IPO Calender: Brace Port, Interarch Lead 4 New Issues & 5 Listings Next Week in Thriving Primary Market

The primary market in India remains strong despite mixed signals from the secondary market. Next week, four companies are set to launch their Initial Public Offerings (IPOs), including two in the mainboard segment.

Orient Technologies and Interarch Building Products will be opening their IPOs for subscription next week. In the SME segment, Brace Port Logistics and Forcas Studio will also be launching their IPOs.

In addition to these new issues, five companies, including Saraswati Saree Depot, which saw strong investor interest this week, will be listing on the stock exchange.

The positive trend in the IPO market is expected to continue, with 25 more companies already approved by SEBI planning to raise around ₹22,000 crore in the coming weeks.

“India’s IPO market is thriving even in the face of global economic uncertainty and geopolitical tensions. However, sustaining this momentum will depend on several factors, including economic growth, regulatory changes, and global market conditions,” said Pantomath Capital Advisors.

Upcoming IPOs: What to Watch

Interarch Building Products IPO

Interarch Building Products, a company specializing in steel construction solutions, has set a price band of ₹850-900 for its upcoming ₹1,186 crore IPO. The IPO will open on August 19 and close on August 21. The offer includes a fresh issue of shares worth ₹200 crore and an Offer for Sale (OFS) of up to 44.48 lakh shares. At the upper price band, the OFS would be valued at about ₹400.28 crore.

Under the OFS, key stakeholders including Arvind Nanda and OIH Mauritius Limited will sell part of their stakes. Interarch, established in 1983, has grown into a comprehensive provider of Pre-Engineered Building (PEB) solutions, offering end-to-end services from design to on-site project management. Ambit and Axis Capital are the lead managers for this IPO, with Link Intime India serving as the registrar.

Orient Technologies IPO

Orient Technologies, an IT solutions provider, has announced a price band of ₹195-206 for its IPO, which will open on August 21 and close on August 23. The company aims to raise ₹215 crore through the IPO, which includes a fresh equity sale of ₹120 crore and an OFS of 46 lakh shares.

Promoters like Ajay Baliram Sawant and Umesh Navnital Shah will be selling part of their stakes through the OFS. Orient Technologies has developed a strong reputation in IT infrastructure, IT-enabled services (IteS), and cloud and data management. Elara Capital is the sole book-running lead manager for the IPO, with Link Intime India as the registrar.

SME Segment

In the SME segment, Forcas Studio and Brace Port Logistics will open their IPOs for subscription on August 19, closing on August 21. Forcas Studio has priced its issue at ₹77-80 per share, while Brace Port has set a price band of ₹76-80 per share.