IPO Update: Kratikal Tech Lists at +42.22% on BSE, Three IPOs Open Today | 15 Jul 2026, 10:00 AM IST

The Indian primary market remains active this Wednesday, July 15, 2026, presenting a mix of new listings and ongoing subscription opportunities. Investors are closely watching the performance of recently listed companies while evaluating new public issues. Today’s market sees a notable listing gain from Kratikal Tech Ltd., alongside three active IPOs for subscription, providing a diverse landscape for potential investors.

Recent Listings

The past week has seen several companies debut on the exchanges, with their initial performance often setting the tone for investor sentiment. Understanding these listing outcomes is crucial for assessing market appetite. Here’s a detailed look at how recent IPOs performed, including those that have just listed today:

Company	Issue Price	Listing Price	Gain/Loss	Per-Lot Gain/Loss
Kratikal Tech Ltd.	₹135	₹192	+42.22%	₹57
Atharva Poly-Plast Ltd.	₹60	₹69	+15.00%	₹9
Knack Packaging Ltd.	₹170	₹186	+9.41%	₹16
Sampark India Logistics Ltd.	₹84	₹89	+5.95%	₹5
Aastha Spintex Ltd.	₹136	₹130	−4.41%	−₹6
Seemax Resources Ltd.	₹141	₹112.8	−20.00%	−₹28.2
Kusumgar Ltd.	₹419	N/A	N/A	N/A
IC Electricals Company Ltd.	₹99	N/A	N/A	N/A
Teja Engineering Industries Ltd.	₹220	N/A	N/A	N/A
Vinit Mobile Ltd.	₹158	N/A	N/A	N/A

Leading the positive performance is Kratikal Tech Ltd., which saw a substantial listing gain of +42.22% from its issue price of ₹135, closing at ₹192. This translated to a ₹57 gain per lot for initial investors. Other positive listings included Atharva Poly-Plast Ltd. with a +15.00% gain, Knack Packaging Ltd. at +9.41%, and Sampark India Logistics Ltd. at +5.95%. These gains indicate a healthy demand for these specific issues on their debut.

On the other side, Seemax Resources Ltd. listed at ₹112.8 against an issue price of ₹141, marking a significant −20.00% loss, resulting in a −₹28.2 per-lot loss for investors. Aastha Spintex Ltd. also saw a negative debut, declining −4.41%. For investors, a negative listing means the market valued the shares lower than the IPO price on the first day of trading. Meanwhile, companies like Kusumgar Ltd., IC Electricals Company Ltd., Teja Engineering Industries Ltd., and Vinit Mobile Ltd. have listed, but their specific listing prices and day-one performance data are not yet publicly available for analysis.

Open for Subscription

As of July 15, 2026, three initial public offerings are actively seeking subscriptions from retail investors. These issues represent diverse sectors and offer different investment scales, with their subscription windows closing tomorrow, July 16, 2026.

Company	Issue Price	Minimum Investment	Subscription Dates
Millworks Technologies Ltd.	₹331 per share	₹331	Jul 14 → Jul 16
SBI Funds Management Ltd.	₹574 per share	₹574	Jul 14 → Jul 16
Alpine Texworld Ltd.	₹105 per share	₹105	Jul 14 → Jul 16

Investors considering these issues should carefully review the offer documents for details on the company’s financials, business model, and risk factors. The minimum investment for each IPO, calculated based on the lot size and issue price, is relatively accessible, ranging from ₹105 for Alpine Texworld Ltd. to ₹574 for SBI Funds Management Ltd. The short subscription window means interested parties should make their decisions promptly.

Upcoming IPOs

Looking ahead, the primary market pipeline indicates two new issues expected to open for subscription in the coming days. These upcoming IPOs offer a glimpse into future investment opportunities and allow investors to prepare their strategies.

Company	Issue Price	Minimum Investment	Expected Dates
Sotefin Bharat Ltd.	₹187 per share	₹187	Jul 16 → Jul 20
Caliber Mining and Logistics Ltd.	₹424 per share	₹424	Jul 17 → Jul 21

Sotefin Bharat Ltd. is scheduled to open its subscription tomorrow, July 16, running until July 20, with a minimum investment of ₹187. Following closely, Caliber Mining and Logistics Ltd. is expected to launch on July 17, with its window closing on July 21, requiring a minimum investment of ₹424. Potential investors can monitor these issues for further updates and detailed information as they approach their subscription launch dates.

In summary, the Indian IPO market continues to offer a range of opportunities and outcomes. With three issues currently open for subscription, a mix of positive and negative listings observed recently, and two more issues poised to enter the market soon, the pipeline remains moderately active. Investors are encouraged to conduct their due diligence and consider market conditions before participating in any public issue.