Multiple Indian IPOs scheduled for early September, targeting about ₹7,000 crore+ this week

Mumbai: India's primary market is set for yet another busy week, with 16 companies, including 12 mainboard and four SMEs, looking to raise more than ₹7,190 crore as they seek to ride the ongoing IPO wave.The mainboard IPOs lined up for the week from September 7 to 11 are Pranav Constructions, Glass Wall Systems India, Prasol Chemicals, Kanohar Electricals, Manipal Payment & Identity Solutions, Steamhouse India, LCC Projects, Karamtara Engineering, Rentomojo, Asset Reconstruction Co India, Veegaland Developers and Manika Plastech.133856424In the SME segment, Apana Logistics, Infrax Renewable, Vinod Texworld and Amtech Esters will launch their IPOs.Read more: Sebi's new sectoral debt fund category explained: Yields, tax and risksIPO fundraising has remained robust so far in September, with 14 mainboard issues raising around ₹7,640 crore. This follows a strong August, when 23 mainboard IPOs raised around ₹22,456 crore. In the SME segment, seven IPOs have raised ₹260 crore so far in September, compared with 23 issues that raised around ₹1,159 crore in August.

Mumbai: The Indian primary market is heading for a busy week, with 11 mainboard companies looking to raise a combined Rs 7,055 crore through initial public offerings between September 7 and September 15.The IPO pipeline includes Rentomojo, Karamtara Engineering, Kanohar Electricals, Manipal Payment and Identity Solutions and several other companies across real estate, engineering, chemicals, financial services and manufacturing.Fresh Issues Worth Rs 2,722 CroreOf the total Rs 7,055 crore fundraising, Rs 2,722 crore, or 39 per cent, will come through fresh issues. The remaining Rs 4,333 crore, or 61 per cent, will be offers for sale by existing shareholders.Companies plan to use fresh proceeds for expansion, capital expenditure, debt repayment, working capital and general corporate purposes.Rajkumar Rathi, Chief Investment Officer at YES Securities, said the rush reflects companies' eagerness to secure growth capital while liquidity remains available in the primary market.Pranav Constructions Opens FirstPranav Constructions will kick off the week's IPO activity on September 7 with an issue of more than Rs 351 crore. The company has set a price band of Rs 118 to Rs 124 per share.Kanohar Electricals, Prasol Chemicals and Glass Wall Systems India will open their IPOs on September 8.Kanohar Electricals plans to raise Rs 1,056 crore, while Prasol Chemicals is targeting Rs 500 crore. Glass Wall Systems India's issue size stands at Rs 428 crore.Rentomojo Leads September 9 RushSeptember 9 will see several major IPO launches. Rentomojo will seek Rs 1,256 crore, making it the largest among the upcoming issues.Karamtara Engineering plans to raise Rs 875 crore, while Manipal Payment and Identity Solutions is targeting Rs 805 crore.Arcil will launch a Rs 733 crore IPO entirely through an offer for sale. LCC Projects will raise Rs 427 crore, while Steamhouse India plans a Rs 414 crore issue.NSE Gets Sebi Nod For ₹30,000 Crore IPO, Set To Become India's Largest Public IssueVeegaland Developers will open its Rs 210 crore fresh issue on September 10.The latest launches are expected to take the number of companies entering the IPO market in 2026 to 75, following 23 issues in August alone.