The next speed is expected to be very bang. There is also a reason for that. Next week, 8 IPOs are ready to come in the primary market. Out of which two IPOs will be from the mainboard segment. The rest will be from the SME segment. On the other hand, 6 companies are also fully prepared to list the secondary market. Experts believe that the IPO market of 2025 can be the best in history. It is estimated that this year companies can raise 3 lakh crore rupees through IPOs. Let us also tell you which companies are bringing their IPOs.
The IPO of concrete equipment maker Ajax Engineering will open for public subscription on February 10. The company has fixed a price band of Rs 599-629. The IPO consists of OFS of 2.01 crore equity shares by only existing shareholders, which has no new shares. Ajax, which is one of the three biggest makers of SLCM in the world, has about 75 per cent market share in SLCM market in India. ICICI Securities, Citygroup Global Markets India, JM Financial, Nuwama Wealth Management and SBI Capital Markets are the book running lead managers of this issue.
Hexavier technologies will launch its IPO of Rs 8,750 crore with a price band of Rs 674-708 per share. This IPO is fully based on OFS, in which Promoter Carlile is selling its stake. After the IPO, Carlile's stake will decrease from the current 95 per cent to 74.1 per cent.
Retail investors can bid for minimum 21 shares, which will require an investment of at least Rs 14,868. This will be the largest IPO of an Indian IT service company, which will overtake TCS's offer of Rs 4,713 crore in 2004. Hexavier is returning to Dalal Street after five years, after the delisting in September 2020, when its promoters accepted a delisting price of Rs 475 per share. For the first nine months of 2024, the top five customers of Hexaware contributed 25.8% to the revenue, while the top 10 contributed 35.7%.
In the SME segment, 6 IPOs including Chandan Healthcare, PS Raj Steels, Voler Car, Maxwolt Energy, LK Mehta Polymer and Shanmuga Hospital will open for subscriptions. Of these, Chandan Healthcare is the largest company, which has planned to raise Rs 107 crore, followed by Maxwolt Energy, which is raising Rs 54 crore.
