Initial Public Offerings

One-time relief: Sebi extends IPO timelines, eases public float rules

IPO-bound companies have been granted a six-month extension to the validity of approvals from the market regulator

SpaceX targets record IPO with massive retail allocation, June roadshow

SpaceX plans $75 billion raise at up to $1.75 trillion valuation, with retail investors set to take an unprecedented share

IPO-bound Pride Hotels eyes premiumisation amid strong travel demand

Pride Hotels plans expansion across metros and pilgrimage hubs, eyes IPO launch as domestic travel demand surges and new luxury brand Pride Lux is introduced

Manasum Senior Living plans ₹200 crore fundraise, 2028 IPO target

Senior living for professionals coming up in GIFT City, Ahd

Intellius Recode files draft IPO papers with Sebi, plans to raise ₹117 cr

Intellius Recode Ltd has filed preliminary papers with the markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares aggregating Rs 117 crore and an offer for sale (OFS) of up to 12.9 lakh equity shares by existing shareholders, according to the draft red herring prospectus (DRHP). The company intends to utilise the net proceeds from the fresh issue towards funding the development of its digital workers, payment of sub-contracting fees related to their development, and for general corporate purposes. Intellius Recode is a technology solutions provider focused on enabling digital transformation for enterprise clients. It offers services across technology consulting and artificial intelligence-led solutions, including its proprietary "Agentic AI"-based digital workers. Its technology consulting vertical includes services like data and analytics, enterprise robotic process automation, integration, developm

Rentomojo files draft papers with Sebi for IPO; plans Rs 150-cr fresh issue

Rentomojo Ltd, an online rental and subscription platform for home furniture and appliances, 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 150 crore and an offer-for-sale (OFS) of up to 2,83,99,567 equity shares by existing shareholders, according to the Draft Red Herring Prospectus (DRHP) filed on Friday. The company proposes to utilise the proceeds from the fresh issue towards payment of debt, lease rentals or licence fees for its warehouses and experience stores, and for general corporate purposes. Founded by Geetansh Bamania, the company operates a technology-driven, full-stack direct-to-consumer (D2C) platform offering rental and subscription services for furniture and home appliances across India. Rentomojo is the largest player in the organised online rental segment for furniture and appliances, with an estimated market sh

Flipkart sets bonus multiplier at 105% as it signals steady performance

Walmart-backed e-commerce firm cites progress across key metrics and journey toward sustainable profitability as it prepares for a potential IPO

Par panel recommends IPO route for profitable RRBs to raise capital

The government should consider launching public offerings of highly profitable Regional Rural Banks (RRBs) to attract market capital and promote stronger corporate governance standards, a Parliamentary panel has said in its report. Standing Committee on Finance, headed by senior BJP leader Bhartruhari Mahtab noted the successful completion of the structural consolidation of RRBs, reducing their number from 43 to 28 highly viable entities across 11 states, eliminating the need for further capital infusion in 2026-27. RRBs have achieved a historic consolidated net profit of Rs 7,720 crore in just the first nine months of FY 2025-26, driving gross NPAs down to a 13-year low of 5.4 per cent, though vulnerabilities remain, particularly the 13.8 per cent GNPA in priority sector education loans. The panel recommend that RRBs actively mitigate these specific sectoral risks by fully leveraging their inclusion in the Credit Guarantee Fund Scheme for Education Loans (CGFSEL) and aggressively .

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

Sedemac Mechatronics surges 7.4% on trading debut amid weak markets

Sedemac Mechatronics shares debuted 7.4% higher on listing, while Walmart-backed Flipkart is preparing to invite banks to pitch for work on its potential IPO

Gaudium IVF and Women Health gains 2%; Omnitech subscribed 1.14 times

Gaudium IVF gained nearly 2% on debut, Omnitech IPO saw muted demand, while oil prices hit seven-month highs amid uncertainty over extended US-Iran talks

Sebi clears 4 public offer proposals; Gaudium IVF IPO booked 88% on Day 1

Omnitech Engineering will open its ₹583 crore initial public offering (IPO) for subscription on February 25 and conclude on February 27

MSEDCL plans year-end IPO, to hive off agricultural load into new firm

Maharashtra discom to separate agri load, shift it to solar DRE projects and clean up its balance sheet before launching an IPO targeting up to 10% government stake dilution

JM Financial AIF launches pre-IPO fund; Gaudium IVF gets ₹9.5 crore

JM Asset Management enters pre-IPO investing with a ₹1,500-crore AIF as LIC Mutual Fund rolls out a tech fund and Gaudium IVF raises anchor capital

CleanMax's ₹3,100 crore IPO to open on Feb 23, price band set

Clean Max Enviro Energy Solutions, a commercial and industrial (C&I) renewable energy provider, on Tuesday said its Rs 3,100-crore initial public offering will open for subscription on February 23. The company has fixed a price band of Rs 1,000-1,053 per share, valuing it at Rs 12,325 crore at the upper end. The company's IPO will conclude on February 25, while the bidding for anchor investors will take place on February 20. The proposed IPO comprises a fresh issue of shares worth up to Rs 1,200 crore and an offer-for-sale (OFS) of shares valued Rs 1,900 crore by promoters and an investor shareholder, Clean Max said in a statement. The IPO size has been reduced from Rs 5,200 crore planned earlier according to the preliminary papers filed in August 2025. The OFS consists of offloading of shares by founder Kuldeep Pratap Jain, BGTF One Holdings (DIFC) Ltd, KEMPINC LLP, Augment India I Holdings, LLC, and DSDG Holdings APS. Proceeds from the fresh issue amounting to Rs 1,125 crore .

HDFC Flexicap joins ₹1 trn AUM club; NSE unique investor count tops 250 mn

HDFC Flexicap Fund enters the ₹1 trillion AUM club, becoming only the third active mutual fund scheme in India to cross the milestone

PNGS Reva Diamond Jewellery IPO opens Feb 24: Check price band, size, dates

PNGS Reva Diamond Jewellery IPO, which opens on Feb 24, 2026, has set a price band of ₹367-386. Read to find out IPO lot size, issue size, likely listing date and objectives

One-year special window for transfer of old shares; Sebi approves 7 IPOs

Sebi opens a one-year window to help investors transfer and dematerialise legacy physical shares, while also clearing seven companies to proceed with their IPO plans

Pride Hotels secures Sebi's approval to raise ₹1,000 crore via IPO

The offer comprises a fresh issue of equity shares aggregating up to Rs 260 crore and an offer for sale of up to 3.92 crore equity shares with a face value of Rs 5 each

Offer for sale-heavy market listings unlock fresh money for luxury realty

Founders, Esop holders emerge as a younger cohort of high-end buyers