Page 10 - Ipos

OfBusiness reports net profit of ₹724 crore in FY26 ahead of planned IPO

SoftBank-backed SME commerce and financing platform turns free cash flow positive in commerce business and crosses ₹10,000 crore in lending assets under management

Ardee Industries' ₹426 cr IPO to open on Aug 5, fixes price band at ₹50-53

Ardee Industries Ltd, a leading firm in secondary metals and circular economy sectors, will launch its Initial Public Offering (IPO) on August 5 to raise up to Rs 426 crore through a combination of a fresh issue and an offer for sale. The price band has been fixed at Rs 50-53 per equity share for its upcoming IPO, valuing the company at Rs 1,671 crore. The three-day initial share sale will conclude on August 7, while the anchor investor bidding will take place on August 4, according to a public announcement on Wednesday. The IPO comprises a fresh issue of equity shares aggregating up to Rs 320 crore and an Offer for Sale (OFS) of up to 1.99 crore equity shares by promoters. At the upper end of the price band, the total issue size is pegged at about Rs 426 crore. Of the fresh issue, Rs 220 crore will be earmarked for funding the company's incremental working capital requirements, Rs 22 crore will go towards debt repayment, and the remaining amount will be used for general corporate

Pulse check: How healthy is Manipal's ₹9,275-cr IPO for your portfolio?

Manipal Health IPO GMP is ₹10, suggesting a listing gain of less than 2 per cent at current levels. That said, analysts find it a compelling long-term bet.

Juniper Green fixes ₹214-225 price band for ₹1,800 cr IPO opening July 30

The renewable energy company plans to use the IPO proceeds to repay borrowings, fund subsidiaries and support general corporate purposes

MV Electrosystems' ₹290cr IPO to open on Jul 30; price band at ₹400-425

MV Electrosystems on Monday fixed a price band of Rs 400 to Rs 425 per share for its Rs 290-crore upcoming initial public offering (IPO). At the upper end of the price band, the company's market valuation is estimated at Rs 1,160 crore post-listing. The company's maiden public offering, which is entirely a fresh issue of shares with no offer for sale (OFS) component, will open for subscription on July 30 and close on August 3, according to its statement. Proceeds from the fresh issue will support long-term working capital requirements, fund investment in research, design and development activities for new power electronic equipment, and cover general corporate purposes. MV Electrosystems is a technology-driven company engaged in designing, developing, assembling, and manufacturing electrical & power electronics equipment used in railway rolling stock. This equipment includes advanced propulsion systems for electric locomotives,and switchgear panels for railway coaches. The issue

Market Close: Sensex snaps 5-day losing streak, jumps 776pts as Brent dips below $90; Nifty at 23996

Sensex Today | Stock Market Highlights, Monday: The Nifty50 and the Sensex halted their longest losing streak since January 9 as crude oil prices declined

Newly listed Caliber Mining extends rally; up 45% from issue price

Share price of Caliber Mining and Logistics soared 17% to ₹616 on the BSE in intra-day deals, zooming 45% against its issue price of ₹424 per share in two days post-listing.

Master Chains N Jewels files for IPO to raise up to ₹400 cr via fresh issue

Organised gold jewellery manufacturer and wholesale distributor Master Chains N Jewels Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares worth up to Rs 400 crore and an Offer for Sale (OFS) of up to 59.06 lakh equity shares by promoter Taruna Madan Kothari, according to the draft red herring prospectus (DRHP) filed on Saturday. The proceeds from the fresh issue will be utilised towards funding the company's working capital requirements and for general corporate purposes. Master Chains N Jewels is engaged in the designing, manufacturing, job-work services and sale of a wide range of gold jewellery, including lightweight jewellery. It caters to customers across India through its wholesale distribution network and manufacturing capabilities. As of June 30, 2026, the company had a design database of around 80,666 jewellery designs. It operates two ...

Manipal IPO to be India's biggest in healthcare, seeks to raise ₹9,275 cr

₹9,275-crore issue opens on July 29 as the Temasek-backed hospital chain plans to add around 3,000 beds through greenfield and brownfield projects

We can theoretically become net-debt zero after IPO: Manipal Health's Jose

MD & CEO Dilip Jose says the hospital chain will use the ₹8,000-crore fresh issue largely to repay debt, while pursuing organic expansion and selective acquisitions in key markets

Debt issuances propel June fund mobilisation to record ₹3.15 trillion

Total fund mobilisation surged 122 per cent month on month to a record ₹3.15 trillion in June as debt issuances more than offset subdued IPO activity

Shadowfax shares crash 7% on block deal buzz; Flipkart among likely sellers

The stake sale in Shadowfax coincides with the expiry of the six-month lock-in period for major pre-IPO investors after the company listed in the Indian stock market in January this year.

SBI Funds Management stock falls below IPO issue price; down 8% from high

Share price of SBI Funds Management slipped 1 per cent to ₹572.15, falling below its issue price of ₹574 per share, on the BSE in Friday's intra-day deals.

Manipal Health aims to raise $960 mn in IPO, price band set at ₹560-590

Manipal Health will start taking investor orders on July 29 and plans to close bidding on July 31

Indo-MIM IPO: Why do analysts prefer it over Xtranet, Lohia & Cube? Decoded

As investors struggle to decide the best bet, analysts' consensus lies with ₹3,811-crore Indo MIM IPO as they find its global leadership position, robust financials and strong grey market positioning.

Grey market winner: Indo-MIM IPO tops GMP charts; Lohia Corp, Xtranet trail

Three IPOs hit Dalal Street today - Indo-MIM, Lohia Corp and Xtranet Technologies. Check which IPO leads the GMP race along with issue details, brokerage views, and other key details.

Should you bet on Xtranet Technologies' ₹167-crore IPO? What brokerages say

Xtranet Technologies IPO has received mixed reviews, with Swastika recommending applying with a medium-term view. SBI Securities has a 'neutral' call on the offer.

Indo-MIM IPO opens on July 23; GMP at 39%; should you park your money?

Indo-MIM IPO: As investors await the opening of the subscription window, here are the key details of the Indo-MIM IPO

Cube Highways Trust InvIT IPO invites bids; should you consider applying?

At the upper end of ₹152, the company seeks to raise ₹5,000 crore through the public issue, which comprises an entirely offer-for-sale (OFS) issue of 328.9 million equity shares

InMobi appoints JPMorgan, Jefferies, Kotak and Axis for $1 billion IPO

The company has named JPMorgan Chase & Co., Jefferies Financial Group Inc. as well as local investment banks Kotak Mahindra Capital Co. and Axis Capital Ltd. for the IPO process