Next week will be full of action in the IPO market, as investors can expect fresh IPO openings and some highly awaited listings. Next week, VMS TMT IPO and Euro Pratik Sales IPO will open for subscription, while Urban Company IPO, Shringar House of Mangalsutra IPO, and Dev Accelerator IPO will see allotments and listings.
Here is the list of all the mainline IPO activity one can see next week.
VMS TMT IPO Opening Next Week
The VMS TMT IPO will open for subscription on September 17th and will close on September 19th.This issue is worth Rs. 148.50 crore, comprising only a fresh issue. The company, incorporated in 2013, is engaged in the manufacturing of Thermo Mechanically Treated (TMT) bars, scrap, and binding wires. The VMS TMT IPO price band has been fixed between Rs. 94 and Rs. 99 per share, and the tentative listing date is September 24th on both BSE and NSE.
Euro Pratik Sales IPO Opening Next Week
The second new issue opening next week is the Euro Pratik Sales IPO, which will be available for subscription from September 16 to September 18th.
This IPO is worth Rs. 451.31 crore and is entirely an offer for sale (OFS) of 1.83 crore shares. The price band has been set at Rs. 235 to Rs. 247 per share. The Euro Pratik Sales IPO listing date is tentatively scheduled for September 23rd.
Urban Company IPO Listing and Allotment
The highly anticipated Urban Company IPO received a bumper response with an overall subscription of 108.98 times. It saw 41.49 times subscription in the retail category. The IPO, worth Rs. 1,900 crore, included a fresh issue of Rs. 472 crore and an OFS of Rs. 1,428 crore. The Urban Company IPO price band was fixed at Rs. 98 to Rs. 103 per share.
The IPO allotment date is September 15, 2025, and the shares will list on September 17, 2025. Based on the latest GMP of Rs. 56 as of September 13th, the expected listing price is around Rs. 159, which suggests a potential listing gain of 54.37%.
Shringar House of Mangalsutra IPO
Another strong performer was the Shringar House of Mangalsutra IPO, which was subscribed 60.31 times overall. The IPO size was Rs. 400.95 crore, fully a fresh issue of 2.43 crore shares. The price band was fixed between Rs. 155 and Rs. 165 per share.
The Shringar House of Mangalsutra IPO allotment date is September 15th, and the listing date is September 17th. With the latest GMP of Rs. 31, the expected listing price is Rs. 196, offering a possible 18.79% gain.
Dev Accelerator IPO
The Dev Accelerator IPO also saw overwhelming demand, with a subscription of 64 times overall. The issue size was Rs. 143.35 crore, fully a fresh issue of 2.35 crore shares. The Dev Accelerator IPO price band was fixed at Rs. 56 to Rs. 61 per share. The allotment date is September 15th, and the listing date is September 17th. Based on the latest GMP of Rs. 10, the estimated listing price is Rs. 71, which means an expected gain of 16.39%.