Dalal Street is gearing up for a flurry of activity in primary markets this week with 13 firms looking to raise Rs 8,644 crore through IPO (initial public offerings). Investors will get an opportunity to invest in Bajaj Housing Finance, P N Gadgil Jewellers among four mainboard public issues, along with 9 SME maiden share sales. Stock exchanges will also see as many as 8 new listings in the week starting September 9. The firms are looking to capitalise on strong investor sentiment, especially after a robust August month for fundraising in the capital markets.
Upcoming IPOs 2024: Mainboard issues this week
Bajaj Housing Finance: The much awaited Rs 6,560-crore IPO of Bajaj Housing Finance will be open for public subscription during September 9-11. The price band has been fixed at Rs 66-70 per share for the public issue. On Friday, it collected Rs 1,758 crore from anchor investors.
Kross Ltd: The public issue of Jamshedpur-based auto parts manufacturer Kross Ltd will be open for public subscription during September 9-11. The IPO has a price band of Rs 228-240 per share. The share sale is a combination of a fresh issue of equity shares worth Rs 250 crore and an Offer for Sale (OFS) of up to another Rs 250 crore by the promoters. On Friday, it mobilised Rs 150 crore from anchor investors.
P N Gadgil Jewellers: The IPO of jewellery retail chain P N Gadgil has fixed a price band of Rs 456-480 per share for its Rs 1,100-crore IPO, which will be open for public subscription during September 10-12. The bidding for anchor investors will open for a day on September 9.
Tolins Tyres: The Rs 230-crore IPO of Kerala-based tire-manufacturer Tolins Tyres will be open for public subscription during September 9-11 with a price band of Rs 215-226 per share. On Friday, it mopped-up Rs 69 crore from anchor investors.
Upcoming IPOs 2024: SME issues this week
Aditya Ultra Steel: The Rs 45.88 crore SME issue will open for public subscription during September 9-11. The price band has been fixed at Rs 59-62.
Gajanand International: The Rs 20.65 crore SME issue will be open for public subscription during September 9-11. The price band has been fixed at Rs 36.
Shubhshree Biofuels Energy: The Rs 16.56 crore SME IPO will be open for bidding during September 9-11. The price band has been fixed at Rs 113-119.
Excellent Wires and Packaging: The Rs 12.6 crore SME issue will be open for public subscription during September 11-13. The price band has been fixed at Rs 90.
Share Samadhan: The Rs 24.06 crore SME issue will open for public subscription during September 9-11. The price band has been fixed at Rs 70-74.
Innomet Advanced Materials: The Rs 34.24 crore SME issue will be open for public subscription during September 11-13. The price band has been fixed at Rs 100.
Trafiksol ITS Tech: The Rs 44.87 crore SME issue will be open for public subscription during September 10-12. The price band has been fixed at Rs 66-70.
SPP Polymer: The Rs 24.49 crore SME issue will be open for public subscription between September 10 and 12. The price band has been fixed at Rs 59.
Envirotech Systems Ltd IPO: The Rs 30.24 crore SME issue will open on September 13 and will conclude on September 17.
SME IPO Listings This Week
| SME IPO Name | Listing Date |
| Jeyyam Global Foods | 9 September |
| NatureWings Holidays | 10 September |
| Mach Conference and Events | 11 September |
| Namo eWaste Management | 11 September |
| My Mudra Fincorp | 12 September |
| Mainboard IPO Name | Listing Date |
| Gala Precision Engineering | 9 September |
| Shree Tirupati Balajee | 12 September |
| Vision Infra Equipment Solutions | 13 September |
| IPO Name | Type | Allotment Date |
| Mach Conference and Events | SME | 9 September |
| Namo eWaste Management | SME | 9 September |
| My Mudra Fincorp | SME | 10 September |
| Shree Tirupati Balajee | Mainboard | 10 September |
| Vision Infra Equipment Solutions | Mainboard | 11 September |
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