Upcoming IPOs this week: Euro Pratik Sales, VMS TMT, 4 others issues to open; 11 listings scheduled; check list

Upcoming IPOs: Stock listings scheduled this week include Vashishtha Luxury Fashion, Nilachal Carbo Metalicks, Krupalu Metals, Taurian MPS, Karbonsteel Engineering, Shringar House of Mangalsutra, Urban Company, Dev Accelerator, Jay Ambe Supermarkets, Galaxy Medicare and Airfloa Rail Technology. Upcoming IPOs this week: The week starting September 15 will see at least six initial public offerings open for subscription. They include three mainboard IPOs – Euro Pratik, VMS TMT and Ivalue Infosolutions – and three SME offers of TechD Cybersecurity, Sampat Aluminium and JD Cables. Stock listings scheduled this week include Vashishtha Luxury Fashion (September 15), Nilachal Carbo Metalicks (September 16), Krupalu Metals (September 16), Taurian MPS (September 16), Karbonsteel Engineering (September 16), Shringar House of Mangalsutra (September 17), Urban Company (September 17), Dev Accelerator (September 17), Jay Ambe Supermarkets (September 17), Galaxy Medicare (September 17) and Airfloa Rail Technology (September 18). Euro Pratik Sales IPO Decorative wall panel maker Euro Pratik Sales' initial public offering, which has fixed a price band of ₹235 to ₹247 per share, will be open from September 16 to September 18. The initial share sale is solely an offer for sale (OFS) of shares valued at ₹451.31 crore by promoters with no fresh issue component. With a price band of ₹235 to ₹247 per share, a lot consists of 60 shares. Euro Pratik has an array of products serving both residential and commercial applications, predominantly sold under its flagship brands 'Euro Pratik' and Gloirio. The company’s revenue from operations climbed 28.22% to ₹284.22 crore for the financial year 2024-25 (FY25) from ₹221.69 crore in the preceding fiscal. Net profit advanced 21.51% to ₹76.44 crore for FY25 compared to ₹62.9 crore in FY24. DAM Capital Advisors and Axis Capital are the IPO's book-running lead managers, while MUFG Intime India serves as the registrar. VMS TMT IPO TMT bars maker VMS TMT's initial share sale will hit the primary market on September 17. The issue, which will conclude on September 19, has fixed a price band of ₹94 to ₹99 per share. A lot consists of 150 shares. The ₹148.50 crore initial public offering is a fresh issuance of 1.50 crore with no OFS component. The objectives of the issue are corporate general purposes and debt repayment. The Gujarat-headquartered company is into the manufacturing of thermo-mechanical treatment bars (TMT bars). | (₹ Crores) | FY25 | FY24 | FY23 | |-------------------|--------|----------|--------| | Revenue | 770.19 | 872.95 | 882.01 | | Total Assets | 412.06 | 284.23 | 227.28 | | Net Profit/(Loss) | 14.73 | 13.46 | 4.19 | Ivalue Infosolutions IPO The ₹560.29 crore Ivalue Infosolutions IPO, which is open from September 18 to September 22, is purely an offer for sale of 1.87 crore shares. The price band has been fixed at ₹284 to ₹299 per share. A lot consists of 50 shares. India-based Ivalue Infosolutions is an enterprise technology solutions specialist, providing comprehensive, purpose-built solutions for securing and managing digital applications and data. List of SME IPOs to open this week | Company Name | IPO Dates | Issue Size | Price Band | |-------------------------------|-------------------|----------------------|------------------| | TechD Cybersecurity IPO | September 15 to 17 | ₹38.99 crore | ₹183 to ₹193 | | Sampat Aluminium IPO | September 17 to 19 | ₹30.53 crore | ₹114 to ₹120 | | JD Cables IPO | September 18 to 22 | ₹95.99 crore | ₹144 to ₹152 | To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page. To add Upstox News as your preferred source on Google, click here.