Upcoming IPOs Next Week: Investors looking for new public-issue opportunities have several IPOs to track in the coming week. From September 17, a mix of Mainboard and SME IPOs is scheduled to open for subscription, giving investors multiple options to consider.
The biggest issue on the list is the much-awaited NSE IPO, with an estimated issue size of around ₹22,562 crore. Alongside it, Sonaselection India, Kheria Autocomp and Axiom Gas Engineering are also expected to enter the primary market.
Before applying, however, investors should study the company’s financial performance, valuation, business model and associated risks rather than making decisions based only on the popularity of an IPO.
IPOs Opening Next Week
Here are the key IPOs investors can keep on their radar:
| IPO | Subscription Dates | Price Band | Estimated Issue Size |
|---|---|---|---|
| NSE IPO | September 17–21 | ₹1,700–₹1,785 | ₹22,562 crore |
| Sonaselection India IPO | September 17–21 | ₹94–₹99 | ₹142 crore |
| Kheria Autocomp IPO | September 17–21 | ₹96–₹101 | ₹46 crore |
| Axiom Gas Engineering IPO | September 18–22 | ₹50–₹53 | ₹50 crore |
NSE IPO to Be the Biggest Attraction
The NSE IPO is expected to dominate investor attention because of its substantial issue size and the strong recognition of the National Stock Exchange brand.
The IPO is scheduled to open for subscription from September 17 to September 21, with the price band expected to be between ₹1,700 and ₹1,785.
Despite the company’s strong brand presence, investors should not consider that alone a reason to subscribe. The IPO’s valuation, financial performance, growth prospects and potential risks should be assessed before making an investment decision.
Sonaselection India IPO Opens September 17
The Sonaselection India IPO is also scheduled to open on September 17 and remain available for bidding until September 21.
The issue is expected to have a price band of ₹94 to ₹99, while its estimated size is around ₹142 crore.
Although the issue is significantly smaller than the NSE IPO, its size should not be the only factor investors consider. Examining the company’s financial health, business prospects and valuation will be important before applying.
SME IPOs Also in Focus
Investors interested in the SME segment will have additional IPOs to consider next week.
The Kheria Autocomp IPO is expected to open from September 17 to September 21. Its price band is reported at ₹96–₹101, with an estimated issue size of approximately ₹46 crore.
Meanwhile, the Axiom Gas Engineering IPO is scheduled to open on September 18 and close on September 22. The issue is expected to have a price band of ₹50–₹53, with an estimated issue size of about ₹50 crore.
SME IPOs can offer growth opportunities, but investors should also be aware that they can involve higher risks and lower liquidity compared with larger Mainboard-listed companies.
Don’t Invest Based Only on IPO GMP
The Grey Market Premium (GMP) is often closely followed by investors before an IPO listing because it can provide an indication of unofficial market sentiment.
However, GMP is not an official exchange figure and can change quickly. It should therefore not be treated as a guarantee of listing gains or future performance.
Investors considering these upcoming IPOs should look beyond GMP and examine factors such as:
- Company’s financial performance
- IPO valuation
- Revenue and profit growth
- Business model and future prospects
- Debt and other financial risks
- Promoter background
- Use of IPO proceeds
- Industry and competitive environment
What Should Investors Do?
The upcoming week could be an important one for the primary market, particularly because of the scale of the proposed NSE IPO and the arrival of several SME issues.
However, an IPO subscription should be based on fundamental analysis rather than hype or grey-market expectations. Investors should carefully read the company’s offer documents, understand the risks and assess whether the valuation suits their investment strategy.
Disclaimer: IPO investments are subject to market risks. The dates, price bands and issue sizes mentioned above are based on the information provided and should be independently verified through official sources before making any investment decision.