16 IPOs on investors' radar next week. GMPs signal up to 38% returns

2 hours ago 2

Sep 06, 2026, 03:48:59 PM IST

IPO Frenzy

India's IPO market is set for another crowded week, with 16 issues opening for subscription across the mainboard and SME segments. The lineup is led by Rentomojo, Kanohar Electricals, Karamtara Engineering, Manipal Payment and Identity Solutions among others. GMP trends suggest selective but healthy appetite.

ETMarkets.com

Pranav Constructions

Pranav Constructions opens on 7 September with a Rs 351 crore issue. Its GMP of 35% signals strong early interest in the Mumbai redevelopment-focused real estate company.

Agencies

Apana Logistics

Apana Logistics opens on 7 September with a Rs 34 crore SME issue. The GMP is around 5%, suggesting muted but positive listing expectations.

ANI

Glass Wall Systems

Glass Wall Systems opens on 8 September with a Rs 428 crore issue. Its GMP of 23% points to healthy demand for the facade and fenestration solutions company.

Agencies

Prasol Chemicals

Prasol Chemicals opens on 8 September with a Rs 500 crore issue. The stock is commanding a GMP of about 18%, showing moderate grey market interest.

Agencies

Kanohar Electricals

Kanohar Electricals opens on 8 September with a Rs 1,056 crore issue. Its GMP of 32% makes it one of the stronger names on next week's IPO radar.

Agencies

Karamtara Engineering

7/17

Karamtara Engineering

Karamtara Engineering opens on 9 September with a Rs 875 crore issue. The renewable energy and transmission products maker is seeing a GMP of around 22%.

Agencies

Rentomojo

Rentomojo opens on 9 September with a Rs 1,256 crore issue. Its GMP of 38% is the highest among next week's IPOs, signalling strong listing expectations.

Agencies

Manipal Payment and Identity Solutions

9/17

Manipal Payment and Identity Solutions

Manipal Payment opens on 9 September with a Rs 805 crore issue. Its GMP of about 7% suggests modest listing expectations.

Agencies

Asset Reconstruction Company

10/17

Asset Reconstruction Company

Asset Reconstruction Company opens on 9 September with a Rs 733 crore issue. The IPO has no meaningful GMP yet, keeping investor focus on subscription demand.

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LCC Projects

LCC Projects opens on 9 September with a Rs 427 crore issue. Its GMP of 17% indicates decent early demand.

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Steamhouse India

Steamhouse India opens on 9 September with a Rs 414 crore issue. The IPO has no active GMP yet, making subscription numbers important.

ETMarkets.com

Amtech Esters

Amtech Esters opens on 9 September with a Rs 18 crore SME issue. Its GMP of nearly 7% points to limited but positive interest.

Agencies

Vinod Texworld

Vinod Texworld opens on 9 September with a Rs 43 crore SME issue. Its GMP of about 4% suggests a soft listing signal.

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Infrax Renewable

Infrax Renewable opens on 9 September with a Rs 41 crore SME issue. The IPO has no visible GMP, despite renewable energy being an active market theme.

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Veegaland Developers

16/17

Veegaland Developers

Veegaland Developers opens on 10 September with a Rs 210 crore issue. Its GMP of 21% shows good demand for the real estate IPO.

Agencies

Manika Plastech

Manika Plastech opens on 11 September. The GMP is not available yet, so investors will watch the price band, issue size and early bidding trend.

Agencies

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