SME IPOs take center stage as mainboard segment stays quiet

While the mainboard IPO market remains dormant, action continues in the SME segment with four new initial public offerings (IPOs) set to launch next week, collectively aiming to raise ₹185 crore.

Upcoming SME IPOs

Desco Infratech IPO

Opens: March 24 | Closes: March 26

Sector: Infrastructure

Fundraising Goal: ₹30.75 crore

Issue Type: Fresh issue of 20.5 lakh shares

Price Band: ₹147-150 per share

Shri Ahimsa Naturals IPO

Opens: March 25 | Closes: March 27

Sector: Crude caffeine processing

Fundraising Goal: ₹73.81 crore

Issue Type: Fresh issue (42.03 lakh shares worth ₹50.02 crore) + Offer-for-sale (19.99 lakh shares worth ₹23.79 crore)

Price Band: ₹113-119 per share

ATC Energies System IPO

Opens: March 25 | Closes: March 27

Sector: Lithium-ion battery manufacturing

Fundraising Goal: ₹63.76 crore

Issue Type: Fresh issue (43.23 lakh shares worth ₹51.02 crore) + Offer-for-sale (10.8 lakh shares worth ₹12.74 crore)

Price Band: ₹112-118 per share

Identixweb IPO

Opens: March 26 | Closes: March 28

Sector: Technology (Shopify app development)

Fundraising Goal: ₹16.66 crore

Issue Type: Fresh issue of 30.8 lakh shares

Price Band: ₹51-54 per share

New SME Listings Next Week

Alongside these IPOs, five SME companies are set to make their stock market debut:

March 24: Paradeep Parivahan (Logistics) & Divine Hira Jewellers (Gold Retail)

March 27: Grand Continent Hotels (Hospitality)

March 28: Rapid Fleet Management Services & Active Infrastructures

While mainboard IPO activity remains muted, the SME segment continues to see strong momentum, offering investors fresh opportunities.

Disclaimer: Please consult financial experts before making investment decisions.