IPO

Investors can expect increased activity in the primary market this week, with three SMEs launching their IPOs. Ather Energy will list on May 6, while four other SME IPOs will debut, following one that listed last week.

Issue Snapshot: Issue Open: April 28 April 30 2025 Price Band: Rs. 304 321 (Discount of Rs 30 for all eligible employee) *Issue Size: 9,28,58,599 Equity Shares (Fresh issue of Rs 26,260 million + Offer for sale 11,051,746 eq sh) Reservation for: QIB atleast 75% eq sh Non-Institutional upto 15% eq sh ((including 1/3rd for applications between Rs.2 lakhs to Rs.10 lakhs)) Retail upto 10% eq sh Face Value: Rs 1 Book value: Rs 4.0 (December 30, 2024) Bid size: - 46 equity shares and in multiples thereof 100% Book built Issue IPO Note - Ather Energy Limited

Action is back in the primary market, with Ather Energy set to launch the first mainboard IPO in over two months. The SME segment will see even more activity, with four IPOs expected to hit Dalal Street, and one SME IPO listing this week.

IPO NOTE

This week, only one IPO is lined up in the SME segment, with no listings scheduled and no debuts seen last week.

This week, the primary market is quiet, with no new IPOs scheduled on either the mainboard or the SME segments. However, two companies are set for listing after four made their debut last week.

The mainboard IPO segment has no new launches this week, but the SME segment remains active. Three SME IPOs are currently ongoing, and three companies will make their market debut, following four listings last week.

This week, six new SME IPOs are set to open, while three companies will make their market debut, following four listings last week.