IPO Market: 13 Public Issues Including Bajaj Housing Finance, Tolins Tyres Set to Ignite Next Week – Full List Inside

The primary market is set to have a busy week, with 13 new initial public offerings (IPOs) scheduled to open and 8 new listings expected next week.

The Indian primary market has seen strong activity recently, with many public offerings attracting high demand from investors.

According to Pantomath Capital Advisors, a mid-market investment bank, this strong interest in IPOs and the high number of subscriptions show growing confidence among investors in the Indian IPO market. They noted that August saw the highest IPO fundraising in 27 months, with 10 companies raising around ₹17,047 crore. This makes it the busiest period for IPOs since May 2022.

Pantomath Capital also predicted that the positive trend will continue, with Indian companies likely to raise over ₹1.50 lakh crore through IPOs in the next 12 months, signaling continued strong activity and investor interest.

Here is a list of IPOs that will open for subscription next week:

Bajaj Housing Finance IPO

The Bajaj Housing Finance IPO will be open for subscription from September 9 to September 11. The company plans to raise ₹6,560 crore through this book-built issue. This includes a fresh issue of 50.86 crore shares worth ₹3,560 crore and an offer for sale of 42.86 crore shares totaling ₹3,000 crore.
The price range for the shares is set between ₹66 and ₹70 per share. The lead managers for the IPO include Kotak Mahindra Capital, Bofa Securities India, Axis Capital, Goldman Sachs India, SBI Capital Markets, JM Financial, and IIFL Securities. The registrar for the issue is Kfin Technologies Limited.

Tolins Tyres IPO

The Tolins Tyres IPO will also be open for subscription from September 9 to September 11. This IPO aims to raise ₹230 crore, which includes a fresh issue of 0.88 crore shares worth ₹200 crore and an offer for sale of 0.13 crore shares worth ₹30 crore.
The price range for Tolins Tyres’ IPO is set between ₹215 and ₹226 per share. Saffron Capital Advisors is managing the offering, and Cameo Corporate Services is the registrar for the IPO.