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IPO Calendar
Shiprocket Co-Founder and CEO Saahil Goel sees the upcoming IPO is a key milestone reflecting internal discipline, scale and governance, and believes it will set the logistics tech company on a new growth trajectory with India's direct-to-consumer, online and quick commerce space poised to boom. Shiprocket, backed by marquee investors like Temasek, Zomato and Paypal, had submitted its draft red herring prospectus (DRHP) with Sebi via the confidential route earlier this year, an increasingly popular option among Indian startups as it allows vital financial and strategic information to remain undisclosed during the initial review while the firm obtains necessary feedback from the regulators. Goel told PTI in an interview said the IPO will be an important milestone as it "institutionalises" the company that has evolved from being a shipping partner to an end-to-end e-commerce enablement platform for Indian merchants. According to Goel, it brings discipline, and aligns stakeholders for
The initial share sale of Emmvee Photovoltaic Power Ltd was subscribed 17 per cent on the second day of bidding on Wednesday. The initial public offering (IPO) received bids for 1,33,70,613 shares against 7,74,27,183 shares on offer, according to the details available with the NSE. The part for retail individual investors received 61 per cent subscription, while the portion for non-institutional investors was subscribed 11 per cent. The category for qualified institutional buyers subscribed 6 per cent. On Monday, solar photovoltaic modules and solar cells maker Emmvee Photovoltaic Power Ltd has mobilised Rs 1,305 crore from anchor investors. The Rs 2,900-crore initial public offering (IPO) will conclude on November 13. The company has fixed a price band at Rs 206-217 per share. At the upper end, the company is targeting a valuation of over Rs 15,000 crore. The IPO comprises a fresh issue of shares worth Rs 2,143.86 crore and an offer for sale (OFS) of shares valued at Rs 756.14 c
Home and sleep solutions brand Wakefit Innovations, which is expected to launch its initial public offering (IPO) this calendar year, has opened 32 stores in the first 10 months of 2025, taking its total count to over 130 as part of its retail expansion strategy. Going ahead, Wakefit plans to open 117 additional company-owned, company-operated (COCO) regular stores, which comprises 67 in FY27 and 50 in FY28 across cities including Mumbai, Noida, Bengaluru, Ghaziabad, Bhubaneshwar, Lucknow, Gurgaon, Tumkur, Vizag, Kozhikode, Thanjavur, Ambala and Sonipat. The Bengaluru-based company launched its first store in March 2022 in Lucknow and expanded to 98 stores by December 31, 2024. As part of its strategy to strengthen presence in smaller towns and underserved pockets of metros, the company plans to open COCO regular stores of varied sizes, tailored to specific catchment areas across product categories such as mattresses, furniture and furnishings. "We believe that there is an opportun
Purple Style Labs, the parent firm of luxury fashion platform Pernia's Pop-Up Shop, has filed preliminary papers with capital markets regulator Sebi to raise Rs 660 crore through an initial public offering (IPO). The proposed IPO is entirely a fresh issue of equity shares with no offer for sale (OFS) component, according to the draft red herring prospectus (DRHP) filed on Monday. The Mumbai-based company is looking to garner Rs 130 crore in a pre-IPO placement round. If this is undertaken, the fresh issue size would be reduced accordingly. The company plans to use IPO proceeds to the tune of Rs 363.3 crore to invest in its wholly-owned subsidiary, PSL Retail, for lease liabilities related to experience centres and back-end offices in India; Rs 128 crore will be deployed for sales and marketing, and the rest will go towards general corporate purposes. With a portfolio of around 2.12 SKUs across women's wear, men's wear, fine jewellery, fashion jewellery, kids wear and accessories, .