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IPOs to Watch Next Week: India’s primary markets are gearing up for an active week ahead with several IPO listings and a fresh new issue. Investors will see notable debuts from the mainboard segments, reflecting steady primary market interest.
CleanMax’s Rs 3,100 crore IPO, comprising a fresh issue of Rs 1,200 crore and an OFS of Rs 1,900 crore, is slated to debut on stock exchanges on March 2, 2026.
The offer was priced down from an earlier Rs 5,200 crore plan, and overall subscription at the end of the bidding period stood at 94%.
Shree Ram Twistex’s book‑built issue of Rs 110.24 crore saw strong demand, with overall subscription closing at 43.62 times.
Entirely a fresh share issuance, the company’s IPO is also set to list on March 2 on both the BSE and NSE.
PNGS Reva Diamond Jewellery, which aimed to raise Rs 380 crore via a fresh issue of 0.98 crore shares, will debut on the bourses on March 4.
The IPO attracted moderate interest with final subscription at 1.23 times the issue size.
The Omnitech Engineering book‑built issue worth Rs 583 crore, including fresh and OFS components, saw overall subscription of 1.14 times at the close.
The allotment is expected on March 2, with the shares likely to list on March 5 on the bourses.
A new issue in the pipeline, SEDEMAC Mechatronics’ IPO sized at Rs 1,087.45 crore, will open for subscription on March 4 and close on March 6, 2026. This offer is entirely an offer‑for‑sale.
While fresh issue activity is somewhat muted compared with previous weeks, the coming days will be dominated by IPO listings, with several companies making their stock market debuts. The focus will remain on how these newly listed names perform in the secondary market following subscription trends.