Archive · 6 Sep 2026
India’s IPO Rush Intensifies With 11 Issues Next Week
Eleven companies in India want to sell shares to the public next week.
Together, they hope to raise Rs 7,055 crore.
Some of this money will go directly to the companies for expansion, equipment, debt repayment and daily business needs.
The rest will come from existing investors selling their shares.
Pranav Constructions will open the first IPO on September 7.
Several companies, including Rentomojo, will launch IPOs on September 9.
Rentomojo plans to raise the most, at Rs 1,256 crore.
The busy period is expected to bring the total number of companies entering the IPO market in 2026 to 75.
Eleven mainboard companies plan to raise a combined Rs 7,055 crore through IPOs between September 7 and September 15.
Fresh issues will account for Rs 2,722 crore, while existing shareholders will offer Rs 4,333 crore for sale.
Pranav Constructions will begin the activity on September 7 with an issue exceeding Rs 351 crore.
Rentomojo will lead the September 9 launches with a targeted fundraising of Rs 1,256 crore.
The launches are expected to take the number of companies entering the IPO market in 2026 to 75.
- Who
- Eleven mainboard companies, including Rentomojo, Pranav Constructions, Karamtara Engineering and Arcil.
- What
- The companies plan to launch IPOs seeking a combined Rs 7,055 crore.
- When
- Between September 7 and September 15; the article refers to the 2026 IPO market.
- Where
- India’s primary market, with the report datelined Mumbai.
- Why
- To raise growth capital for expansion, capital expenditure, debt repayment, working capital and general corporate purposes.
- Total fundraising
- Rs 7,055 crore across 11 IPOs
- Fresh issues
- Rs 2,722 crore, or 39 per cent of the total
- Offers for sale
- Rs 4,333 crore, or 61 per cent of the total
- First IPO
- Pranav Constructions opens on September 7 with an issue exceeding Rs 351 crore
- Largest upcoming issue
- Rentomojo is targeting Rs 1,256 crore
- September 8 issues
- Kanohar Electricals, Prasol Chemicals and Glass Wall Systems India
- Expected 2026 total
- 75 companies entering the IPO market, following 23 issues in August