Initial Public Offerings

The company ‌is also planning to ​give employees a special class ‌of stock that would serve as tie-breaker votes on ‌some corporate issues

Founded in 2017, PMI Electro Mobility is an electric commercial vehicle manufacturer with a fleet of 3,300 e-buses across 34 cities ‌in India

Orient Cables (India) Ltd on Tuesday announced a price band of Rs 258-272 per share for its Rs 552-crore IPO, as the networking cables and passive networking equipment maker gears up to tap the primary market. The issue will open for public subscription on September 25 and close on September 29, according to a public announcement. The IPO comprises a fresh issue of equity shares worth up to Rs 320 crore and an Offer for Sale (OFS) of shares aggregating up to Rs 232 crore. Proceeds of the fresh issue will be used for capital expenditure towards purchase of machinery, equipment and civil works at its manufacturing facilities; repayment or partial prepayment of certain borrowings. A portion will also be used for general corporate purposes. Earlier, the company had filed preliminary papers with Sebi to raise Rs 700 crore through IPO, comprising a fresh issue of Rs 320 crore and an OFS of Rs 380 crore. The revised IPO size is therefore lower by Rs 148 crore, with the entire reduction ..

The company ‌has set a price band of ₹30 to ₹32 for its ₹420 crore ($43.84 million) IPO, according to an exchange filing

Moneyview, formerly known as Whizdm ‌Innovations, provides users a suite of financial products through a network of banks, non-bank lenders, insurers, and other financial institutions

Digital marketing solutions provider Liqvd Digital India Ltd on Sunday said its Rs 39-crore initial public offering (IPO) will open for subscription on September 23. The company has fixed a price band of Rs 51-54 per equity share, according to a statement. The three-day issue will conclude on September 25, and shares are proposed to be listed on the BSE SME platform. The Rs 39-crore IPO comprises a fresh issue of Rs 34.14 crore and an offer-for-sale of 9.02 lakh equity shares, worth Rs 4.87 crore at the upper end, by promoter Arnab Mitra. Of the fresh issue proceeds, Rs 9 crore will be used to fund the acquisition of a 23.21 per cent stake in AdLift Marketing Pvt Ltd, while Rs 10.59 crore will be utilised for setting up a full-scale video content production hub. Another Rs 6.57 crore will go towards incremental working capital requirements, with the remaining funds earmarked for acquisitions and general corporate purposes. Liqvd Digital India reported consolidated revenue from ..

Six mainboard companies, including Elevate Campuses and Varmora Granito, are set to tap the primary market next week, seeking to raise a combined Rs 3,825 crore through initial public offerings (IPOs), as fundraising activity continues at a brisk pace in 2026. Alongside these two issues, Bengaluru-based A-One Steels India Ltd, ArMee Infotech Ltd, Swastika Infra and Adroit Industries (India) Ltd will also launch their public offerings, taking the total number of IPOs scheduled for the week to six. The IPOs will be available for public subscription between September 22 and September 28, with most of the issues opening on September 23. The funds raised through the fresh issues will largely be utilised for business expansion, capital expenditure, debt repayment, working capital requirements and other general corporate purposes. The upcoming IPO activity follows a busy start to September, with 17 IPOs already concluded. The mega issue of the National Stock Exchange (NSE) and textile mak

NSE's Ashishkumar Chauhan said demand for the IPO significantly exceeded shares available, while the anchor book was reduced from about ₹9,000 crore to over ₹6,000 crore

The Claude chatbot maker is seeking to raise as much as or more than SpaceX in an IPO that could take place as soon as October

Agri-inputs maker SML Ltd, formerly known as Sulphur India Limited, is evaluating a stock market listing within the next two to three years as it looks to fund the development of new chemical entities (NCEs), Managing Director Bimal Shah said. "We have not completely decided - we are also evaluating it," Shah said in an interview to PTI, adding that the debt-free company expects greater clarity on the timeline within the next one to two years. Mumbai-based SML Ltd said it is among a handful of Indian companies developing NCEs - proprietary new molecules rather than generic formulations - with one new molecule expected to reach the market soon and others in the pipeline. "We are working on NCEs, new chemical entity in the last three years. We have a new molecule coming up very soon. ... NCE is a very important focus for us. Of course, this requires a lot of investment," he said. Bringing a single NCE to market can cost USD 70 million-USD 80 million, Shah said, and the company has so

The primary market is poised for another action-packed week, with 11 main-board companies, including Rentomojo, Karamtara Engineering and Kanohar Electricals, set to raise Rs 7,055 crore through initial public offerings (IPOs). The IPOs are scheduled to hit the market between September 7 and September 15, with most of the issues opening for subscription on Tuesday and Wednesday. "This multi-issue rush reflects an eagerness to lock in early-stage growth equity in young companies as all these companies are below USD 1 billion market cap at listing," Rajkumar Rathi, Chief Investment Officer at YES Securities, said. The companies tapping the primary market include real estate developers, engineering and manufacturing firms, a payments and identity solutions provider, a specialty chemicals manufacturer and an online rental platform. Of Rs 7,055 crore, Rs 2,722 crore (39 per cent) is primary capital issuance, where funds go into the company, and Rs 4,333 crore (61 per cent) is a secondar

Market participants attribute the primary market's momentum to the Sebi's regulatory nod for the National Stock Exchange's public issue, laying the groundwork for a mega-listing.

The renewable power producer plans to use the proceeds largely to repay borrowings, while expanding its RTC, FDRE and storage-linked renewable energy portfolio

MSMEs and SMEs account for nearly one-third of GDP, but they represent just 0.2 per cent of the country's overall equity market cap.

According to Prime Database data, 21 IPOs are opening in August, up from 12 in July. This marks a sharp spike from the first half of the year.

Skyways Air Services IPO review: Analysts have shared a constructive view, with Swastika and Ventura recommending a 'Subscribe' rating, while SBI Securities has maintained a 'Neutral' stance.

MSM Unify, the global platform connecting students, recruitment partners, and universities across markets on six continents, on Monday announced the appointment of Rishi Kapoor as Chief Financial Officer. The appointment comes as the company advances its plans for a potential Initial Public Offering (IPO) on Indian stock exchanges, paired with an international listing, targeted for fiscal year 2028. In his new role, Kapoor will oversee financial strategy, fundraising, investor relations, and financial operations across MSM Unify's global markets, including North America, Europe, MENA (Middle East and North Africa), India, Africa, and Australia. He will also lead the company's IPO readiness in India and its broader dual-listing strategy across Indian and international markets. Kapoor brings more than two decades of finance leadership experience across edtech, IT, pharmaceuticals, and supply chain businesses. Over the course of his career, he has led the raising of more than USD 135

Priority Jewels Ltd is gearing up to launch its Initial Public Offering (IPO) on August 28, with a price band of Rs 190-200 per share. The three-day public issue will close on September 1, while bidding by anchor investors will take place on August 27, according to an announcement by the company. The IPO comprises a fresh issue of up to 45.75 lakh equity shares, aggregating to Rs 86.93 crore at the lower end and Rs 91.50 crore at the upper end of the price band. At the upper price band, the post-issue implied market capitalisation of the company is estimated at around Rs 360 crore. Proceeds from the public issue will be used for debt payment and general corporate purposes. Incorporated in 2007, Priority Jewels is involved in the designing, manufacturing and sale of a variety of lightweight, diamond-studded gold and platinum jewellery. Qualified institutional buyers (QIBs) have been allocated 50 per cent of the offer, while 15 per cent has been reserved for Non-Institutional Inve

Rays of Belief Ltd, which operates under the Mom's Belief brand, is set to launch its Initial Public Offering (IPO) on September 1, with a price band of Rs 227-239 per share. The post-issue implied market capitalisation of the company is estimated at Rs 474-500 crore, based on the price band. The three-day public issue will close on September 3, while bidding by anchor investors will take place on August 31, according to the company's announcement on Monday. The IPO comprises a fresh issue of up to 52.30 lakh equity shares worth Rs 125 crore at the upper end of the price band. The issue proceeds will be used to fund the company's expansion plans, including setting up 319 new centres between fiscal 2027 and fiscal 2029. Also, funds will be allocated towards capital expenditure, including centre fit-outs, therapy-material inventory and technology hardware. Rays of Belief is a for-profit social enterprise providing personalised intervention plans for children with neurodevelopmental

Pride Hotels is looking to launch its initial public offering (IPO) by December, with the issue size expected to be around Rs 1,000 crore, as the hospitality chain accelerates expansion across leisure, wedding and corporate events and pilgrimage destinations, CEO Satyen Jain said. "We have opened nine hotels in the last 12 months. This is the ninth in Indore," Jain said in an interaction with PTI. The expansion has taken Pride Hotels' portfolio to 40 properties, including eight owned hotels and 32 managed properties. The company has also signed contracts for another 32 hotels, which are expected to open over the next one-and-a-half to two years, taking its portfolio to about 72 properties. "Our focus is on four segments -- going deep in the markets where we are already present, targeting large wedding and MICE (Meeting, Incentive, Conference and Exhibition) hotels, entering new leisure destinations and expanding in pilgrimage," Jain said. Among these, pilgrimage destinations are ..