As the Indian stock market experiences heightened volatility, the primary market continues to see a lull, with no new initial public offerings (IPOs) set to launch in the mainboard segment for the fourth week in a row. However, investors can look forward to two new opportunities in the small and medium enterprises (SME) sector, alongside the anticipated listing of NAPS Global India Limited.

Diminished Activity in the Primary Market

The lack of activity in the mainboard IPO segment has raised concerns among investors. Despite this, the SME sector is making strides, presenting investors with fresh options. According to industry expert Mahavir Lunawat, Group Founder and Managing Director of Pantomath Financial Services Group, the IPO landscape has flourished in FY2025, with fundraising reaching an impressive ₹1,53,987 crores. He noted that the number of retail investors surged from 4.9 crores in FY20 to a remarkable 13.2 crores by the end of December 2024.

Upcoming IPOs to Watch This Week

Investors eager to participate in upcoming IPOs should take note of the following opportunities:

• PDP Shipping IPO

  • Opening Date: March 10
  • Closing Date: March 12
  • Size: ₹12.65 crore, comprising 9.37 lakh shares
  • Price Band: Fixed at ₹135 per share
  • Lead Manager: Sun Capital Advisory Services (P) Ltd
  • Registrar: Kfin Technologies Limited
  • Market Maker: Rikhav Securities Limited
• Super Iron Foundry IPO
  • Opening Date: March 11
  • Closing Date: March 13
  • Size: ₹68.05 crore, with 63.01 lakh shares
  • Price Band: Set at ₹108 per share
  • Lead Manager: Horizon Management Private Limited
  • Registrar: Link Intime India Private Ltd
  • Market Maker: Giriraj Stock Broking Private Limited

Key Upcoming Listings

In addition to these new offerings, the NAPS Global India IPO is set to make waves. The allotment for this IPO was confirmed on March 7, and it is expected to list on the BSE SME platform with a tentative listing date of March 11.

Conclusion

While the mainboard segment remains inactive, the upcoming SME IPOs present a silver lining for investors eager for fresh opportunities. With a significant uptick in fundraising and investor interest, the Indian IPO market is poised for a dynamic evolution. Stay tuned for further updates and insights into the marketplace!