Six IPOs Worth Over ₹10,700 Crore to Hit Dalal Street This Week

Mumbai, November 3: India’s IPO market is heading towards a busy week as six IPOs worth ₹10,700 crore will open for subscription this week. The IPOs include 2 mainboard IPOs and 4 SME IPOs.

Mainboard IPOs: Groww IPO and Pine Labs IPO Lead the Way

Groww IPO

The ₹6,632.30 crore Groww IPO is a combination of fresh issue of 10.60 crore shares aggregating to ₹1,060.00 crore, and an offer for sale of 55.72 crore shares aggregating to ₹5,572.30 crore. Groww IPO opens on November 4, and will close on November 7. Groww IPO price band is set between ₹95 to ₹100 per share.

The lot size is 150 shares per application, with a minimum investment amount by a retail investor at ₹15,000 (150 shares) at the upper price band. Kotak Mahindra Capital Co.Ltd is the book-running lead manager, while MUFG Intime India Pvt.Ltd is the registrar of the issue. Groww IPO share allotment is expected on November 10, while the company will credit the shares and initiate refunds on November 12. The shares of the company are expected to be listed on NSE and BSE on November 12.

Pine Labs IPO

The ₹3,899.91 crore Pine Labs IPO is a combination of a fresh issue of 9.41 crore shares aggregating to ₹2,080.00 crore and an offer for sale of 8.23 crore shares aggregating to ₹1,819.91 crore. The lot size is 67 shares per application. The minimum amount required by a retail investor is ₹14,807 (67 shares) (based on the upper price).

Axis Capital Ltd. is the book-running lead manager, while Kfin Technologies Ltd. is the registrar of the issue. The Pine Labs IPO opens on November 7 and will close on November 11. The Pine Labs IPO share allotment is expected on November 12. The company will credit the shares and initiate refunds on November 13. The shares of the company are expected to list on NSE and BSE on November 14.

SME Offerings Will Also Join the IPO Action

Among SME IPOs, four companies will open their IPOs for subscription:

Shreeji Global FMCG IPO

Shreeji Global FMCG Limited, will open its ₹85-crore initial public offering (IPO) on November 4, 2025, which will close on November 7, 2025. The shares will be tentatively listed on NSE Emerge platform on November 12, 2025. The Shreeji Global IPO price band is ₹120–₹125 per equity share with a lot size of 1,000 shares, meaning a minimum retail lot value of ₹1,25,000.

Finbud Financial Services IPO

Finbud Financial IPO opens on November 6, 2025. The ₹71.68 crore Finbud Financial Services IPO is a fresh issue of 0.50 crore shares, with no offer for sale element. The IPO opens on November 6, and will close on November 10. Finbud Financial Services IPO price band is at ₹140 to 142 per share. The lot size is 1,000 shares per application, with a minimum investment by a retail investor at ₹2,84,000 (2,000 shares), at the upper price band.

Curis Lifesciences IPO

Curis Lifesciences IPO opens on November 7, 2025 and will close on November 11. The ₹27.52 crore Curis Lifesciences IPO is a fresh issue of 0.22 crore shares, with no offer for sale element. Curis Lifesciences IPO price band is at ₹120 to ₹128 per share. The lot size is 1,000 shares per application, with a minimum investment by a retail investor at ₹2,56,000 (2,000 shares), at the upper price band.

Shining Tools IPO

Shining Tools IPO opens on November 7, 2025 and will close on November 11. The ₹17.10 crore Shining Tools IPO is a fresh issue of 0.15 crore shares, with no offer for sale element. Shining Tools IPO price is at ₹114 per share. The lot size is 1,200 shares per application, with a minimum investment by a retail investor at ₹2,73,600 (2,400 shares), at the upper price band.

What’s Ahead for the IPO Week?

This week will see four IPOs which will open for subscription. Retail investors can analyse the IPO issues and select which IPO issue they want to apply to. This week is one of the most active weeks in India’s IPO calendar, providing investors with multiple issues to apply and potential earn profits at the time of listing.

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