Page 8 - Ipo

Studds Accessories raises ₹137 crore from anchor investors ahead of IPO

Helmets manufacturer Studds Accessories on Wednesday said it has raised nearly Rs 137 crore from anchor investors, ahead of its initial share sale opening for public subscription. The anchor investor round saw participation from HDFC Mutual Fund (MF), Nippon India MF, ICICI Prudential MF, Edelweiss MF, ITI MF, Kedaraa Capital Public Markets Fund I, Carnelian India Amritkaal Fund, Pinebridge India Equity Fund, and Edelweiss Life Insurance Company, according to a circular uploaded on BSE's website. As per the circular, Studds Accessories has finalised the allocation of 23,35,836 equity shares to anchor investors at Rs 585 per share, aggregating to about Rs 136.64 crore. Out of the total anchor allocation, 18,55,346 equity shares, or 79.43 per cent, of the total were allotted to six domestic mutual funds across 10 schemes, collectively amounting to about Rs 108.37 crore. The company's Rs 455 crore IPO is scheduled to open on October 30 and conclude on November 3. The firm has set a .

Akasa Air plans to launch IPO within 2-5 years, says CEO Vinay Dube

Dube said, "There is no next phase we are planning. Our next phase should be an IPO in a two to five-year time period."

Akasa Air plans IPO within 2-5 years, to restart pilot hiring next year

Loss-making Akasa, India's third largest airline, has not had enough work for pilots due to delayed deliveries from Boeing

Lenskart CEO Peyush Bansal bets on AI, eyes up to $8 billion IPO valuation

Lenskart CEO says AI-powered eye testing and tech-led innovation will fuel global expansion as India's largest eyewear firm preps for a landmark $8 billion IPO

Eyewear retailer Lenskart promoters set to cash in on $830 million IPO

SoftBank-backed eyewear giant aims for $8 billion valuation as co-founders and early investors book multibillion-rupee gains

Sebi puts Vedanta Group's Sterlite Electric public listing on hold

The company, part of mining and metals conglomerate Vedanta Group, filed draft papers for the IPO in early October

Our eventual aim is to serve a billion people: Lenskart's Peyush Bansal

With eyewear company Lenskart all set for its maiden ₹7,350-crore IPO, Peyush Bansal talks about plans and challenges of the business in a video interview with Surajeet Das Gupta

IPO signals strong commitment from Norway parent, says Orkla India

This comes as the company's initial public offering is slated to open on 29 October to 31 October

DMart's Radhakishan Damani invests ₹90 crore in Lenskart ahead of IPO

Billionaire investor Radhakishan Damani, founder of Avenue Supermarts (DMart), has invested around Rs 90 crore in eyewear retailer Lenskart Solutions in a pre-IPO (initial public offering) funding round, people familiar with the development said on Friday. The investment comes ahead of Lenskart's maiden public offering, which is expected to open for public subscription next week. The eyewear retailer is looking to raise Rs 2,150 crore through fresh issuance of equity shares, besides, promoters and investors would offload 13.22 crore equity shares, according to the Draft Red Herring Prospectus (DRHP). As a part of the OFS, promoters -- Peyush Bansal, Neha Bansal, Amit Chaudhary and Sumeet Kapahi; investors -- SVF II Lightbulb (Cayman) Ltd, Schroders Capital Private Equity Asia Mauritius Ltd, PI Opportunities Fund II, Macritchie Investments Pte. Ltd., Kedaara Capital Fund II LLP, and Alpha Wave Ventures LP -- would offload shares. Lenskart proposes to utilise the proceeds from the

Recent SME IPOs saw sharp listing gains, quick reversal: RBI study

The SME IPO market in India witnessed a strong surge during FY24 and FY25, driven by retail participation, and favourable market sentiment

Flipkart-backed Shadowfax gains regulatory approval for IPO in India

Logistics firm clears Sebi hurdle to launch offering estimated at up to ₹2,500 crore; updated draft prospectus expected soon as company targets valuation near ₹8,500 crore

ARCIL set to go public as Sebi clears IPO plan of India's oldest ARC

SBI and Avenue Capital-backed ARCIL to offer 105 million shares in an IPO through an offer for sale; IIFL, IDBI Capital, and JM Financial to manage the issue

Coca-Cola weighs $1 bn IPO for Indian bottling unit, valued at $10 bn

The deal would bring one of the world's best-known brands to India's hot IPO market, which is on track for a record month and possibly have its best year ever in 2025

IPO frenzy ahead as over a dozen firms plan to raise ₹2.6 trillion

The primary market remains buoyant, with more than a dozen companies gearing up to launch their initial public offerings (IPOs) in the coming months, aiming to raise about Rs 2.6 lakh crore (nearly USD 28 billion), Chirag Setalvad, Fund Manager at HDFC Mutual Fund, said on Friday. Of this, Tata Capital, LG Electronics India, and WeWork India Management have already raised around Rs 30,000 crore collectively. The upcoming line-up includes prominent names such as PhonePe, ICICI Prudential AMC, Lenskart, Groww, Inox Clean Energy, Pine Labs, Credila, Clean Max Enviro, Dorf Ketal Chemicals, Fractal Analytics, Meesho, SMPP, and Yashoda Hospitals, he said in a webinar. So far this year, 81 companies have debuted on the stock exchanges, with nearly three dozen listings taking place in September and October alone, highlighting the depth of activity in the primary market. The robust activity comes on the back of a solid 2024, when 91 public issues collectively mobilised Rs 1.6 lakh crore, ..

Shark Tank judge Peyush Bansal nears billionaire status with Lenskart IPO

Lenskart is planning to list as early as next month in Mumbai, targeting a stock debut that would value the company at $9 billion, based on the IPO size

IPO boom gives pause for thought as cracks appear amid volatility

Nearly 200 companies have filed draft initial public offering (IPO) papers this year, setting the stage for an action-packed 2025

Fintech Upgrade raises $165 million, targets IPO in 12 to 18 months

The round valued Upgrade at $7.3 billion pre-money, according to a source familiar with the matter, a 21.7% premium to its previous valuation

IPO-bound Groww launches commodities trading services on platform

Stock broker Groww on Thursday rolled out commodities trading on its platform, as it continues diversifying its wealth and capital markets offerings. Groww customers with active trading accounts can trade in commodities such as crude oil, gold, silver and natural gas through the Metropolitan Stock Exchange from 9 am to 11:30 pm, according to information available on the stock broking platform's website. Traders in India have been increasingly showing interest in investing in commodities to diversify their portfolios and hedge against market volatility. In the past few months, IPO-bound Groww has launched multiple offerings in the capital markets space as part of its strategic diversification push. The company launched corporate bonds, Margin Trading Facility, 915 (a pro-traders-focused platform), and W, a wealth management offering (after acquiring Fisdom). At present, Groww has over 18 million active customers. Last month, Billionbrains Garage Ventures, the parent company of Gr

Duroflex files DRHP for IPO, aims to raise ₹183-cr via fresh issue

Duroflex IPO comprises a fresh issue worth ₹183 crore and an offer for sale (OFS) of up to 22.56 million shares

Embassy Group repays ₹1,748 cr of debt via WeWork India IPO proceeds

The company used proceeds from the WeWork India offer for sale to repay NCDs, slashing leverage and cutting its share pledge to just 15 per cent.