11 IPOs Set to List This Week: GMPs Signal Up to 90% Returns
The IPO calendar is packed this week with the listing of 11 companies, most of which are listed on the Small and Medium Enterprises (SME) platforms. Despite the slowdown in fresh fundraising, grey market trends suggest that investors could still see significant listing gains in select names, with grey market premiums (GMPs) indicating returns of up to 90%.
E to E Transportation Infrastructure stands out as one of the most promising IPOs, with a GMP of around Rs 145, implying listing gains of over 80%. The company's strong subscription numbers and market sentiment have kept investor expectations high.
Shyam Dhani Industries is another notable entrant, commanding the strongest signal with a GMP of Rs 70, pointing to potential gains of nearly 90%. The company's massive subscription numbers across retail and high-net-worth individual (HNI) categories have fueled optimism.
Dhara Rail Projects is trading at a more modest GMP of about Rs 18, translating into mid-teen listing gains. The stock drew strong demand during the issue, driven by interest in railway-linked projects and execution plays.
Apollo Techno Industries is seeing a GMP of roughly Rs 12, suggesting a high single-digit listing pop. While the subscription levels were decent, the market is showing measured optimism rather than speculative frenzy.
Nanta Tech’s grey market premium of around Rs 10 points to low single-digit gains on debut. The company’s performance is expected to be steady, though not as robust as some of its peers.
Bai Kakaji Polymers is showing a thin GMP of about Rs 3, indicating a largely flat listing. The muted premium suggests limited appetite beyond initial allocations, reflecting a cautious market environment.
Admach Systems is trading with a marginal GMP of Rs 4, pointing to a subdued debut. The stock reflects the broader cooling trend across smaller SME listings, with investors becoming more selective.
Sundrex Oil has no active GMP at present, signaling negligible listing gains expectations. Lower subscription levels have kept speculative interest in check, and the company is expected to have a flat performance.
EPW India is hovering around a GMP of Rs 2.5, implying very mild upside. The subdued grey market action mirrors the modest demand seen during the issue, indicating a cautious investor base.
Dachepalli Publishers is showing a GMP of about Rs 2, indicating a largely flat-to-marginal debut. Investor focus appears limited amid a crowded listing calendar, and the company is expected to have a modest performance.
Overall, while the IPO calendar is crowded, select names are poised to deliver significant returns, driven by strong market sentiment and robust subscription numbers. However, investors should remain cautious and conduct thorough research before making investment decisions.
