Next week will be very active for the IPO market, with seven companies launching issues worth a total of ₹4,161 crore.
These IPOs include Jain Resource Recycling and Anand Rathi, and most are showing strong activity in the grey market with premiums over their issue price.
However, experts suggest investors should look at company fundamentals and financials instead of only relying on grey market trends. Here are the full details:
Jain Resource Recycling IPO
Size: ₹1,250 crore (₹500 crore fresh issue + balance offer for sale)
Open/Close: 24–26 September
Price Band: ₹220–₹232 | Lot Size: 64 shares
Allotment: 29 September | Listing: 1 October (BSE & NSE)
Grey Market Premium (GMP): ₹23 (9.91% over upper band)
Business: Processes copper, lead, aluminium, and precious metal waste. About 60% of revenue comes from exports.
Anand Rathi Share & Stock Brokers IPO
Size: ₹745 crore (entirely fresh issue)
Open/Close: 23–25 September
Price Band: ₹393–₹414 | Lot Size: 36 shares
Allotment: 26 September | Listing: 30 September
GMP: ₹35 (8.45% above upper band)
Business: A full-service brokerage firm.
Atlanta Electricals IPO
Size: ₹687.34 crore (₹400 crore fresh issue + balance offer for sale)
Open/Close: 22–24 September
Price Band: ₹718–₹754 | Lot Size: 19 shares
Allotment: 25 September | Listing: 29 September
GMP: ₹157 (20.82% above upper band)
Business: Manufacturer of transformers.
Epack Prefab Technologies IPO
Size: ₹504 crore (₹300 crore fresh issue + balance offer for sale)
Open/Close: 24–26 September
Price Band: ₹194–₹204 | Lot Size: 73 shares
Allotment: 29 September | Listing: 1 October
GMP: ₹19 (9.31% above upper band)
Business: Provides pre-engineered building solutions; makes EPS thermocol blocks, sheets, and packaging items.
Jaro Institute of Technology Management & Research IPO
Size: ₹450 crore (₹170 crore fresh issue + balance offer for sale)
Open/Close: 23–25 September
Price Band: ₹846–₹890 | Lot Size: 16 shares
Allotment: 26 September | Listing: 30 September
GMP: ₹112 (12.58% above upper band)
Business: Edutech company offering degree and certificate programs with reputed institutes.
Ganesh Consumer Products IPO
Size: ₹408.80 crore (₹130 crore fresh issue + balance offer for sale)
Open/Close: 22–24 September
Price Band: ₹306–₹322 | Lot Size: 46 shares
Allotment: 25 September | Listing: 29 September
GMP: ₹17 (5.28% above upper band)
Business: Leading FMCG brand; largest packaged flour seller in Eastern India.
Jinkushal Industries IPO
Size: ₹116.15 crore (₹104.54 crore fresh issue + balance offer for sale)
Open/Close: 25–29 September
Price Band: ₹115–₹121 | Lot Size: 120 shares
Allotment: 30 September | Listing: 3 October
GMP: ₹51 (42.15% above upper band)
Business: Largest non-OEM exporter of construction machinery (6.9% market share). Exports to over 30 countries including UAE, Mexico, Australia, and UK under the brand HexL.
