Page 2 - Initial Public Offerings

Fintech firm Moneyview seeks $624 million valuation in trimmed India IPO

Moneyview, formerly known as Whizdm ‌Innovations, provides users a suite of financial products through a network of banks, non-bank lenders, insurers, and other financial institutions

Liqvd Digital India issue to open on Sep 23, price band fixed at ₹51-54

Digital marketing solutions provider Liqvd Digital India Ltd on Sunday said its Rs 39-crore initial public offering (IPO) will open for subscription on September 23. The company has fixed a price band of Rs 51-54 per equity share, according to a statement. The three-day issue will conclude on September 25, and shares are proposed to be listed on the BSE SME platform. The Rs 39-crore IPO comprises a fresh issue of Rs 34.14 crore and an offer-for-sale of 9.02 lakh equity shares, worth Rs 4.87 crore at the upper end, by promoter Arnab Mitra. Of the fresh issue proceeds, Rs 9 crore will be used to fund the acquisition of a 23.21 per cent stake in AdLift Marketing Pvt Ltd, while Rs 10.59 crore will be utilised for setting up a full-scale video content production hub. Another Rs 6.57 crore will go towards incremental working capital requirements, with the remaining funds earmarked for acquisitions and general corporate purposes. Liqvd Digital India reported consolidated revenue from ..

6 companies line up IPOs worth ₹3,825 cr amid brisk primary market activity

Six mainboard companies, including Elevate Campuses and Varmora Granito, are set to tap the primary market next week, seeking to raise a combined Rs 3,825 crore through initial public offerings (IPOs), as fundraising activity continues at a brisk pace in 2026. Alongside these two issues, Bengaluru-based A-One Steels India Ltd, ArMee Infotech Ltd, Swastika Infra and Adroit Industries (India) Ltd will also launch their public offerings, taking the total number of IPOs scheduled for the week to six. The IPOs will be available for public subscription between September 22 and September 28, with most of the issues opening on September 23. The funds raised through the fresh issues will largely be utilised for business expansion, capital expenditure, debt repayment, working capital requirements and other general corporate purposes. The upcoming IPO activity follows a busy start to September, with 17 IPOs already concluded. The mega issue of the National Stock Exchange (NSE) and textile mak

NSE IPO draws 'unexpectedly large' demand, anchor book tops ₹6,000 cr: CEO

NSE's Ashishkumar Chauhan said demand for the IPO significantly exceeded shares available, while the anchor book was reduced from about ₹9,000 crore to over ₹6,000 crore

Anthropic picks Nasdaq for much-anticipated IPO, eyes listing in October

The Claude chatbot maker is seeking to raise as much as or more than SpaceX in an IPO that could take place as soon as October

Agri-inputs maker SML weighing IPO in 2-3 yrs to fund new chemical entities

Agri-inputs maker SML Ltd, formerly known as Sulphur India Limited, is evaluating a stock market listing within the next two to three years as it looks to fund the development of new chemical entities (NCEs), Managing Director Bimal Shah said. "We have not completely decided - we are also evaluating it," Shah said in an interview to PTI, adding that the debt-free company expects greater clarity on the timeline within the next one to two years. Mumbai-based SML Ltd said it is among a handful of Indian companies developing NCEs - proprietary new molecules rather than generic formulations - with one new molecule expected to reach the market soon and others in the pipeline. "We are working on NCEs, new chemical entity in the last three years. We have a new molecule coming up very soon. ... NCE is a very important focus for us. Of course, this requires a lot of investment," he said. Bringing a single NCE to market can cost USD 70 million-USD 80 million, Shah said, and the company has so

IPO action intensifies as 11 companies set to raise ₹7,055 cr next week

The primary market is poised for another action-packed week, with 11 main-board companies, including Rentomojo, Karamtara Engineering and Kanohar Electricals, set to raise Rs 7,055 crore through initial public offerings (IPOs). The IPOs are scheduled to hit the market between September 7 and September 15, with most of the issues opening for subscription on Tuesday and Wednesday. "This multi-issue rush reflects an eagerness to lock in early-stage growth equity in young companies as all these companies are below USD 1 billion market cap at listing," Rajkumar Rathi, Chief Investment Officer at YES Securities, said. The companies tapping the primary market include real estate developers, engineering and manufacturing firms, a payments and identity solutions provider, a specialty chemicals manufacturer and an online rental platform. Of Rs 7,055 crore, Rs 2,722 crore (39 per cent) is primary capital issuance, where funds go into the company, and Rs 4,333 crore (61 per cent) is a secondar

September IPO pipeline set to eclipse July's record fundraising milestone

Market participants attribute the primary market's momentum to the Sebi's regulatory nod for the National Stock Exchange's public issue, laying the groundwork for a mega-listing.

Sembcorp Green Infra files DRHP for ₹3,750 crore fresh-issue IPO

The renewable power producer plans to use the proceeds largely to repay borrowings, while expanding its RTC, FDRE and storage-linked renewable energy portfolio

SME IPOs: Sebi mulls regulatory reset; will this boost investor confidence?

MSMEs and SMEs account for nearly one-third of GDP, but they represent just 0.2 per cent of the country's overall equity market cap.

NSE, PhonePe to lead IPO wave as 239 firms line up to list, say analysts

According to Prime Database data, 21 IPOs are opening in August, up from 12 in July. This marks a sharp spike from the first half of the year.

Skyways Air Services IPO review: Can it add wings to your portfolio?

Skyways Air Services IPO review: Analysts have shared a constructive view, with Swastika and Ventura recommending a 'Subscribe' rating, while SBI Securities has maintained a 'Neutral' stance.

MSM Unify appoints Rishi Kapoor as CFO ahead of potential FY28 IPO

MSM Unify, the global platform connecting students, recruitment partners, and universities across markets on six continents, on Monday announced the appointment of Rishi Kapoor as Chief Financial Officer. The appointment comes as the company advances its plans for a potential Initial Public Offering (IPO) on Indian stock exchanges, paired with an international listing, targeted for fiscal year 2028. In his new role, Kapoor will oversee financial strategy, fundraising, investor relations, and financial operations across MSM Unify's global markets, including North America, Europe, MENA (Middle East and North Africa), India, Africa, and Australia. He will also lead the company's IPO readiness in India and its broader dual-listing strategy across Indian and international markets. Kapoor brings more than two decades of finance leadership experience across edtech, IT, pharmaceuticals, and supply chain businesses. Over the course of his career, he has led the raising of more than USD 135

Priority Jewels sets IPO price band at ₹190-200, issue to open on Aug 28

Priority Jewels Ltd is gearing up to launch its Initial Public Offering (IPO) on August 28, with a price band of Rs 190-200 per share. The three-day public issue will close on September 1, while bidding by anchor investors will take place on August 27, according to an announcement by the company. The IPO comprises a fresh issue of up to 45.75 lakh equity shares, aggregating to Rs 86.93 crore at the lower end and Rs 91.50 crore at the upper end of the price band. At the upper price band, the post-issue implied market capitalisation of the company is estimated at around Rs 360 crore. Proceeds from the public issue will be used for debt payment and general corporate purposes. Incorporated in 2007, Priority Jewels is involved in the designing, manufacturing and sale of a variety of lightweight, diamond-studded gold and platinum jewellery. Qualified institutional buyers (QIBs) have been allocated 50 per cent of the offer, while 15 per cent has been reserved for Non-Institutional Inve

Rays of Belief's IPO to open on Sep 1, price band set at ₹227-239

Rays of Belief Ltd, which operates under the Mom's Belief brand, is set to launch its Initial Public Offering (IPO) on September 1, with a price band of Rs 227-239 per share. The post-issue implied market capitalisation of the company is estimated at Rs 474-500 crore, based on the price band. The three-day public issue will close on September 3, while bidding by anchor investors will take place on August 31, according to the company's announcement on Monday. The IPO comprises a fresh issue of up to 52.30 lakh equity shares worth Rs 125 crore at the upper end of the price band. The issue proceeds will be used to fund the company's expansion plans, including setting up 319 new centres between fiscal 2027 and fiscal 2029. Also, funds will be allocated towards capital expenditure, including centre fit-outs, therapy-material inventory and technology hardware. Rays of Belief is a for-profit social enterprise providing personalised intervention plans for children with neurodevelopmental

Pride Hotels steps up expansion, plans ₹1,000-cr IPO by December

Pride Hotels is looking to launch its initial public offering (IPO) by December, with the issue size expected to be around Rs 1,000 crore, as the hospitality chain accelerates expansion across leisure, wedding and corporate events and pilgrimage destinations, CEO Satyen Jain said. "We have opened nine hotels in the last 12 months. This is the ninth in Indore," Jain said in an interaction with PTI. The expansion has taken Pride Hotels' portfolio to 40 properties, including eight owned hotels and 32 managed properties. The company has also signed contracts for another 32 hotels, which are expected to open over the next one-and-a-half to two years, taking its portfolio to about 72 properties. "Our focus is on four segments -- going deep in the markets where we are already present, targeting large wedding and MICE (Meeting, Incentive, Conference and Exhibition) hotels, entering new leisure destinations and expanding in pilgrimage," Jain said. Among these, pilgrimage destinations are ..

Anthropic set to add Citigroup to top IPO banks ahead of mega-listing

The bank would join rivals Morgan Stanley, Goldman Sachs Group Inc. and JPMorgan Chase & Co. in the top ranks of advisers on the upcoming deal

Tiger Global-backed Upstox begins talks for potential $400 million IPO

Discussions are at an early stage and details including the size and timing of the offering, could still change

Sebi reviewing small-company IPO, delisting rules: Chairman Tuhin Kanta

Sebi is also looking to support global fund management activity from India, Pandey said

NSE seeking valuation of as much as ₹5.26 trillion in planned IPO

At a $55 bn valuation, NSE's sale of 6% stake on offer could raise about ₹315 billion, surpassing the ₹278.7 billion raised by Hyundai Motor's Indian unit in 2024, the country's largest IPO to date