Investor Watch: 7 IPOs Opening Soon in Indian Markets

1. Tipco Engineering IPO

Tipco Engineering Limited, an engineering and industrial solutions company, is launching a book-built IPO worth ₹60.55 crore. The issue includes a fresh issue of ₹48.49 crore (0.54 crore shares) and an offer for sale of ₹12.06 crore (0.14 crore shares). The IPO will open on March 23, 2026, and close on March 25, 2026, with the allotment expected on March 27, 2026. The company plans to list its shares on the BSE SME platform, with a tentative listing date of April 1, 2026. The price band is ₹84–₹89 per share. The IPO aims to support business expansion and strengthen the company’s financial position while offering investors participation in the engineering sector.

2. Speciality Medicines IPO

Speciality Medicines Limited, a pharmaceutical company involved in specialty healthcare products, is launching a book-built IPO worth ₹29.14 crore. The issue consists entirely of a fresh issue of 24 lakh equity shares. The IPO will open on March 20, 2026, and close on March 24, 2026, while the basis of allotment is expected on March 25, 2026. The company’s shares are proposed to be listed on the BSE SME platform, with a tentative listing date of March 30, 2026. The price band is ₹117–₹124 per share with a lot size of 1,000 shares. The IPO proceeds will support growth initiatives and strengthen the company’s presence in the specialty pharmaceutical segment.

3. Sai Parenteral IPO

Sai Parenteral Limited, a pharmaceutical manufacturing company specializing in injectable medicines, is launching a book-built IPO worth ₹408.79 crore. The issue includes a fresh issue of ₹285 crore (0.73 crore shares) and an offer for sale of ₹123.79 crore (0.32 crore shares). The IPO will open on March 24, 2026, and close on March 27, 2026, with the allotment expected on March 30, 2026. The shares are proposed to be listed on both the BSE and NSE, with a tentative listing date of April 2, 2026. The price band is ₹372–₹392 per share. The funds will support expansion plans and provide partial exit to existing shareholders.

4. Powerica IPO

Powerica Limited, a company engaged in power generation equipment and energy solutions, is launching a book-built IPO worth ₹1,100 crore. The issue comprises a fresh issue of ₹700 crore (1.77 crore shares) and an offer for sale of ₹400 crore (1.01 crore shares). The IPO will open on March 24, 2026, and close on March 27, 2026, while the allotment is expected on March 30, 2026. The shares will be listed on both the BSE and NSE, with a tentative listing date of April 2, 2026. The price band is ₹375–₹395 per share. The company aims to strengthen its capital structure and support future growth through this public offering.

5. Central Mine Planning and Design Institute Limited IPO

Central Mine Planning and Design Institute Limited (CMPDI), a government-owned mining consultancy and engineering services company, is launching a book-built IPO worth ₹1,842.12 crore. The entire issue consists of an offer for sale of 10.71 crore shares, allowing existing shareholders to divest part of their holdings. The IPO will open on March 20, 2026, and close on March 24, 2026, with the allotment expected on March 25, 2026. The shares are scheduled to be listed on both the BSE and NSE, with a tentative listing date of March 30, 2026. The price band for the issue is ₹163–₹172 per share.

6. Amir Chand Jagdish Kumar IPO

Amir Chand Jagdish Kumar Limited, a well-known player in the food processing and packaged snack industry, is launching a book-built IPO worth ₹440 crore. The entire issue consists of a fresh issue of shares, and the proceeds will be used for business expansion, brand growth, and operational improvements. The IPO will open on March 24, 2026, and close on March 27, 2026, with the allotment expected to be finalized on March 30, 2026. The company plans to list its shares on both the BSE and NSE, with a tentative listing date of April 2, 2026. The price band for the IPO is yet to be announced.

7. Highness Microelectronics IPO

Highness Microelectronics Limited, a company involved in electronics and semiconductor component manufacturing, is launching a book-built IPO worth ₹21.67 crore. The issue includes a fresh issue of ₹19.84 crore (0.17 crore shares) and an offer for sale of ₹1.83 crore (0.02 crore shares). The IPO will open on March 24, 2026, and close on March 27, 2026, with the allotment expected on March 30, 2026. The shares will be listed on the BSE SME platform, with a tentative listing date of April 2, 2026. The price band is ₹114–₹120 per share, and the IPO aims to support expansion and technological development.