Author name: Apka IPO

Srigee DLM Limited is launching its SME IPO on the BSE SME platform from May 5 to May 7, 2025. The company, based in New Delhi, manufactures plastic and polymer products for industries such as home appliances and automotive. The IPO offers 1,714,800 equity shares at a price range of ₹94–99 per share, with a target of raising ₹16.12–16.98 crore. The minimum lot size is 1,200 shares, requiring an investment of ₹1,18,800. The allotment date is set for May 8, and shares are expected to be listed on May 12, 2025.

Wagons Learning Limited is launching its IPO from May 2 to May 6, 2025, offering a fresh issue of 30.80 lakh equity shares and an offer-for-sale of 16 lakh shares, amounting to ₹38.38 crore. The price range is set at ₹78 to ₹82 per share, with a minimum investment of ₹1,24,800 for a lot of 1,600 shares. The funds will be utilized for working capital, loan repayment, and general corporate purposes. The company plans to list its shares on the BSE SME platform on May 9, 2025.

Kenrik Industries Limited, founded in 2017 and based in Ahmedabad, is a manufacturer of handcrafted gold jewellery, featuring precious and semi-precious stones. The company is set to launch an IPO on the BSE SME platform, offering 34.98 lakh equity shares at ₹25 per share, with a target to raise ₹8.75 crore. The IPO will open on April 29, 2025, and close on May 2, 2025, with a minimum lot size of 6,000 shares. The funds raised will be used for working capital and other corporate purposes.

Arunaya Organics Limited is launching its IPO on the NSE EMERGE platform, open from April 29 to May 2, 2025. The company specializes in manufacturing and trading eco-friendly dyes and intermediates used in textiles, paper, and food industries. The offering includes a mix of fresh shares and an offer for sale, aiming to raise around ₹33.99 crore. Shares are priced between ₹55-₹58 with a minimum lot size of 2,000 shares. The listing is expected on May 7, 2025.

Iware Supplychain Services Limited is gearing up for its Initial Public Offering (IPO) on the NSE Emerge platform. Founded in 2018 and based in Ahmedabad, Gujarat, the company functions as a comprehensive logistics provider across India. Its offerings include warehousing services (such as third-party logistics and carrying & forwarding agent roles), transportation, rake handling, business auxiliary services, and rental income. The company has a broad presence across several states including Gujarat, West Bengal, Uttar Pradesh, Rajasthan, Punjab, Haryana, and Delhi, ensuring wide-reaching and dependable service coverage. The funds raised from the IPO will be used for expanding the business, supporting working capital needs, and addressing general corporate objectives.

​Tankup Engineers Limited, a Lucknow-based company specializing in manufacturing specialized vehicle superstructures for logistics applications, is launching its SME IPO on the NSE EMERGE platform.