Four IPOs, together with Schloss Bangalore and Aegis Vopak, hitting D-Street subsequent week to lift Rs 6,600 crore – OXBIG NEWS NETWORK-OxBig News Network

The main market is ready to witness heightened exercise subsequent week as 4 main-board preliminary public choices (IPOs), together with these from Schloss Bangalore Ltd and Aegis Vopak Terminals, are scheduled to hit Dalal Street, collectively aiming to lift over Rs 6,600 crore.Alongside Schloss Bangalore and Aegis Vopak Terminals, IPOs of Prostar Info Systems and Scoda Tubes are additionally lined up for launch. In addition, the fairness markets will see the itemizing of two just lately concluded public points – Borana Weaves and Belrise Industries – on May 28 and May 29, respectively, PTI reported.The flurry of recent choices comes amid a broader slowdown in contemporary listings. So far in 2025, solely 12 corporations have floated IPOs, attributed largely to market volatility stemming from a mixture of home and world financial components.This marks a notable distinction to the sturdy IPO exercise in 2024, when 91 corporations collectively raised Rs 1.6 lakh crore, buoyed by robust retail participation, financial resilience, and surging personal capital expenditure.Despite the latest slowdown, a major pipeline of IPOs is increase. According to Axis Capital’s IPO Market Update – May 2025, 57 corporations have obtained remaining observations from the Securities and Exchange Board of India (Sebi), whereas one other 74 are awaiting regulatory clearance to proceed with their respective points.These upcoming IPOs span numerous sectors comparable to renewable power, co-working, prescription drugs, cables and wires, manufacturing, actual property, chemical compounds, and leisure, amongst others.Schloss Bangalore Ltd, which operates Leela Palaces Hotels & Resorts and is backed by Brookfield Asset Management, is launching a Rs 3,500-crore IPO. The problem features a contemporary fairness providing of Rs 2,500 crore and a proposal on the market (OFS) price Rs 1,000 crore by its promoter, Project Ballet Bangalore Holdings (DIFC) Pvt Ltd.The firm will use the web proceeds from the contemporary problem for reimbursement of loans taken by itself and its subsidiaries and for basic company functions. The worth band for the difficulty has been set at Rs 413–435 per share, with the subscription window open from May 26 to May 28.Aegis Vopak Terminals, a subsidiary of Aegis Logistics Ltd, goals to lift Rs 2,800 crore by way of a contemporary problem of fairness shares. Of the proceeds, Rs 2,016 crore shall be used to repay present debt, Rs 671.30 crore will fund capital expenditure associated to the acquisition of a cryogenic LPG terminal in Mangalore, and the stability will go in direction of basic company functions. The IPO will open on May 26 and shut on May 28, with a worth band of Rs 223–235 per share.Scoda Tubes, a Gujarat-based producer of stainless-steel tubes and pipes, is popping out with a completely contemporary problem aggregating as much as Rs 220 crore. The firm has mounted a worth band of Rs 130–140 per share. The problem opens on May 28 and concludes on May 30, with the anchor investor bidding scheduled for May 27. IPO proceeds shall be utilised for capability enlargement, working capital wants, and basic company functions.Prostar Info Systems, an built-in energy options supplier, plans to lift Rs 168 crore by way of a contemporary problem of 1.6 crore fairness shares by way of the book-building route. The IPO will open for subscription on May 27 and shut on May 29. The firm has set a worth band of Rs 95–105 per share.Proceeds from Prostar’s IPO shall be allotted as follows: Rs 72.50 crore for capital expenditure, Rs 17.95 crore for debt reimbursement, and the remaining quantity for strategic acquisitions, inorganic progress initiatives, and basic company functions.All 4 corporations will record their fairness shares on the BSE and NSE.