One SME Issue To Open For Bidding, Vivid Electromech Shares To Debut On D-Street

After a truncated week, the first full trading week of April holds subdued action in the primary market with limited openings of initial public offerings. The coming week will witness the launch of one small and medium enterprises (SME IPO) and the listings of shares after the conclusion of one mainboard IPO.

Meanwhile, Nifty 50 and Sensex fell 0.5% and 0.4% during the holiday-shortened week as the Middle East war dragged on after US President Donald Trump vowed more aggressive strikes on Iran.

Here's a look at everything that will happen in the primary market between April 6-10, 2026:

Safety Controls IPO: SME Issue to open for bidding on April 6

Safety Controls IPO is a book build issue of Rs 48 crore. The issue is entirely a fresh issue of 0.6 crore shares of Rs 48 crore. The IPO opens for subscription on Apr 6, 2026 and closes on Apr 8, 2026. The allotment for the Safety Controls IPO is expected to be finalized on Apr 9, 2026. Safety Controls IPO will list on the BSE SME with a tentative listing date fixed as Apr 13, 2026.

The issue price band is set at Rs 75 to Rs 80 per share. The lot size for an application is 1,600 shares. Sobhagya Capital Options Pvt.Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is NNM Securities Pvt.

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New Listing

Vivid Electromech IPO: Listing on April 7

Vivid Electromech IPO opened for subscription on Mar 25, 2026 and closed on Mar 30, 2026. The allotment for Vivid Electromech IPO was finalized on Apr 2, 2026. Vivid Electromech shares will list on the NSE SME with a tentative listing date fixed as Apr 7, 2026. Vivid Electromech IPO was a book build issue of Rs 130.54 crore. The issue was a combination of fresh issue of 0.19 crore shares aggregating to Rs 104.56 crore and offer for sale of 0.05 crore shares aggregating to Rs 25.97 crore.

Upcoming IPO

Propshare Celestia IPO is a book build issue of Rs 244.65 crore. The issue is entirely a fresh issue of 0.00 crore shares of Rs 244.65 crore. Propshare Celestia IPO opens for subscription on Apr 10, 2026 and closes on Apr 16, 2026. The allotment for the Propshare Celestia IPO is expected to be finalized on Apr 17, 2026.

Propshare Celestia IPO will list on the BSE with a tentative listing date fixed as Apr 24, 2026. Ambit Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. It is not clear whether the issue is a mainboard IPO or an SME IPO.

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