[Fresh Issue NIL + OFS ₹2,534 Cr]

Bonfiglioli transmissions ipo price: ₹558–₹586 per share

Bonfiglioli Transmissions: History

The Company was originally incorporated as Bonfiglioli Deepak Pvt Ltd., at Chennai, Tamil Nadu, India, as a private limited company under the Companies Act, 1956, on June 23, 1998.

It was then converted into a public limited company on September 1, 2025, by a special resolution passed by the shareholders.

The Company changed its name to Bonfiglioli Transmissions Limited, and the RoC issued a fresh certificate of incorporation on September 16, 2025.

Bonfiglioli Transmissions: Business

Bonfiglioli Transmissions Limited is the Indian subsidiary of the Italy-based Bonfiglioli Group and has operated in the country since 1999.

The company designs, manufactures, and services mechanical and electro-mechanical power transmission products, gear motors, gearboxes, and inverter drive systems.

The markets that Bonfiglioli caters to are broadly categorized into three business verticals –

1. Industry and Automation Solutions: It caters to sectors such as chemicals, food processing, material handling, mining, metalworking, and pharmaceuticals.
2. Off-Highway Mobility: It supplies specialised drives for agricultural machinery, construction equipment, excavators, and mining applications.
3. Wind Industries: This division manufactures yaw and pitch drives used in wind turbines.

According to the DRHP, the company was India’s largest manufacturer of gearboxes below 15 kNm and drives across its served industrial segments by revenue as of June 30, 2026.

Manufacturing Facilities

As of September 30, 2025, the company operated three manufacturing facilities in India, two in Tamil Nadu (Thirumudivakkam and Mannur) and one in Maharashtra (Talegaon).

These three facilities manufactured a combined total of 330,057 units of gear motors and gearboxes in FY24.

Network

As of June 30, 2026, the company had 71 touchpoints for customer sales and service across India.

These include 13 authorized third-party service facilities, 13 sales offices, and 44 authorized dealers with 54 outlets.

It has a network of 285 suppliers (215 in India and 70 overseas), including in Italy, China, Germany, and the USA.

ALSO READ: Atlanta Electricals Ltd (Value Pick Stock October 2026)

Strategies Ahead

Strengthen market leadership position by capitalizing on industry tailwinds across three business verticals.

Broaden product portfolio and accelerate new product launches.

Strengthen manufacturing operations with increasing local sourcing.

Strengthen market access & client relationships while remaining cost-effective.

Company Promoters

1. Sonia Bonfiglioli,
2. Luciano Bonfiglioli,
3. Luisa Lusardi,
4. Bon-Fi S.R.L.,
5. Bonfiglioli S.P.A.

Refer to the Bonfiglioli Transmissions Limited DRHP for more details.

IPO Detail

ipo date: 15 Oct – 19 Oct 2026

Minimum Amount: ₹14,650

Minimum Bid: 25 Shares

Face Value: INR 10 per share

Listing On: NSE, BSE

Financial

Book Running Lead Managers

Axis Capital

BNP Paribas

ICICI Securities

Jefferies India

CONCLUSION

Considering financial performance and the nature of the business, FinBlab recommends a ‘SUBSCRIBE’ rating (keeping a long-term view in mind) for the Bonfiglioli Transmissions Limited IPO.

Do come back to learn 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 Bonfiglioli Transmissions IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

[Fresh Issue NIL + OFS ₹475 Cr]

Sahajanand medical technologies ipo price: ₹327–₹344 per share

Sahajanand Medical Technologies: History

The Company was initially formed as a partnership firm, M/s Sahajanand Vascular Technoventions, under a partnership deed dated October 25, 1999.

The partnership firm was then converted into a joint stock company and was registered as Sahajanand Medical Technologies Pvt Ltd on October 18, 2001.

The Company changed its name to Sahajanand Medical Technologies Ltd and the RoC issued a fresh certificate of incorporation on May 07, 2021.

ALSO READ: Fusion CX IPO Review

Sahajanand Medical Technologies: Business

Sahajanand Medical Technologies Ltd is a Class III and Class C/D medical devices company with a portfolio of technologically advanced medical devices across

Vascular Intervention (VI), and

Structural Heart Intervention (SH).

The Company’s portfolio of

• VI Products includes coronary intervention products such as coronary stents and coronary balloons,
• SH Products includes Trans-Catheter Aortic Valve (TAVI) and Occluders, and
• Other Products include its own brand of renal stents, peripheral DCBs, and other trading products.

The company has established a strong position in the Indian Drug-Eluting Stent (DES) market, accounting for nearly 25% of total sales volume in FY26.

According to the F&S Report, SMT was the first company globally to receive CE certification for a biodegradable polymer-based paclitaxel-eluting stent (Infinnium) in December 2025.

The Company markets its products in 76 countries through a mix of direct, hybrid, and distributor-led models.

Clinical Foundation

The Company has built a strong clinical foundation for its flagship products, i.e., Supraflex Cruz, Hydra, Pipit, and Cocoon.

This foundation is supported by 72 clinical studies (60 completed and 12 ongoing) across diverse geographies and patient populations.

Manufacturing Facilities

As of the date of this DRHP, the company has three manufacturing facilities, two located in India and one in Thailand.

READ THIS: Atlanta Electricals Ltd (Value Pick Stock October 2026)

Strategies Ahead

Drive revenue growth through penetration and the new product launch.

Developing high-value clinically proven products.

Evaluate opportunities for strategic M&As and entry into large markets.

Focus on improving operational efficiency.

Company Promoters

1. Bhargav Dhirajlal Kotadia,
2. Dhirajlal Vallabhbhai Kotadia,
3. Priyanka Dhirajlal Cohen, and
4. Shree Hari Trust.

Refer to Sahajanand Medical Technologies IPO DRHP for more information.

IPO Detail

ipo date: 15 Oct – 19 Oct 2026

Minimum Amount: ₹14,792

Minimum Bid: 43 Shares

Face Value: INR 1 per share

Listing On: NSE, BSE

Financial

Book Running Lead Managers

Avendus Capital,

HSBC Securities and Capital Markets,

Nuvama Wealth Management,

Motilal Oswal Investment Advisors.

CONCLUSION

Considering financial performance and the nature of the business, FinBlab recommends a ‘NEUTRAL’ rating for the Sahajanand Medical Technologies IPO.

Do come back to learn 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 Sahajanand Medical Technologies IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

“Received A New Contract from Chhattisgarh Authority”

Innovision Ltd, a company that provides toll plaza management, manpower services, and skill development training, on Friday, October 9, 2026, announced that –

The Company has received a Letter of Award (LoA) from the Health and Family Welfare Department, Chhattisgarh, a domestic authority. Source: BSE.

Order Details: According to the BSE data, Innovision has received a Work Order for Engagement of Security Manpower Service (Version 2.0) – Office/Commercial/Institutions/Residential; Unarmed Security Guard, Security Manpower Services (Version 2.0) – Office/Commercial/Institution/Residential; Security Marshal (Bouncer) from Directorate of Medical Education, Chhattisgarh.

Order Value: Health and Family Welfare Department, Chhattisgarh (Directorate of Medical Education) granted an order worth ₹2,40,00,000 (Two Crores Forty Lakhs Only).

Time Period: 1 year is the time horizon by which the order is to be executed.

Exchange Compliance: The Company has filed these details in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The management also said the promoter or promoter group has no interest in the awarding entity.

Share of Innovision Ltd closed at ₹251 on October 9.

ALSO READ: Atlanta Electricals Ltd (Value Pick Stock October 2026)

8 March 2026

Innovision Limited, a company that operates at the intersection of infrastructure management and workforce execution in India, plans to raise ₹323 crore through an IPO.

[Fresh Issue ₹255 Cr + OFS ₹68 Cr]

Innovision ipo price is ₹521 – ₹548 per share

Innovision: History

The Company was initially incorporated as SRT Innovision Services Private Limited, a private limited company, under the Companies Act, 1956, on January 11, 2007.

The Company was then converted into a public limited company under a special resolution passed by the shareholders in the EGM on November 19, 2010.

Its name was subsequently changed to Innovision Limited under a fresh certificate of incorporation issued by the Registrars of Companies on March 2, 2011.

Innovision: Business

Innovision Ltd. is in the business of providing toll plaza management, manpower services, and skill development training to its clients nationwide.

The Company started its business operations with a single service domain, providing manned private security services in the year 2007, and gradually diversified its business to provide a suite of manpower services.

Key clients of the company in India include healthcare, retail, warehousing, logistics, and the BFSI sector.

As of December 31, 2025, Innovision had provided services to over 1,000 client locations and over 180 clients in a variety of industries.

India Presence

The Company operates in 3 union territories and 22 states in India.

It possessed a license to provide manned private security services under the PSARA Act in 18 States and 4 Union Territories in India.

ALSO READ – Rajputana Stainless IPO Review

Strategies Ahead

• Leveraging capabilities to increase the scale of operations
• Bids for more toll plazas and targeting new clients in manpower services
• Adoption of technologies to diversify the manpower services portfolio
• Grow client base for integrated facility management services.
• Expanding into the Drone Training and Manufacturing Industry
• Expansion of footprint outside India

Company Promoters

1. Lt Col Randeep Hundal,
2. Uday Pal Singh.

Refer to Innovision DRHP for detailed information.

IPO Dates

IPO Details

Object of the IPO

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

(2) Funding Working Capital requirements,

(3) General corporate purposes.

Financial

Book Running Lead Manager

Emkay Global Financial Services

CONCLUSION

Considering general business conditions, financial performance, and the above-listed factors in mind, FinBlab recommends ‘MAY SUBSCRIBE‘ ratings on Innovision Limited 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.

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

“Received a Letter of Intent from Rajdhani Power”

Pace Digitek Ltd, an integrated provider of energy solutions and telecom passive infrastructure in India, on Thursday, October 10, 2026, said that –

The Company has received a Letter of Intent (LOI) from BSES Rajdhani Power Limited, a domestic entity. Source: BSE.

Order Details: According to the exchange filing, Pace Digitek has secured an order to design, supply, test, install, commission, operate, and maintain a BESS (Battery Energy Storage System) at four Delhi Grid Station.

Order Value: The order stood with an aggregate contracted capacity of 57.5 MW/115 MWh at four grid station locations of BRPL for on-demand basis operation at a contract value of ₹179.4 Crore.

Tenure: Commissioning date of the order shall be twenty-eight (28) weeks from the Effective Date of the BESSA.

Exchange Compliance: The Company has filed these details in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

It also said the promoter or promoter group has no interest in the awarding entity.

Shares of Pace Digitek closed at ₹162 (down 2.2%) on October 8 from the previous close.

ALSO READ: Atlanta Electricals Ltd (Value Pick Stock October 2026)

24 April 2026

UPDATE

Signs OEM Deal With NEC XON Systems

Pace Digitek Ltd, a multi-disciplinary solutions provider for the telecom passive infrastructure industry in the country, on Thursday, April 23, 2026, said that,

The Company has entered into an Original Equipment Manufacturer (OEM) Exclusivity Agreement with NEC XON Systems Proprietary Limited (NEC XON), an international entity. Source: BSE

According to the exchange data, the deal grants exclusive rights to market, distribute, and sell the company’s products, including Battery Energy Storage Systems (BESS) and other related energy solutions, across the defined territories of South Africa, Botswana, Mozambique, Namibia, and Mauritius.

Details of consideration paid and received are in accordance with the commercial terms of the Original Equipment Manufacturer Exclusivity Agreement, a company spokesperson added.

The agreement (deal) does not fall within the related party transactions.

The stock ended at INR 173 (down 1.75%) on April 24 from previous close.

24 February 2026

Pace Digitek Update

“Secures Order from RIL”

Pace Digitek Limited, a company that provides solutions for telecom infra and solar industries, today, in its exchange filing, said that

Lineage Power Pvt Ltd, the material subsidiary of the company (Pace Digitek Ltd), has secured a major order from Reliance Industries Limited (RIL) for the supply of high-capacity lithium-ion battery packs. Source – BSE

Order Details

The management stated that, under the agreement, Lineage Power will manufacture and supply 50,000 units of 48V 15S1P 314AH Lithium-Ion battery packs.

These industrial-grade power systems are specifically designed for backup support for telecom loads.

LAST CONTENT – Omnitech Engineering IPO Review

Order Size

The total value of the purchase order is ₹158.71 crore (One hundred fifty-eight crore seventy-one lakh rupees only) (inclusive of GST).

Duration

The delivery of the newly received order is expected to be completed by August 31, 2026, the company spokesperson added.

ALSO READ – PNGS Reva Diamond Jewellery IPO Review

Total Order Book

With this order, the consolidated order book of Pace Digitek Limited stands at ₹10,490 Cr, comprising Telecom, ICT infrastructure, and Energy segments.

Management Speech –

Commenting on the development, Chairman & MD, Mr. Venugopal Rao Maddisetty said,

This order from Reliance Industries Limited reinforces our position as a trusted provider of critical energy infrastructure in India and supports our strategy of increasing product-led revenues alongside EPC and annuity-linked infrastructure projects.

As large-scale deployments gain momentum, we remain focused on disciplined execution, maintaining high-quality standards, and scaling manufacturing capacity in line with order visibility.

Refer to Pace digitek news today for further details.

• The company’s market capitalization is ₹3,935 Cr.
• The stock is currently trading above its 20-day Simple Moving Average (SMA).

Also Read –

Shree Ram Twistex IPO Review

Clean Max Enviro Energy IPO Review

27 September 2025

Pace Digitek Limited, a multi-disciplinary solutions provider for the telecom passive infrastructure industry in India, is planning to raise ₹819 Crore through an IPO.

[Fresh Issue ₹819 Cr + OFS NIL]

Pace digitek ipo price is ₹208 – ₹219 per share

Pace Digitek: History

The Company was originally incorporated as Pace Power Systems Private Limited, a private limited company under the Companies Act, 1956, at Bengaluru, India, on March 1, 2007.

The Company was then converted into a public limited company under a special resolution passed by the shareholders on October 16, 2024, and its name was changed to Pace Digitek Limited under a fresh certificate of incorporation issued by the RoC on November 19, 2024.

LAST ARTICLE – TruAlt Bioenergy IPO review

Pace Digitek: Business

Pace Digitek Ltd. is an experienced, multidisciplinary solutions provider with a strong presence in –

• Telecom Passive Infrastructure (Passive Infra) sector,
• ICT Services (Information and Communications Technology), and
• Energy Solutions.

The Company has commenced operations as a passive electrical equipment product manufacturer and, over the years, has expanded its scope to include passive infrastructure operations, products, projects, operations & maintenance (O&M), and integrated solutions.

The Company has also forayed (through its subsidiary company – Lineage), into manufacturing battery energy storage systems (BESS), which are systems that utilize batteries to capture, store, and distribute electrical energy.

It also undertakes turnkey projects for the renewable energy sector (through a subsidiary company – Pace Renewable Energies Private Limited).

Manufacturing Facilities

The company operates three manufacturing facilities in Bengaluru, Karnataka, India – Collectively, these facilities span 200,000 sq. ft.

Order Book

As of September 30, 2024, the Company maintains a robust order book of ₹6,342 crore, with 100% public sector contracts.

ALSO READ – Jinkushal Industries IPO Review

Employee Strength

As of February 28, 2025, the company had 1,296 permanent employees, out of which 18 were part of the core research and development (R&D) team.

Strategies Ahead

• Foray into manufacturing battery energy storage system (BESS)
• Deepen existing products and services offerings.
• Expand geographical reach

Company Promoters

1. Maddisetty Venugopal Rao,
2. Padma Venugopal Maddisetty,
3. Rajiv Maddisetty,
4. Lahari Maddisetty

Refer to Pace Digitek DRHP for detailed information.

IPO Details

Pace Digitek IPO date = 26 to 30 September 2025

Minimum Amount = ₹14,892

Minimum Bid = 68 Shares

Face Value (FV) = ₹2

Listing On = NSE, BSE

Book Running Lead Manager

Unistone Capital

Financials

CONCLUSION

FinBlab recommends ‘SUBSCRIBE‘ ratings on Pace Digitek IPO (keeping a long-term view in mind)

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 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 Pace Digitek IPO – Review, Update appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

“Received a Letter of Intent from GETCO”

Om Power Transmission Ltd, a power transmission infrastructure Engineering, Procurement, and Construction company in India, on Wednesday, announced that

The Company has received a Letter of Intent from the Gujarat Energy Transmission Corporation Limited (GETCO), a domestic entity. Source: BSE.

Order Details: According to the exchange data, Om Power Transmission has secured an order for the supply, erection, testing, and commissioning of 220kV & 66kV equipment and materials on a turnkey basis from GETCO.

Order Value: The scope of the order includes civil works for 220kV Kotda-Sanghani AIS Substation at a contract price of ₹60.48 Cr (Including GST).

Tenure: The order is to be executed over a period of 18 months from the date of the LOA.

Exchange Compliance: The Company has filed these details in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The stock is trading at ₹164 (UP 7%) on October 7 from the previous close.

ALSO READ: Atlanta Electricals Ltd (Value Pick Stock October 2026)

17 April, 2026

“Om Power Transmission IPO Listing Update”

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.

[Fresh Issue ₹500 Cr + OFS NIL]

Runwal enterprises ipo price: ₹290–₹305 per share

Runwal Enterprises: History

The Company was originally incorporated as Propel Developers Private Limited, under the Companies Act, 2013, on February 17, 2016.

It was then converted into a public limited company on September 3, 2024, under a special resolution passed by the shareholders.

The Company changed its name to Runwal Enterprises Limited, and the RoC issued a fresh certificate of incorporation on October 4, 2024.

ALSO READ: A One Steels India IPO Review

Runwal Enterprises: Business

Runwal Enterprises is a real estate developer present across the full spectrum of real estate development in Mumbai, India.

The company specializes in residential projects that cater to affordable, mid-income, and luxury segments, as well as,

• Commercial spaces,
• Retail malls, and
• Educational buildings.

In the eastern suburbs submarket of Mumbai (Bhandup, Ghatkopar, Kanjurmarg, Mulund, Vikhroli, and Powai), the company ranked first (in sales and new launches), achieving market shares of 9.84% and 11.40%, respectively, between January 2019 and September 2024.

The Company’s experience includes greenfield projects requiring land acquisition, as well as flexible and asset-light models, such as joint development agreements.

Project Portfolio

As of March 31, 2026, the company’s portfolio included 19 completed projects, 28 ongoing developments, and 33 upcoming projects.

Network

The Company has in-house expertise across design and architecture, construction management, sales and marketing, customer care and post-sales services, supported by tie-ups with reputed design and architecture firms.

READ THIS: Anthem Biosciences Ltd (Value Pick Stock September 2026)

Strategies Ahead

Continued focus on Mumbai.

Pursue asset-light growth opportunities through redevelopment, joint ventures, and joint development projects.

Focus on all segments of residential projects while selectively developing retail, commercial, and other projects.

Expand the use of IT driven processes.

Company Promoters

1. Subodh Subhash Runwal

Refer to Runwal Enterprises DRHP for more details.

IPO Detail

ipo date: 25 – 29 Sept 2026

Minimum Amount: ₹14,945

Minimum Bid: 49 Shares

Face Value: INR 2 per share

Listing On: NSE, BSE

Financial

Book Running Lead Managers

ICICI Securities

Jefferies India

CONCLUSION

Considering financial performance and the nature of the business, FinBlab recommends a ‘SUBSCRIBE’ rating (keeping a long-term view in mind) for the Runwal Enterprises IPO.

Do come back to learn 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 Runwal Enterprises IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

[Fresh Issue ₹355 Cr + OFS ₹50 Cr]

A-one steels india ipo price: ₹385–₹405 per share

A-One Steels: History

The Company was incorporated as A-One Steel and Alloys Private Limited, a private limited company under the Companies Act, 1956, on April 9, 2012.

It was then converted into a public limited company on August 30, 2024, under a special resolution passed by the shareholders.

The Company changed its name to A-One Steels India Limited, and the RoC issued a fresh certificate of incorporation on December 23, 2024.

ALSO READ: Moneyview IPO Review

A-One Steels: Business

A-One Steels India Limited is a backward-integrated steel manufacturer in southern India.

The Company has a diversified product portfolio in both long and flat steel products and industrial products used in steel manufacturing.

The company manufactures intermediate, finished, and industrial products, including –

• Sponge iron,
• MS billets,
• TMT bars,
• HR and CR coils,
• MS pipes,
• Galvanized pipes & tubes,
• Met coke, and
• Ferro alloys.

The company’s products are used in various infrastructure projects, including airports, bridges, dams, highways, industrial buildings, and high-rise residential buildings.

According to the CRISIL Report, A-One Steels is one of the top 5 steel producers in southern India in terms of crude steel capacity and the only company manufacturing 10 steel products and industrial products.

Installed Capacity

As of March 31, 2026, the company had an aggregate installed capacity of 17.33 lakh MTPA across 6 manufacturing facilities in Karnataka and Andhra Pradesh.

Network

The company sells through authorized distributors, direct retail channels, institutional customers, and intermediary channels.

A-one steels is supported by 32 distributors, 1,246 retail sales channels, and 57 institutional customers.

READ THIS: Anthem Biosciences Ltd (Value Pick Stock September 2026)

Strategies Ahead

Expand product portfolio and increase presence pan-India.

Expand production capacity.

Increase business share amongst existing customers and expand to different geographies.

Continue to emphasize brand building.

Inorganic growth through strategic acquisitions.

Company Promoters

1. Sandeep Kumar,
2. Sunil Jallan,
3. Krishan Kumar Jalan.

Refer to the A One Steel DRHP for further details.

IPO Detail

ipo date: 24 – 28 Sept 2026

Minimum Amount: ₹14,985

Minimum Bid: 37 Shares

Face Value: INR 10 per share

Listing On: NSE, BSE

Financial

Book Running Lead Managers

PL Capital Markets

Khambatta Securities

CONCLUSION

Considering financial performance and the nature of the business, FinBlab recommends a ‘NEUTRAL rating for the A One Steels India Limited IPO.

Do come back to learn 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 A-One Steels India IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

[Fresh Issue ₹320 Cr + OFS ₹388 Cr]

Varmora granito ipo price: ₹140–₹148 per share

Varmora Granito: History

The Company was originally incorporated as Varmora Granito Private Limited under the Companies Act, 1956, on November 18, 2003.

It was then converted into a public limited company on April 30, 2025, under a special resolution passed by the shareholders.

The Company subsequently changed its name to Varmora Granito Limited, and the Registrar of Companies issued a fresh certificate of incorporation on May 14, 2025.

Varmora Granito: Business

Varmora Granito Limited manufactures and markets ceramic and vitrified tiles, including –

• Glazed Vitrified Tiles (GVT),
• Polished Vitrified Tiles (PVT), and
• Ceramic Tiles (CT),
• Bathware and Adhesives.

The Company is a tile and building-materials manufacturer operating under the “Varmora” brand.

It has also adopted Integrated Stone Technology through a technology partnership with Italy-based SACMI, supporting its focus on innovative and premium tile products.

Tiles remain the company’s core business, contributing 88 percent of revenue from operations in FY26, with GVT and Technical Products accounting for 74 percent of overall revenue.

As of 31 March 2026, the company offered over 3,500 tile SKUs across 20 surface types, catering to applications including façades, flooring, walls, back paneling, and kitchen slabs.

Manufacturing Facilities

The company operates eight manufacturing facilities in Morbi, Gujarat, India (with 82 percent of its revenue in FY26 generated from in-house manufactured products).

Distribution Network

The Company has a wide distribution network across India and overseas, comprising –

• 305 exclusive brand outlets (EBOs), and
• 2,758 multi-brand outlets (MBOs).

It offers B2B sales to builders, developers, contractors, and government entities.

ALSO READ: Anthem Biosciences Ltd (Value Pick Stock September 2026)

Strategies Ahead

Expanding reach in high-growth emerging markets.

Acquisition and expansion into East and Northeast regions of India.

Expanding distribution network (focus on EBOs).

Accelerate investment in brand-building.

Focus on technology-driven product innovation & premiumization.

Expansion in adhesives, bathware, and other adjacencies.

Pursue inorganic growth opportunities.

Focus on ESG and adoption of enhanced sustainable practices.

Company Promoters

1. Bhavesh Vallabhdas Varmora,
2. Hiren R Varmora,
3. Pramodkumar P. Patel.

Refer to Varmora Granito IPO DRHP for more information.

IPO Detail

ipo date: 22 Sept – 24 Sept 2026

Minimum Amount: ₹14,948

Minimum Bid: 101 Shares

Face Value: INR 2 per share

Listing On: NSE, BSE

Financial

Book Running Lead Managers

JM Financial

Goldman Sachs (India) Securities

SBI Capital Markets

CONCLUSION

Considering financial performance and the nature of the business, FinBlab recommends a ‘NEUTRAL‘ rating for the Varmora Granito Limited IPO.

Do come back to learn more about “upcoming IPOs”.

=========================================================================

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

[Fresh Issue ₹210 Cr + OFS NIL]

Veegaland developers ipo price: ₹130–₹140 per share

Veegaland Developers: History

The Company was originally incorporated as Vintes Solutions Private Limited, a private limited company under the Companies Act, 1956, on August 10, 2007.

It was then converted into a public limited company on September 30, 2025, under a special resolution passed by the shareholders.

The Company subsequently changed its name to Veegaland_Developers_Limited, and the RoC issued a fresh certificate of incorporation on November 6, 2025.

ALSO READ: Anthem Biosciences Ltd (Value Pick Stock September 2026)

Veegaland Developers: Business

Veegaland Developers Ltd is a real estate development company engaged in planning, developing, and selling multi-storied residential apartment projects in the state of Kerala, India.

The Company develops –

• mid-premium,
• premium,
• ultra-premium,
• luxe-series, and
• ultra-luxury residential projects

The Company operates under the brand name Veegaland Homes and, as of this date, it has undertaken projects in Kochi, Thiruvananthapuram, Kozhikode, and Thrissur in the state of Kerala, India.

According to the ICRA Report, Veegaland ranked as Kerala’s fastest-selling real estate developer and is also one of the recognised residential real estate developers in the state of Kerala.

Veegaland is part of the V-Guard Group, which traces its origins to 1977, when Kochouseph Thomas Chittilappilly, established V-Guard Industries for the manufacture of voltage stabilisers.

Project Portfolio

As of June 30, 2026, the company had 25 projects (comprising approximately 34.24 lakh sq. ft. of saleable area).

10 completed projects,

12 ongoing projects, and

3 upcoming projects

Company Promoters

1. Kochouseph Thomas Chittilappilly,
2. Chittilappilly Trust

Refer to Veegaland Developers Limited DRHP for further information.

IPO Detail

ipo date: 10 Sept – 15 Sept 2026

Minimum Amount: ₹14,980

Minimum Bid: 107 Shares

Face Value: INR 10 per share

Listing On: NSE, BSE

Financial

Book Running Lead Manager

Cumulative Capital

CONCLUSION

Considering financial performance and the nature of the business, FinBlab recommends a ‘SUBSCRIBE‘ rating (keeping a long-term view in mind) for the Veegaland Developers IPO.

Do come back to learn 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 Veegaland Developers IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

[Fresh Issue ₹150 Cr + OFS ₹1,106 Cr]

Rentomojo ipo price: ₹384–₹404 per share

Rentomojo: History

The Company was originally incorporated as Edunetwork Private Limited, a private limited company under the Companies Act, 1956, on April 16, 2012.

The Company was then converted into a public limited company on January 13, 2026, under a special resolution passed by the shareholders.

It subsequently changed its name to Rentomojo Limited, and the RoC issued a fresh certificate of incorporation on February 3, 2026.

ALSO READ: Anthem Biosciences Ltd (Value Pick Stock September 2026)

Rentomojo: Business

Rentomojo Ltd operates a technology-driven, full-stack direct-to-consumer (D2C) online rental and subscription platform for furniture and appliances in India.

The company enables consumers to access essential home products, including

Beds,

Mattresses,

Refrigerators,

Sofas,

Televisions,

Wardrobes,

Washing machines, and

Water purifiers.

The Company’s platform operates through an omni-channel model, combining an online ordering platform with 67 experience stores, enabling consumers to access high-quality appliances on a flexible subscription plan.

The furniture and appliances that Rentomojo offers have a diverse mix of brands including Haier, Livpure, Wakefit, and Duroflex (as well as its own private-label brands).

As of September 30, 2025, the company had 227,511 live subscribers spread across 22 cities in India, enabling subscribers to access home essentials through affordable, long-term, and flexible subscription plans.

The Company has a comprehensive portfolio of 728,773 live items (Products) across furniture and appliances, as of September 30, 2025.

Company Promoter

1. Geetansh Bamania

Refer to Rentomojo DRHP for more information.

IPO Detail

ipo date: 9 Sept – 11 Sept 2026

Minimum Amount: ₹14,948

Minimum Bid: 37 Shares

Face Value: INR 1 per share

Listing On: NSE, BSE

Financial

Book Running Lead Managers

Motilal Oswal Investment Advisors,

Axis Capital,

IIFL Capital Services

CONCLUSION

Considering financial performance and the nature of the business, FinBlab recommends ‘ MAY SUBSCRIBE‘ ratings for the Rentomojo IPO.

Do come back to learn 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 Rentomojo IPO Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.