Published on 02/11/2025 02:48 PM
Upcoming IPOs This Week: The IPO momentum in India’s primary market is set to stay strong, with several much-awaited public issues, including Groww IPO and Pine Labs IPO, opening for subscription next week.
In total, five new IPOs are lined up for launch, comprising two mainboard issues and three SME offerings.
Groww’s much-awaited initial public offering (IPO) is set to open for public subscription on November 4 and will close on November 7, 2025. The IPO, worth around Rs 6,632 crore, includes a fresh issue of shares worth approximately Rs 1,060 crore and an offer-for-sale (OFS) by existing shareholders. The price band for the issue has been fixed between Rs 95 and Rs 100 per share. At the upper price band, the IPO values Groww at nearly Rs 62,000 crore. The company’s shares are likely to list on the BSE and NSE around November 12. Groww, operated by Billionbrains Garage Ventures Ltd, is one of India’s leading digital investment platforms that allows users to invest in stocks, mutual funds, IPOs, and other financial instruments.
Pine Labs IPO will open on November 7 and close on November 11. The issue includes a fresh issue worth Rs 2,080 crore and an offer for sale of 8.23 crore shares.
Two major IPOs, Lenskart Solutions Ltd and Studds Accessories Ltd, will remain open for subscription in this week. The Rs 1,000-crore Lenskart IPO opened on October 31 and will close on November 4, while the Rs 450-crore Studds Accessories IPO opened on October 30 and will close on November 3.
Orkla India IPO and Safecure IPO are expected to list on the BSE and NSE on November 6.
Studds Accessories IPO will list on November 7 on both BSE and NSE.
Abhay Shukla is a Senior Sub-Editor at Zee Business, where he covers the stock markets, corporate news, personal finance, technology, and auto sectors.
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