4 IPOs Opening This Week: ₹6,300 Crore Worth of Opportunities
Jaspal Singh
Author

Despite all the market drama — the oil shock, the 1,353-point Sensex crash, the rupee hitting record lows — the IPO market in India refuses to slow down. This week (March 10-14, 2026), four new public issues are opening for subscription, collectively worth over ₹6,300 crore. Plus, three companies are making their stock market debut.
Let us walk through each IPO, what these companies do, and whether they deserve your money.
IPOs Opening This Week
1. Raajmarg Infra Investment Trust (InvIT) — ₹6,000 Crore
This is the big one. Raajmarg Infra InvIT is raising ₹6,000 crore through an entirely fresh issue of 600 million units. The subscription window opens on March 11 and closes on March 13.
An InvIT (Infrastructure Investment Trust) is like a mutual fund, but instead of stocks, it invests in infrastructure assets — in this case, toll roads. If you invest, you essentially become a part-owner of highway projects and earn income from toll collections.
| Detail | Value |
|---|---|
| Issue Size | ₹6,000 crore |
| Issue Type | Fresh issue (600 million units) |
| Open Date | March 11, 2026 |
| Close Date | March 13, 2026 |
| Sector | Infrastructure / Toll Roads |
Should you invest? InvITs are suitable for investors looking for regular income (like dividends from toll collections) rather than aggressive capital growth. They are lower risk than equity but higher yield than FDs. However, InvIT returns depend on traffic volumes and toll rate revisions, both of which can be unpredictable.
2. Innovision — ₹323 Crore
Innovision is a technology company raising ₹322.84 crore through a mix of fresh shares (4.7 million) and an offer for sale (1.2 million shares from existing shareholders). The IPO opens on March 10 and closes on March 12.
| Detail | Value |
|---|---|
| Issue Size | ₹322.84 crore |
| Price Band | ₹521 – ₹548 per share |
| Lot Size | 27 shares |
| Minimum Investment | ₹14,796 |
| Open Date | March 10, 2026 |
| Close Date | March 12, 2026 |
Should you invest? At a minimum investment of nearly ₹15,000, this is a mid-sized bet. Tech companies can offer strong growth potential, but in the current volatile market, listing gains are not guaranteed. Do your homework on the company's revenue growth, profitability, and competitive position before applying.
3. Apsis Aerocom — ₹36 Crore (SME)
Apsis Aerocom Limited is a smaller company raising ₹35.77 crore through an SME IPO. It opens on March 11 and closes on March 13, with allotment expected on March 16.
Should you invest? SME IPOs can deliver spectacular listing gains — or spectacular losses. They are high-risk, high-reward investments. Only invest if you can afford to lose the entire amount, and never bet more than 2-3% of your portfolio on any single SME IPO.
Listings This Week
Three companies that recently completed their IPO subscriptions are expected to debut on the stock exchanges this week:
- Srinibas Pradhan Constructions — a construction company
- Elfin Agro India — an agri-business company
- Acetech E-Commerce — an e-commerce platform
Listing day can be volatile. If you were allotted shares in any of these IPOs, decide in advance whether you want to sell on listing (for quick gains) or hold for the long term. Do not make emotional decisions on listing day.
How to Evaluate an IPO Before Investing
With so many IPOs hitting the market, it is tempting to apply for everything and hope for listing gains. But that is gambling, not investing. Here is a simple checklist to evaluate any IPO:
1. Check the Company's Financials
Look at revenue growth (is it growing year-on-year?), profitability (is the company making money or burning cash?), and debt levels (too much debt is a red flag). All this information is in the DRHP (Draft Red Herring Prospectus) filed with SEBI.
2. Understand the Business
Can you explain what the company does in one sentence? If not, skip it. The best investments are in businesses you understand.
3. Look at the Valuation
Compare the IPO's P/E ratio with listed peers in the same sector. If the IPO is priced at a premium to established companies, ask yourself: why should I pay more for an unproven company?
4. Check the Grey Market Premium (GMP)
The GMP gives you an idea of the expected listing price. A strong GMP suggests high demand. But remember — GMP is not guaranteed. It can change dramatically on listing day, especially in volatile markets like today's.
5. Consider the Market Conditions
IPOs launched during bull markets tend to list at a premium. In volatile or bearish markets (like the current one), listing gains are less certain. If you are investing for listing gains only, be cautious. If you believe in the company's long-term potential, market conditions matter less.
IPO vs SIP — Which Is Better for Wealth Creation?
Here is an uncomfortable truth: most IPOs underperform the broader market over the long term. A study of IPOs listed between 2020-2025 shows that more than half were trading below their listing price after one year.
Compare this to a simple SIP in a Nifty 50 index fund, which has historically delivered 12-15% annual returns over 10+ year periods. No research required, no DRHP to read, no grey market to monitor.
That does not mean you should never invest in IPOs. Some IPOs — like the listings of DMart, Tata Technologies, or Zomato — have created enormous wealth for early investors. The key is to be selective, not to apply for every IPO that comes along.
Use our SIP Calculator to compare how a monthly SIP can grow your wealth versus the hit-or-miss nature of IPO investing.
The Bottom Line
Four IPOs worth over ₹6,300 crore are opening this week, headlined by the ₹6,000 crore Raajmarg Infra InvIT. Despite market volatility from the oil crisis and Iran conflict, the primary market remains active.
For investors, the rule is simple: invest in IPOs based on fundamentals, not hype. Read the prospectus, understand the business, check the valuation, and never invest more than you can afford to lose. And for steady, low-effort wealth creation, a monthly SIP remains the most reliable path.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. IPO investments are subject to market risks. Please read the offer documents carefully before investing. Data is based on publicly available information as of March 10, 2026. Past IPO performance does not guarantee future results.
Written by
Jaspal Singh
Founder & Editor
Personal finance writer helping Indians make smarter money decisions through clear, jargon-free guides on taxes, investments, and budgeting.
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