Page 4 - Initial Public Offerings

Street Signs: Phantom trader returns, compliance burden on fund managers

A new institutional mechanism to check market abuse is expected to relax certain compliance rules for fund managers starting next month

Lenskart gets shareholder approval for $250 million IPO fundraise

"The company got approval for the $250 million IPO fundraise. The offer for sale (OFS) would be decided later," said a person familiar with the matter

NSDL to launch ₹4,000-crore IPO on July 30; bidding ends August 1

National Securities Depository Ltd (NSDL) is set to launch its Initial Public Offering (IPO) on July 30, with the issue size pegged at around Rs 4,000 crore. The depository's maiden public issue will conclude on August 1. The one-day bidding for anchor investors is scheduled to open on July 29, according to the Red Herring Prospectus (RHP). The IPO only consists of Offer For Sale (OFS) component of 5.01 crore shares and those selling shares under this are -- the National Stock Exchange of India (NSE), State Bank of India (SBI), HDFC Bank, IDBI Bank, Union Bank of India and Administrator of Specified Undertaking of the Unit Trust of India (SUUTI). Since the public issue is entirely an OFS, NSDL will not receive any proceeds from the IPO. Market sources have pegged the IPO size to around Rs 4,000 crore. This upcoming listing will make NSDL the country's second publicly traded depository after Central Depository Services (CDSL), which was listed on the NSE in 2017. The listing of NS

Lotus Developers IPO to open on July 30; price band set at Rs 140-150

Sri Lotus Developers announces a Rs 792 crore IPO with a price band of Rs 140-150, opening on July 30 and closing on August 1

NSE investor base rises 4 times amid IPO hopes and market anticipation

Exchange's public shareholder numbers surged to 157,000 in Jun

Brigade Hotel Ventures IPO opens today; GMP up 9%; should you subscribe?

At the upper end, the company seeks to raise ₹759.60 crore from the public issue, which comprises an entirely fresh issue of 84.4 million equity shares

Savy Infra sets SME IPO price band at ₹114-120/share, issue to open Jul 21

Gandhinagar-based EPC player Savy Infra & Logistics on Sunday said it has fixed the price band at Rs 114-120 per equity share for its Rs 70 crore initial public offer, which will open for public subscription on July 21. The initial public offering (IPO) will conclude on July 23, and the company's shares will be listed on the NSE Emerge, Savy Infra & Logistics said in a statement. The IPO is entirely a fresh issue of up to 58.32 lakh equity shares. The net proceeds from the public issue worth Rs 49 crore will be utilised for funding working capital requirements and a balance for general corporate purposes. "The capital raised will support our working capital needs and enable us to scale both the EPC and logistics divisions efficiently," Savy Infra & Logistics Chairman and MD Tilak Mundhra said. Savy Infra and Logistics is engaged in the business of engineering, procurement, and construction (EPC) and logistics, with a focus on infrastructure projects. The company also ...

PhysicsWallah appoints first chief marketing officer ahead of IPO

Satish Sharma joins as CMO with 20 years of experience as PhysicsWallah prepares for IPO; he will lead marketing strategy and brand positioning amid expansion efforts

INOX Clean Energy files confidential draft papers, eyes ₹6,000 cr IPO

INOX Clean Energy has confidentially filed draft papers with markets regulator Sebi to raise Rs 6,000 crore through an Initial Public Offering (IPO), according to industry sources familiar with the development. This could potentially become the largest Indian IPO in the clean energy and renewables sector. With a proposed equity dilution of over 10 per cent, the company is targeting a market capitalisation of around Rs 50,000 crore, they added. In a public announcement on Friday, INOX Clean Energy, a part of the USD 12 billion INOXGFL Group, stated that it has submitted "the pre-filed draft red herring prospectus with Sebi and the stock exchanges, in relation to the proposed initial public offering of its equity shares on the main board of the stock exchanges." Industry sources familiar with the development said that a major portion of the public offer will comprise a fresh issue, with the proceeds earmarked for setting up new facilities in solar and Independent Power Producers ...

Meta Infotech shares list at 40% premium on BSE SME, beat IPO GMP estimate

Meta Infotech shares listed at ₹225 per share, reflecting a premium of ₹64 or 39.75 per cent over the IPO issue price of ₹161

JM Financial sees Indian IPOs adding $3 trillion market value over decade

India is poised to become the most interesting and exciting market in the world, said Vishal Kampani, vice chairman and managing director of JM Financial Ltd

Indian IPOs set to raise up to $18 billion in second-half surge: Jefferies

The surge in offerings puts India's primary market on course to extend a blockbuster 2024, when companies raised $21 billion through first-time share sales

Listing of MNCs, subsidiaries to remain a key theme for IPOs: Ranvir Davda

ECM activity has rebounded sharply over the last couple of months, with significant pickup in IPOs and block deals, says Davda

Zepto set to raise $500 mn in new funding round, valuation to touch $7 bn

Zepto's $450-500 million funding round is likely to be led by General Catalyst and Avenir, with efforts to boost Indian ownership ahead of its IPO by attracting domestic investors

Travel Food Services IPO opens for subscription; GMP up 3%; should you bid?

Travel Food Services IPO: Shares of Travel Food are scheduled to make their D-street debut on Monday, July 14, 2025

Hero Motors refiles DRHP, raises IPO size to ₹1,200-cr; key details here

Hero Motors IPO: The IPO comprises a combination of fresh issue up to ₹800 crore and an OFS up to ₹400 crore by promoters

Last day! Neetu Yoshi IPO ends today; Subscription rises 6.5x, GMP up 33%

Neetu Yoshi IPO Day 3 subscription status: The public issue has received bids for 4,47,36,000 shares against 68,32,000 shares on offer, resulting in oversubscription of around 6.55 times

Kalpataru makes flat market debut at ₹414, in-line with GMP estimates

Post listing, Kalpataru shares were trading at ₹427.9, up 3.36 per cent from the listing price at the NSE

Sillverton Industries files for IPO with Sebi, seeks to raise ₹300 crore

Eco-friendly paper manufacturer Sillverton Industries has filed draft papers with markets regulator Sebi seeking its approval to garner funds through an initial public offering (IPO). The proposed IPO is a combination of fresh issuance of shares worth Rs 300 crore, and an offer-for-sale of 3.22 crore equity shares by promoters, according to the draft red herring prospectus (DRHP) filed on Friday. Proceeds from the fresh issue to the tune of Rs 129.4 crore would be used towards capital expenditure for sustainability initiatives at the existing manufacturing facility, such as the installation of a 14 MW waste-to-energy captive power plant and a compressed bio gas plant. An additional Rs 25.25 crore will be used to enhance the rewinder and sheeter capacity and to construct in-house warehouses at the existing facility, Rs 72 crore for the payment of debt and the remaining funds for general corporate purposes. Sillverton Industries is into manufacturing and marketing of eco-friendly ..

German Green Steel files IPO papers with Sebi; seeks to raise ₹450 cr

Gujarat-based German Green Steel and Power has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering. The initial public offering (IPO) is a combination of fresh issuance of equity shares worth up to Rs 450 crore and an offer for sale of up to 20 lakh shares by promoters Inamulhaq Shamsulhaq Iraki and Abdulhaq Shamsulhaq Iraki, according to the Draft Red Herring Prospectus (DRHP) filed on Sunday. The company may consider a pre-IPO placement in consultation with the book-running lead managers before filing the red herring prospectus. If undertaken, the placement will not exceed 20 per cent of the fresh issue size. Proceeds from the fresh issue to the tune of Rs 325.21 crore will be used towards expansion of its manufacturing facility in Gujarat and setting up a hybrid wind and solar power plant while Rs 55.01 crore will be used for repayment of debt and general corporate purposes, according to the DRHP. As of May 31, 2025, the