State Bank of India and joint venture partner Amundi will sell 10% stake in SBI Funds Management through an IPO in 2026, expected to raise Rs 11,000-13,000 crore
Sebi is preparing new reforms to ease IPO processes, including simplified share pledge rules, rationalised offer documents, and stronger corporate governance standards
As investors await the subscription window to open, here are some key details from the Red Herring Prospectus (RHP)
PhysicsWallah offers test preparation courses for competitive examinations and other courses for upskilling
Once the allotment is finalised, applicants can verify their allotment status online through the official websites of the BSE, NSE, or MUFG Intime India, the registrar to the issue
While Groww IPO attracts moderate interest, experts debate if peers offer better value for money
The UK-based firm eyes Rs 6,000 crore investment to expand Evonith Steel's capacity and explore acquisitions, with a public issue planned in 18-24 months
PhysicsWallah's Rs 3,480-crore IPO opens Nov 11, while SBICAP Securities appoints veteran banker Bhuvaneshwari A as managing director and CEO to lead its digital growth strategy
Edtech major to raise Rs 3,480 crore through fresh issue and OFS; proceeds to fund marketing, offline centre expansion, and tech infrastructure
Issue subscribed nearly 30x on last day of bidding
Pine Labs IPO: comprises a fresh issue of 94.1 million shares aggregating to ₹2,080 crore, and an OFS with investors divesting up to 82.3 million shares worth ₹1,818.9 crore
Lenskart IPO: Check latest grey market premium (GMP), subscription status, reviews, allotment date, listing date, and other key details here
Ahead of its IPO, Groww raised ₹2,985 crore from 102 institutional investors through an anchor book on November 3.
Investors can check their allotment status on the NSE and BSE websites or via MUFG Intime India
The company, which provides payment solutions such as point-of-sale terminals, slashed the portion offered by existing investors by 44% and new shares by 20% in its updated prospectus filed on Friday
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