IPO Weekly Roundup — Week of 14 Sep to 20 Sep 2026
Here’s your weekly rundown of all things IPO, covering the past week’s activity and a peek at what’s on the horizon. It’s been a busy period with a good number of new offerings and some interesting listing performances.
This Week’s IPOs
This past week, we saw seven new IPOs open their doors for subscription. The mix included both SME and mainboard offerings, giving investors a variety of choices. On the SME front, we had Quanto Agroworld (at a nominal price of ₹0.00, which is unusual and worth investigating further), Vama Wovenfab (priced at ₹341.00), Kheria Autocomp (at ₹101.00), and Axiom Gas Engineering (at ₹53.00).
For the mainboard, the openings were Jindal Supreme (India) at ₹93.00, Hero Motors at ₹84.00, and SonaSelection India at ₹99.00. It’s always a good sign to see a healthy pipeline across different market segments.
Listing Performance
Meanwhile, eighteen IPOs made their debut on the stock exchanges this week, and the listing performance was a mixed bag. Some certainly stood out, while others faced a tougher start.
Pranav Constructions had a solid listing at ₹162.00, a gain of ₹38 from its issue price. Kanohar Electricals also performed well, listing at ₹672.05, a notable jump of ₹40.05. LCC Projects saw a positive debut at ₹159.05, up ₹13.05. Steamhouse India debuted at ₹93.00, adding ₹12 to its issue price. Rentonmojo was a strong performer, listing at ₹480.00, a significant gain of ₹76. Karamtara Engineering also impressed, listing at ₹320.00 with a ₹66 premium. Maharaja & Speedex had a good start at ₹250.00, up ₹64. Veegaland Developers listed at ₹151.00, a gain of ₹11.
On the other hand, several IPOs listed at their issue price or even below, indicating a cautious market reception for those particular offerings. Apana Logistics, Vinod Texworld, Infrax Renewable, and Panchatv Bharat all listed at ₹0.00, suggesting potential issues or a very unusual pricing strategy. Asset Reconstruction Co.(India) listed at ₹139.00, but with ₹0 gain, which is flat. Manipal Payment & Identity Solutions listed at ₹332.00 but with a loss of ₹7. Amtech Esters and Raksan Transformers saw significant negative listing, with Raksan Transformers listing at ₹0.00 against a substantial negative difference of ₹-273. Om Galaxy also had a rough start, listing at ₹0.00 with a loss of ₹-90.
It’s crucial to dig deeper into the financials and business models of companies that experience flat or negative listings to understand the underlying reasons. For those with strong gains, it’s a testament to good market sentiment and a well-received business proposition.
You can always check the Grey Market Premium (GMP) for real-time insights before and during IPO subscriptions. View Live IPO GMP here.
Upcoming Next Week
Looking ahead, next week promises another vibrant IPO calendar with eleven companies set to open for subscription. The week kicks off on Monday, September 21st, with Robokidz Eduventures and Vivekanand Cotspin. Tuesday, September 22nd, sees Himalaya Nutravedics India opening its books.
The latter half of the week is particularly busy. Wednesday, September 23rd, has a flurry of openings: S.K.Offset, Sai Urja Indo Ventures, Liqvd Digital India, Adroit Industries (India), Swastika Infra, and Unitec Fibres. Thursday, September 24th, brings A-One Steels India, and the week concludes on Friday, September 25th, with Bench Mark Infotech Services.
For a comprehensive view of all upcoming IPOs and their dates, you can refer to the IPO Calendar.
Market Outlook
The IPO market continues to show resilience, with a steady stream of new offerings across both mainboard and SME segments. The mixed listing performance this week highlights the importance of thorough due diligence for investors. While some companies are clearly capturing investor interest and delivering strong returns, others are facing headwinds. This suggests that market sentiment can be selective, favoring companies with robust fundamentals and clear growth stories.
The strong pipeline for next week indicates that this trend is likely to continue. Investors should stay informed and leverage resources like GMP data and detailed company analysis to make informed decisions. The overall outlook remains cautiously optimistic, with opportunities present for those who navigate the market wisely.