Which IPOs Are Entering The Market Next Week And Should You Apply?
The Indian stock market is preparing for one of its busiest weeks of 2025, with as many as 20 IPOs lined up in the week beginning September 29. These include 4 mainboard IPOs and 16 SME IPOs, collectively expected to raise more than ₹850 crore. For retail investors, the challenge is not just about knowing the names but also understanding the risks, subscription patterns, and valuations. Let’s break down the key details in a structured way.
About The Companies Coming With IPOs
In the mainboard category, the companies launching IPOs are Glottis, Fabtech Technologies, Om Freight Forwarders, and Advance Agrolife. These firms collectively aim to raise over ₹850 crore. On the SME front, investors will see issues from companies like Greenleaf Envirotech, Suba Hotels, and Shlokka Dyes, among others.
DRHP And Business Models In Simple Words
According to their Draft Red Herring Prospectus (DRHP):
- Glottis operates in the specialty chemicals space, catering to domestic and international customers.
- Fabtech Technologies is an engineering solutions provider with exposure to process industries.
- Om Freight Forwarders is a logistics and cargo handling company with strong international tie-ups.
- Advance Agrolife is engaged in agrochemicals, riding on India’s rural consumption theme.
- SME firms such as Greenleaf Envirotech focus on clean-tech, Suba Hotels on hospitality, and Shlokka Dyes on chemicals.
IPO Dates, Price Band, And GMP Buzz
All the IPOs will open in the week of September 29. While official price bands are awaited, grey market activity has already started. Early GMP signals show modest premiums in some SME counters like Greenleaf Envirotech, but it is important to remember that GMP is unofficial, unregulated, and highly volatile. Investors should not base decisions solely on GMP.
| Company | IPO Type | Open Date | Close Date | Lot Size | Funds Required | GMP (Unofficial) |
|---|---|---|---|---|---|---|
| Glottis | Mainboard | 29 Sep | 3 Oct | TBA | TBA | Premium ₹10–15 |
| Fabtech Technologies | Mainboard | 29 Sep | 3 Oct | TBA | TBA | Flat |
| Om Freight Forwarders | Mainboard | 29 Sep | 3 Oct | TBA | TBA | Premium ₹5–7 |
| Advance Agrolife | Mainboard | 29 Sep | 3 Oct | TBA | TBA | Premium ₹12–18 |
| Greenleaf Envirotech | SME | 30 Sep | 4 Oct | TBA | TBA | Premium ₹20–25 |
| Suba Hotels | SME | 30 Sep | 4 Oct | TBA | TBA | Flat |
| Shlokka Dyes | SME | 30 Sep | 4 Oct | TBA | TBA | Premium ₹8–10 |
Risks And Subscription Strategy
Investors should note:
- Mainboard IPOs often see stronger institutional participation, while SME IPOs are more speculative in nature.
- GMP is not always a reliable indicator—many IPOs listed below GMP have later outperformed and vice versa.
- Waiting till the last day to apply allows investors to see subscription volumes across retail, QIB, and HNI categories. This reduces risk of poor listing performance.
- P/E comparison with peers suggests Fabtech and Advance Agrolife are priced at par, but Om Freight may appear stretched if compared with listed logistics peers.
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Investor Takeaway
The coming week will test investor appetite with 20 IPOs crowding the market. While Glottis and Advance Agrolife look relatively better placed due to sector tailwinds, retail investors should remain cautious, track subscription numbers, and consider applying on the final day. SME issues, while exciting, carry higher risks and demand extra due diligence. Explore more insights and free expert guidance at Indian-Share-Tips.com, which is a SEBI Registered Advisory Services.
SEBI Disclaimer: The information provided in this post is for informational purposes only and should not be construed as investment advice. Readers must perform their own due diligence and consult a registered investment advisor before making any investment decisions. The views expressed are general in nature and may not suit individual investment objectives or financial situations.











