IPO Update: Three Issues Close Today on NSE/BSE, Kratikal Tech Lists at +42.22% | 16 Jul 2026, 10:00 AM IST
By ThePip Desk
Three IPOs, including SBI Funds Management, close for subscription today, July 16. Kratikal Tech Ltd. saw a significant listing gain of +42.22% on its debut.
The Indian primary market remains active today, Thursday, July 16, 2026, with three mainboard IPOs concluding their subscription periods. Investors are closely watching the final subscription figures for Millworks Technologies, SBI Funds Management, and Alpine Texworld. Meanwhile, recent listings have shown a mixed bag of returns, highlighting the dynamic nature of public market debuts.
Open for Subscription
Today marks the final day for investors to subscribe to three ongoing initial public offerings. These issues represent diverse sectors, offering various investment opportunities for retail participants.
| Company | Issue Price | Min. Investment | Subscription Window |
|---|---|---|---|
| Millworks Technologies Ltd. | ₹331 per share | ₹331 | 2026-07-14 → 2026-07-16 |
| SBI Funds Management Ltd. | ₹574 per share | ₹574 | 2026-07-14 → 2026-07-16 |
| Alpine Texworld Ltd. | ₹105 per share | ₹105 | 2026-07-14 → 2026-07-16 |
For each of these issues, the minimum investment amount is calculated based on a lot size of one share, making them accessible for retail investors. Today is the last chance to place bids for these IPOs.
Recent Listings
The past week has seen several companies make their market debuts on NSE and BSE. Listing performance has varied, providing insights into investor sentiment and market conditions. Here’s a look at the companies that have recently listed, with a focus on those where listing prices are available for detailed analysis.
| 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 |
Kratikal Tech Ltd. delivered the strongest debut among those with available listing data, listing at ₹192 against an issue price of ₹135, resulting in a gain of +42.22%. This translates to a per-lot gain of ₹57 for investors. In contrast, Seemax Resources Ltd. faced a challenging debut, listing at ₹112.8 against an issue price of ₹141, marking a −20.00% loss, or −₹28.2 per lot. Other recent listings include Kusumgar Ltd. (July 15), IC Electricals Company Ltd. (July 10), Teja Engineering Industries Ltd. (July 7), and Vinit Mobile Ltd. (July 7). Specific listing prices for these companies were not immediately available for detailed analysis.
Upcoming IPOs
The pipeline for new public issues continues to evolve, with two new IPOs expected to open for subscription in the coming days. Investors should keep an eye on these opportunities as they approach their launch dates.
| Company | Issue Price | Min. Investment | Expected Dates |
|---|---|---|---|
| Sotefin Bharat Ltd. | ₹187 per share | ₹187 | 2026-07-16 → 2026-07-20 |
| Caliber Mining and Logistics Ltd. | ₹424 per share | ₹424 | 2026-07-17 → 2026-07-21 |
Sotefin Bharat Ltd. opens for subscription today, July 16, offering shares at ₹187 with a minimum investment of ₹187. Caliber Mining and Logistics Ltd. is set to follow, opening on July 17 with an issue price of ₹424 per share. These upcoming issues will add further depth to the primary market offerings.
Overall, the Indian IPO market presents a dynamic landscape with ongoing subscription opportunities, recent listings showing varied performance, and a steady stream of new issues on the horizon. Investors are encouraged to conduct their due diligence on each company’s fundamentals and offer details.