WebinarsNew
Deep DiveNew
Explore Business Standard
Infrastructure company Technocraft Ventures Ltd on Monday said it will launch its initial public offering (IPO) on August 7 to raise Rs 252-crore through a combination of a fresh issue and an offer for sale. In a statement, the Noida-based company said it has fixed a price band of Rs 200-212 per share for its maiden public offering, which will conclude on August 11. Bidding for anchor investors will open for a day on August 6. The IPO comprises a fresh issue of up to 95.05 lakh equity shares and an offer for sale (OFS) of up to 23.76 lakh shares by promoter selling shareholder Kartikey Constructions. At the upper end of the price band, the total issue size works out to about Rs 251.88 crore. Of the fresh issue proceeds, Rs 150 crore will be used to fund the company's working capital requirements, while the remaining amount will be utilised for general corporate purposes and offer-related expenses. As of July 15, 2026, the company's order book stood at Rs 1,320.73 crore, comprising
Battery Smart, a battery-swapping network for electric two- and three-wheelers, is likely to file draft papers with Sebi in September or October as it looks to tap the capital markets through an initial public offering (IPO), people familiar with the matter said. The company has appointed SBI Capital Markets as the lead merchant banker for the proposed public issue, they said. "The filing of draft papers with Sebi is likely to take place around September or October, using FY26 and June quarter financials, which will remain valid till December 2026," one of the people cited above said. According to the people familiar with the development, Battery Smart is targeting annual growth of 70-80 per cent over the next three to five years, driven by deeper penetration in existing cities and expansion into new markets. Backed by investors, including Tiger Global, Blume Ventures, LeapFrog Investments, and Ecosystem Integrity Fund, the company achieved operational break-even in FY26 while ...
Organised gold jewellery manufacturer and wholesale distributor Master Chains N Jewels Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares worth up to Rs 400 crore and an Offer for Sale (OFS) of up to 59.06 lakh equity shares by promoter Taruna Madan Kothari, according to the draft red herring prospectus (DRHP) filed on Saturday. The proceeds from the fresh issue will be utilised towards funding the company's working capital requirements and for general corporate purposes. Master Chains N Jewels is engaged in the designing, manufacturing, job-work services and sale of a wide range of gold jewellery, including lightweight jewellery. It caters to customers across India through its wholesale distribution network and manufacturing capabilities. As of June 30, 2026, the company had a design database of around 80,666 jewellery designs. It operates two ...
Coming month is likely to witness an IPO rush with more than a dozen companies, including Zepto, Truhome Finance and logistics platform Shiprocket gearing up to launch their initial share-sale. The upcoming issues, expected to collectively raise over Rs 25,000 crore, include a mix of fresh equity issuances and offer for sale (OFS) component, merchant bankers said. "With markets stabilising and investor sentiment improving, companies that were waiting on the sidelines are now moving ahead with their IPO plans," said Bhavesh Shah, MD & Head-Investment Banking at Equirus Capital. Among the largest offerings, Zepto plans to raise up to Rs 8,010 crore through a fresh issue, along with an OFS of up to 11.34 crore equity shares. Housing finance company Truhome has proposed a Rs 3,000-crore IPO, comprising a fresh issue of up to Rs 1,500 crore and an OFS of an equal amount. Elevate Campuses intends to raise Rs 2,550 crore entirely through a fresh issue, while Shiprocket has filed for a Rs