A Power Packed Week for Investors

The primary market in India is buzzing with action as 21 new initial public offerings open for subscription this week. Together, they aim to raise over Rs 4,450 crore, with five mainboard IPOs and a flurry of SME listings driving the momentum. Alongside, 26 companies are also scheduled to list on the bourses, making this one of the most active weeks of the year for equity markets.

Mainboard IPOs Lead the Charge

The excitement begins with Glottis, Fabtech Technologies, and Om Freight Forwarders, all launching their issues on September 29. Agrochemical maker Advance Agrolife will follow on September 30, while WeWork India Management, backed by Embassy Group, takes the spotlight on October 3 with a massive Rs 3,000 crore offering. Glottis is looking to raise Rs 307 crore with a price band of Rs 120 to Rs 129 per share. Om Freight Forwarders has fixed its range at Rs 128 to Rs 135 per share, targeting Rs 122.3 crore. Fabtech Technologies, a pharmaceutical machine manufacturer, plans to raise Rs 230.35 crore with a price band of Rs 181 to Rs 191. Advance Agrolife has set its price range between Rs 95 and Rs 100 per share to mobilise close to Rs 193 crore. The week’s biggest mainboard highlight remains WeWork India which has set its price band at Rs 615 to Rs 648 for a blockbuster Rs 3,000 crore issue.

Strong Lineup from the SME Segment

While the mainboard captures headlines, the SME market is equally vibrant. Six companies including Chiraharit, Sodhani Capital, Vijaypd Ceutical, Om Metallogic, Suba Hotels, and Dhillon Freight Carrier will open subscriptions on September 29. Another ten SMEs such as Sunsky Logistics, Munish Forge, Sheel Biotech, Infinity Infoway, Shlokka Dyes, and Zelio E Mobility will follow on September 30. These SME issues reflect the growing appetite among smaller enterprises to tap the public market, giving investors access to a diverse range of industries from logistics and biotech to hospitality and technology.

Ongoing Issues Wrapping Up

Apart from the fresh offerings, several IPOs from last week are closing out. The Rs 819 crore issue of Pace Digitek will close on September 30, while ethanol producer Trualt Bioenergy and construction equipment exporter Jinkushal Industries will wrap up on September 29. In the SME space, companies like Chatterbox Technologies, Gujarat Peanut and Agri Products, and Telge Projects are among those nearing the end of their subscription period.

Market Debuts to Watch

The listing calendar is just as packed as the subscription pipeline. A total of 26 companies will begin trading this week including 11 from the mainboard. Atlanta Electricals and Ganesh Consumer Products debut on September 29, followed by Seshaasai Technologies, Jaro Institute of Technology Management, Anand Rathi Share and Stock Brokers, and Solarworld Energy Solutions on September 30. October 1 will see the listing of Jain Resource Recycling, Epack Prefab Technologies, and BMW Ventures. On October 3, Trualt Bioenergy and Jinkushal Industries will make their market entry. Meanwhile, 15 SME companies such as Justo Realfintech, Matrix Geo Solutions, and BharatRohan Airborne Innovations are also slated to list this week.

The Big Picture

With a record number of IPOs lined up and listings happening almost daily, Dalal Street is witnessing one of its busiest phases in recent times. For investors, this week offers both opportunities and challenges, demanding careful analysis of company fundamentals, sector growth, and pricing before making bets.

 


Stay updated on the latest IPOs and market news. Follow You Finance on Instagram and Facebook for real time updates and expert insights.