India IPO Market: 4 Public Issues Worth Over ₹6,600 Crore Scheduled To Open Next Week

India’s primary market is preparing for an active week as four public issues Rajputana Stainless, Innovision, Raajmarg Infra Investment Trust InvIT, and Apsis Aerocom are scheduled to open for subscription between March 9, and March 11, 2026.

Together, these offerings represent a combined issue size of more than ₹6,600 crore, covering sectors such as infrastructure investment, manufacturing, technology services, and aerospace components. The companies will list across BSE, NSE, and the NSE SME platform, according to details available in their offer documents.

Rajputana Stainless IPO Opens March 9 With ₹254.98 Crore Issue

Rajputana Stainless Limited will open its ₹254.98 crore book-built IPO on 9 March 2026, with the subscription window set to close on March 11, 2026. The basis of allotment is expected to be finalised on March 12, while the shares are tentatively scheduled to list on BSE and NSE on March 16, 2026.

The public issue includes a fresh issue of 1.47 crore shares aggregating ₹178.73 crore, along with an offer for sale of 0.63 crore shares aggregating ₹76.25 crore by existing shareholders.

The company has fixed the price band at ₹116 to ₹122 per share, with a lot size of 110 shares. At the upper price band, the minimum investment required for a retail application stands at ₹13,420.

The issue is being managed by Nirbhay Capital Services Pvt Ltd as the book running lead manager, while Kfin Technologies Ltd has been appointed as the registrar to the issue.

Innovision IPO To Open March 10 With ₹322.84 Crore Offering

Innovision Limited is scheduled to launch its ₹322.84 crore IPO on 10 March 2026, and the issue will remain open for subscription until March 12, 2026. The allotment is expected to be completed on March 13, with a tentative listing date of March 17, 2026 on BSE and NSE.

The offering comprises a fresh issue of 0.47 crore shares aggregating ₹255 crore and an offer for sale of 0.12 crore shares aggregating ₹67.84 crore.

The company has set the price band at ₹521 to ₹548 per share, with a lot size of 27 shares. At the upper price band, the minimum investment required for retail investors is ₹14,796.

The IPO is being managed by Emkay Global Financial Services Ltd, while Kfin Technologies Ltd will act as the registrar.

Raajmarg Infra InvIT Issue To Raise ₹6,000 Crore From Investors

Raajmarg Infra Investment Trust InvIT is preparing to launch a ₹6,000 crore public issue, which will open for subscription on March 11, 2026 and close on 13 March 13, 2026.

Unlike traditional equity IPOs, the offering is structured as an Infrastructure Investment Trust (InvIT) and consists entirely of a fresh issue of 60 crore units.

The price band has been indicated at ₹99 to ₹100 per unit. The allotment is expected to be finalised on March 18, 2026, while the units are tentatively scheduled to list on BSE and NSE on March 24, 2026.

The issue is being managed by SBI Capital Markets Ltd, and Kfin Technologies Ltd has been appointed as the registrar.

What Is An InvIT?

An Infrastructure Investment Trust (InvIT) is an investment structure that allows investors to participate in revenue-generating infrastructure assets such as highways, transmission lines, and pipelines.

InvITs typically distribute a large portion of their operational cash flows to unit holders, subject to regulatory guidelines.

Apsis Aerocom SME IPO Opens March 11

Apsis Aerocom Limited will open its ₹35.77 crore IPO on March 11, 2026, with the subscription window closing on March 13, 2026. The allotment is expected to be finalised on March 16, and the shares are scheduled to list on the NSE SME platform on March 18, 2026.

The issue is entirely a fresh issue of 0.33 crore shares.

The company has fixed the price band at ₹104 to ₹110 per share, with a lot size of 1,200 shares. At the upper price band, the minimum retail investment stands at ₹264,000.

The IPO is being managed by Oneview Corporate Advisors Pvt Ltd, while Integrated Registry Management Services Pvt Ltd has been appointed as the registrar.

Primary Market Activity Remains Elevated

The upcoming week’s IPO pipeline reflects continued activity in India’s primary market. Companies from sectors including manufacturing, infrastructure investment, aerospace components, and technology services are tapping public markets to raise capital.

The mix of a large-ticket ₹6,000 crore InvIT issue alongside mid-sized and SME IPOs indicates the wide range of issuers currently approaching investors through the book-building route in the primary market.