Page 6 - Initial Public Offering (ipo)

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 ...

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 ...

Investors lap up Urban Company, Dev Accelerator and Shringar IPOs

Backed by Tiger Global, the home services marketplace sees bumper demand; Dev Accelerator and Shrinagar House of Mangalsutra IPOs also heavily oversubscribed

Cotec Healthcare files draft papers with Sebi to raise funds through IPO

Pharmaceutical company Cotec Healthcare 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 aggregating up to Rs 295 crore, along with an offer for sale (OFS) component of 60 lakh shares, according to the draft red herring prospectus (DRHP) filed on Thursday. Under the OFS, promoters Harsh Tiwari and Vandana Tiwari will offload 30 lakh equity shares each. The company proposes to utilise proceeds from the fresh issue worth Rs 226.25 crore for setting up anew project aimed at enhancing existing manufacturing capacities and facilitating the manufacture of new products. Besides, a portion of the proceeds will also used for general corporate purposes. Cotec Healthcare is a leading player in the contract development and manufacturing organization (CDMO) industry in India. Its CDMO offerings include formulation, loan licensing and commercial manufacturing of

Tata Capital concludes IPO roadshows, positions itself as NBFC green leader

IPO-bound Tata Capital begins global and domestic roadshows at $18 bn valuation, with its cleantech loan book surging to ₹18,000 crore and green finance at the centre of its pitch

Urban Company IPO opens with 35% GMP: Analysts eye long-term growth; apply?

Urban Company IPO: Check price band, lot size, grey market premium (GMP), reviews, allotment date, listing date, and other key details here

Shivalaya Construction files ₹450 cr for IPO with Sebi via fresh issue, OFS

Shivalaya Construction has filed preliminary papers with markets regulator Sebi for raising funds through an initial public offering to pare its debt. The proposed IPO is a combination of a fresh issue of shares worth Rs 450 crore and an offer-for-sale (OFS) of 2.48 crore shares by promoters, according to the draft red herring prospectus (DRHP). Of the fresh issuance, funds to the tune of Rs 340 crore will be used to pay debt, and the remaining funds will be utilised for general corporate purposes. The company, in its draft papers filed on Friday, stated it had total borrowings of Rs 3,048 crore as of March 2025. The Delhi-based company may consider a pre-IPO placement aggregating up to Rs 90 crore. If this is undertaken, the fresh issue size will be reduced accordingly. Incorporated in 2007, Shivalaya Construction is an integrated infrastructure engineering, procurement and construction player with a focus on roads, highways and bridges. It executed 41 projects as of July 31, 202

Supreet Chemicals files IPO draft papers with Sebi to raise ₹499 cr

Supreet Chemicals Ltd has filed preliminary papers with markets regulator Sebi for raising Rs 499 crore through an initial public offering (IPO) to fund its greenfield project and pare debt. The IPO will be entirely a fresh issue of equity shares with no offer-for-sale component, according to the draft red herring prospectus (DRHP) filed on Friday. The specialty chemicals company plans to use Rs 310 crore for financing its greenfield project, Rs 65 crore for paying debt and remaining funds for meeting general corporate expenses. The company's total outstanding borrowings amounted to over Rs 200 crore as of March 2025, the draft papers showed. The company may also consider raising up to Rs 99 crore through a pre-IPO placement. If undertaken, fresh issue size will be reduced accordingly. Headquartered in Gujarat, Supreet Chemicals is specialty chemical intermediates manufacturer with expertise in handling over 15 complex chemistries. Its products cater to industries including textil

Supreet Chemicals files IPO draft papers with Sebi to raise ₹499 cr

Supreet Chemicals Ltd has filed preliminary papers with markets regulator Sebi for raising Rs 499 crore through an initial public offering (IPO) to fund its greenfield project and pare debt. The IPO will be entirely a fresh issue of equity shares with no offer-for-sale component, according to the draft red herring prospectus (DRHP) filed on Friday. The specialty chemicals company plans to use Rs 310 crore for financing its greenfield project, Rs 65 crore for paying debt and remaining funds for meeting general corporate expenses. The company's total outstanding borrowings amounted to over Rs 200 crore as of March 2025, the draft papers showed. The company may also consider raising up to Rs 99 crore through a pre-IPO placement. If undertaken, fresh issue size will be reduced accordingly. Headquartered in Gujarat, Supreet Chemicals is specialty chemical intermediates manufacturer with expertise in handling over 15 complex chemistries. Its products cater to industries including textil

Knack Packaging files draft papers with Sebi for IPO, aims to raise ₹475 cr

Packaging solutions provider Knack Packaging has filed draft papers with Sebi to raise funds through an Initial Public Offering (IPO) to support its expansion plans. The issue comprises a fresh equity issue of Rs 475 crore and an Offer for Sale (OFS) of 70 lakh equity shares by promoters and an existing shareholder, according to the Draft Red Herring Prospectus (DRHP) filed on Thursday. Of the fresh issue, about Rs 435 crore will be utilised for setting up a new manufacturing facility at Borisana, Kadi in Mehsana, Gujarat, while the balance will be earmarked for general corporate purposes. Headquartered in Ahmedabad, Knack Packaging is a leading integrated, innovation-driven, export-oriented packaging solutions provider. Its portfolio includes Printed and Laminated Woven Polypropylene (PLWPP) bags and PLWPP pinch bottom bags, catering to diverse sectors such as food products and pet foods. The company commands nearly 10 per cent market share in India's flexible bulk PLWPP bags ...

Eldorado Agritech files draft papers with Sebi, to raise ₹1,000 cr via IPO

Eldorado Agritech Ltd, known for its brand Srikar Seeds, has filed preliminary papers with markets regulator Sebi seeking approval to mobilise Rs 1,000 crore through an initial public offering (IPO). The proposed IPO is a combination of a fresh issue of equity shares worth Rs 340 crore and an offer for sale (OFS) of shares valued at Rs 660 crore by promoters, according to the draft red herring prospectus (DRHP) filed on Wednesday. As part of the OFS, promoters Srinivasa Rao Linga and Usha Rani Papineni will offload shares aggregating to Rs 500 crore and Rs 160 crore, respectively. The Telangana-based seed-to-harvest solutions provider plans to utilise Rs 245 crore from the fresh issuance for payment of debt and general corporate purposes. The company provides customers with comprehensive seed to harvest' solutions, spanning from seed innovation to crop care products, and is engaged in research & development (R&D), production, processing, marketing and distribution of seeds ...

Eldorado Agritech files draft papers with Sebi, to raise ₹1,000 cr via IPO

Eldorado Agritech Ltd, known for its brand Srikar Seeds, has filed preliminary papers with markets regulator Sebi seeking approval to mobilise Rs 1,000 crore through an initial public offering (IPO). The proposed IPO is a combination of a fresh issue of equity shares worth Rs 340 crore and an offer for sale (OFS) of shares valued at Rs 660 crore by promoters, according to the draft red herring prospectus (DRHP) filed on Wednesday. As part of the OFS, promoters Srinivasa Rao Linga and Usha Rani Papineni will offload shares aggregating to Rs 500 crore and Rs 160 crore, respectively. The Telangana-based seed-to-harvest solutions provider plans to utilise Rs 245 crore from the fresh issuance for payment of debt and general corporate purposes. The company provides customers with comprehensive seed to harvest' solutions, spanning from seed innovation to crop care products, and is engaged in research & development (R&D), production, processing, marketing and distribution of seeds ...