Despite the upcoming holiday on August 27 (Ganesh Chaturthi), the primary market will remain abuzz as 10 public issues (IPOs) worth ₹1,240 crore are scheduled to open next week. Investors will also witness the listing of several new companies across the mainboard and SME segments.
Mainboard IPOs
Two major IPOs will dominate the mainboard:
- Vikran Engineering (Power transmission & water infrastructure services)
- Fundraising target: ₹772 crore
- Price band: ₹92–97 per share
- Subscription period: August 26–29
- Anlon Healthcare (Pharma intermediates & APIs manufacturer)
- Fundraising target: ₹121 crore
- Price band: ₹86–91 per share
- Subscription period: August 26–29
SME IPOs
The SME segment will see heightened activity with eight issues lined up:
- NIS Management – Security & facility management services
- Issue size: ₹60 crore
- Price band: ₹105–111 per share
- Subscription: August 25–28
- Globtier Infotech – IT solutions firm
- Issue size: ₹31 crore
- Fixed price: ₹72 per share
- Subscription: August 25–28
- Sattva Engineering Construction – Water & wastewater infrastructure solutions
- Issue size: ₹35.4 crore
- Price band: ₹70–75 per share
- Subscription: August 26 onwards
- Current Infraprojects – EPC company
- Issue size: ₹41.8 crore
- Price band: ₹76–80 per share
- Subscription: August 26 onwards
- Oval Projects Engineering – Oil & gas facility development (upstream to downstream)
- Issue size: ₹46.74 crore
- Price band: ₹80–85 per share
- Subscription: August 28–September 1
- Sugs Lloyd – Power infrastructure services
- Issue size: ₹85.66 crore
- Price band: ₹117–123 per share
- Subscription: August 29 onwards
- Abril Paper Tech – Paper manufacturing
- Issue size: ₹13.42 crore
- Price: ₹61 per share
- Subscription: August 29 onwards
- Snehaa Organics – Solvent recovery & recycling
- Issue size: ₹32.68 crore
- Price band: ₹115–122 per share
- Subscription: August 29 onwards
Additionally, ARC Insulation & Insulators will close its IPO on August 25, while Classic Electrodes (India), Shivashrit Foods, and Anondita Medicare will wrap up subscriptions on August 26.
Upcoming Listings
The mainboard will see five companies making their debut:
- August 26 – Patel Retail, Vikram Solar, Gem Aromatics, Shreeji Shipping Global
- August 28 – Mangal Electrical Industries
Grey market premiums suggest a 9–20% premium for Patel Retail, Vikram Solar, Gem Aromatics, and Shreeji Shipping Global, while Mangal Electrical is witnessing muted demand.
From the SME segment, upcoming listings include:
- August 25 – Studio LSD
- August 26 – LGT Business Connextions
- August 29 – ARC Insulation & Insulators
Disclaimer: The above information is for educational and informational purposes only and should not be considered as investment advice. Please consult your financial advisor before making any investment decisions.
