Page 8 - Initial Public Offering Ipo

Sebi plans larger quota for institutions in big IPOs, trims retail share

Sebi said its proposals reflect current market conditions, marked by robust mutual fund inflows and larger IPO sizes

PropShare Titania SM REIT IPO ends with 1.61x subscription

The initial public offer of PropShare Titania SM REIT IPO received bids for 7,253 shares as against 4,493 shares on offer

GNG Electronics IPO allotment today; check status, GMP, likely listing date

The investors who have applied for the GNG Electronics IPO can check the allotment status online by visiting the official websites of BSE, NSE, or Bigshare Services, the registrar for the issue

Sotefin Bharat plans ₹80 cr IPO to build parking robot unit in West Bengal

Swiss automated parking solutions major Sotefin SA's Indian subsidiary, Sotefin Bharat, on Sunday said it will hit the capital market to raise Rs 80 crore to support indigenous manufacturing of robots for automated parking systems in West Bengal. The entire issue will be a fresh equity offer, with no stake dilution by the promoters or existing PE funds, a top company official said. "We are in the process of launching an IPO, which will help us become Atmanirbhar in the production of robots used in automated parking systems. The robot manufacturing facility will require around Rs 40 crore, while the remaining Rs 40 crore will be largely used for debt reduction and enhancing working capital to undertake larger projects," Sotefin Bharat Managing Director & CEO Arup Choudhuri told PTI. The company has announced a new manufacturing facility at Bagnan in West Bengal's Howrah district, entailing an investment of approximately Rs 40 crore. Once fully operational with in-house robotic ...

Sotefin Bharat plans ₹80 cr IPO to build parking robot unit in West Bengal

Swiss automated parking solutions major Sotefin SA's Indian subsidiary, Sotefin Bharat, on Sunday said it will hit the capital market to raise Rs 80 crore to support indigenous manufacturing of robots for automated parking systems in West Bengal. The entire issue will be a fresh equity offer, with no stake dilution by the promoters or existing PE funds, a top company official said. "We are in the process of launching an IPO, which will help us become Atmanirbhar in the production of robots used in automated parking systems. The robot manufacturing facility will require around Rs 40 crore, while the remaining Rs 40 crore will be largely used for debt reduction and enhancing working capital to undertake larger projects," Sotefin Bharat Managing Director & CEO Arup Choudhuri told PTI. The company has announced a new manufacturing facility at Bagnan in West Bengal's Howrah district, entailing an investment of approximately Rs 40 crore. Once fully operational with in-house robotic ...

NephroPlus files DRHP, aims to raise ₹353.4 crore via fresh equity issue

The Hyderabad based firm aims to raise ₹353.4 crore through a fresh issue of equity shares. Market sources claim the total issue size could touch ₹2000 crore

Smallcap stock under ₹300 falls 8% post Q1 earnings; check details

DAM Capital's profit after tax (PAT) figure also witnessed a sharp drop to just ₹0.23 crore in Q1FY26 from ₹22 crore reported in the first quarter of FY25

Brigade Hotel mobilises ₹325 crore from anchor investors ahead of IPO

Brigade Hotel Ventures Ltd, owner and developer of hotels in south India, on Wednesday raised Rs 325 crore from anchor investors, a day before its initial share-sale opening for public subscription. The anchor book saw participation from investors, including SBI Mutual Fund (MF), 360 One MF, Axis MF, Motilal Oswal MF, Bandhan MF, Edelweiss MF and Nuvama MF, according to a circular uploaded on the BSE's website. As per the circular, Brigade Hotel Ventures has allotted over 3.6 crore equity shares to 17 funds at Rs 90 apiece. This aggregates the capital raising to Rs 324.72 crore. The initial public offering (IPO) is scheduled to open on Thursday and conclude on July 28. The price band has been set at Rs 85 to Rs 90 per share. At the upper end of the price band, the company is valued at over Rs 3,400 crore. Brigade Hotel Ventures' IPO is entirely a fresh issue of equity shares worth Rs 759.6 crore with no offer-for sale (OFS) component. Proceeds from the issue to the tune of Rs 468

Brigade Hotel Ventures plans to launch ₹749.6 crore IPO on July 24

The offer will remain open until July 28, with anchor investor bidding set to begin a day earlier on July 23, as per the company's RHP

Snapdeal's parent AceVector files confidential draft IPO papers with Sebi

AceVector, parent company of e-commerce marketplace Snapdeal, has confidentially filed draft papers with markets regulator Sebi to raise funds through an initial public offering (IPO). In a public announcement on Saturday, AceVector stated that it has submitted "the pre-filed draft red herring prospectus with Sebi and the stock exchanges ...in relation to the proposed initial public offering of its equity shares on the main board of the stock exchanges". Apart from Snapdeal, the Gurugram-based AceVector also operates software-as-a-service (SaaS) platform Unicommerce, and consumer brand building firm Stellar Brands. Of these, Unicommerce became a publicly listed company in 2024. The company's IPO had received an overwhelming response, with the issue having been oversubscribed 168.32 times. AceVector, which is founded by Kunal Bahl and Rohit Bansal, opted for the confidential pre-filing route, which allows it to withhold public disclosure of IPO details under the draft red herring ..

Indira IVF's $408 million India IPO may see EQT, founders exit stake

The company, backed by private equity firm EQT AB, plans to submit the so-called draft red herring prospectus later this month

Office space company WeWork India gets regulatory approval for IPO

WeWork India's IPO comprises an OFS by Embassy Buildcon and 1 Ariel Way Tenant Ltd with no proceeds to the company and includes 94,440 desks across 59 centres

Bumper debut! GLEN Industries lists at 62% premium, beats IPO GMP forecasts

GLEN Industries shares listed at ₹157 per share, reflecting a premium of ₹60 or 61.86 per cent over the IPO issue price of ₹97

INOX Clean Energy files confidential draft papers, eyes ₹6,000 cr IPO

INOX Clean Energy has confidentially filed draft papers with markets regulator Sebi to raise Rs 6,000 crore through an Initial Public Offering (IPO), according to industry sources familiar with the development. This could potentially become the largest Indian IPO in the clean energy and renewables sector. With a proposed equity dilution of over 10 per cent, the company is targeting a market capitalisation of around Rs 50,000 crore, they added. In a public announcement on Friday, INOX Clean Energy, a part of the USD 12 billion INOXGFL Group, stated that it has submitted "the pre-filed draft red herring prospectus with Sebi and the stock exchanges, in relation to the proposed initial public offering of its equity shares on the main board of the stock exchanges." Industry sources familiar with the development said that a major portion of the public offer will comprise a fresh issue, with the proceeds earmarked for setting up new facilities in solar and Independent Power Producers ...

Indian IPOs set to raise up to $18 billion in second-half surge: Jefferies

The surge in offerings puts India's primary market on course to extend a blockbuster 2024, when companies raised $21 billion through first-time share sales

Reliance Jio Platforms delays IPO plans, 2025 listing not on the cards

Valued by analysts at over $100 billion, Jio wants to achieve higher revenues and a bigger subscriber base for its telecom business

Ahead of July 10 listing, Smartworks reports ₹382 cr debt as of Apr-end

Smartworks Coworking Spaces, which plans to launch IPO on July 10, has said that the company's total debt stood at Rs 382 crore at the end of April. Gurugram-based Smartworks currently has 48 operational centres with over 1.9 lakh seating capacities. "Our total outstanding borrowings as on April 30, 2025, were Rs 3,819.67 million, on a consolidated basis," the company said in a Red Herring Prospectus (RHP) filed with SEBI. Smartworks will hit the capital market on July 10 to launch its Initial Public Offering (IPO). The issue will close on July 14. The company has revised its IPO size downward. The size of the fresh issue has been reduced to Rs 445 crore from the earlier planned Rs 550 crore, while the Offer For Sale (OFS) by promoters has been cut to 33.79 lakh shares from 67.59 lakh shares. Out of the total proceeds from the fresh issue of shares, the company will use Rs 226 crore for capital expenditure related to the fit-outs in new centres and security deposits for these ne

Allied Engineering Works files IPO papers, to raise ₹400 cr via fresh issue

Smart energy meter manufacturer Allied Engineering Works has filed preliminary papers with the markets regulator Sebi to garner funds through an initial public offering (IPO). The proposed IPO is a combination of fresh issuance of shares worth Rs 400 crore, and an offer-for-sale of 75 lakh shares by promoter Ashutosh Goel, according to the draft red herring prospectus (DRHP) filed on Saturday. Proceeds from the fresh issue will be used for part financing the capital expenditure required to set up manufacturing facilities. This includes Rs 116.75 crore for the production of smart gas meters, smart water meters, and IoT (Internet of Things) solutions at the Kundli facility, and Rs 99.71 crore for the production of smart electricity meters at the Rai facility. Additionally, Rs 120 crore will be allocated towards meeting the company's future working capital requirements and a portion of the proceeds will also be used for general corporate purposes. Also, the city-based company consider

Smartworks Coworking IPO to open on July 10; issue size cut to ₹445 crore

About Rs 226 crore from the total proceeds will be used for capital expenditure related to the fit-outs in new centres and security deposits for these new centres

Visioning expansion: IPO-bound Lenskart sets sights on AI glasses

The investment gives Lenskart access to Ajna's XR and AI tech as it plans to launch consumer-focused smart eyewear and raise $1 billion at a $10 billion valuation