India's IPO market is set for another crowded week, with 16 issues opening for subscription across the mainboard and SME segments. The lineup is led by Rentomojo, Kanohar Electricals, Karamtara Engineering, Manipal Payment and Identity Solutions among others. GMP trends suggest selective but healthy appetite.
Pranav Constructions
Pranav Constructions opens on 7 September with a Rs 351 crore issue. Its GMP of 35% signals strong early interest in the Mumbai redevelopment-focused real estate company.
Apana Logistics
Apana Logistics opens on 7 September with a Rs 34 crore SME issue. The GMP is around 5%, suggesting muted but positive listing expectations.
Glass Wall Systems
Glass Wall Systems opens on 8 September with a Rs 428 crore issue. Its GMP of 23% points to healthy demand for the facade and fenestration solutions company.
Prasol Chemicals
Prasol Chemicals opens on 8 September with a Rs 500 crore issue. The stock is commanding a GMP of about 18%, showing moderate grey market interest.
Kanohar Electricals
Kanohar Electricals opens on 8 September with a Rs 1,056 crore issue. Its GMP of 32% makes it one of the stronger names on next week's IPO radar.
Karamtara Engineering
Karamtara Engineering opens on 9 September with a Rs 875 crore issue. The renewable energy and transmission products maker is seeing a GMP of around 22%.
Rentomojo
Rentomojo opens on 9 September with a Rs 1,256 crore issue. Its GMP of 38% is the highest among next week's IPOs, signalling strong listing expectations.
Manipal Payment and Identity Solutions
Manipal Payment opens on 9 September with a Rs 805 crore issue. Its GMP of about 7% suggests modest listing expectations.
Asset Reconstruction Company
Asset Reconstruction Company opens on 9 September with a Rs 733 crore issue. The IPO has no meaningful GMP yet, keeping investor focus on subscription demand.
LCC Projects
LCC Projects opens on 9 September with a Rs 427 crore issue. Its GMP of 17% indicates decent early demand.
Steamhouse India
Steamhouse India opens on 9 September with a Rs 414 crore issue. The IPO has no active GMP yet, making subscription numbers important.
Amtech Esters
Amtech Esters opens on 9 September with a Rs 18 crore SME issue. Its GMP of nearly 7% points to limited but positive interest.
Vinod Texworld
Vinod Texworld opens on 9 September with a Rs 43 crore SME issue. Its GMP of about 4% suggests a soft listing signal.
Infrax Renewable
Infrax Renewable opens on 9 September with a Rs 41 crore SME issue. The IPO has no visible GMP, despite renewable energy being an active market theme.
Veegaland Developers
Veegaland Developers opens on 10 September with a Rs 210 crore issue. Its GMP of 21% shows good demand for the real estate IPO.
Manika Plastech
Manika Plastech opens on 11 September. The GMP is not available yet, so investors will watch the price band, issue size and early bidding trend.