As many as 15 IPOs are on investors' radar, some of which have already opened for subscription. Grey market premiums signal strong interest for some marquee issues and muted for some other lesser known names. The highest GMP in the pack suggests potential gains of up to 41%, keeping both retail and HNI investors hooked as December momentum builds.# 15 IPOs to Track in 8 Days: GMPs Hint at Up to 41% Listing Gains for Investors
** December 4, 2025**
December is shaping up to be a blockbuster for India's IPO market, with a flurry of offerings across mainboard heavyweights and SME darlings set to hit the street over the next week. As per a fresh Economic Times roundup, 15 IPOs are worth radar-locking from today through December 12—spanning e-commerce unicorns to niche industrials. Grey Market Premiums (GMPs) are flashing bullish signals, with the top dog hinting at a sizzling 41% pop on listing day. Amid festive afterglow and FII inflows trickling back, this pipeline could mop up over Rs 10,000 crore, fueling the bull run into 2026.
GMPs aren't gospel—they're unofficial vibes from unlisted trades—but they've nailed 70%+ of listings within 5% accuracy this year. With Nifty at all-time highs, these could be your ticket to quick flips or long-haul bets. We've sifted the noise: here's the hit list, complete with timelines, pricing, and projected gains. Buckle up—retail quotas are filling fast.
### The GMP Game: What It Means for Your Wallet
Quick decode:
- **GMP**: Premium over issue price in grey trades; e.g., Rs 45 on a Rs 111 upper band = ~41% expected listing gain.
- **Why Track Now?** Subscriptions kick off today for some, with allotments by Dec 10-15. High GMPs (30%+) scream oversubscription; zeros flag caution.
- **Market Pulse**: E-commerce (Meesho) and manufacturing (Aequs) lead the hype, while SMEs like Riddhi Display lag. Total frenzy? Expect 5-10x bids on stars.
Data pulled from live grey markets as of Dec 4 close—prices fluctuate, so DYOR via ASBA apps.
### The 15 IPOs: Dates, Deals, and Dream Gains
| IPO Name | Sector/Type | Open Date | Close Date | Price Band (Rs) | GMP (Rs) | Est. Listing Gain (%) |
|---------------------------|-----------------|---------------|---------------|-----------------|----------|-----------------------|
| Meesho | E-commerce/Mainboard | Dec 3 | Dec 5 | 100-111 | 46 | 41% |
| Aequs | Aerospace/Mainboard | Dec 3 | Dec 5 | 115-124 | 45 | 36% |
| Corona Remedies | Pharma/Mainboard | Dec 8 | Dec 10 | 850-900 | 365 | 41% |
| Luxury Time | Retail/SME | Dec 4 | Dec 8 | 78-82 | 20 | 24% |
| Shri Kanha Stainless | Metals/SME | Dec 3 | Dec 5 | 85-90 | 25 | 28% |
| Wakefit Innovations | Consumer/Mainboard | Dec 8 | Dec 10 | 159-195 | 36 | 18% |
| Vidya Wires | Wires/Mainboard | Dec 3 | Dec 5 | 45-52 | 7 | 13% |
| KV Toys India | Toys/SME | Dec 8 | Dec 10 | 230-240 | 27 | 11% |
| Riddhi Display Equipments | Displays/SME | Dec 8 | Dec 10 | 95-100 | 1 | 1% |
| Western Overseas Study Abroad | Education/SME | Dec 4 | Dec 8 | 56 | 0 | 0% |
| Nephrocare Health | Healthcare/SME | Dec 9 | Dec 11 | 438-460 | - | Not Emerged |
| Flywings Simulator Training | Aviation/SME | Dec 6 | Dec 8 | 145-150 | - | No Trend |
| ScaleSauce (Encompass Design) | Tech/SME | Dec 5 | Dec 9 | 51-55 | 0 | Flat |
| Methodhub Software | IT/SME | Dec 4 | Dec 6 | 51 | Flat | Flat |
| Prodocs Solutions | Services/SME | Dec 7 | Dec 9 | 51 | Absent | Muted |
*Notes: GMPs from grey markets as of Dec 4; gains calculated on upper band. Listings ~T+3 post-close. Issue sizes range Rs 100-6,000 Cr—check RHPs for anchors.
Standouts? Meesho's 41% tease on its Rs 6,000 Cr behemoth could eclipse Zomato's debut, while Corona's pharma punch eyes 30%+ amid export booms. Laggards like Riddhi? Bargain hunts for patient plays.
### Broader Vibes: IPO Mania Meets Macro Tailwinds
This rush caps a stellar 2025—over 200 listings, Rs 1.5 lakh Cr raised, 25% average gains. RBI's steady rates and capex push are magnets, but watch US Fed whispers for volatility. SMEs dominate (10/15 here), offering 2-3x lot returns if GMPs hold.
Risks: Overhype leads to post-list dumps (hello, 2023 flops). GMPs dipped 10% intra-day for Vidya Wires—timing is key.
### Your Playbook: From Alert to Allotment
1. **Apply Smart**: Use UPI for retail (max 13 lots); HNIs for big swings. Zerodha/Groww for seamless bids.
2. **GMP Pulse**: Track daily on IPOWatch.in or InvestorGain—spikes pre-close signal wins.
3. **Exit Strat**: Flip 50% on 20%+ open; hold rest for 6-12 months if fundamentals shine (e.g., Meesho's 500 Cr users).
4. **Diversify**: Cap 5% portfolio; mix with debt for ballast.
With Dec 12 as D-day, this week's subscriptions could set Q4 tones. Meesho alone might sway mid-caps. What's your top pick—hype or value?
Share your IPO war stories below. Until next, bid bold.
*Disclaimer: Not financial advice. IPOs carry allotment and market risks. Consult advisors; past GMPs don't guarantee future pops.*
