IPO Market Roundup - Week of July 20, 2026
By Automated data summary · Niva Market Watch · Published
This roundup is generated automatically from Niva Market Watch's IPO database. Figures reflect our records at the time of publication; each IPO page has the latest data.
This week saw 3 new IPOs open for subscription: Alpine Texworld Limited IPO, SBI Funds Management Limited IPO, Caliber Mining and Logistics Limited IPO.
Subscription closed for Alpine Texworld Limited IPO, SBI Funds Management Limited IPO this week.
3 IPOs listed this week: Kusumgar Limited IPO (GMP at listing: ₹157), Happy Steels Limited IPO (GMP at listing: ₹10), Laser Power & Infra Limited IPO (GMP at listing: ₹40).
Top Grey Market Premium right now: Caliber Mining and Logistics Limited IPO at ₹115.
Average subscription across IPOs that closed this week: 249.35x.
Looking ahead: Metalic Technoforge Limited IPO (opens Jul 21).
GMP figures reflect an unofficial, unregulated grey market and may change. This is not investment advice — see our Terms of Service for details.
IPOs mentioned
| IPO | Exchange | Price | Closes | Listing |
|---|---|---|---|---|
| Kusumgar Limited IPO | NSE | ₹398–₹419 | 10 Jul 2026 | 15 Jul 2026 |
| Happy Steels Limited IPO | NSE | ₹62–₹66 | 13 Jul 2026 | 16 Jul 2026 |
| Laser Power & Infra Limited IPO | NSE | ₹203–₹214 | 13 Jul 2026 | 16 Jul 2026 |
| Alpine Texworld Limited IPO | NSE | ₹100–₹105 | 16 Jul 2026 | 21 Jul 2026 |
| SBI Funds Management Limited IPO | NSE | ₹545–₹574 | 16 Jul 2026 | 21 Jul 2026 |
| Caliber Mining and Logistics Limited IPO | NSE | ₹402–₹424 | 21 Jul 2026 | 24 Jul 2026 |
| Metalic Technoforge Limited IPO | NSE | ₹72–₹77 | 23 Jul 2026 | 28 Jul 2026 |
Background reading
How IPO Subscription Works (and How to Read the Numbers)
What subscription multiples like 3.2× or 150× mean, how they are calculated per category, how anchor investors fit in, and what the numbers do not tell you.
Grey market premiumWhat Is IPO GMP (Grey Market Premium)?
What IPO grey market premium means, how GMP, kostak and subject-to-sauda rates are quoted, and why GMP is unofficial and unregulated.
Allotment, refunds & listingHow IPO Allotment Works in India
How the registrar decides the basis of allotment, why oversubscribed retail and NII categories use a lottery, and what does and does not change your chances.
News and roundups are for information only and are not investment advice. See our disclaimer and corrections policy.