The primary market will remain active in the coming week of April 27–May 1, 2026, as two companies are set to launch their initial public offerings (IPOs), with one issue each from the mainboard and small and medium enterprise (SME) segments.
The week will also see two listings, including one from the mainboard segment and one from the SME segment.
Upcoming IPOs This Week
The following IPOs are set to open in the week of April 27–May 1, 2026.
OnEMI Technology Solutions IPO (Mainboard)
OnEMI Technology Solutions, the fintech firm backed by Temasek Holdings and known for its digital lending platform Kissht, will open its IPO for subscription on April 30. The issue will conclude on May 5, allotment of shares will likely be finalised on May 6 and the stock is tentatively scheduled to debut on May 8 on both the NSE and BSE.
The company plans to raise Rs 925.92 crore through its IPO, which includes a fresh issue of Rs 850 crore and an offer-for-sale of Rs 75.92 crore by existing shareholders such as Vertex, Ventureast Proactive Fund, and Ammar Sdn Bhd.
The company has fixed the IPO price band at Rs 162-171 per share. Retail investors can bid for a minimum lot of 87 shares, requiring an investment of Rs 14,877 at the upper end of the price band.
Founded in 2016, OnEMI Technology Solutions offers technology-driven credit solutions for consumers and businesses. It operates through two brands — Kissht, which provides loans and EMI financing, and Ring, which offers payment solutions. Its subsidiary, Si Creva Capital Services, manages lending operations, KYC processes, and collections.
From the fresh issue proceeds, Rs 637.5 crore will be used to strengthen the capital base of Si Creva to support future growth, while the remaining amount will be used for general corporate purposes. JM Financial is the book-running lead manager to the issue, while Kfin Technologies is the registrar.
Amba Auto Sales & Services IPO (SME)
Amba Auto Sales & Services opened its IPO for subscription on April 27 and the issue will remain open till April 29. The company is likely to finalise share allotment on April 30, while the proposed listing on the NSE SME platform is scheduled for May 5.
The Bengaluru-based company aims to raise Rs 65.12 crore through an entirely fresh issue of 4.82 million equity shares. The price band for the IPO has been fixed at Rs 130-135 per share.
Retail investors can bid for a minimum lot of 1,000 shares. At the upper price band, the minimum application amount comes to Rs 1,35,000.
Established in 2005, Amba Auto Sales & Services is an authorised dealer for Bajaj Auto and LG Electronics India. It operates under the Amba Bajaj and Amba LG Best Shop brands. Its portfolio includes sales and servicing of two-wheelers, three-wheelers and premium motorcycles, along with a range of consumer appliances such as televisions, refrigerators, washing machines and air conditioners.
The company has a network of 29 showrooms and service centres, primarily located across Bengaluru.
Funds raised from the IPO will be used for opening new showrooms, upgrading existing outlets, meeting working capital requirements and other general corporate needs.
Capital Square Advisors is the book-running lead manager for the issue, while Bigshare Services is acting as the registrar.
Upcoming IPO Listings To Watch This Week
Apart from fresh IPO launches, Adisoft Technologies’ Rs 74.10-crore public issue will close for subscription on April 27. The SME offer had received bids for 3.16 times the shares on offer till April 24. The company is expected to list on the NSE SME platform on April 30.
The IPO is entirely a fresh issue of 4.31 million equity shares. Proceeds from the issue will be used to repay borrowings, set up a new factory unit, meet working capital requirements, and for general corporate purposes.
In the mainboard segment, Citius Transnet Investment Trust (InvIT) is scheduled to make its stock market debut on April 29. The InvIT, which focuses on acquiring, managing and investing in transport infrastructure assets such as roads, had received 20.43 times subscription during its IPO last week.
The Rs 1,105-crore issue was entirely a fresh issue. Funds raised will primarily be used for partial or full acquisition of securities of SRPL and identified project SPVs, including TEL, JSEL, Dhola and Dibang.
