Upcoming IPOs in India: Unimech Aerospace, Solar91, Indo Farm and more

Here is a comprehensive overview of the upcoming SME IPOs, detailing their issue size, price range, and industry focus:

IPO Name IPO Dates Price Band (INR) Details
Unimech Aerospace IPO Dec 23 – Dec 26, 2024 745 – 785 The IPO comprises a combination of fresh issue and OFS, aggregating Rs 500 crore. Listing date: Dec 31, 2024.
Indo Farm Equipment IPO Dec 31, 2024 – Jan 2, 2025 204 – 215 Book-built issue of Rs 260.15 crore; includes fresh issue and OFS. Listing date: Jan 7, 2025.
Solar91 IPO January 2025 185 – 195 Specializes in solar EPC solutions and is transitioning to an IPP model.
Leo Dryfruits IPO Jan 1 – Jan 3, 2025 51 – 52 Manufacturer and marketer of spices, dry fruits, and grocery products under brands VANDU and FRYD.
Technichem Organics IPO Dec 31, 2024 – Jan 2, 2025 52 – 55 Focuses on manufacturing specialty chemicals for industries like pharmaceuticals and agriculture.
Citichem India IPO Dec 27 – Dec 31, 2024 70 Supplier of chemicals and intermediates to various industries, including pharmaceuticals and food.
Anya Polytech IPO Dec 26 – Dec 30, 2024 13 – 14 Focused on fertilizers and polymers, with a significant interest in expanding its domestic market presence.

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Key Highlights of Selected IPOs:

  1. Unimech Aerospace IPO
    • Issue Size: Rs 500 crore (Fresh Issue: Rs 250 crore; OFS: Rs 250 crore).
    • Price Band: Rs 745 – Rs 785 per share.
    • Listing Date: Dec 31, 2024.
    • Investment Requirements: Retail investors need a minimum investment of Rs 14,915 for 19 shares.
  2. Indo Farm Equipment IPO
    • Issue Size: Rs 260.15 crore (Fresh Issue: Rs 184.90 crore; OFS: Rs 75.25 crore).
    • Price Band: Rs 204 – Rs 215 per share.
    • Listing Date: Jan 7, 2025.
    • Investment Requirements: Minimum retail investment is Rs 14,835 for 69 shares.
  3. Solar91 IPO
    • Industry: Solar energy solutions for commercial and industrial clients.
    • Key Focus: EPC services with a move towards Independent Power Production (IPP) projects.
  4. Leo Dryfruits IPO
    • Industry: Manufacturing and marketing of grocery products and frozen items.
    • Brands: VANDU and FRYD.
  5. Technichem Organics IPO
    • Industry: Specialty chemicals and intermediates.
    • Export Focus: 20.58% of exports go to China; achieved INR 17.69 crore in export revenue in FY 2024.
  6. Citichem India IPO
    • Industry: Sourcing and supplying chemicals to various sectors.
    • Specialization: Food-grade chemicals and intermediates for multiple industrial applications.
  7. Anya Polytech IPO
    • GMP Activity: Latest grey market premium (GMP) indicates a strong response ahead of the public offer.

Investors can explore these IPOs based on their financial goals and market strategies. Stay tuned for the latest GMP updates and allotment details.