September 11, 2026: India’s primary market remains active on September 11, with Manika Plastech opening its ₹125.50 crore IPO and several ongoing issues drawing investor interest. Kanohar Electricals closed its issue with 90.11 times subscription, while Rentomojo’s IPO subscription is nearing five times.
Top IPO Headlines
- Kanohar Electricals IPO Closes With 90.11x Subscription
September 11, 2026: Kanohar Electricals’ IPO was subscribed 90.11 times, with its grey market premium indicating a potential 35.60% listing premium. Allotment is expected to be finalised on September 11. - Manika Plastech IPO Opens With GMP Signalling 30% Listing Upside
September 11, 2026: The ₹125.50 crore Manika Plastech IPO opened for subscription on September 11. Its grey market premium is indicating a potential listing upside of around 30%. - Rentomojo IPO Subscription Nears 5x
September 11, 2026: Rentomojo’s ₹1,255.57 crore IPO has attracted strong demand, with subscription nearing five times. Non-institutional investors have been among the key contributors to demand. - Karamtara Engineering IPO Subscription Reaches 2.75x
September 11, 2026: Karamtara Engineering’s IPO has been subscribed 2.75 times, while its grey market premium points to a potential 26% listing gain. - Glasswall Systems IPO Reaches 10.67x Subscription
September 11, 2026: Glasswall Systems’ IPO has received 10.67 times subscription. Its grey market premium stands at ₹65, indicating a potential 35.71% premium. - Asset Reconstruction IPO Subscription Below One Time
September 11, 2026: The Asset Reconstruction IPO was 0.87 times subscribed by 5 PM on Day 2, although retail and non-institutional investor demand had crossed the one-time mark. - Veegaland Developers IPO Enters Day 2
September 11, 2026: Veegaland Developers’ IPO was subscribed 62% overall on Day 1, with retail investors subscribing to 82% of the shares on offer. Its GMP indicates a potential 18% listing gain. - Steamhouse India IPO Subscription at 0.80x
September 11, 2026: Steamhouse India’s IPO was 0.80 times subscribed, while its grey market premium stood at ₹20, indicating a potential 24.69% premium. - Prasol Chemicals IPO Allotment Expected on September 11
September 11, 2026: Prasol Chemicals’ ₹500 crore IPO closed on September 10 with strong subscription. The share allotment is expected to be finalised on September 11, with listing planned on the BSE.
