Page 14 - Latest Updates on IPO
Kalpataru registers 41% growth in pre-sales to ₹4,531 crore in FY25
Kalpataru has recently launched its initial public offering (IPO) that ended with 2.26 times subscription
 "Kalpataru registers 41% growth in pre-sales to ₹4,531 crore in FY25")
IPO-bound Indiqube Spaces' net loss narrows to ₹140 crore in FY25
Indiqube Spaces narrows its FY25 net loss to ₹139.61 crore, improving from the previous year. The company plans to raise ₹700 crore through its upcoming IPO opening July 23, 2025
 "IPO-bound Indiqube Spaces' net loss narrows to ₹140 crore in FY25")
Savy Infra sets SME IPO price band at ₹114-120/share, issue to open Jul 21
The initial public offering will conclude on July 23, and the company's shares will be listed on the NSE Emerge
 "Savy Infra sets SME IPO price band at ₹114-120/share, issue to open Jul 21")
NSDL plans to start taking investor orders for IPO from next week
The expected proceeds exceed the approximately $400 million estimated by people familiar with the matter in June
Indira IVF refiles draft IPO via confidential route; Gaudium to follow
The development comes amidst growing investor interest in the Indian assisted reproductive technology sector, buoyed by increasing awareness, expanding market size
 "Indira IVF refiles draft IPO via confidential route; Gaudium to follow")
PropShare Titania's ₹473-crore SM Reit IPO set to open on 21 July
PropShare Titania IPO to offer 9% projected yield from grade A+ asset in Thane; Sebi's new SM Reit category targets retail investors via ₹10 lakh unit lots
 "PropShare Titania's ₹473-crore SM Reit IPO set to open on 21 July")
Gift City may see its first IPO soon, marking a new era for unlisted firms
Ed-tech firm among half dozen eyeing direct listing at financial hub
 "Gift City may see its first IPO soon, marking a new era for unlisted firms")
Travel Food Services slips on mkt debut; Anthem subscribed 73% on Day 1
The ₹583-crore initial public offering (IPO) of Smartworks Coworking Spaces Ltd garnered 13.45 times(x) subscription on the closing day of bidding on Monday
 "Travel Food Services slips on mkt debut; Anthem subscribed 73% on Day 1")
Smartworks Coworking IPO subscribed 13.45 times on final bidding day
The IPO of Smartworks Coworking Spaces hit the capital market on Thursday last week to raise nearly ₹600 crore as the company intends to expand its business and reduce debt
 "Smartworks Coworking IPO subscribed 13.45 times on final bidding day")
Anthem Biosciences IPO subscribed 73 pc on Day 1 of offer
The initial share sale received bids for 3,21,13,406 shares against 4,40,70,682 shares on offer, according to NSE data
Flipkart offers $50 million stock buyback to employees ahead of planned IPO
Walmart-owned Flipkart is offering a $50 million stock buyback to employees, signaling confidence in its upcoming IPO and promising an additional liquidity event if performance targets are met
 "Flipkart offers $50 million stock buyback to employees ahead of planned IPO")
Smartworks Coworking IPO fully subscribed; 1.15 times on Day 2 of offering
The IPO of Smartworks Coworking Spaces hit the capital market on Thursday to raise nearly ₹600 crore as the company intends to expand its business and reduce debt
 "Smartworks Coworking IPO fully subscribed; 1.15 times on Day 2 of offering")
Orient Cables files for ₹700 crore IPO papers with fresh issue and OFS
The fresh issue consists of equity shares worth ₹320 crore, while the OFS comprises equity shares aggregating to ₹380 crore
Aggcon Equipments Int'l files IPO papers with Sebi to raise ₹332 cr
Proceeds from the fresh issue to the tune of ₹168 crore would be used for payment of debt,₹ 84 crore for purchase of equipment and a portion would be used for general corporate purposes
Apple supplier Lens Technology to debut in Hong Kong after $607 mn float
Headed by China's second-richest woman, Lens Technology is the latest China-traded company to set its sights on Hong Kong
 "Apple supplier Lens Technology to debut in Hong Kong after $607 mn float")
Travel Food Services IPO gets subscribed 10% on day one of bidding
Travel Food Services, operating a travel quick-service restaurant and a lounge business across airports in India and Malaysia, on Friday raised nearly ₹600 crore from anchor investors
IPOs mark a new era for India's hospitality industry with scale, ambition
In the past two months, international chains have announced aggressive expansion plans for India. Most plan to open 100-300 hotels in the next five years, said analysts at Elara Capital
 "IPOs mark a new era for India's hospitality industry with scale, ambition")
IPO-bound Smartworks FY25 loss widens to ₹63 cr, revenue rises 32%
Smartworks said it aims to generate and sustain increased revenue levels and decrease proportionate expenses in future periods to achieve profitability
 "IPO-bound Smartworks FY25 loss widens to ₹63 cr, revenue rises 32%")
Allied Engineering Works files IPO papers, to raise ₹400 cr via fresh issue
The proposed IPO is a combination of fresh issuance of shares worth ₹400 crore, and an offer-for-sale of 75 lakh shares by promoter Ashutosh Goel
 "Allied Engineering Works files IPO papers, to raise ₹400 cr via fresh issue")
Smarten Power IPO to open on Jul 7, sets issue price band at ₹100/share
The IPO is a combination of a fresh issue of up to 40.01 lakh equity shares aggregating to ₹40.01 crore and an offer for sale of 10 lakh shares aggregating to ₹10 crore
 "Smarten Power IPO to open on Jul 7, sets issue price band at ₹100/share")