20 Sept 2026
6 companies line up IPOs worth ₹3,825 cr amid brisk primary market activity
Six mainboard companies, including Elevate Campuses and Varmora Granito, will raise ₹3,825 crore through initial public offerings opening for subscription between September 22 and September 28. Most open on September 23. The money will mainly fund expansion, capital spending, debt repayment and working capital. If you plan to apply, note the dates and review each company's details carefully.
Key Statutory Highlights
- Six mainboard companies will open their IPOs for public subscription between September 22 and September 28, with most of them opening on September 23.
- The six companies together seek to raise ₹3,825 crore, and Elevate Campuses alone is aiming for ₹2,100 crore with shares priced at ₹343-362.
- The funds raised will largely be used for business expansion, capital expenditure, debt repayment, working capital and general corporate purposes.
Actionable Advice for Taxpayers / Founders:If you are thinking of applying, note the September 22 to 28 window and read each company's offer details before you decide. Share market investments carry risk and are not a guaranteed gain.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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