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
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 ...
The firm will sell shares in a price band of ₹151-₹159 apiece
Companies have raised about $5.78 billion through public offerings so far in 2026, compared with $7.32 billion in the year-earlier period, according to data
Real estate developer Assetz Ltd has filed preliminary papers with markets regulator Sebi using the confidential route to raise around Rs 1,200 crore through an initial public offering (IPO). The proposed listing would mark the public-market debut of one of Bengaluru's fastest-growing residential developers, which counts Singapore-based investment fund AGP Partners as a key shareholder. In a public notice on Saturday, the company said it has filed "the pre-filed draft red herring prospectus with Sebi and the stock exchanges... in relation to the proposed initial public offering of its equity shares on the main-board of the stock exchanges". According to people familiar with the matter, the IPO size is pegged around Rs 1,200 crore. JM Financial, BofA Securities India, and Motilal Oswal Investment Advisors are the book-running lead managers to the proposed issue, they added. Under the confidential pre-filing route, companies are allowed to keep their draft offer documents out of the
Ardee Industries Ltd, a leading firm in secondary metals and circular economy sectors, will launch its Initial Public Offering (IPO) on August 5 to raise up to Rs 426 crore through a combination of a fresh issue and an offer for sale. The price band has been fixed at Rs 50-53 per equity share for its upcoming IPO, valuing the company at Rs 1,671 crore. The three-day initial share sale will conclude on August 7, while the anchor investor bidding will take place on August 4, according to a public announcement on Wednesday. The IPO comprises a fresh issue of equity shares aggregating up to Rs 320 crore and an Offer for Sale (OFS) of up to 1.99 crore equity shares by promoters. At the upper end of the price band, the total issue size is pegged at about Rs 426 crore. Of the fresh issue, Rs 220 crore will be earmarked for funding the company's incremental working capital requirements, Rs 22 crore will go towards debt repayment, and the remaining amount will be used for general corporate
Ardee Industries Ltd, a leading firm in secondary metals and circular economy sectors, will launch its Initial Public Offering (IPO) on August 5 to raise up to Rs 426 crore through a combination of a fresh issue and an offer for sale. The price band has been fixed at Rs 50-53 per equity share for its upcoming IPO, valuing the company at Rs 1,671 crore. The three-day initial share sale will conclude on August 7, while the anchor investor bidding will take place on August 4, according to a public announcement on Wednesday. The IPO comprises a fresh issue of equity shares aggregating up to Rs 320 crore and an Offer for Sale (OFS) of up to 1.99 crore equity shares by promoters. At the upper end of the price band, the total issue size is pegged at about Rs 426 crore. Of the fresh issue, Rs 220 crore will be earmarked for funding the company's incremental working capital requirements, Rs 22 crore will go towards debt repayment, and the remaining amount will be used for general corporate
The explosive debut crowned CXMT as China's most valuable listed company, overtaking banking giant Industrial and Commercial Bank of China, long the market's heavyweight
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 ...
Property developers are delaying IPO plans as slower housing demand and weaker market sentiment dampen investor appetite, even as commercial real estate stays resilient
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
Shares of the nation's largest funds manager by assets were quoted about 18% above the IPO price of ₹574 in the gray market on Monday
The primary market will remain active next week, with four public issues, including the InvIT of Cube Highways Trust and the initial public offerings (IPOs) of Indo MIM, Lohia Corp and Xtranet Technologies, set to open for subscription. Cube Highways Trust will open its Rs 5,000-crore InvIT public issue on July 22 and close on July 24. The price band has been fixed at Rs 151-152 per unit, while anchor investor bidding will take place on July 21. The issue is a 100 per cent book-built offer for sale by existing unitholders as the trust transitions from a privately listed InvIT to a publicly listed platform. Ahead of the public issue, Cube Highways Trust raised Rs 1,250 crore from strategic investors through unit subscription agreements. The IPOs of Indo MIM, Lohia Corp and Xtranet Technologies will open on July 23 and close on July 27. Anchor investor bidding for the three mainboard issues are slated for July 22. Precision engineering components maker Indo MIM's IPO comprises a fre
Parent co MakeMyTrip Ltd and ibibo Group Holdings to undertake OFS
Caliber Mining IPO GMP ahead of the offer is 22 per cent. The company is a coal mining and logistics provider, offering end-to-end services.
The IPO of India's largest asset manager received bids for 126.74 million shares, against 124.56 million on offer, as of 10:48 a.m. IST, exchange data showed
SBI Funds Management raised ₹2,663 crore from anchor investors ahead of its Rs 9,813 crore IPO, which opens on 14 July at a price band of ₹545-574 per share
SBI Funds Management raised ₹2,663 crore from anchor investors ahead of its Rs 9,813 crore IPO, which opens on 14 July at a price band of ₹545-574 per share
Zostel has urged Sebi to review Oyo's IPO disclosures, alleging incomplete and misleading references to their long-running legal dispute before the public issue