IPO Weekly Roundup — Week of 23 Mar to 29 Mar 2026
This Week’s IPOs
The primary market saw a flurry of activity this week, with five new Initial Public Offerings (IPOs) opening their subscription windows between March 23rd and March 29th, 2026. Investors had a diverse range of options across both the Mainboard and SME segments.
For the Mainboard, investors could consider Amir Chand Jagdish Kumar (Exports) Limited, which opened at ₹212.00, and Aeroplane Basmati Rice, priced at ₹201.00. These offerings represent opportunities in established sectors.
The SME segment was particularly active, featuring three new IPOs. Tipco Engineering opened at ₹84.00, offering a chance to invest in a smaller, potentially high-growth enterprise. Highness Microelectronics entered the market with a price of ₹114.00, and Emiac Technologies completed the SME offerings at ₹93.00. These SME IPOs often attract investors looking for early-stage growth potential.
For those interested in tracking the Grey Market Premium (GMP) for these and other upcoming IPOs, you can View Live IPO GMP.
Listing Performance
This week also saw the much-anticipated listings of five companies. The performance of these debutants provided a mixed bag of results for investors.
Kissht and Skyways Air Services both listed at ₹0.00, indicating a highly uncertain or perhaps delayed listing scenario. It’s crucial for investors to understand the factors contributing to such listings.
Innovision experienced a challenging debut, listing at ₹467.70, a decrease of ₹53.3 from its implied offering price. This suggests a cautious market reception for the company’s stock.
On a more positive note, Raajmarg Infra InvIT listed at ₹107.00, a modest gain of ₹8. This indicates a stable and slightly optimistic start for the infrastructure investment trust. Novus Loyalty also made a decent entry, listing at ₹146.00, a gain of ₹7, suggesting a positive investor sentiment.
For a comprehensive overview of all IPOs and their listing dates, refer to the IPO Calendar.
Upcoming Next Week
While specific details for next week’s IPOs were not available at the time of this report, the primary market is expected to remain active. Investors should keep an eye on upcoming announcements for new Mainboard and SME offerings.
Market Outlook
The current IPO market sentiment appears to be cautiously optimistic, with a blend of strong openings and some subdued listing performances. The success of Mainboard offerings like Aeroplane Basmati Rice and Amir Chand Jagdish Kumar (Exports) Limited suggests continued investor appetite for established businesses. The SME segment, with its higher number of openings, reflects a vibrant ecosystem of emerging companies seeking capital. However, the mixed listing results, particularly for Kissht and Skyways Air Services, highlight the importance of thorough due diligence and understanding market dynamics before investing. Investors are advised to closely monitor GMP trends and company fundamentals to make informed decisions.