Initial Public Offerings

Cube Highways Trust plans ₹5,000 crore IPO, eyes broader investor base

Cube Highways Trust is planning to launch its Rs 5,000-crore initial public offering, comprising entirely an offer-for-sale component, this month, as it looks to broaden its investor base and improve liquidity, people familiar with the matter said. The proposed issue is structured entirely as an offer for sale (OFS), according to the draft papers. Cube Highways Trust (Cube InvIT), which owns a portfolio of highway assets across India, had 27 operational assets spanning 8,754 lane kilometres across 12 states and one Union Territory as of March 31, 2026, with an average residual concession life of 18 years. In a message to unitholders in the FY26 annual report, its Chief Executive Officer Vinay C Sekar said the trust's strategy remains focused on disciplined acquisitions, predictable distributions, financial prudence and operational efficiency. About 85 per cent of the portfolio comprises toll road assets that benefit from traffic growth and inflation-linked toll revisions, and the .

ShareChat plans $400 million IPO after turning operationally profitable

The company, commonly known as ShareChat, has become operationally profitable in the first quarter of the year that began April 2026

Waterways Leisure IPO fully booked on Day 3; Sebi resolves 5,500 complaints

Waterways Leisure Tourism's IPO closes fully subscribed, Advit Jewels sees massive demand, while Sebi seeks clarification on Jio Platforms' public issue

Akasa Air plans IPO in next 2-4 yrs; share sale is 'question of when': CFO

Akasa Air plans to come out with its initial share sale in the next two to four years, depending on achieving various milestones, its Chief Financial Officer Ankur Goel said on Tuesday as he stressed that the airline's IPO is "not a question of if but a question of when". After taking to the skies in August 2022, the airline is slowly expanding its presence and currently flies to 34 destinations, including 7 international cities. The nearly four-year-old carrier, now, has a fleet of 39 planes and aims to have 226 aircraft by 2032. Responding to queries about the Initial Public Offering (IPO) at a briefing in the national capital, Goel said the time frame is going to be 2-4 years, depending on achieving various milestones such as being EBITDA positive, cash flow and profitability. "IPO will happen for us, it is not a question of if, it is a question of when, we are not creating an airline to do an IPO, we are creating an airline that really creates value...," he said, and also ...

Jio, NSE IPOs to test cautious retail investors amid market uncertainty

While global capital chased the AI semiconductor booms in Taipei and Seoul, tripling Korean stocks and doubling Taiwanese equities, the benchmark Indian index hasn't gone anywhere in the past 2 years

Primary drivers: Mega IPOs could boost interest in Indian markets

Jio Platforms and NSE are set to launch record-breaking IPOs, offering investors exposure to two vastly different but dominant growth stories

How robots, software and scale are powering Zepto's IPO ambitions

Ahead of a planned listing, Zepto's 23-year-old co-founder is betting that robots and software can narrow the cost of quick commerce delivery

Street signs: Meta, Google eye Jio IPO gains, NSE wins and IPOs surge

Jio's mega IPO boosts Meta and Google's bets, IPO activity heats up, while NSE gets legal relief ahead of its long-awaited market debut

Easing West Asia tensions boost IPO activity, 3 issues to open next week

The primary market is showing signs of revival as improving geopolitical conditions in West Asia have boosted investor sentiment, prompting three mainboard IPO launches next week and paving the way for more public issues in the pipeline. Cordelia Cruises operator Waterways Leisure Tourism, Jaipur-based jewellery manufacturer Advit Jewels, and IT solutions provider CSM Technologies will launch their maiden public issues over the next few days, while packaging solutions provider Knack Packaging is expected to announce its price band. Quick commerce unicorn Zepto is looking to raise over Rs 10,000 crore, and the country's largest fund house, SBI Mutual Fund, plans to launch its Rs 13,000-crore public issue next month, according to people familiar with the development. In June, CMR Green Technologies and Hexagon Nutrition have already launched their IPOs, while the public issue of insurtech unicorn Turtlemint Fintech Solutions is currently underway. Adding to the momentum, the National

NSE files for ₹30,000 crore IPO: A look at its defining milestones

As NSE moves closer to a ₹30,000 crore IPO, here's a look at the milestones that transformed it from a market reform initiative into India's leading stock exchange

NSE files draft papers for IPO nearly a decade after first listing attempt

Offer for sale of nearly 149 million shares; LIC not participating in the issue

Soaking up capital: US stock markets may create new forms of risks

SpaceX's record IPO highlights how global capital is gravitating towards US tech giants, raising concerns over funding, innovation and market depth elsewhere

Turtlemint sets ₹144-152 price band for ₹883-crore public issue

The insurance-distribution platform aims to raise ₹883 crore through a mix of fresh issue and offer for sale, valuing the company at about ₹4,513 crore

23 firms launch IPOs worth ₹27,000 cr in 2026; 236 proposals await launch

After a strong run in 2025, India's primary market witnessed a slowdown with 23 companies tapping the Initial Public Offering (IPO) route to mobilise over Rs 27,000 crore in 2026 so far, amid heightened volatility and macro uncertainty, according to a report released by Equirus Capital on Tuesday. This came following a launch of 103 maiden public issues in 2025, together raising Rs 1.76 lakh crore. This fundraising figure far exceeded the Rs 1.6 lakh crore raised by 90 firms in 2024 and the Rs 49,436 crore garnered by 57 companies in 2023. However, the IPO activity is showing signs of a major pickup as geopolitical tension eased with insurtech firm Turtlemint Fintech Solutions and Advit Jewels slated to launch their public issues this month. Further, Waterways Leisure Tourism Ltd, the operator of Cordelia Cruises, is also expected to come out with its maiden public offering this month. The public issues of insurtech firm Turtlemint Fintech Solutions and Advit Jewels are scheduled t

Nuvama gets nod for MF biz, eyes SIF foray; CMR Green shares up 29%

Nuvama gets Sebi approval to enter the mutual fund business, while CMR Green Technologies surges 29% on debut after a heavily subscribed IPO

US space, tech IPOs spark Indian investor interest amid AI market frenzy

Expected listings of OpenAI, Anthropic and SpaceX are drawing Indian investor interest, though experts warn of limited access and lofty valuations

CMR Green IPO subscribed 127x; Paras Healthcare files for ₹1,800-cr IPO

CMR Green's IPO was subscribed 127 times, boosting hopes of a primary market revival as Sebi cleared five new IPOs and Paras Healthcare filed draft papers

Anthropic expands Project Glasswing to 15 more countries, India gets access

Anthropic expanded Project Glasswing to 150 organisations across 15 countries, including India, amid growing concerns over AI-driven cyber threats

Primary market to pick up as CMR Green, Hexagon Nutrition to launch IPOs

The primary market will see some activity next week, with two companies - CMR Green Technologies and Hexagon Nutrition - slated to launch their initial public offerings (IPOs) collectively valued at nearly Rs 770 crore. As both the issues are entirely offer for sale (OFS), the companies will not receive any proceeds from the public offerings, with the entire amount going to the selling shareholders. The upcoming offerings come at a time when the primary market has witnessed subdued activity amid persistent market volatility and global uncertainties. Although several companies have received regulatory clearances in recent weeks, many have deferred their listing plans due to uncertain market conditions. So far in 2026, around 20 companies, including Fractal Analytics, Shadowfax Technologies and Bharat Coking Coal, have tapped the capital markets through main-board initial public offerings. The IPO of CMR Green Technologies, a non-ferrous metal recycler, will open for public subscript

CMR Green public offer to open on June 3; CIL retail book subscribed 1.5x

CMR Green's IPO opens June 3, Coal India's OFS sees strong retail demand, while Mahindra Manulife enters the specialised investment fund space