Upcoming IPO Bonanza: 3 Public Issues & 12 New Listings, Including Aesthetik Engineers, Afcom, and Ola Electric

The initial public offering (IPO) scene is bustling with activity, as three new public issues are set to open for bidding next week.

Mainboard Debuts: Unicommerce and Firstcry

Unicommerce and Firstcry will be launching their IPOs on the mainboard. Meanwhile, Aesthetik Engineers will be the sole SME IPO.

Post-Budget IPO Surge

Following the recent budget, there’s been a noticeable increase in IPO activity. Notably, IPOs from Akums Drugs and Pharmaceuticals Limited, Ceigall India Limited, and Ola Electric Mobility Limited have successfully raised approximately ₹9,255 crore.

Expert Insights

According to Pantomath Capital Advisors, the Indian IPO market is experiencing significant growth, ranking among the top performers globally for the first half of 2024. This surge is attributed to strong economic fundamentals, government support for entrepreneurship, and growing interest from domestic investors.

Upcoming IPOs Next Week

1. Firstcry IPO
   • Dates: August 6, 2024 – August 8, 2024
   • Issue Size: ₹4,193.73 crores
   • Price Band: ₹440 to ₹465 per share
2. Unicommerce eSolutions IPO
   • Dates: August 6, 2024 – August 8, 2024
   • Issue Size: ₹276.57 crores
   • Price Band: ₹102 to ₹108 per share
3. OLA Electric IPO
   • Dates: August 2, 2024 – August 6, 2024
   • Issue Size: ₹6,145.56 crore
   • Price Band: ₹72 to ₹76 per share
4. Ceigall India IPO
   • Dates: August 1, 2024 – August 5, 2024
   • Issue Size: ₹1,252.66 crores
   • Price Band: ₹380 to ₹401 per share
5. Aesthetik Engineers IPO
   • Dates: August 8, 2024 – August 12, 2024
   • Issue Size: ₹26.47 crores
   • Price Band: ₹55 to ₹58 per share
6. Afcom Holdings IPO
   • Dates: August 2, 2024 – August 6, 2024
   • Issue Size: ₹73.83 crores
   • Price Band: ₹102 to ₹108 per share
7. Picture Post Studios IPO
   • Dates: August 2, 2024 – August 6, 2024
   • Issue Size: ₹18.72 crores
   • Price Band: ₹22 to ₹24 per share
8. Dhariwalcorp IPO
   • Dates: August 1, 2024 – August 5, 2024
   • Issue Size: ₹25.15 crores
   • Price Band: ₹102 to ₹106 per share

Upcoming Listings

Several IPOs are scheduled to list on various exchanges next week:

• Akums Drugs and Pharmaceuticals IPO: Listing on August 6, 2024.
• Ceigall India IPO: Listing on August 8, 2024.
• OLA Electric IPO: Listing on August 9, 2024.
• Kizi Apparels IPO: Listing on August 6, 2024.
• Sathlokhar Synergys E&C Global IPO: Listing on August 6, 2024.
• Ashapura Logistics IPO: Listing on August 6, 2024.
• Rajputana Industries IPO: Listing on August 6, 2024.
• Bulkcorp IPO: Listing on August 6, 2024.
• Utssav Cz Gold Jewels IPO: Listing on August 7, 2024.
• Dhariwalcorp IPO: Listing on August 8, 2024.
• Picture Post Studios IPO: Listing on August 9, 2024.
• Afcom Holdings IPO: Listing on August 9, 2024.

Investors can look forward to a busy week with multiple IPOs and listings, offering a variety of investment opportunities.