Upcoming IPOs in India's Primary Market: What Investors Should Know

The Indian primary market is gearing up for a series of IPO launches starting March 9, despite recent stock market volatility. Notable offerings include Rajputana Stainless and Innovision, along with a significant infrastructure investment trust. Investors can also look forward to the SME IPO of Apsis Aerocom. This article provides essential details on upcoming public offerings and expected market debuts, making it a must-read for those interested in investment opportunities.

By Narendra Chaudhary Mar 8, 2026, 16:07 IST

Overview of Upcoming IPOs

Despite recent fluctuations in the stock market, the primary market in India remains active. A series of public offerings is set to launch next week, starting March 9. Investors can anticipate three mainboard IPOs and one SME offering, along with several companies making their market debut.

Mainboard IPOs Launching Soon

One of the key offerings is from Rajputana Stainless, which aims to raise around Rs 254.98 crore. This IPO will be available for subscription from March 9 to March 11, with a price range of Rs 116 to Rs 122 per share. The funds raised will help establish a new manufacturing facility in Gujarat and reduce existing debts.

Another notable entry is Innovision, which provides manpower services and toll operations. Its IPO, valued at Rs 322.84 crore, opens on March 10 and closes on March 12, with shares priced between Rs 521 and Rs 548. The proceeds will primarily be used for debt repayment and working capital.

Additionally, Raajmarg Infra Investment Trust plans to raise approximately Rs 6,000 crore through its IPO, scheduled from March 11 to March 13. Sponsored by the National Highways Authority of India, the price band is set at Rs 99 to Rs 100 per unit, appealing to investors interested in infrastructure assets.

SME Segment Activity

The SME segment will also see action with the IPO of Apsis Aerocom, opening for subscription on March 11 and closing on March 13. This fresh issue is valued at about Rs 35.77 crore, with a price band of Rs 104 to Rs 110 per share. Share allotment is expected on March 16, with trading on the NSE SME platform starting March 18.

Upcoming Listings

In addition to new IPOs, several companies that recently completed their public offerings are set to list on the stock exchanges. These include SEDEMAC Mechatronics on March 11, Acetech E-Commerce on March 9, Elfin Agro India on March 12, and Srinibas Pradhan Constructions on March 13.