The SME IPO of Veto Switchgears and Cables Ltd., which has gone on air from December 3, 2012, has received 70% subscription so far till Day 2 on an overall basis.

Veto Switchgears and Cables Ltd is an ISO 9001:2008 certified company, engaged in the manufacture and sale of wires & cables and electrical accessories in India. Veto Switchgears product portfolio ranges from industrial cables, stand cables to telephone & co-axial wires, from general switches to modular switches, from ceiling fans to rechargeable fans, compact fluorescent lamps and other electrical accessories.

The IPO has received a CRISIL SME fundamental grade of "SME 4/5" (SME Four on Five) to the proposed IPO of the Company. The grade indicates that the fundamentals of the Company are superior compared to other SMEs in India. The IPO would remain open for subscription till December 5, 2012

The primary markets in India are expected to get a perk up and kick-start again with some of most anticipated names expected to enter the capital markets in December 2012. Here's a look at some of the IPOs expected to hit the streets in coming month:

1. Veto Switchgears IPO
The company is a manufacturer and seller of wires, cables and electrical accessories, has a diversified product basket, which includes around 20 product categories. The IPO would be open for subscription between December 3, 2012 and December 5, 2012. The price band would be Rs.48/- to Rs.50/- per equity share

2. CARE IPO
Credit Analysis & Research Ltd (CARE) is a second largest full service credit rating company in India. The company offers rating and grading services across a diverse range of instruments and industries including IPO grading, equity grading, and grading of various types of enterprises, including shipyards, maritime training institutes, construction companies and rating of real estate projects, among others. The IPO would be open for subscription between December 7, 2012 and December 11, 2012

3. Bharti Infratel IPO
Bharti Infratel Limited, one of the largest tower infrastructure providers in India, based on the number of towers that Bharti Infratel owns and operates, is a provider of tower and related infrastructure. Bharti Infratel deploys, owns and manages telecom towers and communication structures for all wireless operators. The IPO would be open for subscription between December 10, 2012 and December 14, 2012

4. PC Jewellers IPO
PC Jeweller Ltd is an established jewellery retailer in North India. Company's operations include the manufacture, retail and wholesale of jewellery. PCJ offers a wide range of products including gold jewellery, diamond jewellery and other jewellery including silver articles. The Delhi-based jeweler currently has 20 stores, the brand has many showrooms in 8 states of India. The IPO would be open for subscription between December 10, 2012 and December 12, 2012