IPO Tracker: Three Mainboard, Five SME IPOs To Hit D-Street This Week

India's primary market will see some moderate action this week, with three new mainboard initial public offerings and three in the small and medium enterprises segments.

iValue Infosolutions Ltd., VMS TMT Ltd., and Euro Pratik Sales Ltd. will open for bidding in the mainboard segment.

Infinity Infoway Ltd., JD Cables Ltd., Sampat Aluminium Ltd. and TechD Cybersecurity Ltd. will open for bidding in the SME segment. L.T.Elevator Ltd. along with Airfloa Rail Technology Ltd. will close their IPOs.

VMS TMT's initial public offering will soon open for subscription on Sept 17. The company has set the IPO price band at Rs 94 to Rs 99. The IPO will conclude on Sept. 19. The Thermo Mechanically Treated Bars maker is aiming to allot its initial public offering on Sept. 22.

Euro Pratik Sales's initial public offering will open for subscription on Sept 16. The company has set the IPO price band at Rs 235 to Rs 247. The IPO will conclude on Sept. 18. The decorative wall panel and decorative laminates seller is aiming to raise up to Rs 451 crore.

iValue Infosolutions announced the price band for its initial public offering, which is set to open on Thursday, Sept. 18. The IPO consists only of an offer for sale of 1.87 crore equity shares of face value of Rs 2 each. Investors can bid for shares in the price band of Rs 284 to Rs 299, as per a public advertisement on Monday. Bids can be made for a minimum of 50 equity shares (Rs 14,950) and in multiples thereafter. The IPO size based on the upper price band amounts to Rs 560 crore.

JD Cables' initial public offering will soon open for subscription on Sept 18. The company has set the IPO price band at Rs 144 to 152. The IPO will conclude on Sept. 22. The high-quality cables and conductors manufacturer is aiming to allot its initial public offering on Sept. 19.

Sampat Aluminium Ltd.'s initial public offering will soon open for subscription on Sept 17. The company has set the IPO price band at Rs 114 to 120. The IPO will conclude on Sept. 19. The high-quality cables and conductors manufacturer is aiming to allot its initial public offering on Sept. 22.

Urban Co., Dev Accelerator Ltd., and Shringar House of Mangalsutra Ltd. are set to list on Wednesday, Sept. 17.

The IPOs were open for bidding between Sept. 10 and 12.