The IPO market is buzzing with activity again. This week, four new public issues are set to open which include two from the mainboard and two from the SME segment. With these new IPO openings this week, it indicates that after a brief pause in the IPO markets in the past two months, companies are now gearing up to make their debut on Dalal Street, and investors have a lot to watch out for.

Along with these fresh IPOs, there is also action lined up on the allotment and listing front. Let’s take a look at what is opening, what is ongoing, and what is getting listed this week-

Two mainboard IPOs are opening this week, marking the first such offerings this month after the Ather Energy IPO, which was open for subscription from April 28 to April 30. Here is a look at the details of the two issues.

The first mainboard offer on the calendar is from textile maker Borana Weaves. Its Rs 144.89 crore issue opens on May 20 and closes on May 22. Priced between Rs 205 and Rs 216 a share, the entire float is a fresh issue of about 0.67 crore shares.

Investors will find out their allotment status by Friday, May 23, and the stock is pencilled in to debut on both the BSE and NSE on Tuesday, May 27. Beeline Capital Advisors is the lead manager, while KFin Technologies will handle the share allocation process.

In the unofficial grey market, Borana Weaves is quoted around Rs 279, roughly 29 percent above the top end of the price band. Grey‑market chatter can change quickly, though, and does not guarantee the actual listing price.

Auto‑components maker Belrise Industries follows right after. Its Rs 2,150 crore issue will be open for bids from May 21 to May 23, with a price band of Rs 85 to Rs 90 a share. Like Borana, the entire offering is a fresh issue, this one totaling 23.89 crore shares.

Allotment is expected on Monday, May 26, and the tentative listing date is Wednesday, May 28 on both exchanges. Axis Capital, HSBC Securities, Jefferies India, and SBI Capital Markets are leading the book, with Link Intime as registrar.

In the grey market, Belrise is changing hands near Rs 107, implying a premium of about 19 percent over the top band. It is important to note, grey‑market premiums move with sentiment and is not the official price .

Finance company Dar Credit and Capital is opening its SME IPO this week, opening for subscription from May 21 to May 23. The price band is set between Rs 57 and Rs 60 per share, with the issue size pegged at Rs 25.66 crore. This is a completely fresh issue of 42.76 lakh shares.

Allotment is likely to be finalised on May 26, and the shares are expected to list on NSE SME by May 28. The IPO is being managed by GYR Capital Advisors, with KFin Technologies as the registrar and SMC Global Securities acting as the market maker.

As for the grey market, Dar Credit and Capital is currently trading at a premium of 20%, which translates to an estimated listing price of Rs 72, up from the issue’s upper price of Rs 60. However, grey market figures can be volatile and are unofficial.

The second SME IPO of the week comes from tech services firm Unified Data-Tech Solutions Limited. Its issue opens on May 22 and will remain open till May 26. This is a pure offer for sale worth Rs 144.47 crore, comprising 52.92 lakh shares. The price band has been fixed at Rs 260 to Rs 273 per share.

The allotment is expected on May 27, and the listing is scheduled for May 29 on BSE SME. Hem Securities is the lead manager, and Hem Finlease is the market maker for the IPO, with KFin Technologies handling the allotment process.

In the grey market, it is quoting at a 64% premium, or about Rs 448 estimated listing price, over its upper price band of Rs 273. However, as always, grey market trends are indicative and not a guarantee of listing day performance.

Only one main allotment is lined up this week, that is, Borana Weaves IPO, with the allotment expected to be finalised on May 23.

A total of three SME listings are scheduled in the coming days-