Upcoming IPOs This Week: One Mainboard and 2 SME IPO Set to Open

The primary market is gearing up for a busy week, with 3 new initial public offerings (IPOs) scheduled to open for subscription. Of these, one will be a mainboard listing, while the other two will debut in the SME segment.

In addition to these upcoming IPOs, investors will witness 8 new companies marking their stock market debut this week, spanning both mainboard and SME categories. Here’s a detailed look at the IPOs opening for bidding between 2 and 8 March 2026:

Mainboard IPOs

SEDEMAC Mechatronics IPO

SEDEMAC Mechatronics is the sole mainboard IPO this week. It will open for subscription on 4 March and close on 6 March. This is a book-built issue worth ₹1,087.45 crore, entirely structured as an Offer for Sale (OFS) of 0.80 crore shares.

Being an OFS, the shares will be sold directly by existing shareholders to the public through the stock exchanges, with no fresh capital raised for the company. The proceeds will go to the selling shareholders, not to SEDEMAC itself.

The allotment for this IPO is expected to be finalised on 9 March, with a tentative listing on BSE and NSE scheduled for 11 March 2026.

SME IPOs

The SME segment will see two IPOs next week:

Elfin Agro India IPO

• Subscription opens: 5 March 2026
• Subscription closes: 9 March 2026
• Issue size: ₹25.03 crore (fixed-price issue)

Srinibas Pradhan Constructions IPO

• Subscription opens: 6 March 2026
• Subscription closes: 10 March 2026
• Issue size:₹20.32 crore (book-built)
• Structure: Fresh issue of 0.17 crore shares aggregating ₹16.79 crore + OFS of 0.04 crore shares aggregating ₹3.53 crore

Also Read: Upcoming IPOs in March 2026 

Investors will closely track the subscription levels, listing gains, and market sentiment around these IPOs as they make their market debut.

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/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.