The IPO wave continues with 11 new public issues and 14 listings scheduled for next week; see the full list here

India’s primary market boom shows no signs of slowing down, with 11 IPOs scheduled for launch next week, including two in the motherboard segment and eight in the SME segment.

Motherboard emissions consist of Manba Finance and KRN Heat Exchanger, which together are expected to raise approximately ₹482 crores.

In addition to the IPOThe market will witness 14 listings, including those of Arkade Developers, Northern Arc Capital and Western Carriers, whose IPOs received strong responses last week.

The outlook for the Indian IPO market remains optimistic, with Pantomath Capital predicting that domestic companies could raise more than ₹1.5 lakh crore through IPOs in the next 12 months, indicating sustained activity and strong investor interest in the near future.

Here is a list of IPOs that will remain open for subscription next week:

Manba Finance IPO

He Manba Finance IPO will be open for subscription from September 23 to 25. This is an offer in book format, valued at ₹150.84 crore, consisting entirely of a fresh issue of Rs 1.26 crore shares.

The price band for the Manba Finance IPO has been established between ₹114 and ₹120 per share. Hem Securities Limited is acting as lead manager for the IPO and Link Intime India Private Ltd is acting as registrar for the offer.

KRN Heat Exchanger IPO

The KRN Heat Exchanger IPO will be open for subscription from September 25 to 27. This IPO, valued at ₹341.95 crore, is a reserved issue and consists entirely of a fresh issue of 1.55 crore shares.

The price band for the KRN Heat Exchanger IPO has been set between ₹209 and ₹220 per share. Holani Consultants Private Limited is acting as lead manager for the IPO, while Bigshare Services Pvt Ltd is acting as registrar for the offer.

Rappid Valves (India) IPO

The IPO of Rappid Valves (India) will be available for subscription from September 23 to 25. This reserved issue of shares has a total value of ₹30.41 crore and involves a fresh issue of 13.7 lakh shares.

The price range for the Rappid Valves (India) IPO is set between ₹210 and ₹222 per share. Shreni Shares Limited is acting as the lead manager for the issue and Link Intime India Private Ltd is the registrar for the issue. Rikhav Securities is the appointed market maker for the initial public offering of Rappid Valves (India).

WOL 3D IPO

The initial public offering of WOL 3D will be open for subscription from September 23 to 25. This issue in book format is valued at ₹25.56 crore. Includes a fresh issue of 14.52 million shares worth Rs. ₹21.78 crore and an offer for sale of 2.52 lakh shares worth Rs. ₹3.78 crore.

The price range for the WOL 3D IPO is set between ₹142 and ₹150 per share. Hem Securities Limited is the lead manager for the IPO and Bigshare Services Pvt Ltd is acting as the registrar. Hem Finlease is the market maker for the IPO of WOL 3D.

Thinking Hats Entertainment Solutions IPO

He IPO for Thinking Hats Entertainment Solutions will be available for subscription from September 25 to 27. This book edition is equivalent to ₹15.09 crore and consists entirely of a fresh issue of 34.29 lakh shares.

The IPO price band for Thinking Hats Entertainment Solutions is set between ₹42 and ₹44 per share. Horizon Financial Pvt Ltd is acting as the lead manager to the issue and Mas Services Limited is the registrar to the issue. Giriraj Stock Broking is the market maker for this IPO.

Unilex Colours and Chemicals IPO

The Unilex Colours and Chemicals IPO will be available for subscription from 25 to 27 September. This reserved share issue has a value of ₹31.32 crore and consists solely of a fresh offer of 36 lakh shares.

The price range for the Unilex Colours and Chemicals IPO is set between ₹82 and ₹87 per share. Hem Securities Limited is acting as lead manager for the IPO and Link Intime India Private Ltd is acting as registrar. Hem Finlease has been appointed as market maker for the IPO of Unilex Colours and Chemicals.

TechEra Engineering IPO

TechEra Engineering IPO will be available for subscription from September 25 to 27. The IPO is a reserved issue of shares worth ₹35.90 crore, comprising a fresh issue of 43.78 lakh shares.

The price band for TechEra Engineering IPO is set between ₹75 and ₹82 per share. SKI Capital Services Limited is acting as lead manager to the issue and Kfin Technologies Limited is acting as registrar to the issue.

Forge Auto International IPO

Forge Auto International’s IPO will be available for subscription from September 26 to 30. This reserved share issue is valued at ₹31.10 crore and consists entirely of a fresh issue of 28.8 lakh shares.

The price band for Forge Auto International’s IPO has been set at ₹102 a ₹108 per share. Hem Securities Limited is acting as lead manager for the share placement. IPOand Bigshare Services Pvt Ltd is the registrar handling the matter.

Sahasra Electronics Solutions IPO

The IPO of Sahasra Electronics Solutions will be available for subscription from September 26, 2024 to September 30, 2024. This reserved issue of shares is valued at ₹186.16 crore. It consists of a fresh issue of 60.78 lakh shares worth Rs. ₹172.01 crores and an offer for sale of 5 lakh shares totalling ₹14.15 crore.

The IPO price range for Sahasra Electronics Solutions has been set at ₹269 ​​​​a ₹283 per share. Hem Securities Limited is acting as lead manager for the IPO, while Bigshare Services Pvt Ltd is acting as registrar for the offer.

Divyadhan Recycling Industries IPO

The IPO of Divyadhan Recycling Industries will be available for subscription from September 26 to September 30. This IPO is an issue with a total value of ₹24.17 crore and consists of a fresh issue of 37.76 lakh shares.

The IPO price band for Divyadhan Recycling Industries is set between ₹60 and ₹64 per share. Narnolia Financial Services Ltd is acting as lead manager for the IPO and Skyline Financial Services Private Ltd is acting as registrar. Kantilal Chhaganlal Securities is the market maker for the IPO of Divyadhan Recycling Industries.

Saj Hotels IPO

The IPO of Saj Hotels will be available for subscription from September 27 to October 1. IPO It is a fixed price offer for a total of ₹27.63 crore, with a fresh issue of 42.5 lakh shares.

The IPO price of Saj Hotels is set at ₹65 per share. Corpwis Advisors Private Limited is acting as the lead manager for the IPO of Saj Hotels, while Satellite Corporate Services Private Limited is the registrar for the issue. Nnm Securities is acting as the market maker for the IPO of Saj Hotels.

New listings –

Western Carriers IPO (India):The allotment of the Western Carriers (India) IPO was completed on Friday, September 20. The IPO will be listed on the BSE and NSE, with a tentative listing date of Tuesday, September 24.

Arkade Developers IPO: The allocation for Arkade Developers IPO was finalized on Friday, September 20. The IPO is scheduled to be listed on the BSE and NSE, with a tentative listing date set for Tuesday, September 24.

Northern Arc Capital IPO:The allocation for Northern Arc Capital IPO was finalized on Friday, September 20. Northern Arc Capital IPO will be listed on BSE, NSE and the tentative listing date has been set for Tuesday, September 24.

IPO of Popular Foundations:The allotment of Popular Foundations IPO was finalised on Friday, 20th September. The Popular Foundations IPO will be listed on BSE SME with a tentative listing date set for Tuesday, 24th September.

Deccan Transcon Leasing IPO:The allotment for Deccan Transcon Leasing’s IPO was finalised on Friday, September 20. The IPO will be listed on the NSE SME, with a tentative listing date of Tuesday, September 24.

Envirotech Systems IPO:The allotment for the Envirotech Systems IPO was completed on Friday, September 20. The IPO is scheduled to be listed on NSE SME, with a tentative listing date set for Tuesday, September 24.

Pelatro IPO:The allotment for the Pelatro IPO was finalized on Friday, September 20. The Pelatro IPO will be listed on NSE SME with a tentative listing date set for Tuesday, September 24.

Osel Devices IPO:The allotment for the Osel Devices IPO was finalized on Friday, September 20. The Osel Devices IPO will be listed on NSE SME with a tentative listing date set for Tuesday, September 24.

Paramount Specialty Forgings IPO: The allotment for the Paramount Speciality Forgings IPO is expected to close on Monday, September 23. The Paramount Speciality Forgings IPO will be listed on NSE SME with a tentative listing date set for Wednesday, September 25.

Kalana Ispat IPO:The allotment for the Kalana Ispat IPO is expected to close on Tuesday, September 24. The Kalana Ispat IPO will be listed on NSE SME with a tentative listing date set for Thursday, September 26.

Avi Ansh Textile IPOAllocation for Avi Ansh Textile IPO is expected to close on Wednesday, September 25. The IPO is scheduled to be listed on the NSE SME, with a tentative listing date set for Friday, September 27.

Phoenix IPO abroadThe allotment for the Phoenix Overseas IPO is expected to close on Wednesday, September 25. The Phoenix Overseas IPO will be listed on the NSE SME with a tentative listing date set for Friday, September 27.

SD Retail IPOAllotment for the SD Retail IPO is expected to close on Wednesday, September 25. The SD Retail IPO will be listed on NSE SME with a tentative listing date set for Friday, September 27.

BikeWo GreenTech IPOThe allotment for the BikeWo GreenTech IPO is expected to close on Wednesday, September 25. The BikeWo GreenTech IPO will be listed on NSE SME with a tentative listing date set for Friday, September 27.