2 weeks ago
Seven companies to launch IPOs next week, raise over ₹6,400 crore
When a company wants to grow, it can sell pieces of itself to people.
This is called an IPO.
Next week, many companies in India will do this at the same time.
Seven companies will offer their pieces to buyers and hope to collect over ₹6,400 crore.
A big industrial parks company will try to collect ₹2,600 crore.
A jewellery company will try to collect ₹1,700 crore.
Some other companies, like a movie company and a jewellery company, will also be selling pieces.
There is also a company that manages money and one that makes tools.
Two smaller companies will also join in.
Some of the pieces will be old ones owned by the companies' founders, and some will be new.
The companies want this money to pay off loans and grow their businesses.
This is a very busy week for companies going public in India.
Seven companies plan to launch IPOs next week, aiming to raise more than ₹6,400 crore, with the rush beginning August 17.
Blackstone-backed Horizon Industrial Parks will launch the week's largest IPO worth ₹2,600 crore, entirely a fresh issue at ₹57-60 per share, mainly to repay borrowings.
Jewellery retailer Lalithaa Jewellery Mart will raise ₹1,700 crore at ₹190-201 per share, including a ₹1,200-crore fresh issue and ₹500-crore offer for sale (OFS).
Shankesh Jewellers (₹367 crore) and Sunshine Pictures (₹282 crore) will open on August 18, followed by Gaja Alternative Asset Management (₹550 crore) on August 19.
The seven launches are expected to take the number of companies entering the IPO market in 2026 to 55; another source counts eight issues, six mainboard and two SME, worth over ₹5,499 crore.
Skyways Air Services will launch its ₹583-crore IPO on August 24; price bands for Tempsens Instruments and Augmont Enterprises are yet to be announced.
- Who
- Seven companies—including Horizon Industrial Parks, Lalithaa Jewellery Mart, Shankesh Jewellers, Sunshine Pictures, Gaja Alternative Asset Management, Tempsens Instruments (India), and Augmont Enterprises—will launch IPOs, along with Skyways Air Services on August 24.
- What
- A rush of initial public offerings (IPOs) aiming to raise over ₹6,400 crore, with another source reporting eight issues (six mainboard and two SME) worth over ₹5,499 crore.
- Where
- India's primary market (the Indian stock market).
- When
- The IPO launches begin on August 17 and continue through August 24.
- Why
- Companies are raising funds mainly to repay borrowings and through fresh capital issues and offers for sale by existing shareholders.
Key facts
- Total IPO proceeds targeted
- Over ₹6,400 crore (one source); over ₹5,499 crore for six mainboard issues (another source)
- Largest IPO
- Horizon Industrial Parks — ₹2,600 crore, entirely fresh issue, price band ₹57-60
- Lalithaa Jewellery Mart IPO
- ₹1,700 crore at ₹190-201 per share; fresh issue ₹1,200 crore + OFS ₹500 crore
- Sunshine Pictures IPO
- ₹282 crore at ₹342-360 per share; promoters Vipul Amrutlal Shah and Shefali Vipul Shah in OFS
- Gaja Alternative Asset Management IPO
- ₹550 crore at ₹152-160 per share, opens August 19
- Augmont Enterprises IPO
- ₹825 crore — ₹620-crore fresh issue and ₹205-crore OFS, opens August 21
- Opening dates
- August 17 (Horizon, Lalithaa), August 18 (Shankesh, Sunshine), August 19 (Gaja), August 20 (Tempsens), August 21 (Augmont), August 24 (Skyways Air Services)
- SME IPOs
- Mopshop Distribution (₹27.26 crore) and Dhanwel Hybrid Seeds (₹26.73 crore)
- IPO market count in 2026
- Expected to reach 55 companies entering the IPO market in 2026
Sources
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