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0 Mumbai (Maharashtra) [India], September 13: India’s IPO game isn’t slowing down. Five fresh issues are ready to hit Dalal Street next week, and yes, one has the Vijay Kedia stamp on it. Let’s cut the noise and get straight to the numbers, dates, and plays.
Euro Pratik Sales IPO: The Big Daddy of the Week
If size matters, Euro Pratik Sales owns the floor. The decorative laminates player is rolling out the largest IPO of the week.
- Issue Size: ₹451 crore
- Price Band: ₹235–247
- Open/Close: Sept 16–18
- Listing: NSE, BSE
- Lead Manager: Axis Capital
Expect intense institutional action here. If you’re retail, you’re basically along for the ride.
VMS TMT IPO: Gujarat Steel in Play
Next up, Gujarat flexes its muscle. VMS TMT, a steel manufacturer, wants its share of investor capital.
- Issue Size: ₹148 crore
- Price Band: ₹94–99
- Open/Close: Sept 17–19
- Listing: NSE, BSE
- Lead Manager: Arihant Capital
TMT bars are the unsung heroes of the construction industry. Not flashy, but the market loves infrastructure plays.
Vijay Kedia-Backed TechD Cybersecurity IPO
This is the one everyone will talk about. A cybersecurity SME issue, backed by ace investor Vijay Kedia. That name alone guarantees buzz.
- Issue Size: ₹39 crore
- Price Band: ₹183–193
- Open/Close: Sept 15–17
- Listing: BSE SME
Cybersecurity isn’t a fad. Add Kedia’s reputation, and retail investors are going to swarm.
Sampat Aluminium IPO: Building Materials Bet
Another SME joins the queue. Sampat Aluminium is pursuing growth in the construction materials sector.
- Issue Size: ₹30.53 crore
- Price Band: ₹114–120
- Open/Close: Sept 17–19
- Listing: BSE SME
Small ticket, but aluminium is everywhere, from windows to factories.
JD Cables IPO: Power Lines to Dalal Street
JD Cables is plugging into the market with its SME issue. Think electricals, conductors, wires.
- Issue Size: ~₹96 crore
- Shares Offered: 63 lakh
- Price Band: ₹144–152
- Listing: NSE SME
Electricity demand in India isn’t going down. Neither is the need for cables.
Ongoing Issues Still Open
Two IPOs are already in play and will overlap with next week’s rush:
- LT Elevator: ₹39.37 crore | Sept 12–16 | Price band ₹76–78 (BSE SME)
- Airfloa Rail Technology: ₹91.10 crore | Sept 11–15 | Price ₹140 fixed
If you missed them, the window’s still open.
Why So Many IPOs Now?
Markets may look volatile, but liquidity is sloshing around. Retail investors are still hungry. FPIs (foreign portfolio investors) are circling.
SEBI, for its part, has even eased FPI rules and streamlined IPO processes. Translation: easier for companies to raise, easier for investors to pile in.
India’s IPO pipeline is looking more like a firehose.
The Week Ahead: What to Watch
Five new issues. Two are still ongoing. One Vijay Kedia endorsement. That’s enough to keep both analysts and retail traders caffeinated.
If you care about subscription trends or grey market whispers, this week will be loud. Just don’t pretend you didn’t know the dates, they’re all right here.
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It’s like the markets are running a buffet and investors are piling plates high.
The real headline, of course, is Vijay Kedia’s name stamped on TechD Cybersecurity. That’s like Sachin endorsing a cricket bat – people line up before asking the price.
But here’s the kicker: in India, retail investors don’t need much convincing. A hot name, a shiny sector, and a halfway decent price band – done. SEBI can keep rewriting the rulebook, but as long as liquidity is flowing, Dalal Street’s IPO party isn’t slowing.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investing in stocks includes financial risks, and past performance is not indicative of future results. Readers should conduct their own research or consult with a qualified financial advisor before making any investment decisions.
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