IPOs/FPOs-Markets-The Economic Times 
Strong Returns! IPO market heats up with 25% average listing gains in two months
India’s IPO market has staged a strong comeback in July-August, with 18 of 22 listings delivering positive debut-day returns. Average listing gains stood at 25%, sharply above the 7% recorded in Q1FY27. Analysts expect momentum to continue, supported by strong investor sentiment, attractive valuations and major upcoming IPOs.
With NSE’s IPO expected in the second half of September, investors face a choice between buying its unlisted shares or waiting for the public issue. NSE’s unlisted shares are currently trading around Rs 2,015, little changed from their level when the exchange filed its DRHP. The stock has traded between Rs 1,800 and Rs 2,150 over the past year.
Mukul Agrawal-backed ESDS Software Solution sets price band for Rs 720 crore IPO. Check key details
ESDS Software Solution Ltd has set the price range for its initial public offering, valued at Rs 720 crore. The IPO is set to open for public subscriptions starting August 28, while anchor investors get a chance to bid on August 27. Subscriptions will conclude on September 1, and the funds raised will be allocated for data center equipment and other corporate needs.
Hy-Tech Engineers IPO Day 2: GMP soars 57%, subscription reaches 7.74x. Should you subscribe?
The Hy-Tech Engineers IPO entered its second day of bidding after receiving 7.74 times subscription on Day 1, led by strong retail and non-institutional demand. With a grey market premium of Rs 30, indicating a potential 57% listing gain, the Rs 135.73-crore issue has attracted bullish investor interest.
Sumax Engineering SME IPO opens today; GMP signals 32% listing gain
The Sumax Engineering IPO opened for subscription on August 25, 2026, on the NSE SME platform and will remain open until August 28. With a grey market premium of Rs 32, the issue indicates a potential 32% listing gain.
Symbiotec Pharmalab IPO Day 2: GMP signals 34% upside — Should you subscribe?
Symbiotec Pharmalab IPO enters its second day with 80% subscription and a 34% GMP, indicating strong listing expectations. The Rs 1,757 crore issue offers specialised API and biotechnology exposure, while proceeds will reduce debt. However, premium valuations and moderate return ratios warrant careful consideration despite strong investor interest.
Tempsens Instruments allotment today; GMP signals 105% listing gains. Here’s how to check your status
Tempsens Instruments IPO allotment is expected on August 25 after the Rs 650-crore issue was subscribed 184.07 times. Investors can check their allotment status through the registrar’s website, NSE or BSE. With the IPO’s GMP indicating a potential 105% premium, the stock is expected to attract strong interest ahead of its August 28 listing.
Annu Projects IPO opens: Check GMP, price band, and key dates. Should you subscribe?
Annu Projects IPO GMP: Annu Projects’ Rs 175.06 crore IPO opened today, with bidding until August 28. The issue has a zero GMP despite strong FY26 growth in income and profit. Proceeds will fund machinery and working capital. Anand Rathi has given a “Subscribe – Long Term” rating, though valuations appear fully priced at the upper band.
Augmont Enterprises IPO Day 3: GMP at 42%, issue subscribed 14.46x. Should you apply?
Today marks the end of bidding for Augmont Enterprises' IPO, which has attracted considerable interest from investors. The grey market premium forecasts promising gains upon listing. Retail and non-institutional subscriptions have been impressive. The anticipated proceeds will support working capital and other general needs, with the company’s stock expected to debut on NSE and BSE on August 31, 2026.
India Inc’s equity fundraising surges past Rs 1.11 lakh crore on strong inflows in July-August
IPO activity remained particularly strong, garnering more than 40% of the funds raised. So far this month, 20 companies have collected more than ₹20,850 crore, adding on to the ₹28,650 crore raised by 12 companies in July. Listed companies have also stepped up qualified institutional placements (QIP), with four companies raising ₹3,250 crore so far in August, against ₹25,114 crore by eight companies in July.
MP Steel files IPO papers; plans Rs 95 crore fresh issue, 23.07 lakh-share OFS
MP Steel Limited has submitted its Draft Red Herring Prospectus (DRHP) to SEBI as it prepares for its initial public offering. The company aims to generate capital via a fresh issuance of shares and an offer for sale. The funds raised will go towards establishing a new billet manufacturing facility, thereby boosting its backward integration.
Avaada said to plan public filing for $800 million IPO
Avaada Electro is gearing up for an initial public offering aiming to raise up to $800 million. The solar manufacturing company has partnered with several banks to oversee this potential share sale, which will feature new stock along with a secondary sale. This move aligns Avaada Electro with other players in the renewable energy sector striving for capital markets engagement, currently boasting a solar manufacturing capacity of 8.5 gigawatts.
Madhur Knit Crafts, ABH Healthcare SME IPOs Day 1: Early subscription, GMP, and key details
Madhur Knit and ABH Healthcare SME IPOs opened on August 24, 2026, attracting early investor interest. Madhur Knit showed a 16% GMP, while ABH Healthcare had no GMP. Both issues close August 27, with listings expected September 1. Investors will track subscription trends, valuations, proceeds utilisation and grey-market sentiment closely.
Augmont Enterprises IPO Day 2: GMP jumps to 48%, issue subscribed 2.74x — Should you subscribe?
Augmont Enterprises IPO entered its second day with strong demand, reaching 2.74 times subscription on Day 1. GMP climbed to 48%, indicating potential listing gains. The Rs 825 crore issue benefits from an integrated gold and silver ecosystem, strong financial growth and positive brokerage views, though valuation and working-capital risks remain.
Gaja Alternative Asset Management allotment expected today; GMP at 11% — Here’s how to check status online
Gaja Alternative Asset Management IPO allotment is expected today, August 24, after its Rs 550 crore issue was subscribed 31.33 times. QIBs led demand at 43.58 times, while NIIs subscribed 62.35 times. With GMP at Rs 17, or 11%, investors await allotment status before the proposed August 26 listing on NSE and BSE.