Rs 6,400-crore IPO rush: 7 companies set to tap primary market next week

Rs 6,400-crore IPO rush: 7 companies set to tap primary market next week
7 firms set to faucet main market subsequent week

The IPO market is heading into one other packed week, with seven firms scheduled to come back out with public points between August 17 and 21, looking for to lift greater than Rs 6,400 crore collectively.The road-up contains Horizon Industrial Parks, backed by Blackstone, jewelry retailer Lalithaa Jewelry Mart, Shankesh Jewellers, Sunshine Photos, Gaja Different Asset Administration, Tempsens Devices and Augmont Enterprises.The contemporary batch of points comes after 5 IPOs have been launched this week and three firms had already entered the market earlier this month. With the seven upcoming choices, the variety of firms launching IPOs in 2026 is predicted to achieve 55, business knowledge confirmed.

Horizon, Lalithaa to open IPOs on August 17

Horizon Industrial Parks and Lalithaa Jewelry Mart would be the first to hit the market, with each IPOs opening on August 17. Horizon is trying to elevate Rs 2,600 crore, whereas Lalithaa Jewelry Mart has set the problem dimension at Rs 1,700 crore.Horizon Industrial Parks’ IPO is totally a contemporary concern and carries a value band of Rs 57-60 per share. The corporate intends to make use of the proceeds to repay borrowings.Lalithaa Jewelry Mart has mounted the value band at Rs 190-201 per share. Its providing consists of a contemporary concern of as much as Rs 1,200 crore and a suggestion on the market (OFS) of as much as Rs 500 crore.

Shankesh Jewellers, Sunshine Photos subsequent in line

The first market will see two extra points open on August 18. Shankesh Jewellers will search to lift Rs 367 crore, whereas Sunshine Photos will elevate Rs 282 crore.Shankesh Jewellers has set a value band of Rs 88-93 per share. Its IPO includes a contemporary concern of as much as 2.95 crore fairness shares and an OFS of as much as 1 crore fairness shares.Sunshine Photos has mounted its value band at Rs 342-360. Its Rs 282-crore concern includes a contemporary concern of 48 lakh fairness shares and an OFS of 30.37 lakh fairness shares, taking the whole provide dimension to 78.37 lakh shares. Promoters Vipul Amrutlal Shah and Shefali Vipul Shah will promote shares via the OFS.

Gaja Capital, Tempsens comply with

Gaja Different Asset Administration, which operates beneath the Gaja Capital model, will open its Rs 550-crore IPO on August 19. The corporate has set a value band of Rs 152-160 per share. The problem includes a contemporary concern of as much as Rs 450 crore and an OFS of as much as Rs 100 crore.Tempsens Devices will comply with on August 20 with a contemporary concern of Rs 95 crore and an OFS of 1.85 crore shares. The corporate is but to announce the value band, which shall be disclosed on Monday.

Augmont to shut week’s IPO calendar

The week’s IPO calendar will shut with Augmont Enterprises on August 21. The built-in gold and silver platform will elevate Rs 825 crore via a mixture of a Rs 620-crore contemporary concern and an OFS of Rs 205 crore. Its value band shall be introduced on Tuesday.The proceeds from the contemporary points are anticipated for use largely for enterprise growth, capital expenditure, debt compensation and different company functions, whereas the cash raised via OFS will accrue to the promoting shareholders.The IPO pipeline will stay lively even after these seven choices, with air freight forwarding and logistics firm Skyways Air Providers scheduled to launch its Rs 583-crore concern on August 24.

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