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Recent IPO Activity and Market Volatility

Sunday, May 10, 2026
5 min read
Recent IPO Activity and Market Volatility

Not much change there. The secondary market, though? That’s been a total rollercoaster . Volatility everywhere.

We’ve got four new Initial Public Offerings kicking off this week. Subscription starts March 9th. Four other companies are also set to hit the exchanges.

These IPOs are split up. Three are from the mainboard segment. One from the SME side.

Take Rajputana Stainless . They’re the first mainboard IPO opening this week. A Rs 255-crore deal. Opened for subscription March 9th. Closes March 11th.

They set the price band at Rs 116 to 122 a share. Fresh issue is 1.46 crore shares, worth Rs 178.7 crore. Plus an offer for sale, OFS, 62.5 lakh shares, bringing in Rs 76.25 crore for existing folks.

Then there’s Innovision . Manpower services and toll plaza management solutions. They launch their Rs 323-crore maiden issue on March 10th. It stays open until March 12th.

Price band for them is Rs 521 to 548 per share. Fresh shares worth Rs 255 crore. And an OFS of 12.38 lakh shares, valued at Rs 67.84 crore from current shareholders.

Infrastructure investment trust Raajmarg is doing the heavy lifting. They’re launching the biggest thing this week. A Rs 6,000-crore IPO. Subscription opens March 11th. Closes March 13th.

The price band? They pegged it at Rs 99 to 100 per unit.

Down in the SME segment, Apsis Aerocom , precision engineering components maker, opened their IPO on March 11th. It’s a Rs 35.77-crore deal. It closes March 13th. They set the price band at Rs 104 to 110 per share. Cater to aerospace, defense, healthcare.

Meanwhile, we saw a couple of SME closings recently. Elfin Agro India finished theirs on March 9th. Srinibas Pradhan Constructions closed on the 10th. Both got subscribed 1.02 times and 8 percent, so far. Not a huge rush yet.

Looking ahead to the listing front, four more companies are scheduled to debut next week.

Sedemac Mechatronics , mainboard side. Listing on March 11th. Their IPO was a hefty Rs 1,087-crore. Last week, it got subscribed 2.68 times. Market watchers are saying their shares are trading at a moderate premium in the grey market right now.

For the SME debuts: Acetech E-Commerce is set to hit the NSE Emerge platform on March 9th. Elfin Agro India will list on the BSE SME platform on March 12th. And Srinibas Pradhan Constructions is slated for NSE Emerge on March 13th.

It’s all happening fast. A lot of movement, even when the big headlines are elsewhere. Just keep watching the details.

Written by Gree News Team — Senior Editorial Board

Gree News Team covers international news and global affairs at Gree News. Our collective of senior editors is dedicated to providing independent, accurate, and responsible journalism for a global audience.

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