
IPO Calendar: Six issues to hit Dalal Street this week, eyeing Rs 1,938-crore
Tired of too many ads?
Remove Ads
Tired of too many ads?
Remove Ads
The primary market is set for another busy week, with six IPO s opening for subscription and collectively aiming to raise about Rs 1,938 crore through a mix of mainboard and SME offerings. The line-up includes the BlueStone Jewellery & Lifestyle IPO, along with plays from the retail, infrastructure, and resources sectors, ensuring sectoral diversity for investors.The biggest offering of the week is BlueStone Jewellery & Lifestyle, opening on Monday, August 11, and closing on Wednesday, August 13. The omni-channel jewellery brand plans to raise Rs 1,540.65 crore in the price band of Rs 492-517 per share. Managed by Axis Capital , the mainboard issue is expected to draw strong interest from both institutional and retail investors, given BlueStone's brand strength and growth trajectory in India's premium jewellery market.Also opening the same day is Icodex Publishing Solutions, a BSE SME listing managed by Indcap Advisors. The IPO will run from August 11 to 13 in the price band of Rs 98-102, aiming to raise Rs 42 crore. The company operates in content publishing and solutions, serving both domestic and international clients.From Tuesday, August 12, attention will shift to Regaal Resources, which is targeting Rs 306 crore via its mainboard debut in the Rs 96–102 price range. The offering, led by Pantomath Capital Advisors, will be open till Thursday, August 14.In the SME space, Mahendra Realtors and Infrastructure will also launch on the same day, seeking Rs 49.45 crore in the price band of Rs 75-85, with Fast Track Finsec as the lead manager.The week will see two more mainboard issues opening on Thursday. Shreeji Shipping Global, managed by Beeline Capital, will tap both the BSE and NSE, while Patel Retail, led by Fedex Securities, will also hit the market.Price bands for both are yet to be announced, but they are expected to add further momentum to an already busy fundraising calendar.With marquee consumer brands, resource companies, and infrastructure developers in the mix, this week's IPO line-up offers a blend of growth stories and niche plays, setting the stage for active investor participation ahead of the festive season.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Mint
5 minutes ago
- Mint
Indian stock market: Nifty tops 25,000 level. Is this rally sustainable in near term?
Stock market today: The Nifty 50 index climbed back above the 25,000 level on Monday, August 18, for the first time since July 25, as a series of positive developments over the weekend helped counter concerns about a possible 25 per cent tariff on Indian imports by the Trump administration. Meanwhile, BSE index Sensex also soared nearly 1,100 points, rallying to 81,678.77 in Monday's trading session. Market experts said that Prime Minister Narendra Modi's statement on potential cuts in goods and services tax (GST) has boosted sentiment, especially in consumption-driven sectors. Analysts believe that automobiles, financials, consumer durables, and domestic-oriented industries connected to infrastructure spending stand to gain the most. 'The Prime Minister recent announcement of potential GST reforms is a significant positive. These measures are expected to reduce the cost of essential goods, which should boost consumer spending and corporate profitability. This will likely improve market sentiment and attract fresh investment,' said Sugandha Sachdeva, Founder of SS WealthStreet. Indian equity indices wrapped up the week on a subdued note, pressured by continued selling in key sectors and dampened global cues. The Nifty 50 managed a marginal rise of 11.95 points to close at 24,631.30, while the Sensex added 57.75 points to finish at 80,597.66. According to Choice Broking, Nifty is currently hovering near its short-term support of 24,590 (20-day EMA). 'The broader setup remains cautiously bearish to sideways, with the Nifty trapped between key averages. A breakout above 24,800 could trigger momentum buying towards 25,000+, while a break below 24,300 may invite fresh selling pressure, dragging the index towards 24,000–23,800. Traders should remain tactical with a buy-on-dips and sell-on-rise approach, keeping a close eye on the EMA cluster for directional cues,' the firm said. Support Levels:- 24200-24000 Resistance Levels :- 24700-24800 Overall Bias :- Sideways To Bullish The Bank Nifty index ended the week at 55,341.85, up 0.61% compared to the previous week's close. The weekly chart reflects buying support at lower levels, with the index successfully sustaining above the key 55,000 level. 'The Bank Nifty index formed a bullish-bodied candle with a slight upper wick, accompanied by consistent trading volumes. This price action reflects the possibility of a sideways or consolidation phase in the near term. As long as the index holds above the 54,800 marks, a 'buy on dips'; strategy remains advisable, with upside targets placed at 55,800 and 56,000. The Bank Nifty index is likely to face significant resistance in the 55,500–56,000 range. If the index continues to move higher, ICICI Bank & HDFC Bank from the private banking sector is expected to support the uptrend. Similarly, in the public sector banking space, SBIN is anticipated to show strength and contribute to any potential upside,' the brokerage firm added. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.


Mint
5 minutes ago
- Mint
Penny stock below ₹15 hits 10% upper circuit on turning profitable in Q1. Do you own?
A penny stock surged as much as 10 per cent to hit its upper circuit on the BSE on Monday, August 18, after the company reported its Q1FY26 results. Sadbhav Engineering share price opened at its 10 per cent upper circuit of ₹ 13.13 on Monday, August 18, after the civil construction firm said it earned a profit of ₹ 31.2 crore for Q1FY26 against a loss of ₹ 30.74 crore in the same quarter last year. After market hours on August 14, Sadbhav Engineering said it earned a consolidated profit of ₹ 31.2 crore for Q1FY26 against incurring a loss of ₹ 30.74 crore in the same quarter of the previous financial year. The company's revenue from operations for the quarter under review, however, declined 26.25 per cent year-on-year to ₹ 222 crore. In the same quarter last year, it stood at ₹ 301 crore. (This is a developing story. Please check back for fresh updates.)
&w=3840&q=100)

Business Standard
5 minutes ago
- Business Standard
MTNL loan defaults rise to ₹8,659 cr; total debt climbs to ₹34,577 cr
State-run telecom operator Mahanagar Telephone Nigam Ltd (MTNL) on Monday reported an increase in its loan defaults, with outstanding dues to public sector banks climbing to ₹8,659 as of July 31, 2025, the company said in a stock filing. The telco said the amount comprises ₹7,794.34 crore in principal and ₹864.75 crore in interest. The figure marks an increase from ₹8,584.93 crore of defaults reported on June 30, 2025, which included ₹7,794.34 crore of principal and ₹790.59 crore of interest. Bank-wise defaults According to the MTNL, the seven impacted public sector banks are: MTNL total debt: ₹34,577 crore MTNL also reported that its total financial debt stood at ₹34,577 crore at the end of July. This is slightly higher than the ₹34,484 crore reported at the end of June. The debt comprises: Bank loans: ₹8,659 crore Sovereign-guaranteed bonds: ₹24,071 crore Loan from Department of Telecommunications (for bond interest): ₹1,921 crore The company has been filing monthly updates on its repayment status with stock exchanges, as required under Sebi's disclosure norms. The latest filing reflects an increase in unpaid interest. At 11:50 am, shares of MTNL were trading at ₹43.14 apiece, up nearly 2 per cent on the BSE.