Page 2 - Latest Updates on IPO
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?")
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")
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")
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")
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%")
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")
Smartworks Coworking IPO to open on July 10; issue size cut to ₹445 crore
About Rs 226 crore from the total proceeds will be used for capital expenditure related to the fit-outs in new centres and security deposits for these new centres
 "Smartworks Coworking IPO to open on July 10; issue size cut to ₹445 crore")
Meesho files confidential IPO papers with Sebi, targets ₹4,250 cr listing
Last month, the NCLT approved Meesho's move to shift its HQ from Delaware to India, a step seen as key to its long-awaited listing and corporate restructuring
 "Meesho files confidential IPO papers with Sebi, targets ₹4,250 cr listing")
Hero Motors files draft papers for ₹1,200 cr IPO; looks to reduce debt
The company will issue fresh shares worth up to ₹800 crore while its existing shareholders will sell shares worth up to ₹400, the draft prospectus showed
 "Hero Motors files draft papers for ₹1,200 cr IPO; looks to reduce debt")
Wakefit Innovations files draft papers with Sebi; seeks to raise ₹ 468 cr
The proposed IPO of the Bengaluru-based company is a combination of a fresh issue of equity shares aggregating up to Rs 468.2 crore and an OFS of 5.84 crore equity shares by the selling shareholders
 "Wakefit Innovations files draft papers with Sebi; seeks to raise ₹ 468 cr")
Tata Capital gets Sebi nod for $2 bn IPO, likely India's biggest in 2025
The approval clears the way for the company to incorporate feedback from the regulator into its prospectus, before it starts marketing the deal
 "Tata Capital gets Sebi nod for $2 bn IPO, likely India's biggest in 2025")
Oswal Pumps share slips 7%, falls below IPO price after lacklustre debut
Shares of Oswal Pumps slipped 7 per cent to ₹580, falling below its issue price ₹614 on the BSE in Monday's intra-day trade.
 "Oswal Pumps share slips 7%, falls below IPO price after lacklustre debut")
