Tipco Engineering and Sai Parenteral's Announce IPOs Scheduled for March 2026

Tipco Engineering India Limited plans to open its Initial Public Offering (IPO) on March 23, 2026, aiming to raise approximately Rs 60.55 crore through 68.03 lakh shares priced between Rs 84 and Rs 89 each. The IPO includes a fresh issue and an offer-for-sale by promoter Ritesh Sharma, with proceeds intended for debt repayment, working capital, and corporate purposes. Shares will be listed on the BSE SME by April 1. Separately, Sai Parenteral's is set to launch its IPO on March 24, 2026, targeting Rs 285 crore via a fresh issue and an offer-for-sale, with funds allocated for capacity expansion, R&D, debt repayment, and corporate needs. Sai Parenteral's shares are expected to debut on NSE and BSE by April 2.