IPO Bonanza: 10 Companies Set to Raise Over Rs 1,190 Crore This Week
The Indian stock market is preparing for a busy week with ten companies launching their IPOs, collectively aiming to raise more than Rs 1,190 crore. The offerings span both mainboard and SME segments. Vikran Engineering leads with the largest IPO of Rs 772.00 crore, opening from August 26 to 29. Anlon Healthcare aims to raise Rs 121.00 crore in the same period. Current Infraprojects and Sattva Engineering Construction are also debuting on the mainboard. The SME segment features six smaller offerings, including Globtier Infotech, NIS Management, Oval Projects Engineering, Sugs Lloyd, Snehaa Organics, and Abril Paper Tech. This IPO rush provides diverse investment opportunities but may test retail liquidity.

*this image is generated using AI for illustrative purposes only.
The Indian stock market is set for a busy week as ten companies gear up to launch their initial public offerings (IPOs), collectively aiming to raise more than Rs 1,190 crore. This flurry of IPOs spans both the mainboard and SME segments, offering investors a diverse range of options.
Mainboard IPOs
Vikran Engineering Leads the Pack
Vikran Engineering is spearheading this IPO rush with the largest offering of Rs 772.00 crore. The company's IPO is scheduled to open on August 26 and close on August 29, with shares priced in the range of Rs 92-97. As an engineering, procurement, and construction (EPC) firm, Vikran Engineering plans to utilize the proceeds for working capital and general corporate purposes.
Anlon Healthcare Seeks Capital
Also joining the mainboard listings is Anlon Healthcare, which aims to raise Rs 121.00 crore. The company's IPO will run concurrently with Vikran Engineering's, opening on August 26 and closing on August 29. Anlon Healthcare has set its share price band at Rs 86-91.
Other Mainboard Entrants
Two more companies are set to debut on the mainboard:
- Current Infraprojects
- Sattva Engineering Construction
Both of these firms will open their IPOs on August 26, adding to the week's excitement.
SME Segment Offerings
The SME segment is particularly active, featuring six smaller offerings. Here's a breakdown of the SME IPOs:
Company Name | Opening Date | Closing Date |
---|---|---|
Globtier Infotech | August 25 | - |
NIS Management | August 25 | - |
Oval Projects Engineering | August 28 | - |
Sugs Lloyd | August 29 | September 2 |
Snehaa Organics | August 29 | September 2 |
Abril Paper Tech | August 29 | September 2 |
Market Implications
The clustering of these IPOs within a single week has caught the attention of market observers. While there's strong institutional appetite for new offerings, the sheer number of IPOs launching simultaneously could potentially test retail liquidity.
This IPO rush provides a unique opportunity for investors to participate in the growth stories of various companies across different sectors. However, it also underscores the importance of careful consideration and due diligence given the diverse nature of the offerings and the potential strain on retail investor resources.
As the week unfolds, all eyes will be on how these IPOs perform and whether the market can absorb this influx of new listings. The success of these offerings could provide insights into investor sentiment in the current economic climate.