Upcoming IPOs: The action across the primary market space is getting more hectic. As many as 26 IPOs are scheduled to open in a single week including 10 mainboard offers and 16 SME issues.
Apart from these fresh offers, several companies are also lined up to make their market debut. Let’s take a look at the upcoming IPOs, listings and more –
Mainboard IPOs: The bigger players step in
Atlanta Electricals: Atlanta Electricals is looking to raise Rs 687 crore through a mix of fresh issue (Rs 400 crore) and offer for sale (Rs 287 crore). The bidding window will remain open between September 22-24, with listing likely on September 29. The price band has been set at Rs 718-Rs 754 per share.
Ganesh Consumer Products: This FMCG player has filed for a Rs 409 crore IPO, combining fresh issue of Rs 130 crore and an OFS of Rs 279 crore. The offer opens on September 22 and closes on September 24, with shares priced in the band of Rs 306-Rs 322.
Anand Rathi Share: Brokerage firm Anand Rathi is hitting the market with a Rs 745 crore IPO, entirely a fresh issue. The subscription period runs from September 23-25, and the stock is likely to list on September 30. The price band has been fixed at Rs 393-Rs 414.
Seshaasai Technologies: Seshaasai Technologies is planning a Rs 813 crore issue, which includes a fresh issue worth Rs 480 crore and OFS of Rs 333 crore. The IPO will open on September 23 and close on September 25, with a tentative listing on September 30. The company has set the price range between Rs 402-Rs 423.
Jaro Institute: The education services firm Jaro Institute is eyeing Rs 450 crore from the market. Of this, Rs 170 crore is fresh issue and Rs 280 crore is OFS. The IPO runs from September 23-25, and the price band is Rs 846-Rs 890 per share.
Solarworld Energy Solutions: With the renewable energy theme still in focus, Solarworld Energy Solutions is bringing a Rs 490 crore IPO. Investors can bid from September 23-25 within a price band of Rs 333-Rs 351. Shares are expected to list on September 30.
Epack Prefab Technologies: Epack is set to launch a Rs 504 crore issue, consisting of a fresh issue of Rs 300 crore and OFS of Rs 204 crore. The IPO will be open for bidding from September 24-26, with a price range of Rs 194-Rs 204.
BMW Ventures: BMW Ventures is coming up with a pure fresh issue of 2.34 crore shares. It is expected to open for subscription from September 24-26, and listing likely on October 1.
Jain Resource Recycling: The biggest issue in the pack is Jain Resource Recycling, which plans to raise Rs 1,250 crore through a mix of fresh issue (Rs 500 crore) and OFS (Rs 750 crore). The IPO will run between September 24-26, with shares priced at Rs 220-Rs 232. Listing is scheduled for October 1.
Jinkushal Industries: Wrapping up the mainboard line-up is Jinkushal Industries with a smaller issue worth Rs 116 crore. The IPO opens on September 25 and closes on September 29, with a tentative listing on October 3. The price band has been fixed at Rs 115-Rs 121.
SME IPOs: 16 smaller issues on the radar
Solvex Edibles: It is launching a Rs 18.87 crore fixed price issue. The IPO opens on September 22 and closes on September 24 at a price of Rs 72 per share.
Prime Cable Industries: The company plans to raise Rs 40.01 crore through this issue. The book-built IPO opens on September 22 and closes on September 24 with a price band of Rs 78-83 per share.
Ecoline Exim: The IPO will open its Rs 76.42 crore IPO on September 23 and close on September 25. The price band is set between Rs 134-141 per share.
NSB BPO Solutions: The company plans a Rs 77.91 crore IPO, open from September 23-25. Shares are priced between Rs 140–147 per share.
Matrix Geo Solutions: The issue will hit the market with a Rs 40.20 crore issue. The IPO opens on September 23 and closes on September 25, priced at Rs 98-104 per share.
True Colors: The company is raising Rs 127.96 crore through a book-built issue. The IPO is open between September 23–25 at a price of Rs 181–191 per share.
Aptus Pharma: This company is bringing a smaller Rs 13.02 crore IPO. The issue opens on September 23 and closes on September 25, priced at Rs 65-70 per share.
BharatRohan Airborne Innovations: The company plans to raise Rs 45.04 crore. The IPO opens on September 23 and closes on September 25, with a price band of Rs 80–85 per share.
Praruh Technologies: It is set to launch a Rs 23.50 crore IPO. The book-built issue opens on September 24 and closes on September 26, priced at Rs 60-63 per share.
Gurunanak Agriculture: The company will raise Rs 28.80 crore through a fixed price issue. The IPO opens on September 24 and closes on September 26, with shares priced at Rs 75 each.
Riddhi Display Equipments: The IPO will open its Rs 24.68 crore IPO on September 24 and close on September 26. The price band is Rs 95-100 per share.
Justo Realfintech: It is looking to raise Rs 63 crore. The IPO opens on September 24 and closes on September 26, with a price range of Rs 120-127 per share.
Systematic Industries: The company has filed for a Rs 115.60 crore IPO. The issue opens on September 24 and closes on September 26, priced between Rs 185-195 per share.
Chatterbox Technologies: The IPO will open its Rs 42.86 crore IPO on September 25 and close on September 29. The price band has been fixed at Rs 110-115 per share.
Bhavik Enterprises: This issue is coming with a Rs 77 crore fixed price issue. The IPO opens on September 25 and closes on September 30.
DSM Fresh Foods: The company is planning a Rs 59.65 crore IPO. The issue opens on September 26 and closes on September 30, with a price band of Rs 96-101 per share.
Upcoming listings to watch
Along with fresh issues, several companies are also set to make their debut on the exchanges next week. Key names include-
TechD Cybersecurity will hit the market on September 22. Euro Pratik Sales will list on September 23, followed by VMS TMT, Sampant Aluminium on September 24. On September 25, investors can watch out for iValue Infosolutions and JD Cables.
The week will close with multiple debuts on September 26, including Saatvik Green Energy, GK Energy, and Siddhi Cotspin.