IPO rush continues: 10 issues to raise over Rs 3,500 crore this week
This week sees the launch of six mainboard IPOs and four from the SME sector, with total fundraising expected to surpass Rs 3,500 crore. Among these, Symbiotec Pharmalab's IPO stands out as the largest, aiming for substantial investment. The marke...
So far this month, 20 mainboard IPOs have hit the market, raising around ₹20,850 crore, while 18 SME IPOs have collectively raised more than ₹941 crore.
Mumbai: The primary market is set for another busy week, with six mainboard and four SME initial public offerings (IPOs) scheduled to open for subscription, collectively seeking to raise more than ₹3,533 crore. This compares with ₹7,100 crore raised through seven mainboard and two SME IPOs last week.
Among the mainboard offerings, Symbiotec Pharmalab will be the largest, looking to raise around ₹1,757 crore. Lumino Industries and Skyways Air Services will follow, seeking to raise around ₹700 crore and ₹583 crore, respectively. Annu Projects and Hy-Tech Engineers will raise around ₹175 crore and ₹136 crore, respectively. Priority Jewels' IPO will open on August 28 and close on September 1. Details of the issue have yet to be announced.
Two mainboard IPOs that opened for subscription last week - Augmont Enterprises and Tempsens Instruments India - will close this week. Five companies will also make their stock-market debuts, including Lalithaa Jewellery Mart, Horizon Industrial Parks, Sunshine Pictures, Shankesh Jewellers and Gaja Alternative Asset Management.
The SME segment will see four IPOs open for subscription this week. Kwick Forensic Solutions, Sumax Engineering, ABH Healthcare and Madhur Knit Crafts will collectively raise around ₹183 crore. Two SME companies, Dhanwel Hybrid Seeds and Mopshop Distribution, are also scheduled to list on the exchanges this week.
The IPO pipeline has remained strong through August. So far this month, 20 mainboard IPOs have hit the market, raising around ₹20,850 crore, while 18 SME IPOs have collectively raised more than ₹941 crore. So far in 2026, 59 companies have raised around ₹72,000 crore through IPOs, underscoring the continued strength of primary-market activity.
