Initial Public Offering Ipo

Flipkart ends WFH policy, asks staff to be in office 5 days a week

Company adopted remote work at the onset of Covid-19 in 2020, ends practice as it preps for IPO

Waste-to-energy firm SAEL aims for public listing within next 12 months

SAEL, a firm that converts agricultural waste into clean energy, is gearing up for a public listing within the next 12 months, its CEO Laxit Awla said. The company is in the process of identifying merchant bankers to manage its maiden public issue. Speaking about the planned public issue, Awla told PTI that the proceeds from the IPO will be utilized to scale up SAEL's operations, with a focus on expanding its cell manufacturing capabilities, Independent Power Producer (IPP) business, and waste-to-energy initiatives. Awla highlighted that SAEL is the world's only 100 per cent paddy-based biomass waste-to-energy operator and the largest single industrial offtaker of paddy straw globally. Through its 11 biomass plants spread across Punjab, Haryana, and Rajasthan totalling 165MW of installed capacity, the company processes nearly 2 million tonne of agricultural waste annually, he said. This conversion results in clean and reliable green power, helping to combat air pollution, improve

Ahead of IPO, Zepto appoints Airtel's Akhil Gupta to company board

Currently, Zepto's board includes co-founders Aadit Palicha and Kaivalya Vohra, alongside Avra founder Anu Hariharan and Nexus Venture Partners co-founder and managing director Suvir Sujan

US tariffs: Global trade tensions hit IPO outlook for Indian tech startups

A wave of market uncertainty has tempered investor appetite, leading many firms to consider delaying their listings, according to industry sources and analysts

Belrise Industries acquires H-One India to expand production capacity

IPO-bound auto components maker Belrise Industries on Friday announced the acquisition of the Indian arm of Japanese firm H-One Co. The move is aimed at expanding Belrise's design and manufacturing capabilities and strengthen its position as a supplier of chassis systems and body-in-white parts in the Indian automotive market, the company said. Belrise, however, did not disclose the deal size. H-One India, the Indian subsidiary of H-One Co, is involved in the design and manufacturing of high-tensile steel components and high-tensile tool development for two and four-wheelers. High-tensile steel components are crucial for light-weighting, enhancing vehicle safety, fuel efficiency, and overall performance. Through this acquisition, Belrise said it aims to enhance its production capacity and logistical efficiency by leveraging H-One India's two manufacturing facilities in North India and integrating the acquired company's core technological capabilities. H-One India's clientele incl

Amazon-backed More Retail eyes IPO next year, plans to double store count

Mumbai-based More, known for its neighborhood supermarkets and fresh grocery offerings, operates one of the country's largest retail chains, with 775 stores as of its latest count

EV maker Ather considers cutting IPO size by $50 mn amid market chaos

Ather is still planning to go ahead with the IPO in the coming weeks despite the fresh volatility in global stock markets

EV maker Ather considers cutting IPO size by $50 mn amid market chaos

Ather is still planning to go ahead with the IPO in the coming weeks despite the fresh volatility in global stock markets

Market turmoil casts dark clouds over LG Electronics India, Ather IPOs

Both companies had planned to launch their offerings this month

Sebi extends NSDL share listing deadline to July 31, 2025 for IPO prep

Capital markets regulator Sebi has granted an extension for the listing of National Securities Depository Ltd (NSDL) shares until July 31, 2025, the depository announced. This extension comes after the depository sought an extension from the Securities and Exchange Board of India (Sebi). According to NSDL's statement, "Sebi, vide its letter dated March 28, 2025, has granted an extension for the listing of shares of NSDL on a recognised stock exchange until July 31, 2025, subject to the conditions." Market experts suggest that this extension will give NSDL ample time to ready itself for the Initial Public Offering (IPO) and to launch it when market conditions are more favourable. Sebi granted its go-ahead to NSDL in September 2024 to float its IPO. The depository had filed its draft papers in July 2023. The proposed IPO will be a complete Offer For Sale (OFS) of over 5.72 crore equity shares by existing shareholders, including the National Stock Exchange of India (NSE), State Bank

Sebi extends NSDL share listing deadline to July 31, 2025 for IPO prep

Capital markets regulator Sebi has granted an extension for the listing of National Securities Depository Ltd (NSDL) shares until July 31, 2025, the depository announced. This extension comes after the depository sought an extension from the Securities and Exchange Board of India (Sebi). According to NSDL's statement, "Sebi, vide its letter dated March 28, 2025, has granted an extension for the listing of shares of NSDL on a recognised stock exchange until July 31, 2025, subject to the conditions." Market experts suggest that this extension will give NSDL ample time to ready itself for the Initial Public Offering (IPO) and to launch it when market conditions are more favourable. Sebi granted its go-ahead to NSDL in September 2024 to float its IPO. The depository had filed its draft papers in July 2023. The proposed IPO will be a complete Offer For Sale (OFS) of over 5.72 crore equity shares by existing shareholders, including the National Stock Exchange of India (NSE), State Bank

NSDL IPO expected by July as Sebi extends in-principle listing approval

In a letter dated March 28, Sebi granted an extension to the in-principle approval for listing, subject to certain conditions

Flexspace provider IndiQube gets Sebi approval for Rs 850 crore IPO

Backed by venture capital firm WestBridge Capital and noted investor Ashish Gupta, IndiQube operates with 103 centres across 13 cities

Real estate developer Runwal Enterprises files papers for ₹1,000 crore IPO

The entire issue comprises a fresh offer of equity shares with a face value of Rs 2 each

ESDS Software Solution files draft papers with Sebi for Rs 600 crore IPO

Cloud infrastructure and data center services provider ESDS Software Solution Ltd has filed preliminary papers with capital markets regulator Sebi to mop up Rs 600 crore through an initial public offering (IPO). The IPO is solely a fresh issue with no offer-for-sale (OFS) component, according to the draft red herring prospectus (DRHP) filed on March 30. This marks the company's second attempt to go public. Previously, the company had filed draft papers for its IPO in September 2021. The company may consider raising Rs 120 crore through a pre-IPO placement round. If such a placement is completed, the fresh issue size will be reduced. Proceeds from the fresh issue to the extent of Rs 480.7 crore will be used for purchase and installation of cloud computing and other equipment and other infrastructure for the Data Centres and the remainder funds for general corporate purposes. ESDS Software Solution provides the entire spectrum of cloud, managed services, data centre infrastructure a

Pace Digitek files DRHP with Sebi for ₹900 crore IPO; check key details

The proposed public offering would comprise a fresh issue of equity shares with a face value of ₹2, aggregating up to ₹900 crore

SIS Cash Service IPO to raise Rs 100 cr, promoters offer 3.7 mn addl shares

Cash logistics player SIS Cash Service Ltd has filed draft papers with the market regulator Sebi to mop up funds through an initial public offering (IPO). The IPO is a mix of fresh issue of shares worth Rs 100 crore and an offer for sale (OFS) of 37.15 lakh shares by promoters, according to the draft red herring prospectus (DRHP) filed on Thursday. Those selling shares in the OFS are SIS Ltd and SMC Integrated Facility Management Solutions Ltd. Proceeds from the fresh issue to the tune of Rs 37.59 crore will be used for the purchase of cash vehicles and fabrication of the secured vehicle; Rs 29.81 crore for payment of debt and a portion will be used for general corporate purposes. SIS Cash Services is the second-largest player in the industry by revenue for fiscal 2024, with an estimated market share of 17-18 per cent, according to a Crisil report. The company operates under the trademark SIS Prosegur, while its wholly-owned material subsidiary, SIS Prosegur Holdings, operates un

SIS Cash Service IPO to raise Rs 100 cr, promoters offer 3.7 mn addl shares

Cash logistics player SIS Cash Service Ltd has filed draft papers with the market regulator Sebi to mop up funds through an initial public offering (IPO). The IPO is a mix of fresh issue of shares worth Rs 100 crore and an offer for sale (OFS) of 37.15 lakh shares by promoters, according to the draft red herring prospectus (DRHP) filed on Thursday. Those selling shares in the OFS are SIS Ltd and SMC Integrated Facility Management Solutions Ltd. Proceeds from the fresh issue to the tune of Rs 37.59 crore will be used for the purchase of cash vehicles and fabrication of the secured vehicle; Rs 29.81 crore for payment of debt and a portion will be used for general corporate purposes. SIS Cash Services is the second-largest player in the industry by revenue for fiscal 2024, with an estimated market share of 17-18 per cent, according to a Crisil report. The company operates under the trademark SIS Prosegur, while its wholly-owned material subsidiary, SIS Prosegur Holdings, operates un

Park Medi World files for ₹1,260 cr IPO, includes ₹300 cr shares on offer

Park Medi World, which operates the hospital chain under the Park brand, has filed preliminary papers with markets regulator Sebi seeking its approval to raise Rs 1,260 crore through an initial public offering (IPO). The IPO is a combination of fresh issue of shares worth Rs 900 and an offer for sale (OFS) of shares valued Rs 300 crore by promoter Ajit Gupta, according to the draft red herring prospectus (DRHP) filed on Friday. Furthermore, the company may consider a Pre-IPO Placement of up to Rs 192 crore. If such placement is completed, the amount raised will be reduced from the fresh issue size. The company plans to use the proceeds worth Rs 410 crore for payment of debt and Rs 110 crore will be allocated for funding capital expenditure related to the development of a new hospital and the expansion of an existing hospital by its subsidiaries, Park Medicity (NCR) and Blue Heavens, respectively. A further Rs 77.19 crore is earmarked for the purchase of medical equipment by the ..

NSE looks to assuage Sebi concerns around IPO, seeks nod to file DRHP

Underscores steps taken to bolster technology, governance