Upcoming IPOs Next Week: 10 IPOs Opening From September 21 to 25 — Check Price, Issue Size & GMP
Upcoming IPO News, September 18, 2026: The Indian primary market is set for another busy week as several new IPOs are scheduled to open for subscription from September 21 to September 25, 2026.
After a hectic week led by the massive ₹22,561.57 crore NSE IPO, investors will have another set of Mainboard and SME IPOs to track. The upcoming list includes Robokidz Eduventures, FX Multitech, Vivekanand Cotspin, Varmora Granito, Anand Seamless, Himalaya Nutravedics, Sai Urja Indo Ventures, S.K. Offset, Unitec Fibres and Liqvd Digital.
Among these, Varmora Granito stands out as the largest confirmed issue, with an IPO size of approximately ₹708.02 crore, while A-One Steels is scheduled to open on September 24 with a ₹405 crore issue.
Upcoming IPOs Next Week — Quick Overview
| IPO | Segment | Open Date | Close Date | Issue Size | Price Band | GMP* |
|---|---|---|---|---|---|---|
| Robokidz Eduventures | SME | Sep 21 | Sep 23 | ₹31.09 Cr | ₹100–₹106 | ~₹51 |
| FX Multitech | SME | Sep 21 | Sep 23 | ₹45.24 Cr | ₹110–₹116 | — |
| Vivekanand Cotspin | SME | Sep 21 | Sep 23 | ₹22.20 Cr | ₹32–₹37 | — |
| Varmora Granito | Mainboard | Sep 22 | Sep 24 | ₹708.02 Cr | ₹140–₹148 | ~₹10 |
| Anand Seamless | SME | Sep 22 | Sep 24 | ₹25.52 Cr | ₹72 | — |
| Himalaya Nutravedics | SME | Sep 22 | Sep 24 | ₹26.50 Cr | ₹100–₹106 | — |
| Sai Urja Indo Ventures | SME | Sep 23 | Sep 25 | ~₹24.95 Cr | ₹107–₹113 | — |
| S.K. Offset | SME | Sep 23 | Sep 25 | ₹29.06 Cr | ₹119–₹125 | — |
| Unitec Fibres | SME | Sep 23 | Sep 25 | TBA | TBA | — |
| Liqvd Digital | SME | Sep 23 | Sep 25 | ₹300 Cr* | TBA | — |
*Issue details can change before the IPO opens. GMP figures are unofficial and may change rapidly. Current calendar data shows these upcoming issues across September 21–25.
1. Robokidz Eduventures IPO
Robokidz Eduventures IPO is scheduled to open on September 21, 2026, making it one of the first upcoming IPOs after the current NSE-led IPO rush.
The SME issue is expected to raise approximately ₹31.09 crore, with a price band of ₹100–₹106 per share. The bidding window is scheduled to close on September 23.
Robokidz IPO Details
| Particular | Details |
|---|---|
| IPO | Robokidz Eduventures |
| Segment | SME |
| Price Band | ₹100–₹106 |
| Issue Size | ₹31.09 Cr |
| Open Date | September 21 |
| Close Date | September 23 |
| Listing | September 28 |
| GMP | Around ₹51* |
The current GMP tracked by GMP IPO Watch is around ₹51, although grey-market pricing is unofficial and can change before the IPO opens.
2. FX Multitech IPO
The FX Multitech IPO is another SME issue scheduled to open on September 21.
The company is looking to raise approximately ₹45.24 crore, with a price band of ₹110–₹116 per share.
FX Multitech IPO Details
| Particular | Details |
|---|---|
| IPO | FX Multitech |
| Segment | SME |
| Price Band | ₹110–₹116 |
| Issue Size | ₹45.24 Cr |
| Open Date | September 21 |
| Close Date | September 23 |
| Listing | September 28 |
| GMP | Not established |
There is currently no reliable GMP indication to highlight for the issue, so investors should avoid treating the absence of GMP as either positive or negative.
3. Vivekanand Cotspin IPO
The Vivekanand Cotspin IPO is also scheduled to open on September 21.
The SME public issue is expected to raise approximately ₹22.20 crore, with a price band of ₹32–₹37 per share.
Key Details
| Particular | Details |
|---|---|
| IPO | Vivekanand Cotspin |
| Segment | SME |
| Price Band | ₹32–₹37 |
| Issue Size | ₹22.20 Cr |
| Open Date | September 21 |
| Close Date | September 23 |
| Listing | September 28 |
| GMP | Not established |
The company is part of the textile-related manufacturing space, making this another SME issue to watch during the upcoming week.
4. Varmora Granito IPO — Biggest Upcoming Issue
The biggest confirmed IPO among the next batch is Varmora Granito.
The Mainboard IPO is scheduled to open on September 22 and close on September 24, 2026.
The company plans to raise approximately ₹708.02 crore, with a price band of ₹140–₹148 per share.
Varmora Granito IPO Details
| Particular | Details |
|---|---|
| IPO | Varmora Granito |
| Segment | Mainboard |
| Price Band | ₹140–₹148 |
| Issue Size | ₹708.02 Cr |
| Fresh Issue | ₹320 Cr |
| OFS | ~₹388 Cr |
| Lot Size | 101 Shares |
| Minimum Investment | ₹14,948 |
| Open Date | September 22 |
| Close Date | September 24 |
| Allotment | September 25 |
| Listing | September 29 |
| GMP | Around ₹10* |
Varmora Granito's issue consists of a ₹320 crore fresh issue along with an offer for sale. The shares are proposed to list on both BSE and NSE.
Varmora Granito Business
Varmora Granito operates in the tiles and surfaces industry.
The company sells products through a large B2C and B2B distribution network and operates manufacturing facilities in Gujarat's Morbi industrial cluster.
The company reported FY2026 revenue of approximately ₹1,562.53 crore, compared with ₹1,492.68 crore in FY2025, while profit increased to approximately ₹55.09 crore from ₹30.77 crore.
5. Anand Seamless IPO
The Anand Seamless IPO is scheduled to open on September 22 and close on September 24.
The fixed-price SME issue is expected to raise approximately ₹25.52 crore at a price of ₹72 per share.
Anand Seamless IPO Details
| Particular | Details |
|---|---|
| Segment | SME |
| Issue Size | ₹25.52 Cr |
| Price | ₹72 |
| Open Date | September 22 |
| Close Date | September 24 |
| Listing | September 29 |
| GMP | Not started |
The company supplies seamless tubes and related products to industries including oil and gas, pharmaceuticals, chemicals, railways, automobiles and other industrial sectors.
6. Himalaya Nutravedics IPO
The Himalaya Nutravedics India IPO is another SME offering scheduled to open on September 22.
The issue size is approximately ₹26.50 crore, with a price band of ₹100–₹106 per share.
Key Details
| Particular | Details |
|---|---|
| IPO | Himalaya Nutravedics India |
| Segment | SME |
| Price Band | ₹100–₹106 |
| Issue Size | ₹26.50 Cr |
| Open Date | September 22 |
| Close Date | September 24 |
| Listing | September 29 |
| GMP | Not started |
As of September 18, no meaningful grey-market premium had started for the issue.
7. Sai Urja Indo Ventures IPO
Sai Urja Indo Ventures is scheduled to open on September 23.
The SME issue is expected to raise approximately ₹24.95 crore, with a price band of ₹107–₹113 per share.
Key Details
| Particular | Details |
|---|---|
| Segment | SME |
| Price Band | ₹107–₹113 |
| Issue Size | ~₹24.95 Cr |
| Open Date | September 23 |
| Close Date | September 25 |
| Listing | September 30 |
| GMP | Not established |
8. S.K. Offset IPO
The S.K. Offset IPO is scheduled to open on September 23 and close on September 25.
The SME issue has a price band of ₹119–₹125, with an issue size of approximately ₹29.06 crore.
S.K. Offset IPO Details
| Particular | Details |
|---|---|
| Segment | SME |
| Price Band | ₹119–₹125 |
| Issue Size | ₹29.06 Cr |
| Open Date | September 23 |
| Close Date | September 25 |
| Listing | September 30 |
| GMP | Not started |
The IPO is expected to attract attention from investors looking for smaller SME offerings, although the minimum investment requirement should be considered carefully.
9. Unitec Fibres IPO
Unitec Fibres is also appearing in the upcoming SME IPO calendar for September 23–25.
However, important issue parameters such as the final price band and issue size are currently marked TBA in some IPO calendars.
Therefore, investors should wait for the company's final IPO announcement and RHP details before considering the issue.
10. Liqvd Digital IPO
Liqvd Digital is another upcoming SME IPO currently appearing in the September calendar.
The issue is currently scheduled for September 23–25, but some key details, including the final price band, remain to be announced.
Investors should therefore monitor the company's final IPO documents for confirmed issue details.
A-One Steels IPO — Another Major Upcoming Mainboard IPO
In addition to the IPOs opening between September 21 and 25, investors should also keep A-One Steels India on their radar.
The Mainboard IPO is scheduled to open on September 24, 2026, and close on September 28.
The company has fixed the price band at ₹385–₹405 per share, with an issue size of approximately ₹405 crore.
A-One Steels IPO
| Particular | Details |
|---|---|
| IPO | A-One Steels India |
| Segment | Mainboard |
| Price Band | ₹385–₹405 |
| Issue Size | ₹405 Cr |
| Open Date | September 24 |
| Close Date | September 28 |
| Listing | Expected September 30 |
| GMP | To be tracked |
A-One Steels therefore becomes another significant Mainboard issue immediately after Varmora Granito.
Upcoming IPO Calendar: September 21–25
Here's the quick calendar investors can bookmark:
| Date | Upcoming IPOs |
|---|---|
| Sep 21 | Robokidz Eduventures, FX Multitech, Vivekanand Cotspin |
| Sep 22 | Varmora Granito, Anand Seamless, Himalaya Nutravedics |
| Sep 23 | Sai Urja Indo Ventures, S.K. Offset, Unitec Fibres, Liqvd Digital |
| Sep 24 | A-One Steels |
| Sep 25 | No new opening listed in this batch |
The calendar is subject to changes as companies finalise their IPO documents and exchange schedules.
Mainboard vs SME: Upcoming IPOs
The upcoming IPO pipeline is currently heavily dominated by SME issues.
Mainboard IPOs to Watch
- Varmora Granito — ₹708.02 crore
- A-One Steels — ₹405 crore
SME IPOs to Watch
- Robokidz Eduventures
- FX Multitech
- Vivekanand Cotspin
- Anand Seamless
- Himalaya Nutravedics
- Sai Urja Indo Ventures
- S.K. Offset
- Unitec Fibres
- Liqvd Digital
This mix gives investors a combination of larger Mainboard issues and smaller SME offerings.
Upcoming IPO GMP Today
Grey-market premiums have started appearing for some of the upcoming issues, but many of the new IPOs do not yet have established GMPs.
The current picture includes:
| IPO | Current GMP Status |
|---|---|
| Robokidz Eduventures | ~₹51 |
| Varmora Granito | ~₹10 |
| Anand Seamless | No GMP |
| Himalaya Nutravedics | No GMP |
| FX Multitech | No established GMP |
| Vivekanand Cotspin | No established GMP |
| Sai Urja Indo Ventures | No established GMP |
| S.K. Offset | No established GMP |
| Unitec Fibres | Not available |
| Liqvd Digital | Not available |
GMP figures are unofficial and can change significantly before the IPO opens or lists. GMP IPO Watch is tracking the latest available grey-market indications.
What Investors Should Watch Next Week
1. Varmora Granito IPO
With a ₹708 crore issue, Varmora is currently the largest confirmed IPO in this upcoming batch.
2. A-One Steels
A ₹405 crore Mainboard issue opening September 24 adds another significant IPO to the calendar.
3. Robokidz GMP
Robokidz is currently showing a notable unofficial GMP indication of around ₹51, but investors should remember that this is grey-market data and can change quickly.
4. SME Minimum Investment
Several SME IPOs require substantially more capital than a typical Mainboard retail application, so investors should check lot sizes and minimum application amounts carefully.
5. Final Price Bands and RHPs
Some upcoming issues still have incomplete information in market calendars. Final IPO documents should be treated as the authoritative source before publishing or investing.
Upcoming IPOs Next Week — Summary
The IPO pipeline remains busy after one of the biggest weeks of 2026.
September 21: Robokidz, FX Multitech, Vivekanand Cotspin
September 22: Varmora Granito, Anand Seamless, Himalaya Nutravedics
September 23: Sai Urja Indo Ventures, S.K. Offset, Unitec Fibres, Liqvd Digital
September 24: A-One Steels
Among the confirmed issues, Varmora Granito and A-One Steels are the two major Mainboard IPOs, while most of the other upcoming issues are SME offerings.
Investors should keep an eye on price bands, subscription dates, lot sizes, financial performance, valuation and GMP movements as these IPOs approach their opening dates.
For the latest IPO GMP, subscription status, allotment updates and listing information, keep checking GMP IPO Watch.
Disclaimer: This article is for informational and educational purposes only and should not be considered investment advice. IPO GMP is unofficial, unregulated and can change at any time. Some upcoming IPO details may be revised before the issue opens. Investors should read the official RHP/offer documents and conduct their own research before making investment decisions.
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