As many as seven companies, including Softbank-backed e-commerce firm Meesho and Temasek-backed e-commerce enablement platform Shiprocket, have secured Sebi's approval to raise funds through initial public offerings (IPO), an update with the markets regulator showed on Monday. Others that received regulatory approval are Rajputana Stainless, Skyways Air Services, German Green Steel and Power, Allied Engineering Works, and Manika Plastech. All seven companies, which filed their preliminary IPO papers with Sebi between May and July, obtained its observations during October 14 to 31, the update showed. In regulatory terms, Sebi's observation is equivalent to clearance for launching a public issue. The approval comes at a time when the Indian market is experiencing a boom in primary market activity. Meesho's proposed IPO comprises a fresh issue of equity shares aggregating up to Rs 4,250 crore and an offer for sale (OFS) of 17.57 crore equity shares by certain existing shareholders.
Lenskart IPO has invited comparisons with earlier new-age tech listings such as Zomato, Paytm, and Mamaearth
Pine Labs comprises a fresh issue of 94.1 million equity shares amounting to ₹2,080 crore and an OFS of 82.3 million equity shares aggregating to ₹1,819.9 crore
This week, two highly anticipated mainboard offerings, Groww and Pine Labs, are set to open for subscription
The company launched its initial public offering (IPO) on Friday, October 31, aiming to raise ₹7,278.02 crore from primary markets
Investors can check their Orkla India allotment status on the official websites of the NSE, BSE, or through Kfin Technologies
India is entering a sustained public-market boom - with rising entrepreneurial listings, deeper capital access, and a robust long-term outlook, says Garg
Sensex Today | Stock Market close: Barring Nifty PSU Bank and Nifty Oil & Gas, all other sectoral indices on the NSE settled lower
Lenskart IPO Day 1 update: Check latest subscription status, grey market premium (GMP), reviews, timeline, and other key details here
Groww IPO Price Band: Groww IPO has been priced in the band of ₹95 to ₹100 per share, with a minimum lot size of 150 shares
Orkla India IPO has received bids for 79.15 million shares, compared to the 15.99 million shares available, resulting in an overall subscription rate of approximately 4.95 times.
The eyewear retailer priced shares at the top of its ₹382-₹402 band, drawing strong demand from global funds and India's largest mutual and insurance investors.
The digital investment platform's IPO will open on November 4, with Tiger Global and Peak XV Partners set to pare holdings amid a boom in retail participation
Lenskart plans to raise ₹7,278 crore through a combination of fresh issue of 53.5 million equity shares and offer for sale of 127.6 million equity shares.
Lenkart IPO Open: Adding to the positive sentiment, early trends in the grey market indicate a favorable start for the public offering
As investors await the opening of the public issue, here are 10 things they should know before investing their money in the IPO
Groww IPO is a book build issue of ₹6,632.3 crore, comprising a fresh issue of 106 million equity shares and an OFS of 557.2 million equity shares
Studds Accessories IPO opened on October 30 and will close for subscription on Monday, November 3, while Lenskart Solutions is set to launch its ₹7,278 crore IPO on Friday, October 31
Ahead of its IPO, Studds Accessories raised ₹137 crore from 9 institutional investors via an anchor book on October 29
The depth of domestic capital pool has reduced India's reliance on foreign institutional investors, enhancing market stability, a sentiment echoed by most panellists at Business Standard BFSI Summit