Upcoming IPOs Next Week: 7 Mainboard & SME Public Issues To Go Live; 13 New Listings On The Table

The IPO market is buzzing with activity, as the momentum from recent listings continues to build. With seven fresh initial public offerings (IPOs) and thirteen highly anticipated listings scheduled for next week, market participants are bracing for another busy period. This wave of IPOs features a mix of mainboard and SME offerings.

In addition to the new public offerings, next week's most awaited debut is that of Bajaj Housing Finance, a name that has generated substantial interest from institutional and retail investors alike. This exciting combination of IPOs and listings offers a unique opportunity for investors looking to expand their portfolios. Let's take a closer look at the seven IPOs and the notable listings set to take centre stage.

Seven IPOs to Open for Subscription Next Week
The upcoming week will see the opening of two IPOs on the mainboard and five IPOs on the SME segment. The companies featured represent a wide range of sectors, each offering something unique for investors.

Arkade Developers IPO
The subscription period for Arkade Developers' IPO will begin on September 16 and close on September 19. This book-built issue will raise a total of Rs 410 crore through a fresh issue of 3.2 crore shares. Arkade Developers, a renowned name in real estate development, has set the price band for its shares between Rs 121 and Rs 128 each. The proceeds from the IPO are expected to be used for land acquisition and the construction of real estate projects.

With Unistone Capital Pvt Ltd acting as the book-running lead manager and Bigshare Services Pvt Ltd as the registrar, the Arkade Developers IPO is likely to attract a fair amount of attention from market participants interested in the real estate sector.

Northern Arc Capital IPO
Northern Arc Capital, a leading player in the financial services sector, is set to launch its Rs 777 crore IPO from September 16 to September 19. The offering includes a fresh issue of 1.9 crore shares worth Rs 500 crore and an offer for sale of 1.05 crore shares valued at Rs 277 crore. The company aims to use the fresh capital to boost its loan book and strengthen its capital adequacy ratio.

The price band for Northern Arc Capital's IPO has been set between Rs 249 and Rs 263 per share. ICICI Securities Limited, Axis Bank Limited, and Citigroup Global Markets India Private Limited are the book-running lead managers for the issue, with Kfin Technologies Limited serving as the registrar.

Osel Devices IPO
Osel Devices, a medical devices company, will open its Rs 70.66 crore IPO for subscription on September 16 and close on September 19. The entire IPO consists of a fresh issue of 44.16 lakh shares, with a price band set between Rs 155 and Rs 160 per share. With India's healthcare sector on the rise, Osel Devices is likely to attract investors looking for growth in this industry.

Horizon Management Private Limited is the lead manager for the issue, while Mas Services Limited is the registrar. Giriraj Stock Broking has been appointed as the market maker.

Pelatro IPO
Pelatro, a data analytics firm that provides customer engagement solutions, will launch its Rs 55.98 crore IPO between September 16 and September 19. This issue consists of 27.99 lakh shares and comes with a price range between Rs 190 and Rs 200 per share. Pelatro plans to use the proceeds from the IPO to develop its software offerings and expand its customer base.

With Cumulative Capital Private Limited as the lead manager and Bigshare Services Pvt Ltd as the registrar, Pelatro's IPO is expected to pique the interest of technology-focused investors.

Paramount Speciality Forgings IPO
Paramount Speciality Forgings, a key player in the manufacturing of forged components, will open its IPO from September 17 to September 19. The company plans to raise Rs 32.34 crore, which includes a fresh issue of 48.02 lakh shares worth Rs 28.33 crore and an offer for sale of 6.8 lakh shares. With a price band between Rs 57 and Rs 59 per share, the company aims to utilize the proceeds to fund capacity expansion.

The issue is managed by Swaraj Shares and Securities Private Limited, with Purva Sharegistry India Pvt Ltd serving as the registrar.

BikeWo GreenTech IPO
The BikeWo GreenTech IPO will be open for subscription from September 18 to September 20. This Rs 24.09 crore issue, entirely consisting of a fresh issue of 38.86 lakh shares, has a price band set between Rs 59 and Rs 62 per share. The company, which focuses on electric two-wheeler manufacturing, is seeking to capitalize on the booming electric vehicle market.

Khandwala Securities Limited will serve as the lead manager for the offering, while Bigshare Services Pvt Ltd will act as the registrar.

SD Retail Logo IPO
The SD Retail Logo IPO is set to open on September 20 and close on September 24. The Rs 64.98 crore issue consists entirely of a fresh issue of 49.6 lakh shares, with a price band set between Rs 124 and Rs 131 per share. As the retail sector continues to evolve with growing consumer demand, SD Retail Logo's IPO is expected to attract interest.

Beeline Capital Advisors Pvt Ltd will be the lead manager for the issue, while Kfin Technologies Limited will serve as the registrar.

Thirteen Anticipated Listings
In addition to the IPOs opening next week, the market will witness the listing of 13 companies. Among these, the most anticipated is Bajaj Housing Finance, whose shares are set to debut on September 16. The IPO allotment for Bajaj Housing Finance was completed on September 12, and all eyes are on how the stock performs on its first day of trading.

Other key listings include:
Tolins Tyres IPO, with shares set to list on September 16.
Kross IPO, also debuting on September 16.
P N Gadgil Jewellers IPO, with its tentative listing date on September 17.
Gajanand International IPO, to be listed on the NSE SME on September 16.
Share Samadhan IPO, Shubhshree Biofuels Energy IPO, and Aditya Ultra Steel IPO, all set to list on September 16.
Trafiksol ITS Technologies IPO is expected to list on September 17.
SPP Polymers IPO, listing on September 17.
Innomet Advanced Materials IPO, to debut on September 18.
Excellent Wires and Packaging IPO, scheduled for September 19.
Sodhani Academy of Fintech Enablers IPO, with a tentative listing date of September 20.

With seven IPOs and thirteen listings slated for next week, the primary market is abuzz with activity. From real estate and financial services to electric vehicles and data analytics, the IPOs present a diverse array of investment opportunities. Investors will be keenly watching how these companies perform in the stock market, especially the highly anticipated debut of Bajaj Housing Finance.