Several Initial Public Offerings (IPOs) are currently open for subscription across the mainboard and SME platforms. This article covers key details about Steamhouse India, Asset Reconstruction Company (India), Karamtara Engineering, LCC Projects, Rentomojo, Amtech Esters and Infrax Renewable IPOs.
Steamhouse India Limited IPO
Steamhouse India Limited is an energy and utility generation company engaged in providing industrial steam solutions to manufacturing units. It installs, operates and maintains boilers and steam supply setups near manufacturing clusters.
| IPO Dates | September 9, 2026 - September 11, 2026 |
| Price Band | ₹77 - ₹81 per share |
| Lot Size | 185 equity shares |
| Listing Date | September 17, 2026 (BSE and NSE) |
| Issue Size | ₹414.00 crore, including fresh issue of ₹353.00 crore |
The company has stated that proceeds will be used for repayment or prepayment of outstanding borrowings of ₹180.00 crore, capacity expansion at Ankleshwar and Panoli, setting up a steam generation facility at Dahej SEZ, and general corporate purposes.
Asset Reconstruction Company (India) Limited IPO
Asset Reconstruction Company (India) Limited, or Arcil, is focused on acquiring distressed assets and non-performing loans from banks and financial institutions. It works on resolution and restructuring across industrial, commercial and retail stressed assets.
| IPO Dates | September 9, 2026 - September 11, 2026 |
| Price Band | ₹132 - ₹139 per share |
| Lot Size | 107 equity shares |
| Listing Date | September 17, 2026 (BSE and NSE) |
| Issue Size | ₹732.97 crore, entirely offer for sale |
| FY26 Total Income | ₹749.92 crore |
| FY26 PAT | ₹322.69 crore |
As the issue is entirely an offer for sale, the selling shareholders will receive the net proceeds and the company will not receive direct funds from the public issue.
Karamtara Engineering Limited IPO
Karamtara Engineering Limited manufactures power transmission towers, fasteners, structural steel components and solar module mounting structures for domestic and international utility and renewable energy clients.
| IPO Dates | September 9, 2026 - September 11, 2026 |
| Price Band | ₹241 - ₹254 per share |
| Lot Size | 59 equity shares |
| Listing Date | September 17, 2026 (BSE and NSE) |
| Issue Size | ₹875.00 crore, including fresh issue of ₹675.00 crore |
| FY26 Total Income | ₹4,316.36 crore |
| FY26 PAT | ₹228.75 crore |
The company proposes to use ₹600.00 crore for prepayment or repayment of borrowings and acceptances obligations, with the balance for general corporate purposes.
LCC Projects Limited IPO
LCC Projects Limited is an Engineering, Procurement and Construction infrastructure company focused on civil construction and water infrastructure projects. Its portfolio includes lift irrigation works, water distribution networks, pipeline systems and industrial construction.
| IPO Dates | September 9, 2026 - September 11, 2026 |
| Price Band | ₹139 - ₹146 per share |
| Lot Size | 102 equity shares |
| Listing Date | September 17, 2026 (BSE and NSE) |
| Issue Size | ₹427.14 crore, including fresh issue of ₹258.00 crore |
| FY26 Total Income | ₹3,639.45 crore |
| FY26 PAT | ₹286.44 crore |
The company plans to use ₹14.69 crore for heavy construction equipment and machinery, and ₹180.00 crore for repayment or prepayment of outstanding borrowings.
Rentomojo Limited IPO
Rentomojo Limited is a direct-to-consumer rental platform for furniture, appliances and fitness equipment in India. The platform enables users to subscribe to home items through long-term flexible plans.
| IPO Dates | September 9, 2026 - September 11, 2026 |
| Price Band | ₹384 - ₹404 per share |
| Lot Size | 37 equity shares |
| Listing Date | September 17, 2026 (BSE and NSE) |
| Issue Size | ₹1,255.57 crore, including fresh issue of ₹150.00 crore and OFS of ₹1,105.57 crore |
| FY26 Total Income | ₹394.09 crore |
| FY26 PAT | ₹104.30 crore |
Net proceeds from the fresh issue are proposed for repayment or prepayment of debt, lease payments and licence fees for fulfilment centres and stores, and general corporate purposes. The offer for sale represents a partial exit by existing shareholders, with reports naming Accel, Chiratae Ventures, Edelweiss Mutual Fund, GMO Venture and cofounder Geetansh Bamania among the selling shareholders.
Amtech Esters Limited SME IPO
Amtech Esters Limited operates in the specialty chemicals sector, producing specialty esters, intermediates and customised chemical solutions used in industrial, cosmetic and polymer manufacturing processes.
| IPO Dates | September 9, 2026 - September 11, 2026 |
| Price Band | ₹71 - ₹75 per share |
| Lot Size | 1 lot of 1,600 shares; minimum retail application of 1,600 shares |
| Listing Date | September 17, 2026 (BSE SME) |
| Issue Size | ₹17.88 crore, including fresh issue of ₹16.98 crore |
| FY26 Total Income | ₹40.75 crore |
| FY26 PAT | ₹4.22 crore |
The company proposes to use funds for investment in Croda Pigments Pvt Ltd, repayment or prepayment of borrowings, inorganic acquisitions and general corporate purposes.
Infrax Renewable Limited SME IPO
Infrax Renewable Limited is involved in power generation and renewable energy support services. The business provides equipment setup, operations and renewable technology deployment services to energy clients and commercial establishments.
| IPO Dates | September 9, 2026 - September 11, 2026 |
| Issue Price | ₹104 per share |
| Lot Size | 1 lot of 1,200 shares; minimum bid requirement of 2 lots or 2,400 shares, amounting to ₹2,49,600 |
| Listing Date | September 17, 2026 (BSE SME) |
| Issue Size | ₹40.88 crore, including fresh issue of ₹31.74 crore and OFS of ₹9.14 crore |
| FY26 Total Income | ₹93.33 crore |
| FY26 PAT | ₹10.20 crore |
The company has proposed to use proceeds for machinery and equipment, working capital requirements, issue expenses and general corporate purposes.
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.
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