IPO Alert: Ardee & Technocraft Ventures Lead This Week’s Rush

This week, the primary market is set to feature two mainboard IPOs: Ardee Industries and Technocraft Ventures. Additionally, several Small and Medium Enterprise (SME) IPOs are also scheduled to launch for subscription.

Ardee Industries Targets Rs 425.87 Crore

Ardee Industries’ public offering is valued at Rs 425.87 crore. This includes a fresh issue of 6.04 crore shares, amounting to Rs 320 crore, and an offer for sale of 2 crore shares, worth Rs 105.87 crore. The subscription period runs from August 5 to August 7.

Allotment finalization is expected on August 10, with shares projected to list on the BSE and NSE by August 12. The price band is set at Rs 50-53 per share, requiring investors to bid for a minimum of 281 shares, which translates to an investment of Rs 14,893 at the upper end. Pantomath Capital Advisors Pvt. Ltd. is the book-running lead manager, and Kfin Technologies Ltd. serves as the registrar.

Technocraft Ventures Readies Offering

Technocraft Ventures will offer 1.19 crore shares in its IPO, comprising a fresh issue of 0.95 crore shares and an offer for sale of 0.24 crore shares. Its subscription window is from August 7 to August 11.

The basis of allotment for Technocraft Ventures is expected on August 12. Shares are projected for listing on the BSE and NSE on August 14.

SME Segment Sees Multiple Launches

The SME segment will also see several public issues open. Anawil Wire & Engineering’s public issue commences on August 3, 2026, followed by Aegeus Technologies’ IPO on August 4.

LAPL Automotive will launch its initial public offering on August 6. Optimystix Entertainment’s initial public offering is scheduled for August 7.

This active week highlights continued momentum in the Indian primary market across both mainboard and SME segments.