Next week will be particularly significant for investors with the mainboard IPOs of Euro Pratik Sales and VMS TMT. Euro Pratik's IPO will be open from September 16th to 18th, while VMS TMT's IPO will be open from September 17th to 19th. In addition, several companies are scheduled for listing, creating new opportunities for investors in the market.
Upcoming IPO: The week commencing September 15th promises to be a busy one for stock market investors. During this period, mainboard IPOs from companies like Euro Pratik Sales and VMS TMT will be opening. Euro Pratik Sales aims to raise ₹451.31 crore solely through an Offer for Sale (OFS), while VMS TMT plans to reduce debt and fund expansion by issuing new shares worth approximately ₹148.50 crore. Alongside these, listings of several other companies, including Vashistha Luxury Fashion, Neelachal Carbo Metallics, and Urban Company, are also slated.
Euro Pratik Sales IPO
Euro Pratik Sales, a manufacturer of decorative wall panels, will open its IPO for investors from September 16th to September 18th. The company has set the price band for its shares at ₹235 to ₹247 per share. This issue will not involve the issuance of new shares; it will be entirely an Offer for Sale (OFS). The promoters are set to sell shares worth a total of ₹451.31 crore.
The company's portfolio includes popular brands like Euro Pratik and Gloirio. For the fiscal year 2025, the company's revenue stood at ₹284.22 crore, marking a 28.22 percent increase compared to the previous year. Furthermore, the company's profit grew to ₹76.44 crore, reflecting a growth of 21.51 percent.
The lot size for this IPO has been set at 60 shares. The issue is being managed by DAM Capital Advisors, Axis Capital, and MUFG Intime India.
VMS TMT IPO
VMS TMT, a Gujarat-based steel company, will also enter the market next week. Its IPO will be open for subscription from September 17th to September 19th. The company has set the price band for its shares at ₹94 to ₹99 per share.
Through this issue, the company plans to issue approximately 1.50 crore new shares, aiming to raise around ₹148.50 crore. Notably, this issue will not include any OFS component. The funds raised will be utilized by the company for its corporate needs and debt repayment.
As per the figures for fiscal year 2025, the company reported revenue of ₹770.19 crore, profit of ₹14.73 crore, and total assets of ₹412.06 crore. The lot size for this IPO has been fixed at 150 shares.
Key Listings Next Week
In addition to IPOs, several companies are also scheduled for listing on the stock market next week.
- September 15: Vashistha Luxury Fashion.
- September 16: Neelachal Carbo Metallics, Krupalu Metals, Taurian MPS, and Carbonsteel Engineering.
- September 17: Urban Company, Shringar House of Mangalsutras, Dev Accelerators, Jai Ambe Supermarkets, and Galaxy Medicare.
- September 18: Airflow Rail Technology.
These listings are expected to offer investors opportunities for both short-term and long-term gains.
Why Focus on Euro Pratik and VMS TMT
Euro Pratik Sales is entering the market banking on its b brands and consistent profit growth, while VMS TMT is attracting investor attention with its expansion plans and debt reduction strategy. Euro Pratik has solidified its position in the decorative panel industry, with its products popular in urban and semi-urban markets. On the other hand, VMS TMT aims to capitalize on the growing demand for steel in the construction and infrastructure sectors.
A Big Week for Investors
The upcoming week is set to be significant for investors. Besides mainboard IPOs from Euro Pratik and VMS TMT, the listings of small and medium-sized companies will also influence market sentiment. For investors looking for new opportunities, this week could prove to be very busy and important.
