Mainboard IPO Listing estimates

Mainboard IPO Listing estimateIPO Listing Price estimate

The Live listing estimates for Mainboard IPOs, provided below can be highly useful for investors. They help you plan in advance whether to hold, book listing gains, or exit the allotted shares. A careful look at these estimates will enable you to make informed and timely decisions on the listing day.

ICICI AMC Ltd – Listing Price Estimate (Rs. 2650–2665)

ICICI AMC has witnessed exceptionally strong demand across all investor categories, with overall subscription at 39.17x, led by an aggressive QIB subscription of 123.87x, clearly indicating long-term institutional conviction. NII participation at 22.04x further reinforces confidence, while retail interest at 2.53x remained selective, largely driven by sub-Rs. 2 lakh applications aimed at improving allotment probability.

The average application size of over Rs. 5.32 lakh highlights dominance of large investors and HNIs, which typically supports a strong opening but may also introduce volatility post-listing. Grey Market Premium showed a sharp intraday rally from Rs. 410 to Rs. 520, closing at the day’s high, reflecting sustained buying interest and operator confidence.

With an offer price of Rs. 2165 and prevailing GMP of Rs. 520, the implied valuation points to a listing band of Rs. 2650–2665. Grey-market activity remains strong across Mumbai, Rajkot, Ahmedabad, and Jaipur, keeping sentiment firmly positive.

Considering subscription quality, GMP stability near highs, and strong institutional backing, ICICI AMC is expected to list around Rs. 2650–2665, with healthy early trade volumes and scope for intraday momentum, while post-listing performance will hinge on broader market conditions and valuation comfort.

👉Corona Remedies IPO – Listing Estimate (Listing on 15 December 2025)

Subscription Tally
Size – Rs 460.51 Cr
(Closed on 10 December 2025)
QIB B HNI S HNI HNI RII Total
293.80 246.67 167.20 220.18 30.39 144.54
Subscription Review-   41,87,186 applications (Average Application Amount Rs.?)
Net of Anchor Investors,  43,36,298 shares were offered amounting to Rs. 460.51 Cr.

The IPO witnessed an extraordinary overall subscription of 144.54×, driven by massive institutional and HNI participation.
QIB demand at 293.80× and combined HNI subscription of 220.18× clearly indicate strong smart-money and leveraged interest.
Retail participation at 30.39× also reflects broad-based confidence in the issue despite the high ticket size.
A total of 41,87,186 applications were received, translating into an average application amount of around Rs. 295,906, indicating concentrated big-ticket bets.
Net of anchor investors, 43,36,298 shares worth Rs. 460.51 Cr were offered, making this one of the most aggressively chased issues in recent times.
With an issue price of Rs. 1,065 and the latest GMP at Rs. 295, grey market cues remain extremely firm.
Based on current trends and demand intensity, the listing price is estimated in the range of Rs. 1,350–1,370, subject to last-day sentiment.

👉Wakefit IPO – Listing Estimate (Listing on 15 December 2025)

Subscription Tally
Size – Rs 708.89 Cr
(Closed on 10 December 2025)
QIB B HNI S HNI HNI RII Total
3.04 0.88 1.41 1.05 3.17 2.52
Subscription Review-  2,33,012 applications received
Net of Anchor Investors, 363,53,277 shares were offered amounting to Rs. 708.89 Cr.

Wakefit IPO closed with an overall subscription of 2.52×, indicating decent but not aggressive demand across categories.
Retail interest remained healthy at 3.17×, while QIB participation at 3.04× provided reasonable institutional support.
HNI demand stayed muted at 1.05×, reflecting limited leverage-driven enthusiasm at current valuation.
With 2,33,012 applications received, the response suggests steady interest rather than speculative frenzy.
The issue price is Rs. 195, and the latest grey market premium (GMP) stands at Rs. 4. Overall, Wakefit IPO is expected to see a near-cost to marginally positive listing ( Rs. 195/200), barring sharp last-minute GMP movement.


👉Meesho IPO – Listing Estimate (Listing on 10 December 2025)

 
Size – Rs 5421.20 Cr
(Op-3 Dec Close- 5 Dec All-8 Dec Li-10 Dec)
QIB B HNI S HNI HNI RII Total
123.34 43.64 32.28 39.85 19.89 81.76
 

Meesho’s Rs. 5,421.20 crore IPO has witnessed exceptionally strong institutional support, with QIB subscription at 123.34 times—far superior to the HNI and Retail categories. This indicates solid conviction from long-term institutional investors and reduces the risk of heavy selling pressure on listing day.

Although the company has reported losses over the last three years, investors have clearly taken comfort from the sharp surge in topline growth and significant improvement in EBIT performance, reflecting operational strength and scalability in its asset-light business model.

Given the overall subscription profile, strong QIB backing, and improving financial trajectory, the shares are expected to list in the range of:

👉 Rs. 140 to Rs. 142

A stable-to-positive listing is anticipated, backed by institutional demand.

Aequs IPO – Listing Estimate (Listing: 10 December 2025)

 
Size – Rs 921.81 Cr
(Op-3 Dec Close- 5 Dec All-8 Dec Li-10 Dec)
QIB B HNI S HNI HNI RII Total
122.93 79.86 91.13 83.61 81.03 104.30
 

Aequs IPO has witnessed overall blockbuster demand, with total subscription crossing 104 times, reflecting strong appetite across all categories. Retail and HNI participation is extremely high, with HNIs at 83.61x and Retail at 81.03x, which indicates significant selling pressure on listing day as leveraged positions unwind.

However, the most important factor is the robust QIB subscription of 122.93x, clearly signalling strong institutional conviction. QIB strength typically absorbs selling pressure and provides stability, especially in companies with high-growth potential.

Despite losses in the last three years—making PE calculations irrelevant—the company’s topline momentum, niche precision manufacturing portfolio, and reasonable offer valuation leave ample room for both listing gains and post-listing appreciation. The prevailing GMP of Rs. 28 over the issue price of Rs. 124 also supports a premium opening.

Expected Listing Range

Rs. 160 – Rs. 165 per share, with a higher probability of listing near the upper band, given institutional demand and sector fancy.

Post-Listing Outlook

Long-term investors may consider retaining the stock, as the business has solid 9–12 months growth potential and operates in a sector where valuations can rerate meaningfully.

Vidya Wires IPO – Refined Listing Estimate (Listing: 10 December 2025)

 
Size – Rs 300.01 Cr
(Op-3 Dec Close- 5 Dec All-8 Dec Li-10 Dec)
QIB B HNI S HNI HNI RII Total
5.45 51.16 65.50 55.94 29.98 28.53
 

Vidya Wires IPO has witnessed strong interest across investor categories, particularly from HNIs (55.94×) and Retail (29.98×). Such heavy oversubscription from leveraged categories typically brings substantial selling pressure on listing day. However, the presence of QIB subscription at 5.45× provides stability and reduces extreme volatility risk.

Fundamentally, the company stands on solid ground. With backward integration, a broad customer base and established industry relationships, the business enjoys operational stability and lower concentration risk. Its valuation at a PE of 20.36 is reasonable for the segment, leaving potential room for healthy listing gains. The profitability ratios—ROE at 24.57% and ROCE at 19.72%—underscore efficient operations, though margins remain modest in line with manufacturing businesses.

The grey market premium of Rs. 4 supports mild listing positivity.

Expected Listing Price Range

Rs. 55 to Rs. 60 per share, with higher probability toward the upper end of the range due to fair valuations and strong participation from all categories.

Investors with a 9–12 months horizon may see better returns, as the company’s fundamentals and industry positioning remain favourable for medium-term appreciation.

Q1. What exactly are listing estimates?

Listing estimates indicate the likely debut price of IPO shares on the stock exchange, derived from company fundaments, subscription demand, grey market trends, and overall sentiment.

Q2. How reliable are these estimates?

They are indicative, not final. Market momentum and institutional buying on the listing day may lead to a higher or lower actual listing price

Q3. Why are listing estimates important for investors?

They help investors plan their exit or holding strategy in advance, reducing the risk of emotional decisions on listing day. Many a times, a IPO donot have grey market fancy, and yet due to strong fundamentals, the IPO can get listed at higher price. In such instances, the estimate of listing price becomes very profitable.

Q4. Can listing estimates ensure profits?

No, estimates are guidance tools. Profitability depends on live market conditions, not just projections.

Q5. Should investors rely only on listing estimates?

No. Along with estimates, investors should also evaluate company fundamentals and align decisions with their financial goals.