InvestorQ : What are the major IPOs opening in the week starting on 13 December?
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What are the major IPOs opening in the week starting on 13 December?

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5 months ago
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The week commencing on 13th December will be a busy week for the IPO markets. Here is a look at the 4 IPOs that will open for subscription during the coming week.

1. The issue of Medplus Health Services opens for subscription on 13-Dec and closes on 15-Dec. The total size of the IPO is Rs.1,398.30 crore comprising of a fresh issue of Rs.600 crore and an offer for sale (OFS) of Rs.798.30 crore. The IPO has been priced in the price band of Rs.780 to 796. Medplus is India’s second largest pharmacy retailer and has a big presence in South. Funds will be used for working capital of subsidiary, Optival.

2. The IPO of Data Patterns (India) Ltd opens for subscription on 14-Dec and closes on 16-Dec. The total size of the IPO is Rs.588.22 crore comprising of a fresh issue of Rs.240 crore and an offer for sale (OFS) of Rs.348.22 crore. The IPO has been priced in the price band of Rs.555 to 585. Data Patterns provides software and electronic solutions to the defence and aerospace industry and has a robust order book of 2 years of sales.

3. The issue of HP Adhesives Ltd opens for subscription on 15-Dec and closes on 17-Dec. The total size of the IPO is Rs.125.96 crore comprising of a fresh issue of Rs.113.44 crore and an offer for sale (OFS) of Rs.12.53 crore. The IPO has been priced in the price band of Rs.262 to 274. HP Adhesives is a niche player in the adhesives and sealants business and caters to the construction, woodwork, footwear and automotive segments.

4. The IPO of Supriya Lifesciences opens for subscription on 16-Dec and closes on 20-Dec. The total size of the IPO is Rs.700 crore comprising of a fresh issue of Rs.200 crore and an offer for sale (OFS) of Rs.500 crore. The IPO price band is yet to be fixed. Supriya Lifesciences manufacturers over 38 active pharma ingredients (APIs) catering to anti-histamine, analgesic, anaesthetic, anti-asthmatic and anti-allergic therapeutic drugs.

In addition to the above IPOs, C.E. Info Systems (MapmyIndia) IPO which opened last week on 09-Dec will close on Tuesday, 13-Dec. Also, the Metro Brands IPO will also close for subscription on Tuesday, 14-Dec.
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