Upcoming IPOs: Rajputana Stainless, Innovision, and Other Companies Set for Next Week's Market Debut

Upcoming IPOs

This week, four new initial public offerings (IPOs) are set to open for subscription in the primary market. The mainboard issues include the Rajputana Stainless IPO and the Innovision IPO, while the SME segment will witness the launch of the Apsis Aerocom IPO. In addition, the Raajmarg InvIT IPO aims to raise ₹6,000 crore.

Rajputana Stainless IPO

• Open for subscription: March 9 - March 11
• Issue size: ₹254.98 crore
• Comprises: Fresh issue of 1.47 crore shares aggregating to ₹178.73 crore and an offer for sale (OFS) of 0.63 crore shares amounting to ₹76.25 crore
• Price band: ₹116 - ₹122 per share
• Lead manager: Nirbhay Capital Services Pvt. Ltd.
• Registrar: Kfin Technologies Ltd.

Innovision IPO

• Open for subscription: March 10 - March 12
• Issue size: ₹323 crore
• Comprises: Fresh issue of 0.47 crore shares worth ₹255 crore and an offer for sale (OFS) of 0.12 crore shares valued at ₹67.84 crore
• Price band: ₹521 - ₹548 per share
• Lead manager: Emkay Global Financial Services
• Registrar: Kfin Technologies

Read also: SMR Jewels IPO Successfully Lists with Institutional Support

Raajmarg Infra Investment Trust InvIT

• Open for subscription: March 11 - March 13
• Issue size: ₹6,000 crore
• Consists entirely of a fresh issue of 60 crore shares
• Price band: ₹99 - ₹100 per share
• Lead manager: SBI Capital Markets
• Registrar: Kfin Technologies

Apsis Aerocom IPO

• Open for subscription: March 11 - March 13
• Issue size: ₹35.77 crore
• Consists entirely of a fresh issue of 0.33 crore shares
• Price band: ₹104 - ₹110 per share
• Lead manager: Oneview Corporate Advisors
• Registrar: Integrated Registry Management Services

New Listings

• SEDEMAC Mechatronics IPO: Listed on BSE, NSE with tentative listing date as March 11
• Elfin Agro India IPO: Listed on BSE SME with tentative listing date as March 12
• Srinibas Pradhan Constructions IPO: Listed on NSE SME with tentative listing date as March 13
• Acetech E-Commerce IPO: Listed on NSE SME on March 9