IPO calendar: Primary market will see 1 new public offering, but 9 listings will make headlines next week

The primary market will see limited new openings next week, with only one company launching its public subscription offering. However, it is planned that as many as nine companies will be listed on motherboard and SME platforms. The only new issue opening next week is the Rs 1,087 crore Sedemac Mechatronics IPO. The offer, which is entirely an offer to sell, opens on March 4 and closes on March 6. The price range has been fixed at Rs 1,287-1,352 per share.At the high end, the company has a pre-IPO market capitalization of around Rs 5,971 crore. The minimum retail investment is Rs 14,872 for one lot of 11 shares.

Sedemac, a Pune-based technology company founded in 2007, designs and manufactures control electronics for automotive and industrial applications. It is known for its sensorless commutation based integrated ECU technology for starter generators for two and three wheelers.The company has shown steady financial growth, with total revenues rising to Rs 775 crore for the nine months ended December 2025, and profit after tax at Rs 71 crore.

Because the issue is entirely an OFS, the proceeds go to the selling shareholders and not to the company. Market participants will be closely monitoring gray market activity and anchoring participation to gauge investor interest, especially given the mixed sentiment seen in recent listings.

Ads to dominate the week

While new fundraising activities are muted, mentions will drive the action. Clean Max Enviro Energy Solutions, which barely scraped by on its last day with almost full subscription thanks to institutional support, is scheduled to debut. The premium on the gray market is currently negative, which indicates a cautious quotation.

Shree Ram Twistex, which has been subscribed nearly 44 times, is entering the market with strong retail and NII participation. However, the GMP is flat at 0%, indicating that the listing is expected to occur close to the issue price.

PNGS Reva Diamond Jewelery, which has been subscribed a total of 1.3 times, is also trading at a negative GMP, indicating limited stock market gains. Omnitech Engineering has a flat gray market signal with a subscription of 1.2 times.

On the SME side, Yaap Digital, Accord Transformer, Mobilize App, Kaisa Retail and Striders Impex will make their debut. Of these, only Accord Transformer shows a decent GMP of around 9% above the issue price, indicating relatively higher listing interest. The others are flat or weak in the unofficial market.

This reflects a cautious primary market. High subscription levels no longer automatically translate into strong gray market premiums. Investors appear to be selective, focusing on fundamentals, valuations and sector prospects rather than chasing every issue.

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