With the addition of these issues, the number of companies launching IPOs in 2026 is expected to rise to 54.
The primary market is set for another busy week, with seven companies, including Blackstone-backed Horizon Industrial Parks and Lalithaa Jewellery Mart, set to raise over ₹6,400 crore collectively through initial public offerings (IPOs).
The upcoming issues follow the launch of five IPOs this week, while three companies had already tapped the market earlier this month.
Horizon Industrial Parks will kick off the week on August 17 with its ₹2,600-crore IPO, followed by jewellery retailer Lalithaa Jewellery Mart’s ₹1,700-crore issue on the same day.
Shankesh Jewellers and film and television producer Sunshine Pictures will open their IPOs on August 18, raising ₹367 crore and ₹282 crore, respectively.
Gaja Alternative Asset Management, which operates under the Gaja Capital brand, will launch its ₹550-crore IPO on August 19, Tempsens Instruments (India) will open its issue on August 20 and an integrated gold and silver platform Augmont Enterprises will float its ₹825-crore IPO on August 21.
Together, the seven companies are looking to raise more than ₹6,400 crore through public issues, making it another busy week for the primary market.
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Funds raised through the fresh issue will largely be used for business expansion, capital expenditure, debt repayment and other corporate purposes, while proceeds from the OFS will go to the selling shareholders.
With the addition of these issues, the number of companies launching IPOs in 2026 is expected to rise to 55, industry data showed.
Horizon Industrial Parks’ ₹2,600-crore issue comprises entirely a fresh issue and has a price band of ₹57-60 per share. The company plans to use the proceeds to repay borrowings.
Lalithaa Jewellery Mart has fixed a price band of ₹190-201 per share. Its ₹1,700-crore issue comprises a fresh issue of up to ₹1,200 crore and an OFS of up to ₹500 crore.
Shankesh Jewellers’ ₹367-crore issue comes with a price band of ₹88-93 per share. The IPO comprises a fresh issue of up to 2.95 crore equity shares and an OFS of up to 1 crore equity shares.
Sunshine Pictures has fixed a price band of ₹342-360 for its ₹282-crore offering. The IPO comprises a fresh issue of 48 lakh equity shares and an OFS of 30.37 lakh equity shares, taking the total offer size to 78.37 lakh shares.
Promoters Vipul Amrutlal Shah and Shefali Vipul Shah will sell shares through the OFS.
Source: Read the original article on www.thehindubusinessline.com