The IPO rush is far from cooling off. The upcoming week is again going to be a power-packed week as the Street is gearing up for 2 mainboard issues, 7 SME IPOs, and a flurry of listings. This also includes the much-awaited debut of National Securities Depository (NSDL).
From REITs to road infrastructure, and plastic goods to packaged foods let’s take a look at what is lined up for the week starting August 4.
Upcoming mainboard IPOs next week
Knowledge Realty Trust REIT IPO
Topping the charts is the Rs 4,800 crore IPO of Knowledge Realty Trust (KRT), which opens for subscription on August 5 and closes on August 7. This will be India’s largest office REIT upon listing, based on gross asset value and FY25 net operating income. The price band has been set at Rs 95 to Rs 100 per unit.
The IPO proceeds will go entirely toward fresh issuance, giving the REIT funds for expansion and asset development.
Highway Infrastructure IPO
Also hitting the mainboard is Highway Infrastructure, looking to raise Rs 130 crore through a mix of fresh issue and offer for sale. The IPO opens on August 5 and closes on August 7, with shares priced between Rs 65 to Rs 70 per share. The company is issuing 1.39 crore fresh equity shares, while existing shareholders will offload 46 lakh shares.
The funds will be used for working capital needs and general corporate purposes.
SME IPOs opening next this week
Bhadora Industries IPO
This Rs 55.62 crore issue will open on August 4 and close on August 6. Bhadora Industries is entirely a fresh issue of 54 lakh shares, priced between Rs 97 to Rs 103 apiece. It is set to list on the NSE SME platform on August 11.
Parth Electricals IPO
Also opening on August 4, Parth Electricals is looking to raise Rs 49.72 crore through a fresh issue of 29.25 lakh shares. The price band is Rs 160 to Rs 170. This engineering and electrical contracting company will also list on August 11.
Jyoti Global Plast IPO
A Rs 35.44 crore IPO comprising both fresh shares and an offer for sale. The issue will run from August 4 to 6. The price band has been fixed at Rs 62 to Rs 66.
Aaradhya Disposal Industries IPO
Another Rs 45.10 crore fresh issue, Aaradhya Disposal manufactures disposable products. The IPO opens on August 4 and closes on August 6, with a price band of Rs 110 to Rs 116. It is also eyeing an August 11 listing.
BLT Logistics IPO
This Rs 9.72 crore fresh issue opens on August 4 and lists on the BSE SME platform. The price band has been set at Rs 71 to Rs 75. The logistics firm operates warehousing and supply chain solutions.
Essex Marine IPO
A fixed price IPO of Rs 23.01 crore, Essex Marine is offering 42.62 lakh shares at Rs 54 each. The issue runs from August 4 to 6 and is expected to list on BSE SME on August 11.
Sawaliya Foods Products IPO
The only SME IPO opening later in the week on August 7 is Sawaliya Foods, with a Rs 34.83 crore issue. The company operates in the FMCG space, and the IPO includes both a fresh issue and OFS. It will close on August 11 and list on August 14. The price band is Rs 114 to Rs 120.
Listings to watch out for
A wave of IPO listings is also scheduled, with NSDL stealing the spotlight. The depository’s listing on August 6 will be closely tracked.
Other mainboard listings include –
Aditya Infotech and Laxmi India Finance on August 5
Sri Lotus Developers and M&B Engineering along with NSDL on August 6
SME listings will span the entire week:
Umiya Mobile and Repono on August 4 (BSE SME)
Kaytex Fabrics on August 5 (NSE SME)
Takyon Networks, Mehul Colours, and BD Industries (Pune) on August 6 (BSE SME)
Renol Polychem and Cash Ur Drive Marketing on August 7 (NSE SME)
Flysbs Aviation on August 8 (NSE SME)
JSW Cement IPO
JSW Cement is expected to launch its Initial Public Offering (IPO) in the coming weeks. Ahead of the launch, the company will hold an IPO roadshow in Mumbai on August 4.