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While geopolitical tensions, elevated crude oil prices, and persistent foreign investor selling kept the Indian stock market under pressure, the weakness in the secondary market did little to dent activity in the primary market. As many as 19 companies across the mainboard and SME segments made their stock-market debut during the week, according to Trendlyne. The listings included 11 mainboard companies and eight SME firms, with the issues collectively raising around ₹7,550 crore. The mainboard segment accounted for the bulk of the fundraising, with 11 companies raising around ₹7,053 crore. Rentomojo was the largest issue among the week's mainboard listings, raising ₹1,255.57 crore, followed by Kanohar Electricals at ₹1,055.74 crore and Manipal Payment & Identity Solutions at ₹805 crore. Other mainboard companies that were listed during the week included Asset Reconstruction Company (India), Karamtara Engineering, LCC Projects, Steamhouse India, Glass Wall Systems (India), Prasol Chemicals, and Veegaland Developers. Veegaland Developers, which raised ₹210 crore, made its debut on Friday, September 18, at a 10% premium to its IPO price on the NSE. The mainboard listings came amid strong demand for several of the issues. Rentomojo, for instance, was subscribed 72.9 times, while Kanohar Electricals received 90.6 subscriptions. Glass Wall Systems was subscribed 81.7 times. However, strong subscription numbers did not uniformly translate into premium listings. Prasol Chemicals, which raised ₹500 crore, debuted at around a 10% discount to its IPO price, listing at ₹610 apiece. On the upside, LCC Projects made a strong entry with a 29.4% premium at ₹189 apiece, while Karamtara Engineering also debuted at a 26% premium. Rentomojo was listed at ₹482.40, 19.4% higher than its issue price of ₹404 apiece and is currently up around 27% from its issue price. The SME segment also remained active, with eight companies—Panchatyat Bharat, Raksan Transformers, Om Galaxy, Maharaja & Speedex India, Amtech Esters, Vinod Texworld, Infrax Renewable, and Apana Logistics—raising a combined ₹496 crore. Among these, Raksan Transformers raised ₹150.50 crore, while Om Galaxy raised ₹105 crore and Maharaja & Speedex India raised ₹80.13 crore. The remaining five issues were comparatively smaller, with issue sizes ranging from about ₹17.9 crore to ₹42.8 crore. Only Maharaja & Speedex India and Amtech Esters managed to secure double-digit listing premiums, at 34.4% and 33.3%, respectively. The continued flow of IPO listings stands in contrast to the weakness in the secondary market. The Nifty 50 ended the week down 0.22%, marking its sixth consecutive weekly decline. So far in 2026, 220 companies across the mainboard and SME segments have successfully listed their shares on stock exchanges, adding to the size of the Indian stock market. This follows a record 376 listings in 2025. Of all the IPOs that have listed in 2026, 136 stocks are trading in profit, while 84 are in the red so far, reflecting an overall average gain of 27.71%, Trendlyne data showed. Disclaimer: We advise investors to check with certified experts before making any investment decisions. Ksheera Sagar has been working as a Market Research Analyst at LiveMint for the past four years, covering stocks, commodities, and broader financial markets. In this role, he closely tracks daily market movements, corporate earnings, sector trends, and macroeconomic developments. <br><br> He has over a decade of experience in the financial services industry and has previously worked with multiple organisations, including global investment bank J.P. Morgan, bringing strong research experience into the newsroom. <br><br> During his career, he has gained extensive exposure to equity research, market analysis, and financial data interpretation, strengthening his expertise across asset classes and market cycles. <br><br> He is known for his data-driven analysis and crisp, listicle-style market stories that break down complex financial developments across key markets for a wide audience. His strong research skills enable him to write detailed and insightful stories on stocks and sectors, focusing on the underlying factors driving market movements. <br><br> His work combines quantitative insights with clear storytelling, presenting financial developments in a clear and structured manner. Moreover, he enjoys writing multibagger and listicle-style copies. Outside of work, Ksheera enjoys playing the piano and exploring new places. He has a keen interest in travel, music, and continuously learning about global markets and economic trends. Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates. Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.
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