loading
loading
Listen to this article in summarized format Apart from fresh openings, the market will also watch 12 listings, including NSE, whose grey market premium has cooled to around 3%. The biggest IPO opening this week is Elevate Campuses, which will launch its Rs 2,100 crore public issue on September 23 and close on September 25. The company has fixed a price band of Rs 343-362 per share. The issue is entirely fresh, making it the largest fundraise among IPOs opening this week. Varmora Granito will open its Rs 708.02 crore IPO on September 22 and close on September 24. The price band has been fixed at Rs 140-148 per share. The issue includes a fresh issue of Rs 320 crore and an offer for sale of Rs 388.02 crore. Also Read: Tata Sons IPO may spotlight some low-key crorepatis A-One Steels India will open its Rs 405 crore issue on September 24. The IPO will close on September 28. The company has fixed a price band of Rs 385-405 per share. The issue comprises a fresh issue of Rs 355 crore and an OFS of Rs 50 crore. ArMee Infotech will open its Rs 300 crore IPO on September 23 and close on September 25. The price band has been fixed at Rs 350-375 per share. The entire issue is fresh. Swastika Infra will also open on September 23 and close on September 25. The company plans to raise Rs 161 crore at a price band of Rs 175-185 per share. The issue includes a fresh issue of Rs 128.50 crore and an OFS of Rs 32.38 crore. Adroit Industries will open its Rs 150.71 crore IPO on September 23 and close on September 25. The price band has been fixed at Rs 126-134 per share. The issue includes a fresh issue of Rs 132.62 crore and an OFS of Rs 18.09 crore. Together, these six mainboard IPOs account for about Rs 3,824.61 crore of the total fundraise planned this week. This means most of the primary-market money will chase mainboard names, even though the SME board will have more issues by count. Listings to be led by NSE The listing calendar will also stay active. NSE is among the key listings next week, but its GMP has slipped to around 3%, indicating muted listing expectations compared with the earlier hype around the country’s largest exchange. Among other upcoming listings, SpectraA Technology Solutions is commanding a GMP of around 38%, while SS Retail is quoting at a GMP of around 34%. Hero Motors, however, is trading at a negative GMP ahead of its listing, pointing to weak grey market sentiment. The SME segment will remain crowded. Vivekanand Cotspin, FX Multitech and Robokidz Eduventures will open on September 21. Himalaya Nutravedics and Anand Seamless will open on September 22. Several more SME issues will open on September 23, including Coreintegra Consulting, Sai Urja Indo Ventures, Pooja Logistics, Liqvd Digital India, SK Offset and Unitec Fibres. Peshwa Wheat is also scheduled to open on September 24, while Bench Mark Infotech Services is scheduled to open on September 25. The week, therefore, will test investor appetite across both large and small issues. Mainboard IPOs will absorb most of the money, led by Elevate Campuses and Varmora Granito, while the listing market will be watched closely for NSE, SS Retail, SpectraA Technology Solutions and Hero Motors. Disclaimer: The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
document fetched 2026-09-21 02:47