IPO Market Roundup - Week of September 21, 2026
By Automated data summary · Niva Market Watch · Published · Updated 23 Sep 2026
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 8 new IPOs open for subscription: Hero Motors Limited IPO, Jindal Supreme (India) Limited IPO, Sonaselection India Limited IPO, SS Retail Limited IPO, National Stock Exchange of India Limited IPO, Kheria Autocomp Limited IPO, SpectraA Technology Solutions Limited IPO, Axiom Gas Engineering Limited IPO.
Subscription closed for Veegaland Developers Limited IPO, Manika Plastech Limited IPO, Hero Motors Limited IPO, Jindal Supreme (India) Limited IPO, Sonaselection India Limited IPO, SS Retail Limited IPO, National Stock Exchange of India Limited IPO, Kheria Autocomp Limited IPO, SpectraA Technology Solutions Limited IPO this week.
13 IPOs listed this week: Pranav Constructions Limited IPO (GMP at listing: ₹45), Kanohar Electricals Limited IPO (GMP at listing: ₹192), Glass Wall Systems (India) Limited IPO (GMP at listing: ₹41), Prasol Chemicals Limited IPO (GMP at listing: ₹-13), Rentomojo Limited IPO (GMP at listing: ₹86), LCC Projects Limited IPO (GMP at listing: ₹34), Manipal Payment and Identity Solutions Limited IPO (GMP at listing: ₹-8), Steamhouse India Limited IPO (GMP at listing: ₹13.5), Asset Reconstruction Company (India) Limited IPO (GMP at listing: ₹12), Karamtara Engineering Limited IPO (GMP at listing: ₹48), Vinod Texworld Limited IPO (GMP at listing: ₹1), Veegaland Developers Limited IPO (GMP at listing: ₹8.5), Manika Plastech Limited IPO (GMP at listing: ₹2).
Top Grey Market Premium right now: SpectraA Technology Solutions Limited IPO at ₹45, Varmora Granito Limited IPO at ₹15, Kheria Autocomp Limited IPO at ₹10, Sonaselection India Limited IPO at ₹2.
Average subscription across IPOs that closed this week: 39.6x.
Looking ahead: Varmora Granito Limited IPO (opens Sep 22), Pooja Logistics Limited IPO (opens Sep 23).
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 |
|---|---|---|---|---|
| Pranav Constructions Limited IPO | NSE | ₹118–₹124 | 9 Sep 2026 | 15 Sep 2026 |
| Kanohar Electricals Limited IPO | NSE | ₹601–₹632 | 10 Sep 2026 | 16 Sep 2026 |
| Glass Wall Systems (India) Limited IPO | NSE | ₹172–₹182 | 10 Sep 2026 | 16 Sep 2026 |
| Prasol Chemicals Limited IPO | NSE | ₹643–₹676 | 10 Sep 2026 | 16 Sep 2026 |
| Rentomojo Limited IPO | NSE | ₹384–₹404 | 11 Sep 2026 | 17 Sep 2026 |
| LCC Projects Limited IPO | NSE | ₹139–₹146 | 11 Sep 2026 | 17 Sep 2026 |
| Manipal Payment and Identity Solutions Limited IPO | NSE | ₹322–₹339 | 11 Sep 2026 | 17 Sep 2026 |
| Steamhouse India Limited IPO | NSE | ₹77–₹81 | 11 Sep 2026 | 17 Sep 2026 |
| Asset Reconstruction Company (India) Limited IPO | NSE | ₹132–₹139 | 11 Sep 2026 | 17 Sep 2026 |
| Karamtara Engineering Limited IPO | NSE | ₹241–₹254 | 11 Sep 2026 | 17 Sep 2026 |
| Vinod Texworld Limited IPO | NSE | — | 11 Sep 2026 | 17 Sep 2026 |
| Veegaland Developers Limited IPO | NSE | ₹130–₹140 | 15 Sep 2026 | 18 Sep 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.