The Temasek Holdings Pte.-backed renewable energy company plans to submit draft documents as early as this month
The primary market is set for another busy week, with six companies, including Blackstone-backed Horizon Industrial Parks and Lalithaa Jewellery Mart, set to raise nearly Rs 5,600 crore collectively through initial public offerings (IPOs). The upcoming issues follow the launch of five IPOs in the past week, while three companies had already tapped the market earlier this month. Horizon Industrial Parks will kick off the week on August 17 with its Rs 2,600-crore IPO, followed by jewellery retailer Lalithaa Jewellery Mart's Rs 1,700-crore issue on the same day. Shankesh Jewellers and film and television producer Sunshine Pictures will open their IPOs on August 18, worth Rs 367 crore and Rs 282 crore, respectively. Gaja Alternative Asset Management, which operates under the Gaja Capital brand, will launch its Rs 550-crore IPO on August 19, while Tempsens Instruments (India) will open its issue on August 20. Together, the six companies are looking to raise around Rs 5,600 crore throug
Zetwerk's IPO also comprises an offer for sale of 96.8 million shares by existing investors
The Bengaluru-based company, which confidentially filed for an IPO in March, may submit updated paperwork this week and is likely to begin investor meetings this month
Strong industry outlook, robust order book and customer base, along with scope for improved profitability, make analysts bullish on Behari Lal Engineering IPO.
The proposed offer includes a ₹450 crore fresh issue and ₹300 crore OFS, with most fresh proceeds earmarked for acquiring two warehousing assets
The managed workspace provider's IPO will also include an OFS of up to 65.48 million shares, with proceeds earmarked for debt repayment, acquisitions and corporate purposes
Together, the five companies are looking to raise around ₹7,443 crore through the public issues, making it a busy week for the primary market
Singapore state investor Temasek's unit bought a 5.16% stake via deals in April - ₹357 crore in shares and convertible preference shares issued by the company
Infrastructure company Technocraft Ventures Ltd on Monday said it will launch its initial public offering (IPO) on August 7 to raise Rs 252-crore through a combination of a fresh issue and an offer for sale. In a statement, the Noida-based company said it has fixed a price band of Rs 200-212 per share for its maiden public offering, which will conclude on August 11. Bidding for anchor investors will open for a day on August 6. The IPO comprises a fresh issue of up to 95.05 lakh equity shares and an offer for sale (OFS) of up to 23.76 lakh shares by promoter selling shareholder Kartikey Constructions. At the upper end of the price band, the total issue size works out to about Rs 251.88 crore. Of the fresh issue proceeds, Rs 150 crore will be used to fund the company's working capital requirements, while the remaining amount will be utilised for general corporate purposes and offer-related expenses. As of July 15, 2026, the company's order book stood at Rs 1,320.73 crore, comprising
Battery Smart, a battery-swapping network for electric two- and three-wheelers, is likely to file draft papers with Sebi in September or October as it looks to tap the capital markets through an initial public offering (IPO), people familiar with the matter said. The company has appointed SBI Capital Markets as the lead merchant banker for the proposed public issue, they said. "The filing of draft papers with Sebi is likely to take place around September or October, using FY26 and June quarter financials, which will remain valid till December 2026," one of the people cited above said. According to the people familiar with the development, Battery Smart is targeting annual growth of 70-80 per cent over the next three to five years, driven by deeper penetration in existing cities and expansion into new markets. Backed by investors, including Tiger Global, Blume Ventures, LeapFrog Investments, and Ecosystem Integrity Fund, the company achieved operational break-even in FY26 while ...
The firm will sell shares in a price band of ₹151-₹159 apiece
Companies have raised about $5.78 billion through public offerings so far in 2026, compared with $7.32 billion in the year-earlier period, according to data
Organised gold jewellery manufacturer and wholesale distributor Master Chains N Jewels Ltd 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 worth up to Rs 400 crore and an Offer for Sale (OFS) of up to 59.06 lakh equity shares by promoter Taruna Madan Kothari, according to the draft red herring prospectus (DRHP) filed on Saturday. The proceeds from the fresh issue will be utilised towards funding the company's working capital requirements and for general corporate purposes. Master Chains N Jewels is engaged in the designing, manufacturing, job-work services and sale of a wide range of gold jewellery, including lightweight jewellery. It caters to customers across India through its wholesale distribution network and manufacturing capabilities. As of June 30, 2026, the company had a design database of around 80,666 jewellery designs. It operates two ...
Three IPOs hit Dalal Street today - Indo-MIM, Lohia Corp and Xtranet Technologies. Check which IPO leads the GMP race along with issue details, brokerage views, and other key details.
Indo-MIM IPO: As investors await the opening of the subscription window, here are the key details of the Indo-MIM IPO
At the upper end of ₹152, the company seeks to raise ₹5,000 crore through the public issue, which comprises an entirely offer-for-sale (OFS) issue of 328.9 million equity shares
Caliber Mining IPO comprises a fresh issue of 9.4 million shares aggregating ₹400 crore and an offer for sale (OFS) of 1.2 million shares worth ₹50 crore
Ahead of the listing, the company's unlisted shares were trading at ₹678 apiece in the grey market, indicating a premium of ₹104 per share, or 18.12 per cent, over the IPO issue price of ₹574
The primary market will remain active next week, with four public issues, including the InvIT of Cube Highways Trust and the initial public offerings (IPOs) of Indo MIM, Lohia Corp and Xtranet Technologies, set to open for subscription. Cube Highways Trust will open its Rs 5,000-crore InvIT public issue on July 22 and close on July 24. The price band has been fixed at Rs 151-152 per unit, while anchor investor bidding will take place on July 21. The issue is a 100 per cent book-built offer for sale by existing unitholders as the trust transitions from a privately listed InvIT to a publicly listed platform. Ahead of the public issue, Cube Highways Trust raised Rs 1,250 crore from strategic investors through unit subscription agreements. The IPOs of Indo MIM, Lohia Corp and Xtranet Technologies will open on July 23 and close on July 27. Anchor investor bidding for the three mainboard issues are slated for July 22. Precision engineering components maker Indo MIM's IPO comprises a fre