Without any restriction, promoters and early investors could sell large blocks of shares within days of listing, flooding the market with supply the moment retail investors have just bought in at the issue price. A lock in period prevents exactly that, forcing the people who knew the company best before it went public to keep their money in it for a defined stretch afterward. The idea is less about punishing insiders than about signalling genuine confidence, and about giving

IPO Analysis | BSE and NSE Main Board | 100% Book Built Offer (Fresh Issue and Offer for Sale) | Regulation 6(1) Based on Red Herring Prospectus dated July 30, 2026 | Water and Wastewater EPC and O&M Contractor for Government Authorities | New Delhi / Noida STATUS: LIVE RHP, ANCHOR BID AUGUST 6, BIDDING OPENS AUGUST 7 AND CLOSES AUGUST 11, 2026 Fresh Issue: up to 95,05,000 Equity Shares | Offer for Sale: up to 23,76,000 Equity Shares by Promoter Entity Kartikey Constructions

IPO Analysis | NSE Emerge | 100% Book Built Offer (Fresh Issue and Offer for Sale) | Regulation 229(2) Based on Red Herring Prospectus dated July 30, 2026 | Television, Film and Digital Content Production | Mumbai, Maharashtra STATUS: LIVE RHP, ANCHOR BID AUGUST 6, BIDDING OPENS AUGUST 7 AND CLOSES AUGUST 11, 2026 Fresh Issue: up to 50,00,000 Equity Shares | Offer for Sale: up to 12,00,000 Equity Shares by Promoter Vipul D. Shah | NSE Emerge Platform RoNW of 18.23% (FY26) is

IPO Analysis | BSE and NSE Main Board | 100% Book Built Offer (Fresh Issue and Offer for Sale) | Regulation 6(1) Based on Red Herring Prospectus dated August 1, 2026 | Pallet, Container and Material Handling Equipment Pooling (Asset-as-a-Service Supply Chain Infrastructure) | Mumbai, Maharashtra STATUS: LIVE RHP, ANCHOR BID AUGUST 6, BIDDING OPENS AUGUST 7 AND CLOSES AUGUST 11, 2026 Fresh Issue: up to Rs.4,800 Million | Offer for Sale: up to Rs.20,000 Million by Promoter Vert

IPO Analysis | BSE SME | 100% Book Built Issue (Pure Fresh Issue) | Regulation 229(2) and 253(1) Based on Draft Red Herring Prospectus dated May 18, 2026 | Automotive Components (Lighting, Motor, Mirror and Ancillary Parts) | Aurangabad, Maharashtra STATUS: DRHP FILED | PRE-SEBI OBSERVATION STAGE | ALL BID DATES AND PRICE BAND TO BE DETERMINED Pure Fresh Issue of up to 36,00,000 Equity Shares | No Offer for Sale | BSE SME Platform RoNW of 30.28% (FY25) Exceeds Both Listed Pee

IPO Analysis | BSE and NSE Main Board | 100% Book Built Offer (Fresh Issue and Offer for Sale) | Regulation 6(1) Based on Red Herring Prospectus dated July 27, 2026 | Lead Recycling and Manufacturing of Pure Lead and Lead Alloys | New Delhi STATUS: LIVE RHP, ANCHOR BID AUGUST 4, BIDDING OPENS AUGUST 5 AND CLOSES AUGUST 7, 2026 Fresh Issue: up to Rs.3,200 Million | Offer for Sale: up to 1,99,75,000 Equity Shares by 2 Promoters (Nil WACA) | Main Board Listing on BSE and NSE RoN

IPO Analysis | BSE SME | 100% Book Building Offer (Pure Fresh Issue) | Regulation 229(1) and 253(1) Based on Red Herring Prospectus dated July 27, 2026 | Robotic Solar Panel Cleaning and O&M Automation | Bengaluru, Karnataka STATUS: LIVE RHP, ANCHOR BID AUGUST 3, BIDDING OPENS AUGUST 4 AND CLOSES AUGUST 6, 2026 Pure Fresh Issue of up to 22,58,400 Equity Shares | No Offer for Sale | BSE SME Platform No Comparable Listed Peer Exists | RoNW of 29.93% (FY26) | Patented Robotics T

IPO Analysis | NSE Emerge | 100% Book Built Offer (Fresh Issue and Offer for Sale) | Regulation 229(2) and 253(1) Based on Red Herring Prospectus dated July 28, 2026 | Windmill Tower Manufacturing and Fabrication | Vapi, Gujarat STATUS: LIVE RHP, ANCHOR BID JULY 31, BIDDING OPENS AUGUST 3 AND CLOSES AUGUST 5, 2026 Fresh Issue: up to 52,84,800 Equity Shares | Offer for Sale: up to 13,00,800 Equity Shares by Promoter Nimish Kumar Rameshchandra Vashi | NSE Emerge Platform No Com

IPO Analysis | BSE SME | 100% Book Built Offer (Fresh Issue and Offer for Sale) | Regulation 229(1) and 253(1) Based on Red Herring Prospectus dated July 22, 2026 | Hybrid EdTech (AI enabled Education OTT and Offline Coaching Centres) | Mumbai, Maharashtra STATUS: LIVE RHP, BIDDING OPENS JULY 31, 2026 AND CLOSES AUGUST 4, 2026 Fresh Issue: up to 19,89,400 Equity Shares | Offer for Sale: up to 4,65,800 Equity Shares | Total: up to 24,55,200 Equity Shares BSE SME Platform | Anc