# From Construction To Fintech, 15 New Public Issues Line Up For Investors Starting September 7

> Fifteen mainboard and SME IPOs, from Pranav Constructions to Rentomojo, open for subscription between September 7 and September 16, with price bands ranging from Rs. 60 to Rs. 676 a share.

**Type:** article · **Category:** Market · **Published:** 2026-09-06 · **Source:** TrendKia
**Canonical:** https://trendkia.com/en/market/nirmana-se-lekara-pementa-teknoloji-taka-7-sitnbara-se-khulenge-15-nae-ipo-28581 · **Language:** English
**Tags:** IPO, Mainboard IPO, SME IPO, Rentomojo IPO, Price Band, Primary Market, September IPOs

India's primary market is heading into one of its busiest stretches of the year, with fifteen new public issues, a mix of mainboard and SME offerings, opening for subscription across the week of September 7. Companies from construction, logistics, electrical equipment, chemicals, renewable energy and payments and identity solutions are all lining up to raise capital, giving investors an unusually wide spread of sectors to choose from before they decide where to put their money.

The fifteen offerings are split between the mainboard segment, which lists larger, established companies, and the SME segment, which caters to smaller enterprises with lighter listing requirements. They are also priced in two different ways: a book-built issue gives investors a price band, such as Rs. 118 to Rs. 124, and lets the final price be discovered through bidding, while a fixed-price issue, like Apana Logistics at a flat Rs. 60 per share, has no band at all and simply asks investors to pay the stated price. Knowing which structure a given IPO follows matters for how investors should size their bids and how much certainty they have about the eventual listing price.

## The First Issues Open On September 7
Two IPOs kick off the week on September 7. The Pranav Constructions IPO is a mainboard offering that will stay open until September 9, with its price band fixed at Rs. 118 to Rs. 124 per share. Being among the very first issues to hit the market next week, it gives early investors a chance to jump into the primary market before the bulk of the week's offerings arrive. Alongside it, the Apana Logistics IPO also opens on September 7 and closes on September 9, but it is structured differently: this is an SME issue priced through the fixed-price route rather than a book-built band, with the issue price set at a flat Rs. 60 per share.

## Three More Mainboard Offerings Follow On September 8
The next day brings three fresh mainboard issues. The Glass Wall Systems India IPO opens on September 8, 2026 and closes on September 10, following the book-building process with a price band of Rs. 172 to Rs. 182 per share. The Prasol Chemicals IPO also opens on September 8 and runs until September 10, priced through book-building in a band of Rs. 643 to Rs. 676 per share, making it one of the costlier per-share issues of the week. Rounding out the day, the Kanohar Electricals IPO opens on September 8 and closes on September 10 as well, with its book-built price band set at Rs. 601 to Rs. 632 per share.

## A Crowded September 9 Brings Eight Issues At Once
September 9 is by far the busiest single opening date of the week, with eight separate issues launching together. The Vinod Texworld IPO is an SME, fixed-price offering that closes on September 11, priced at Rs. 94 per share. The Rentomojo IPO, a mainboard issue, also runs from September 9 to September 11 with a price band of Rs. 384 to Rs. 404 per share; it is the largest single offering of the week by value, with an issue size of around Rs. 1,255.57 crore. The Infrax Renewable IPO, an SME fixed-price issue, opens and closes on the same September 9 to September 11 window at a flat price of Rs. 104 per share.

Also opening on September 9 is the Karamtara Engineering IPO, a mainboard book-built issue closing on September 11 with a price band of Rs. 241 to Rs. 254 per share and an issue size of around Rs. 875 crore. The LCC Projects IPO follows the same September 9 to September 11, 2026 timeline, a mainboard book-building issue priced between Rs. 139 and Rs. 146 per share, with an issue size of approximately Rs. 427.14 crore, placing it among the more sizable mainboard offerings of the week. The Amtech Esters IPO, an SME book-built issue, also opens on September 9 and closes on September 11 with a price band of Rs. 71 to Rs. 75 per share.

Two more issues round out the September 9 cluster. The Steamhouse India IPO opens on September 9 and closes on September 11, though further pricing details for the issue were not available. The Manipal Payment & Identity Solutions IPO, a mainboard book-built offering, also opens on September 9 and closes on September 11 with a price band of Rs. 322 to Rs. 339 per share and an issue size of around Rs. 805 crore.

## Two Issues Stretch Beyond The Usual Window
Not every IPO follows the same three-day pattern. The Veegaland Developers IPO opens on September 10 but keeps its subscription window open until September 15, longer than most of the week's other issues. It is a mainboard book-built offering with a price band of Rs. 130 to Rs. 140 per share and an issue size of around Rs. 210 crore. The last issue on the calendar for the week, the Manika Plastech IPO, opens even later, on September 11, and stays open until September 16. It, too, is a mainboard book-built issue, with an issue size of Rs. 92.50 crore, though the price band for the offering had not been disclosed in the available data at the time of the announcement.

## A Wide Spread Of Sectors And Structures For Investors To Weigh
Taken together, the fifteen issues split roughly two-thirds mainboard and one-third SME, and they mix book-built price bands with flat, fixed-price offerings. Per-share prices range from as little as Rs. 60 for the Apana Logistics IPO to as much as Rs. 643 to Rs. 676 for the Prasol Chemicals IPO, while disclosed issue sizes range from around Rs. 210 crore for the Veegaland Developers IPO to roughly Rs. 1,255.57 crore for the Rentomojo IPO, the largest of the lot. With so many issues opening within days of each other, investors will need to track individual price bands, lot sizes and closing dates carefully before deciding which subscriptions to apply for.

## What this means for you
**Retail investors have a busy, cash-intensive fortnight ahead**, with 15 fresh IPOs opening between September 7 and September 16 and competing for the same investment funds.

- **Multiple applications need separate funds blocked:** Anyone applying to more than one of these issues will have money blocked through ASBA or UPI for each application separately. Check your bank mandate limits before September 7 so a lack of headroom doesn't cost you a subscription slot.
- **SME issues carry different risk than mainboard ones:** Four of the fifteen offerings, Apana Logistics, Vinod Texworld, Infrax Renewable and Amtech Esters, are SME issues that trade in a smaller, less liquid segment than the ten mainboard offerings. Read the lot size and minimum investment requirement for the SME counters before applying.
- **Ticket sizes vary sharply by issue:** Per-share prices range from Rs. 60 for Apana Logistics to Rs. 643-676 for Prasol Chemicals, so the money needed for a single lot differs a lot from one IPO to another. Work out the lot cost for each issue individually rather than assuming a standard amount.
- **Some pricing is still pending:** Manika Plastech's Rs. 92.50 crore issue is confirmed for September 11 to September 16, but its price band has not been disclosed yet. Investors interested in this issue should watch for the band before the opening date.

## Questions & Answers

### 1. Which IPO opens first next week?
The Pranav Constructions IPO and the Apana Logistics IPO both open on September 7.

### 2. What is the price band for the Pranav Constructions IPO?
It is fixed at Rs. 118 to Rs. 124 per share.

### 3. Which is the biggest IPO of the week by issue size?
The Rentomojo IPO, with an issue size of around Rs. 1,255.57 crore.

### 4. Which IPOs are priced through the fixed-price route instead of a price band?
The Apana Logistics IPO (Rs. 60), the Vinod Texworld IPO (Rs. 94) and the Infrax Renewable IPO (Rs. 104).

### 5. Which IPO has the longest subscription window?
The Manika Plastech IPO, open from September 11 to September 16.

### 6. Is the price band known for every IPO opening this week?
No, the price band for the Manika Plastech IPO had not been disclosed in the available data.

### 7. What sectors do these 15 IPOs cover?
Construction, logistics, electrical equipment, chemicals, renewable energy, and payments and identity solutions.

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