Page 8 - Latest Updates on IPO
Bombay HC seeks Sebi response on plea alleging irregularities in WeWork IPO
Bombay HC has sought Sebi's response on a plea challenging WeWork India's IPO, alleging irregularities in DRHP, undisclosed complaints, and misrepresentation of ties with the global WeWork brand
 "Bombay HC seeks Sebi response on plea alleging irregularities in WeWork IPO")
HyFun Foods targets ₹1,500 crore revenue in FY26, aims IPO by 2028
The company stated that the funds raised through the IPO will be used to support ongoing expansion efforts to fully tap into the growth potential of the business
 "HyFun Foods targets ₹1,500 crore revenue in FY26, aims IPO by 2028")
Making a beeline: IPO filing tally nears 200 this year, most in 3 decades
Number of applications surpasses combined submissions in first nine months of 2023 and 2024
 "Making a beeline: IPO filing tally nears 200 this year, most in 3 decades")
TruAlt Bioenergy shares list nearly 11% above issue price on debut
The initial share sale of TruAlt Bioenergy Ltd garnered 71.92 times subscription on the last day of offering on Monday
 "TruAlt Bioenergy shares list nearly 11% above issue price on debut")
Tata Capital raises ₹4,641 crore from anchor investors ahead of IPO
Tata Capital secured Rs 4,641 crore from anchor investors including LIC, mutual funds and global institutions ahead of its Rs 15,512-crore IPO, the largest-ever NBFC issue
 "Tata Capital raises ₹4,641 crore from anchor investors ahead of IPO")
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")
WeWork India IPO sees 4% subscription on first day of share sale
WeWork India has collected a little over ₹1,348 crore from anchor investors
IPO-bound Tata Capital focuses on green financing, tech for growth
The Tata Group NBFC said it is building for the long term with a vision anchored on trust, customer-centricity, and responsible partnership
 "IPO-bound Tata Capital focuses on green financing, tech for growth")
Eldeco Infrastructure files draft papers with Sebi for ₹1,000-cr IPO
The Haryana-based company may consider a pre-IPO placement for up to ₹160 crore. If such placement is completed, the fresh issue size will be reduced
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")
Lalbaba Engineering, CJ Darcl Logistics and Jerai Fitness file draft IPO
The filing also comes at a time when the Indian market is experiencing a boom in primary market activity, despite a struggling broader equity market
Glottis IPO receives over two times subscription on final day of bidding
Glottis on Friday said it has mobilised a little over ₹55 crore from anchor investors
LG Electronics India seeks $8.7 billion valuation in October IPO
LG Electronics India Ltd. got regulatory approval for its updated draft red herring prospectus on Thursday and filed the final version on Tuesday
 "LG Electronics India seeks $8.7 billion valuation in October IPO")
LG Electronics India to launch its ₹15,000 crore IPO on October 7
This will be the second South Korean company to tap the Indian stock market following the listing of Hyundai Motors India Ltd in October last year
 "LG Electronics India to launch its ₹15,000 crore IPO on October 7")
OYO-owned Innov8 revenue jumps 58% to ₹38 crore in June quarter
Innov8 attributed the growth in revenue to an improvement in average monthly membership revenue (AMMR) per seat, which increased by 21 per cent year-on-year to ₹10,000
 "OYO-owned Innov8 revenue jumps 58% to ₹38 crore in June quarter")
Tata Investment shares up for 3rd day on heavy volumes, zoom 32% in 6 days
Shares of Tata Investment Corporation hit a new high of ₹9,596.75, surging 9 per cent on the BSE in Tuesday's intra-day trade in an otherwise subdued market.
 "Tata Investment shares up for 3rd day on heavy volumes, zoom 32% in 6 days")
Want more retail investors in Tata Capital story: MD & CEO Rajiv Sabharwal
Sabharwal noted that they have been in regular communication with the regulator, and the RBI has granted its consent for the slight delay
 "Want more retail investors in Tata Capital story: MD & CEO Rajiv Sabharwal")
Fabtech Technologies IPO receives 70% subscription on first day of issue
Fabtech Technologies has fixed a price band of Rs 181-191 per share for its Rs 230-crore initial public offering (IPO)
PayNearby plans to raise funds via IPO in FY27, says CEO Anand Kumar Bajaj
"We have initiated the IPO process and talks with three merchant bankers. We will soon select a merchant banker to proceed with the process," he said
 "PayNearby plans to raise funds via IPO in FY27, says CEO Anand Kumar Bajaj")
Tata Capital IPO to open October 6, anchor investor bids from October 3
Tata Capital filed its red herring prospectus with Sebi for an IPO opening October 6 and closing October 8, with anchor investor subscriptions beginning October 3
 "Tata Capital IPO to open October 6, anchor investor bids from October 3")