Neutral impactIPO
6 mainboard IPOs open today: Karamtara Engineering, Steamhouse India, LCC Projects and more; Check GMP, key details
Economic Times 1 hr ago·9 Sept 2026, 2:31 am
Six mainboard initial public offerings (IPOs) are set to open for subscription today, offering retail investors a diverse range of options across various sectors. The issue size varies, with Rentomojo leading the pack with a proposed size of over Rs 1,255 crore, while others like Karamtara Engineering and Manipal Payment & Identity Solutions are also looking to raise significant capital. Investors can choose from these issues to build or diversify their portfolios.
For investors, this period presents a chance to participate in the primary market, which has been active recently. The mix of companies includes a consumer-facing firm like Rentomojo and financial services players like Manipal Payment, allowing for a spread of risk. It is important to review the company's financials and valuation before applying, as the grey market premium (GMP) indicates the buzz around the stock but does not guarantee listing gains.
Investors should watch the subscription numbers over the next few days. A strong response from institutional investors and a healthy subscription ratio can be a positive signal. Conversely, a muted response might impact the listing price. Monitoring the market trends and the overall sentiment towards IPOs will be key to understanding the potential performance of these newly listed companies.
Key takeaways
- Category: IPO.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.
