The primary market is set for an active start to December 2025, with a total of 14 public offerings lined up. This includes three mainboard IPOs—notably featuring Meesho—along with eleven SME IPOs from diverse industries. Investors, both retail and institutional, are expected to closely track these listings, given the varied business profiles and substantial capital being raised.
Mainboard IPOs Opening This Week
- Meesho IPO
Meesho will be one of the most anticipated offerings of the month. The issue consists of:
- Fresh Issue: 38.29 crore shares worth ₹4,250 crore
- Offer for Sale: 10.55 crore shares worth ₹1,171.20 crore
- Price Band: ₹105–₹111 per share
- Subscription Window: 3–5 December
- Allotment Date: 8 December
- Tentative Listing: 10 December on NSE and BSE
Founded in 2015, Meesho has emerged as a large-scale e-commerce ecosystem enabling sellers, logistics partners, and creators to connect with value-seeking consumers across India, with a focus on low-cost online retail penetration.
- Aequs IPO
Aequs is set to raise ₹921.81 crore, comprising:
- Fresh Issue: 5.40 crore shares aggregating ₹670 crore
- OFS: 2.03 crore shares totaling ₹251.81 crore
- Price Band: ₹118–₹124 per share
- Subscription Dates: 3–5 December
- Allotment and Listing: Expected on 8 and 10 December, respectively
Established in 2000, the company operates an aerospace-focused SEZ and supplies precision-engineered components for engines, landing systems, structures, and interiors. It also serves electronics and consumer goods manufacturers.
- Vidya Wires IPO
Vidya Wires Limited plans to raise ₹300.01 crore, divided into:
- Fresh Issue: 5.27 crore shares valued at ₹274 crore
- OFS: 0.50 crore shares worth ₹26.01 crore
- Price Band: ₹48–₹52 per share
- Subscription Period: 3–5 December
- Allotment: 8 December
- Proposed Listing: BSE and NSE on 10 December
With roots dating back to 1981, Vidya Wires manufactures copper and aluminum winding wires, busbars, paper-covered strips, PV ribbons, and conductors catering to the energy, railway, EV, and renewable power sectors.
SME IPO Lineup (Dec 1–9)
A total of 11 SME IPOs are scheduled during the first nine days of December 2025. The issuers operate across segments like consumer brands, diagnostics, chemicals, travel, IT services, and specialty manufacturing.
| Company | Price/ Band (₹) | Bidding Window | Allotment Date | Business Focus |
| Astron Multigrain Ltd | 63 (fixed) | 1–3 Dec | 4 Dec | Instant noodles and food products under own brand and contract manufacturing |
| Invicta Diagnostic Ltd | 80–85 | 1–3 Dec | 4 Dec | Pathology and radiology diagnostic services with central lab ecosystem |
| Speb Adhesives Ltd | 52–56 | 1–3 Dec | 4 Dec | Synthetic rubber adhesives for multiple industrial applications |
| Clear Secured Services Ltd | 125–132 | 1–3 Dec | 4 Dec | Integrated facility management and staffing services |
| Ravelcare Ltd | 123–130 | 1–3 Dec | 4 Dec | Direct-to-consumer beauty and personal care products |
| Helloji Holidays Ltd | TBD | 2–4 Dec | 5 Dec | Travel services including tours, hotels, flights & visa support |
| Neochem Bio Solutions Ltd | 93–98 | 2–4 Dec | 5 Dec | Specialty chemicals and textile auxiliary solutions |
| Shri Kanha Stainless Ltd | 90 (fixed) | 3–5 Dec | 8 Dec | Precision stainless steel strip manufacturing |
| Luxury Time Ltd | 78–82 | 4–8 Dec | 9 Dec | Distributor and retailer of premium Swiss watches with service support |
| Western Overseas Study Abroad Ltd | 56 (fixed) | 4–8 Dec | 9 Dec | Overseas education consulting and language training services |
| Methodhub Software Ltd | TBD | 5–9 Dec | 10 Dec | IT services including AI, cloud, cybersecurity, ERP and telecom solutions |
Market Outlook
With multiple large and mid-sized offerings opening in a compressed timeline, analysts expect strong subscription activity from retail and institutional investors. The mix of consumer tech, aerospace manufacturing, engineering, and emerging sectors like beauty, education consulting, and cybersecurity provides a wide range of investment themes for market participants.
Disclaimer:
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.
Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.