Ipo

Executive Centre joins growing list of flex-office players taking IPO route

The public issue comprises a fresh issue of equity shares, with proceeds to fund overseas acquisitions under an internal restructuring and meet general corporate purposes

Signs of revival: Pre-IPO fundraising improved but fell short of 2023 peak

Pre-IPO fundraising more than doubled in 2025, but shrinking pricing gaps with IPOs and faster listings led many issuers to skip such deals, bankers say

BSE rallies 7% in 2 days, nears record high; what's driving exchange stock?

BSE stock rallies on NSE IPO hopes: The National Stock Exchange (NSE) plans to file its draft prospectus for its long-awaited public listing by the end of March, according to reports.

Asia on fire: Of finance, climate, tourism, and cities in motion

IPOs falter, Jakarta tops Tokyo, tourism patterns shift, temperatures rise, and China sets solar and tech records

Techno Paints plans ₹500 cr IPO, names Sachin Tendulkar as brand ambassador

Techno Paints and Chemicals is planning to raise Rs 500 crore through an IPO in the next financial year, company sources said on Saturday. Sachin Tendulkar has been appointed as the brand ambassador of the paint manufacturer for three years, a move expected to help the company expand across the country. With the addition of the 'Master Blaster', the paint maker said in a press release, the brand aims to strengthen its national presence. "We are honoured to collaborate with one of the world's most iconic cricketers and a Bharat Ratna, Sachin Tendulkar. We are looking forward to achieving bigger and greater things this year with expansion and the IPO, and no one could have been a better ambassador or growth partner for us," said Akuri Srinivas Reddy, Chairman of Techno Paints and Chemicals. Earlier in 2023, the company had announced the appointment of film actor Mahesh Babu as its brand ambassador. He served in that role for a period of two years. The company earned revenue of Rs 21

Reliance Jio to sell 2.5% stake in IPO, aims to raise $4.5 billion

Reliance Jio Platforms plans to sell a 2.5 per cent stake in an IPO this year, potentially raising $4.5 billion, which would make it India's largest-ever public offering

Steel firms plan ₹4,000 crore IPO push as safeguard duty lifts outlook

Steel and steel-linked companies are gearing up to mobilise around Rs 4,000 crore through IPOs over the next 12-18 months, buoyed by the government's decision to impose a three-year safeguard duty on select flat steel imports, merchant bankers said. The policy intervention follows a muted year for steel IPOs in 2025, when only a few mainboard listings came to market and several issues struggled to sustain post-listing performance. The safeguard duty, effective April 21, 2025, is expected to improve near-term pricing visibility for domestic producers by raising the landed cost of imports and reducing price undercutting. According to industry insiders, the policy intervention is bound to help revive several fundraising plans that were earlier deferred amid weak equity sentiment, softer demand and sustained import pressure. "Safeguard duty is expected to improve sector visibility and pricing discipline, which can help restore investor confidence. At the same time, companies that are

Indian Gas Exchange plans ₹600-700 crore IPO launch by December 2026

Indian Gas Exchange, the country's first online delivery-based trading platform for natural gas, is likely to launch an initial public offering (IPO) by December this year, its Managing Director and CEO Rajesh Kumar Mediratta said on Wednesday. Indian Energy Exchange (IEX) holds a 47 per cent stake in IGX, and as per regulations, it has to bring it down to 25 per cent. "The IPO was supposed to happen in 2025, but we have sought a one-year extension. It is now likely before December 2026," Mediratta said. The papers for the IPO are likely to be filed before the capital market regulator Sebi in the second quarter of 2026 calendar year. "As much as 22 per cent equity shares are likely to be offered in the share sale," he said, but refused to speculate on the valuations. Brokerages last valued IGX at Rs 2,200-3,000 crore. A slight premium over the valuation would mean that the 22 per cent stake sale could be worth Rs 600-700 crore. IGX operates an electronic trading platform for natu

RSS-backed BMS demands higher social security limits from government

Currently, under the EPF, contributions are payable on a maximum wage ceiling of ₹15,000. Meanwhile, the wage ceiling for ESI is ₹21,000 per month

Turtlemint Fintech eyes ₹2,000-cr IPO; to file Sebi papers in 2 weeks

Insurtech firm Turtlemint Fintech Solutions Ltd is set to file its updated draft papers with markets regulator Sebi in the next two weeks as it prepares to launch its Rs 2,000-crore initial public offering (IPO) anywhere between March and April, people familiar with the development said on Tuesday. The company had confidentially filed its preliminary IPO papers in September and received Sebi's approval in December to move ahead with the public issue. Following Sebi's approval, the company will file its updated draft red herring prospectus (UDRHP) in the next two weeks, which will be open for public comments for 21 days. After this, the firm is required to file UDRHP-II incorporating public comments and then RHP for the actual launch. According to people familiar with the development, the insurtech firm is targeting a public listing by April. Founded in 2015 by Dhirendra Mahyavanshi and Anand Prabhudesai, the company focuses on simplifying the purchase and management of insurance ..

Top asset manager taps Citigroup, HSBC Holdings for nearly $1.4 billion IPO

Top asset manager taps Citigroup, HSBC Holdings for nearly $1.4 billion IPO

CIL subsidiary Bharat Coking Coal to launch ₹1,069 crore IPO on Friday

The company targets steel-led growth, import substitution

Bagmane Group files draft papers with Sebi for ₹4,000-cr Reit IPO

Bagmane Prime Office REIT, which is backed by Bengaluru-based realty firm Bagmane Group, has filed a draft paper with market regulator to launch its Initial Public Offering (IPO) to raise up to Rs 4,000 crore. The Real Estate Investment Trusts (REITs) are investment vehicles that own or operate income-generating real estate, enabling investors to earn a share of the income produced without directly purchasing the properties. At present, there are five listed REITs in India- Sattva Group and Blackstone-backed Knowledge Realty Trust (KRT), K Raheja Corp-backed Mindspace Business Parks REIT, Brookfield India Real Estate Trust, Embassy Office Parks REIT and Nexus Select Trust. According to a draft offer document filed with the SEBI, the IPO comprises fresh issue of units up to Rs 3,000 crore while the size of the Offer For Sale (OFS) would be up to Rs 1,000 crore. The net proceeds will be used to acquire Luxor at Bagmane Capital Tech Park (spanning one million sq ft) for Rs 1,775 crore

Veegaland Developers files draft papers with Sebi for ₹250 crore IPO

Real estate developer Veegaland Developers, part of the V-Guard group, has filed draft papers with markets regulator Sebi to raise Rs 250 crore through its initial public offering (IPO) to support its expansion plans. The company's maiden public offering is a completely fresh issue of shares with no Offer-for-Sale (OFS) component, according to the draft red herring prospectus (DRHP) filed on Tuesday. The company plans to use the funds to finance a portion of the cost of developing its ongoing and upcoming projects, estimated at up to Rs 111.60 crore. It will also spend about Rs 18.49 crore to acquire identified land parcels for residential real estate projects. The remaining amount will be used for future land acquisitions and general corporate purposes. Veegaland Developers is a real estate development company engaged in the planning, development, and sale of multi-storied residential apartment projects in Kerala, catering to the mid-premium, premium, ultra-premium, luxe-series, a

Gujarat Kidney ends debut session at 8% discount after listing at a premium

Gujarat Kidney and Super Speciality listed at a 5.2% premium but ended the debut session 8% below issue price amid profit-booking, even as IPO activity stayed strong in 2025

Sebi clears IPOs of Knack Packaging, Shivalaya and two other firms

As many as four companies, including Knack Packaging and Shivalaya Construction, have secured Sebi's approval to mobilise more than Rs 1,400 crore collectively through initial public offerings (IPOs), data with the markets regulator showed on Monday. Others which received regulatory nod are -- tiles and bathware maker Varmora Granito and Behari Lal Engineering. The four firms, which filed their preliminary IPO papers between August and September, obtained its observations during December 15-26. In Sebi's parlance, receipt of observations is equivalent to regulatory clearance to proceed with a public issue. On the other hand, Infifresh Foods, which filed its draft papers with Sebi in August using the confidential route, withdrew its prospectus, the update showed. According to the draft papers, packaging solutions provider Knack Packaging's IPO comprises fresh equity issue of Rs 475 crore, along with an offer for sale (OFS) of 70 lakh equity shares by promoters and an existing ...

Deepa Jewellers files IPO papers with Sebi, aims to raise ₹250 crore

Deepa Jewellers has filed preliminary papers with markets regulator Sebi to raise funds through an Initial Public Offering (IPO). The Hyderabad-based company's proposed IPO will be a combination of a fresh issue of shares worth Rs 250 crore along with an offer for sale of 11,848,340 shares by promoters-- Ashish Agarwal and Seema Agarwal, according to the Draft Red Herring Prospectus (DRHP) filed on Monday. Proceeds from its fresh issuance worth Rs 215 crore will be utilised for funding long-term working capital requirements towards procurement, maintenance and scaling up of inventory by the company, and general corporate purposes. Incorporated in 2016, the company is an organised B2B designer, processor and supplier of hallmarked gold jewellery, primarily having operations in Telangana, Karnataka, Andhra Pradesh, Tamil Nadu and Kerala. The company designs, processes and sells a wide range of jewellery, operating through an outsourced manufacturing model, supported by a network of

Neolite ZKW Lightings files draft papers with Sebi for Rs 600-cr IPO

Automotive lighting products maker Neolite ZKW Lightings on Monday filed preliminary papers with capital markets regulator Sebi to raise Rs 600 crore through an initial public offering (IPO) for expansion and debt reduction. The proposed IPO will be a combination of a fresh issue of shares aggregating up to Rs 400 crore along with an offer for sale of shares valued Rs 200 crore by promoters and a shareholder, according to the draft red herring prospectus (DRHP). Under the OFS, promoters -- Rajesh Jain and Neokraft Global -- will offload shares to the tune of Rs 114 crore and Rs 40 crore, respectively. Besides, existing shareholder ZKW Group GmbH will divest shares worth Rs 46 crore. The company will use proceeds from the fresh issue for setting up a new manufacturing facility at Kancheepuram, Tamil Nadu; purchasing plant and machinery, electronic expansion at existing manufacturing facilities; payment of debt and general corporate purposes. As of March 2025, Neolite ZKW had a tot

SS Retail files draft papers with Sebi to raise ₹500 crore through IPO

Mobile retail company SS Retail has filed preliminary papers with capital markets regulator Sebi to raise Rs 500 crore through its initial public offering (IPO). The company's maiden public offering will be a combination of fresh issue of shares worth Rs 300 crore, along with an offer for sale (OFS) of Rs 200 crore by promoters and other shareholders, according to the draft red herring prospectus (DRHP). As per the draft papers filed on Saturday, proceeds of the fresh issue will be used to fund capital expenditure for fit outs towards setting up of new stores in FY27 and FY28; working capital requirements; and general corporate purposes. SS Retail is a multi-brand retail chain for mobile phones, accessories and other electronic items, with operations in four states -- Maharashtra, Karnataka, Madhya Pradesh, and Goa with focus on tier-II and tier-III cities and beyond. As of March 31, 2025, the company operated 347 stores in India, of which 334 stores were in Maharashtra. On the .

Half of IPO activity came from 5 sectors in the past 2 years: Motilal Oswal

Five sectors accounted for more than half of IPO activity across mainboard and SME platforms over the past two years, with leadership shifting sharply between CY24 and CY25