India’s primary market is gearing up for fresh activity this week, with three new IPOs…

IPO Calendar April 2026: Focus Shifts to Listings
The IPO market in April 2026 is expected to remain largely subdued, with no major new public issues scheduled during the month. According to available IPO calendars, both mainboard and SME segments are likely to see limited activity in terms of fresh offerings, reflecting cautious market sentiment among investors.
| Company IPO | Opening Date | Closing Date | IPO Type | IPO Size | Price Band |
|---|---|---|---|---|---|
| Emiac Technologies | March 27, 2026 | April 8, 2026 | SME | ₹31.75 Cr. | ₹93 to ₹98 |
| Safety Controls | April 6, 2026 | April 8, 2026 | SME | ₹48 Cr. | ₹75 to ₹80 |
| Propshare Celestia | April 10, 2026 | April 16, 2026 | Mainboard | ₹245 Cr. | ₹1000000 to ₹1050000 |
However, while new IPO launches may be absent, the market will still witness activity through listings of previously subscribed issues. Several companies that opened their IPOs in late March or early April are expected to debut on stock exchanges during this period, keeping primary market momentum alive.
Emiac Technologies IPO is scheduled to open on March 27, 2026, and will close on April 8, 2026. The company aims to raise ₹31.75 crore through a fresh issue. The price band for the IPO has been fixed between ₹93 and ₹98 per share.

Safety Controls IPO will open for subscription from April 6 to April 8, 2026. The issue size is approximately ₹48 crore, consisting entirely of a fresh issue with a face value of ₹10 per share. The price band is set at ₹75 to ₹80 per share.

Propshare Celestia IPO is set to open on April 10, 2026, and will close on April 16, 2026. The company plans to raise ₹245 crore via a fresh issue. The price band for this IPO ranges from ₹10,00,000 to ₹10,50,000 per share, reflecting its structure in the real estate investment segment.

For instance, SME IPOs like Emiac Technologies and Safety Controls & Devices are scheduled for listing in April, along with other recent issues that closed in March. These listings will provide investors with opportunities to track post-listing performance and market sentiment.
Market experts suggest that the muted IPO pipeline could be due to global uncertainties, cautious investor participation, and mixed performance of recent listings. Despite this temporary slowdown, several large IPOs are in the pipeline for later in 2026, indicating that the primary market may regain momentum in the coming months.
Overall, April 2026 is expected to be a quiet phase for new IPO launches but an active period for listings and market evaluation.