Upcoming IPOs in March 2026

India’s primary market is set to remain active in March 2026, with several companies across sectors preparing to launch their initial public offerings (IPOs). The upcoming issues include both mainboard and SME listings, offering investors a mix of large-scale and emerging business opportunities.

Companies such as SEDEMAC Mechatronics, Rajputana Stainless, Elfin Agro India, and Srinibas Pradhan Constructions are scheduled to open subscriptions during the month.

IPO Schedule at a Glance

SEDEMAC Mechatronics IPO

SEDEMAC Mechatronics IPO is the largest offering among the upcoming issues, with a total size of ₹1,087.45 crore. The issue is entirely an offer for sale (OFS), meaning proceeds will go to existing shareholders rather than the company.

The IPO has a price band of ₹1,287–₹1,352 per share, with a minimum retail investment of ₹14,872. The company is expected to list on both BSE and NSE on March 11, 2026.

SME Segment Sees Strong Participation

The SME platform will also witness notable activity. Elfin Agro India IPO, a fixed-price issue of ₹25.03 crore, opens on March 5 with shares priced at ₹47 each. Meanwhile, Srinibas Pradhan Constructions IPO, valued at ₹20.32 crore, combines a fresh issue and an offer for sale.

These SME offerings typically involve higher lot sizes and investment thresholds compared to mainboard IPOs.

Rajputana Stainless IPO Rounds Off the Month

Rajputana Stainless IPO, worth ₹254.98 crore, includes both a fresh issue and OFS component. The price band is set between ₹116 and ₹122 per share, with retail investors requiring a minimum investment of ₹13,420.

The IPO is scheduled to list on March 16, 2026, marking one of the later listings in the month’s IPO calendar.

Also Read: NSE Begins Process to Appoint Bankers for Proposed IPO Listing!

Conclusion

March 2026 is shaping up to be a busy month for India’s primary markets, with IPOs spanning manufacturing, construction, engineering, and agro sectors. As always, investors should evaluate company fundamentals, valuation, and risk factors before participating in any public issue.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private recommendation/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.