Upcoming IPOs: 12 Mainboard IPOs Worth ₹7,000+ Crore to Hit Dalal Street in this Week

India's primary market is heading into a busy week, with 12 mainboard IPOs scheduled to open between September 7 and September 11. Together, the issues are looking to raise nearly ₹7,180 crore, giving investors a wide range of companies and sectors to track.

The upcoming IPOs cover real estate, power, chemicals, infrastructure, payments, financial services, consumer businesses and packaging. With several large issues opening close to each other, investors will be watching valuations, company fundamentals, issue structure and grey market activity.

IPOs opening on September 7

Pranav Constructions is the first mainboard IPO of the week. The Mumbai based real estate developer is focused on redevelopment projects within the Municipal Corporation of Greater Mumbai area.

The IPO will remain open from September 7 to September 9 and aims to raise ₹351.03 crore. The price band is ₹118 to ₹124 per share, with a fresh issue of ₹315.60 crore and an offer for sale of ₹35.43 crore.

IPOs opening on September 8

Kanohar Electricals will open its IPO on September 8. The company manufactures power transformers and electrical distribution equipment used across power transmission and distribution.

The issue will close on September 10 and aims to raise ₹1,055.74 crore at a price band of ₹601 to ₹632. It includes a fresh issue of ₹300 crore and an OFS of ₹755.74 crore.

Glass Wall Systems India is also opening on September 8. The company manufactures architectural glass and facade systems for the construction industry. Its IPO is worth ₹427.89 crore, with a price band of ₹172 to ₹182.

Prasol Chemicals will also open on September 8. The speciality chemicals maker is targeting ₹500 crore through an IPO priced between ₹643 and ₹676 per share. The issue includes a fresh issue of ₹80 crore and an OFS of ₹420 crore.

IPOs opening on September 9

September 9 will see the biggest cluster of new issues.

Karamtara Engineering is targeting ₹875 crore through its IPO at a price band of ₹241 to ₹254. The company makes components used in power transmission and distribution infrastructure, along with structural steel and fasteners.

LCC Projects will raise ₹427.14 crore through a combination of fresh shares and OFS. The EPC company works on water supply, irrigation and civil infrastructure projects, with the IPO priced between ₹139 and ₹146.

Steamhouse India is seeking ₹414 crore at a price band of ₹77 to ₹81. The company provides energy generation and distribution solutions using steam for industrial processes.

Asset Reconstruction Company India, or ARCIL, will raise ₹732.97 crore entirely through an OFS. Its IPO will have a price band of ₹132 to ₹139.

Manipal Payment and Identity Solutions is targeting ₹805 crore at a price band of ₹322 to ₹339. The company provides payment, smart card and identity solutions.

Rentomojo has the largest issue among the companies opening on September 9. Its IPO is worth ₹1,255.57 crore, with a price band of ₹384 to ₹404. The issue includes ₹150 crore of fresh shares and ₹1,105.57 crore through an OFS.

IPO opening on September 10

Veegaland Developers will open its IPO on September 10 and close on September 15. The Kerala based real estate developer is raising ₹210 crore through a fresh issue priced between ₹130 and ₹140 per share.

IPO opening on September 11

Manika Plastech will open its IPO on September 11 and close on September 16. The packaging company is targeting ₹125.50 crore through a fresh issue and OFS, with a price band of ₹40 to ₹43 per share.

Company	IPO size	Price band	Opening date
Pranav Constructions	₹351.03 crore	₹118 to ₹124	September 7
Kanohar Electricals	₹1,055.74 crore	₹601 to ₹632	September 8
Glass Wall Systems	₹427.89 crore	₹172 to ₹182	September 8
Prasol Chemicals	₹500 crore	₹643 to ₹676	September 8
Karamtara Engineering	₹875 crore	₹241 to ₹254	September 9
LCC Projects	₹427.14 crore	₹139 to ₹146	September 9
Steamhouse India	₹414 crore	₹77 to ₹81	September 9
Asset Reconstruction Company	₹732.97 crore	₹132 to ₹139	September 9
Manipal Payment & Identity Solutions	₹805 crore	₹322 to ₹339	September 9
Rentomojo	₹1,255.57 crore	₹384 to ₹404	September 9
Veegaland Developers	₹210 crore	₹130 to ₹140	September 10
Manika Plastech	₹125.50 crore	₹40 to ₹43	September 11

The week brings a mix of fresh issues and OFS heavy offerings, with Rentomojo** and **Kanohar Electricals among the largest IPOs by size. Investors will also be watching subscription demand and market sentiment as several issues compete for capital at the same time.

The broader IPO pipeline remains active, with several other large companies also preparing to enter the public market.

Which upcoming IPO is the best to apply for?

There is no single best IPO for every investor. Rentomojo, Kanohar Electricals, Karamtara Engineering and Prasol Chemicals have different businesses, valuations and risk profiles.

Which upcoming IPO is good to invest in?

Rentomojo, Kanohar Electricals, Karamtara Engineering and Prasol Chemicals are among the IPOs attracting attention. Investors should compare their valuations, financials and growth prospects.

Is Rentomojo IPO a good IPO?

Rentomojo is one of the largest IPOs in the current pipeline. Its rental business, valuation, financial performance and issue structure will be important factors for investors.

Is Kanohar Electricals IPO a good investment?

Kanohar Electricals operates in power transformers and electrical infrastructure. Its business exposure and IPO valuation will be important factors when assessing the issue.

Is Prasol Chemicals IPO a good investment?

Prasol Chemicals operates in speciality chemicals. Investors will be watching its financial performance, valuation, margins and future demand before deciding whether the IPO is attractive.

Is Karamtara Engineering IPO a good IPO?

Karamtara Engineering operates in power transmission, distribution and industrial infrastructure. Its growth prospects, financial performance and IPO valuation will matter to investors.

Is Rentomojo IPO worth applying for?

Rentomojo has a large IPO and operates a subscription based rental marketplace for furniture, appliances and electronics. Investors should compare its valuation with its financial performance and growth prospects.

Which is better, Rentomojo IPO or Kanohar Electricals IPO?

Rentomojo operates in consumer rentals, while Kanohar Electricals is focused on power infrastructure. Investors should compare their valuations, earnings and business outlook rather than relying only on IPO size.

Which upcoming IPO has the highest issue size?

Rentomojo has the largest issue among the IPOs covered, followed by Kanohar Electricals and Karamtara Engineering.

What is Rentomojo IPO price band?

Rentomojo has a price band of ₹384 to ₹404 per share and is targeting around ₹1,255.57 crore through its IPO.

What is Kanohar Electricals IPO price band?

Kanohar Electricals has a price band of ₹601 to ₹632 per share and is targeting around ₹1,055.74 crore through its IPO.

When is Rentomojo IPO opening?

Rentomojo IPO is scheduled to open on September 9 and close on September 11.

When is Kanohar Electricals IPO opening?

Kanohar Electricals IPO is scheduled to open on September 8 and close on September 10.

Which upcoming IPO has the best GMP?

GMP changes frequently and does not guarantee listing gains. Investors should check the latest GMP along with the IPO valuation, financials and subscription demand.

Which upcoming IPO is best for listing gains?

There is no guaranteed best IPO for listing gains. GMP, subscription demand, valuation and overall market sentiment can influence the listing performance