11 IPOs Set to Open Next Week: Meesho, Aequs, Vidya Wires Lead December Rush

India's primary market is gearing up for a blockbuster December as at least 11 initial public offerings are scheduled to open for subscription in the first week of the month. The lineup includes three mainboard IPOs led by e-commerce giant Meesho, along with eight SME issues, offering investors diverse opportunities across sectors and market segments.

Meesho: The Marquee Offering

The highlight of next week's IPO calendar is undoubtedly Meesho, India's leading social commerce platform, which is looking to raise ₹5,421.20 crore through a combination of fresh equity and an offer for sale.

Meesho IPO Details

• Issue size: ₹5,421.20 crore
• Fresh issue: ₹4,250 crore
• Offer for sale (OFS): ₹1,171.20 crore
• Price band: ₹105 to ₹111 per share
• Subscription period: December 3-5, 2025
• Listing date: December 10, 2025
• Lot size: 135 shares
• Minimum investment: ₹14,985 at upper price band

As the largest IPO scheduled for next week, Meesho's public listing will test investor appetite for digital commerce platforms at a time when the sector has demonstrated strong growth in tier-2 and tier-3 Indian cities.

Mainboard IPOs: Three Major Launches

1. Aequs IPO

Precision component manufacturer Aequs is bringing a ₹921.81 crore issue combining new equity and an offer for sale.

• Issue size: ₹921.81 crore
• Fresh issue: ₹670 crore
• Offer for sale: ₹251.81 crore
• Price band: ₹118 to ₹124 per share
• Subscription period: December 3-5, 2025
• Listing date: December 10, 2025
• Lot size: 120 shares
• Minimum investment: ₹14,880 at upper price band

Aequs operates in the aerospace and precision engineering sectors, providing components to global manufacturers. The company's IPO comes at a time of growing domestic and international demand for precision manufacturing capabilities.

2. Vidya Wires IPO

Completing the trio of mainboard offerings, Vidya Wires is planning to raise ₹300.01 crore.

• Issue size: ₹300.01 crore (fresh issue + OFS)
• Price band: ₹48 to ₹52 per share
• Subscription period: December 3-5, 2025
• Listing date: December 10, 2025
• Lot size: 288 shares
• Minimum investment: ₹14,976 at upper price band

SME IPO Calendar: Eight Diverse Offerings

The SME segment will see eight new issues opening across the first week of December, providing opportunities for investors seeking exposure to smaller, high-growth companies.

Opening December 1

1. Astron Multigrain IPO

• Issue size: ₹18.40 crore (fresh issue + OFS)
• Fixed price: ₹63 per share
• Subscription period: December 1-3, 2025
• Listing: BSE SME on December 8, 2025
• Lot size: 4,000 shares
• Minimum investment: ₹2,52,000

2. Invicta Diagnostic IPO

• Issue size: ₹28.12 crore (fresh issue)
• Price band: ₹80 to ₹85 per share
• Subscription period: December 1-3, 2025
• Listing date: December 8, 2025
• Lot size: 3,200 shares
• Minimum investment: ₹2,72,000 at upper price band

3. Speb Adhesives IPO

• Issue size: ₹33.72 crore (fresh issue + OFS)
• Price band: ₹52 to ₹56 per share
• Subscription period: December 1-3, 2025
• Listing: NSE SME on December 8, 2025
• Lot size: 4,000 shares
• Minimum investment: ₹2,24,000 at upper price band

4. Clear Secured Services IPO

• Issue size: ₹85.60 crore (fresh issue)
• Price band: ₹125 to ₹132 per share
• Subscription period: December 1-3, 2025
• Listing: NSE SME on December 8, 2025
• Lot size: 2,000 shares
• Minimum investment: ₹2,64,000 at upper price band

5. Ravelcare IPO

• Issue size: ₹24.10 crore (fresh issue)
• Price band: ₹123 to ₹130 per share
• Subscription period: December 1-3, 2025
• Listing: BSE SME on December 8, 2025
• Lot size: 2,000 shares
• Minimum investment: ₹2,60,000 at upper price band

Opening December 2

6. Helloji Holidays IPO

• Issue size: ₹10.96 crore (fresh issue)
• Price band: ₹110 to ₹118 per share
• Subscription period: December 2-4, 2025
• Listing: BSE SME on December 9, 2025
• Lot size: 2,400 shares
• Minimum investment: ₹2,83,200 at upper price band

7. Neochem Bio Solutions IPO

• Issue size: ₹44.97 crore (fresh issue)
• Price band: ₹93 to ₹98 per share
• Subscription period: December 2-4, 2025
• Listing: NSE SME on December 9, 2025
• Lot size: 2,400 shares
• Minimum investment: ₹2,35,200 at upper price band

Opening December 4

8. Luxury Time IPO

• Issue size: ₹18.74 crore (fresh issue + OFS)
• Price band: ₹78 to ₹82 per share
• Subscription period: December 4-8, 2025
• Listing: BSE SME on December 11, 2025
• Lot size: 3,200 shares
• Minimum investment: ₹2,62,400 at upper price band

Upcoming Listings Next Week

While new IPOs open for subscription, several companies that recently closed their subscription periods will make their stock market debuts next week:

• SSMD Agrotech India
• Mother Nutri Foods
• KK Silk Mills
• Purple Ware Infocom
• Exato Technologies
• Logiciel Solutions

These listings will provide early indicators of market sentiment and help set the tone for the new issues opening for subscription.

Investment Considerations

For Mainboard IPOs

Investors evaluating the three mainboard offerings should consider:

• Company fundamentals: Review financial performance, growth trajectory, and competitive positioning
• Valuation metrics: Compare pricing with listed peers in similar sectors
• Use of proceeds: Understand how fresh capital will be deployed
• Industry outlook: Assess sector-specific trends and growth prospects
• Grey market premium: Monitor unofficial trading indicators (though not guaranteed)

For SME IPOs

SME investments carry distinct characteristics:

• Higher risk profile: Smaller companies with less operational track record
• Liquidity considerations: SME platforms typically have lower trading volumes
• Higher minimum investment: Lot sizes require substantial capital commitment (₹2+ lakhs)
• Growth potential: Opportunity to invest in emerging businesses at early stages
• Due diligence: Critical to thoroughly review draft prospectuses and financials

Market Context and Timing

The concentrated IPO activity comes at an interesting time for Indian markets:

• Year-end positioning: Institutional investors finalizing calendar year allocations
• Liquidity conditions: Market liquidity affecting subscription levels and pricing
• Recent IPO performance: Track record of recent listings influencing sentiment
• Sectoral rotation: Investor preferences shifting across market segments

Sector Representation

Next week's IPOs span diverse sectors:

• E-commerce: Meesho representing digital economy
• Manufacturing: Aequs (aerospace components), Vidya Wires
• Agribusiness: Astron Multigrain
• Healthcare: Invicta Diagnostic, Neochem Bio Solutions, Ravelcare
• Industrial: Speb Adhesives, Clear Secured Services
• Consumer: Helloji Holidays, Luxury Time

This diversity allows investors to select opportunities aligned with their sector preferences and risk appetite.

Application Process and Key Dates

Investors should note the staggered opening dates:

• December 1: Five SME IPOs open
• December 2: Two additional SME IPOs open
• December 3: All three mainboard IPOs open (Meesho, Aequs, Vidya Wires)
• December 4: Final SME IPO (Luxury Time) opens

This schedule requires investors to plan capital allocation across multiple days if participating in multiple issues.

Documentation and Eligibility

To participate in IPOs, investors need:

• Active demat account
• Linked bank account with sufficient funds
• PAN card for KYC compliance
• UPI ID for payment (for retail applications)
• Access to ASBA facility through net banking or broker platform

Allotment and Listing Timeline

Most issues follow a standard timeline:

• Subscription closes: 3-5 days after opening
• Basis of allotment: 2-3 days after subscription closes
• Refunds/credit to demat: 1 day after allotment
• Listing: 1-2 days after credit to demat accounts

Risk Factors and Disclaimers

Potential investors should be aware of several risks:

• Market volatility: IPO pricing and listing gains subject to market conditions
• Company-specific risks: Business challenges, competitive pressures, execution risks
• Regulatory changes: Policy shifts affecting specific sectors
• Oversubscription: May result in partial or no allotment in retail category
• Lock-in periods: Restrictions on selling shares for anchor investors and promoters

Conclusion

Next week's IPO calendar offers something for every type of investor—from the high-profile Meesho offering to niche SME opportunities. The concentration of 11 IPOs in a single week reflects strong primary market momentum and company confidence in current market conditions.

Investors should approach these opportunities with thorough research, understanding their individual risk tolerance and investment objectives. While IPOs can offer attractive returns, they also carry risks that require careful evaluation.

As always, diversification across issues, sectors, and market segments remains prudent. Those interested in participating should review offer documents carefully, consult financial advisors if needed, and ensure they understand the specific characteristics of each investment opportunity.

With listings also scheduled for several recent IPOs, next week promises to be eventful for India's primary and secondary markets, providing important signals about investor appetite and market direction as the year draws to a close.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

Categories: Aequs IPO, Meesho IPO, upcoming IPOs December