Industrial machinery specialist Tipco Engineering India is in the middle of its ₹61 crore SME IPO, open until March 25, 2026. With a massive 3-year revenue CAGR of 92% and a P/E ratio under 9x, the company looks undervalued compared to its peers. We break down the Day 2 subscription, the flat GMP, and why the "Debt Repayment" objective is a game-changer.
The ₹1,842 crore IPO of Central Mine Planning & Design Institute (CMPDI), a critical technical arm of Coal India, closes for subscription today, March 24, 2026. Priced at ₹163–₹172, this 100% Offer for Sale (OFS) is a value-play for those eyeing India’s core energy sector. We look at the 25% Day 2 subscription, the ₹1.50 GMP, and why long-term investors are watching this one.
Mumbai-based Speciality Medicines Limited is currently live with its ₹29.14 crore SME IPO. Priced at ₹117–₹124, this 100% fresh issue is a strategic play to pivot from distribution to in-house R&D. With Day 2 bidding underway and a listing scheduled for March 30, we break down the subscription trends, the ₹0 GMP, and the long-term potential.
The ₹1,842 crore IPO of Coal India’s consultancy arm, CMPDI, is seeing a measured response on its second day of bidding. As of midday March 23, 2026, the issue is subscribed 0.09x, with retail and existing Coal India shareholders showing the most movement. With a Grey Market Premium (GMP) of ₹1.5, the market is pricing this as a long-term "Value PSU" play rather than a quick listing-gain firework.
Electrical switchboard manufacturer Vivid Electromech Ltd is set to launch its IPO on March 25, 2026, with a price band of ₹528–₹555. Boasting a massive revenue jump to ₹155 crore and a 30-year industry legacy, the company is eyeing expansion into new manufacturing units. We break down the financials, the ₹2.66 lakh entry barrier, and what to expect.
Hyderabad-based Sai Parenteral's Limited enters the mainboard market on March 24, 2026, with a price band of ₹372–₹392. Specializing in sterile injectables and high-end formulations, the company is using this IPO to fund a major Australian acquisition and a new R&D center. We break down the ₹0 GMP, the 72x valuation, and the risks you should know.
One of India’s oldest basmati rice exporters, Amir Chand Jagdish Kumar (Exports) Ltd, is launching its ₹440 crore mainboard IPO on March 24, 2026. With a price band of ₹201–₹212, the company aims to fund its massive working capital needs. We dive into the "Aeroplane" brand’s financials, the ₹6 GMP, and how it stacks up against giants like KRBL and LT Foods.
SME engineering firm Tipco Engineering hits the primary market today, March 23, 2026, with a price band of ₹84–₹89. Despite a flat early Grey Market Premium (GMP), the company’s 4x revenue growth over the last two years and its plans to become debt-free make it a notable entry in the industrial equipment space.
Mumbai-based Highness Microelectronics Limited is set to launch its ₹21.67 crore SME IPO on March 24, 2026. Specializing in high-end, rugged digital imaging and display solutions for the defense, medical, and railway sectors, this "Made in India" tech story is priced at ₹114–₹120. With a shift toward in-house manufacturing and a strong order book, we analyze whether this small-cap contender belongs on your watchlist.
The ₹1,842 crore IPO of Central Mine Planning & Design Institute (CMPDI) opens for public subscription on March 20, 2026. As a "Mini Ratna" with a 61% market share in coal consultancy, this debt-free PSU is drawing eyes with its 36.7% ROE. Priced at ₹163–₹172, we break down why the "smart money" just poured in and what the ₹11–₹22 GMP signals for retail investors.
Mumbai-based Speciality Medicines Limited opens its ₹29.14 crore SME IPO on March 20, 2026. With a massive revenue surge to ₹58 crore and a transition from a simple distributor to an R&D-driven pharma player, the company is attracting eyeballs. Priced at ₹117–₹124, we analyze if the strong FY25 financials and low debt make this a "Subscribe" for your long-term portfolio.
As the ₹60.15 crore Novus Loyalty IPO enters its penultimate day on March 19, 2026, the retail segment is leading the charge with 1.22x subscription. While the Grey Market Premium (GMP) remains steady at ₹0, the company’s pivot toward AI-powered rewards and its expansion into the USA and Australia are keeping long-term tech investors interested. We break down the latest subscription figures and what to expect for the final day.
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