The primary market is gearing up for yet another action-packed week. In the upcoming week, there is a heavy line-up of new offerings across both mainboard and SME platforms. Four mainboard IPOs and as many as 16 SME issues are set to hit Dalal Street. On top of that, several companies will also make their stock market debut, adding to the buzz.
Let’s take a look at the upcoming ipos, listing and more –
Mainboard IPOs
Glottis IPO: Glottis is looking to raise Rs 307 crore through a mix of fresh issue (Rs 160 crore) and an offer for sale (Rs 147 crore). The price band of this issue is at Rs 120–129 per share. The subscription window runs from September 29 to October 1. Shares are expected to list on October 7.
Om Freight Forwarders IPO: Om Freight Forwarders is hitting the market with an issue size of Rs 122.31 crore, largely via offer for sale. The three-day bidding window opens on September 29 and will close on October 3. The price band of the issue is Rs 128–135 per share. Listing is scheduled for October 8.
Fabtech Technologies IPO: Fabtech Technologies’ Rs 230.35 crore IPO is entirely a fresh issue of equity. The issue is priced between Rs 181–191 per share. The issue opens on September 29 and closes on October 1. Shares are slated to list on October 7.
Advance Agrolife IPO: Agribusiness-focused Advance Agrolife will raise Rs 192.86 crore, again through a fresh issue. This mainboard IPO will be open for bidding from September 30 to October 3. A price band of Rs 95–100 per share is set for the issue, with listing expected on October 8.
SME IPOs
Chiraharit IPO: Chiraharit plans to raise Rs 31.07 crore through a fixed price issue at Rs 21 per share. The offer opens on September 29 and closes on October 3.
Sodhani Capital IPO: This issue, worth Rs 10.71 crore, is a mix of fresh shares and an offer for sale. Investors can subscribe between September 29 and October 1.
Vijaypd Ceutical IPO: This Rs 19.25 crore IPO is fully a fresh issue, priced at Rs 35 per share. The subscription runs from September 29 to October 1.
Om Metallogic IPO: This will raise Rs 22.35 crore via a fresh issue. With a fixed price of Rs 86 per share, the IPO will open on September 29. It will close its three-day bidding window on October 1.
Suba Hotels IPO: Hospitality chain Suba Hotels is coming out with a Rs 75.47 crore IPO, entirely a fresh issue. The subscription window for this SME issue is between September 29 to October 1.
Dhillon Freight Carrier IPO: Dhillon Freight Carrier is launching a Rs 10.08 crore IPO, fully a fresh issue of equity. The offer will remain open from September 29 to October 1.
Shlokka Dyes IPO: Shlokka Dyes is raising Rs 63.50 crore through a book-built issue. The price band is Rs 95–100 per share. The issue will run from September 30 to October 6.
Valplast Technologies IPO: The company plans to collect Rs 28.09 crore via a book-built issue. It is priced at Rs 51–54 per share. Subscription is open from September 30 to October 3.
B.A.G. Convergence IPO: This IPO, worth Rs 48.72 crore, will be listed on the NSE SME platform. The price band is set at Rs 82–87 per share. The subscription runs from September 30 to October 3.
Zelio E-Mobility IPO: EV player The company aims to raise Rs 78.34 crore. It is a mix of fresh shares and an offer for sale. The IPO, priced at Rs 129–136 per share, opens on September 30 and closes on October 3.
Shipwaves Online IPO: This company is tapping the market with a Rs 56.35 crore IPO. The price band is fixed price of Rs 12 per share. The offer opens on September 30 and closes on October 6.
Sheel Biotech IPO: This will raise Rs 34.02 crore via a book-built issue, priced at Rs 59–63 per share. Investors can subscribe between September 30 and October 3.
Munish Forge IPO: The forging company is coming out with a Rs 73.92 crore IPO, including both fresh shares and an OFS. The price band is Rs 91–96 per share. The issue is open from September 30 to October 3.
Sunsky Logistics IPO: It plans to raise Rs 16.84 crore through a fresh issue. The price band is fixed at Rs 46 per share. The IPO opens on September 30 and closes on October 3.
Greenleaf Envirotech IPO: A clean-tech player, it will raise Rs 21.90 crore through a fresh issue. The shares are priced at Rs 136 each. The offer opens from September 30 to October 6.
Infinity Infoway IPO: Infinity Infoway is set to raise Rs 24.42 crore via a fresh issue of equity. The IPO opens for subscription on September 30 and closes on October 3.
Key listings to watch
Next week will also see several companies making their stock market debut.
September 29: Atlanta Electricals and Ganesh Consumer Products will be listed on NSE and BSE.
September 30: Seshaasai Technologies, Solarworld Energy Solutions, Jaro Institute, and Anand Rathi Share & Stock Brokers will join the bourses.