GMP IPO Watch
Read the newest IPO GMP updates, allotment insights, subscription trends, and stock market explainers from GMP IPO Watch.
Analysis
In the fast-paced world of the Indian primary market, three letters carry more weight than almost any financial ratio: GMP.
Checklist
For years, the "Mainboard" was the only playground for serious investors, while the SME (Small and Medium Enterprise) segment was seen as a speculative corner.
Upcoming IPO
Gujarat-based Rajputana Stainless is launching its ₹255 crore mainboard IPO on March 9, 2026. Specializing in high-grade stainless steel with a massive 75% repeat customer rate, the company is looking to utilize the ₹116–₹122 price band to expand into the high-margin seamless pipe segment and slash its debt. This blog analyzes its 26% profit growth and the long-term potential of its "forward integration" strategy.
Upcoming IPO
Jharsuguda-based Srinibas Pradhan Constructions launches its ₹20.32 crore NSE SME IPO on March 6, 2026. Specializing in EPC government projects for roads and high-level bridges, the company has seen revenue jump 150% in the last year. This blog breaks down the ₹91–₹98 price band, its ₹184 crore order book, and whether this infrastructure play is built for your portfolio.
Open IPO
Rajasthan-based Elfin Agro India launches its ₹25.03 crore BSE SME IPO today, March 5, 2026. Specializing in wheat-based products and mustard oil, the company is using a fixed-price issue of ₹47 to fund massive working capital needs. This blog explores their 38% profit growth, high 22% ROE, and why the current flat GMP suggests a focused look at fundamentals.
Open IPO
Mumbai-based Acetech E-Commerce (formerly Acetech Ventures) is live with its ₹48.95 crore SME IPO. Open until March 4, 2026, the company is looking to scale its "asset-light" dropshipping and global selling model. This blog breaks down the ₹106–₹112 price band, its 71% profit growth, and why the current flat GMP suggests a "wait-and-watch" approach for retail investors.
Open IPO
Pune-based SEDEMAC Mechatronics launches its ₹1,087 crore mainboard IPO on March 4, 2026. A global leader in sensorless motor control and 2W/3W powertrain technology, the company is eyeing the ₹1,352 price band following a massive 700% profit surge in FY25. This blog breaks down why anchor investors are watching this "brainy" engineering play.
Open IPO
Mumbai-based Striders Impex launches its ₹36.29 crore NSE SME IPO on February 26, 2026. With an asset-light model that combines global brand licensing (Disney, etc.) and its own proprietary brands, the company is targeting massive expansion in India and the UAE. This blog covers the ₹71–₹72 price band, strong FY25 profits, and its strategic leap into international markets.
Open IPO
Backed by legendary investors Mukul Agrawal and Sunil Singhania, Yaap Digital launches its ₹80.11 crore NSE SME IPO today, February 25, 2026. Specializing in AI-led content and performance marketing across India, UAE, and Singapore, the company is using the ₹138–₹145 price band to fund a major acquisition. This blog explores their 50% revenue growth and the strategic "GoZoop" buyout.
Open IPO
Accord Transformer & Switchgear, a key manufacturer of critical power equipment for the EV and renewable sectors, launches its ₹25.59 crore IPO today, February 23, 2026. Backed by a strong ₹164 crore order book and strategic partnerships with Schneider Electric and Lucy Electric, this blog breaks down the ₹43–₹46 price band and why it’s currently the most anticipated SME listing of the month.
Open IPO
Omnitech Engineering, a global supplier of safety-critical components with a massive ₹1,764 crore order book, is launching its ₹583 crore IPO on February 25, 2026. With revenues nearly doubling and a strategy focused on two new massive manufacturing facilities, this blog analyzes the ₹216–₹227 price band and whether the 50x P/E valuation offers room for growth.
Open IPO
Women’s ethnic wear brand Kiaasa Retail opens its ₹69.72 crore SME IPO today, February 23, 2026. With 124 stores across 70 cities and a sharp focus on "affordable luxury," the company is looking to fund a massive 41-store expansion. This blog breaks down the ₹121–₹127 price band, its strong H1 FY26 performance, and whether the current flat GMP is a cause for concern.