Page 5 - Latest Updates on IPO
BoAt posts fivefold revenue growth to ₹3,100 cr, returns to profit in FY25
IPO-bound boAt has emerged as a top digital-first consumer tech brand, recording rapid revenue expansion, a return to profitability, and stronger EBITDA margins as it deepens presence across audio
 "BoAt posts fivefold revenue growth to ₹3,100 cr, returns to profit in FY25")
Sebi proposes IPO rule tweaks with lock-in fix, simpler disclosure format
Sebi has proposed amendments to tackle lock-in issues for pledged pre-IPO shares and replace the abridged prospectus with simpler offer document summary to help retail investors make informed decision
 "Sebi proposes IPO rule tweaks with lock-in fix, simpler disclosure format")
Groww shares up 53% against issue price in 2 days; market-cap nears ₹1 trn
Shares of Billionbrains Garage Ventures, the parent of online broking platform Groww, soared 17% to ₹153.50 on the BSE in Thursday's intra-day deal amid heavy volumes.
 "Groww shares up 53% against issue price in 2 days; market-cap nears ₹1 trn")
Demat account openings regained pace in Oct, total count above 210 mn
Equity markets advanced in October, supported by robust corporate earnings and optimism over a potential US-India trade deal that could lower tariffs from around 50% to 15-16%
 "Demat account openings regained pace in Oct, total count above 210 mn")
Fintech major Pine Labs IPO subscribed 2.5 times amid weak market sentiment
Pine Labs' ₹3,900-crore IPO saw 2.5 times subscription, driven by institutional investors, while the retail and HNI portions saw subdued demand amid valuation concerns
 "Fintech major Pine Labs IPO subscribed 2.5 times amid weak market sentiment")
Lenskart lists flat after volatile debut; valuation debate lingers
Eyewear retailer Lenskart's stock fluctuated sharply on listing day, ending nearly unchanged as investors weighed its steep valuation and long-term growth potential
 "Lenskart lists flat after volatile debut; valuation debate lingers")
'Feels like Day Zero': Lenskart CEO shares emotional note ahead of listing
Lenskart is set to debut on the stock market today after the successful completion of its ₹7,278 crore initial public offering
 "'Feels like Day Zero': Lenskart CEO shares emotional note ahead of listing")
InCred Holdings submits draft prospectus to Sebi for upcoming IPO
InCred Holdings submits draft prospectus to Sebi for upcoming IPO launch
 "InCred Holdings submits draft prospectus to Sebi for upcoming IPO")
InCred Holdings files preliminary papers with Sebi for ₹3,000-4,000 cr IPO
Financially, InCred Finance reported a profit after tax of Rs 372 crore in FY25, up 18 per cent year-on-year, and its total income surged 50 per cent to Rs 1,255 crore
 "InCred Holdings files preliminary papers with Sebi for ₹3,000-4,000 cr IPO")
Weak IPO listings by Studds and Orkla cast a shadow on market euphoria
Consecutive weak listings by Studds Accessories and Orkla India have dimmed India's IPO frenzy, even as analysts flag valuation concerns and a cooling in grey market sentiment
What NSE Q2 results reveal about the exchange's growth outlook ahead of IPO
NSE Q2 results: A deep dive into NSE's financials reveal a meaningful impact of market regulator Sebi's derivatives-linked regulations, along with one-time provision related to the co-location case
 "What NSE Q2 results reveal about the exchange's growth outlook ahead of IPO")
Sebi expands IPO anchor book to 40% to boost institutional participation
Additionally, the regulator has increased the number of anchor investors allowed for IPOs with an anchor portion above ₹250 crore, by raising the existing limit from 10 to 15 per ₹250 crore
Lenskart set to launch AI-powered smart glasses in Dec after listing
The device is likely powered by Qualcomm's Snapdragon AR1 Gen 1 platform, a chipset designed for lightweight augmented reality and camera-enabled AI applications
 "Lenskart set to launch AI-powered smart glasses in Dec after listing")
Epsilon Carbon inks $20 mn deal with Alba, plans IPO by end of 2027
The collaboration with aluminium smelter Alba is an important step toward sustainable industrial growth, Epsilon Carbon Managing Director Vikram Handa said
 "Epsilon Carbon inks $20 mn deal with Alba, plans IPO by end of 2027")
Shadowfax seeks ₹2,000 crore in IPO as India's e-commerce deliveries surge
The Flipkart-backed logistics firm will use proceeds to expand infrastructure and branding after processing over 436 million orders in FY25
 "Shadowfax seeks ₹2,000 crore in IPO as India's e-commerce deliveries surge")
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")
Has Gift City IFSC truly arrived? Experts debate at BS BFSI Summit
At Business Standard's BFSI Summit, experts discussed the progress of GIFT City IFSC and the upcoming prospects
 "Has Gift City IFSC truly arrived? Experts debate at BS BFSI Summit")
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
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")