[Fresh Issue ₹170 Cr + OFS NIL]

Aastha spintex ipo price: ₹125 – ₹136 per share.

Aastha Spintex: History

The Company was originally incorporated as Aastha Spintex Private Limited, a private limited company under the Companies Act, 1956, on August 12, 2013.

The Company was then converted into a public limited company on January 27, 2025, under a special resolution passed by the shareholders.

Its name was subsequently changed to Aastha Spintex Limited, and a fresh certificate of incorporation was issued by the Registrar of Companies on February 12, 2025.

Aastha Spintex: Business

Astha Spintex Ltd is an integrated cotton textile manufacturer engaged in the production, trading, and sale of cotton bales, cotton yarns, and cotton waste by-products.

The Company’s cotton bales are utilized both for captive production of cotton yarns and for supply to other spinning units.

The cotton yarns produced are used in both knitting and weaving applications, catering to a wide spectrum of end-use segments and products, including bottom wear, denim, home textiles, shirting, sheeting, sweaters, socks, terry towels, and industrial fabrics.

The Company operates exclusively in the business-to-business (B2B) segment, supplying its products to buyers such as textile manufacturers, yarn exporters, bulk purchasers, and fabric processors.

As of the date of this Draft Red Herring Prospectus (DRHP), the company has a spindle count capacity of 25,920 spindles through 15 compact ring spinning machines and an annual 12,000 MT production capacity of cotton bales through 28 ginning machines.

Manufacturing Facility

As of the date of this DRHP, the company has one operating facility situated at Halvad, Morbi, Gujarat, India, which operates 24X7, in 3 shifts, with an average annual working of 365 days.

ALSO READ: CSM Technologies IPO Review

Strategies Ahead

• Focus on growth through organic and inorganic acquisitions.
• Expand client base and geographical footprint.
• Operational efficiency and manufacturing excellence.

USEFUL READ: R R Kabel Limited (Value Pick Stock June 2026)

Company Promoters

1. Divyang Jashwantbhai Patel,
2. Rasiklal Valjibhai Patel,
3. Gothi Vivek Rasiklal,
4. Jashwantbhai Valjibhai Patel.

Refer to Aastha Spintex DRHP for more information.

IPO Details

ipo date: 29 June – 1 July 2026

Minimum Amount: ₹14,960

Minimum Bid: 110 Shares

Face Value: INR 10 per share

Listing On: NSE, BSE

Financial

Book Running Lead Managers

BOI Merchant Bankers

PNB Investment Services

CONCLUSION

Considering financial performance and the nature of the business in mind, FinBlab recommends ‘NEUTRAL‘ ratings on Aastha Spintex IPO.

Do come back to know more about upcoming IPOs.

Disclaimer: This article is purely for informational purposes.

While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Aastha Spintex IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

[Fresh Issue ₹146 Cr + OFS NIL]

Csm Technologies IPO price: ₹107 – ₹113 per share.

CSM Technologies: History

The Company was originally incorporated in the name and style of Cybertech Software & Multimedia Private Limited, a private limited company under the Companies Act, 1956, on July 15, 1998.

The Company was then converted into a public limited company on July 11, 2025, under a special resolution passed by the shareholders.

Its name was subsequently changed to CSM Technologies Limited, and a fresh certificate of incorporation was issued by the RoC on July 29, 2025.

CSM Technologies: Business

Incorporated in 1998, CSM Technologies Ltd has 27 years of experience in designing, developing, and implementing e-governance platforms & digital infrastructure, and operates as a long-term digital transformation partner to government agencies.

According to the CARE Report, CSM provides technology solutions across sectors such as –

• Agriculture and allied services,
• Education,
• Government & public services,
• Healthcare,
• Industry and trade facilitation,
• Mining and allied services, and
• Tourism.

Key Interventions

The Company also offers consulting and advisory services and provides self-service technologies that enable government organisations and corporate clients to migrate, automate, and manage customer-facing business processes through self-service channels.

The solutions provided by CSM are aimed at streamlining operations, improving data-driven decision-making, and facilitating citizen-centric services.

As of June 30, 2025, CSM has an outstanding Order Book size of ₹31,732.96 lakhs.

ALSO READ: Waterways Leisure Tourism IPO Review

Company Presence

As of the date of this DRHP (Draft Red Herring Prospectus), CSM has a presence in 12 countries, including India, Ethiopia, Gambia, Gabon, Kenya, Rwanda, the United States of America, and Canada.

READ THIS: Advit Jewels Ipo Review

Strategies Ahead

• Grow business by prioritizing infrastructure improvements,
• Advancing AI/ML innovation and embracing sustainability,
• Capitalizing on Government initiatives and policies,
• Accelerate growth by strategically entering new markets and emerging industries.
• Empowering Growth through a scalable and skilled workforce

USEFUL READ: R R Kabel Limited (Value Pick Stock June 2026)

Company Promoters

1. Priyadarshi Pany,
2. Lagna Panda.

Refer to CSM Technologies DRHP for further details.

IPO Details

ipo date: 24 June – 29 June 2026

Minimum Amount: ₹14,916

Minimum Bid: 132 Shares

Face Value: INR 10 per share

Listing On: NSE, BSE

Financial

Book Running Lead Manager

Keynote Financial Services

CONCLUSION

Considering financial performance and the nature of the business in mind, FinBlab recommends ‘ MAY SUBSCRIBE‘ ratings (keeping a long-term view in mind) on CSM Technologies IPO.

Do come back to know more about upcoming IPOs.

Disclaimer: This article is purely for informational purposes.

While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post CSM Technologies IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Hexagon Nutrition Limited, a research-oriented pure-play nutrition company, made a decent start on the exchanges on Friday, 12 June 2026.

A reasonable listing was expected, as the company’s INR 139 Crore IPO received a 53.68 times subscription (according to the NSE data) during June 5 – 9.

The shares of Hexagon Nutrition were listed at INR 48.25 apiece on the National Stock Exchange (NSE), a premium of 7.20% compared to the IPO price band of INR 42 – INR 45.

On the Bombay Stock Exchange (BSE), the company’s shares were listed at INR 48 per share, representing a premium of 6.60%.

The Stock made an intra-day high of INR 50.66 and a low of INR 48.10 before closing at ₹50.66 (up 12.58%) on the NSE at the market’s close.

In terms of volumes, HEXAGON traded with 11,379,734 shares on the NSE.

Finblab.com view (at the time of IPO)

Do come back to know more about “upcoming ipos“

4 June 2026

Hexagon Nutrition Limited, a global research-oriented organization engaged in formulating Micronutrient Premix nutraceutical products, plans to raise ₹139 crores through an IPO.

[Fresh Issue NIL + OFS ₹139 Cr]

Hexagon nutrition ipo share price ₹42 – ₹45 per share.

Hexagon Nutrition: History

The Company was originally incorporated as Hexagon Chemoils Private Limited, a private limited company under the Companies Act, 1956, on May 27, 1993.

The Company was then converted into a public limited company on October 14, 2021, under a special resolution passed by the shareholders.

Its name was subsequently changed to Hexagon Nutrition Limited, and a fresh certificate of incorporation was issued by the RoC on November 15, 2021.

Hexagon Nutrition: Business

Hexagon Nutrition Ltd is a differentiated, research-oriented pure-play nutrition company.

According to the Giract Report, Hexagon Nutrition is the only holistic nutrition player that offers products across clinical products, micronutrient premixes, and therapeutic products.

The Company’s product addresses a broad spectrum of aspects, such as –

• Fortification of foods,
• Therapeutic nutrition,
• Clinical nutrition, and
• Alleviation of malnutrition.

Hexagon Nutrition is a fully integrated company engaged, right from product development to marketing, including research and development and manufacturing, with a focus on quality.

The Company exported its products to 70 countries, including South Africa, Malaysia, Ethiopia, France, French Polynesia, Ghana, Indonesia, Kenya, Madagascar, Mozambique, Papua New Guinea, Nigeria, Philippines, Qatar, Russia, the UAE, Angola, Mauritius, and Brazil.

Products Portfolio Classification

The B2C segment includes branded wellness and clinical products such as OBESIGO, PEDIAGOLD, and PENTASURE, and the recently launched NUTRONE.

The B2B2C segment focuses on customized vitamin and mineral premixes supplied to leading Indian and multinational FMCG companies for food fortification.

The ESG segment comprises Ready-to-Use Foods (RUFs) and Micronutrient Powders (MNPs).

R&D Team

The Company’s R&D team comprises 11 professionally qualified and experienced members and strives to identify and develop new applications, combinations, and dosages of active nutrients with beneficial health effects in order to increase our product portfolio.

Manufacturing Facilities

The Company has three (3) manufacturing facilities in Nasik (Maharashtra), Chennai (Tamil Nadu), and Thoothukudi (Tamil Nadu).

Also Read – CMR Green Technologies IPO Review

Distribution Network

Over the years, the company’s distribution network has spread to around 25 regional distributors in Latin America, South East Asia, Africa, and the Middle East.

Hexagon has 3 international offices in Hong Kong, South Africa, and Uzbekistan.

Strategies Ahead

Emphasis on the branded nutrition product segment

Capitalising on growing nutritional awareness and requirements

International expansion by creating geographical footprints

Launch products in new therapy areas / new delivery systems

Company Promoters

1. Arun Purushottam Kelkar,
2. Subhash Purushottam Kelkar,
3. Vikram Arun Kelkar,
4. Aditya Kelkar,
5. Nikhil Arun Kelkar.

Refer to Hexagon nutrition ipo DRHP for further details.

IPO Details

ipo date: 5 June – 9 June 2026

Minimum Amount: ₹14,985

Minimum Bid: 333 Shares

Face Value: INR 1 per share

Listing On: NSE, BSE

Financial

Book Running Lead Managers

Equirus Capital

SBI Capital Markets

CONCLUSION

Considering the nature of the business, financial performance, and the above-listed factors in mind, FinBlab recommends ‘SUBSCRIBE‘ ratings on Hexagon Nutrition Limited IPO.

Do come back to know more about upcoming ipos.

Disclaimer: This article is purely for informational purposes. While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Hexagon Nutrition IPO Review, Update appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

R R Kabel: History

The Company was originally incorporated as ‘Ram Ratna Agro-Plast Limited’ at Mumbai, Maharashtra, India, as a public company under the Companies Act, 1956, on February 6, 1995.

Its name was subsequently changed to ‘R R Kabel Limited’ to align with the company’s business activities, and a fresh certificate of incorporation was issued by the RoC on November 8, 2000.

R R Kabel: Business

R R Kabel Ltd is one of India’s largest conglomerates in the electrical sector.

It is one of the leading companies in the Indian consumer electrical industry, comprising wires & cables and FMEG (fast-moving electrical goods), with an operating history of over 25 years in India.

The Company’s products used for commercial, residential, industrial, and infrastructure purposes.

Business Segment

The Company sells its products across two broad segments –

1. Wires and Cables, including house wires, industrial wires, power cables, and special cables; and
2. FMEG, including fans, lighting, switches, and appliances.

The Company undertakes the manufacturing, marketing, and sale of wires and cable products under our ‘RR Kabel’ brand, and a variety of consumer electrical products, including fans and lights, under the ‘RR’ brand.

It also manufactures, markets, and sells fans and lights under the ‘Luminous Fans and Lights’ brand.

According to the Technopak Report, R R Kabel is the first company in India to introduce low smoke zero halogen (LS0H) insulation technology in wires and cables products, and to introduce unilay core technology (heat resistant and flame retardant) products.

Also Read – GST collections May 2026

Capacity Expansion

The company has planned a total capital expenditure of INR 1,450 Crs to expand its Wires & Cables capacity. Source – Company website.

INR 1,050 Crs will be invested at Waghodia, Vadodara, to add 36,000 MT per annum, with the expansion executed in phases and targeted for completion by March 2028.

An additional INR 400 Crs is allocated for Silvassa, including INR 150 Crs for a new unit adding 6,000 MT per annum, and INR 250 Crs for Phase 1 (12,000 MT), which is already underway and expected to be operational soon.

Manufacturing Facilities

The Company owns and operates two integrated manufacturing facilities that carry out manufacturing operations in respect of wire and cables and switches.

(1) Waghodia Facility at Waghodia, Gujarat, and

(2) Silvassa Facility at Silvassa, Dadra and Nagar Haveli, and Daman and Diu.

Additionally, it owns and operates three integrated manufacturing facilities which carry out manufacturing operations in respect of FMEG products.

(1) Roorkee Facility located at Roorkee, Uttarakhand,

(2) Bengaluru Facility located at Bengaluru, Karnataka, and

(3) Gagret Facility at Gagret, Himachal Pradesh.

Last Value Pick Stock – Happy Forgings Limited (15% returns in 3 months)

Long-Term Growth Story

According to various research reports, India’s transformer capacity could nearly triple to 300 GVA by FY2028 as power grids expand for AI data centers, residential and commercial construction, renewables, and Evs. Hidden deeper in the value chain, a quiet manufacturing niche (wire and cable) may be set for a long growth cycle.

The global electrical infrastructure is entering a long investment cycle, driven by grid modernization, renewable energy expansion, urbanization, and rising electricity demand from AI-led data centers, creating strong demand tailwinds for winding wire manufacturers.

Products like magnet winding wire, continuously transposed conductors, copper foils, and aluminium are used in electric motors, power transformers, Electric Vehicle traction motors, and industrial equipment. This makes them essential to the global electrification story.

The biggest tailwind comes from a growing supply-demand mismatch in the Transmission & Distribution sector. As India expands and modernizes power networks, demand for transformers has surged.

The National Electricity Plan also aims to invest approximately ₹9 lakh crore between 2023 and 2032, providing structural momentum.

Listed On

The shares of R R Kabel Limited are presently listed on the Bombay Stock Exchange (BSE), CODE 543981, and National Stock Exchange (NSE) as RRKABEL.

Stock Info

Share Holding Pattern

Financial

Conclusion

RR Kabel holds approximately 5 percent market share by value in the overall Indian wires and cables industry, placing it among the top five players nationally.

Promoters of the company hold more than 61 percent stake in the company.

Along with this, some of the top institutions, such as Aditya Birla Sun Life, DSP Small Cap Funds, and ICICI Prudential, hold more than 1 percent stakes in the company (as of March 2026).

The Company reported a record-breaking Q4 FY2026, achieving its highest-ever quarterly and annual revenue, crossing the $1 billion milestone. Net sales surged 33.65% y-o-y to ₹2,964.14 crore, while Profit After Tax jumped 30.06% to ₹167.95 crore.

On the technical front, R R Kabel’s share is trading above its 20-day SMA (2,005) and 200-day SMA (1,445) on the daily chart.

Considering the above-listed factors in mind, R R Kabel Limited looks good at ₹2150 – ₹2200.

FinBlab recommends investing in a stock, keeping a long-term (2 to 3 years) view in mind. (One can also accumulate on a decline, also).

Check the list of “upcoming ipos”

Disclaimer: This article is purely for informational purposes. While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post R R Kabel Limited: Value Pick Stock June 2026 appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Om Power Transmission Limited, a power transmission EPC company in India, made a decent start on the bourses on Friday, 17 April 2026.

A reasonable listing was expected, as the company’s ₹150 Crore IPO received a 3.33 times subscription (according to the National Stock Exchange data) during March 9-13.

The shares of Om Power Transmission were listed at INR 186 apiece on the National Stock Exchange (NSE), a premium of 6.30% compared to the IPO price band of INR 166 – INR 175.

On the Bombay Stock Exchange (BSE), the company’s shares were listed at INR 181.10 per share, representing a premium of 3.50%.

The Stock made an intra-day high of INR 195.30 and a low of INR 186 before closing at ₹193.40 (up 10.50%) on the NSE at the market’s close.

In terms of volumes, OMPOWER traded with 2,366,480 shares on the NSE.

Finblab.com view (at the time of IPO)

Do come back to know more about “upcoming ipos“

9 April 2026

Om Power Transmission Limited, a power transmission infrastructure EPC company in India, plans to raise ₹150 crores through an IPO.

[Fresh Issue ₹133 Cr + OFS ₹17 Cr]

Om Power Transmission share price is ₹166 to ₹175 per share.

Om Power Transmission: History

The Company was originally incorporated as Om Power Transmission Private Limited, a private limited company under the Companies Act, 1956, on June 29, 2011.

The Company was then converted into a public limited company on September 8, 2025, under a special resolution passed by the shareholders.

Its name was subsequently changed to Om Power Transmission Limited, and a fresh certificate of incorporation was issued by the RoC on September 15, 2025.

Om Power Transmission: Business

Om Power Transmission Ltd is a power transmission infrastructure Engineering, Procurement, and Construction (EPC) company in the country with more than 14 years of experience.

The Company’s expertise lies in the execution of high-voltage (HV) and extra-high-voltage (EHV) transmission lines, substations, and underground cabling projects, all delivered on a turnkey basis.

The projects encompass design, engineering, supply, erection, installation, testing, commissioning, and comprehensive operation and maintenance (O&M) services.

The Company’s business verticals (services) are classified as below –

1. Transmission Line EPC Projects
2. Underground Cable Projects
3. Substation EPC Projects
4. Operation and Maintenance Services

Total Transmission Lines

Since the commencement of its operations in 2011 in the State of Gujarat, India, Om_Power has commissioned (1) transmission lines, (2) substations, and (3) underground cables, covering in aggregate over 1,000 circuit kilometers (CKM) of transmission lines and 11 substations, respectively.

Order Book

As of December 31, 2025, the company’s unexecuted Order Book comprised 58 projects, totaling INR 74,460.27 lakhs, including 7 O&M contracts and 51 EPC projects.

Client List

The Company’s client base comprises public sector undertakings and private clients. Major clients include –

• Power Utilities & Grid Operators,
• Industrial & Corporate Users,
• Renewable Energy Developers & Solar Park Operators,
• Transportation & Infrastructure Projects, and
• Operation & Maintenance.

ALSO READ: GST collections March 2026

Certification

The Company is certified under –

ISO 9001:2015 (Quality Management),

ISO 45001:2018 (Occupational Health & Safety Management),

ISO 14001:2015 (Environmental Management), and

AA Class certification from GETCO.

Strategies Ahead

Strengthen company presence by expanding geographical footprint.

Focus on increasing operational efficiency and cost management.

Capitalizing on power transmission and distribution demand by bidding for large-scale and high-value projects across India.

Company Promoters

1. Kalpesh Dhanjibhai Patel,
2. Kanubhai Patel,
3. Vasantkumar Narayanbhai Patel.

Refer to Om Power Transmission DRHP for more information.

IPO Details

ipo date: 9 – 13 April 2026

Minimum Amount: ₹14,875

Minimum Bid: 85 Shares

Face Value: INR 10 per share

Listing On: NSE, BSE

Object of the IPO

1) Funding of capital expenditure requirements towards the purchase of machinery and equipment

2) Pre-payment (re-payment), in part or in full, of certain outstanding borrowings,

3) Funding long-term working capital requirements, and

4) General Corporate Purposes.

Finaicial

Book Running Lead Manager

Beeline Capital Advisors

CONCLUSION

Considering the nature of the business, financial performance, and the above-listed factors in mind, FinBlab recommends ‘MAY SUBSCRIBE‘ ratings on Om Power Transmission IPO.

Do check the list of “upcoming ipos“

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I (Vishal Dalwadi) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Om Power Transmission IPO Review, Update appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Amir Chand Jagdish Kumar (Exports) Limited, a company known for producing and exporting basmati rice in India, made a disappointing debut on the bourses on Thursday, 2 April 2026.

A weak debut was a little bit surprising (grey market indicated 2 percent premium), as the company’s INR 440 crore IPO received a 3.23 times subscription (according to the NSE data) during March 24-27.

The shares of Amir Chand Jagdish Kumar were listed at INR 200 apiece on the National Stock Exchange, a discount of nearly 6 percent compared to the IPO price band of INR 201 – INR 212.

On the BSE, the company’s shares were listed at INR 195 per share, representing a discount of 8 percent.

The Stock made an intra-day high of INR 200 and a low of INR 180 before closing at ₹180 (down 15%) on the NSE at the market’s close.

In terms of volumes, AMIRCHAND traded with 17,587,998 shares on the NSE.

Finblab.com view (at the time of IPO)

Do come back to know more about “upcoming ipos“

20 March 2026

Amir Chand Jagdish Kumar (Exports) Limited, a processor and exporter of basmati rice and FMCG products in India, is planning to raise ₹440 crores through an initial public offering.

[Fresh Issue ₹440 Cr + OFS NIL]

Amir Chand Jagdish Kumar share Price is ₹201 to ₹212 per share.

Amir Chand Jagdish Kumar (Exports): History

The Company was incorporated in the style and name of Amir Chand Jagdish Kumar (Exports) Limited as a public limited company under the Companies Act, 1956, on August 29, 2003.

The Registrar of Companies (RoC), NCT of Delhi and Haryana, granted a certificate for the commencement of business on May 13, 2004.

Amir Chand Jagdish Kumar (Exports): Business

Amir Chand Jagdish Kumar (Exports) Ltd is a well-known producer and exporter of basmati rice in India.

According to the CARE report, Amir Chand Jagdish Kumar is one of the few Indian companies with fully integrated operations, spanning the entire basmati rice value chain, encompassing procurement, processing, storage, marketing, and sales.

The Company’s business (products) are broadly classified into two segments:

1. RICE: Basmati rice, Idli rice, Kolam rice, Ponni rice, and Sona masuri.
2. FMCG: Gram flour (besan), Instant phirni, Refined wheat flour (maida), Semolina (sooji), Wheat flour (atta), Salt, Sugar, and other kitchen essential supplies.

The Company sells its products under the flagship trademarked brand AEROPLANE.

Other sub-brands for various products of the company include –

• Aeroplane La-Taste,
• Aeroplane Classic,
• Ali Baba,
• World Cup, and
• Jet.

Trademarks & Copyrights

As of January 31, 2026, Amir Chand Jagdish Kumar has registered a total of 100 trademarks (comprising 70 trademarks in India and 30 trademarks in Africa, Europe, and Asia), along with 22 copyrights in India.

Export Market

The major export destinations of the company are the Middle East nations, including Iraq, Iran, Saudi Arabia, and the UAE.

Manufacturing Facilities

As of December 31, 2025, the company operates with three (3) manufacturing, processing, and packaging facilities across India, located in the states of Haryana, New Delhi, and Punjab.

ALSO READ: Central Mine Planning & Design Institute IPO Review

Strategies Ahead

• Promotion of brands and marketing initiatives,
• Geographical expansion of products in the Indian market,
• Expanding the company’s reach into various FMCG products,
• Improving operational efficiency with better utilization of units.

Company Promoters

1. Jagdish Kumar Suri,
2. Rahul Suri,
3. Ramnika Suri.

Refer to Amir chand jagdish kumar exports limited drhp for further details.

IPO Details

IPO date: 24 – 27 March 2026

Minimum Amount: ₹14,840

Minimum Bid: 70 Shares

Face Value: ₹10

Listing On: NSE, BSE

Object of the IPO

1) Funding the working capital requirements of the Company,

2) General Corporate Purposes.

Financial

Book Running Lead Managers

Emkay Global Financial Services

Keynote Financial Services

CONCLUSION

Considering the nature of the business, financial performance, and the above-listed  factors in mind, FinBlab recommends ‘NEUTRAL‘ ratings (for the time-being) on Amir Chand Jagdish Kumar IPO.

Do check the list of “upcoming ipos“

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I (Vishal Dalwadi) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Amir Chand Jagdish Kumar (Exports) IPO Review, Update appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

GSP Crop Science Limited, a company specializing in the development & manufacturing of fungicides, herbicides, insecticides, and plant growth regulators in India, made a fine listing on Tuesday, March 24, 2026.

A reasonable listing was expected, as the company’s ₹400 Crore IPO received a 1.61 times subscription (according to the National Stock Exchange data) during March 16-18.

The shares of GSP Crop Science were listed at ₹328 apiece on the NSE, a premium of 2.5 percent, against the IPO price band of ₹304 – ₹320.

On the Bombay Stock Exchange, the company’s shares were listed at ₹332.30 per share, representing a premium of 3.85 percent.

The Stock made an intra-day high of ₹364 and a low of ₹328 before closing at ₹356.25 (up 11.3 percent) on the NSE at the market’s close.

In terms of volumes, GSP_Crop_Science traded with 8,598,096 shares on the NSE.

Finblab.com view (at the time of IPO)

Do come back to know more about “upcoming ipos“

Disclaimer: The contents and data presented here are just for your information & personal use only. While much time and effort is made to provide the information, I (Vishal Dalwadi) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

13 March 2026

GSP Crop Science Limited, a research-driven agrochemical company in India, plans to raise ₹400 crore through an initial public offering.

[Fresh Issue ₹240 Cr + OFS ₹160 Cr]

Gsp crop science ipo price is ₹304 – ₹320 per share

GSP Crop Science: History

The Company was originally incorporated as Gujarat Superphosphate Industries Private Limited, a private limited company under the Companies Act, 1956, on February 12, 1985.

The Company was then converted into a public limited company under a special resolution passed in the EGM by the shareholders on October 7, 2024.

Its name was subsequently changed to GSP Crop Science Limited under a fresh certificate of incorporation issued by the RoC on November 6, 2024.

GSP Crop Science: Business

GSP Crop Science Ltd is a research-driven agrochemical company, specializing in the development and manufacturing of insecticides, fungicides, herbicides, and plant growth regulators (PGRs) in India.

Find the Gsp crop Science product list.

The Company mainly provides crop protection solutions to its clients.

These solutions are designed to support farmers in maximizing productivity and achieving optimal agricultural output through the development, manufacturing, supply, and distribution of

1. Formulations, and
2. Technicals.

According to the ICRA Report, GSP has a proven track record of introducing Formulations and Technicals to the Indian agrochemicals market.

As of December 31, 2025, GSP Crop has an annual aggregated installed capacity of 43,672 MTPA for Formulations and 15,120 MTPA for Technicals.

Patents

The company’s constant research and development (R&D) efforts over the last 39 years have led to the grant of 102 patents.

It also has 108 patent applications under process as of the date of this Draft Red Herring Prospectus.

Manufacturing Facilities

As of September 30, 2025, the company has four manufacturing facilities located at,

1. Odhav (Ahmedabad, Gujarat),
2. Kathwada (Ahmedabad, Gujarat),
3. Nandesari (Vadodara, Gujarat), and
4. Samba (UT of Jammu & Kashmir).

Client List

GSP has adopted a multi-faceted approach by establishing a presence in both international and domestic markets.

For the International Business, the company catered to clients in 39 countries, including those in the Asia Pacific (excluding India), Latin America, North America, and other geographies.

For the Domestic Business, the company caters to Bharat Rasayan Limited, Dharmaj Crop Guard Limited, Indogulf Cropsciences Limited, SML Limited, Willowood Chemicals Limited, and Agrico Organics Limited.

ALSO READ – Happy Forgings Limited (Value Pick Stock March 2026)

Strategies Ahead

• Expand product offerings by leveraging R&D capabilities.
• Expand into international markets and capitalize on the growing agrochemical industry.
• Diversify client base and increase wallet share with existing customers.
• Optimization of manufacturing capabilities through backward integration.
• Focus on improving operational efficiencies.
• Reduction of leverage and borrowings.

Company Promoters

1. Bhavesh Vrajmohan Shah,
2. Tirth Kenal Shah,
3. Vilasben Vrajmohan Shah,
4. Falguni Kenal Shah,
5. Alpha Trust,
6. Kappa Trust.

Refer to the GSP Crop Science DRHP for further details.

IPO Details

IPO date: 16 – 18 March 2026

Minimum Amount: ₹14,720

Minimum Bid: 46 Shares

Face Value: ₹10

Listing On: NSE, BSE

Object of the IPO

(1) Full (part) repayment of outstanding secured borrowings, and

(2) General corporate purposes.

Financial

Book Running Lead Managers

Equirus Capital
Motilal Oswal Investment Advisors

CONCLUSION

Considering financial performance, nature of the business, and the above-listed  factors in mind, FinBlab recommends ‘MAY SUBSCRIBE‘ ratings on GSP Crop Science IPO.

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Disclaimer: The contents and data presented here are just for your information & personal use only. While much time and effort is made to provide the information, I (Vishal Dalwadi) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post GSP Crop Science IPO Review, Update appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

[Fresh Issue ₹700 Cr + OFS ₹400 Cr]

Powerica ipo price is ₹375 to ₹395 per share.

Powerica: History

The Company was originally incorporated as Consolidated Power Systems Private Limited, a private limited company under the Companies Act, 1956, on May 4, 1984.

The Company was then converted into a public limited company on June 15, 1988, under a special resolution passed by the shareholders.

Its name was subsequently changed to Powerica Limited, and a fresh certificate of incorporation was issued by the Registrar of Companies on October 5, 1989.

Powerica: Business

Powerica Ltd is an integrated power solutions provider in the country, specializing in DG sets (diesel generator sets), for both primary and standby applications.

Later, the company expanded its generator portfolio to include MSLG (medium-speed large generators) in 1996.

Combining DG sets and MSLG, Powerica offers a comprehensive range of generator sets with capacities ranging from 7.5 kVA to 10,000 kVA, designed to meet the diverse requirements of various applications and industries.

The Company’s business operations are primarily divided into 3 divisions –

Generator Set Business Division: Diesel Generator sets (DG sets) powered by Cummins engines, Medium Speed Large Generators (MSLG) in association with Hyundai, and Allied Business

Wind Power Business Division

Retrofit Emission Control Devices (RECD) Division

Manufacturing Facilities

The company operates three (3) manufacturing facilities in Bengaluru, Khopoli, and Silvassa.

Strategies Ahead

Capitalize on the continued demand for Generator Sets,

Develop Wind Power Business,

Diversify into wind and solar hybrid projects,

Develop allied businesses and the RECD business through associates,

Develop and strengthen alliances to improve position in India,

Evaluate expansion opportunities.

Company Promoters

1. Naresh Chander Oberoi & Naresh Oberoi Family Trust,
2. Bharat Oberoi & Bharat Oberoi Family Trust,
3. Renu Naresh Oberoi,
4. Jai Ram Oberoi,
5. Kabir and Kimaya Family Private Trust.

Refer to Powerica RHP for more details.

IPO Details

Powerica ipo date: 24 – 27 March 2026

Minimum Amount: ₹14,615

Minimum Bid: 37 Shares

Face Value: ₹5

Listing On: NSE, BSE

Object of the IPO

1) Prepayment (repayment) of outstanding borrowings availed by the Company

2) General corporate purposes.

Financial

Book Running Lead Managers

ICICI Securities,

IIFL Securities,

Nuvama Wealth Management.

CONCLUSION

Considering financial performance, nature of the business, and the above-listed  factors in mind, FinBlab recommends ‘MAY SUBSCRIBE‘ ratings on Powerica Limited IPO.

Do check the list of “upcoming ipos“

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I (Vishal Dalwadi) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Powerica IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

[Fresh Issue ₹285 Cr + OFS ₹124 Cr]

Sai parenterals ipo price is ₹372 to ₹392 per share.

Sai Parenterals: History

The Company was initially incorporated as Sai Parenteral’s Private Limited, a private limited company under the Companies Act, 1956, on January 12, 2001.

The Company was then converted into a public limited company, on January 5, 2022, under a special resolution passed by the shareholders.

Its name was subsequently changed to Sai Parenterals Limited, and a fresh certificate of incorporation was issued by the RoC on January 17, 2022.

Sai Parenterals: Business

Sai Parenterals Limited is a diversified pharmaceutical formulations company in the country with capabilities in research, development, and manufacturing.

The company’s business can be broadly classified into two segments –

1. Branded Generic Formulations: These are pharmaceutical products that are produced and sold by a company under its own brand name, typically after the original patent has expired.
2. Contract Development and Manufacturing Organisation (CDMO): This business involves designing and developing new pharmaceutical products, which require product approvals and international regulatory filings to sell a drug (medicine) and commercial manufacturing.

The company’s product portfolio includes antibiotics, anti-diabetics, analgesics, cardiovascular, gastroenterology, minerals and supplements, neuropsychiatry, respiratory health, vitamins, and dermatology (in dosage forms such as capsules, injectables, liquid orals, tablets, and ointments).

Sai parenterals exports its products to the Regulated and Semi-Regulated Markets of Africa, Australia, the Middle East, New Zealand, and Southeast Asia through distributors.

Manufacturing Facilities

As of this DRHP, the company owns and operates five (5) manufacturing facilities in India.

These manufacturing facilities are spread across an area of 1,14,540 sq. ft. and have a combined installed capacity of 1,160 million units per annum on a single-shift basis.

Strategies Ahead

Expansion into the global injectable formulations market.

Capitalise on the CDMO opportunity by leveraging manufacturing capabilities.

Grow the Branded Generic Formulations business in the international markets.

Expand capabilities through strategic acquisitions.

Strengthening presence in Regulated Markets through Noumed’s upcoming manufacturing facility in Australia.

Focus on developing new products to drive future growth,

Company Promoters

Anil Kumar Karusala,

Vijitha Gorrepati,

Karusala Aruna.

Refer to Sai parenterals limited drhp for further details.

IPO Details

Sai Parenterals IPO date: 24 – 27 March 2026

Minimum Amount: ₹14,896

Minimum Bid: 38 Shares

Face Value: ₹5

Listing On: NSE, BSE

Objectives of the IPO

1) Capacity expansion and upgradation of manufacturing facilities

2) Establishment of a new R&D Centre

3) Funding the working capital requirements of the Company

4) Repayment (prepayment) of outstanding borrowings

5) Repayment of bridge loan and term loan (for Sai Parenterals Pte Limited, Singapore (wholly owned subsidiary),

6) General corporate purposes.

Financial

Book Running Lead Manager

Arihant Capital Markets

CONCLUSION

Considering financial performance, nature of the business, and the above-listed  factors in mind, FinBlab recommends ‘NEUTRAL‘ ratings (for the time-being) on Sai Parenterals IPO.

Do check the list of “upcoming ipos“

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I (Vishal Dalwadi) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Sai Parenterals IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Sedemac Mechatronics Limited, a company that sells innovative control products to the original equipment manufacturers, made a fine listing on Wednesday, March 11, 2026.

A reasonable listing was expected, as the company’s ₹1,087 Crore initial public offering received a 2.68 times subscription (according to NSE data) during March 4-6.

The shares of Sedemac Mechatronics were listed at ₹1535 apiece on the National Stock Exchange, a premium of 13.5 percent, against the IPO price band of ₹1287 – ₹1352.

On the Bombay Stock Exchange, the company’s shares were listed at ₹ 1,510 per share, representing a premium of 11.7 percent.

The Stock made an intra-day high of ₹1613.50 and a low of ₹1420 before closing at ₹1451.10 (up 7.3 percent) on the NSE at the market’s close.

In terms of volumes, Sedemac_Mechatronics traded with 3,815,477 shares on the NSE.

Finblab.com view (at the time of IPO)

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1 March 2026

Sedemac Mechatronics Limited, a company that sells innovative and critical-to-the-application control products to the OEMs, plans to raise ₹1,087 crore through an IPO.

[Fresh Issue NIL + OFS ₹1,087 Cr]

Sedemac mechatronics ipo price is ₹1287 – ₹1352 per share

Sedemac Mechatronics: History

The Company was initially incorporated as SEDEMAC Mechatronics Private Limited, a private limited company, under the Companies Act, 1956, on July 18, 2007.

The Company was then converted into a public limited company under a special resolution passed by the shareholders in an Extraordinary General Meeting on June 7, 2024.

Its name was subsequently changed to SEDEMAC Mechatronics Limited under a fresh certificate of incorporation issued by the Registrars of Companies on September 2, 2024.

Sedemac Mechatronics: Business

Sedemac Mechatronics Ltd is a leading supplier of control-intensive, critical-to-the-application electronic control units (ECUs) to the leading original equipment manufacturers (OEMs) in the industrial and mobility markets in India, Europe, and the United States.

According to the CRISIL Report, SEDEMAC is the first company in India to design, develop, and manufacture sensorless commutation-based integrated starter generators (ISG ECU) for two-wheelers and three-wheelers internal combustion engine (ICE)-powered vehicles.

The Company held 30 percent market share of the domestic ISG ECU market (for two-wheelers and three-wheelers combined) in terms of volume and is amongst the top 4 players for FY 2025, as per the CRISIL Report.

SEDEMAC is also the leader in India for the genset controllers (GC) market with a market share of 75 percent in FY 2025.

It is among the key global players with a market share of 14 percent globally in genset controllers and EFI ECUs.

Product List

Manufacturing Facilities

As of the date of this Draft Red Herring Prospectus (DRHP), the company operates with two technical centers and two operational manufacturing facilities, located at Pune, Maharashtra, India.

Strategies Ahead

• Expand technologies and product portfolio across multiple markets.
• Drive product and technology differentiation.
• Offer a suite of control-intensive products for each market.
• Build and sustain strong partnerships with market leaders.
• Leverage synergies across markets, products, and supply chains

Company Promoters

1. Shashikanth Suryanarayanan,
2. Amit Arun Dixit,
3. Manish Sharma,
4. Anaykumar Avinash Joshi.

Refer to SEDEMAC Mechatronics DRHP for detailed information.

IPO Details

Sedemac IPO date: 4 – 6 March 2026

Minimum Amount: ₹14,872

Minimum Bid: 11 Shares

Face Value: ₹10

Listing On: NSE, BSE

Financial

Book Running Lead Managers

ICICI Securities

Avendus Capital

Axis Capital

CONCLUSION

FinBlab recommends ‘SUBSCRIBE‘ ratings (keeping a long-term view in mind) on Sedemac Mechatronics IPO.

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Disclaimer: The contents and data presented here are just for your information & personal use only. While much time and effort is made to provide the information, I (Vishal Dalwadi) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Sedemac Mechatronics IPO Review, Update appeared first on Upcoming ipos: Latest news on stocks, economy & finance.