Page 9 - Initial Public Offering Ipo

SpaceX files for blockbuster IPO confidentially, eyes $1.75 trn valuation

The filing comes after SpaceX merged with Musk's artificial intelligence startup xAI in a deal that valued the rocket company at $1 trillion and the developer of the Grok chatbot at $250 billion

Rediff opts for confidential route, files IPO draft papers with Sebi

Rediff.com India Ltd, a subsidiary of AvenuesAI Ltd, has filed preliminary papers with markets regulator Sebi through the confidential route to float an initial public offering (IPO). The company has opted for the confidential pre-filing route, which allows it to engage with the Securities and Exchange Board of India (Sebi) for initial feedback on its draft document without it being publicly disclosed. Companies increasingly prefer this route because it offers more flexibility in IPO preparations and allows them to respond to market conditions before a public filing. In a stock exchange filing on Tuesday, AvenuesAI said, "Rediff.com India Ltd, a subsidiary of AvenuesAI Ltd, has filed the Pre-Filed Draft Red Herring Prospectus (Pre-DRHP) with the Sebi, the BSE Ltd and the National Stock Exchange of India Ltd in relation to the proposed initial public offering of its equity shares...on the main board". AvenuesAI, formerly known as Infibeam Avenues, is a multinational financial ...

Sathya Agencies files DRHP with Sebi for ₹600 cr IPO with fresh issue, OFS

Offer comprises ₹300 crore fresh issue and ₹300 crore OFS; proceeds to fund acquisition of subsidiary, repay borrowings and support general corporate purposes

Sathya Agencies files preliminary draft papers with Sebi for ₹600 crore IPO

Consumer electronics retailer Sathya Agencies Ltd has filed preliminary papers with markets regulator Sebi to raise Rs 600 crore through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares aggregating to Rs 300 crore and an offer for sale (OFS) of equity shares worth Rs 300 crore by promoters, taking the total offer size to Rs 600 crore, according to the draft red herring prospectus (DRHP) filed on Monday. The OFS includes the sale of shares by promoters -- Johnson Asaria, J John Sathya and Charles Packiaraj. Each of them will offload equity shares valued at Rs 100 crore. The Tamil Nadu-based company proposes to utilise the proceeds from the fresh issue towards repayment or prepayment of certain borrowings, payment of partial purchase consideration for the acquisition of its subsidiary Unilet Appliances Private Limited, and for general corporate purposes. Also, the company expects that listing of its equity shares will enhance its visibility

Powerica IPO allotment today: Here's how to check your application status

Powerica IPO allotment today: Following the finalisation of the allotment, investors can check the Powerica IPO allotment status on the official websites of BSE, NSE, or MUFG Intime India

NSE sets modest advisory fee of just 0.65% for upcoming $2.5 bn IPO

Based on an expected deal size of about $2.5 billion, the total fee pool could be about $16.25 million, with the bulk likely to be shared among the six lead banks

NSE sets modest advisory fee of just 0.65% for upcoming $2.5 bn IPO

Based on an expected deal size of about $2.5 billion, the total fee pool could be about $16.25 million, with the bulk likely to be shared among the six lead banks

PhonePe defers IPO plans amid West Asia crisis, market volatility

PhonePe has temporarily deferred its IPO plans citing the West Asia conflict and volatile markets, though the company says it remains committed to pursuing a public listing in India

PhonePe defers IPO plans amid West Asia crisis, market volatility

PhonePe has temporarily deferred its IPO plans citing the West Asia conflict and volatile markets, though the company says it remains committed to pursuing a public listing in India

FinMin amends minimum public float rules for companies planning IPOs

The Finance Ministry has amended rules for minimum public offers floated by companies for getting listed on stock exchanges and linked it with post-issue capital. The Securities Contracts (Regulation) Amendment Rules, 2026, notified on March 13, states that companies with post-issue capital of more than Rs 1,600 crore and below Rs 5,000 crore will have to increase their public shareholding to at least 25 per cent within three years from the day of listing in the manner specified by the Securities and Exchange Board of India (Sebi). The rules further state that at least 2.5 per cent of each class of securities must be offered to the public at the time of listing, irrespective of the post-issue threshold. It also said that a company with post-issue capital of up to Rs 1,600 crore, at least 25 per cent of each class of equity shares or debentures convertible into equity shares issued by the company must be offered to the public. If the post-issue capital is more than Rs 1,600 crore, bu

FinMin amends minimum public float rules for companies planning IPOs

The Finance Ministry has amended rules for minimum public offers floated by companies for getting listed on stock exchanges and linked it with post-issue capital. The Securities Contracts (Regulation) Amendment Rules, 2026, notified on March 13, states that companies with post-issue capital of more than Rs 1,600 crore and below Rs 5,000 crore will have to increase their public shareholding to at least 25 per cent within three years from the day of listing in the manner specified by the Securities and Exchange Board of India (Sebi). The rules further state that at least 2.5 per cent of each class of securities must be offered to the public at the time of listing, irrespective of the post-issue threshold. It also said that a company with post-issue capital of up to Rs 1,600 crore, at least 25 per cent of each class of equity shares or debentures convertible into equity shares issued by the company must be offered to the public. If the post-issue capital is more than Rs 1,600 crore, bu

Basmati rice exporter Amir Chand to launch ₹440 cr IPO on March 24

Basmati rice exporter Amir Chand Jagdish Kumar(Exports) Ltd is set to launch its Rs 440 crore initial public offering (IPO) on March 24. The public issue will close on March 27, while the anchor investor bidding is scheduled to take place on March 23, according to the red herring prospectus (RHP). The Haryana-based company's proposed IPO will comprise a fresh issue of equity shares entirely, with no offer-for-sale (OFS) component. The company plans to utilise the net proceeds from the issue to fund its working capital requirements and for general corporate purposes. The Securities and Exchange Board of India (Sebi) granted its approval to the IPO in October 2025. The offer size has been reduced to Rs 440 crore compared to the Rs 550 crore issue size proposed in the Draft Red Herring Prospectus (DRHP) filed in June 2025. Ahead of the public issue, the company raised Rs 13 crore in a pre-IPO round by allotting 7.55 lakh shares at Rs 172 per share. Amir Chand Jagdish Kumar (Exports

Sebi tightens rules on intraday MF borrowings; Innovision IPO sees 30% bids

Sebi has tightened rules on intraday borrowing by mutual funds from April 2026, while the Innovision IPO struggles for demand and Raajmarg InvIT sees strong investor interest

Sebi chief urges stricter valuation rigour for AIFs as IPO exits rise

Pandey calls for disciplined practices, ESG integration, and long-term capital deployment

Raajmarg Infra InvIT IPO to open March 11; anchor portion domestically

State-owned National Highways Authority of India-sponsored Raajmarg Infra Investment Trust (RIIT) on Monday said the anchor portion of its upcoming IPO will be allocated to only domestic investors. The anchor book will open for subscription on March 10. "We are in advanced discussions with anchor investors regarding the investment. The anchor portion will be allocated to domestic investors," NHAI Chairman Sathosh Kumar Yadav told reporters here ahead of its Rs 6,000-crore initial public offering. Of the issue size, over Rs 1,700 crore will be allocated to anchor investors. Raajmarg Infra Investment Trust's maiden public offering will open on March 11 and close on March 13. This will be the first time, NHAI is opening its asset monetisation programme to retail investors. The InvIT's IPO price has been fixed between Rs 99 and Rs 100 per unit. The initiative marks an important step in broadening public participation in the National Highway infrastructure growth story. The public I

Omnitech falls 10% on trading debut; Innovision IPO to open on March 10

Omnitech Engineering shares fall on debut, Linde India shareholders reject RPT proposal, Wealth Company launches smallcap fund, Innovision IPO to open March 10

Shree Ram Twistex IPO listing: Shares debut at 35% discount on NSE

Shree Ram Twistex IPO listing: On the National Stock Exchange (NSE), Shree Ram Twistex debuted at ₹68, representing a discount of ₹36 or 34.62 per cent against its issue price of ₹104

IIFCL gets Cabinet approval for IPO, MD says listing likely in FY27

State-owned India Infrastructure Finance Company has received the necessary approvals to proceed with its proposed initial public offer, with the Cabinet Committee on Economic Affairs clearing its listing on stock exchanges, the company's top official has said. The approval has already been conveyed by the Department of Investment and Public Asset Management (DIPAM) to the company, IIFCL's newly appointed MD Rohit Rishi told PTI. "IIFCL (India Infrastructure Finance Company Ltd) is in the process of submitting the requisite details to the government to facilitate finalisation of the modalities, which is expected to materialise in the next financial year," he said. The Budget 2026-27 provides emphasis on disinvestment and asset monetisation. The proposed initial public offer (IPO) forms part of the government's broader disinvestment and capital market listing strategy for public sector entities. Currently, IIFCL is 100 per cent owned by the central government. Established in 2006, i

IIFCL gets Cabinet approval for IPO, MD says listing likely in FY27

State-owned India Infrastructure Finance Company has received the necessary approvals to proceed with its proposed initial public offer, with the Cabinet Committee on Economic Affairs clearing its listing on stock exchanges, the company's top official has said. The approval has already been conveyed by the Department of Investment and Public Asset Management (DIPAM) to the company, IIFCL's newly appointed MD Rohit Rishi told PTI. "IIFCL (India Infrastructure Finance Company Ltd) is in the process of submitting the requisite details to the government to facilitate finalisation of the modalities, which is expected to materialise in the next financial year," he said. The Budget 2026-27 provides emphasis on disinvestment and asset monetisation. The proposed initial public offer (IPO) forms part of the government's broader disinvestment and capital market listing strategy for public sector entities. Currently, IIFCL is 100 per cent owned by the central government. Established in 2006, i

ASK Asset & Wealth gets Sebi approval to launch mutual fund business

ASK enters mutual funds with Sebi nod as IPO momentum builds, led by GIFT City's first listing, CleanMax's ₹3,100 crore issue, and Gaudium IVF's market debut