Upcoming IPOs In January 2025: Standard Glass Lining, Quadrant Future Tek Among Key IPOs To Go Live

As we usher in the New Year 2025, the buzz in the primary markets from 2024 continues to keep up. Several new IPOs will launch in the first month of the year, January 2025. As many as 10 key initial public offerings (IPOs) are scheduled to go live this month, with more issues set to announce their launch soon.

Standard Glass Lining Technology and Quadrant Future Tek are two key mainboard issues that will open soon, while Capital Infra Trust InvIT will also go live. Also on the list are SME IPOs including Parmeshwar Metal, Davin Sons Retail, Fabtech Technologies Cleanrooms and Indobell Insulation.

Here is a list of the mainboard IPOs that will open in January 2025:

Standard Glass Lining Technology IPO

The Standard Glass Lining Technology IPO will open for subscription on Jan. 6 and close after a three-day bidding period on Jan. 8. The Rs 410.05-crore IPO consists of a fresh issue of 1.50 crore shares worth Rs 210 crore and an offer for sale of 1.43 crore shares aggregating to Rs 200.05 crore. The company, which makes engineering equipment for the pharmaceutical and chemical sectors in India, has set the price band of the offer between Rs 133 and Rs 140 per share. Standard Glass Lining Technology will use the net proceeds from the IPO to fund its capex, pay off debts and aid its inorganic growth plans. Its shares will be listed on Jan. 13 on BSE and NSE.

Quadrant Future Tek IPO

Quadrant Future Tek Ltd. is looking to raise Rs 290 crore through its maiden issue. The IPO is an entirely fresh issue of 1 crore shares priced at Rs 275 to Rs 290 per share. The Quadrant Future Tek IPO will open on Jan. 7 and close on Jan. 9. The allotment is set to be done on Jan 10. Shares of Quadrant Future Tek Ltd. will list on NSE and BSE on Jan. 14. The company, which makes train control and signalling systems for Indian Railways’ ambitious KAVACH project, aims to fund its capex and pay off its debts through the proceeds of the IPO.

Capital Infra Trust InvIT

The Rs 1,578-crore Capital Infra Trust InvIT will remain open between Jan. 7 and Jan. 9. The issue is a combination of fresh shares of 10.77 crore worth Rs 1,077 crore and an offer for sale of 5.01 crore shares worth Rs 501 crore. The price band of the InvIT IPO has been set at Rs 99 to Rs 100 per share. The listing date is likely on Jan. 14.

SME IPOs Launching In January 2025

Apart from the mainboard issues launching in January, seven SME issues are so far in the pipeline to go live this month. 

Of these, the Leo Dry Fruits and Spices Trading IPO has already gone live on Jan 1 and will close on Jan. 3. The listing date for this BSE SME has been fixed on Jan. 8.

Parmeshwar Metal IPO and Davin Sons Retail IPO, both BSE SME issues, opened on Jan. 2 and will close on Jan. 4. While Parmeshwar Metal plans to raise Rs 24.74 crore through its public offer, Davin Sons Retail hopes to mop up Rs 8.78 crore via the fresh issue. Both IPOs will be listed on Jan. 9.

Fabtech Technologies Cleanrooms IPO will remain open between Jan. 3 and Jan. 7. The pre-engineered and prefabricated modular panels and doors maker will raise Rs 27.74 crore through a fresh issue of 32.64 lakh shares, which will list on Jan. 10.

Indobell Insulation Limited IPO, a BSE SME issue, will remain open between Jan. 6 and Jan. 8. On Jan 7, B.R.Goyal Infrastructure IPO and Delta Autocorp IPO will go live. 

With the opening of these IPOs in the first week itself, the month of January is expected to be a busy one for the initial share sale market.