When do the Meesho, Vidya Wires, and Aequs IPOs open?

All three IPOs are scheduled to open for subscription on December 3.

What is the grey market premium (GMP) for these IPOs?

The grey market premium is trending upwards, indicating positive listing potential for all three IPOs.

How much capital are Meesho, Vidya Wires, and Aequs aiming to raise?

Meesho aims for ₹5,421 crore, Vidya Wires for ₹300 crore, and Aequs for ₹922 crore.

Home / Business and Economy / Three IPOs Launch Dec 3 Amid Strong Market Buzz

Three IPOs Launch Dec 3 Amid Strong Market Buzz

1 Dec

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Summary

Three major IPOs, Meesho, Vidya Wires, and Aequs, launch December 3.
All three IPOs currently show positive grey market premiums.
Meesho aims to raise ₹5,421 crore, Vidya Wires ₹300 crore, Aequs ₹922 crore.

Three IPOs Launch Dec 3 Amid Strong Market Buzz

The primary market is poised for continued activity as December commences, with three mainboard IPOs scheduled to open on Wednesday, December 3. These include prominent companies such as Meesho, Vidya Wires, and Aequs, all of which are set to launch their initial public offerings.

Indications from the grey market are currently positive, with all three IPOs exhibiting upward trends in their premiums. This suggests a strong potential for successful listings, building on the momentum from a busy November IPO season. Experts note the grey market premium (GMP) is trending upwards.

Aequs, a contract manufacturing firm, plans to raise ₹922 crore with a share price range of ₹118-124. Vidya Wires, a producer of winding and conductivity products, is looking to raise ₹300 crore, setting its share price between ₹48-52. E-commerce platform Meesho, backed by SoftBank, aims for the largest offering at ₹5,421 crore, with shares priced between ₹105-111.

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