Page 19 - Latest Updates on IPO
Airtel Payments Bank to list by September 2027, says CEO Anubrata Biswas
The payments bank, which crossed the milestone in September last year, is required to go public within three years from that date
 "Airtel Payments Bank to list by September 2027, says CEO Anubrata Biswas")
Street Signs: Global cues to guide markets, Sebi's NSEL broker scheme
Despite volatility in secondary markets, investors embraced two recent initial public offerings (IPOs).
 "Street Signs: Global cues to guide markets, Sebi's NSEL broker scheme")
IPO-bound NSDL posts 5% rise in net profit to Rs 83 cr in Mar quarter
Its total income rose 9.94 per cent to Rs 394 crore in the quarter under review from Rs 358 crore in the January-March quarter of 2023-24, NSDL said in a statement
 "IPO-bound NSDL posts 5% rise in net profit to Rs 83 cr in Mar quarter")
Belrise Industries IPO subscribed 41.3 times on last day of offer
The Rs 2,150-crore initial share sale received bids for 7,313,036,542 shares against 177,058,824 shares on offer, according to data available with the NSE
 "Belrise Industries IPO subscribed 41.3 times on last day of offer")
Kanodia Cement files papers with Sebi seeking approval to float IPO
The IPO is entirely an Offer For Sale (OFS) of 1.49 crore shares by promoters and an individual shareholder, with no fresh issue component, according to the DRHP filed
 "Kanodia Cement files papers with Sebi seeking approval to float IPO")
AVTL IPO to open on May 26, price band fixed at ₹223-235 per share
Price band fixed at Rs 223 to 235 per share; offer to close on May 28; net proceeds to be used for debt repayment, LPG terminal acquisition and general corporate purposes
 "AVTL IPO to open on May 26, price band fixed at ₹223-235 per share")
IPO-bound Tata Capital's impairment surges 310% to Rs 3,072 crore
Rise in stress impacts non-banking finance firm's standalone profit growth
 "IPO-bound Tata Capital's impairment surges 310% to Rs 3,072 crore")
Sebi nod to seven IPOs including Credila Financial and Sri Lotus Realty
Credila's Rs 5,000 crore IPO, Sri Lotus' Rs 792 crore issue among offerings approved by Sebi as market sentiment lifts public listing momentum
 "Sebi nod to seven IPOs including Credila Financial and Sri Lotus Realty")
Ashish Kacholia-backed Sri Lotus Developers gets Sebi nod for ₹792-cr IPO
Sri Lotus Developers IPO is an entirely fresh issue of shares worth ₹792 crore, with no offer for sale component
Coal India begins process to list BCCL, CMPDI; to file DRHP soon: Official
The coal ministry earlier stated that BCCL and CMPDI will be listed, but the timing of their IPOs will depend on prevailing market conditions
 "Coal India begins process to list BCCL, CMPDI; to file DRHP soon: Official")
Street Signs: Markets stretch their legs, May 12's phantom rally, and more
While secondary markets have wavered, primary markets have been largely dormant over the past three months, with only one initial public offering (IPO) from Ather Energy
 "Street Signs: Markets stretch their legs, May 12's phantom rally, and more")
Belrise eyes four-wheeler, CV push ahead of ₹2,150-cr IPO on May 21
Belrise Industries, dominant in two-wheeler components, plans to expand into CVs and four-wheelers as it raises ₹2,150 crore through an IPO opening on May 21
 "Belrise eyes four-wheeler, CV push ahead of ₹2,150-cr IPO on May 21")
Singapore's GIC seeks approval from CCI for 2.14% stake in IPO-bound Groww
The proposed investment is part of Groww's broader plan to raise $200 million in pre-IPO funding and may double its valuation to $6.5 billion
 "Singapore's GIC seeks approval from CCI for 2.14% stake in IPO-bound Groww")
HDB Financial Services may seek RBI extension on listing deadline
HDFC Bank's NBFC arm may ask the RBI for more time to meet its September 2025 listing deadline as IPO approval faces delays over compliance issues and regulatory hurdles
 "HDB Financial Services may seek RBI extension on listing deadline")
Group of senior executives exit IPO-bound Flipkart in recent months
Departures come as Flipkart gears up for a $60-70 billion IPO and expands its quick-commerce play against rivals like Blinkit, Swiggy Instamart, and Zepto
 "Group of senior executives exit IPO-bound Flipkart in recent months")
More Retail plans ₹2,000 crore IPO, targets Ebitda-positive in FY26
Company backed by Amazon and Samara Capital aims to go public in 12-18 months, reduce debt, and expand store network from 775 to 3,000 by the end of the decade
Motilal Oswal, Raamdeo Agrawal buy shares worth $100 million in Zepto
Both investors acquire shares from Zepto's early foreign backers at a $5 billion valuation as the firm aims for majority domestic ownership before going public
 "Motilal Oswal, Raamdeo Agrawal buy shares worth $100 million in Zepto")
Pre-IPO startups seek Sebi nod for flexibility on Esops to founders
Startups with diluted founder stakes seek Sebi's nod to issue Esops post-listing as they look to retain leadership alignment and reward long-term value creation
 "Pre-IPO startups seek Sebi nod for flexibility on Esops to founders")
NSE denies seeking finance ministry help over Sebi IPO approval delay
NSE denies reports it sought finance ministry help after Sebi delayed IPO nod; says no government communication in 30 months, rejects claims of regulatory bias
 "NSE denies seeking finance ministry help over Sebi IPO approval delay")
Stock Market Close Highlights: Sensex, Nifty settle higher after Operation Sindoor; SMIDs up 1%
Sensex Today | Stock Market Close Highlights: The broader markets outperformed benchmark indices as the BSE Midcap index gained 1.36 per cent and BSE Smallcap rose 1.16 per cent
 "Stock Market Close Highlights: Sensex, Nifty settle higher after Operation Sindoor; SMIDs up 1%")