India IPO Rush: 6 Companies Eye Rs 5,600 Cr
By Business Desk
Six Indian companies are set to launch IPOs next week, aiming to raise Rs 5,600 crore for expansion, debt repayment, and capex. Key players include Horizon Industrial Parks and Lalithaa Jewellery.
India’s primary market is set for a significant week, with six companies launching Initial Public Offerings (IPOs) to collectively raise nearly Rs 5,600 crore. These funds are primarily earmarked for business expansion, capital expenditure, and debt repayment, signaling strong corporate growth ambitions.
Key IPO Figures
- Total collective target: Rs 5,600 crore
- Horizon Industrial Parks: Rs 2,600 crore
- Lalithaa Jewellery Mart: Rs 1,700 crore
- Shankesh Jewellers: Rs 367 crore
- Sunshine Pictures: Rs 282 crore
- Gaja Alternative Asset Management: Rs 550 crore
- Skyways Air Services (August 24): Rs 583 crore
Blackstone-backed Horizon Industrial Parks will initiate its issue on August 17, planning to use its entire proceeds for repaying borrowings. Jewellery retailer Lalithaa Jewellery Mart launches its Rs 1,700-crore IPO on the same day.
Upcoming Launch Schedule
- August 17: Horizon Industrial Parks and Lalithaa Jewellery Mart
- August 18: Shankesh Jewellers and Sunshine Pictures
- August 19: Gaja Alternative Asset Management
- August 20: Tempsens Instruments (India)
This activity follows five IPOs launched last week and three earlier this month, underscoring a robust primary market trend. Many of these offerings, including Lalithaa Jewellery Mart’s, feature both a fresh issue and an Offer For Sale (OFS) to investors.
Shankesh Jewellers, Sunshine Pictures, Gaja Alternative Asset Management, and Tempsens Instruments (India) also include fresh issues and OFS components. With these additions, the total number of companies launching IPOs in 2026 is projected to reach 54, solidifying the market’s active phase and investor interest.