Six companies, including Blackstone-backed Horizon Industrial Parks and Lalithaa Jewellery Mart, plan to raise nearly ₹5,600 crore via IPOs starting August 17.
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The Indian primary market is set for another busy stretch. Six companies, including Blackstone-backed Horizon Industrial Parks and jewellery retailer Lalithaa Jewellery Mart, plan to raise nearly ₹5,600 crore through initial public offerings starting next week.
Horizon Industrial Parks will kick off the week on August 17 with a ₹2,600-crore IPO. The issue is entirely a fresh offer with a price band of ₹57-60 per share. Proceeds will go toward repaying borrowings, the company said.
Lalithaa Jewellery Mart opens the same day with a ₹1,700-crore issue, priced at ₹190-201 per share. The offer includes a fresh issue of up to ₹1,200 crore and an offer-for-sale of up to ₹500 crore.
On August 18, Shankesh Jewellers and film producer Sunshine Pictures will launch their IPOs. Shankesh Jewellers is raising ₹367 crore 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 shares. Sunshine Pictures has fixed a price band of ₹342-360 for its ₹282-crore offering. The total offer size is 78.37 lakh shares, including a fresh issue of 48 lakh shares and an OFS of 30.37 lakh shares. Promoters Vipul Amrutlal Shah and Shefali Vipul Shah will sell shares through the OFS.
Gaja Alternative Asset Management, which operates under the Gaja Capital brand, will launch its ₹550-crore IPO on August 19. The price band is ₹152-160 per share. The issue comprises a fresh issue of up to ₹450 crore and an OFS of up to ₹100 crore.
Tempsens Instruments (India) will open its issue on August 20. The company is offering a fresh issue of ₹95 crore along with an OFS of 1.85 crore shares.
Across the six offerings, the funds raised through the fresh portion will largely be used for business expansion, capital expenditure, debt repayment and other corporate purposes, according to the companies' prospectuses.
With these additions, the number of companies launching IPOs in 2026 is expected to rise to 54, keeping the primary market active. The coming week follows five IPOs launched in the past week and three earlier this month.
Separately, air freight forwarding and logistics company Skyways Air Services is scheduled to launch its ₹583-crore IPO on August 24, extending the pipeline beyond the coming week.
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