The primary market is set for an active week as several companies prepare to enter Dalal Street.
Between January 19 and 23, investors can expect a mix of mainboard IPOs, SME IPOs, and stock listings.
In total, the week will see one large mainboard IPO, three SME IPOs, and nine listings.
Here’s a closer look at what’s opening and what’s debuting on the stock exchanges.
Mainboard IPO Spotlight: Shadowfax Technologies
The biggest IPO of the week is Shadowfax Technologies, the only mainboard issue scheduled to open.
Issue Size: ₹1,907.27 crore (mix of fresh equity and offer for sale by existing shareholders)
Price Band: ₹118-124 per share
IPO Dates: January 20 to 22
Allotment & Listing: Allotment expected by January 23, listing tentatively on BSE and NSE on January 28
This IPO will be closely watched by investors looking for a major market opportunity next week.
SME IPOs Opening Next Week
Alongside Shadowfax, three SME IPOs will be available for subscription:
Digilogic Systems
IPO Dates: January 20–22
Issue Size: ₹81.01 crore
Price Band: ₹98–104 per share
Listing: BSE SME platform on January 28
KRM Ayurveda
IPO Dates: January 21–23
Issue Size: ₹77.49 crore
Price Band: ₹128–135 per share
Listing: NSE SME platform on January 29
Shayona Engineering
IPO Dates: January 22–27
Issue Size: Fully fresh issue
Listing: BSE SME platform on January 30
These SME IPOs give investors a chance to participate in smaller, growth-focused companies.
Listings to Keep an Eye On
Several companies will also make their market debut next week:
January 19: Bharat Coking Coal, Defrail Technologies (BSE SME), Avana Electrosystems (NSE SME)
January 21: GRE Renew Enertech, INDO SMC, Narmadesh Brass Industries, Amagi Media Labs (mainboard and SME platforms)
January 22: Armour Security (NSE SME)
January 23: Aritas Vinyl (BSE SME)
With this packed schedule of IPOs and listings, the upcoming week promises to be exciting for investors looking for new opportunities in both large and small-cap markets.




