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Initial Public Offering (IPO)
As many as 38 companies, including SBI Funds Management and Manipal Health Enterprises, filed preliminary IPO papers with Sebi in March 2026, signalling improving issuer sentiment even as regulatory timelines contributed to the surge. This marks a sharp jump from 22 filings in March 2025 and 16 in March 2024, data from the Securities and Exchange Board of India (Sebi) showed, indicating a stronger pipeline of public issues. The momentum is expected to continue, with several high-profile companies, including the National Stock Exchange (NSE) and Reliance Industries' telecom arm Jio, preparing to submit their draft papers in the coming weeks, according to merchant banking sources. In addition, Singapore-based Sembcorp Industries' Indian renewable energy arm, Sweden-based Modern Times Group's subsidiary PlaySimple, TPG-backed online lending platform Fibe and Tiger Global-backed BatterySmart are also likely to file DRHPs soon, they added. Of the 38 companies that filed their draft pape
As many as 38 companies, including SBI Funds Management and Manipal Health Enterprises, filed preliminary IPO papers with Sebi in March 2026, signalling improving issuer sentiment even as regulatory timelines contributed to the surge. This marks a sharp jump from 22 filings in March 2025 and 16 in March 2024, data from the Securities and Exchange Board of India (Sebi) showed, indicating a stronger pipeline of public issues. The momentum is expected to continue, with several high-profile companies, including the National Stock Exchange (NSE) and Reliance Industries' telecom arm Jio, preparing to submit their draft papers in the coming weeks, according to merchant banking sources. In addition, Singapore-based Sembcorp Industries' Indian renewable energy arm, Sweden-based Modern Times Group's subsidiary PlaySimple, TPG-backed online lending platform Fibe and Tiger Global-backed BatterySmart are also likely to file DRHPs soon, they added. Of the 38 companies that filed their draft pape
Rediff.com India Ltd, a subsidiary of AvenuesAI Ltd, has filed preliminary papers with markets regulator Sebi through the confidential route to float an initial public offering (IPO). The company has opted for the confidential pre-filing route, which allows it to engage with the Securities and Exchange Board of India (Sebi) for initial feedback on its draft document without it being publicly disclosed. Companies increasingly prefer this route because it offers more flexibility in IPO preparations and allows them to respond to market conditions before a public filing. In a stock exchange filing on Tuesday, AvenuesAI said, "Rediff.com India Ltd, a subsidiary of AvenuesAI Ltd, has filed the Pre-Filed Draft Red Herring Prospectus (Pre-DRHP) with the Sebi, the BSE Ltd and the National Stock Exchange of India Ltd in relation to the proposed initial public offering of its equity shares...on the main board". AvenuesAI, formerly known as Infibeam Avenues, is a multinational financial ...
Consumer electronics retailer Sathya Agencies Ltd has filed preliminary papers with markets regulator Sebi to raise Rs 600 crore through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares aggregating to Rs 300 crore and an offer for sale (OFS) of equity shares worth Rs 300 crore by promoters, taking the total offer size to Rs 600 crore, according to the draft red herring prospectus (DRHP) filed on Monday. The OFS includes the sale of shares by promoters -- Johnson Asaria, J John Sathya and Charles Packiaraj. Each of them will offload equity shares valued at Rs 100 crore. The Tamil Nadu-based company proposes to utilise the proceeds from the fresh issue towards repayment or prepayment of certain borrowings, payment of partial purchase consideration for the acquisition of its subsidiary Unilet Appliances Private Limited, and for general corporate purposes. Also, the company expects that listing of its equity shares will enhance its visibility
The Finance Ministry has amended rules for minimum public offers floated by companies for getting listed on stock exchanges and linked it with post-issue capital. The Securities Contracts (Regulation) Amendment Rules, 2026, notified on March 13, states that companies with post-issue capital of more than Rs 1,600 crore and below Rs 5,000 crore will have to increase their public shareholding to at least 25 per cent within three years from the day of listing in the manner specified by the Securities and Exchange Board of India (Sebi). The rules further state that at least 2.5 per cent of each class of securities must be offered to the public at the time of listing, irrespective of the post-issue threshold. It also said that a company with post-issue capital of up to Rs 1,600 crore, at least 25 per cent of each class of equity shares or debentures convertible into equity shares issued by the company must be offered to the public. If the post-issue capital is more than Rs 1,600 crore, bu
The Finance Ministry has amended rules for minimum public offers floated by companies for getting listed on stock exchanges and linked it with post-issue capital. The Securities Contracts (Regulation) Amendment Rules, 2026, notified on March 13, states that companies with post-issue capital of more than Rs 1,600 crore and below Rs 5,000 crore will have to increase their public shareholding to at least 25 per cent within three years from the day of listing in the manner specified by the Securities and Exchange Board of India (Sebi). The rules further state that at least 2.5 per cent of each class of securities must be offered to the public at the time of listing, irrespective of the post-issue threshold. It also said that a company with post-issue capital of up to Rs 1,600 crore, at least 25 per cent of each class of equity shares or debentures convertible into equity shares issued by the company must be offered to the public. If the post-issue capital is more than Rs 1,600 crore, bu
Basmati rice exporter Amir Chand Jagdish Kumar(Exports) Ltd is set to launch its Rs 440 crore initial public offering (IPO) on March 24. The public issue will close on March 27, while the anchor investor bidding is scheduled to take place on March 23, according to the red herring prospectus (RHP). The Haryana-based company's proposed IPO will comprise a fresh issue of equity shares entirely, with no offer-for-sale (OFS) component. The company plans to utilise the net proceeds from the issue to fund its working capital requirements and for general corporate purposes. The Securities and Exchange Board of India (Sebi) granted its approval to the IPO in October 2025. The offer size has been reduced to Rs 440 crore compared to the Rs 550 crore issue size proposed in the Draft Red Herring Prospectus (DRHP) filed in June 2025. Ahead of the public issue, the company raised Rs 13 crore in a pre-IPO round by allotting 7.55 lakh shares at Rs 172 per share. Amir Chand Jagdish Kumar (Exports