₹7,280 Crore IPO Wave: 16 Issues and 8 Listings Set to Keep Investors Busy Next Week

India’s primary market is heading into an exceptionally active week, with investors set to track a large number of initial public offerings and new stock-market listings. As many as 16 companies across the mainboard and SME segments are scheduled to enter the market, with the combined value of the issues exceeding ₹7,280 crore.

The busy calendar comes at a time when interest in public offerings has strengthened after a relatively subdued first half of 2026. Several IPOs during July and August attracted strong demand and delivered positive listing performances, helped by domestic liquidity and renewed investor interest in mid-sized companies.

The coming week will also feature eight stock-market listings, adding another layer of activity for investors following the primary market.

Rentomojo leads the upcoming IPO calendar

Among the biggest offerings scheduled for the week is Rentomojo, which is looking to raise approximately ₹1,255.57 crore. The IPO is scheduled to open on September 9 and close on September 11.

The company has set a price band of ₹384 to ₹404 per share. The issue consists of a ₹150 crore fresh issue, while the remaining ₹1,105.57 crore is an offer for sale.

Kanohar Electricals is another major offering attracting attention. Its IPO is valued at around ₹1,055.74 crore, with the price band fixed at ₹601-₹632 per share. The issue is scheduled to open on September 8 and remain available until September 10.

Karamtara Engineering will also open its issue on September 9. The company plans to raise ₹875 crore, comprising ₹675 crore through fresh shares and ₹200 crore through an offer for sale. Its price band has been fixed at ₹241-₹254 per share.

Several other mainboard issues arrive

The mainboard segment will begin the week with Pranav Constructions, whose ₹351 crore IPO is scheduled to open on September 7 and close on September 9. The price band has been set at ₹118-₹124 per share. The offering includes a fresh issue of ₹315.6 crore and an offer for sale worth ₹35.43 crore.

Three more IPOs — Glass Wall Systems, Prasol Chemicals and Kanohar Electricals — are scheduled to open on September 8.

Glass Wall Systems is targeting ₹427.89 crore at a price band of ₹172-₹182. Prasol Chemicals is seeking to raise ₹500 crore, with its shares priced in the ₹643-₹676 range.

Manipal Payment & Identity Solutions is preparing a ₹805 crore offering, with a price band of ₹322-₹339. Asset Reconstruction Company (India), meanwhile, is planning an IPO worth ₹732.97 crore, with the price range fixed at ₹132-₹139 per share.

The rest of the mainboard pipeline includes LCC Projects, Steamhouse India, Veegaland Developers and Manika Plastech. LCC Projects is expected to raise ₹427.14 crore, while Steamhouse India and Veegaland Developers are targeting ₹414 crore and ₹210 crore, respectively. Manika Plastech has a fresh capital component of ₹92.5 crore.

SME market adds more opportunities

The activity is not restricted to larger companies. The SME IPO segment is also contributing to the crowded calendar.

Apana Logistics is scheduled to launch a ₹34.14 crore fixed-price issue on September 7. Three additional SME offerings — Amtech Esters, Vinod Texworld and Infrax Renewable — are scheduled to open on September 9.

Amtech Esters plans to raise ₹17.88 crore, while Vinod Texworld is targeting ₹42.83 crore. Infrax Renewable is looking to raise approximately ₹40.88 crore.

The companies entering the market represent a broad mix of industries, including engineering, chemicals, renewable energy, logistics, manufacturing, real estate, payments and financial services.

Grey-market premiums point to strong expectations

Investor interest can also be seen in the grey market, although these unofficial premiums should not be treated as guarantees of actual listing performance.

Rentomojo is reportedly commanding the highest grey-market premium among the highlighted upcoming offerings at around 38%. Kanohar Electricals follows with a premium of about 32%, while Glass Wall Systems is at approximately 27%.

Karamtara Engineering is showing a grey-market premium of around 22%. Veegaland Developers and Manipal Payment & Identity Solutions are also trading at estimated premiums of about 16% and 9%, respectively.

These numbers suggest that some investors are anticipating gains when the shares begin trading. However, grey-market indications can change rapidly and do not necessarily reflect the final listing price.

A test for the IPO revival

The unusually packed calendar will provide an important test for the strength of investor demand. With multiple offerings seeking capital at the same time, companies will compete for investor attention and available funds.

The strong performance of several recent IPOs has helped restore confidence in the primary market after a slower opening to the year. The next wave will show whether that appetite can withstand a much larger supply of new issues.

For investors, the sheer number of offerings means that company fundamentals, valuation, issue structure and intended use of proceeds will remain important considerations rather than relying solely on subscription expectations or grey-market premiums.

With 16 fresh issues and eight listings scheduled, the coming week is likely to be one of the busiest stretches for India’s IPO market in recent months.