Primary Market Bonanza: Three Mega IPOs Set to Open on July 14th to Raise ₹11,980 Crore

RJ Kesari News Desk: Spearheaded by the heavy-hitting SBI Funds Management IPO, the lineup includes a balanced mix of mainboard and Small and Medium Enterprise (SME) segments. Together, these corporate players aim to aggregate a massive ₹11,980 crore from institutional and retail investors.

🏛️ The Main Attraction: SBI Funds Management IPO

Representing the biggest public issue of the week, the SBI Funds Management IPO will remain open from July 14 to July 16, 2026.

• The Bid Parameters: The asset management giant has locked in a price band of ₹545 to ₹574 per share.

• Retail Lot Metrics: Bids can be placed for a minimum lot size of 26 shares, translating to a minimum retail commitment of ₹14,924 at the upper cap.

• The Structure: The issue is structured entirely as an Offer for Sale (OFS). This means the company will not receive any fresh capital injection; instead, the proceeds will completely monetize the partial holdings of existing institutional promoters.

Market Position: SBI Funds Management is India’s absolute largest asset management company (AMC). A powerful joint venture between the State Bank of India and Amundi of France, the powerhouse oversees ₹16.32 lakh crore in Assets Under Management (AUM), controlling roughly 15.5% of the total Indian mutual fund ecosystem. The financial powerhouse logged an impressive net profit of ₹3,067 crore for the fiscal year 2025-26. The stock is highly anticipated to debut on the BSE and NSE on July 21, 2026.

🧵 Expanding Footprints: Alpine Texworld IPO

Sharing the exact same timeline (July 14–16), textile processing specialist Alpine Texworld is hitting the mainboard to raise a fresh issue value of ₹126.25 crore.

• The Bid Parameters: The company has targeted an accessible price band of ₹100 to ₹105 per share.

• Retail Lot Metrics: Each commercial lot requires a commitment of 142 shares, capping a single lot investment at ₹14,910.

The core operational focus of Alpine Texworld revolves around high-capacity fabric dyeing and textile processing. Unlike the asset manager's OFS, this fresh capital injection will be directly deployed to expand local industrial infrastructure. The company plans to break ground on a brand-new, advanced weaving unit in Ahmedabad, liquidate existing corporate debt, and cover general working capital reserves. Backed by solid macro tailwinds, the company’s recent fiscal data revealed a staggering 152% surge in net profit alongside a 47% leap in year-on-year revenue.

⚙️ High Excitement in the SME Space: Millworks Technologies IPO

For investors searching for high-growth potential in alternative segments, the Millworks Technologies IPO is debuting its initial public offering on the BSE SME platform on July 14th.

The technology-driven engineering outfit has finalized its price band at ₹315 to ₹331 per share, seeking to accumulate ₹160.34 crore to fuel its future expansion phases. What has caught the immediate attention of the retail trading community is the massive unlisted momentum behind the issue. The company is already registering spectacular demand in unlisted broker circles, with its Grey Market Premium (GMP) soaring past the 100% mark. This massive premium strongly hints at a highly explosive, blockbusting listing day performance when it officially debuts on the exchange.