India’s IPO Market Heats Up: Key Insights on Four Major Offerings ⚡
India’s IPO market is buzzing with excitement as several high-profile companies launch their public offerings. From transformers to shipping, solar energy to aromatics, four companies—Mangal Electrical Industries, Shreeji Shipping Global, Vikram Solar, and Gem Aromatics—are grabbing investor attention. Below, we dive into the details, including key dates, grey market premiums (GMP), and expert insights, all presented in an easy-to-read format with visuals to guide you. 📈
Mangal Electrical Industries IPO 🔌
Mangal Electrical Industries is making waves in the transformer market. With a price band of ₹533–₹561 per share and an issue size of ₹400 crore (71.3 lakh fresh shares), this IPO is set to fund debt repayment, facility expansion, and working capital needs. Major anchor investors, including Abakkus Diversified Alpha Funds and Societe Generale, signal strong market confidence.
- Price Band: ₹533–₹561
- Issue Size: ₹400 crore
- Subscription: August 20–22, 2025
- Allotment: August 25, 2025
- Listing: August 28, 2025
- GMP: 4% 📊
Expert Insight: The moderate GMP suggests steady interest, making this a solid pick for long-term investors eyeing the transformer sector.
Shreeji Shipping Global IPO 🚢
Shreeji Shipping Global is riding a wave of investor enthusiasm, with its ₹411 crore IPO (entirely fresh issue) subscribed 2.13 times on the first day. Priced at ₹240–₹252 per share, the proceeds will fund the purchase of dry bulk carriers and debt repayment.
- Price Band: ₹240–₹252
- Issue Size: ₹411 crore
- Subscription: August 19–21, 2025
- Allotment: August 22, 2025
- Listing: August 26, 2025
- GMP: 11% 🚀
Expert Insight: Strong subscription and a healthy GMP make this IPO a compelling choice for those interested in logistics.
Vikram Solar IPO ☀️
Vikram Solar’s ₹2,079 crore IPO, comprising a ₹1,500 crore fresh issue and a 1.75 crore share offer for sale, is a standout in the renewable energy space. Priced at ₹315–₹332 per share, the company boasts strong financials, with revenue rising to ₹3,459.53 crore in 2025 from ₹2,523.96 crore in 2024.
- Price Band: ₹315–₹332
- Issue Size: ₹2,079 crore
- Subscription: August 19–21, 2025
- Allotment: August 22, 2025
- Listing: August 26, 2025
- GMP: 18% 🌞
Expert Insight: With a high GMP and robust financials, Vikram Solar is a top pick for investors betting on the solar energy boom.
Gem Aromatics IPO 🌸
Gem Aromatics’ ₹451.25 crore IPO, with a ₹175 crore fresh issue and an 85 lakh share offer for sale, was fully subscribed on its opening day. Priced at ₹309–₹325 per share, the company reported revenue of ₹506 crore in 2025, up from ₹454 crore in 2024.
- Price Band: ₹309–₹325
- Issue Size: ₹451.25 crore
- Subscription: August 19–21, 2025
- Allotment: August 22, 2025
- Listing: August 26, 2025
- GMP: 8% 💐
Expert Insight: The full subscription and moderate GMP signal cautious optimism, appealing to investors in the aromatics sector.
IPO Comparison at a Glance 📊
| IPO Name | GMP | Subscription Status | Listing Date | Allotment Date | Key Highlights |
|---|---|---|---|---|---|
| Mangal Electrical | 4% | Open | Aug 28 | Aug 25 | Transformer market focus |
| Shreeji Shipping | 11% | 2.13x (Day 1) | Aug 26 | Aug 22 | Dry bulk carriers purchase |
| Vikram Solar | 18% | Open | Aug 26 | Aug 22 | Solar industry growth |
| Gem Aromatics | 8% | Fully Subscribed | Aug 26 | Aug 22 | Aromatics sector growth |
GMP Trends Visualized 📈
GMP Comparison
Timeline of Key Dates ⏰
Mangal Electrical
Subscription: Aug 20–22
Allotment: Aug 25
Listing: Aug 28
Shreeji Shipping
Subscription: Aug 19–21
Allotment: Aug 22
Listing: Aug 26
Vikram Solar
Subscription: Aug 19–21
Allotment: Aug 22
Listing: Aug 26
Gem Aromatics
Subscription: Aug 19–21
Allotment: Aug 22
Listing: Aug 26
Frequently Asked Questions ❓
What is the Grey Market Premium (GMP)?
The GMP indicates the premium at which IPO shares trade in the grey market before listing. It reflects investor sentiment and potential listing gains.
How can I apply for these IPOs?
You can apply through your bank’s net banking platform, a Demat account, or a registered stockbroker. Check the IPO’s prospectus for details.
What are the risks of investing in IPOs?
IPO investments carry risks like market volatility, company performance, and liquidity issues. Always review financials and consult a financial advisor.
When will I know if I’ve been allotted shares?
Allotment dates are listed above (e.g., August 22 or 25, 2025). Check the registrar’s website or your Demat account for status updates.
