# Seven IPOs to raise over Rs 6,400 crore next week

2026-08-16T16:42:43+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 2 independent outlets

Seven companies are set to launch IPOs between August 17 and 21, collectively aiming to raise more than Rs 6,400 crore, the Times of India reports. The line-up includes Horizon Industrial Parks, Lalithaa Jewellery Mart, Shankesh Jewellers, Sunshine Pictures, Gaja Alternative Asset Management, Tempsens Instruments, and Augmont Enterprises. Rediff puts the number at six companies targeting nearly Rs 5,600 crore, excluding Augmont Enterprises. Both outlets agree that Horizon Industrial Parks (Rs 2,600 crore) and Lalithaa Jewellery Mart (Rs 1,700 crore) open on August 17. Shankesh Jewellers and Sunshine Pictures open on August 18, Gaja Alternative Asset Management on August 19, and Tempsens Instruments on August 20, according to both sources. Rediff reports the week's final IPO from Tempsens, while the Times of India adds Augmont Enterprises on August 21 with an Rs 825-crore issue. Funds from fresh issues will be used for business expansion, capital expenditure, and debt repayment. The Times of India says this will bring the number of 2026 IPOs to 55, Rediff projects 54. Separately, Skyways Air Services is scheduled to launch a Rs 583-crore IPO on August 24, keeping the primary market pipeline active, both outlets report.

## Coverage

- rediff.com <https://www.rediff.com/business/report/upcoming-ipos-six-companies-eye-rs-5600-crore-in-busy-primary-market-week/20260816.htm>
- timesofindia.indiatimes.com <https://timesofindia.indiatimes.com/business/india-business/rs-6400-crore-ipo-rush-7-companies-set-to-tap-primary-market-next-week/articleshow/133277944.cms>

This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources. Last updated 2026-08-16T17:31:49+00:00.

Tags: Gaja Alternative Asset Management, Horizon Industrial Parks, Lalithaa Jewellery Mart, Shankesh Jewellers, Sunshine Pictures, Tempsens Instruments
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How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/
