Mumbai: Dalal Street is gearing up for a busy start to December, with three major IPOs, Meesho Ltd, Aequs Ltd, and Vidya Wires Ltd, set to open for subscription on 3-5 Dec 2025, following the announcement of their price bands today. Adding to the momentum, ICICI Prudential AMC has received SEBI approval for its long-awaited ₹10,000 Cr IPO, expected to launch in December.
Meesho Ltd, the e-commerce player, will open its public issue with a ₹105-₹111 price band and a lot size of 135 shares, requiring an application amount of ₹14,985. The total issue size stands at ₹5,421.2 Cr, comprising a ₹4,250 Cr fresh issue and a ₹1,171.2 Cr OFS. Retail investors have been allocated 10%, while QIBs will command 75% of the issue. Meesho’s post-issue promoter holding will drop from 19.08% to 16.76%. Listing is expected on 10 Dec on NSE & BSE.
Aequs Ltd, a diversified manufacturing company, will float a ₹921.81 Cr issue priced at ₹118-₹124, with a lot size of 120 shares and a retail application cost of ₹14,880. The issue includes a ₹670 Cr fresh issue and a ₹251.81 Cr OFS, along with a ₹11 employee discount. Retail allocation is 10%, and promoter holding will decline from 64.49% to 59.08% post-issue.
Vidya Wires Ltd, a specialist in winding wires, has set its price band at ₹48-₹52 with a lot size of 288 shares, amounting to ₹14,976 per retail application. The ₹300.01 Cr issue includes a ₹274 Cr fresh component and ₹26.01 Cr OFS. Retail investors enjoy a higher 35% quota, with promoter shareholding expected to fall sharply from 99.91% to 72.80%.
All three IPOs will anchor on 2 Dec and list on 10 Dec 2025.
Meanwhile, the market is keenly watching ICICI Prudential AMC, which has secured SEBI’s approval for its massive ₹10,000 Cr IPO, one of the biggest in the MF industry. The issue is likely to hit the markets in December, making it the month’s most anticipated listing.
