Neutral impactIPO

Upcoming IPOs: Varmora Granito, Swastika Infra, Elevate Campuses among mainboard issues to launch this week - Check GMP, price bands & more

ET Now 4 hrs ago·20 Sept 2026, 4:12 am
IPO ET Now

This week, the Indian primary market is set to see three new mainboard initial public offerings (IPOs) hit the market. Investors can look out for Varmora Granito, Swastika Infra, and Elevate Campuses, which are expected to open for subscription soon. These companies are looking to raise capital to fund their growth plans.

For investors, this news signals renewed activity in the IPO space. It provides an opportunity to diversify portfolios with fresh listings. However, as with any IPO, it is important to review the company's financial health and valuation before applying.

What to watch next is the subscription response. Strong demand from investors could push the share prices higher on listing day. Conversely, a lukewarm response might lead to volatility. Keep an eye on the grey market premium (GMP) as well, as it often hints at the listing mood.

Key takeaways

  • Category: IPO.
  • Assessed as a significant, market-relevant update.

Why it matters

A meaningful update worth tracking. Use the price and stock snapshot to gauge how the market is responding.

Summary & analysis by DocStoX. Full story at ET Now.

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Aggregated from third-party sources for research. Sentiment & impact are AI-generated, indicative, not advice.