IPO News

Lumino Industries' INR 700 crore IPO is drawing positive attention from brokers due to its perceived valuation discount to peers. Analysts highlight the company's integrated manufacturing-EPC model and strong order book, while flagging risks like heavy reliance on government clients, customer concentration, and working capital challenges.

ESDS Software's IPO anchor book raised INR 216 crore at INR 429 per share, with domestic mutual funds accounting for over 81% of the allotment. The issue opens August 28, aiming to raise INR 720 crore. Grey market premium suggests a potential 85% listing gain.

A company has unveiled its IPO calendar for September 2026, signaling its readiness to go public. Key details regarding the offering are anticipated in the near future, with investors awaiting further information on pricing and subscription dates.

September 2026 is set to feature a series of Initial Public Offerings (IPOs) from both Mainboard and SME companies. The upcoming listings are expected to offer investors opportunities for participation and potential listing gains, with companies highlighting plans for satisfactory utilization of IPO funds.

The September 2026 IPO calendar features major mainboard and SME listings including ESDS Software, Priority Jewels, and Avaada Electro. Here is a clear breakdown of dates, price bands, and issue sizes.

Augmont Enterprises IPO allotment concluded on August 26, 2026, after attracting bids exceeding INR 64,290 crore, a 111.14x subscription rate led by institutional investors. Share credit and refunds are expected by August 27, with listing on NSE and BSE on August 28.

Avaada Electro plans a INR 7,600 crore IPO in India, showcasing rapid growth in solar manufacturing using TOPCon technology. The offering reveals significant reliance on its parent group for revenue and highlights that most proceeds will go to the promoter via an Offer for Sale, with a substantial portion of the fresh issue earmarked for debt repayment.

Hy-Tech Engineers IPO analysts are largely positive, citing strong product portfolios and improving margins, though valuations diverge. The issue is heavily subscribed. Key risks include customer and geographic concentration, alongside industry cyclicality and raw material price volatility. Anchor investors have committed INR 40.72 crore.