4 Main board IPOs will open from tomorrow
The primary market is set for a bustling week as four companies across diverse sectors renewable energy, financial services, education, and technology are launching their Initial Public Offerings (IPOs) starting tomorrow. Solarworld Energy Solutions, Anand Rathi Share and Stock Brokers, Jaro Institute of Technology Management and Research, and Seshaasai Technologies are all slated to open for public subscription on September 23, 2025, and close on September 25, 2025. Collectively, these firms aim to raise a substantial ₹2,498.07 crores.
All four IPOs are expected to finalize share allotment on September 26 and are tentatively scheduled to debut on both the BSE and NSE on September 30, 2025, making for a synchronized and closely watched event for investors.
Solarworld Energy Solutions Ltd.
Kicking off the offerings, Solarworld Energy Solutions is launching a ₹490.00 crore IPO. The issue comprises a fresh issue of 1.25 crore shares amounting to ₹440.00 crores and an offer for sale (OFS) of 0.14 crore shares valued at ₹50.00 crores. The price band has been fixed at ₹333 to ₹351 per share. Retail investors can bid for a minimum lot of 42 shares, requiring an investment of ₹14,742 at the upper price band. The issue is managed by Nuvama Wealth Management Ltd., with MUFG Intime India Pvt. Ltd. acting as the registrar.
Anand Rathi Share and Stock Brokers Ltd.
Financial services firm Anand Rathi Share and Stock Brokers is putting forward a ₹745.00 crore IPO, which is entirely a fresh issue of 1.80 crore shares. The price for this public offer is set in the range of ₹393 to ₹414 per share. For retail participants, the minimum application size is one lot of 36 shares, translating to a minimum investment of ₹14,904. Nuvama Wealth Management Ltd. is also the lead manager for this issue, with MUFG Intime India Pvt. Ltd. serving as the registrar.
Jaro Institute of Technology Management and Research Ltd.
In the education sector, Jaro Institute aims to garner ₹450.00 crores through its public issue. This IPO is a combination of a fresh issue of 0.19 crore shares worth ₹170.00 crores and an OFS of 0.31 crore shares aggregating to ₹280.00 crores. The price band for the offering is ₹846 to ₹890 per share. A retail investor would need to invest a minimum of ₹14,240 for a single lot of 16 shares. The book running lead manager for the Jaro Institute IPO is Nuvama Wealth Management Ltd., and the registrar is Bigshare Services Pvt. Ltd.
Seshaasai Technologies Ltd.
Rounding out the quartet, Seshaasai Technologies is launching the largest IPO of the week with an issue size of ₹813.07 crores. The offering consists of a fresh issue of 1.13 crore shares to raise ₹480.00 crores and an OFS of 0.79 crore shares valued at ₹333.07 crores. The company has set the price band at ₹402 to ₹423 per share. The minimum investment for retail investors is ₹14,805 for a lot of 35 shares. IIFL Capital Services Ltd. is the lead manager, and MUFG Intime India Pvt. Ltd. is the registrar for the issue.