The Indian primary market will stay active in the coming week starting December 15, although the pace of new launches will slow compared to the previous week.
A total of four companies are set to launch their Initial Public Offerings (IPOs) next week, collectively aiming to raise around ₹830 crore, sharply lower than the 15 IPOs worth nearly ₹14,800 crore that hit the market last week, which included one major mainboard issue.
Mainboard IPO to Watch: KSH International
The only mainboard IPO scheduled for next week is from KSH International, a manufacturer of magnet winding wires.
- IPO Size: ₹710 crore
- IPO Opens: December 16
- Price Band: ₹365 – ₹384 per share
- Issue Structure:
- Fresh issue worth ₹420 crore
- Offer for Sale (OFS) worth ₹290 crore by promoters
KSH International’s IPO will be closely tracked as it represents the sole large-ticket public issue during the week.
SME IPOs Lining Up
Alongside the mainboard offering, three SME IPOs are scheduled to open.
The first among them is Neptune Logitek, a logistics solutions provider.
- IPO Size: ₹47 crore
- IPO Opens: December 15
- Offer Price: ₹126 per share
The remaining two SME issues are also expected to tap the market during the week, adding to activity in the small and medium enterprise segment.
Primary Market Outlook
While the number of IPOs is lower than the previous week, investor focus is likely to remain strong, particularly on the KSH International IPO, given its size and mainboard status. SME offerings are also expected to attract interest from retail investors looking for growth opportunities.
Overall, IPO activity remains steady, signaling sustained confidence in India’s capital markets despite short-term fluctuations in secondary market sentiment.
