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Hot IPO Activity Lined Up Next Week: Scoda Tubes, Leela Hotels, Prostarm, Belrise & Borana Weaves in Focus

IPO activity is expected to heat up in the final week of May as several IPOs are lined up, giving retail investors and institutional investors a wide variety of options to choose from. Major companies ranging from IT infrastructure to steel tubes and chemicals are entering the public markets, and the IPO activity is expected to remain high next week. Here's a full list of the companies heading for IPO next week.

1. Schloss Bangalore Limited IPO

Topping the IPO queue this week is Schloss Bangalore Limited, better known in the hospitality sector as Leela Hotels. The Leela Hotels IPO is a Rs. 3,500 crore book-built issue, comprising Rs. 2,500 crore as a fresh issue and Rs. 1,000 crore as an offer for sale. The Leela Hotel IPO, which is opening on May 26 and closing on May 28, is expected to see high demand due to the company's premium brand image in India's luxury hospitality space. The price band has been set at Rs. 413 to Rs. 435 per share. With allotment slated for May 29 and listing on both the NSE and BSE expected on June 2.

2. Scoda Tubes Limited IPO

Scoda Tubes Limited is another company heading to the public markets this week, with its IPO opening on May 28 and closing on May 30, 2025. Known for its stainless steel seamless and welded pipe manufacturing, Scoda Tubes is launching a Rs 220 crore IPO, completely comprising a fresh issue of 1.57 crore shares. The IPO price band is in the range of Rs. 130 to Rs. 140 per share. With allotment expected on June 2 and listing likely by June 4.

Hot IPO Activity Lined Up Next Week: Scoda Tubes, Leela Hotels, Prostarm & More

3. Aegis Vopak Terminals Limited IPO

Aegis Vopak Terminals Limited is also opening its IPO this week, with subscription dates from May 26 to May 28. Aegis Vopak is a major player in the bulk liquid storage and logistics sector, which is vital for petrochemical and oil imports and exports in India. The Aegis Vopak IPO comprises a fresh issue of Rs Rs.2,800 crores with 11.91 crore shares up for grabs. The IPO price band is fixed at Rs. 223 to Rs. 235 per share. The allotment date is set for May 29, while the listing on BSE and NSE is tentatively scheduled for June 2.

3. Prostarm Info Systems Limited IPO

Prostarm Info Systems Limited is drawing attention from tech-savvy investors. The company, which specialises in power backup and IT infrastructure solutions, is launching its IPO from May 27 to May 29th. Prostarm Info Systems IPO is entirely a fresh issue worth Rs. 168.00 crores, offering 1.60 crore equity shares. The IPO price band is set between Rs.95 and Rs.105 per share. With listing scheduled on BSE and NSE by June 3 and allotment expected to be finalised by May 30.

IPOs That Closed This Week

1. Belrise Industries Limited IPO

From last week's IPO activity, Belrise Industries Limited generated strong investor interest. This auto components manufacturer launched a fresh issue worths. 2,150 crore, offering 23.89 crore shares. The IPO ran from May 21 to May 23, 2025. The company's focus on EV-ready components positions it well in the future of the mobility landscape. The IPO allotment is expected to be finalised on Monday, May 26, with listing on both BSE and NSE scheduled for May 28.

2. Borana Weaves Limited IPO

Rounding off the recently closed IPOs is Borana Weaves Limited, a textile company with strong domestic and export market presence. Its Rs. 144.89 crore IPO opened on May 20 and closed on May 22, with an astounding 147x subscription rate. The allotment was completed on May 23, and the tentative listing date is May 27, 2025. Borana Weave's IPO is also on the watchlist of many retail and institutional investors.

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