Investors will see eleven Mainboard public offerings this week, targeting a combined Rs 7,055 crore. Subscriptions run from Sept 7 to Sept 10, with six issues opening on Sept 9. Of the total, Rs 2,722 crore comes from fresh issues, while Rs 4,333 crore is offered by existing shareholders. The schedule also confirms that no SME IPOs are slated for subscription this week, limiting the primary market activity to Mainboard listings.
The combined amount exceeds seven thousand crore rupees. Within this total, the fresh issue component represents roughly a third of the capital raised, while the remaining two‑thirds stem from secondary sales.
First day of the window
Pranav Constructions Ltd. begins its subscription on Monday, Sept 7, closing on Wednesday, Sept 9. The price band is set at Rs 118‑124 per share, and the issue size exceeds Rs 351 crore. This marks the sole opening on the opening day.
Tuesday launches
Kanohar Electricals Ltd. opens on Tuesday, Sept 8, and runs until Thursday, Sept 10. Its price band ranges from Rs 601‑632 per share, with an issue size of Rs 1,056 crore.
Prasol Chemicals Ltd. also starts on Sept 8, closing on Sept 10. Shares will be priced between Rs 643‑676, and the offering totals Rs 500 crore.
Glass Wall Systems (India) Ltd. joins the Tuesday batch, with a price band of Rs 172‑182 and an issue size of Rs 428 crore.
These three Tuesday issuers span diverse industries, showing how the market is not limited to a single sector this week. Together they illustrate how the IPO pipeline this week is not concentrated in any single sector, offering investors exposure across manufacturing, chemicals and construction‑related glass solutions.
Investors watch the listings closely.
Mid‑week surge of offerings
Rentomojo begins its subscription on Wednesday, Sept 9, and ends on Friday, Sept 11. The price band is set at Rs 384‑404 per share, targeting an issue size of Rs 1,256 crore.
Manipal Payment and Identity Solutions Ltd. follows the same schedule, with a band of Rs 322‑339 and a size of Rs 805 crore.
Arcil also opens on Wednesday, offering shares at Rs 132‑139. Its total issue size is Rs 733 crore, and the offering consists of an offer for sale rather than a fresh issue. LCC Projects Ltd. lists at Rs 139‑146 per share, raising Rs 427 crore.
Karamtara Engineering Ltd. joins the Wednesday‑Friday window with a band of Rs 241‑254 and an issue size of Rs 875 crore. Steamhouse India Ltd. rounds out the batch, with a total size of Rs 414 crore, split between a fresh issue of Rs 353 crore and an offer for sale of Rs 61 crore.
Thursday opening and later closing
Veegaland Developers Ltd. starts its subscription on Thursday, Sept 10, and runs until Tuesday, Sept 15. The company will raise Rs 210 crore through a fresh issue of shares.
The week’s offerings feature a mix of fresh capital raises and secondary sales, reflecting varied motivations among issuers—from funding expansion to providing liquidity to existing shareholders.
