Upcoming Initial Public Offerings: Three New Issues to Launch Next Week

Upcoming IPOs and Listings in the Indian Stock Market

The primary market is gearing up for a busy week, with three companies set to launch their initial public offerings (IPOs) for public subscription. The upcoming issues include two mainboard offerings and one from the SME segment.

Mainboard IPOs

• GSP Crop Science and Central Mine Planning & Design Institute will open for subscription this week.
• GSP Crop Science IPO will open for public bidding on 16 March and will close on 18 March. The issue is a book build issue of ₹400 crore, comprising a fresh issue of 0.75 crore shares aggregating to ₹240 crore and an offer for sale (OFS) of 0.50 crore shares aggregating to ₹160 crore.
• Central Mine Planning & Design Institute IPO will open for subscription on 20 March and close on 24 March. The issue is a book build issue of 10.71 crore shares, and is entirely an OFS of 10.71 crore shares.

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SME IPOs

• Novus Loyalty will open for subscription on 17 March, 2026 and close on 20 March, 2026. The IPO is a book build issue of ₹60.15 crore, comprising a fresh issue of 0.33 crore shares aggregating to ₹48.18 crore and offer for sale of 0.08 crore shares aggregating to ₹11.97 crore.

New Listings Next Week

• Rajputana Stainless IPO will list on both BSE and NSE with a tentative listing date fixed as 16 March 2026.
• Innovision IPO will list on both BSE and NSE with a tentative listing date fixed as 20 March 2026.
• Raajmarg Infra Investment Trust IPO will list on BSE and NSE with a tentative listing date fixed as 24 March 2026.
• Apsis Aerocom IPO will list on NSE SME with a tentative listing date fixed as 18 March 2026.

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