On June 21,2026,Indian primary market showed renewed strength as geopolitical tensions in West Asia started easing,and investor mood also seems to have improved.
This better global mood has pushed companies to move faster with their fundraising plans through initial public offerings. And now,three mainboard IPOs are set to open for subscription next week,which does feel like market is trying to come back after nervous phase.
Waterways Leisure Tourism,which operates Cordelia Cruises,is planning its ₹585 crore IPO from June 23 to June 25. Price band is fixed at ₹769–808 per share,and money will mainly go towards lease payments of its subsidiary and general corporate requirements. Cruise tourism in India is growing,so naturally people may watch this one closely .
Advit Jewels IPO is also opening from June 23 to June 25. This ₹165.16 crore IPO has price range of ₹130–138 per share,and company wants to use funds for debt repayments and business expansion. Simple story,reduce pressure and grow business.
CSM Technologies IPO is scheduled from June 24 to June 27. This ₹146 crore offering will have price band of ₹107–113 per share,with funds targeted for working capital and acquisitions. Knack Packaging IPO is also in line and expected to announce its price band soon,planning to raise ₹475 crore for establishing new manufacturing facility in Gujarat.
Few things standing out rn:
- Waterways Leisure Tourism IPO is ₹585 crore with price band of ₹769–808 per share.
- Advit Jewels IPO is ₹165.16 crore and CSM Technologies IPO is ₹146 crore.
- Knack Packaging IPO plans to raise ₹475 crore for new manufacturing facility in Gujarat .
And tbh,bigger names are making market even more interesting. Zepto is aiming to raise over ₹10,000 crore,and SBI Mutual Fund is planning ₹13,000 crore IPO next month . When such large issues are waiting,small investors also start feeling that action is coming back.
According to market analysts,23 companies have successfully raised over ₹27,000 crore through IPOs in 2026. On top of that,236 mainboard IPO draft papers are currently in process. That is not a quiet pipeline by any angle.
But at same time,IPO excitement can become risky also. Good market mood does not automatically mean every listing will give profit. Pricing,company fundamentals,sector demand,all these things still matter only.
So yes,Indian IPO market looks lively again after West Asia tensions eased and confidence improved. But question is,whether this rush will create real wealth for investors or just another short-term listing fever…
