 lakh fresh issue and 7.2 lakh offer for sale)

The subscription period, price band, and other details are yet to be disclosed. Investors can look forward to future updates as the company prepares for its IPO launch.

Lead Managers: Beeline Capital Advisors Pvt Ltd, with Skyline Financial Services Pvt Ltd as the registrar.

Currently Active IPOs

Several IPOs are currently open for subscription in India, and investors should take note of the following:

Mangal Compusolution IPO

• Sector: IT Hardware and Software Rental
• Subscription Dates: November 12 - November 14, 2024
• Price: ₹45 per share
• Listing Date: November 20, 2024 on BSE SME

BlackBuck IPO (Zinka Logistics)

• Sector: Logistics and Trucking Technology
• Subscription Dates: November 13 - November 18, 2024
• Price Band: ₹259 - ₹273 per share
• Listing Date: November 21, 2024 on BSE & NSE

Onyx Biotech IPO

• Sector: Biotech and Pharmaceuticals
• Subscription Dates: November 13 - November 17, 2024
• Price Band: ₹150 - ₹165 per share
• Listing Date: November 23, 2024 on BSE

Conclusion

As the market continues to grow, these upcoming IPOs present significant opportunities for retail and institutional investors alike. From smart city technologies to green energy, financial services, and biotech, these IPOs offer diverse ways to diversify investment portfolios. Keeping a close watch on subscription periods, price bands, and investment details will be key for making well-informed decisions. With the launch of high-profile IPOs like Rosmerta Digital, NTPC Green Energy, Avanse Financial Services, and Nisus Finance Services, investors can explore promising sectors poised for growth in the coming years.

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.