The upcoming week is set to be a blockbuster for the IPO market, as seven public issues are scheduled to open for subscription while four companies prepare for their stock market debut. With increased investor participation, steady retail interest, and improving market sentiment, the IPO space is expected to remain active.
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| Upcoming IPOs Next Week Seven Public Issues |
The week beginning March 23 will see a mix of mainboard and SME listings, including fresh public offerings from
- Sai Parenteral's
- Amir Chand Jagdish Kumar (Exports)
- Powerica
SME IPOs include four companies opening their subscription window, and four listings—
- Innovision,
- GSP Crop Science,
- Raajmarg Infra Investment Trust,
- Novus Loyalty —are lined up for next week.
Investors looking for latest IPO news, subscription details, and listing timelines should keep a close watch as this week may offer multiple opportunities for both short-term and long-term gains.
Mainboard IPOs Opening Next Week
Below are the details of the mainboard issues opening for subscription.
1. Sai Parenteral's IPO
Subscription Window: March 24 – March 27
Price Band: ₹372–₹392 per share
Lot Size: 38 shares
Total Issue Size: ₹408.79 crore
- Fresh Issue: ₹285 crore
- OFS: ₹123.79 crore
Use of Funds
- Expansion & upgradation of manufacturing facilities
- Debt reduction
- Setting up a new R&D centre
- Working capital
- Corporate purposes
Company Overview
Sai Parenteral's is a diversified pharmaceutical formulations company engaged in R&D, product development, and advanced drug manufacturing.
2. Amir Chand Jagdish Kumar (Exports) IPO
Subscription Window: March 24 – March 27
Price Band: ₹201–₹212
Lot Size: 70 shares
Total Issue: ₹440 crore (fresh issue only)
Use of Funds
- Working capital requirements
- General corporate purposes
Company Overview
The company is a leading basmati rice processor and exporter, known for its flagship brand ‘Aeroplane’.
3. Powerica IPO
Subscription Window: March 24 – March 27
Price Band: ₹375–₹395
Lot Size: 37 shares
Issue Size: ₹1,100 crore
- Fresh Issue: ₹700 crore
- OFS: ₹400 crore
Use of Funds
- ₹525 crore will go towards debt repayment
- Balance for general business needs
Company Overview
Powerica provides integrated power solutions, including diesel generator sets, large generators, and aftermarket services.
SME IPOs Opening Next Week
SME issues are attracting strong retail participation. Here’s a detailed breakdown:
SME IPO Table
| Company | Issue Size | Price Band | Subscription Window | Listing Date | Lot Size |
|---|---|---|---|---|---|
| Tipco Engineering India | ₹60.55 crore | ₹84–₹89 | March 23–25 | April 1 | 3,200 shares |
| Highness Microelectronics | ₹21.67 crore | ₹114–₹120 | March 24–27 | April 2 | 2,400 shares |
| Vivid Electromech | ₹130.54 crore | ₹528–₹555 | March 25–30 | April 6 | 480 shares |
| Emiac Technologies | Fresh issue of 32.40 lakh shares | Not announced | March 27–April 8 | April 13 | Not announced |
IPO Listings Scheduled Next Week
Next week will also witness four major listings, making it one of the busiest periods in the primary market.
Listing Calendar
| Company | Listing Type | Sector |
|---|---|---|
| Innovision | SME | Tech/Services |
| GSP Crop Science | Mainboard/SME (as applicable) | Agrochemicals |
| Raajmarg Infra Investment Trust | InvIT | Infrastructure |
| Novus Loyalty | SME | SaaS / Loyalty Tech |
These listings will be closely watched by retail and institutional investors, as several previous SME IPOs have delivered strong listing premiums.
What This Means for Investors
With seven IPOs and four listings, the week ahead promises high activity in the primary market. The mix of diversified sectors, including pharmaceuticals, power, electronics, and technology, provides opportunities for portfolio diversification.
Retail investors should monitor
- Price bands
- Subscription levels
- GMP trends
- Financials and fundamentals
since these factors can influence both listing performance and long-term prospects.
Conclusion
The upcoming week is extremely important for those tracking upcoming IPOs, subscription windows, and new listings. With strong participation expected across mainboard and SME categories, the IPO market may continue its positive momentum.
Whether you are a seasoned trader or a first-time IPO applicant, this week offers multiple options worth evaluating based on risk appetite and long-term goals.