Upcoming IPOs: Leela Hotels, Aegis Vopak Terminals Among Six Issues To Open Early Next Week

Investors are in for a busy week as six IPOs are set to launch, marking a strong comeback in the primary market after almost three months of slowdown. Set to open on May 26 and 27, these offerings are expected to attract renewed momentum in investor activity and market participation.

The anticipation is further fuelled by this week's IPO movement, where investors showed a robust response towards the public offerings of Borana Weaves and Belrise Industries.

One of the most watched IPO will be the Schloss Bangalore IPO (Leela Hotels), which will open for subscription on Monday, May 26. On the same day, key logistics sector player Aegis Vopak Terminals IPO will also remain in focus.

Other companies that will mark their market debut are Prostarm Info Systems, Blue Water Logistics, Astonea Labs and Nikita Papers.

Also Read: Leela Hotels vs Aegis Vopak Terminals vs Prostarm Info Systems vs Scoda Tubes; IPO GMP Comparison

Leela Hotels is coming up with a Rs 3,500 crore IPO on Monday. The issue includes a fresh share issue worth Rs 2,500 crore and an offer for sale of Rs 1,000 crore. In total, 5.75 crore new shares and 2.30 crore shares under OFS will be offered. 

The price band for this IPO is fixed at Rs 413 to Rs 435 per share. The bidding will open on May 26 and will close on May 28. The allotment status will likely be finalised on May 29. The shares are set to list on both BSE and NSE, with a tentative listing date of June 2. Retail investors can participate in this IPO with a minimum investment amount of Rs 14,790.

The Leela brand is known for its luxury hotel chains - The Leela Palaces, The Leela Hotels, and The Leela Resort.

Aegis Vopak Terminals IPO opens on May 26 and closes on May 28. Aegis Vopak Terminals is India's largest third-party owner and operator of LPG and liquid product tank storage terminals. The IPO is a book-built issue worth Rs 2,800 crore, entirely a fresh offer of 11.91 crore shares. 

The price band is fixed at Rs 223–Rs 235 per share. The IPO will list on BSE and NSE, with a tentative listing date of June 2. Retail investors can apply for a minimum of 63 shares.

Prostarm Info Systems is launching its IPO worth Rs 168.00 crores. It is a fresh issue of 1.60 crore shares. The IPO opens on May 27 and closes on May 29. The allotment status is expected to be finalised on May 30, 2025. According to the tentative schedule,  the listing is likely on June 3 on the BSE and NSE.

The price band is Rs 95 to Rs 105 per share. The minimum lot size is 142 shares. Retail investors will need a minimum of Rs 13,490 to apply in the IPO.

Prostarm Info Systems provides integrated power solutions, including designing, manufacturing, and servicing UPS systems, inverters, lithium-ion batteries, and solar hybrid systems.

Blue Water Logistics is launching a Rs 40.50 crore IPO, which is entirely a fresh issue of 30 lakh shares. The SME IPO opens on May 27 and closes on May 29. The allotment will likely happen on May 30. The stock is expected to list on NSE SME on June 3. Blue Water Logistics IPO price band is set at Rs 132 to Rs 135 per share. 

This SME IPO is worth Rs 37.67 crores through a fresh issue of 27.90 lakh shares. The IPO will remain open for subscription between May 27-29. Investors can expect the allotment of the IPO on May 30 and the tentative listing date of June 3.

The price band is Rs 128 to Rs 135 per share, and retail investors can participate by buying a minimum of 1,000 shares.

In this SME IPO worth Rs 67.54 crores will open on May 27 for subscription. Investors will have until May 29 to apply for the IPO, for which the allotment is expected on May 30. The listing will take place on the NSE SME on June 3. The price band is Rs 95 to Rs 104 per share.