The primary market is set for a busy week ahead, with one mainboard IPO, three SME issues, and five new listings hitting the stock exchanges between November 3 and 8. Here’s a detailed look at what’s coming up in the IPO lane next week.
Mainboard IPO: Groww
The spotlight will be on the Groww IPO, launched by Billionbrains Garage Ventures, the parent company of one of India’s most popular investment platforms.
The ₹6,632.30 crore issue will open for subscription on November 4 and close on November 7, with a price band of ₹95–₹100 per share and a lot size of 150 shares.
The IPO comprises a fresh issue worth ₹1,060 crore and an offer for sale (OFS) of ₹5,572.30 crore, where existing investors such as Peak XV Partners, Ribbit Capital, and YC Holdings will partially exit their holdings.
SME IPOs
The SME segment continues to stay active, with three new public issues opening next week.
Shreeji Global FMCG IPO
- Issue size: ₹85 crore (entirely fresh issue)
- Price band: ₹120–₹125 per share
- Bidding dates: November 4–7
- Lot size: 2,000 shares
- Listing: NSE SME on November 12
Finbud Financial Services IPO
- Issue size: ₹71.68 crore (fresh issue)
- Price band: ₹140–₹142 per share
- Bidding dates: November 6–10
- Listing: NSE SME on November 13
Curis Lifesciences IPO
- Issue size: ₹27.52 crore
- Price band: ₹120–₹128 per share
- Bidding dates: November 7–11
- Listing: NSE SME on November 14
- Lot size: 2,000 shares
Upcoming Listings
In addition to new issues, five IPOs are scheduled to list on the exchanges next week:
- Jayesh Logistics – November 3
- Game Changers Texfab – November 4
- Orkla India – November 6
- Safecure Services – November 6
- Studds Accessories – November 7
The week promises high activity across both the mainboard and SME segments, as investors weigh multiple opportunities amid rising market momentum.
