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Upcoming IPOs This Week: Aegis Vopak, Scoda Tubes, Leela Hotels And 6 Other Public Issues To Open For Bidding

Upcoming IPO Next week: In the week starting May 26, as many as 10 companies are slated to tap the primary market to raise funds through their Initial Public Offers (IPOs). Here’s a look at all the primary market action which is likely to happen in the upcoming week:

Upcoming IPO 2025: The primary market is seeing renewed investor interest in 2025 after a stellar run in 2024. With more and more companies tapping the IPO route for raising funds, the primary market is expected to remain abuzz with activity.

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In the week starting May 26, as many as 9 companies are slated to tap the primary market to raise funds through their Initial Public Offers (IPOs). Here’s a look at all the primary market action which is likely to happen in the upcoming week:

Four Mainboard IPOs To Open For Subscription

The public issues of Aegis Vopak Terminals Ltd,Schloss Bangalore Ltd, Prostarm Info Systems Ltd and Scoda Tubes Ltd will open for subscription this week.

Aegis Vopak Terminals IPO

Aegis Vopak Terminals IPO’s bidding window will open on May 26. The three-day bidding window is scheduled to close on May 28. Aegis Vopak Terminals IPO is worth Rs 2,800 crore through a completely fresh issue of 11.91 crore shares. The price band for the issue is Rs 223 to Rs 235 per share. Shares of Aegis Vopak Terminals are scheduled to list on the BSE and NSE on June 2.

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Aegis Vopak Terminals Ltd (AVTL) owns and operates storage terminals for liquefied petroleum gas (LPG). The company provides storage for petroleum and other oil-based products.

Schloss Bangalore IPO

Schloss Bangalore IPO (Leela Hotels IPO) subscription window will remain open from May 26 to May 28. Schloss Bangalore plans to raise Rs 3,500.00 crore through a fresh issuance of 5.75 crore shares amounting to Rs 2,500 crore and an offer for sale component of 2.3 crore shares aggregating to Rs 1,000 crore. The price band for the public issue has been fixed at Rs 413 to Rs 435 per share. Shares of Leela Hotels will list on the NSE and BSE.

The tentative listing date for Leela Hotels’ shares is June 2. Schloss Bangalore Ltd. is a provider of hospitality-related services and operates under the "The Leela" brand name.

Prostarm Info Systems IPO

Prostarm Info Systems IPO’s subscription window will remain open from May 27 to May 29. The company plans to raise Rs 168 crore through a completely fresh issuance of 1.6 crore shares.

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Prostarm Info Systems IPO price band was fixed at Rs 95 to Rs 105 per share. Shares of Prostarm Info Systems Ltd. will be listed on the BSE and NSE. The tentative listing date for Prostarm Info Systems is June 3. The company specializes in selling energy storage equipment.

Scoda Tubes IPO

The bidding window of the Scoda Tubes IPO will remain open from May 28 to May 30. Scoda Tubes IPO aims to raise Rs 220.00 crore through a completely fresh issue of 1.57 crore shares. The price band for the Scoda Tubes IPO has been fixed at Rs 130 to Rs 140 per share. Scoda Tubes Ltd manufactures stainless-steel tubes and pipes. The products made by the company are categorised into seamless tubes and pipes and welded tubes and pipes. Shares of the metal products maker will be listed on the BSE and NSE. Shares of Scoda Tubes Ltd are expected to debut on the NSE and BSE on June 4.

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5 SME IPOs To Open For Subscription

The subscription window of Astonea Labs Ltd, Blue Water Logistics, Nikita Papers and two other public issues will open in the upcoming week:

Astonea Labs IPO

Astonea Labs IPO (Astonea Labs Ltd IPO) bidding window will remain open from May 27 to May 29. Astonea Labs Ltd aims to raise Rs 37.67 crore through a fresh issue of 27.9 lakh shares. Shares of Astonea Labs Ltd will list on the BSE SME platform. The tentative listing date for the shares is May 30. Astonea Labs Ltd undertakes contract manufacturing of pharmaceutical and cosmetic products.

Blue Water Logistics IPO

Blue Water Logistics IPO (Blue Water Logistics Ltd IPO) subscription window will remain open from May 27 to May 29. The logistics company aims to raise Rs 40.50 crore through a fresh issuance of 30 lakh shares. Shares of the logistics services provider will list on the NSE SME platform. The tentative listing date for the public issue is June 3. Blue Water Logistics Ltd is a provider of logistics and supply chain solutions.

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Nikita Papers IPO

Nikita Papers IPO (Nikita Papers Ltd IPO) will open for subscription on May 27 and close on May 29. The company plans to raise Rs 67.54 crore through the issue of 64.94 lakh shares. Shares of the paper manufacturer will list on the NSE SME platform. The tentative listing date for the company’s shares is June 3. Nikita Papers is a domestic manufacturer of paper and paper based products.

Neptune Petrochemicals IPO

Neptune Petrochemicals IPO (Neptune Petrochemicals Ltd IPO) subscription window will remain open from May 28 to May 30. Neptune Petrochemicals IPO is worth Rs 73.2 crore and through a fresh issuance of 60 lakh shares. The tentative listing date for the company’s shares is June 4. Shares of Neptune Petrochemicals will list on the NSE SME platform. The company is a maker of bitumen products and emulsions.

N R Vandana Tex Industries IPO

N R Vandana Tex Industries IPO (N R Vandana Tex Industries Ltd IPO) subscription window will remain open from May 28 to May 30. N R Vandana Tex Industries IPO aims to raise Rs 27.89 crore through issuance of 61.98 lakh shares. The tentative listing date for the company’s shares is June 4. Shares of N R Vandana Tex Industries will list on the NSE SME platform. NR Vandana Tex Industries is engaged in the design, manufacturing, and wholesale distribution of textile products.

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