Page 2 - Initial Public Offering (ipo)

Laser Power & Infra's ₹742 crore IPO to open for subscription on July 9

Kolkata-based Laser Power & Infra Ltd (LPIL), an integrated manufacturer of power cables, conductors and specialised products for the power transmission and distribution industry, will launch its Rs 742 crore initial public offering (IPO) on July 9. The issue will close on July 13, according to its red herring prospectus. The IPO comprises a fresh issue of equity shares worth Rs 542 crore and an offer for sale (OFS) of shares aggregating up to Rs 200 crore by promoter selling shareholders, according to filings. Net proceeds from the fresh issue will be utilised towards repayment or prepayment of borrowings amounting to Rs 490 crore and for general corporate purposes. LPIL operates three manufacturing units in West Bengal with a combined installed capacity of 85,448 MT. The company reported revenue of Rs 2,326 crore and net profit of Rs 151 crore in FY26. Its order book stood at Rs 3,243 crore as of March 31, 2026. The firm, which also has an EPC division, is a licensed stranding .

Artha Bharat Investment launches GIFT City's first physical gold fund

Artha Bharat launches GIFT City's first physical gold fund, while Kusumgar prices its IPO and benchmark indices extend gains for a third straight session

CSM Technologies lists at 5% discount; Swara Baby Products files ₹1K cr IPO

CSM Technologies lists at a discount, while FirstCry-backed Swara Baby Products files draft papers for a ₹1,000-crore IPO to fund expansion and acquisitions

Renfra Energy India files DRHP with Sebi to raise ₹430 crore via IPO

Renewable energy EPC firm plans to use proceeds for debt redemption, working capital needs and general corporate purposes

Oyo parent PRISM files updated IPO papers, aims to raise ₹6,650 crore

Hospitality-tech firm plans a ₹6,650 crore fresh issue with no offer for sale, while most of the proceeds will be used to repay borrowings and strengthen its balance sheet

India's global IPO share at 6-year low following mega SpaceX listing

In the month of the Covid year, the share had fallen to less than 1 basis point

Jio, NSE IPOs near launch: Which shareholders stand to gain most?

Who stands to make the biggest gains when India's two most anticipated IPOs finally hit the market?

Easing West Asia tensions boost IPO activity, 3 issues to open next week

The primary market is showing signs of revival as improving geopolitical conditions in West Asia have boosted investor sentiment, prompting three mainboard IPO launches next week and paving the way for more public issues in the pipeline. Cordelia Cruises operator Waterways Leisure Tourism, Jaipur-based jewellery manufacturer Advit Jewels, and IT solutions provider CSM Technologies will launch their maiden public issues over the next few days, while packaging solutions provider Knack Packaging is expected to announce its price band. Quick commerce unicorn Zepto is looking to raise over Rs 10,000 crore, and the country's largest fund house, SBI Mutual Fund, plans to launch its Rs 13,000-crore public issue next month, according to people familiar with the development. In June, CMR Green Technologies and Hexagon Nutrition have already launched their IPOs, while the public issue of insurtech unicorn Turtlemint Fintech Solutions is currently underway. Adding to the momentum, the National

NSE files for ₹30,000 crore IPO: A look at its defining milestones

As NSE moves closer to a ₹30,000 crore IPO, here's a look at the milestones that transformed it from a market reform initiative into India's leading stock exchange

Jio set to file draft ‌papers for its $4 billion IPO within days: Report

Reliance Jio ​Infocomm may soon file its $4 billion IPO and just before billionaire ‌Mukesh Ambani's closely watched annual speech on Friday to Reliance Industries' ​shareholders

MakaDi and Borecha maker LB Brewers eyes ₹500 cr sales, IPO plans on cards

Goa-based Latambarcem Brewers (LB Brewers), which owns craft beer MakaDi and functional beverage drink 'Borecha', plans to cross the Rs 500 crore revenue mark in the next 4-5 years and also has listing plans in the mid-term to fund its expansion plans, said a company official. The company, which started its journey from a home-brewing experiment at a US apartment, has evolved into a fast-growing beverage business in India, and has plans to cross Rs 60 crore this fiscal from nearly Rs 24 crore in the previous year, driven by rapid expansion across Indian states and overseas markets, said its Chief Growth Officer Sarika Varshnei. LB Brewers has a pan-India presence of Borecha, while its beer brand 'MakaDi', which has presence in 10 states, is expected to become profitable this fiscal. "In the next five years, we expect to cross the Rs 500-crore revenue mark, and potentially exceed it. I am probably being conservative in that estimate. I am not a finance person; my focus has always bee

MakaDi and Borecha maker LB Brewers eyes ₹500 cr sales, IPO plans on cards

Goa-based Latambarcem Brewers (LB Brewers), which owns craft beer MakaDi and functional beverage drink 'Borecha', plans to cross the Rs 500 crore revenue mark in the next 4-5 years and also has listing plans in the mid-term to fund its expansion plans, said a company official. The company, which started its journey from a home-brewing experiment at a US apartment, has evolved into a fast-growing beverage business in India, and has plans to cross Rs 60 crore this fiscal from nearly Rs 24 crore in the previous year, driven by rapid expansion across Indian states and overseas markets, said its Chief Growth Officer Sarika Varshnei. LB Brewers has a pan-India presence of Borecha, while its beer brand 'MakaDi', which has presence in 10 states, is expected to become profitable this fiscal. "In the next five years, we expect to cross the Rs 500-crore revenue mark, and potentially exceed it. I am probably being conservative in that estimate. I am not a finance person; my focus has always bee

Long-awaited NSE IPO set to advance; draft papers likely next week

The long-awaited initial public offering (IPO) of the National Stock Exchange (NSE) is set to move a step closer, with the country's largest stock exchange expected to file its preliminary papers with Sebi next week, people aware of the matter said. This comes after NSE's board approved the proposed IPO on February 6, following receipt of Sebi's no-objection certificate (NOC). The public issue will be entirely an offer for sale (OFS), with no fresh issue component. According to people familiar with the development, the draft red herring prospectus (DRHP) is likely to be filed on June 15 or June 16. The exchange has a broad-based shareholder base comprising domestic financial institutions, insurance companies, foreign investors and individual shareholders. Life Insurance Corporation of India (LIC) is the single largest shareholder in NSE, holding a 10.72 per cent stake. State Bank of India (SBI) and its subsidiary, SBI Capital Markets, together own around a 7.5 per cent stake in t

Global shares advance as Trump claims breakthrough in Iran war talks

Expectations that an agreement between the US and Iran may help reopen the strait sent oil prices tumbling

Sedemac Mechatronics hits new high; up 117% from IPO issue price in 3 mths

Share price of Sedemac Mechatronics hit a new high of ₹2,938.60, as they soared 12 per cent on the BSE in Friday's intra-day trade.

Musk's SpaceX raises record $75 bn in world's biggest IPO at $135 a share

The sale breaks the previous record for the largest-ever IPO held by state-run oil giant Saudi Aramco, which raised $25.6 billion on Riyadh's exchange in December 2019, valuing it at $1.71 trillion

Hexagon Nutrition IPO draws 54x bids; NLC OFS and NSE moves in focus

Hexagon Nutrition's IPO attracted strong investor demand, while NLC India's OFS was oversubscribed and NSE pledged CSR support for the Social Stock Exchange

Demand surges for SpaceX's record-setting IPO as orders top $10 billion

Banks leading the offering by SpaceX are expected to stop taking orders from institutional investors on Wednesday after the market closes in New York at 4 pm

FirstCry-promoted Swara Baby to file papers for up to ₹1,000-cr IPO in June

Swara Baby Products, a contract manufacturer of baby diapers, adult diapers and feminine hygiene products backed by FirstCry, is planning to file draft papers with Sebi this month to raise funds up to Rs 1,000 crore through an Initial Public Offering (IPO), people familiar with the development said on Tuesday. The proposed IPO is expected to comprise a fresh issue of shares and an Offer for Sale (OFS) by existing shareholders, they added. JM Financial and Avendus Capital have been appointed as the book-running lead managers for the issue. Emails sent to the company and the investment bankers seeking comments did not elicit any response till the filing of this report. Led by Alok Birla, who has over 18 years of experience in the hygiene products industry, Swara Baby manufactures disposable hygiene products across baby care, adult incontinence and feminine hygiene segments. Along with Birla, Brainbees Solutions Ltd, the parent of FirstCry, is among the promoters of the ...

Perplexity targets 2028 IPO regardless of Anthropic or OpenAI listings

The SpaceX IPO this week will definitely be a leading indicator of how Anthropic or OpenAI will go out, CEO Aravind Srinivas said