List of Upcoming IPOs next week: With 2024 nearing its end, the buzz in the primary market shows no signs of slowing down.From large-cap players to SMEs, a mix of IPOs is set to open for subscription this week.

As the final week of the year overlaps with the dawn of 2025, let’s take a look at the upcoming IPOs this week and what they have to offer.

1. Indo Farm Equipment IPO

The Indo Farm Equipment IPO will open its three days subscription window on December 31, 2024 and will close on January 2, 2025. This book-built issue with its public offering aims to raise a total of Rs 260.15 crores, combining both a fresh issue and an offer for sale.

Breakdown of the issue:

  • Fresh issue – 0.86 crore shares worth Rs 184.90 crores
  • Offer for sale – 0.35 crore shares worth Rs 75.25 crores

The price band for this offering is set between the range of Rs 204 to Rs 215 per share.

Also Read: Carraro India makes lacklustre debut; lists 7.5% discount on NSE

As per the latest trend, ahead of the opening of the issue, the grey market premium (GMP) is currently trading at Rs 80, indicating a potential listing price of Rs 295, which is a 37.21 per cent premium over the upper price band.

2. Technichem Organics IPO

Technichem Organics IPO, a BSE SME issue is another noteworthy listing to look out for in early 2025.

The issue will also open for subscription on December 31, 2024, and close on January 2, 2025. This book-built issue aims to raise Rs 25.25 crores, with the issue entirely comprising fresh issue of 45.90 lakh shares.

The price band set by the company for the issue is between Rs 52 to Rs 55 per share. The grey market premium for this IPO is currently trading at Rs 11, suggesting a possible listing price of Rs 66, representing a 20 per cent premium over the upper price band, as per the recent trend.

3. Leo Dry Fruits and Spices IPO

A BSE SME issue, Leo Dry Fruits and Spices IPO is set to open its bidding window from January 1 to January 3, 2025. With a price band of Rs 51 to Rs 52 per share, this book built issue, aims to raise Rs 25.12 crores, all through a fresh issue of 48.30 lakh shares. The shares is expected to list on January 8 on the BSE SME platform

As of now, the grey market premium (GMP) of the company stands at Rs 0, meaning there is no immediate premium or discount, with an estimated listing at the issue price of Rs 55.

Also Read: Senores Pharma makes strong debut; lists over 53% premium on NSE

4. Davin Sons IPO

Davin Sons IPO will open for subscription on January 2 and will close on January 6, 2025. This fixed price issue will raise Rs 8.78 crores, with a fresh issue of 15.96 lakh shares. The price for the IPO is set at Rs 55 per share.

Davin Sons’ listing is on the BSE SME segment, and the allotment date is set for January 7, with listing expected on January 9.

5. Fabtech Technologies Cleanrooms IPO

Another BSE SME issue, Fabtech Technologies will offer its IPO for subscription between January 3 to  January 7, 2025. The company’s IPO is a book-built issue of Rs 27.74 crores, consisting entirely of a fresh issue of 32.64 lakh shares.

The price band for this IPO is Rs 80 to Rs 85 per share, and with a GMP currently not available. Fabtech is expected to list on BSE SME, with the tentative listing date being January 10.