The primary market may be cooling down in terms of fresh fundraising, but there is still plenty happening next week.
Between March 2 and March 6, only one mainboard IPO and one SME IPO will open for subscription.
However, the real excitement will likely come from stock market listings.
Nine companies are preparing to make their debut on the exchanges, keeping investors busy.
Mainboard IPO to Watch: Sedemac Mechatronics
The only mainboard issue opening next week is Sedemac Mechatronics.
The IPO will open on March 4 and close on March 6.
The total issue size is Rs 1,087.5 crore.
This offering is entirely an offer for sale of 80 lakh shares.
That means the money raised will go to existing shareholders who are selling part of their stake, not to the company itself.
The price band has been fixed at Rs 1,287 to Rs 1,352 per share.
Investors can apply in lots of 11 shares. Share allotment is expected by March 9, and the tentative listing date is March 11.
SME IPO: Elfin Agro India
In the SME segment, only one IPO is opening next week — Elfin Agro India.
This is a fixed price issue worth Rs 25.03 crore. Unlike Sedemac’s IPO, this one is entirely a fresh issue.
The funds raised will go directly to the company.
The IPO will open on March 5 and close on March 9.
Allotment is likely on March 10, and the company is expected to list on the BSE SME platform on March 12.
Nine Companies Ready to Debut
While new IPOs are limited, the listing calendar is packed.
Here are the companies expected to list next week:
Mainboard Listings:
Clean Max Enviro Energy – March 2
Shree Ram Twistex – March 2
PNGS Reva Diamond Jewellery – March 4
Omnitech Engineering – March 5
SME Listings:
Kiaasa Retail (BSE SME) – March 2
Accord Transformer (BSE SME) – March 2
Mobilise App Lab (NSE SME) – March 2
Yaap Digital (NSE SME) – March 5
Striders Impex (NSE SME) – March 6
What Investors Should Focus On
Overall, the week looks light in terms of new fundraising.
But with nine companies set to hit the market, listing performance will be the main factor to watch.
For investors, this could be a week driven more by debut-day action than fresh subscriptions.
