IPO Boom: 7 New Issues and 13 Major Listings, Including Bajaj Housing Finance, Set to Fuel Investor Confidence Next Week

India’s primary market for raising funds continues to be one of the strongest in the world, with 7 new IPOs set to launch next week. This includes 2 in the mainboard segment and 5 in the SME segment.

In addition to these upcoming IPOs, 13 companies will make their market debut, including the much-anticipated listing of Bajaj Housing Finance.

Experts believe this high level of activity reflects strong investor confidence, showing that India’s economy is doing well and offering a healthy environment for raising capital.

Pantomath Capital Advisors stated, “The outlook for India’s IPO market looks positive. Domestic companies are expected to raise over ₹1.50 lakh crore through IPOs in the next 12 months, highlighting strong investor interest.”

Here’s a Look at Next Week’s IPOs

Arkade Developers IPO

The IPO of Mumbai-based Arkade Developers will open on September 16 and close on September 18. The issue is a fresh equity sale worth ₹410 crore, with a price range of ₹121-128 per share.

Of the total offer, 50% is reserved for institutional buyers, 35% for retail investors, and 15% for non-institutional investors. The company plans to use the funds for ongoing and upcoming projects, future real estate acquisitions, and general corporate purposes.

Arkade Developers is known for developing premium lifestyle residential properties, primarily in Mumbai.

Northern Arc Capital IPO

Northern Arc Capital, a financial services company, will launch its ₹777 crore IPO on September 16, closing on September 19. The IPO includes a fresh issue of equity shares worth ₹500 crore, along with an offer for sale of 10.53 million shares by existing investors, including LeapFrog Financial, Accion Africa-Asia, and others.

The proceeds will be used to meet capital requirements for future lending. Northern Arc Capital focuses on providing credit to underserved households and businesses, with expertise in areas such as MSME financing, vehicle finance, and affordable housing.

Upcoming SME IPOs

Next week, five IPOs from the SME segment will also open for subscription. These include:

• Pelatro Ltd (₹56 crore IPO) starting September 16
• Osel Devices (₹70.66 crore IPO) also launching on September 16
• Paramount Speciality Forgings (September 17)
• BikeWo GreenTech (September 18)
• SD Retail (₹65 crore IPO) starting September 20

These public offers reflect the diversity of sectors entering the stock market, from technology and retail to manufacturing.

Overall, next week’s IPO activity will be a busy one, providing investors with several new opportunities.