Page 2 - Latest Updates on IPO
Pine Labs to launch IPO on Nov 7; aims to raise ₹2,080 cr via fresh issue
The company will use funds for investment in its subsidiaries such as Qwikcilver Singapore, Pine Payment Solutions, Malaysia, and Pine Labs UAE for expanding the presence outside the country
 "Pine Labs to launch IPO on Nov 7; aims to raise ₹2,080 cr via fresh issue")
Groww founders eye $1.9 billion wealth boost as online broker heads for IPO
The Bengaluru-headquartered firm is seeking to raise ₹1,060 crore, while existing investors plan to sell as many as 557.2 million shares
 "Groww founders eye $1.9 billion wealth boost as online broker heads for IPO")
Sebi bars Gretex from merchant banking for 21 days over IPO lapse
Gretex failed to verify and disclose that nearly 40 per cent of the IPO proceeds were proposed to be used as a deposit for renting an office premises that was still under construction
 "Sebi bars Gretex from merchant banking for 21 days over IPO lapse")
Oyo's parent PRISM increases authorised share capital ahead of planned IPO
This follows earlier shareholder approvals in August and September 2025 for capital expansion linked to IPO readiness and other fund-raising activities
 "Oyo's parent PRISM increases authorised share capital ahead of planned IPO")
Coca-Cola weighs $1 bn IPO for Indian bottling unit, valued at $10 bn
The deal would bring one of the world's best-known brands to India's hot IPO market, which is on track for a record month and possibly have its best year ever in 2025
 "Coca-Cola weighs $1 bn IPO for Indian bottling unit, valued at $10 bn")
Sebi approves eyewear retailer Lenskart IPO to raise ₹2,150 crore: Report
Lenskart has received Sebi's approval for a ₹2,150 crore IPO, comprising fresh shares and existing investor stake sales to fund store expansion, technology upgrades, and marketing
 "Sebi approves eyewear retailer Lenskart IPO to raise ₹2,150 crore: Report")
Sify Infinit Spaces to launch $500 mn IPO in 2 weeks amid data-centre boom
The IPO will fund expansion as India's data-centre demand soars; company runs 14 sites and seeks capital to tap growing AI, cloud, and digital infrastructure market
 "Sify Infinit Spaces to launch $500 mn IPO in 2 weeks amid data-centre boom")
Jaro Education IPO to open on September 23, aims to raise Rs 450 crore
In a public announcement, the company said it has fixed a price band of Rs 846 to Rs 890 per share for its maiden public offering
 "Jaro Education IPO to open on September 23, aims to raise Rs 450 crore")
India's top used-car startups line up for IPOs worth over $1 billion
Three Unicorn startups - CARS24 Services Pvt., CarDekho and Spinny - that buy and sell pre-owned vehicles are in early talks with bankers to assess investor appetite
 "India's top used-car startups line up for IPOs worth over $1 billion")
Simple Energy develops India's first heavy rare earth-free EV motor
This shields the e2W maker from dependence on elusive Chinese imports of critical minerals
 "Simple Energy develops India's first heavy rare earth-free EV motor")
Flipkart Internet FY25 revenue rises 14%, losses narrow 37% on IPO prep
Flipkart Internet, the marketplace arm of Flipkart, posted ₹20,493 crore in revenue and cut losses to ₹1,494 crore in FY25, as the Walmart-owned firm readies for a public listing
 "Flipkart Internet FY25 revenue rises 14%, losses narrow 37% on IPO prep")
PhysicsWallah IPO: Slipper threats, mysterious odors flagged as biz risk
PhysicsWallah recently filed updated draft papers with markets regulator Sebi to raise ₹3,820 crore, which will be used for expansion and growth initiatives
 "PhysicsWallah IPO: Slipper threats, mysterious odors flagged as biz risk")
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")
NSDL extends rally after strong debut, up 25% against issue price in 2 days
Shares of National Securities Depository Limited (NSDL) hit a new high of ₹997.65 in intra-day trade, zooming 25 per cent against its issue price of ₹ 800 per share in two days.
 "NSDL extends rally after strong debut, up 25% against issue price in 2 days")
HDB Financial, Brigade Hotel, Kalpataru fall below IPO issue price
Shares of HDB Financial, Brigade Hotel and Kalpataru were trading at their lowest point since the listings in July.
 "HDB Financial, Brigade Hotel, Kalpataru fall below IPO issue price")
Sebi plans revamp of large IPO norms; retail quota may drop to 25%
Sebi noted that while average IPO sizes have been increasing, direct retail participation has remained flat over the past three years
 "Sebi plans revamp of large IPO norms; retail quota may drop to 25%")
NSDL IPO opens today: How Harshad Mehta scam led demat revolution in India
From the 1992 Harshad Mehta scam to its public listing in 2025: How NSDL helped modernise and build the dematerialised capital market ecosystem in India
 "NSDL IPO opens today: How Harshad Mehta scam led demat revolution in India")
Lotus Developers IPO to open on July 30; price band set at Rs 140-150
Sri Lotus Developers announces a Rs 792 crore IPO with a price band of Rs 140-150, opening on July 30 and closing on August 1
 "Lotus Developers IPO to open on July 30; price band set at Rs 140-150")
Brigade Hotel mobilises ₹325 crore from anchor investors ahead of IPO
The initial public offering (IPO) will open on Thursday and close on July 28, with a price band of ₹85 to ₹90 per share
 "Brigade Hotel mobilises ₹325 crore from anchor investors ahead of IPO")
Recently listed stock is up 82% vs issue price in 3 weeks; time to sell?
Shares of Sambhv Steel Tubes surged 16% to ₹149, its highest level since listing on July 2, on the BSE in Tuesday's intra-day trade amid heavy volumes
 "Recently listed stock is up 82% vs issue price in 3 weeks; time to sell?")
