Page 9 - Latest Updates on IPO
Urban Company CEO says IPO success is 'Day Zero' for home services giant
Abhiraj Singh Bhal discusses profitability path and ₹8.5 lakh crore market opportunity after blockbuster public debut
 "Urban Company CEO says IPO success is 'Day Zero' for home services giant")
Sebi approves Zelio E-Mobility's ₹78 crore IPO for electric vehicles
The company has already got the DRHP (draft red herring prospectus) approval. The IPO may go live at the end of this month, Zelio E-Mobility said in a statement
 "Sebi approves Zelio E-Mobility's ₹78 crore IPO for electric vehicles")
Jaro Education IPO to open on September 23, aims to raise Rs 450 crore
In a public announcement, the company said it has fixed a price band of Rs 846 to Rs 890 per share for its maiden public offering
 "Jaro Education IPO to open on September 23, aims to raise Rs 450 crore")
GK Energy raises ₹139.27 crore from anchor investors ahead of IPO
The company has allotted 91.03 lakh equity shares to 13 funds at Rs 153 apiece, aggregating the transaction size to Rs 139.27 crore, it added
 "GK Energy raises ₹139.27 crore from anchor investors ahead of IPO")
Ahead of IPO, Saatvik Green Energy garners ₹269 cr from anchor investors
HDFC Mutual Fund (MF), Nippon India MF, Bandhan MF and SBI General Insurance Company are among the anchor investors, according to a circular uploaded on BSE's website
India's top used-car startups line up for IPOs worth over $1 billion
Three Unicorn startups - CARS24 Services Pvt., CarDekho and Spinny - that buy and sell pre-owned vehicles are in early talks with bankers to assess investor appetite
 "India's top used-car startups line up for IPOs worth over $1 billion")
Urban Company shares jump 62% above issue price on trading debut
The initial public offer of Urban Company Ltd received overwhelming investor participation, with the issue getting a huge 103.63 times subscription on the final day of bidding on Friday last week
 "Urban Company shares jump 62% above issue price on trading debut")
Groww eyes ₹7K cr public issue; GK Energy to float ₹465 cr IPO on Sep 19
Urban Company, Dev Accelerator and Shringar House of Mangalsutra will make their trading debut on Wednesday
Simple Energy develops India's first heavy rare earth-free EV motor
This shields the e2W maker from dependence on elusive Chinese imports of critical minerals
 "Simple Energy develops India's first heavy rare earth-free EV motor")
Euro Pratik Sales IPO 43% subscribed on first day; retail portion at 33%
The public issue is entirely an offer for sale of shares worth Rs 451.32 crore by promoters with no fresh issue component. The IPO will conclude on September 18
Canara HSBC Life Insurance secures Sebi approval for proposed IPO plan
Canara HSBC Life Insurance Company is a three-way venture promoted by Canara Bank and HSBC Insurance (Asia-Pacific) Holdings
Medicover Hospitals to launch IPO in 2026, says CMD Anil Krishna
Medicover on Monday announced significant expansion plans in Telangana with the addition of two new multi-specialty hospitals here, a press release said
 "Medicover Hospitals to launch IPO in 2026, says CMD Anil Krishna")
iValue Infosolutions sets IPO price band at ₹284-299; know key details here
iValue Infosolutions IPO will open for subscription on Thursday, September 18, 2025, and close on Monday, September 22, 2025.
 "iValue Infosolutions sets IPO price band at ₹284-299; know key details here")
Flipkart Internet FY25 revenue rises 14%, losses narrow 37% on IPO prep
Flipkart Internet, the marketplace arm of Flipkart, posted ₹20,493 crore in revenue and cut losses to ₹1,494 crore in FY25, as the Walmart-owned firm readies for a public listing
 "Flipkart Internet FY25 revenue rises 14%, losses narrow 37% on IPO prep")
Urban Company IPO subscribed 103.6 times on final day of bidding
The Gurugram-based company plans to raise Rs 472 crore through selling new shares, and existing investors plan to sell stakes worth Rs 1,428 crore
Sebi board clears IPO rule relaxations, new norms for foreign investors
Among the proposals approved included relaxing the minimum IPO requirements for very large companies, and also extending the timeline for them to meet minimum public shareholding norms
 "Sebi board clears IPO rule relaxations, new norms for foreign investors")
Cotec Healthcare files draft papers with Sebi to raise funds through IPO
The company proposes to utilise proceeds from the fresh issue worth Rs 226.25 crore for setting up anew project aimed at enhancing existing manufacturing capacities
 "Cotec Healthcare files draft papers with Sebi to raise funds through IPO")
Ahead of IPO, Urban Company mobilises ₹854 cr from anchor investors
As per the circular, the company has allocated 8.29 crore equity shares at Rs 103 per apiece to anchor investors comprising 59 funds. This takes the fundraising to Rs 854 crore
TechD Cybersecurity sets IPO price band at ₹183-193/share for ₹39 crore IPO
The public issue is entirely a fresh issue a little over 20.20 lakh equity shares aggregating to Rs 38.99 crore
Sebi eases IPO regulations, allows startup founders to retain ESOPs
Under the existing regulations, promoters are ineligible to hold or be granted share-based benefits, including ESOPs
 "Sebi eases IPO regulations, allows startup founders to retain ESOPs")