The domestic primary market is set to be very busy next week as many companies will float their initial public offerings (IPOs). Manipal Payments, Rentomojo, Veegaland Developers, and Asset Reconstructionare among them. The companies have finalised a price band for their maiden share sale. Together, they aim to raise over Rs 3,003 crore through IPOs.
Below are the price band, issue size, listing date and other details of the IPOs opening next week (September 7-12)
IPOs Opening Next Week
1-Rentomojo IPO
Rentomojo's initial share sale will open for public subscription on September 9, 2026. The Rs 1,256 crore IPO will close on Sep 11, 2026. The company, which provides rental services for home appliances, has a fixed price band of Rs 384-404.
Metric | Details |
|---|---|
Company Name | Rentomojo Ltd |
Price Band | Rs 384-404 per share |
Total Issue Size | Rs 1,256 crore |
Subscription Open | September 9 |
Subscription Close | September 11 |
Anchor Bidding Date | September 8 |
Market Capitalisation (Upper End) | Rs 4,206 crore |
Fresh Issue | up to Rs 150 crore |
Offer For Sale (OFS) | up to Rs 1,106 crore |
2-Manipal Payment IPO
Manipal Payment and Identity Solutions Ltd fixed price band of Rs 322-339 per equity share for its Rs 805-crore IPO. The share sale will open for public subscription on September 9.
Metric | Details |
|---|---|
Price Band | Rs 322-339 per share |
Total Issue Size | Rs 805 crore |
Fresh Issue | Rs 320 crore |
Offer for Sale (OFS) | up to 1.43 crore equity shares (Rs 485 crore) |
Subscription Open Date | September 9 |
Subscription Close Date | September 11 |
Anchor Bidding Date | September 8 |
Post-issue Implied Market Capitalisation | around Rs 7,858 crore |
3-Veegaland Developers IPO
Veegaland Developers' share sale is a book-built issue of Rs 210.00 crore. The IPO will open for subscription on Sep 10, 2026 and close on Sep 15, 2026. The price band for the IPO was set at Rs 130- 140 per share.
Detail | Information |
|---|---|
IPO Name | Veegaland Developers |
IPO Type | Book build issue |
Total Issue Size | ₹210.00 crores (1.50 crore shares) |
Subscription Dates | Sep 10, 2026 - Sep 15, 2026 |
Allotment Date | Sep 16, 2026 |
Listing Date | Sep 18, 2026 |
Price Band | ₹130 - ₹140 per share |
Lot Size | 107 shares |
Minimum Investment | ₹14,980 (based on upper price) |
4-Asset Reconstruction IPO
The Rs 732.97 crore IPO of Asset Reconstruction is entirely an offer for sale of 5.27 crore shares. The price band for the IPO was fixed at Rs 132 to Rs 139 per share.
Issue Size | ₹732.97 crores (5.27 crore shares) |
Issue Type | Book-built issue (Offer for sale) |
Detail | Information |
Subscription Dates | Sep 9, 2026 – Sep 11, 2026 |
Allotment Date | Sep 15, 2026 |
Listing Date | Sep 17, 2026 |
Price Band | ₹132 to ₹139 per share |
Lot Size | 107 shares |
Minimum Investment Amount | ₹14,873 (Retail) |