The Indian primary market is gearing up for a busy week, with nine initial public offerings (IPOs) scheduled to launch between September 8 and September 12, 2025. These IPOs span across both the mainboard and SME (Small and Medium Enterprise) segments, offering investors a diverse range of opportunities. Alongside the new issues, eight companies are also set to debut on the stock exchanges, adding to the overall momentum in the primary market.
Mainboard IPOs
The mainboard segment will see three IPOs opening for public subscription:
- Urban Company IPO: The most anticipated IPO of the week is from Urban Company, India's largest home services marketplace. The company is launching its ₹1,900 crore IPO on September 10, which will remain open until September 12. The offer includes a fresh issue of ₹472 crore and an offer-for-sale of ₹1,428 crore by existing shareholders. The price band has been set at ₹98–103 per share. At this price range, Urban Company is seeking a post-issue valuation of ₹14,095–14,790 crore. The IPO allotment is expected on September 15, with a tentative listing date on September 17 on both the NSE and BSE.
- Dev Accelerator IPO: Dev Accelerator Ltd., a flexible workspace provider, is also launching its IPO on September 10, closing on September 12. The company aims to raise up to ₹143 crore through a fresh issue of 23.5 million equity shares. The price band is fixed at ₹56–61 per share. At the upper end of the band, the IPO values the company at about ₹550 crore. Allotment and listing are expected to align with Urban Company, on September 15 and 17, respectively.
- Shringar House of Mangalsutra IPO: Mumbai-based jewellery brand Shringar House of Mangalsutra will also open its IPO on September 10 and close on September 12. The company plans to raise ₹401 crore through a 100% fresh issue of up to 2.43 crore shares. The price band is set at ₹155–165 per share. Shringar House holds around 6% market share in the organized mangalsutra segment (CY23) and intends to use the IPO proceeds for expansion and working capital needs. The IPO allotment is expected on September 15, with a tentative listing date of September 17 on NSE and BSE.
SME IPOs
The SME segment will also be active, with six public issues scheduled to open for subscription throughout the week:
- Krupalu Metals IPO: Opens on September 8, aiming to raise ₹13.48 crore. The IPO price is fixed at ₹72 per share, with a tentative listing date of September 16 on the BSE SME platform.
- Nilachal Carbo Metalicks IPO: Opens on September 8.
- Karbonsteel Engineering IPO: Opens on September 9, aiming to raise ₹59.3 crore.
- Taurian MPS IPO: Opens on September 9, aiming to raise ₹42.53 crore.
- Jay Ambe Supermarkets IPO: Launching on September 9, with a goal to raise ₹18.45 crore.
- Airfloa Rail Technology IPO: Opens on September 11, seeking to raise ₹91.10 crore.
New Listings
In addition to the IPOs, several companies are set to make their debut on the stock exchanges:
- Amanta Healthcare IPO: Listing on September 9 on NSE and BSE. The IPO was subscribed 82.60 times.
- Rachit Prints IPO: Listing on September 8.
- Goel Construction IPO and Optivalue Tek Consulting IPO: Debuting on September 10.
- Austere Systems IPO, Vigor Plast India IPO, and Sharvaya Metals IPO: Listing on September 12.
With nine IPOs and eight listings, the upcoming week promises to be an eventful one for investors, offering a range of opportunities across different sectors and market segments.