India's primary market is bracing for an exceptionally busy week beginning July 20, with massive capital deployment planned across mainboard and Small and Medium Enterprise (SME) platforms. A total of seven companies will hit the primary market to raise fresh capital, while five entities are scheduled to make their stock market debuts on the exchanges.Among the candidates that have officially announced their issue price bands, public offerings will collectively mobilise over ₹5,254 crore. With heavyweights like Indo MIM and Lohia Corp. set to finalise their valuation structures shortly, the total primary fundraising tally for the week is set to surge even higher.Mainboard Offerings: Cube Highways Trust & Tech Trio Drive InterestLeading the mainboard charge is Cube Highways Trust InvIT, whose ₹5,000 crore offering opens on July 22 and closes on July 24. The infrastructure investment trust has set its price band at ₹151-₹152 per share. Structured entirely as an Offer for Sale (OFS), the proceeds from this issue will go directly to existing unit holders, offering institutional and retail investors targeted exposure to income-generating highway assets.Simultaneously, a trio of public issues will launch on July 23, remaining open for subscription through July 27:Extranet Technologies: The IT solutions provider aims to raise ₹170 crore through a completely fresh issue priced between ₹120 and ₹127 per share. The capital will be utilised for debt repayment, capital expenditures on systems and hardware, and operational working capital.Indo MIM: The Bengaluru-headquartered precision engineering component manufacturer will launch a hybrid issue comprising a fresh equity issue of ₹500 crore and an Offer for Sale of 68.2 million shares, with a priority on debt reduction.Lohia Corp: The Kanpur-based technical textile machinery manufacturer will tap the market with a pure Offer for Sale, providing liquidity to selling promoters without diluting fresh equity.SME Segment: Three Compact Issues Open for SubscriptionThe SME platform will witness steady activity across diverse manufacturing and industrial service sectors:Gulf Lloyds India: Launching on July 20, this fixed-price SME issue seeks to raise ₹18.19 crore at ₹100 per share.Metallic Technoforge: Opening on July 21 with a price band of ₹72 to ₹77 per share, the company aims to raise ₹49.96 crore to build a new manufacturing unit, expand existing infrastructure, and settle outstanding debt.Shree Balaji Mala Textiles: Opening on July 22 with a price band of ₹66- ₹70 per share, the textile firm plans to raise ₹18.9 crore to meet its working capital requirements.Meanwhile, ongoing issues are reaching their final stages. Calibre Mining & Logistics closes its ₹450 crore mainboard issue on July 21 after securing over 1.21 times subscription, while Sotefin Bharat wraps up its SME offering on July 20.Five Listings Scheduled: SBI Funds Management Leads Street DebutMarket focus will equally centre on the listing bell, with five companies transitioning to public trading floors:Company NameIssue TypeScheduled Listing DateGrey Market Premium (GMP) TrendSBI Funds ManagementMainboardJuly 21~16% PremiumMillworks TechnologiesSMEJuly 21~117% PremiumAlpine TexworldMainboardJuly 21Muted (~0% Premium)Sotefin BharatSMEJuly 23Moderate ActivityCalibre Mining & LogisticsMainboardJuly 24~27% PremiumHeadlining the debuts is SBI Funds Management, India's largest asset management company, following an overwhelmingly successful public subscription. While Millworks Technologies commands the highest grey-market interest, market experts advise retail investors to evaluate core business fundamentals rather than rely solely on unofficial listing premiums.
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