The first week of September is set to be action-packed on Dalal Street with a flurry of public issues and market debuts. At least seven IPOs are opening for subscription, while 13 companies are scheduled to list on the bourses. From pharmaceuticals to construction and IT services, here is a list of upcoming IPOs that are set to open in the first week of the new month, along with issues scheduled to make their entry on Dalal Street.

Mainboard IPOs

There is only one mainboard IPO opening between September 1 to September 5.

Amanta Healthcare IPO

Among the mainboard IPO that is hitting the market is Amanta Healthcare, a pharmaceutical company engaged in sterile liquid formulations. The IPO opens on September 1 and will close on September 3.

With a price band set between the range of Rs 120 to Rs 126 per share, the company is planning to raise about Rs 126 crore through a fresh issue of one crore shares.

Amanta plans to use the proceeds for capital expenditure and general corporate needs. The minimum lot size for retail investors is 119 shares. The company operates in six therapeutic segments, manufacturing both large and small volume parenterals.

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SME IPOs

In the SME segment, a total of seven IPOs are set to open for bidding in the first week of the month. This includes –

Rachit Prints IPO

Rachit Prints, a printing and packaging firm, will float its SME IPO from September 1 to September 3. The company aims to raise Rs 19.49 crore through a fresh issue of 0.13 crore shares. The price band is set at Rs 140 to Rs 149 per share.

Goel Construction IPO

Construction-focused Goel Construction will come to market between September 2 and September 4, with an IPO size of Rs 99.77 crore. The issue includes a fresh portion worth Rs 80.81 crore and an offer for sale of Rs 18.96 crore. Shares are priced in the range of Rs 249 to Rs 262.

Optivalue Tek Consulting IPO

Optivalue Tek Consulting, an IT consulting and services firm, will also open its IPO between September 2 to September 4. The company seeks to raise Rs 51.82 crore by issuing 61.69 lakh shares. The price band is Rs 80 to Rs 84, and retail investors will need to apply for a minimum of two lots (3,200 shares).

Austere Systems IPO

Technology solutions provider Austere Systems is set to open its IPO on September 3, which will run until September 8. The company plans to raise Rs 15.57 crore through a fresh issue of 28.3 lakh shares, priced between Rs 52 to Rs 55 per share.

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Sharvaya Metals IPO

Sharvaya Metals, engaged in the aluminium products business, will launch its IPO on September 4 and close on September 9. The offer size is Rs 58.80 crore, made up of a fresh issue of Rs 49 crore and an OFS of Rs 9.80 crore.

Vigor Plast India IPO

Plastic packaging maker Vigor Plast India will also hit the market between September 4 to September 9. The company is looking to raise Rs 25.10 crore. The issue is a mix of fresh shares worth Rs 20.24 crore and an OFS of Rs 4.86 crore. The price band is set at Rs 77 to Rs 81 per share.

Listings to watch

As many as 13 companies are scheduled to list on the exchanges next week.

The week begins with Classic Electrodes and Shivashrit Foods listing on September 1 on NSE SME, alongside Anondita Medicare. The following day, Globtier Infotech and NIS Management will make their market debut.

On September 3, multiple names including Current Infraprojects, Anlon Healthcare, Sattva Engineering Construction, and Vikran Engineering are set to list.

The action continues with Oval Projects Engineering on September 4, followed by Abril Paper Tech, Sugs Lloyd, and Snehaa Organics on September 5.