IPO rush continues: Rs 24,500 crore worth of issues to hit primary market this week

Mumbai: The truncated trading week ahead is set to be another busy one for the primary market, with five mainboard and six SME initial public offerings (IPOs) worth around ₹24,500 crore scheduled to open for subscription.

NSE's ₹22,561.5-crore IPO will dominate the week's primary market activity, accounting for more than 90% of the value of issues opening for subscription.

The issue opens on September 17 and closes on September 21. Markets will remain shut on Monday, September 14, for Ganesh Chaturthi.

The ₹24,500 crore worth of IPOs opening for subscription during September 14-18 would be the highest since October 2025, when issues worth around ₹29,000 crore hit the market during the week of October 6-10.

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Among other mainboard offerings, Hero Motors, SS Retail and Jindal Supreme India will open on September 16 and close on September 18. Hero Motors will raise around ₹1,000 crore, while SS Retail and Jindal Supreme India will raise ₹500 crore and ₹125 crore, respectively.

Two mainboard IPOs-Veegaland Developers and Manika Plastech- that opened last week will close during the week. Six SME IPOs that opened last week will also close during the week.

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Stock Market Debutants

The week will also see a flurry of listings, with 10 mainboard companies set to make their stock market debuts. Pranav Construction will list on September 15, followed by Glass Wall Systems India, Prasol Chemicals and Kanohar Electricals on September 16. Six companies - Asset Reconstruction Co India, Manipal Payment & Identity Solutions, Steamhouse India, LCC Projects, Karamtara Engineering and Rentomojo - will list on September 17. Four SME companies are also scheduled to list during the week. Apana Logistics will make its debut on September 15, while Infrax Renewable, Vinod Texworld and Amtech Esters will list on September 17.