CMR Green Tech and Hexagon Nutrition Among Upcoming Initial Public Offerings

Indian Primary Market Set to Regain Momentum with New IPOs

The Indian primary market is poised to regain momentum in the coming week, following a period of lull due to ongoing geopolitical tensions and market volatility. Two new initial public offerings (IPOs) - CMR Green Technologies IPO and Hexagon Nutrition IPO - are scheduled to open for subscription next week, amidst a subdued IPO market in 2026.

Upcoming IPOs

CMR Green Technologies IPO is set to open on June 3 and close on June 5, with a price band of ₹182- ₹192 per share. The public issue aims to raise ₹630.9 crore, with Equirus Capital as the book running lead manager and Kfin Technologies as the registrar of the issue.

Read also: SMR Jewels IPO Successfully Lists with Institutional Support

Hexagon Nutrition IPO, on the other hand, is scheduled to open on June 5 and close on June 9, with a price band of ₹42- ₹45 per share. The company aims to raise ₹138.9 crore through an offer for sale (OFS) of 3.09 crore shares, with Cumulative Capital as the book running lead manager and Kfin Technologies as the registrar of the issue.

In addition to these two IPOs, three small and medium enterprise (SME) IPOs - Merritronix IPO, Vahh Chemicals IPO, and Genxai Analytics IPO - are also expected to hit the primary market next week.

Read also: Zepto Nears $1 Billion Quarterly Net Order Value Milestone Before IPO

Merritronix IPO will open for subscription on June 1 and close on June 3, with a price band of ₹141- ₹149 per share. The issue is being managed by GYR Capital Advisors as the book-running lead manager, while Bigshare Services has been appointed as the registrar to the issue.

Vahh Chemicals IPO is a fixed-price issue aggregating ₹13.45 crore and consists entirely of a fresh issue of 0.22 crore equity shares. The public issue will open for subscription on June 4 and close on June 8, with Marwadi Chandarana Intermediaries Brokers as the book running lead manager and Kfin Technologies as the registrar of the issue.

Genxai Analytics IPO will open for subscription on June 5, 2026, and close on June 9, 2026, with a price band of ₹110- ₹116 per share. Choice Capital Advisors is acting as the book-running lead manager, while Bigshare Services has been appointed as the registrar to the issue.

New Listings

The shares of M R Maniveni Foods IPO will list on the BSE SME on June 1, while the shares of Yaashvi Jewellers IPO will list on the BSE SME with a tentative listing date fixed as June 2. The shares of Rajnandini Fashion India IPO will list on the BSE SME with a tentative listing date fixed as June 3, 2026. The shares of SMR Jewels IPO will list on the BSE SME on June 1, and the shares of Aureate Tradde IPO will list on the BSE SME with a tentative listing date fixed as June 5.