Page 15 - Ipos

Assetz files confidential IPO papers with Sebi to raise ₹1,200 crore

Real estate developer Assetz Ltd has filed preliminary papers with markets regulator Sebi using the confidential route to raise around Rs 1,200 crore through an initial public offering (IPO). The proposed listing would mark the public-market debut of one of Bengaluru's fastest-growing residential developers, which counts Singapore-based investment fund AGP Partners as a key shareholder. In a public notice on Saturday, the company said it has filed "the pre-filed draft red herring prospectus with Sebi and the stock exchanges... in relation to the proposed initial public offering of its equity shares on the main-board of the stock exchanges". According to people familiar with the matter, the IPO size is pegged around Rs 1,200 crore. JM Financial, BofA Securities India, and Motilal Oswal Investment Advisors are the book-running lead managers to the proposed issue, they added. Under the confidential pre-filing route, companies are allowed to keep their draft offer documents out of the

Zepto seals pre-IPO fundraise, defers listing to focus on execution

Quick-commerce major Zepto on Saturday said that it has reached an agreement with major shareholders to close a pre-IPO private placement of equity ahead of its planned stock market listing to strengthen its balance sheet. The company stated that the fresh financing will add to its existing cash reserve of Rs 5,681 crore. As of March 31, 2026, the firm reported having zero debt. "As part of the IPO process, the Board and Founders have received terms from public market investors to list the company and are appreciative of the expressed interest. However, at this time, and afforded by the company's strong balance sheet, Zepto will focus on continued execution. "The company will update its DRHP filing for the operating results and financials in the coming quarters and intends to list within the timeframe provided by SEBI for its approved UDRHP," Zepto said. Zepto is set to raise funds at a valuation of around USD 4.5 billion (around Rs 42,925 crore). This capital infusion is expected

NSE pays ₹714 crore to settle ₹1,491 crore co-location case ahead of IPO

National Stock Exchange of India (NSE) on Friday said it has paid Rs 714.74 crore to Sebi after receiving the regulator's in-principle approval to settle the long-pending colocation and dark fibre cases for Rs 1,491.21 crore. The latest payment, together with the Rs 776.47 crore already deposited by the NSE, completes the Rs 1,491.21-crore settlement amount agreed under the revised settlement terms. The payment comes a day after the Securities and Exchange Board of India (Sebi) gave its in-principle approval to the revised settlement proposal submitted by the exchange. In a statement, NSE said, "The deposit of Rs 776.47 crore along with the payment of Rs 714.74 crore made against the demand notice dated July 30, 2026, will be adjusted against the settlement amount of Rs 1,491.21 crore." On Thursday, NSE had informed that Sebi had, in principle, agreed to settle the colocation and dark fibre matters for a cumulative amount of Rs 1,491.21 crore and had asked the exchange to pay the .

Manipal Health IPO subscribed 4.92 times on final day, QIBs drive demand

The healthcare provider's Rs 9,275-crore IPO was subscribed 4.92 times on the final day, with qualified institutional buyers bidding 8.25 times their quota

Zepto delays IPO by two quarters as investors push for lower valuation

Quick-commerce firm plans to raise about Rs 1,000 crore in a pre-IPO round as investors seek greater clarity on profitability, cash reserves and growth prospects

MV Electrosystems IPO booked 7.5x on day 2, GMP at 29%; should you apply?

MV Electrosystems IPO GMP today: MV Electrosystems shares currently trade at ₹545 in the grey market, reflecting a premium of ₹120, or 29.4 per cent, above the upper price band of ₹425.

Zepto pauses IPO, to raise Rs 1K cr in pre-IPO round at $4.5 bn valuation

Quick-commerce unicorn Zepto is set to raise approximately Rs 1,000 crore in a pre-IPO funding round at a valuation of around USD 4.5 billion, and has pushed back its initial public offering timeline, sources privy to the matter said. The capital infusion is expected to be led primarily by domestic investors to raise Indian shareholding in the company, which currently stands at around 40 per cent. Zepto's IPO, earlier targeted for July 2026, is held off for the time being, sources said. A mail sent to Zepto did not elicit any response. The USD 4.5 billion valuation marks a moderation from the USD 7 billion valuation Zepto commanded in October 2025, when it raised USD 450 million in a funding round led by the California Public Employees' Retirement System (CalPERS). Founded by Stanford University dropouts Aadit Palicha and Kaivalya Vohra, Zepto filed its preliminary IPO papers in December 2025 through the confidential pre-filing route with the Securities and Exchange Board of India

Mahindra's EV arm turns unicorn with ₹322 crore funding, IPO on track

Rs 322-crore funding led by Lightrock values Mahindra Last Mile Mobility at Rs 10,822 crore as the company targets a second-half FY27 listing

Veritas Finance files DRHP with Sebi for IPO; plans ₹900 crore issue

Chennai-based NBFC plans a Rs 900 crore fresh issue and an offer for sale of up to 1.28 crore shares to support future lending growth

Indo-MIM shares list at 45% premium, beat expectations; how to trade now?

The debut was ahead of grey market expectations. Before the listing, Indo-MIM IPO's GMP was ₹187 per share, or 38.56 per cent.

Manipal Health subscribed 15%; Ardee Industries IPO to open on Aug 5

Manipal Health's Rs 9,275-crore IPO was subscribed 15% on Day 1, while Ardee Industries announced its IPO launch from August 5 and Beauty Garage filed draft papers with Sebi

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