Home / Business and Economy / Seven IPOs Launch This Week: Rs 6,400 Crore Up For Grabs
Seven IPOs Launch This Week: Rs 6,400 Crore Up For Grabs
16 Aug
Summary
- Seven companies plan to raise over Rs 6,400 crore via IPOs.
- Horizon Industrial Parks and Lalithaa Jewellery Mart lead the launches.
- IPO proceeds will fund expansion, capex, and debt repayment.
The Indian primary market anticipates another active week as seven companies prepare to launch their Initial Public Offerings (IPOs), collectively seeking to raise more than Rs 6,400 crore. This follows a busy period with five IPOs launched this week and three earlier this month.
Horizon Industrial Parks and Lalithaa Jewellery Mart are set to initiate their IPOs on August 17. Horizon Industrial Parks aims to raise Rs 2,600 crore through a fresh issue to repay borrowings. Lalithaa Jewellery Mart plans to raise Rs 1,700 crore, comprising a fresh issue and an offer for sale (OFS).
Further issuances include Shankesh Jewellers and Sunshine Pictures on August 18, Gaja Alternative Asset Management on August 19, Tempsens Instruments on August 20, and Augmont Enterprises on August 21. Proceeds from these IPOs will primarily support business expansion, capital expenditure, and debt reduction.
With these upcoming offers, the total number of companies launching IPOs in 2026 is projected to reach 55. Separately, Skyways Air Services is scheduled to launch its IPO on August 24, maintaining the primary market's momentum.
