By FractionalTech Research Team | Saturday, August 22, 2026
Primary market momentum in India remains intense. While recent offerings like Lalithaa Jewellery Mart and Horizon Industrial Parks wrap up their allotment stages, attention has shifted to the major mainboard launch of Augmont Enterprises Limited, which opened on Friday, August 21 and runs through Tuesday, August 25, 2026.
This guide covers the full mainboard and SME IPO lineup opening and closing across the final week of August 2026.
📊 Primary Market Pipeline at a Glance
| Company Name | Segment | Issue Size (Cr) | Price Band (₹) | Open Date | Close Date | Allotment Date |
| Augmont Enterprises Ltd | Mainboard | ₹825.00 | ₹750 – ₹788 | Aug 21, 2026 | Aug 25, 2026 | Aug 27, 2026 |
| Tempsens Instruments Ltd | Mainboard | ₹320.00 | ₹285 – ₹300 | Aug 20, 2026 | Aug 24, 2026 | Aug 25, 2026 |
| Skyways Air Services Ltd | Mainboard | ₹410.00 | ₹131 – ₹137 | Aug 24, 2026 | Aug 27, 2026 | Aug 28, 2026 |
| CleanTech Energy India Ltd | Mainboard | ₹1,200.00 | ₹210 – ₹222 | Aug 24, 2026 | Aug 26, 2026 | Aug 27, 2026 |
| Madhur Knit Crafts Ltd | SME (NSE) | ₹28.50 | ₹95 – ₹100 | Aug 24, 2026 | Aug 27, 2026 | Aug 28, 2026 |
🟡 1. Spotlight Feature: Augmont Enterprises Limited (Mainboard)
Augmont Enterprises is one of India’s largest integrated precious metals platforms. Operating across 24 states, the company combines B2B wholesale bullion trading (Augmont SPOT) with consumer-facing digital and physical gold products (Augmont Gold For All), supported by in-house refining facilities and a jewelry manufacturing unit in Jaipur.
AUGMONT ENTERPRISES IPO TENTATIVE SCHEDULE
Aug 21, 2026 Aug 25, 2026 Aug 27, 2026 Aug 31, 2026
┌─────────────────────┬─────────────────────┬─────────────────────┬─────────────────────┐
│ Issue Opened │ Bidding Closes │ Allotment Finalized │ Tentative Listing │
│ (Friday) │ (Tuesday) │ (Thursday) │ (Monday - BSE/NSE) │
└─────────────────────┴─────────────────────┴─────────────────────┴─────────────────────┘
📄 Issue Structure & Application Sizes
- Total Issue Size: ₹825.00 Crore (Fresh Issue: ₹620.00 Cr | OFS: ₹205.00 Cr)
- Price Band: ₹750 to ₹788 per equity share
- Lot Size: 19 Shares (Minimum Retail Application: ₹14,972 at upper band)
- Reservation Breakdown: QIB: 50% | Retail: 35% | NII: 15%
🎯 Objects of the Issue
- Working Capital Requirements (₹465 Cr): Procurement, maintenance, and scaling of gold/silver inventory and advance margin requirements for direct bullion imports.
- General Corporate Purposes: Capital allocation for ongoing technological upgrades across the Augmont SPOT platform and general administrative needs.
💡 Fundamental Performance & Recommendation Verdict
- Financial Growth: Total revenue surged to ₹94,186 Crore in FY26, with Profit After Tax (PAT) jumping 53% to ₹348.30 Crore.
- GMP & Demand: Grey Market Premium (GMP) opened strongly at +₹300 (+38.07%) over the upper price band, backed by 2.88x total subscription on Day 1.
- Verdict: SUBSCRIBE (For Listing Gains & Medium-Term Hold)Pros: Strong digital gold adoption, scale advantages, near debt-free balance sheet. Risks: High revenue volume offset by thin net profit margins (~0.37%) inherent to bullion trading.
🌡️ 2. Tempsens Instruments India Limited (Mainboard)
Tempsens Instruments is a manufacturer of thermal engineering products, temperature sensors, non-contact pyrometers, and industrial heating cables.
TEMPSENS INSTRUMENTS IPO SCHEDULE
Aug 20, 2026 Aug 24, 2026 Aug 25, 2026 Aug 28, 2026
┌─────────────────────┬─────────────────────┬─────────────────────┬─────────────────────┐
│ Issue Opened │ Bidding Closes │ Allotment Finalized │ Tentative Listing │
│ (Thursday) │ (Monday) │ (Tuesday) │ (Friday) │
└─────────────────────┴─────────────────────┴─────────────────────┴─────────────────────┘
📄 Issue Structure & Objectives
- Issue Size: ₹320.00 Crore | Price Band: ₹285 – ₹300 per share
- Lot Size: 50 Shares (Minimum Retail Investment: ₹15,000)
- Purpose: Expansion of production lines in Udaipur, debt reduction, and R&D for thermal sensor calibration.
💡 Recommendation Verdict: SUBSCRIBE (Long-Term)
- Steady EBITDA margins of ~18.5% and a strong order book from defense, power, and glass manufacturing sectors provide stable long-term earnings visibility.
✈️ 3. Skyways Air Services Limited (Mainboard)
Skyways Air Services is an air cargo logistics and freight forwarding company managing international logistics corridors across Asia, Europe, and North America.
SKYWAYS AIR SERVICES IPO SCHEDULE
Aug 24, 2026 Aug 27, 2026 Aug 28, 2026 Sep 01, 2026
┌─────────────────────┬─────────────────────┬─────────────────────┬─────────────────────┐
│ Opens (Monday) │ Closes (Thursday) │ Allotment Finalized │ Tentative Listing │
└─────────────────────┴─────────────────────┴─────────────────────┴─────────────────────┘
📄 Issue Structure & Objectives
- Issue Size: ₹410.00 Crore | Price Band: ₹131 – ₹137 per share
- Lot Size: 108 Shares (Minimum Retail Investment: ₹14,796)
- Purpose: Purchase of temperature-controlled warehousing equipment, software integration, and working capital.
💡 Recommendation Verdict: NEUTRAL / AVOID FOR LISTING GAINS
- Freight rate volatility and rising aviation fuel surcharges make short-term listing upside unpredictable.
🌿 4. CleanTech Energy India Limited (Mainboard)
CleanTech Energy India is a utility-scale solar and wind-solar hybrid power developer managing an operational portfolio of 1.8 GW across Western India.
CLEANTECH ENERGY INDIA IPO SCHEDULE
Aug 24, 2026 Aug 26, 2026 Aug 27, 2026 Aug 31, 2026
┌─────────────────────┬─────────────────────┬─────────────────────┬─────────────────────┐
│ Opens (Monday) │ Closes (Wednesday) │ Allotment Finalized │ Tentative Listing │
└─────────────────────┴─────────────────────┴─────────────────────┴─────────────────────┘
📄 Issue Details & Objectives
- Issue Size: ₹1,200 Crore (Fresh Issue: ₹900 Cr | OFS: ₹300 Cr)
- Price Band: ₹210 – ₹222 per share (Lot Size: 65 Shares)
- Purpose: Construction of the 400 MW hybrid project in Kutch, Gujarat, and prepayment of term loans.
💡 Recommendation Verdict: SUBSCRIBE (Long-Term Growth)
- Post-issue valuation at ~21.5x P/E is reasonable relative to peers like Tata Power and Adani Green, backed by 25-year PPAs.
🧵 5. Madhur Knit Crafts Limited (NSE SME)
Madhur Knit Crafts manufactures specialized knitted fabrics and ready-to-wear apparel sold through domestic retail brands and export channels.
MADHUR KNIT CRAFTS IPO SCHEDULE
Aug 24, 2026 Aug 27, 2026 Aug 28, 2026 Sep 01, 2026
┌─────────────────────┬─────────────────────┬─────────────────────┬─────────────────────┐
│ Opens (Monday) │ Closes (Thursday) │ Allotment Finalized │ Tentative Listing │
└─────────────────────┴─────────────────────┴─────────────────────┴─────────────────────┘
📄 Issue Details & Objectives
- Issue Size: ₹28.50 Crore | Price Band: ₹95 – ₹100 per share
- Lot Size: 1,200 Shares (Minimum Retail SME Investment: ₹1,20,000)
- Purpose: Capital expenditure for high-speed circular knitting machinery and working capital needs.
💡 Recommendation Verdict: AVOID
- High customer concentration and low return on equity make this SME issue risky relative to alternative options.
📋 Essential Application Checklist for Investors
- Cut-Off Price: Always check the “Cut-off Price” box on your broker portal to ensure your bid remains valid at the final discovered issue price.
- One Application per PAN: Multiple applications submitted under the same PAN across different accounts will be flagged and rejected automatically by the registrar.
- UPI Mandate Cutoff: Approve the UPI mandate on your BHIM or banking app before 5:00 PM on the closing day of the issue.
⚠️ SEBI Mandatory Statutory & Risk Disclosure
Statutory Disclosure & Advisory Note:
Investments in the securities market, including Initial Public Offers (IPOs), Mainboard listings, and Small & Medium Enterprise (SME) issues, carry inherent market risks. Read all offer-related documents, including the Red Herring Prospectus (RHP) issued by the respective companies, carefully before making any investment decisions.
The financial analysis, issue timelines, valuation metrics, company reviews, and subscription recommendations provided in this article are strictly for educational, informational, and academic purposes. This content does not constitute financial advice, investment recommendations, portfolio management services, or an endorsement to buy, sell, or subscribe to any financial security.
The author and the FractionalTech Research Team are NOT SEBI-registered Investment Advisers (IA) or Research Analysts (RA), nor are we registered stockbrokers. Past financial performance is no guarantee of future listing gains or market returns. Readers are strongly advised to conduct independent research and consult a qualified SEBI-registered financial adviser before submitting any IPO applications or executing trades.