Upcoming IPOs Next Week: The Indian primary market continues to stay vibrant despite ongoing volatility in the secondary market. Next week, investors will see a flurry of opportunities with seven new IPOs opening for subscription across both mainboard and SME segments. Alongside these fresh issues, seven IPO listings are also lined up, keeping the market sentiment buzzing.
Key Highlights for Upcoming IPOs
A total of five mainboard IPOs and two SME IPOs will hit Dalal Street between August 18 and August 22, 2025. These offerings come on the back of strong investor participation in earlier listings such as JSW Cement, which saw mixed debut action.
Let’s take a closer look at the IPO calendar for the week.
Mainboard IPOs Opening Next Week
1. Shreeji Shipping Global IPO
- Open Dates: August 19 – August 21, 2025
- Price Band: ₹240 – ₹252 per share
Shreeji Shipping Global will be keenly watched given the uptick in logistics and shipping demand.
2. Gem Aromatics IPO
- Open Dates: August 19 – August 21, 2025
- Price Band: ₹309 – ₹325 per share
Gem Aromatics is entering the market with strong brand recognition in the fragrances and aroma chemicals sector.
3. Vikram Solar IPO
- Open Dates: August 19 – August 21, 2025
- Price Band: ₹315 – ₹332 per share
One of India’s leading solar module manufacturers, Vikram Solar’s IPO is expected to attract ESG-focused investors.
4. Patel Retail IPO
- Open Dates: August 19 – August 21, 2025
- Price Band: ₹237 – ₹255 per share
This retail-focused company is tapping the public markets to fuel its expansion plans.
5. Mangal Electrical IPO
- Open Dates: August 20 – August 22, 2025
- Price Band: ₹533 – ₹561 per share
Operating in the electrical equipment sector, Mangal Electrical is likely to appeal to long-term growth investors.
SME IPOs Opening Next Week
6. Studio LSD IPO
- Open Dates: August 18 – August 20, 2025
- Price Band: ₹51 – ₹54 per share
This SME issue has already created buzz among small-cap investors.
7. LGT Business Connextions IPO
- Open Dates: August 19 – August 21, 2025
- Price: ₹107 per share (fixed price issue)
Focused on business consultancy, LGT Business Connextions aims to strengthen its service portfolio.
IPO Listings Scheduled Next Week
Alongside fresh subscriptions, seven IPOs are set to list on the exchanges. Some of the notable listings include:
- BlueStone Jewellery IPO – Listing on NSE & BSE, August 19
- Regaal Resources IPO – Listing on NSE & BSE, August 20
- Star Imaging IPO – SME listing on BSE SME, August 18
- Medistep Healthcare IPO – SME listing on NSE SME, August 18
- ANB Metal Cast IPO – SME listing on NSE SME, August 18
- Icodex Publishing Solutions IPO – SME listing on BSE SME, August 19
- Mahendra Realtors IPO – SME listing on NSE SME, August 20
Market Sentiment
The healthy pipeline of IPOs indicates continued optimism in the Indian equity market. While secondary markets have witnessed profit-booking, the primary market remains in high demand, offering fresh investment opportunities for retail and institutional investors alike.
Final Takeaway
Next week presents a diverse bouquet of IPOs spanning sectors such as solar energy, retail, electricals, logistics, and fragrances. Investors should carefully evaluate company fundamentals, industry prospects, and risk appetite before subscribing. With Gem Aromatics IPO and Vikram Solar IPO being the star attractions, the week ahead is expected to be eventful for IPO enthusiasts.