KUBERGROW TEAM Upcoming IPOs: Investor Interest Rises Ahead of Share Sale
The excitement around upcoming IPOs is picking up pace as three notable companies — PhysicsWallah, Pine Labs, and Emmvee Photovoltaic Power — are preparing for their public offerings. The Grey Market Premiums (GMPs) of these IPOs have increased in recent days, signaling strong investor demand ahead of their listing. A rising GMP often indicates positive market sentiment, as investors are willing to pay a premium over the official issue price to secure shares before the IPO is listed on exchanges.
These upcoming IPOs have attracted attention from retail and institutional investors, largely due to their market positioning, sector relevance, and growth prospects.
PhysicsWallah IPO Price Band and GMP
PhysicsWallah, the fast-growing edtech firm, has set a price band of ₹103–109 per share for its ₹3,480-crore IPO. Subscription for the public issue will open on November 11 and close on November 13, with anchor investor allocation scheduled on November 10.
At the upper end of the price band, PhysicsWallah is seeking a valuation of ₹31,500 crore, reflecting confidence in its growth trajectory within India’s education technology ecosystem. The GMP for PhysicsWallah IPO has risen by approximately 5%, showing healthy pre-listing demand. This increase in GMP suggests that investors believe in the company’s business model, scalability, and market reputation among students.
Pine Labs IPO Gains Attention in Fintech Sector
Pine Labs, one of India’s leading fintech companies, has announced a price band of ₹210–221 per share for its ₹3,900-crore IPO. The issue opens on November 7 and closes on November 11, while anchor allocation will take place on November 6.
With the company aiming for a valuation above ₹25,300 crore, Pine Labs stands out among the upcoming IPOs in the digital payments and financial services segment. The Pine Labs IPO GMP has increased by around 5%, indicating solid investor confidence in fintech growth and digital transaction adoption across India. The company’s strong merchant network and digital solutions ecosystem contribute to its investor appeal.
Emmvee Photovoltaic IPO: Renewable Energy Demand Boosts GMP
Emmvee Photovoltaic Power, a manufacturer of solar cells and module solutions, has set a price band of ₹206–217 per share for its ₹2,900-crore IPO. The issue will open for public subscription on November 11 and close on November 13, with anchor allocation on November 10.
At the top end of the pricing range, Emmvee aims for a valuation of ₹15,000+ crore. The GMP for Emmvee Photovoltaic IPO has surged by nearly 9%, making it the highest GMP jump among these upcoming IPOs. Growing interest in renewable and clean energy sectors likely contributes to the increased demand.
Grey Market Premium Snapshot
| IPO | Price Band (₹) | GMP (%) |
|---|---|---|
| PhysicsWallah | 103–109 | 5% |
| Pine Labs | 210–221 | 5% |
| Emmvee Photovoltaic | 206–217 | 9% |
The rise in GMP across these offerings highlights growing investor enthusiasm and confidence across diverse high-growth industries — edtech, fintech, and renewable energy.
Conclusion
Investors tracking upcoming IPOs should consider both GMP trends and company fundamentals before participation. While rising GMPs show strong early sentiment, long-term value depends on business performance post-listing. PhysicsWallah, Pine Labs, and Emmvee Photovoltaic are expected to draw significant attention throughout their subscription periods and listing dates.
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Disclaimer: This article is for informational purposes only and does not constitute
investment advice. Investors should conduct their own due diligence and consult
financial advisors before making any decisions.Â
