September Kicks Off with 7 IPOs and 15 Listings in First Week
The Indian stock market is poised for a busy start to September with seven IPOs and 15 listings scheduled for the first week. Amanta Healthcare leads with a Rs 126 crore mainboard IPO, while six SME IPOs aim to raise a combined Rs 270.55 crore. The offerings span diverse sectors including healthcare, metals, construction, technology, and packaging. Notable among the 15 scheduled listings is Vikran Engineering, which received over 20 times subscription and backing from prominent investors.
*this image is generated using AI for illustrative purposes only.
The Indian stock market is set for a busy start to September, with seven Initial Public Offerings (IPOs) and 15 listings scheduled for the first week. This follows a robust August that saw 40 IPO launches, indicating continued momentum in the primary market.
Mainboard IPO
Leading the pack in the mainboard segment is Amanta Healthcare, a pharmaceutical company, with its Rs 126.00 crore IPO. The offering is set to open from September 1 to 3, with shares priced in the range of Rs 120-126 on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
SME IPOs
The Small and Medium Enterprise (SME) platform will see six companies making their debut:
- Rachit Prints: Aiming to raise Rs 19.49 crore
- Optivalue Tek Consulting: Seeking Rs 51.82 crore
- Goel Construction: Planning to raise Rs 99.77 crore
- Austere Systems: Looking to secure Rs 15.57 crore
- Sharvaya Metals: Targeting Rs 58.80 crore
- Vigor Plast India: Aiming for Rs 25.10 crore
Upcoming Listings
In addition to the new issues, 15 companies are scheduled to list on the stock exchanges. One notable listing is Vikran Engineering, which garnered significant investor interest with over 20 times subscription. The company has attracted backing from prominent investors Ashish Kacholia and Mukul Agarwal.
Sector Diversity
The companies going public represent a diverse range of sectors, including:
- Healthcare
- Metals
- Construction
- Technology
- Packaging
This variety offers investors opportunities across different segments of the economy.
IPO Landscape
The table below summarizes the IPO landscape for the first week of September:
| Category | Number | Total Value (Rs Crore) |
|---|---|---|
| Mainboard IPO | 1 | 126.00 |
| SME IPOs | 6 | 270.55 |
| Total IPOs | 7 | 396.55 |
| Scheduled Listings | 15 | N/A |
The continued influx of new issues and listings suggests ongoing investor appetite for fresh equity in the Indian market, spanning both established companies and emerging SMEs.
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