12 IPOs Worth ₹15,800 Crore to Hit Dalal Street Next Week; 8 Stocks Set for Listing

The upcoming week promises high activity in the Indian primary market, with 12 companies preparing to launch their Initial Public Offerings (IPOs), collectively aiming to raise around ₹15,800 crore. This includes five mainboard IPOs, marking a significant surge in primary market action.

HDB Financial Leads with ₹12,500 Crore Issue

At the forefront is HDFC Bank’s subsidiary, HDB Financial Services, which is launching the year’s largest IPO, worth ₹12,500 crore. The HDB IPO will open for subscription on June 25 and close on June 27, with a price band set at ₹700-₹740 per share.

Mainboard IPOs Opening Next Week

Starting June 24, three mainboard IPOs will open on the same day:

• Kalpataru Ltd (real estate developer): ₹1,590 crore; price band ₹387–₹414
• Ellenbarrie Industrial Gases: ₹852.53 crore; price band ₹380–₹400
• Globe Civil Projects (EPC firm): ₹119 crore; price band ₹67–₹71

All three will close on June 26.

Also launching on June 25:

• Sambhv Steel Tubes: price band ₹77–₹82 per share.

SME IPO Momentum Continues

Seven IPOs in the SME segment will also open during the week:

• AJC Jewel Manufacturers: ₹14.59 crore; opens June 23–26, price band ₹90–₹95
• Shri Hare-Krishna Sponge Iron, Icon Facilitators, and Abram Food: total ₹61.35 crore; open June 24–26
• Suntech Infra Solutions: ₹42.16 crore; opens June 25
• Ace Alpha Tech: ₹47.15 crore; opens June 26
• PRO FX Tech: ₹38.21 crore; opens June 26.

Additionally, Safe Enterprises Retail Fixtures, Mayasheel Ventures, and Aakaar Medical Technologies—all currently open for subscription—will remain open until June 24.

8 Listings Scheduled

Eight companies are lined up to make their market debut next week:

• Arisinfra Solutions (Mainboard): Listing on June 23
• SME listings on NSE Emerge:
  • Samay Project Services and Patil Automation on June 23
  • Eppeltone Engineers on June 24
  • Influx Healthtech on June 25
  • Mayasheel Ventures, Safe Enterprises Retail Fixtures, and Aakaar Medical Technologies on June 27.

Market Outlook

The primary market is witnessing heightened activity with 12 IPOs lined up in a single week. This uptick reflects the current momentum in the capital markets, supported by recent filings and regulatory clearances. Market conditions remain conducive for public issues, as evidenced by the volume and diversity of offerings across both mainboard and SME segments.

The surge signals robust investor appetite and could set the tone for a vibrant first half of FY26.

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