Page 4 - Initial Public Offering Ipo

LG India seeks ₹77,400 cr valuation with ₹11,607 cr IPO opening Oct 7

LG Electronics India has fixed a price band of Rs 1,080-1,140 per share for its IPO, aiming for a Rs 77,400 cr valuation through a ₹11,607 cr offer-for-sale

India poised for record-breaking IPO month in October with $5 bn in deals

Big-ticket deals, including billion-dollar offerings from Tata Capital Ltd. and LG Electronics Inc.'s local unit, are boosting confidence that India's $5 trillion stock market

India poised for record-breaking IPO month in October with $5 bn in deals

Big-ticket deals, including billion-dollar offerings from Tata Capital Ltd. and LG Electronics Inc.'s local unit, are boosting confidence that India's $5 trillion stock market

RBI raises IPO financing limit to ₹25 lakh, loan against shares to ₹1 cr

This move is expected to encourage greater participation by high-net-worth individuals (HNIs) and deepen engagement in the primary market

Runwal Developers files draft papers with Sebi to raise ₹2,000 cr via IPO

Proceeds from the fresh issue will be used for the prepayment or repayment of certain outstanding borrowings and for general corporate purposes

Virupaksha Organics files draft papers with Sebi for ₹740 crore IPO

Pharmaceutical company Virupaksha Organics has filed preliminary papers with capital markets regulator Sebi to raise Rs 740 crore through an initial public offering (IPO). The proposed IPO of the Hyderabad-based company is entirely a fresh issue of equity shares, according to the draft red herring prospectus (DRHP) filed on Monday. The company may consider raising Rs 148 crore in a pre-IPO placement round. If such placement is undertaken, then the issue size will be reduced. Virupaksha proposes to utilise proceeds of the fresh issue to the tune of Rs 360 crore towards funding capital expenditure requirement for capacity expansion, Rs 195 crore earmarked for payment of debt and the balance towards general corporate purposes. Virupaksha Organics is a research and development (R&D) driven Indian pharmaceutical company engaged in the manufacturing of active pharmaceutical ingredients (APIs) and intermediates. As of March 31, 2025, it had a diversified portfolio of 54 products, ...

IPO-bound EV startup Simple Energy plans aggressive expansion by 2029

Bengaluru-headquartered Simple Energy, founded in 2019, opened its first showroom last year and now operates 53 outlets across the country

Zoho IPO unlikely soon, hints Sridhar Vembu; focus on R&D initiatives

Zoho founder Sridhar Vembu said the company will not seek an IPO soon, citing the success of Arattai and its focus on Bharat-specific research and development projects

Elevate Campuses files DRHP with Sebi to raise ₹2,550 crore via IPO

Elevate Campuses, India's largest student accommodation platform, has filed draft papers with Sebi for a Rs 2,550 crore IPO to fund acquisitions, debt repayment and expansion

Co-working major WeWork India to float ₹3,000 crore IPO on October 3

Co-working major WeWork India is gearing up to launch its initial public offering (IPO) on October 3, with people aware of the matter pegging the issue size to nearly Rs 3,000 crore. The issue will close on October 7, with bidding for anchor investors opening for a day on October 1, as per the red herring prospectus (RHP). As per the draft papers, the proposed IPO is entirely an Offer for Sale (OFS) of up to 4.63 crore equity shares. Promoter group firm Embassy Buildcon LLP and investor 1 Ariel Way Tenant Ltd (part of WeWork Global) will offload shares. Since the issue is an OFS, WeWork India itself will not receive any proceeds from the listing. Currently, Embassy Group holds about 76.21 per cent in WeWork India, while WeWork Global owns 23.45 per cent. Established in 2017, WeWork India operates under an exclusive license of the 'WeWork' brand in India and is promoted by the Bengaluru-based real estate major Embassy Group. In its draft papers, WeWork India stated that the object

Hong Kong, India lead strong year in equity capital markets with big IPOs

Hong Kong has benefited from Chinese companies rushing to raise money to fund their expansion, tapping renewed investor appetite for the world's second-largest economy

Laser Power and Infra files draft papers with Sebi for ₹1,200 cr IPO

Laser Power and Infra Ltd, a cable and conductor manufacturer, has filed preliminary papers with markets regulator Sebi to raise Rs 1,200 crore through an initial public offering (IPO). With this, the Kolkata-based company is targeting a valuation of Rs 5,500-6,500 crore, people familiar with the matter said. The proposed IPO is a combination of a fresh issue of equity shares worth Rs 800 crore and an offer for sale (OFS) of equity shares valued at Rs 400 crore by promoters, according to the draft red herring prospectus (DRHP) filed on Saturday. As part of the OFS, Deepak Goel, Rakhi Goel, and Devesh Goel will offer offload shares aggregating up to Rs 225 crore, Rs 50 crore and Rs 125 crore, respectively. Laser Power and Infra Ltd (LPIL) plans to use the fresh issue proceeds to repay loans of up to Rs 600 crore, and a portion would be earmarked for general corporate purposes. The company may consider a Pre-IPO Placement of equity shares aggregating up to Rs 160 crore. If such ...

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

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