Page 4 - Initial Public Offering (ipo)

Behari Lal Engineering files draft papers for IPO, seeks to raise ₹110 cr

Behari Lal Engineering Ltd has filed draft papers with market regulator Sebi to mobilise funds through an initial public offering (IPO). The IPO comprises a fresh issue of shares worth Rs 110 crore and an offer-for-sale (OFS) of 78.54 lakh shares by promoters and an investor shareholder SG Tech Engineering, according to the draft red herring prospectus (DRHP) filed on Friday. Proceeds from the fresh issue will be deployed for funding capital expenditure requirements, repayment or prepayment of borrowings, and general corporate purposes. Behari Lal Engineering was established in Punjab in 1995 as Behari Lal Ispat Private Limited. In 2024, it was converted into a public limited company and renamed Behari Lal Engineering Limited to reflect its broader product portfolio and scale of operations. The company manufactures engineering castings, alloy steel products, and metal rolls, which are used in industries such as steel, power, and heavy engineering. It operates two integrated produc

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 .

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