5 IPOs Launch Next Week, Modern Diagnostic to List on BSE SME

• Five new IPOs are set to launch from January 5, 2026, with one company, Modern Diagnostic & Research Centre, scheduled for listing on BSE SME on January 7.
• Bharat Coking Coal, a Coal India subsidiary, will open its mainboard IPO (offer-for-sale) on January 9, closing January 13.
• SME IPOs include Gabion Technologies India (Jan 6-8), Victory Electric Vehicles International (Jan 7-9), Yajur Fibres (Jan 7-9), and Defrail Technologies (Jan 9-13).
• Gabion Technologies aims to raise Rs 29.16 crore, Victory Electric Vehicles Rs 34.56 crore, and Yajur Fibres Rs 120.4 crore.
• Modern Diagnostic IPO saw over 350 times subscription, trading at >17% premium in grey market; Gabion Technologies at >30% premium.

Why It Matters: Next week brings a flurry of IPO activity with five new issues and one significant SME listing.