The primary market is set to remain active, with as many as seven new initial public offerings (IPOs) opening for subscription in the coming week, signalling sustained momentum in fundraising activity.
Among the upcoming listings, three mainboard issues, Amir Chand Jagdish Kumar Exports, Powerica, and Sai Parenteral, are expected to collectively raise around ₹1,950 crore. This surge in IPO activity comes even as investor sentiment remains cautious, with markets closely tracking geopolitical developments and ongoing volatility.
The ₹440 crore Amir Chand Jagdish Kumar IPO will open on March 24 and close on March 27. The issue is entirely a fresh offering of 2.08 crore shares, with a price band of ₹201–₹212 per share.
Opening between March 24 and March 27, this ₹1,100 crore issue comprises a fresh issue of ₹700 crore and an offer for sale (OFS) worth ₹400 crore. The price band is set at ₹375–₹395 per share.
This ₹408.79 crore Sai Parenteral IPO will also open from March 24 to March 27. It includes a fresh issue of ₹285 crore and an OFS of ₹123.79 crore, with shares priced between ₹372 and ₹392.
Tipco Engineering IPO, open from March 23 to March 25, aims to raise ₹60.55 crore through a mix of fresh issue and OFS. The price band is ₹84–₹89 per share.
The ₹21.67 crore Highness Microelectronics IPO will be open from March 24 to March 27, with a price band of ₹114–₹120 per share.
Opening on March 25 and closing on March 30, the ₹130.54 crore IPO has a price band of ₹528–₹555 per share.
Scheduled to open on March 27 and close on April 8, this IPO consists entirely of a fresh issue of 0.32 crore shares. The price band is yet to be announced.
Despite the packed IPO calendar, investor participation is expected to remain selective. Market participants are likely to focus on fundamentals and valuations, especially amid global uncertainties and fluctuating market conditions.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
Published on: Mar 23, 2026, 10:59 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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