New Delhi, 22 March (H.S.):

Seven companies are set to launch fresh initial public offerings (IPOs) in the primary market over the business week starting Monday, 23 March 2026. Among these, three are mainboard IPOs, while four will hit the SME segment. In addition to the new IPOs, investor bidding will remain open till 24 March for two IPOs that opened earlier last week.

As for listings, four companies are scheduled to debut on the stock exchanges this week, of which three will be on the mainboard and one on the BSE SME platform.

IPOs kicking off on 23 March

The first trading day of the week, 23 March, will see the offer for Tipco Engineering go live. The company’s IPO is worth ₹60.55 crore, with bids accepted from 23 March up to 25 March. The issue’s price band has been fixed between ₹84 and ₹89 per share, and the lot size is set at 1,600 shares.

After closure, the company’s shares are expected to list on the BSE SME platform on 1 April.

Three mainboard launches on 24 March

On the next trading day, 24 March, three mainboard IPOs will open for subscription.

Sai Parenterals’ ₹408.79 crore IPO will be open for bids from 24 March till 27 March. The price band is set at ₹372–392 per share, with a lot size of 38 shares. Listing for the company’s shares is expected

on 2 April on both BSE and NSE.

In the same opening window, Amir Chand Jagdish Kumar will launch its ₹440 crore IPO, also open from 24 to 27 March. The price band is ₹201–212 per share with a lot size of 70 shares. The company’s shares are slated for listing on both exchanges on 2 April.

Powerica Limited will also enter the fray with an IPO size of ₹1,100 crore, receipt of bids from 24 March to 27 March. The price band is ₹375–395 per share and the lot size is 37 shares.

Powerica’s listing is also pencilled in for 2 April on BSE and NSE.

SME issues landing on 24 and 25 March

On 24 March, Highness Microelectronics will open its ₹21.67 crore SME IPO, with the subscription window running till 27 March.

The price band is ₹114–112 per share and the lot size is set at 1,200 shares. The company’s shares are anticipated to list on the BSE SME platform on 2 April.

The next trading day, 25 March, will see Vivid Electromech launch its ₹130.54 crore SME IPO, open for bids till 30 March. The price band is ₹528–555 per share with a lot size of 240 shares. Vivid Electromech’s listing is expected on the NSE SME platform on 6 April.

Final IPO push on 27 March

On the last trading day of the week, 27 March, Ameek Technologies will open its IPO for subscription. The bidding window will remain open until 8 April, though the issue’s price band and lot size have not yet been disclosed. The company’s shares are slated to list on the BSE SME platform on 13 April, subject to regulatory clearances and market conditions.

IPOs still open from last week

Apart from the new launches, investors can still bid in two IPOs that opened earlier.

Speciality Medicines’ ₹29.14 crore SME IPO, which opened last week, will remain open for bids till 24 March. The price band is ₹117–124 per share, with a lot size of 1,000 shares.

The issue has already received subscriptions worth about 84 percent of the total. The company’s listing is expected on the BSE SME platform on 30 March.

Likewise, Central Mine Planning and Design Institute Limited (CMPDIL)’s ₹1,842.12 crore IPO, which opened on 20 March, will also accept bids till 24 March. The price band is ₹163–172 per share and the lot size is 80 shares. CMPDIL’s IPO has so far attracted only about 7 percent subscription.

Listing for its shares is scheduled for 30 March on BSE and NSE.

Four companies to list on exchanges this week

On the listing front, four companies will enter the secondary market this week.

Invision’s shares are expected to list on both BSE and NSE on the first trading day, 23 March.

On 24 March, GSP Crop Sciences and the Rajmarg Infrastructure Investment Trust will debut on BSE and NSE. Finally, on 25 March, Novus Loyalty’s shares are slated for listing on the BSE SME platform.

Market participants expect robust investor interest in the upcoming IPOs, especially the mainboard issues, given the current sentiment and the range of sectors involved.

Traders and investors are advised to carefully assess fundamentals, valuations, and subscription patterns before participating in any of these offers.

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Hindusthan Samachar / Jun Sarkar