Five new initial public offerings will open for subscription during the week of July 14-18, 2026, according to latest reports. Alpine Texworld Limited will open for subscription on July 14 and close on July 16, with the company fixing a price band of ₹100 to ₹105 per share. SBI Funds Management Limited will launch its ₹11,693 crore maiden public offering on the same dates, setting a price band of ₹545 to ₹574 per share. The asset management company's entire issue will be an Offer for Sale by its promoters, State Bank of India and Amundi India Holding, with proceeds going to selling shareholders. Additionally, Millworks Technologies Limited will launch its SME public issue on July 14, with bidding scheduled to close on July 16, fixing the IPO price band at ₹315 to ₹331 per share. With all three IPOs opening and closing on the same dates, investors will need to assess the companies' financial performance, valuations, business risks and growth prospects before placing their bids.
The government will release inflation and exports, imports data for June during the week, as reported by Moneycontrol. This economic data release will provide crucial insights into the country's economic performance and inflationary trends for the month of June. The data will be closely watched by market participants and policymakers for its implications on monetary policy and economic outlook. Additional economic data including consumer credit, trade balances, existing home sales, and jobless claims will also be released this week.
Ahead of the IPO, State Bank of India sold a 1.42% stake in SBI Funds Management to 30 investors through a pre-IPO placement, raising ₹1,655 crore. The shares were sold at ₹574 apiece, equivalent to the upper end of the IPO price band, according to an exchange filing by the bank. Investors participating in the pre-IPO placement included funds managed by 360 ONE, Tata AIG General Insurance Company, Go Digit General Insurance, Bennett Coleman, Anand Rathi Global Finance, Capri Global Ventures and Carnelian Bharat Amritkaal Fund. The pre-IPO transaction is expected to attract additional attention to the offering, given SBI Funds Management's position in India's asset management industry and the participation of several institutional investors.
Apart from new IPOs, the market will witness three new stock market debuts during the week. Kusumgar IPO will list on NSE and BSE with a tentative listing date fixed as July 15. Laser Power & Infra IPO will list on the BSE with a tentative listing date fixed as July 16. Happy Steels IPO will list on the NSE SME with a tentative listing date fixed as July 16. These new listings will provide additional liquidity to the market and offer investors new investment opportunities across different segments.
Among the recently concluded IPOs, Kusumgar IPO received an overwhelming response from investors, getting subscribed 128.85 times, making it one of the most talked-about public issues in recent weeks. The IPO was priced between ₹398 and ₹419 per share and consisted entirely of an Offer for Sale, meaning the company will not receive any fresh funds from the issue. The basis of allotment is expected on July 13, followed by refunds and demat credit on July 14, with shares likely to list on July 15. The company manufactures specialised performance fabrics used across industries such as defence, aerospace, automotive and industrial applications, and investors will closely watch whether the stock delivers strong listing gains given the strong subscription.
