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  1. Upcoming IPOs: Clean Max Enviro Energy, Shree Ram Twistex, Accord Transformer, 5 other issues to open next week, 4 listings scheduled; check list

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Upcoming IPOs: Clean Max Enviro Energy, Shree Ram Twistex, Accord Transformer, 5 other issues to open next week, 4 listings scheduled; check list

Kamal Joshi

3 min read | Updated on February 20, 2026, 15:09 IST

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SUMMARY

Upcoming IPOs: Clean Max Enviro Energy Solutions' ₹3,100 crore initial share sale will be the biggest issue to open next week. The issue will be a mix of fresh issuance of 1.14 crore shares worth ₹1,200 crore and an offer for sale (OFS) of ₹1,900 crore.

Of the four upcoming listings next week, only one is a mainboard IPO. | Image: Shutterstock

Of the four upcoming listings next week, only one is a mainboard IPO. | Image: Shutterstock

Upcoming IPOs: At least eight initial public offerings will open for subscription in the week starting February 23. They include four mainboard issues of Clean Max Enviro Energy Solutions, Shree Ram Twistex, Omnitech Engineering and PNGS Reva Diamond Jewellery.

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The SME IPOs that will open next week include Kiaasa Retail, Mobilise App Lab, Accord Transformer & Switchgear and Omnitech Engineering.

Clean Max Enviro Energy Solutions' ₹3,100 crore initial share sale will be the biggest issue to open next week. The issue will be a mix of fresh issuance of 1.14 crore shares worth ₹1,200 crore and an offer for sale (OFS) of ₹1,900 crore. The company has fixed a price band of ₹1,000 to ₹1,053 per share.

The ₹583 crore IPO of Omnitech Engineering is a mix of fresh issue valued at ₹418 crore and an OFS of ₹165 crore. With a price band of ₹216 to ₹227 per share, a lot consists of 66 shares.

Clean Max Enviro Energy Solutions IPO

  • Issue size: ₹3,100 crore (fresh issue + OFS)
  • Price band: ₹1,000 to ₹1,053 per share
  • Subscription period: Opens February 23, closes February 25
  • Listing on NSE and BSE: March 2
  • Lot size: 14 shares

Shree Ram Twistex IPO

  • Issue size: ₹110.24 crore (fresh issue)
  • Price band: ₹95 to ₹104 per share
  • Subscription period: Opens February 23, closes February 25
  • Listing on NSE and BSE: March 2
  • Lot size: 144 shares

PNGS Reva Diamond Jewellery IPO

  • Issue size: ₹380 crore (fresh issue)
  • Price band: ₹367 to ₹386 per share
  • Subscription period: Opens February 24, closes February 26
  • Listing on NSE and BSE: March 4
  • Lot size: 32 shares

Omnitech Engineering IPO

  • Issue size: ₹583 crore (fresh issue + OFS)
  • Price band: ₹216 to ₹227 per share
  • Subscription period: Opens February 25, closes February 27
  • Listing on NSE and BSE: March 5
  • Lot size: 66 shares

Kiaasa Retail IPO

  • Issue size: ₹69.72 crore (fresh issue)
  • Price band: ₹121 to ₹127 per share
  • Subscription period: Opens February 23, closes February 25
  • Listing on BSE SME: March 2
  • Investment requirement for individual investor: 2,000 shares

Mobilise App IPO

  • Issue size: ₹20.10 crore (fresh issue)
  • Price band: ₹75 to ₹80 per share
  • Subscription period: Opens February 23, closes February 25
  • Listing on BSE SME: March 2
  • Investment requirement for individual investor: 3,200 shares

Accord Transformer & Switchgear IPO

  • Issue size: ₹25.59 crore (fresh issue)
  • Price band: ₹43 to ₹46 per share
  • Subscription period: Opens February 23, closes February 25
  • Listing on BSE SME: March 2
  • Investment requirement for individual investor: 6,000 shares

Yaap Digital IPO

  • Issue size: Fresh issue of 55.25 lakh shares
  • Price band: Not announced yet
  • Subscription period: Opens February 25, closes February 27
  • Listing on BSE SME: March 5
  • Investment requirement for individual investor: Not announced yet

IPO listings next week

IPOListing Date
Fractal IndustriesFebruary 24
Yashhtej IndustriesFebruary 25
Gaudium IVF and Women HealthFebruary 27
Manilam IndustriesFebruary 27
To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page.

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About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.

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