Five New IPOs Set to Hit Indian Markets Next Week
The Indian primary market is preparing for a busy week with five new IPOs opening across mainboard and SME platforms. Euro Pratik Sales, a decorative laminates company, leads with a Rs 451 crore mainboard IPO. VMS TMT, a TMT bars manufacturer, follows with a Rs 148 crore offering. In the SME segment, TechD Cybersecurity, Sampat Aluminium, and JD Cables are launching IPOs ranging from Rs 30.53 crore to Rs 96 crore. The offerings span various sectors including decorative laminates, TMT bars, cybersecurity, aluminum products, and cables. Two ongoing IPOs, LT Elevator and Airfloa Rail Technology, will continue into next week.

*this image is generated using AI for illustrative purposes only.
The Indian primary market is gearing up for a busy week ahead, with five new Initial Public Offerings (IPOs) slated to open across mainboard and SME platforms. These offerings span various sectors, including decorative laminates, TMT bars manufacturing, cybersecurity, aluminum products, and cables and conductors.
Mainboard IPOs
Euro Pratik Sales: Decorative Laminates Leader
Euro Pratik Sales, a company specializing in decorative laminates, is set to launch the largest IPO of the week. The mainboard offering aims to raise Rs 451.00 crore, with shares priced in the range of Rs 235-247. Investors can participate in this IPO from September 16 to 18.
VMS TMT: Gujarat-based TMT Bars Manufacturer
VMS TMT, a Gujarat-based manufacturer of TMT bars, is entering the market with a Rs 148.00 crore IPO. The company has set the price band at Rs 94-99 per share, and the offering will be open for subscription from September 17 to 19.
SME Segment IPOs
TechD Cybersecurity: Backed by Vijay Kedia
In the SME segment, TechD Cybersecurity, a company backed by renowned investor Vijay Kedia, is launching its IPO. The offering aims to raise Rs 39.00 crore, with shares priced between Rs 183-193. Investors can bid for shares from September 15 to 17.
Sampat Aluminium: Aluminum Products Manufacturer
Sampat Aluminium is entering the market with a Rs 30.53 crore IPO. The company has set the price band at Rs 114-120 per share, and the offering will be open for subscription from September 17 to 19.
JD Cables: Cables and Conductors Manufacturer
JD Cables, a manufacturer of cables and conductors, is looking to raise Rs 96.00 crore through its IPO. The company plans to offer 63 lakh shares priced between Rs 144-152 each.
Ongoing IPOs
It's worth noting that two ongoing IPOs will continue into next week:
- LT Elevator
- Airfloa Rail Technology
These diverse offerings across various sectors provide investors with multiple opportunities to participate in India's growing companies. As always, potential investors are advised to carefully review the prospectus and consider their financial goals before making investment decisions.
Company Name | Segment | Issue Size (Rs Crore) | Price Band (Rs) | Subscription Dates |
---|---|---|---|---|
Euro Pratik Sales | Mainboard | 451.00 | 235-247 | Sept 16-18 |
VMS TMT | Mainboard | 148.00 | 94-99 | Sept 17-19 |
TechD Cybersecurity | SME | 39.00 | 183-193 | Sept 15-17 |
Sampat Aluminium | SME | 30.53 | 114-120 | Sept 17-19 |
JD Cables | SME | 96.00 | 144-152 | Not specified |
The upcoming week promises to be eventful for the Indian primary market, offering a mix of opportunities across different sectors and market segments.