Rentomojo, Manipal Payment, Karamtara, and LCC Projects have finalized their pricing for upcoming initial public offerings opening on September 9. This coordinated pipeline aims to raise over ₹3,362 crore from public markets amid strong investor appetite.
₹3,362 crore
Total Pipeline Target
⏳ Time Machine
How today’s news fits into the bigger picture
2015
Rentomojo Founded in Bengaluru
The furniture and appliance rental startup is launched, pioneering consumer subscription rentals in metropolitan India.
2021
Indian Tech IPO Rush Peak
Major loss-making internet startups list on local stock exchanges, prompting regulators to revise disclosure rules for pricing models.
2024
SEBI Eases Listing Rules
The regulatory board simplifies eligibility criteria for non-traditional startups, easing access to public retail capital.
Today
Four companies announce pricing for coordinate initial public offerings opening on September 9.
What happens next?
Subscriptions will close on September 11, with market listing dates expected by mid-September.
India's primary market is gearing up for a busy week as four major companies announce their pricing. Furniture rental startup Rentomojo, payment solution provider Manipal Payment, engineering firm Karamtara, and infrastructure player LCC Projects are all opening their bids on September 9. This flurry of activity comes right after SEBI cleared multiple initial public offerings, including the highly anticipated National Stock Exchange listing. Investors are showing immense enthusiasm, encouraged by the stellar 109% listing gain of ESDS Software. These companies are rushing to lock in capital while liquidity remains abundant. The upcoming week will test whether the retail and institutional market can seamlessly absorb this heavy volume of fresh equity.
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