Check the latest upcoming IPOs in India, including SRIT India, Shah Investor's Home, Vishal Nirmiti, Nityas Gems and 16 SME IPOs. Get price bands, issue sizes, dates and GMP updates.
Skyways Air Services IPO entered Day 3 on August 26, 2026, with improving investor demand. The ₹582.80 crore mainboard IPO is priced at ₹131–₹138 per share and has been subscribed around 2.46 times, while the latest grey-market trend indicates an estimated 21% premium. The logistics company has a strong position in air freight forwarding and also operates across ocean freight, road transport, warehousing and customs services. With ₹398.80 crore coming through fresh shares, investors are watching how effectively the company uses IPO proceeds to reduce debt, strengthen working capital and support future logistics growth.
Ashutosh Fibre IPO will open on August 31, 2026, with a price band of ₹87–₹92 per share. The ₹53.52 crore NSE SME IPO is entirely a fresh issue with no OFS. The textile company manufactures recycled polyester staple fibre and related products, serving customers across textile and industrial applications. FY2026 revenue stood at ₹117.43 crore while PAT nearly doubled to ₹16.04 crore. The company plans to deploy ₹25.51 crore toward new equipment and machinery and ₹20 crore toward debt repayment. With the latest GMP at ₹0, investors will be watching capacity expansion, margins, leverage and cash-flow performance as the issue approaches subscription.
Phychem Technologies IPO will open on August 31, 2026, with a price band of ₹51–₹54 per share. The BSE SME issue will raise up to ₹14.58 crore through 27 lakh fresh shares. The Nashik-based company manufactures specialty rotational moulding compounds used in water tanks, chemical storage, automotive products, furniture and industrial applications. FY2026 total income increased to ₹57.48 crore while PAT rose to ₹4.09 crore. IPO proceeds are planned for new plant and machinery, debt repayment and working capital, making capacity expansion, margins and cash-flow efficiency important factors to watch after listing.
Purple Style Labs IPO will open on August 31, 2026, with a price band of ₹546–₹575 per share. The ₹680 crore mainboard IPO is entirely a fresh issue with no OFS. The company operates luxury fashion platform Pernia’s Pop-Up Shop, offering over 2 lakh products from more than 1,300 designers through its digital platform and 14 experience centres. IPO proceeds will support store expansion, lease payments, marketing and other business requirements. With the company building an omnichannel luxury-fashion platform across India and overseas, investors will be watching revenue growth, store economics, profitability and execution after listing.
ESDS Software Solution IPO will open on August 28, 2026, with a price band of ₹408–₹429 per share. The ₹720 crore mainboard IPO is entirely a fresh issue with no OFS. ESDS provides AI-enabled cloud, managed services, data centre infrastructure and SaaS solutions to enterprises and government customers. FY2026 total income increased to ₹480.65 crore while PAT more than doubled to ₹120.82 crore. A major portion of the IPO proceeds will fund data centre equipment and infrastructure expansion, making capacity utilisation, recurring cloud revenue, margins and execution key factors to watch after listing.
The Indian IPO market remains busy this week, with investors tracking multiple mainboard and SME issues. Among the most closely watched is the Skyways Air Services IPO, which is currently open for subscription and is scheduled to close on August 27, 2026.
Sumax Engineering IPO opened today, August 25, 2026, and will close on August 28. The ₹53.40 crore NSE SME IPO is priced at ₹95–₹101 per share and includes a ₹43.34 crore fresh issue along with a ₹10.06 crore OFS. The company manufactures and trades automotive products including adhesive tapes, die-cuts, polishing compounds, buffing pads, reflective tapes, graphics and car-care products. Revenue stood at ₹148.34 crore in FY2026, while PAT improved to ₹12.76 crore from ₹9.98 crore in FY2025. With the latest reported GMP indicating around 32% potential premium, investors will be watching subscription demand, manufacturing expansion and the company's ability to sustain recent profitability.
Skyways Air Services IPO entered Day 2 on August 25, 2026, after opening at a price band of ₹131–₹138 per share. The ₹582.80 crore mainboard issue includes a ₹398.80 crore fresh issue and ₹184 crore OFS. Skyways is an integrated logistics company with a strong position in air freight forwarding and services across ocean freight, trucking, warehousing and customs brokerage. FY2026 total income reached ₹2,839.67 crore while PAT rose to ₹63.52 crore. The latest grey-market trend indicates around 23% potential premium, while investors are also watching debt reduction, working-capital needs and the company's dependence on air freight.
Madhur Knit Crafts IPO entered its second bidding day on August 25, 2026. The ₹53.27 crore NSE SME IPO is a 100% fresh issue of 53.27 lakh shares priced at ₹95–₹100 per share. The Ludhiana-based textile manufacturer produces knitted fabrics, blankets and related textile products, with FY2026 total income of ₹194.79 crore and PAT of ₹12.35 crore. The company plans to use IPO proceeds mainly for debt repayment, working capital and solar-panel capex. With borrowings of ₹73.54 crore in the latest reported period, investors will be watching deleveraging, margins, capacity utilisation and working-capital efficiency after listing.