IPO frenzy returns!

Feb 22, 2026, 11:15:44 AM IST

Primary markets are set for one of the busiest weeks of 2026 with nine IPOs, spanning mainboard and SME platforms, opening for subscription. Grey market trends indicate potential listing gains of up to 36%, though premiums remain selective and largely concentrated in a few SME names. Here is a snapshot of what investors are tracking.

ETMarkets.com

The Rs 583 crore issue is commanding a GMP of Rs 15, implying a 6.61% premium over the upper price band of Rs 227, signalling steady listing expectations.

ETMarkets.com

The Rs 380 crore IPO carries a GMP of Rs 17, suggesting a 4.4% upside over the upper band of Rs 386, reflecting moderate demand in the jewellery segment.

ETMarkets.com

The Rs 3,100 crore renewable energy IPO shows a muted GMP of Rs 4, or 0.38%, indicating expectations of a largely flat listing despite strong institutional participation.

Agencies

With a price band topping at Rs 104, the GMP of Rs 5 implies a 4.81% premium, pointing to measured optimism in the textiles space.

ETMarkets.com

This SME issue stands out with a GMP of Rs 17, translating into a sharp 37% premium over the upper band of Rs 46, making it the most closely watched for listing pop.

ANI

The IPO is currently showing no grey market premium, suggesting flat listing expectations at the upper price of Rs 72.

ETMarkets.com

With no active GMP at present, the Rs 76.05 crore issue appears to be priced conservatively, and listing performance will hinge on subscription strength

ANI

The issue is yet to reflect any grey market premium, signalling neutral sentiment at this stage despite technology-focused positioning.

ANI

The IPO is trading at par in the grey market, indicating no immediate speculative momentum ahead of listing.

ETMarkets.com