Upcoming IPOs in India 2026: 20 IPOs Opening Soon – Price, Dates, GMP & Details

Upcoming IPOs in India 2026: 20 IPOs Opening Soon – Price, Dates, GMP & Complete Details

If you have been following the IPO market recently, you have probably noticed that there is hardly a quiet week.

The primary market is heading into another busy stretch, with 20 new IPOs scheduled to open between September 28 and October 5, 2026. The list includes four Mainboard IPOs and 16 SME issues, with the companies together looking to raise around ₹1,292 crore.

The Mainboard names getting the most attention are SRIT India, Shah Investor's Home, Vishal Nirmiti and Nityas Gems & Jewellery. The SME calendar is even more crowded, with companies from sectors ranging from manufacturing and technology to hospitality, electronics and consumer businesses.

For IPO investors, this means there will be plenty to track over the coming days — but also plenty of numbers to compare.

Here is a simple breakdown of the upcoming IPO calendar.

Upcoming IPOs at a Glance

IPO dates and issue details can change. Investors should check the latest official issue documents before applying.

Mainboard IPOs Coming Up

The four Mainboard IPOs are likely to attract most of the attention because of their larger issue sizes and wider investor participation.

SRIT India IPO

SRIT India is the first major Mainboard IPO in this week's calendar.

The IPO opened on September 28 and will close on September 30. The company is looking to raise approximately ₹218.40 crore through a fresh issue.

The price band has been set at ₹123–₹130 per share, with a lot size of 115 shares. At the upper price band, one retail lot requires about ₹14,950.

SRIT India operates in IT and IT-enabled services, providing digital solutions, application development and system integration services. Its work spans areas such as healthcare, e-governance and telecom.

The company reported total income of ₹462.54 crore and profit after tax of ₹43.29 crore for FY26, according to the IPO information reported by ETMarkets.

SRIT India IPO Details

• Issue Size: ₹218.40 Crore
• Price Band: ₹123–₹130
• Lot Size: 115 Shares
• Opening Date: September 28
• Closing Date: September 30
• Expected Listing: October 6
• Exchange: NSE & BSE

The IPO has also been attracting attention in the grey market. However, GMP can change quickly and should not be treated as a guaranteed listing-price indicator.

Shah Investor's Home IPO

The Shah Investor's Home IPO also opened on September 28 and will close on September 30.

The company is a securities-market services provider with more than three decades of operating history. Its services include equity and derivatives brokerage, IPO services, mutual fund distribution, margin funding and stock lending and borrowing.

The issue size is around ₹90.17 crore, with a price band of ₹159–₹167.

The lot size is 85 shares, putting the minimum retail application at approximately ₹14,195 at the upper end of the price band.

Shah Investor's Home IPO Details

• Issue Size: ₹90.17 Crore
• Price Band: ₹159–₹167
• Lot Size: 85 Shares
• Opening Date: September 28
• Closing Date: September 30
• Expected Listing: October 6

One point investors may want to look at closely is the company's recent financial performance. ETMarkets reported that FY26 revenue declined 23% while profit after tax fell 44% compared with FY25.

Vishal Nirmiti IPO

The Vishal Nirmiti IPO is scheduled to open on September 30 and remain open until October 5.

The company works in civil engineering, construction and manufacturing. Its operations include pre-stressed concrete railway sleepers, precast products, MS pipes and EPC services related to infrastructure projects.

The IPO is worth approximately ₹178 crore and includes both a fresh issue and an offer-for-sale component.

The price band has been fixed at ₹208–₹220, with a lot size of 68 shares. At the upper price, the minimum application works out to around ₹14,960.

Vishal Nirmiti IPO Details

• Issue Size: ₹178 Crore
• Price Band: ₹208–₹220
• Lot Size: 68 Shares
• Opening Date: September 30
• Closing Date: October 5
• Expected Listing: October 8
• Exchange: NSE & BSE

Nityas Gems & Jewellery IPO

The fourth Mainboard IPO in this upcoming batch is Nityas Gems & Jewellery.

The issue opens on September 30 and closes on October 5.

The company plans to raise approximately ₹108.42 crore, with the price band set at ₹70–₹75 per share.

The lot size is 200 shares, meaning investors applying at the upper price band would need around ₹15,000 for one retail lot.

Nityas Gems & Jewellery IPO Details

• Issue Size: ₹108.42 Crore
• Price Band: ₹70–₹75
• Lot Size: 200 Shares
• Opening Date: September 30
• Closing Date: October 5
• Expected Listing: October 8
• Exchange: NSE & BSE

SME IPOs: The Calendar Gets Much Busier

While there are only four Mainboard IPOs, the SME segment has 16 issues scheduled in this cycle.

That is where the IPO calendar gets particularly interesting — and also where investors need to pay attention to minimum investment requirements.

Unlike many Mainboard IPOs, SME IPOs often require significantly larger application amounts because of their lot sizes.

SME IPOs Opening on September 28

Acme Universal Safezone 9

• Price Band: ₹65–₹71
• Issue Size: ₹35.93 Crore
• Open: September 28
• Close: September 30

Shree TNB Polymers

• Price Band: ₹50–₹53
• Issue Size: ₹31.80 Crore
• Open: September 28
• Close: October 5

Pind Hospitality

• Price Band: ₹93–₹99
• Issue Size: ₹17.82 Crore
• Open: September 28
• Close: September 30

Shivchem Agro

• Price Band: ₹59–₹62
• Issue Size: ₹14.01 Crore
• Open: September 28
• Close: September 30

These four SME IPOs started the week, followed by another four issues opening on September 29.

SME IPOs Opening on September 29

Four more SME companies entered the market on September 29.

Black Opal Consultants

Black Opal Consultants has an issue size of around ₹55.08 crore, making it the largest of the four SME IPOs opening that day.

• Price Band: ₹185–₹197
• Issue Size: ₹55.08 Crore
• Open: September 29
• Close: October 1

EverestIMS Technologies

• Price Band: ₹80–₹85
• Issue Size: ₹48.46 Crore
• Open: September 29
• Close: October 5

Vans Electroengineerings

• Price Band: ₹112–₹118
• Issue Size: ₹33.98 Crore
• Open: September 29
• Close: October 1

Papadmalji Agro Foods

• Price Band: ₹69–₹72
• Issue Size: ₹20.18 Crore
• Open: September 29
• Close: October 1

Together, these four issues are looking to raise roughly ₹158 crore.

One important point for SME investors: the minimum application can be considerably higher than a typical Mainboard IPO. For example, Vans Electroengineerings requires a minimum retail application of two lots, amounting to ₹2.83 lakh at the upper price band. Papadmalji Agro Foods requires about ₹2.30 lakh for two lots.

September 30: The Busiest IPO Opening Day

September 30 is set to be the busiest day in this IPO calendar.

Along with Vishal Nirmiti and Nityas Gems & Jewellery, eight SME IPOs are scheduled to open.

Dove Soft

• Price Band: ₹104–₹111
• Issue Size: ₹73.26 Crore
• Open: September 30
• Close: October 5

Paramount Syntex

• Price Band: ₹119–₹127
• Issue Size: ₹81.79 Crore
• Open: September 30
• Close: October 6

Acme India Industries

• Price Band: ₹186–₹196
• Issue Size: ₹121.69 Crore
• Open: September 30
• Close: October 6

Acme India Industries is expected to be the largest SME issue of this group by size, at around ₹121.69 crore.

Omara Ventures India

• Price Band: ₹296–₹311
• Issue Size: ₹41.99 Crore
• Open: September 30
• Close: October 5

Eventions

• Price Band: ₹112–₹118
• Issue Size: ₹38.12 Crore
• Open: September 30
• Close: October 5

TNA Solutions

• Price Band: ₹66–₹70
• Issue Size: ₹37.86 Crore
• Open: September 30
• Close: October 6

SJP Ultrasonics

• Issue Price: ₹67
• Issue Size: ₹23.45 Crore
• Open: September 30
• Close: October 5

Sollfege Smart Electronics

• Issue Price: ₹55
• Issue Size: ₹21.78 Crore
• Open: September 30
• Close: October 5

The price bands, issue sizes and dates for these SME issues are listed in current IPO calendars.

What About GMP for These Upcoming IPOs?

GMP is usually one of the first things investors search for after an IPO announcement.

It is easy to understand why. A rising GMP can create excitement around a new issue, while a flat or negative GMP often gets less attention.

But there is an important catch: GMP is unofficial.

It is based on activity in the grey market and can change several times before the listing. It also does not guarantee where the shares will actually open on the exchange.

For example, an IPO can have a strong GMP but still see a different listing outcome if market sentiment changes.

So when checking GMP, it makes sense to look at it alongside the company's financials, valuation, subscription data and business prospects.

Mainboard or SME IPO: What Should Investors Look At?

The two segments are quite different.

For Mainboard IPOs, investors generally see larger companies, broader participation and lower minimum application amounts.

SME IPOs can be very different. The minimum application can run into several lakh rupees, and post-listing liquidity can also be an important consideration.

Before applying to an SME IPO, investors should check:

• Minimum lot size
• Minimum application amount
• Financial performance
• Promoter background
• Debt levels
• Use of IPO proceeds
• Valuation
• Business model
• Post-listing liquidity
• Risks mentioned in the offer documents

A large GMP or heavy subscription alone does not tell the whole story.

IPO Calendar: Important Dates to Remember

Here is the simple timeline investors can keep handy:

September 28

• SRIT India opens
• Shah Investor's Home opens
• Acme Universal Safezone 9 opens
• Shree TNB Polymers opens
• Pind Hospitality opens
• Shivchem Agro opens

September 29

• Black Opal Consultants opens
• EverestIMS Technologies opens
• Vans Electroengineerings opens
• Papadmalji Agro Foods opens

September 30

• Vishal Nirmiti opens
• Nityas Gems & Jewellery opens
• Dove Soft opens
• Paramount Syntex opens
• Acme India Industries opens
• Omara Ventures India opens
• Eventions opens
• TNA Solutions opens
• SJP Ultrasonics opens
• Sollfege Smart Electronics opens

This makes September 30 the busiest opening day of the current IPO calendar.

What Should Investors Watch Before Applying?

With 20 IPOs arriving in a short period, it is easy to get carried away by the number of new companies entering the market.

A better approach is to slow down and compare them.

Look at the price band, issue size, financial performance, valuation, subscription numbers and GMP. More importantly, understand what the company actually does and why it is raising money.

For SME IPOs, the minimum investment requirement deserves extra attention. A ₹70 share price may look inexpensive at first glance, but a large lot size can make the actual application amount much higher.

Final Takeaway

The Indian IPO market is heading into a very busy period.

From September 28 to October 5, 2026, investors will see 20 new IPOs, including four Mainboard companies and 16 SME companies. Together, these issues are expected to raise around ₹1,292 crore.

The Mainboard calendar features SRIT India, Shah Investor's Home, Vishal Nirmiti and Nityas Gems & Jewellery, while the SME side includes companies such as Acme India Industries, Paramount Syntex, Dove Soft, Omara Ventures, Eventions, TNA Solutions, EverestIMS Technologies and Black Opal Consultants.

For IPO investors, the next few days will be all about tracking opening dates, subscription numbers, GMP movements and allotment schedules.

But with so many issues arriving together, it is worth looking beyond the headline GMP number and understanding each company's business and valuation before making an application.

Keep following GMP IPO Watch for the latest IPO GMP, subscription updates, allotment results, listing dates and upcoming IPO news.

Disclaimer: IPO dates, price bands, issue sizes and GMP figures can change. Grey Market Premium is unofficial and should not be treated as a guaranteed listing-price indicator. This article is for informational purposes only and is not investment advice. Investors should read the official offer documents and conduct their own research before investing.