Page 6 - Latest Updates on IPO
Studds Accessories raises ₹137 crore from anchor investors ahead of IPO
As per the circular, Studds Accessories has finalised the allocation of 23,35,836 equity shares to anchor investors at ₹585 per share, aggregating to about ₹136.64 crore
 "Studds Accessories raises ₹137 crore from anchor investors ahead of IPO")
Akasa Air plans to launch IPO within 2-5 years, says CEO Vinay Dube
Dube said, "There is no next phase we are planning. Our next phase should be an IPO in a two to five-year time period."
 "Akasa Air plans to launch IPO within 2-5 years, says CEO Vinay Dube")
Akasa Air plans IPO within 2-5 years, to restart pilot hiring next year
Loss-making Akasa, India's third largest airline, has not had enough work for pilots due to delayed deliveries from Boeing
 "Akasa Air plans IPO within 2-5 years, to restart pilot hiring next year")
Lenskart CEO Peyush Bansal bets on AI, eyes up to $8 billion IPO valuation
Lenskart CEO says AI-powered eye testing and tech-led innovation will fuel global expansion as India's largest eyewear firm preps for IPO
 "Lenskart CEO Peyush Bansal bets on AI, eyes up to $8 billion IPO valuation")
Eyewear retailer Lenskart promoters set to cash in on $830 million IPO
SoftBank-backed eyewear giant aims for $8 billion valuation as co-founders and early investors book multibillion-rupee gains
 "Eyewear retailer Lenskart promoters set to cash in on $830 million IPO")
Sebi puts Vedanta Group's Sterlite Electric public listing on hold
The company, part of mining and metals conglomerate Vedanta Group, filed draft papers for the IPO in early October
 "Sebi puts Vedanta Group's Sterlite Electric public listing on hold")
Our eventual aim is to serve a billion people: Lenskart's Peyush Bansal
Bansal said that as a consumer brand, Lenskart has to be an internationally renowned brand because it raises the quality bar
 "Our eventual aim is to serve a billion people: Lenskart's Peyush Bansal")
IPO signals strong commitment from Norway parent, says Orkla India
This comes as the company's initial public offering is slated to open on 29 October to 31 October
 "IPO signals strong commitment from Norway parent, says Orkla India")
DMart's Radhakishan Damani invests ₹90 crore in Lenskart ahead of IPO
The investment comes ahead of Lenskart's maiden public offering, which is expected to open for public subscription next week
 "DMart's Radhakishan Damani invests ₹90 crore in Lenskart ahead of IPO")
Recent SME IPOs saw sharp listing gains, quick reversal: RBI study
The SME IPO market in India witnessed a strong surge during FY24 and FY25, driven by retail participation, and favourable market sentiment
Flipkart-backed Shadowfax gains regulatory approval for IPO in India
Logistics firm clears Sebi hurdle to launch offering estimated at up to ₹2,500 crore; updated draft prospectus expected soon as company targets valuation near ₹8,500 crore
 "Flipkart-backed Shadowfax gains regulatory approval for IPO in India")
ARCIL set to go public as Sebi clears IPO plan of India's oldest ARC
SBI and Avenue Capital-backed ARCIL to offer 105 million shares in an IPO through an offer for sale; IIFL, IDBI Capital, and JM Financial to manage the issue
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")
IPO frenzy ahead as over a dozen firms plan to raise ₹2.6 trillion
Of this, Tata Capital, LG Electronics India, and WeWork India Management have already raised around Rs 30,000 crore collectively
Shark Tank judge Peyush Bansal nears billionaire status with Lenskart IPO
Lenskart is planning to list as early as next month in Mumbai, targeting a stock debut that would value the company at $9 billion, based on the IPO size
 "Shark Tank judge Peyush Bansal nears billionaire status with Lenskart IPO")
IPO boom gives pause for thought as cracks appear amid volatility
Nearly 200 companies have filed draft initial public offering (IPO) papers this year, setting the stage for an action-packed 2025
 "IPO boom gives pause for thought as cracks appear amid volatility")
Fintech Upgrade raises $165 million, targets IPO in 12 to 18 months
The round valued Upgrade at $7.3 billion pre-money, according to a source familiar with the matter, a 21.7% premium to its previous valuation
IPO-bound Groww launches commodities trading services on platform
Traders in India have been increasingly showing interest in investing in commodities to diversify their portfolios and hedge against market volatility
 "IPO-bound Groww launches commodities trading services on platform")
Duroflex files DRHP for IPO, aims to raise ₹183-cr via fresh issue
Duroflex IPO comprises a fresh issue worth ₹183 crore and an offer for sale (OFS) of up to 22.56 million shares
 "Duroflex files DRHP for IPO, aims to raise ₹183-cr via fresh issue")
Embassy Group repays ₹1,748 cr of debt via WeWork India IPO proceeds
The company used proceeds from the WeWork India offer for sale to repay NCDs, slashing leverage and cutting its share pledge to just 15 per cent.
 "Embassy Group repays ₹1,748 cr of debt via WeWork India IPO proceeds")