Six Mainboard IPOs Open Today: GMP Insights and Subscription Updates for September 29 Investors
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Several Mainboard IPOs have opened for subscription today, September 29, 2025, offering investors a range of opportunities across different sectors. Here's a snapshot of the IPOs that are currently live, including details on their grey market premium (GMP), subscription status, and other key information.

IPOs Opening Today

  • Fabtech Technologies IPO: This IPO is a book-built issue aiming to raise ₹230.35 crore. The issue consists entirely of a fresh issue of 1.21 crore shares. The price band is set between ₹181 and ₹191 per share. Retail investors can participate with a minimum lot size of 75 shares, requiring an investment of ₹14,325. The IPO will be open for subscription from September 29 to October 1, and the shares are expected to be listed on October 7. As of September 29, the GMP for Fabtech Technologies IPO was ₹20, indicating a potential listing price of ₹211 per share, a premium of 10.47% over the upper price band. Fabtech Technologies is a biopharma engineering company. The company intends to use the IPO proceeds to fund working capital, pursue inorganic growth, and for general corporate purposes. In FY25, the company's profit after tax (PAT) increased by 70.65% year-on-year (YoY) to ₹46.45 crore, and revenue from operations rose by 44.45% YoY to ₹326.67 crore.
  • Glottis IPO: Logistics solution provider Glottis launched its IPO today, September 29. The IPO will remain open for subscription until October 1. The price band for the IPO is set at ₹120 to ₹129 per share.
  • Om Freight Forwarders IPO: The public subscription for Om Freight Forwarders IPO also opened today and will conclude on October 3. The price band is set between ₹128 and ₹135 per share. The IPO is a book-building issue of ₹122.31 crores, comprising a fresh issue of ₹24.44 crores and an offer for sale of ₹97.88 crores. The company raised ₹15.9 crore from anchor investors before the IPO opening. As of today, the subscription status is as follows: Non-Institutional Investors: 0.05 times, Retail Individual Investors: 0.00 times, and Total: 0.01 times. Om Freight Forwarders intends to use the net proceeds from the fresh issue to fund capital expenditure for acquiring commercial vehicles and heavy equipment, as well as for general corporate purposes. Om Freight Forwarders is a third-party logistics provider specializing in integrated services, including international freight forwarding, customs clearance, transportation, warehousing, and project cargo handling.

Other Active IPOs

Besides the ones opening today, several other mainboard IPOs are currently active:

  • Trualt Bioenergy IPO: Opened on September 25 and closes today, September 29. The IPO has a price band of ₹472-496 apiece. By the end of Day 2, it was subscribed 0.85 times. The grey market premium (GMP) is ₹109, suggesting a listing price near ₹605.
  • Jinkushal Industries IPO: Opened on September 25 and also closes today. The IPO has witnessed decent buying interest from retail and non-institutional investors.

Upcoming IPOs

Several other IPOs are scheduled to open in the coming days:

  • Advance Agrolife IPO: This IPO will open on September 30 and close on October 3, with the issue priced in the range of ₹95 to ₹100 per share.
  • WeWork India Management Ltd. IPO: This IPO is set to open on October 3 and close on October 7. The company is launching a ₹3,000 crore book-built offer, entirely comprising an offer for sale (OFS) of 4.63 crore equity shares.

Listings to Watch

Several companies are also scheduled to make their stock market debut soon:

  • September 29: Atlanta Electricals and Ganesh Consumer Products will be listed on NSE and BSE.
  • September 30: Seshaasai Technologies, Solarworld Energy Solutions, Jaro Institute, and Anand Rathi Share & Stock Brokers will join the bourses.

Written By
Driven by social justice, a commitment to advocacy, and a passion for sports, Priya is focusing her early journalistic efforts on highlighting inequality and marginalization in her community. She's learning to report on sensitive topics with empathy and accuracy, ensuring vulnerable voices are heard. Her dedication to sports also fuels her understanding of fair play and collective effort, principles she brings to her reporting.
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