IPO rush continues: 10 issues to raise over Rs 3,500 crore this week
This week sees the launch of six mainboard IPOs and four from the SME sector, with total fundraising expected to surpass Rs 3,500 crore. Among these, Symbiotec Pharmalab's IPO stands out as the largest, aiming for substantial investment. The market is buzzing with other companies also set for their stock market introductions, ensuring a robust IPO pipeline this month.
The primary market is preparing for a busy week as six mainboard and four SME initial public offerings (IPOs) are set to open for subscription, collectively aiming to raise over ₹3,533 crore. This is a decrease from last week's ₹7,100 crore raised through seven mainboard and two SME IPOs. The largest mainboard offering is expected to be Symbiotec Pharmalab, which plans to raise around ₹1,757 crore, followed by Lumino Industries and Skyways Air Services, targeting ₹700 crore and ₹583 crore, respectively.
Other offerings include Annu Projects, Hy-Tech Engineers, Priority Jewels, and five new companies debuting on the stock market, such as Lalithaa Jewellery Mart and Horizon Industrial Parks. In the SME segment, four IPOs are scheduled to open for subscription, with Kwick Forensic Solutions, Sumax Engineering, ABH Healthcare, and Madhur Knit Crafts collectively seeking to raise around ₹183 crore.
Two SME companies, Dhanwel Hybrid Seeds and Mopshop Distribution, are also set to list this week. The IPO pipeline has remained strong throughout August, with 20 mainboard IPOs raising around ₹20,850 crore this month and 18 SME IPOs raising over ₹941 crore. So far in 2026, 59 companies have raised around ₹72,000 crore through IPOs, highlighting the ongoing strength of primary-market activity.
Brief written by urgent.news from The Economic Times - Top News's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Shanti Inorganics to raise ₹47 crore via IPO on NSE Emerge thehindubusinessline.com
