Page 12 - Initial Public Offering Ipo

CSM Technologies files draft papers for IPO with Sebi to raise funds

CSM Technologies, a digital transformation, GovTech, and IT consulting services provider, has filed its preliminary papers with markets regulator Sebi to raise funds through an initial public offering (IPO). The Bhubaneswar-based company's proposed IPO comprises entirely a fresh issue of 1.29 crore equity shares, with no offer-for-sale (OFS) component. Proceeds from the issue will be utilised towards funding growth initiatives, strengthening technological infrastructure, payment of debt and general corporate purposes, according to the draft red herring prospectus (DRHP) filed on Thursday. Founded in 1998 as Cybertech Software & Multimedia Pvt Ltd, the company was renamed CSM Technologies Pvt Ltd in 2014 and converted into a public company in 2025. CSM Technologies is a global GovTech company specialising in digital transformation, IT consulting, and providing comprehensive 360-degree IT solutions to governments and public enterprises worldwide. The company has subsidiaries in the .

Alcobrew Distilleries India files draft papers for IPO, eyes ₹258 crore

Spirit maker Alcobrew Distilleries India Ltd has filed draft papers with capital markets regulator Sebi to seek its approval to raise funds through an initial public offering (IPO). The company's maiden offering comprises a fresh issue aggregating up to Rs 258.26 crore and an offer-for-sale (OFS) of 1.8 crore shares by a promoter, according to the draft red herring prospectus (DRHP) filed on Thursday. Funds raised through the fresh issue will be utilised towards funding business expansion, working capital requirements, and general corporate purposes. Alcobrew is engaged in the manufacturing, marketing, and selling of alcoholic beverages, including whisky, vodka, and rum. Its brand portfolio includes Golfer's Shot (premium whisky), White & Blue (blended whisky), White Hills (regular whisky), and One More (vodka), catering to diverse consumer segments across the Indian market. The company operates manufacturing facilities at Solan, Himachal Pradesh, and Dera Bassi, Punjab, with both

Saatvik Green Energy makes disappointing debut; GK Energy jumps 10%

Saatvik Green Energy slips 5% on debut, GK Energy jumps nearly 10%; Aarvee Engineering and Deon Energy file draft papers with Sebi for upcoming IPOs

Tata Capital IPO to open October 6, anchor investor bids from October 3

Tata Capital filed its red herring prospectus with Sebi for an IPO opening October 6 and closing October 8, with anchor investor subscriptions beginning October 3

Curefoods secures ₹160 crore pre-IPO placement from 3State Ventures

Curefoods allots 12.8 million equity shares at Rs 124 each to Binny Bansal's 3State Ventures in a pre-IPO placement, ahead of its Rs 800 crore fresh issue and OFS under SEBI norms

Bonds, gold likely to deliver steady returns in CY25: Shiv Goel, Bonanza

A balanced allocation to gold for crisis protection, bonds for stability, and quality equities for growth can help build resilient portfolios in CY25

NSE unique investor base crosses 120 million; one in four are women

The exchange surpassed the 110-million mark in January this year

IPO-bound PhysicsWallah to invest ₹460 crore in offline, hybrid centers

PhysicsWallah will use ₹460.55 crore from IPO proceeds to set up Vidyapeeth, Pathshala and Other Centers across India and select overseas markets to expand offline reach

IPO-bound PhysicsWallah to invest ₹460 crore in offline, hybrid centers

PhysicsWallah will use ₹460.55 crore from IPO proceeds to set up Vidyapeeth, Pathshala and Other Centers across India and select overseas markets to expand offline reach

PhonePe files draft papers via confidential route ahead of likely IPO

Fintech startup reported 40% revenue growth and positive cash flows in FY25

Govt plans minority stake sales in nearly 6 state firms: Divestment secy

Chawla said the government will make an initial public offering (IPO) of a state-run firm in the natural resources sector in the current financial year

Zelio E-Mobility to raise ₹78 crore via SME IPO for R&D, expansion

Hisar-based Zelio E-Mobility to raise Rs 78 crore through an SME IPO to fund new plants, strengthen R&D, reduce debt and enhance capacity to meet growing demand for EVs

Jain Resource Recycling IPO worth ₹1,250 cr to open on September 24

Jain Resource Recycling will raise Rs 1,250 crore via IPO opening Sept 24 with proceeds to repay debt, fund corporate purposes and expand into plastics and e-waste recycling

Urban Company plans to bet on instant home services to attract clients: CEO

As of June 30, Urban Company had 7.02 million annual transacting customers, according to its offer document

Jaro Education IPO to open on September 23, aims to raise Rs 450 crore

Jaro Institute of Technology Management and Research (Jaro Education) on Thursday said it is looking to raise Rs 450 crore through its Initial Public Offering (IPO), which will open for subscription on September 23. In a public announcement, the company said it has fixed a price band of Rs 846 to Rs 890 per share for its maiden public offering. The company's IPO --comprises a fresh issue of shares worth Rs 170 crore and an Offer for Sale (OFS) of shares valued Rs 280 crore by promoter Sanjay Namdeo Salunkhe -- is scheduled to conclude on September 25. Of the fresh issuance, Rs 81 crore has been earmarked for marketing, brand building and advertising activities, Rs 45 crore for payment of debt and the rest for general corporate purposes. Founded in 2009 by Salunkhe, Jaro Education offers degree programs and certification programs in collaboration with its partner institutions. As of March 2025, it has over 22 offices-cum-learning centres across major cities for offline learning, ap

Urban Company makes stellar debut as shares jump 62% over issue price

Investor interest in the company was evident from its blockbuster initial public offering (IPO)

Prosus NV doubles stake in Urban Company ahead of $1.8 billion IPO

The Amsterdam-based technology group now owns 7.35 per cent of Urban after adding about 4 per cent in the latest deal

Urban Company shares list at 57% premium; should you book profit or hold?

Urban Company share price: Urban Company shares listed at ₹161 per share on the BSE and ₹162.25 per share on the NSE, against the IPO issue price of ₹103 per share

IFC set to earn multibagger gains from Tata Capital's $2 billion IPO

The International Finance Corporation is set to pocket hefty returns from Tata Capital's upcoming USD 2 billion (Rs 17,000 crore) initial public offering, as the World Bank Group arm looks to trim its stake in the non-banking finance company. The International Finance Corporation (IFC) will offload 3.58 crore shares in the offering, exiting part of an early bet on Tata Capital's cleantech business made in 2011, according to the updated draft red herring prospectus (DRHP). Tata Capital is likely to launch its USD 2 billion initial public offering (IPO) in the first half of October after the Reserve Bank of India (RBI) granted an extension to list its shares on bourses, people familiar with the matter said. Earlier, the non-banking finance company was given time till September 30 to list on stock exchanges. IFC, the World Bank Group's private sector arm, partnered with Tata Capital in 2011 to set up Tata Cleantech Capital Ltd (TCCL), with the mandate to finance renewable and sustaina

Over a dozen cos plan IPOs worth ₹10k cr amid policy push, liquidity boost

Over a dozen companies are gearing up to launch their IPOs over the next two to three weeks, aiming to raise nearly Rs 10,000 crore, buoyed by supportive policy measures, including GST 2.0 reforms, and the RBI's monetary policy easing through rate cuts. Among the firms preparing to tap the primary markets are iValue Infosolutions, Saatvik Green Energy, JinKushal Industries, Atlanta Electricals, Park Medi World, SolarWorld Energy Solutions, Jain Resource Recycling, CIEL HR Services, GK Energy, Ganesh Consumer Products, Anand Rathi Share and Stock Brokers, and Seshaasai Technologies, merchant bankers said. All these companies are expected to announce their price bands in the week beginning September 15 and plan to launch their IPOs before September 30, they added. Merchant bankers further indicated that this will be followed by offerings from Anantam Highway InvIT (Alpha Alternatives), Epack Prefab Technologies, Pranav Construction, and TruAlt Bioenergy. These firms are likely to ...