Athira Sethu
Kochi, 9 Mar 2026
The primary market continues to show strong activity despite rising oil prices and geopolitical tensions in the Middle East, which have been negatively impacting secondary markets. Four public issues are scheduled to open next week starting March 9, along with four new companies becoming available for trading on stock exchanges.
The total funds expected to be raised by these four new IPOs is more than Rs 6,600 crore, with three of them coming from the mainboard segment.
Upcoming IPOs Data
| Company Name | Segment | IPO Size (Rs crore) | Opening Date | Closing Date | Price Band (Rs) | Fresh Issue (Rs crore) | Offer for Sale (Rs crore) |
| Rajputana Stainless | Mainboard | 255 | 09-Mar | 11-Mar | 116-122 | 178.7 | 76.25 |
| Innovision | Mainboard | 323 | 10-Mar | 12-Mar | 521-548 | 255 | 67.84 |
| Raajmarg Infra Investment Trust | Mainboard | 6,000 | 11-Mar | 13-Mar | 99-100 per unit | N/A | N/A |
| Apsis Aerocom | SME | 35.77 | 11-Mar | 13-Mar | 104-110 | N/A | N/A |
Recent IPO Closures
- Elfin Agro India: Closed on March 9, subscribed 1.02 times.
- Srinibas Pradhan Constructions: Closed on March 10, subscribed 8% so far.
New Listings
Four new companies are expected to begin trading next week.
- Mainboard Segment: Sedemac Mechatronics scheduled for listing on March 11. Its Rs 1,087-crore IPO was subscribed 2.68 times, and market observers report the IPO shares traded at a moderate premium in the grey market.
- SME Segment:
- Acetech E-Commerce debuts on NSE Emerge on March 9.
- Elfin Agro India lists on BSE SME on March 12.
- Srinibas Pradhan Constructions lists on NSE Emerge on March 13.
- Acetech E-Commerce debuts on NSE Emerge on March 9.
Overall, despite external pressures from oil prices and geopolitical risks, India’s primary market is seeing healthy activity, while new listings on both mainboard and SME segments continue to attract investor interest.
