Page 11 - Latest Updates on IPO
boAt's parent firm Imagine Marketing secures Sebi approval for IPO
Imagine Marketing, parent company of boAt, has secured Sebi approval for its IPO through the pre-filing route, eyeing a $1.5 bn valuation
 "boAt's parent firm Imagine Marketing secures Sebi approval for IPO")
Kiaasa Retail gets BSE approval for ₹55 crore IPO to fund expansion plans
The Ghaziabad-based retailer had filed its draft red herring prospectus (DRHP) with the BSE on April 18 and secured final in-principle approval on August 29
 "Kiaasa Retail gets BSE approval for ₹55 crore IPO to fund expansion plans")
Vikran Engineering IPO sees 23.59 times subscription on last day
The initial public offer (IPO) is a mix of fresh issue of shares of about ₹721 crore and an offer-for-sale portion worth ₹51 crore by the promoter
Groww gets Sebi approval for $1 billion IPO at $7-8 billion valuation
Groww has received Sebi approval for its $1 billion IPO, which will be India's largest capital market fundraise, valuing the firm at $7-8 billion after profit tripled in FY25
 "Groww gets Sebi approval for $1 billion IPO at $7-8 billion valuation")
Anlon Healthcare IPO subscribed 3.30 times on Day 2 of share sale
The initial public offer (IPO) has a fresh issue of aggregating up to 13.3 million shares
 "Anlon Healthcare IPO subscribed 3.30 times on Day 2 of share sale")
Vikran Engineering garners 2.38 times subscription on Day 1 of IPO
Vikran Engineering on Monday mobilised ₹ 231.6 crore from anchor investors
 "Vikran Engineering garners 2.38 times subscription on Day 1 of IPO")
Sebi relaxes IPO norms for large firms, steps up action on finfluencers
SEBI is also intensifying its crackdown on unregistered investment advisors and financial influencers who mislead retail investors through social media
 "Sebi relaxes IPO norms for large firms, steps up action on finfluencers")
Gem Aromatics' ₹451 cr IPO subscribed 30.27 times at ₹309-325 price band
The IPO is a mix of fresh issue of equity shares worth up to ₹175 crore and an offer for sale (OFS) of up to 8.5 million shares valued at ₹276.25 crore
 "Gem Aromatics' ₹451 cr IPO subscribed 30.27 times at ₹309-325 price band")
Vikram Solar's ₹2,079 cr IPO subscribed 54.63 times on strong demand
Vikram Solar commenced its manufacturing operations in 2009 with an installed solar PV module manufacturing capacity of 12 MW and has grown to 4.50 GW installed capacity as of the date
 "Vikram Solar's ₹2,079 cr IPO subscribed 54.63 times on strong demand")
India becomes rare hub for clean energy IPOs as firms eye $4 billion boost
Starting with Vikram Solar Ltd this week, more than a dozen green-energy companies have lined up to go public, seeking to raise more than $4 billion in total
 "India becomes rare hub for clean energy IPOs as firms eye $4 billion boost")
Gem Aromatics IPO subscribed 2.9 times on second day of bidding
Gem Aromatics on Monday mobilised over ₹135 crore from anchor investors
 "Gem Aromatics IPO subscribed 2.9 times on second day of bidding")
Shreeji Shipping Global IPO garners 6.59 times subscription on day 2
The three-day share sale received bids for 7,51,80,354 shares against 1,14,08,600 shares on offer, according to NSE data
Gem Aromatics ₹451 cr IPO fully subscribed on first day of bidding
The initial public offering (IPO) received bids for 1,00,64,616 shares against 97,82,363 shares on offer, translating into 1.03 times subscription, as per NSE data
Mangal Electrical Industries garners ₹120 crore from anchor investors
As per the circular, the company has allotted 21.39 lakh equity shares to these institutional investors at Rs 561 apiece, taking the total fundraising to Rs 120 crore.
Sebi proposes lower dilution for mega IPOs, extended MPS timelines
Sebi has proposed easing IPO rules for companies with over ₹5-trn market cap by lowering dilution norms and extending timelines to meet public shareholding requirements
 "Sebi proposes lower dilution for mega IPOs, extended MPS timelines")
CleanMax to raise ₹5,200 cr via IPO; DRHP filed with Sebi for approval
The IPO, with a face value of ₹1, comprises a fresh issue of shares worth up to ₹1,500 crore and an offer-for-sale of up to ₹3,700 crore by promoters and investors
 "CleanMax to raise ₹5,200 cr via IPO; DRHP filed with Sebi for approval")
Gem Aromatics raises ₹135 crore from anchor investors ahead of IPO
The ₹451-crore IPO would open for subscription on August 19 and conclude on August 21. The price band has been set at ₹309 to ₹325 per share
Patel Retail raises ₹43 crore from anchor investors ahead of IPO
As per circular, the company allotted 17.04 lakh equity shares to investors at ₹255 apiece, aggregating the fund raising to ₹43.46 crore
 "Patel Retail raises ₹43 crore from anchor investors ahead of IPO")
Seafood startup Captain Fresh files for $400 mn India IPO with Sebi
Captain Fresh has confidentially filed for a $400 million IPO in India, targeting a $1 billion-plus valuation as it expands its tech-driven seafood supply chain platform
 "Seafood startup Captain Fresh files for $400 mn India IPO with Sebi")
IPO-bound Tata Capital profit more than doubles to ₹1,041 cr in June qtr
Total income rose to ₹7,691.65 crore for the quarter under review from ₹6,557.40 crore in the April-June quarter of FY2025, Tata Capital said in a regulatory filing
 "IPO-bound Tata Capital profit more than doubles to ₹1,041 cr in June qtr")