Upcoming IPOs This Week: No Mainboard IPO Scheduled, 4 New SME IPO and 5 New Listings

For the week starting March 24, 2025, the mainboard segment of the primary market will remain inactive as no new Initial Public Offerings (IPOs) will open for subscription. However, the SME segment will see the opening of 4 new public issues.

Apart from these new issues, the Indian market will also witness the listing of 5 new IPOs next week. Here’s a list of upcoming IPOs opening for subscription next week:

Desco Infratech IPO

The Desco Infratech IPO opens for subscription on March 24 and closes on March 26. This SME IPO is a book-built issue worth ₹30.75 crore, consisting entirely of a fresh issue of 20.50 lakh shares. The price band is set at ₹147 to ₹150 per share. Smart Horizon Capital Advisors Private Limited is the book-running lead manager, while Bigshare Services Pvt Ltd is the registrar for the issue.

Shri Ahimsa Naturals IPO

The Shri Ahimsa Naturals IPO opens for subscription on March 25 and closes on March 27. This SME IPO is a book-built issue valued at ₹73.81 crore, with a combination of a fresh issue of 42.04 lakh shares worth ₹50.02 crore and an offer for sale of 19.99 lakh shares worth ₹23.79 crore. The price band is ₹113 to ₹119 per share. Srujan Alpha Capital Advisors Llp is the book-running lead manager, and Cameo Corporate Services Limited is the registrar for the issue.

ATC Energies IPO

The ATC Energies IPO opens for subscription on March 25 and closes on March 27. This SME IPO is a book-built issue worth ₹63.76 crore, with a combination of a fresh issue of 43.24 lakh shares worth ₹51.02 crore and an offer for sale of 10.80 lakh shares worth ₹12.74 crore. The price band is set at ₹112 to ₹118 per share. Indorient Financial Services Ltd is the book-running lead manager, while Kfin Technologies Limited is the registrar.

Identixweb IPO

The Identixweb IPO opens for subscription on March 26 and closes on March 28. This SME IPO is a book-built issue of ₹16.63 crore, consisting entirely of a fresh issue of 30.80 lakh shares. The price band is ₹51 to ₹54 per share. Beeline Capital Advisors Pvt Ltd is the book-running lead manager, while Skyline Financial Services Private Ltd is the registrar.

Upcoming IPO Listings

• Paradeep Parivahan IPO: The allotment for Paradeep Parivahan IPO was finalised on March 20, and the IPO will be listed on BSE SME on March 24.
• Divine Hira Jewellers IPO: The Divine Hira Jewellers IPO allotment was finalised on March 20, and the IPO will be listed on NSE SME on March 24.
• Grand Continent Hotels IPO: The allotment is expected to be finalised on March 25, and the IPO is set to list on NSE SME on March 27.
• Rapid Fleet IPO: The allotment is expected to be finalised on March 26, and the IPO is set to list on NSE SME on March 28.
• Active Infrastructures IPO: The allotment is expected to be finalised on March 26, and the IPO is set to list on NSE SME on March 28.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.