Page 8 - Initial Public Offering (ipo)

SME IPOs regain momentum after three-month lull, raise ₹3,131 crore

Experts attribute it to buoyant market sentiment and pursuit of better listing gains among investors

RSB Retail files draft IPO papers with Sebi, seeks to raise ₹1,500 cr

RSB Retail India Ltd, a multi-brand retail chain in south India, has filed preliminary papers with markets regulator Sebi for an initial public offering (IPO), and people familiar with the matter indicated the issue could raise around Rs 1,500 crore. The proposed IPO is a combination of a fresh issue of equity shares aggregating up to Rs 500 crore and an offer for sale (OFS) of up to 2.98 crore equity shares by promoters, according to the draft red herring prospectus (DRHP) filed on Thursday. The Hyderabad-based company plans to utilise the net proceeds to the tune of Rs 275 crore for payment of debt, Rs 118 crore for setting up of new stores under the R S Brothers and South India Shopping Mall formats; and rest for general corporate purposes. Incorporated in 2008, RSB Retail is a leading multi-format apparel retailer catering to premium, mid-premium, and value customer segments offering ethnic wear, everyday casual wear and formal wear. As of March 31, 2025, RSB Retail had 73 stor

All Time Plastics IPO listing: Stock debuts at 14% premium; quick overview

All Time Plastics IPO listing: The company lists at 14 per cent premium on BSE and 13 per cent on NSE; check all details here

With 3 mn new entries, demat a/cs see biggest spike in July since Dec

With seamless onboarding and the continued allure of equities fuelling demand, July's additions pushed the nationwide demat count beyond 200 million

AI firm Fractal Analytics files DRHP, eyeing to raise ₹4,900 cr via IPO

The IPO comprises a fresh issue of equity shares aggregating up to ₹12,79.3 crore and an offer for sale of equity shares aggregating up to ₹3620.7 crore

Shreeji Shipping, Patel Retail to launch maiden IPOs on August 19

Shipping and logistics solutions provider Shreeji Shipping Global Ltd and supermarket chain Patel Retail Ltd are set to launch their maiden public issues on August 19. According to their Red Herring Prospectus (RHP), the IPOs will close on August 21, and the one-day bidding for anchor investors is scheduled for August 18. The two companies will announce the price band for their public issues on Monday. So far this year, 44 mainboard companies have launched their IPOs. In addition, two IPOs of BlueStone Jewellery and Lifestyle will open on August 11, followed by the issue of agro-based firm Regaal Resources on August 12. Going by the RHP, Shreeji Shipping Global's IPO is an entirely fresh issue of 1.63 crore equity shares with no offer for sale (OFS) component. The company plans to utilise Rs 251.2 crore from the IPO proceeds for the acquisition of dry bulk carriers in the supramax category on the secondary market, and Rs 23 crore for debt repayment. The flagship company of ...

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 ...