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Mainboard IPOs Live Now: German Green Steel, Orient Cables, Runwal & Snapdeal

Updated At: September 28th 2026
Author: Team Wealthy

Mainboard IPOs are currently open for subscription across sectors such as steel manufacturing, cables, real estate and e-commerce. 

The details below cover each issue, including timeline, price band, lot size, financials and stated use of proceeds. 

German Green Steel and Power

German Green Steel and Power logo

German Green Steel and Power Limited is a Gujarat-based iron and steel manufacturer with operations at Samakhiyali, Gujarat. The company produces sponge iron, MS billets and TMT bars, supported by captive power generation and hybrid wind-solar systems.

IPO datesSeptember 25, 2026 to September 29, 2026
Price band₹132 to ₹139 per share
Lot size107 shares; minimum investment of ₹14,873 at the upper price band
Issue size₹303.90 crore, including fresh issue of ₹290.00 crore and Offer for Sale of ₹13.90 crore

Revenue from operations increased from ₹1,129.78 crore in FY24 to ₹1,678.98 crore in FY26. Profit after tax rose from ₹41.67 crore to ₹79.89 crore over the same period. The company has stated that proceeds will be used mainly for expansion at the Samakhiyali facility and hybrid wind-solar plant, along with debt repayment and general corporate purposes.

Orient Cables (India)

Orient Cables India logo

Orient Cables (India) Limited manufactures networking cables, passive networking equipment, optical fibre and specialty control cables. Its products serve telecom, broadband, data centre, automotive and renewable energy applications.

IPO datesSeptember 25, 2026 to September 29, 2026
Price band₹258 to ₹272 per share
Lot size55 shares; minimum investment of ₹14,960 at the upper price band
Issue size₹552.00 crore, including fresh issue of ₹320.00 crore and Offer for Sale of ₹232.00 crore

Revenue from operations moved from ₹657.77 crore in FY24 to ₹1,171.65 crore in FY26. EBITDA stood at ₹96.40 crore in FY26, while profit after tax was ₹53.81 crore. The stated objects include machinery purchase, civil works, repayment or prepayment of borrowings and general corporate purposes.

Runwal Enterprises

Runwal Enterprises logo

Runwal Enterprises is a real estate developer focused on the Mumbai Metropolitan Region. Its portfolio spans affordable, mid-income and luxury housing, along with mixed-use commercial and retail developments.

IPO datesSeptember 25, 2026 to September 29, 2026
Price band₹290 to ₹305 per share
Lot size49 shares; minimum investment of ₹14,945 at the upper price band
Issue size₹499.83 crore, entirely a fresh issue

The company has disclosed a pipeline of 28 ongoing projects and 33 upcoming projects. Net proceeds are proposed for repayment or prepayment of company borrowings, investment in subsidiaries for repayment of their borrowings, and general corporate purposes including project acquisition and expansion.

Snapdeal Limited (AceVector)

AceVector Snapdeal logo

Snapdeal Limited, operated under AceVector, is an asset-light e-commerce platform focused on value-conscious shoppers in India. The platform uses recommendation models across discovery and ordering, and the group also holds a stake in Unicommerce.

IPO datesSeptember 25, 2026 to September 29, 2026
Price band₹30 to ₹32 per share
Lot size468 shares; minimum investment of ₹14,976 at the upper price band
Issue size₹420.00 crore, including fresh issue of ₹287.00 crore and Offer for Sale of ₹133.00 crore

The company reported a net loss of ₹126.31 crore in FY25 and ₹45.51 crore in FY26. The Unicommerce SaaS arm reported ₹204.34 crore in revenue, while cost per delivered unit stood at ₹28.99. The company plans to use fresh issue proceeds for marketing and business promotion, technology infrastructure, cloud hosting, AI optimisation and general corporate purposes.

 

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Disclaimer: This article is for informational purposes only and should not be considered investment advice. Investors should conduct their own due diligence and consult with a financial advisor before making any investment decisions.