Page 6 - Initial Public Offerings

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

Cloud kitchens operator Curefoods files IPO papers; aims to raise Rs 800-cr

Cloud kitchens operator Curefoods India on Sunday filed preliminary papers with markets regulator Sebi seeking its approval to raise funds through an initial public offering (IPO). The proposed IPO is a combination of fresh issuance of shares worth Rs 800 crore, and an offer-for-sale of 4.85 crore equity shares by existing shareholders, according to the draft red herring prospectus (DRHP). As part of the OFS, Curefit Healthcare, Iron Pillar PCC, Crimson Winter, Accel India V, Chiratae Ventures India Fund IV, Global eCommerce Consolidation Fund and Alteria Capital Fund will be offloading shares. The Bengaluru-based Curefoods India, which operates CakeZone and Nomad Pizza, plans to mobilise up to Rs 160 crore in pre-IPO round. If it completes the pre-IPO placement, then the size of the fresh issue will be reduced accordingly. Proceeds from the IPO to the tune of Rs 152.54 crore will be allocated towards expansion and equipment, including Rs 126.32 crore for setting up new Krispy Kre

Meesho gets shareholders' approval to raise Rs 4,250 cr through IPO

SoftBank-backed Meesho has received shareholders' approval to raise up to Rs 4,250 crore through an initial public offering, according to the company's regulatory filing. The resolution for IPO was passed in the Extraordinary General Meeting on June 25, the filing by the e-commerce company said. According to the filing dated June 27, the shareholders approved raising up to Rs 4,250 crore through issuance of fresh equities. The development comes after Meesho completed its domicile shift to India from the US. The shareholders also approved a change in designation of Meesho Co-Founder and CEO Vidit Aatrey as chairman and managing director of the company.

Pine Labs CEO Amrish Rau may net ₹1,000 crore as firm files for IPO

Pine Labs' DRHP shows CEO Amrish Rau's net worth may cross ₹1,000 crore as he sells shares via OFS, alongside Peak XV, PayPal, Mastercard and other investors

Negative debut: Arisinfra Solutions lists at 8% discount on NSE, 6% on BSE

Arisinfra Solutions shares listed at ₹209.10 per share on the BSE and at ₹205 per share on the NSE, against the IPO issue price of ₹222 per share

A stream of IPOs lined up, yet grey market premium barely ripples

Five listings seek ₹15,601 crore, but only one is making any serious waves

LG Electronics considers reviving IPO of Indian unit by September

The South Korean company is planning to refile its preliminary prospectus with updated financial results after the summer, with the IPO potentially taking place as early as the fourth quarter

Sebi unveils settlement scheme for NSEL brokers facing regulatory action

Markets regulator Sebi on Wednesday announced the introduction of a settlement scheme for certain stock brokers, who traded on the National Spot Exchange Ltd (NSEL) platform. This long-awaited move is expected to bring major relief to traders whose funds have been stuck since the NSEL payment crisis in July 2013. In a press release after its board meeting, Sebi said the scheme is for those stock brokers against whom enforcement actions have been initiated by the regulator. By opting for the scheme, these brokers will have an opportunity to resolve pending proceedings and bring them to an expedited conclusion. The Sebi board also cleared significant reforms to boost investment activity through Alternative Investment Funds (AIFs). It approved a proposal to allow Category I and II AIFs to offer co-investment schemes under the AIF regulations. This will further facilitate AIFs and investors to co-invest and support capital formation in unlisted companies through AIFs. Under the newly

Impact on biz no valid reason to set aside injunction: HC on trademark row

Delhi HC dismisses tech firm's plea claiming injunction, that restrained it from using the trademark "Newgen", hampers operations and IPO plans

Aten Papers & Foam IPO Day 1: Check subscription, GMP, listing date, more

Aten Papers & Foam IPO is a book building of ₹31.68 crore. The issue is entirely a fresh issue of 3.3 million shares.

Suzlon promoters sell 1.45% stake; Lalithaa Jewellery files for IPO

Wipro shares worth ₹5,058 crore got traded among the promoter group entities under the block deal window on Monday

Aegis Vopak IPO sees 26% subscription on Day 1; QIBs lead with 39%

The initial public offer of Aegis Vopak Terminals, a subsidiary of Aegis Logistics Ltd, received a 26 per cent subscription on Monday, the first day of bidding. The initial share sale received bids for 1,77,71,355 shares against 6,90,58,296 shares on offer, according to NSE data. The portion for Qualified Institutional Buyers (QIBs) fetched 39 per cent subscription while the category for Retail Individual Investors (RIIs) got subscribed 19 per cent. Non-institutional investors part received a 3 per cent subscription. Aegis Vopak Terminals has raised Rs 1,260 crore from anchor investors. The issue, with a price band of Rs 223 to Rs 235 per share, will conclude on May 28. The company is valued at around Rs 26,000 crore at the upper end of the price band. The IPO is entirely a fresh issue of equity shares worth Rs 2,800 crore with no offer-for-sale (OFS) component, according to the red herring prospectus (RHP). Proceeds worth Rs 2,016 crore will be used for payment of debt, Rs 671.

Domicile shift key to aligning with India's economy, rules: Flipkart CEO

Flipkart CEO Kalyan Krishnamurthy highlights growth, AI investment, IPO plans, and the company's legal domicile shift to India to better align with the country's economy and regulations

NTPC Q4 results: Profit rises nearly 22% to Rs 7,897 cr, declares dividend

State-run NTPC reports 22% rise in Q4 profit to ₹7,897 cr; FY25 net up at ₹23,953 cr. The company's performance for the full financial year 2024-25 reflected continued growth

PSIT files Rs 472 crore IPO for PropShare Titania, its second SM Reit

The IPO proceeds will fund acquisition of 4.4 lakh sq ft grade A+ office asset in Mumbai fully leased to blue-chip tenants with projected 9 per cent yield till FY28

Sebi approves IPOs of Veritas Finance, Laxmi India Finance, 3 others

Veritas Finance, a non-deposit taking non-banking financial company (NBFC), plans to raise funds through a public offer comprising a fresh issue of ₹600 crore