Three Public Issues Open This Week; Two Listings Also Lined Up

Primary market activity is picking up again. Three new public issues will open in the week starting 4 May 2026. Alongside these, two companies are also preparing to list on the exchanges, keeping Dalal Street busy.

Mainboard IPO: Bagmane REIT In Focus

The highlight of the week is the initial public offering (IPO) of Bagmane Prime Office REIT, backed by Bagmane Realty and Infrastructure.

The issue will open on 5 May, with a price band of ₹95-100 per share. The total issue size stands at around ₹3,405 crore. Out of this, fresh units worth ₹2,390 crore will be issued, while existing investors plan to sell units worth up to ₹1,015 crore through an offer-for-sale.

OnEMI IPO Heads For Listing

In the mainboard segment, OnEMI Technology Solutions is set to close its ₹926-crore IPO on 5 May. The company, which runs the digital lending platform Kissht, has seen a modest response so far, with about 24% subscription on the first day of bidding.

The stock is expected to make its market debut later this week on 8 May.

SME IPOs: Two Launches Lined Up

In the Small and Medium Enterprises (SME) segment, Value 360 Communications will open its ₹42-crore IPO on 4 May. The price band for the issue has been fixed at ₹95-98 per share.

Another SME offering, Recode Studios, is set to launch its IPO on 5 May. The company plans to raise up to ₹45 crore, with a price band of ₹150-158 per share.

SME Listing: Amba Auto To Debut

Meanwhile, Amba Auto Sales & Services IPO is scheduled to list on the National Stock Exchange’s Emerge platform on 5 May. The ₹65-crore issue saw a modest response, getting subscribed around 1.18 times.

Also Read - Six Companies See ₹64,000 Crore Worth Of Shares Unlock This Week

Market Takeaway

With multiple IPOs and listings lined up, the primary market appears to be regaining momentum. Investor interest will likely hinge on pricing, business outlook, and broader market conditions.

Sources:

Moneycontrol

India IPO