Wait is over! Ather Energy, 4 other IPOs to energise investors next week

IPO Calendar: The primary investors are set to remain engaged next week as Initial public offering (IPO) activities gains momenutm after a brief hiatus. In the mainline segment, Ather Energy IPO is scheduled to open for public subscription on Monday, April 28, 2025, marking the end of the ongoing lull that has persisted for nearly two months. Activity in the Small and medium enterprises (SME) segment is also expected to pick up, with three new public offerings set to open, and one scheduled to make its debut on D-Street. 

Here are the complete details of IPO activities scheduled for next week, from Monday, April 28, 2025, to Friday, May 2, 2025:

Mainboard IPO next week

Ather Energy IPO: The public offering of Ather Energy is scheduled to open for subscription on Monday, April 28, 2025, and close on Wednesday, April 30, 2025. At the upper end of the IPO price band, the company seeks to raise ₹ 2,980.76 crore from the public issue. 

 

Saraswati Saree Depot is offering a fresh issue of 81.8 million shares and an offer for sale of 11.1 million shares of the company, with a face value of ₹1 apiece. The IPO will be available with a price band of ₹304-321 and a lot size of 46 shares. Accordingly, investors can bid for a minimum of 46 shares and in multiples thereof. A retail investor would require a minimum of ₹14,766 to bid for one lot, and ₹1,91,958 to bid for a maximum of 13 lots or 598 shares.

 

The company's shares are likely to be allotted on Friday, May 2, 2025, while they will reflect in the demat account on Monday, May 5, 2025. Ather Energy shares are scheduled to list on BSE and NSE on Tuesday, May 6, 2025. 

SME IPOs next week:

From the SME segment, Tankup Engineers, whose IPO closes for subscription today, will make its debut on the NSE SME next week. The basis of allotment of the company's shares is to be finalised tentatively on Monday, April 28, 2025.

 

Tankup Engineers' shares are scheduled to list on the NSE SME tentatively on Wednesday, April 30, 2025.

 

Besides this, the segment is also set to witness the launch of three new offerings from Iware Supplychain Services, Kenrik Industries, and Arunaya Organics. Among them, Iware Supplychain Services IPO will open for subscription on Monday, April 28, 2025, and close on Wednesday, April 30, 2025.

 

Meanwhile, Kenrik Industries IPO, and Arunaya Organics IPO will open for subscription on Tuesday, April 29, 2025, and close on Friday, May 2, 2025.