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Initial Public Offerings
Home and furnishings company Wakefit Innovations is set to launch its initial public offering (IPO) on December 8, comprising a fresh issue of shares worth Rs 377 crore. The IPO of the Bengaluru-based company will conclude on December 10, and anchor investors will be allocated shares on December 5, according to the red herring prospectus (RHP). The company's maiden public offering is a combination of a fresh issue of equity shares aggregating up to Rs 377.1 crore and an offer-for-sale (OFS) of 4.67 crore shares by the selling shareholders. As part of the OFS, the promoters - Ankit Garg and Chaitanya Ramalingegowda and other selling shareholders - Nitika Goel, Peak XV Partners Investments VI, Redwood Trust, Verlinvest S.A., SAI Global India Fund I LLP, Investcorp Growth Equity Fund, Investcorp Growth Opportunity Fund and Paramark KB Fund I will be offloading shares. Wakefit proposes to utilize the proceeds from the fresh issue, worth Rs 31 crore, for setting up 117 new COCO Regular
The IPO momentum shows no signs of slowing, with another two dozen companies, including ICICI Prudential AMC, Meesho and Juniper Green Energy, preparing to launch their public issues that could collectively raise nearly Rs 40,000 crore over the next two months, merchant bankers said. Adding to this robust pipeline are prominent names such as artificial intelligence firm Fractal Analytics, home and sleep solutions brand Wakefit Innovations, technology-led security and surveillance firm Innovatiview India, and hospital chain Park Medi World, they added. This exceptional pipeline not only reflected the confidence of issuers but also highlighted investors' appetite to seize listing-day gains or back companies with strong long-term growth potential. Moreover, companies across the spectrum -- large, mid- and small-caps -- are gearing up to tap the IPO route in the coming weeks. Experts attribute this momentum to rising retail participation and resilient domestic inflows, which have been
City-based Pajson Agro India on Thursday said it has received in-principle approval from BSE Ltd to raise funds through an initial public offering in the SME category. The initial public offer (IPO) is entirely a fresh issue of a little over 63.09 lakh shares with a face value of Rs 10 each, according to the draft red herring prospectus (DRHP). The net proceeds of Rs 57 crore from the fresh issue will be used to set up a second cashew processing facility in Vizianagaram, Andhra Pradesh, and for general corporate purposes. Incorporated in 2021, Pajson Agro India is engaged in processing raw cashew nuts into kernels for domestic and international markets. The company offers various grades of cashew nuts, processed and packaged in both bulk and consumer retail packs, and markets select dry fruits under its brand "Royal Mewa" through a mix of e-commerce platforms and offline distribution channels. It also supplies its products to various entities like Bikanervala, More Retail, Nutraj,
Global investment firm Think Investments has invested a little over Rs 136 crore in edtech unicorn PhysicsWallah as part of a pre-IPO funding round. The fresh infusion comes as the company gears up for its upcoming initial public offering (IPO) next week. As part of the transaction, Think Investments picked up 1.07 crore equity shares, amounting to 0.37 per cent stake in PhysicsWallah from 14 employees of the edtech firm. The shares were bought at Rs 127 per piece, which is 17 per cent above the issue price. This translates into a transaction size of Rs 136.17 crore. "Pursuant to share purchase agreement dated November 3 read with the amendment letter dated November 3, 2025 entered into, 14 employees of the company have transferred an aggregate of 10,722,708 equity shares... to Think India Opportunities Master Fund LP on November 4, for an aggregate consideration of Rs 136.17 crore," PhysicsWallah said in a public announcement. Think Investments is a USD 4 billion global investme
Eyewear retailer Lenskart Solutions is gearing up to launch its initial public offering (IPO) on October 31, aiming to raise Rs 2,150 crore through a fresh issue of shares. This marks its much-awaited entry into the public markets. The company's maiden public offering would conclude on November 4, and the bidding for anchor investors would open for a day on October 30, according to the Red Herring Prospectus (RHP). Apart from the fresh issue, there would be an offer-for-sale (OFS) component, in which promoters and investors would offload over 12.75 crore equity shares. As a part of the OFS, promoters -- Peyush Bansal, Neha Bansal, Amit Chaudhary and Sumeet Kapahi; and investors -- SVF II Lightbulb (Cayman) Ltd, Schroders Capital Private Equity Asia Mauritius Ltd, PI Opportunities Fund '? II, Macritchie Investments Pte. Ltd., Kedaara Capital Fund II LLP, and Alpha Wave Ventures LP -- would offload shares. Lenskart proposes to utilise the proceeds from the IPO for various strategic