IPO Calendar: 9 companies to raise nearly Rs 7,000 crore in one of the busiest weeks

This week is set to be one of the busiest for India’s primary market this year, with nine IPOs scheduled to open for subscription across the mainboard and SME segments. Of these, two IPOs -- Aegis Vopak Terminals and Schloss Bangalore -- are from the mainboard category, collectively aiming to raise over Rs 6,300 crore. The remaining seven are SME IPOs catering to retail and niche institutional investors. Overall, nearly Rs 7,000 crore worth IPOs will be launched this week.

The IPO rush comes at a time of heightened market volatility. However, companies hope that the investor interest will be strong in SME and large-cap offerings. The response to mainboard IPOs may also set the tone for June and rest of the year pipeline.

Here’s a breakdown of the IPO action to watch:

Schloss Bangalore and Aegis Vopak IPOs

Two large IPOs are expected to dominate the headlines this week. Schloss Bangalore, operator of The Leela luxury hotels, is launching a Rs 3,500 crore public issue at a price band of Rs 413–435 per share. Also opening on May 26 is Aegis Vopak Terminals, a storage and logistics firm, planning to raise Rs 2,800 crore with a price band of Rs 223–235 per share.

Both IPOs will close on May 28 and are set to list on BSE and NSE.

Tech & Logistics dominate mid-week SME issues

The SME segment sees a flurry of mid-sized offers. Notable among them is Prostarm Info Systems, opening May 27, aiming to raise Rs 168 crore via BSE and NSE. The firm provides energy storage and power conditioning equipment.

Blue Water Logistics, with a Rs 40.50 crore issue, also opens on May 27. Its focus is on coastal and inland cargo logistics. Astonea Labs, a pharma player, will tap the BSE SME platform with a Rs 37.67 crore IPO on the same day.

Textiles, Chemicals and Paper SMEs join the fray

On May 28, three more SME IPOs were scheduled -- Scoda Tubes (Rs 220 crore), N R Vandana Tex Industries (Rs 27.89 crore), and Neptune Petrochemicals (Rs 73.20 crore). These span sectors such as stainless steel tubes, textiles, and industrial chemicals, targeting listings on BSE or NSE SME platforms.

Nikita Papers, raising Rs 67.54 crore, is also opening on May 27, offering investors exposure to the paper manufacturing segment.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)