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Six mainboard IPOs, including Jain Resources Recycling, Epack Prefab Technologies, BMW Ventures, Jinkushal Industries, TruAlt Bioenergy, and Pace Digitek, see varied demand today.
IPOs Today.
IPOs Today: The primary market continues to see increased activity today, since as many as six mainboard IPOs are witnessed bidding today, September 26. Three of them — Jain Resources Recycling, Epack Prefab Technologies, and BMW Ventures — are going to be closed today. Two IPOs — Jinkushal Industries and TruAlt Bioenergy — are witnessing their second day of bidding. One IPO — Pace Digitek — opened for bidding today.
Subscription Status & GMP Of Six Mainboard IPOs (As of 10:30 am today):
| IPO Name | Subscription Status | GMP |
|---|---|---|
| Jain Resources Recycling (Day 3) | 1.35x | 7.33% |
| Epack Prefab Technologies (Day 3) | 0.64x | 7.35% |
| BMW Ventures (Day 3) | 0.25x | 8.08% |
| Pace Digitek (Day 1) | 0.02x | 14.61 |
| Jinkushal Industries (Day 2) | 2.56x | 17.36% |
| TruAlt Bioenergy (Day 2) | 0.49x | 16.13% |
Day 3 IPOs
Three IPOs are in their third day of bidding. Jain Resources Recycling has been subscribed 1.35 times, with a grey market premium (GMP) of 7.33%. Epack Prefab Technologies has seen 0.64x subscription and a GMP of 7.35%. BMW Ventures is at 0.25x subscription, while its GMP stands at 8.08%.
Day 2 IPOs
Two IPOs are in their second day. Jinkushal Industries is witnessing strong demand with 2.56x subscription and a GMP of 17.36%. TruAlt Bioenergy has received 0.49x bids so far, with a GMP of 16.13%.
Day 1 IPO
Among the newly opened issues, telecom infrastructure solutions provider Pace Digitek has seen a slow start with just 0.02x subscription. However, it is quoting a GMP of 14.61 in the grey market.
Pace Digitek Ltd on Thursday said it has mobilised over Rs 245 crore from anchor investors, just a day before its initial share-sale opening for public subscription. Some of the institutions that participated in the anchor include Bandhan Mutual Fund (MF) and Taurus MF, SBI General Insurance Company, Societe Generale, Saint Capital Fund, Aarth AIF Growth Fund and Nexus Global Opportunities Fund, according to a circular uploaded on the BSE website.
Pace Digitek has allocated 1,11,93,807 equity shares to these investors at Rs 219 apiece to anchor investors. This takes the total transaction size to Rs 245.14 crore, the circular showed.
The issue, with a price band of Rs 208 to Rs 219 per share, will open for subscription during September 26-30.
The Bengaluru-based company’s IPO is a completely fresh issue of shares worth Rs 819.15 crore.
Proceeds from the public issue, amounting to Rs 630 crore, will be used to fund capital expenditure requirements, and a portion will be allocated towards general corporate purposes.
Incorporated in 2007, Pace Digitek is a multi-disciplinary solutions provider specialising in the telecom passive infrastructure industry, including telecom tower infrastructure and optical fibre cables. The company’s revenue from operations was Rs 2,439 crore during FY25 as compared to Rs 2,434 crore in FY24. Its net profit stood at Rs 279 crore against Rs 230 crore a year ago.
Apart from these, 17 SMEs IPOs were also open for bidding on Thursday.
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More
September 26, 2025, 10:42 IST
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