Latest IPO News — ₹1,255.57 Cr Subscriptions

12 September 2026 · Market Update
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings

Latest IPO News (as of September 11, 2026)

Recently Closed IPOs (Week of September 9–11, 2026)

Six major IPOs closed subscriptions on September 11, 2026, drawing overwhelming investor interest. Key highlights include:

  • Rentomojo IPO:
  • Size: ₹1,255.57 crore
  • Price band: ₹384–₹404
  • Subscription: 72.88x overall, led by QIBs (177.29x) and HNIs (67.93x)
  • Proceeds will be used for warehouse/experience store leases and general corporate purposes.
  • Karamtara Engineering IPO:
  • Size: ₹875 crore
  • Price band: ₹241–₹254
  • Subscription: 62.63x overall, with strong retail (3.28x) and HNI (6.16x) participation.
  • LCC Projects IPO:
  • Size: ₹427.14 crore
  • Price band: ₹139–₹146
  • Subscription: 13.59x overall, driven by retail (14.57x) and HNIs (26.92x).
  • Other IPOs that closed included:

  • Asset Reconstruction Company (India) Ltd (Arcil): ₹732.97 crore, modest subscription of 4.11x.
  • Manipal Payment and Identity Solutions: ₹805 crore, fully subscribed.
  • Steamhouse India: ₹414 crore, moderate response.
  • Upcoming IPOs (September 16–22, 2026)

    Several high-profile IPOs are scheduled to open soon:

  • National Stock Exchange (NSE) IPO
  • Date: September 17–21, 2026
  • Price band: ₹1,700–₹1,785
  • Size: ₹22,568.94 crore (OFS)
  • Grey market premium (GMP) stood at ₹191 as of September 11, 2026.
  • Hero Motors Ltd IPO
  • Date: September 16–18, 2026
  • Price band: ₹79–₹84
  • Size: ₹1,000 crore.
  • Jindal Supreme India Ltd IPO
  • Date: September 16–18, 2026
  • Price band: ₹88–₹93
  • Size: ₹124.88 crore.
  • SS Retail Ltd IPO
  • Date: September 16–18, 2026
  • Price band: ₹403–₹424
  • Size: ₹500 crore.
  • Sonaselection India Ltd IPO
  • Date: September 17–21, 2026
  • Price band: ₹94–₹99
  • Size: ₹141.6 crore.
  • SME IPOs

  • Axiom Gas Engineering Ltd IPO: September 18–22, 2026, ₹53–₹57, ₹49.8 crore.
  • Kheria Autocomp Ltd IPO: September 17–21, 2026, ₹101–₹106, ₹46.4 crore.
  • Key Takeaways

  • Strong investor sentiment: Recent IPOs saw subscriptions ranging from 4x to over 70x, reflecting robust market appetite.
  • NSE IPO: Expected to be a landmark event, though regulatory challenges have delayed its listing.
  • Sector diversity: IPOs span fintech (Rentomojo), engineering (Karamtara), real estate (SS Retail), and financial infrastructure (NSE).
  • Stay tuned for subscription updates and listing dates for the upcoming IPOs!

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    This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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