IPO Calendar: Muted start to FY26 with no new issues this week, but Street to see 4 listings

The first week of the new fiscal year will have no new public offers, but the Street will see around 4 listings, all of which are from the SME segment. Even though the IPO market has significantly slowed down in the recent past, analysts expect companies to queue up from the second half of the year.

About 2 lakh crore IPO pipeline is expected this fiscal with some biggies like Zepto, Reliance Jio, LG Electronics and a few others readying their listing plans.

Here's what to look forward to on the IPO front this week


Desco Infratech IPO listing
The shares of Desco Infratech will debut on the BSE SME platform on Tuesday. The current GMP of the company is around Rs 5, which is a 3% premium over the issue price.

The issue, which was a completely fresh equity sale of 20.5 lakh shares, was subscribed by a robust 83 times at close. The bidding was driven by non-institutional investors, whose category was subscribed to over 200 times.

IPO proceeds will be used for funding of capital expenditure requirements towards setting up of corporate office in Surat, purchase of machineries, working capital requirements, and general corporate purposes.

Desco Infratech specializes in pipeline laying, installation, testing, and commissioning for Piped Natural Gas (PNG) used by both residential and commercial consumers. Its Operation and Maintenance (O&M) services cover both underground and above-ground gas pipelines, including carbon steel and MDPE pipelines.

Shri Ahimsa Naturals and ATC Energies IPOs to debut on April 2
Shri Ahimsa Naturals IPO received a robust response from investors with an overall subscription of 60 times at close. Meanwhile, ATC Energies saw muted response. Both companies will debut on the Street on April 3.

Shri Ahimsa started operations in 1990 and is involved in extracting and manufacturing Caffeine Anhydrous Natural, Green Coffee Bean Extracts (GCE), and Crude Caffeine. It also trades in other herbal extracts.

Meanwhile, ATC Energies produces and supplies lithium-ion batteries, offering efficient and cost-effective energy storage solutions for industries such as banking and automobiles.

Meanwhile, the shares of Identixweb will debut on the BSE SME platform on April 3. The GMP is NIL currently.

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