India’s IPO market is set to pick up pace again next week, with several companies across sectors planning to raise over ₹953 crore through new public issues
After a brief lull due to global uncertainty, India’s primary market is showing renewed energy, with several companies preparing to launch their initial public offerings (IPOs) in the coming week. Improved geopolitical conditions, particularly in West Asia, have helped boost investor confidence, leading to a packed IPO calendar. From mainboard offerings to SME listings, investors will have numerous opportunities across industries such as jewelry, tourism, IT, and manufacturing.
Among special offerings, Advit Jewels will open its IPO on June 23 and close on June 25, with a price band of ₹130–₹138 per share. The company aims to raise ₹165.16 crore through a completely new issue. On the same dates, Waterways Leisure Tourism will also launch its IPO, with an issue size of ₹585 crore and a price tag between ₹769 and ₹808 per share. Another mainland player, CSM Technologies, will open for subscription from June 24 to June 27, targeting ₹145.78 crore and priced at ₹107–₹113 per share.
Waterways Leisure Tourism stands out among upcoming IPOs due to its unique business model in the cruise tourism segment. The company operates the Cordelia Cruises brand, whose flagship ship, the MV Empress, operates domestic routes to Mumbai, Goa, Kochi, Chennai, Lakshadweep, Visakhapatnam, and Puducherry, as well as select international voyages. As travel demand recovers post-pandemic, this segment is attracting investor interest for its growth potential.
In addition to mainboard issues, several small and medium enterprises are entering the market. Shridhar Spinners plans to raise ₹30.68 crore at a price band of ₹51–₹53 per share, while Zivial Industries will offer 13.59 lakh fresh shares between June 23 and June 25. Meanwhile, Dhanvel Hybrid Seeds will open its ₹26.73 crore IPO from June 24 to June 29, priced between ₹95 and ₹99 per share. These SME IPOs offer entry-level opportunities for small investors, although they often carry higher risks.
The market is also preparing for the listing of six companies, including Clay Craft, Deeksha Polymers, Leapfrog Engineering, Leotech Industries, Avions Biomedicals, and Riyasat Lifestyle. These listings will further fuel activity on the stock exchange and provide insight into investor sentiment for recent IPOs.
With a total expected to raise over ₹953.35 crore, the coming week is expected to be one of the most active periods for IPO investment in recent months. The presence of companies from different sectors allows investors to diversify their portfolios, but it is important to carefully evaluate fundamentals, pricing, and market conditions before making any investment decisions.
Disclaimer: All the information provided in this article is for educational purposes only. We are NOT a SEBI registered investment advisor. DateUpdateGo always advises seeking guidance from a certified financial advisor before making any investment-related decisions.
