Page 7 - Latest Updates on 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
 "Recent SME IPOs saw sharp listing gains, quick reversal: RBI study")
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")
Canara HSBC Life IPO subscribed 2.29 times on final bidding day
The company on Thursday said it has raised a little over ₹750 crore from anchor investors
 "Canara HSBC Life IPO subscribed 2.29 times on final bidding day")
LG Electronics India joins Maruti Suzuki in surpassing parent's valuation
LG Electronics India's valuation now tops its South Korean parent's, signalling India's growing clout as a global listing and investment destination
 "LG Electronics India joins Maruti Suzuki in surpassing parent's valuation")
Sebi bars Nirman Agri Genetics, promoter for alleged misuse of IPO funds
Sebi has called for a detailed investigation and given the company and promoter 21 days to file their objections or request a hearing
 "Sebi bars Nirman Agri Genetics, promoter for alleged misuse of IPO funds")
Atlanta Electricals soars 10%, hits new high; Crisil upgrades credit rating
Shares of Atlanta Electricals hit a new high at ₹993.40, up 32 per cent against the issue price of ₹754 per share.
 "Atlanta Electricals soars 10%, hits new high; Crisil upgrades credit rating")
Integris Medtech files IPO papers with Sebi to garner ₹3,500-4,000 cr
According to the DRHP filed on Thursday, Integris Medtech's IPO comprises a fresh issue of equity worth ₹925 crore and an offer for sale of 2.16 crore equity shares by promoters
Norwegian state fund invests $20 million in India's IPO-bound SAEL
The company aims to grow its revenue from these businesses to 30.94 billion rupees by fiscal year 2027
 "Norwegian state fund invests $20 million in India's IPO-bound SAEL")
InGovern flags potential liabilities and risks in LG Electronics India IPO
The company's ₹11,607-crore IPO has been oversubscribed by about 13 times so far. The initial public offering closes on Thursday
WeWork India IPO closes on last day with 1.15 times subscription
WeWork India has collected a little over ₹1,348 crore from anchor investors
Tata Capital IPO subscribed 75% on second day of ₹15,512 cr share sale
Tata Capital is expected to make its stock market debut on October 13
 "Tata Capital IPO subscribed 75% on second day of ₹15,512 cr share sale")