IPO Market This Week: 4 Mainboard Public Issues to Open This Week and 7 Companies Prepare to List
India’s primary market is set for another busy week, with four mainboard IPOs scheduled to open for subscription as seven companies prepare to make their market debut. The upcoming issues are expected to keep investor activity elevated across the mainboard segments, despite ongoing volatility in the broader equity market.
The IPO rush follows a strong period of fundraising in the primary market, with companies continuing to tap investors to raise capital for expansion, acquisitions, working capital and other corporate purposes. With several issues opening and listings lined up, investors will be closely tracking the size, valuation and business prospects of these companies.
Four Mainboard IPO Opens this Week
Shah Investor's Home IPO
Shah Investor’s Home IPO is a book-built issue of Rs. 90.17 crore. The company is a retail broking firm with over three decades of experience in the securities market, offering equity and derivatives brokerage services and facilitating transactions in equities, IPOs and other securities for retail investors, including resident and non-resident Indians.
The IPO opened for subscription on September 28, 2026, and will close on September 30, 2026. The allotment is expected to be finalised on October 1, 2026, while the shares are scheduled to list on October 6, 2026. The company’s current GMP stands at 7.19%.
SRIT India IPO
SRIT India IPO is a book-built issue of Rs. 218.40 crore. Bengaluru-headquartered SRIT India Limited is an Information Technology and Information Technology-enabled Services (IT/ITeS) solutions company offering digital solutions, custom application development, and system integration services.
The IPO opened for subscription on September 28, 2026, and will close on September 30, 2026. The allotment is expected to be finalised on October 1, 2026, while the shares are scheduled to list on October 6, 2026. The company’s current GMP stands at 19.23%.
Vishal Nirmiti IPO
Vishal Nirmiti IPO is a book-built issue of Rs. 178.00 crore. Vishal Nirmiti Limited, formerly known as Sejal Farms Private Limited, is a civil engineering, manufacturing, and construction company engaged in manufacturing PSC sleepers for railways, pre-cast and pre-stressed concrete products, and fabrication and erection of MS pipes, liners, and penstock pipes for Pumped Storage Projects (PSPs).
The IPO will open for subscription on September 30, 2026, and close on October 5, 2026. The allotment is expected to be finalised on October 6, 2026, while the shares are scheduled to list on NSE and BSE on October 8, 2026. The company’s current GMP stands at 0%.
Nityas Gems & Jewellery IPO
Nityas Gems & Jewellery IPO is a book-built issue of Rs. 108.35 crore. Nityas Gems and Jewellery Limited is engaged in the design, manufacturing, and sale of lab-grown diamond-studded gold jewellery in India. The company follows an integrated business model covering B2B manufacturing and distribution, along with D2C omnichannel retail operations through its subsidiary, Ayaani Diamonds and Jewellery Private Limited.
The IPO will open for subscription on September 30, 2026, and close on October 5, 2026. The allotment is expected to be finalised on October 6, 2026, while the shares are scheduled to list on NSE and BSE on October 8, 2026. The company’s current GMP stands at 8.00%.
IPOs Closed and Set to List This Week
Varmora Granito IPO was a book-built issue of Rs. 708.02 crore. The company manufactures and markets ceramic and vitrified tiles, including Glazed Vitrified Tiles (GVT), Polished Vitrified Tiles (PVT), and ceramic tiles.
ArMee Infotech IPO was a book-built issue of Rs. 300.00 crore. ArMee Infotech Limited is an IT infrastructure solutions and managed services company providing end-to-end technology solutions across various sectors as part of the ArMee Group.
Swastika Infra IPO was a book-built issue of Rs. 160.88 crore. The company is an engineering, procurement and construction (EPC) firm specialising in power transmission and distribution (T&D) infrastructure projects.
Elevate Campuses IPO was a book-built issue of Rs. 2,100.00 crore. The company operates in education infrastructure, focusing on owning, operating, and managing on-campus student accommodation for higher education institutions and K-12 school assets.
Adroit Industries (India) IPO was a book-built issue of Rs. 150.71 crore. The company is a vertically integrated manufacturer and supplier of propeller shafts and torque-transmission components used in driveline systems.
IPOs Close Today and Set to List This Week
A-One Steels India IPO was a book-built issue of Rs. 405.00 crore. A-One Steels India Limited is a backward-integrated steel manufacturer with a diversified product portfolio, offering long and flat steel products along with industrial products used in steel manufacturing.
Moneyview IPO was a book-built issue of Rs. 1,091.68 crore. Moneyview Ltd. is an Indian fintech company that provides digital financial services through its mobile platform, focusing on accessible and technology-driven financial solutions for individuals.
IPOs Closing Tomorrow and Set to List Next Week
Four IPOs are scheduled to close for subscription tomorrow, September 29, 2026. These include Acevector (Snapdeal), Orient Cables (India), German Green Steel & Power, and Runwal Enterprises , with all four issues having opened for bidding on September 25, 2026.
With the subscription window nearing its end, investors will be closely tracking the final subscription levels and grey market trends. Following the closure, the IPOs are expected to move through the allotment process before their proposed listings next week.