Page 5 - Ipo Calendar

Aegis Vopak Terminals, Seshaasai Tech get Sebi's go ahead to float IPOs

Aegis Vopak Terminals and Seshaasai Technologies have received Sebi's go-ahead to raise funds through initial public offerings (IPOs), an update with the regulator showed on Tuesday. The companies are expected to raise more than Rs 4,000 crore through initial share sales. The two firms, which filed their preliminary IPO papers with Sebi during November and December 2024, obtained observations from the regulator during April 7 to 11, the update showed. In Sebi's parlance, obtaining the observations means its go-ahead to float the public issue. Meanwhile, the regulator has returned the draft offer document of Rajputana Stainless Ltd on April 11. As for Aegis Vopak Terminals, it is planning to float a Rs 3,500-crore IPO, which is entirely a fresh issue of equity shares, according to the draft red herring prospectus (DRHP). The tank storage company for LPG and chemicals plans to utilise proceeds for payment of debt, fund capital expenditure for the acquisition of a cryogenic LPG termi

Swastika Infra files papers with Sebi to raise Rs 200 cr through IPO

Swastika Infra, an EPC solutions provider in power distribution, infrastructure projects, has filed preliminary papers with markets regulator Sebi seeking its approval to raise funds through an Initial Public Offering (IPO). The Jaipur-based company's IPO is a combination of a fresh issue of shares worth Rs 200 crore and an Offer For Sale (OFS) of 19.2 lakh shares by promoters and other shareholders, according to the Draft Red Herring Prospectus (DRHP). The company is looking to mop up Rs 40 crore in the pre-IPO round, and if such placement is completed, the fresh issue size will be reduced. Proceeds from the fresh issue to the tune of Rs 145 crore have been earmarked for funding, incremental working capital requirement; besides, a portion will be used for general corporate purposes, the draft papers filed on March 30 showed. Swastika Infra is an engineering, procurement and construction (EPC) company, specialising in the execution of power distribution infrastructure projects. T

Sai Infinium files draft papers with Sebi to raise funds through IPO

Sai Infinium has filed draft papers with markets regulator Sebi seeking its clearance to garner funds through an initial public offering (IPO). The Gujarat-based company's IPO is entirely a fresh issue of 1.96 crore equity shares with no offer-for sale (OFS) component, according to the draft papers filed on Wednesday. The company plans to use funds to the tune of Rs 130 crore for setting up a 17.4-MW hybrid power plant, Rs 65 crore for the purchase of a rolling mill for mild steel (MS) structures, Rs 19 crore for buying a cargo vessel for the ship breaking plant and the remaining funds will be used for the company's general corporate purposes. Sai Infinium operates in three primary segments, manufacturing of MS (Mild Steel)billets and TMT (Thermo Mechanically Treated) bars, ship breaking and real estate in Gujarat. Its manufacturing plant produces MS billets and TMT bars from various raw materials, shipbreaking facility in Alang recycles ships, recovering metal for use in production

IPO calendar next week: Mainline dry spell continues, 3 SME listings ahead

The last company to launch its initial public offering (IPO) in this segment was Quality Power Electrical Equipments, with shares listed on the domestic exchanges on February 24, 2025

IPO Alert! Jain Resource Recycling files draft papers with Sebi; details

The company seeks to raise up to ₹2,000 crore from the public issue, which comprises both a fresh issue as well as an offer for sale of equity shares

Indira IVF Hospital scraps IPO plan, withdraws draft papers with Sebi

Fertility clinic chain Indira IVF Hospital has withdrawn its draft IPO papers, which were filed through the confidential route, an update with markets regulator Sebi showed on Tuesday. The confidential pre-filing route allows the company to withhold public disclosure of details under the draft red herring prospectus (DRHP). Further, pre-filing DRHP does not guarantee the company will go ahead with the initial public offering (IPO). The preliminary IPO papers were received by the Securities and Exchange Board of India (Sebi) on February 13, however, "draft offer document (was) withdrawn on March 19, 2025" by the company without disclosing any reasons. Last week, PhysicsWallah joined the league of a handful of companies that took confidential filing routes for its IPO. In 2024, food delivery giant Swiggy and supermart major Vishal Mega Mart successfully floated their respective initial share sales after making confidential filings. Before this, online hotel aggregator OYO took the .

IPO Calendar: 9 SME issues to rule next week, mainboard drought continues

The mainboard segment will remain dormant for another week. Notably, Quality Power was the last mainboard company to go public, listing on the bourses on February 24, 2025

Anchor lock-in expiry to unlock Rs 5,300 crore worth shares this week

Activity in India's primary market tapered off at the beginning of the first two months as sentiment in the secondary market turned bearish

Sayan Chakraborty's Signtific India Hits ₹100 Crore in First Year, Gears Up for IPO

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NAPS Global India IPO listing: Shares lists at Rs 108 per share on BSE SME

NAPS Global India IPO listing: With a issue price of Rs 90 per share, NAPS Global India IPO opened on Tuesday, March 4, 2025, and concluded on Thursday, March 6, 2025

Excelsoft Technologies files IPO papers with Sebi to raise Rs 700 cr

Excelsoft Technologies Ltd, a vertical SaaS (software-as-a-service) company focused on the learning and assessment market, has filed draft papers with capital markets regulator Sebi to raise Rs 700 crore through an initial public offering (IPO). The proposed IPO of the Karnataka-based company is a combination of a fresh issue of shares valued Rs 210 crore and an offer for sale (OFS) of shares worth Rs 490 crore by the promoters -- Pedanta Technologies and Dhananjaya Sudhanva, according to the draft red herring prospectus (DRHP). The company may consider mobilising up to Rs 270 crore in pre-IPO round. "If the pre-IPO placement is undertaken, then the amount raised from the pre-IPO placement will be reduced from the fresh offer size and/or the Offer for Sale portion," the company said in the draft papers filed on Friday. The company has proposed to utilise the proceeds of the fresh issue towards purchase of land and construction of a new building and for upgradation and external ...

Quality Power Electrical IPO subscribed 1.29 times on final day of bidding

The firm reported a consolidated net profit of Rs 50.08 crore and sales of Rs 155.74 crore for the six months ended on 30 September 2024

IPO-bound NSE's valuation surges over 200% to Rs 4.7 trn in 2024: Report

The IPO-bound NSE's valuation jumped 201 per cent in 2024 to Rs 4.7 lakh crore, a report said on Tuesday. The largest India equity bourse, which is reported to have restarted its listing process by applying for a no-objection from markets regulator Sebi, is already the 10th-most valuable private company in the country, as per the 2024 Burgundy Private Hurun India 500 list of listed as well as unlisted companies. The valuation was pegged at Rs 3.12 lakh crore, as per a September 2024 report. Another media report said the company, which also runs the world's largest derivatives exchange, aims to sell 10 per cent of holding in the IPO. The overall revenues jumped 28 per cent to Rs 16,352 crore in FY24, and the post-tax profit surged 51 per cent to Rs 8,306 crore. The stock bourse had moved on the listing plans after getting some clarity on allegations of not allowing equitable access to its members. Hurun said it has travelled across the country and spoken with industry experts, ...

IPO Rush: Hero Fincorp, LG Electronics, 64 others aim for D-street debut

A total of 66 companies have submitted applications for IPOs, with highly anticipated offerings from Hero Fincorp and LG Electronics awaiting approval from the capital market regulator, Sebi

IPO Alert! CIEL HR Services gets final observations from Sebi; details

As investors await further developments, here are the key details of the proposed CIEL HR Services IPO, taken from the Draft Red Herring Prospectus (DRHP)

Cordelia Cruises plans to raise Rs 800 cr through IPO to fund growth plans

Waterways Leisure Tourism (Cordelia Cruises) on Friday said the company is planning to raise Rs 800 crore through an Initial Public Offering (IPO) to fund its growth plans. The company's board has decided to raise funding through an IPO to raise around Rs 800 crore in the Indian capital market by issuing equity to institutional and other eligible investors, the company said in a statement. Cordelia Cruises also plans to expand its fleet with the addition of two new cruise ships that will increase its guest capacity by around 4,000 guests. "We are in discussions with major cruise companies from the US and Europe, who are looking to divest ownership of their smaller ships with passenger capacities ranging between 2,000 to 2,500 guests per ship, as they transition to newer vessels with capacities of 5,000-7,000 guests," company's President and CEO Jurgen Bailom stated. He said the company has multiple offers from existing cruise lines as they upgrade their fleets with larger ...

Hexaware Tech IPO subscription reaches 3% on first day of bidding

The initial share sale of the Mumbai-headquartered company is a complete Offer for Sale (OFS) of equity shares worth Rs 8,750 crore by promoter CA Magnum Holdings, part of Carlyle Group

IPO Calendar: Hexaware Technologies, 11 more to keep investors busy next wk

From opening to allotment to listing, here is the complete list of IPOs that will keep primary market investors busy next week

Atlantia Electricals files IPO papers with Sebi, aims to raise Rs 400 cr

Atlanta Electricals Ltd, manufacturer of power, auto and inverter duty transformers, has filed preliminary papers with capital markets regulator Sebi seeking its approval to raise funds through an initial public offering (IPO). The Gujarat-based company's IPO is a combination of a fresh issue of equity shares worth Rs 400 crore and an offer for sale (OFS) of 38.1 lakh equity shares by a promoter and other selling shareholders, according to the draft red herring prospectus (DRHP) filed on Tuesday. The offer includes a reservation of equity shares for subscription by eligible employees. Besides, the company may consider raising Rs 80 crore in a pre-IPO placement round. If such placement is undertaken, the size of the fresh issue will be reduced. The company proposes to utilize the proceeds from the issue for payment of debt, supporting working capital requirements of the company and for general corporate purposes. According to a Crisil report, India's transformer market is driven by

Biocon Biologics plans IPO for biosimilars business by Mar 2026: CEO

The company, which has been pushing its IPO plans for the past year, has been waiting to complete the integration of its acquired biosimilars firm Viatris and refinance debt before it goes public