Market Bizzz

GK Energy’s IPO, opening Friday with a price band of Rs 145-153, aims to raise Rs 464.26 crore. As India’s largest solar-powered agricultural pump EPC provider under PM-KUSUM, it boasts strong revenue and profit growth. While analysts see potential, reliance on government subsidies and negative cash flows pose risks, advising long-term subscription for high-risk investors.

Siddhi Cotspin, a cotton yarn manufacturer, is set to launch its IPO on Friday. The IPO aims to raise Rs 69.85 crore. It includes a fresh issue of shares and an offer for sale. The subscription will remain open until September 23. The company plans to list on the NSE SME platform on September 26.

Kesar Enterprises shares will trade ex-split on September 18. The stock split ratio is 10:1. The face value reduces from Rs 10 to Rs 1. The record date is September 18, 2025. Shareholders on this date will get split shares. This corporate action increases share liquidity. Each shareholder gets ten shares for every one held.

Mazagon Dock Shipbuilders, NALCO, Bharat Dynamics, and MOIL will trade ex-dividend on Thursday, with Friday, September 19, 2025, as the record date. Investors must buy shares today to be eligible for dividends. Mazagon Dock offers Rs 2.71 per share, NALCO Rs 2.50, Bharat Dynamics Rs 0.65, and MOIL Rs 1.61.

Five Nifty500 stocks, including Maruti Suzuki, GE Vernova T&D India, and L&T Finance, hit a 5-year swing high on September 17, signalling bullish sentiment and potential upside mom

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.

Gujarat’s Sampat Aluminium is launching its Rs 30.53 crore IPO on Wednesday. The IPO will remain open until September 19. Listing on BSE SME platform is scheduled for September 24. The company plans to use the funds to establish a new manufacturing unit in Mehsana. The IPO price is fixed between Rs 114 and Rs 120 per share.

VMS TMT, an Ahmedabad-based TMT bar manufacturer, is launching its Rs 149 crore IPO on Wednesday, with the aim of expanding its presence in the steel sector. The IPO, priced between Rs 94 and Rs 99 per share, seeks to utilize the proceeds primarily to reduce borrowings and for general corporate purposes.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.

Euro Pratik Sales (EPSL) launched its ₹451.3 crore IPO on Tuesday, closing September 18, with listing expected September 22. The price band is ₹235–247 per share. The IPO is an offer for sale by promoters. EPSL, a wall panel brand, saw a 28% revenue increase to ₹284 crore in FY25, with strong margins.