It is a myth that a firm needs a corporate office in a high-rise in a major city like Chennai or Bengaluru, Kumar says. The Milky Mist corporate office sits directly above factory in a rural setting
Low-P/E IPOs delivered strong post-listing gains, while expensive issues saw returns front-loaded at listing
Rising crude prices, firm US yields, global risk aversion weigh on Indian equities
Jio Platform is giving final touches to its public offer documents, touted as India's largest at an estimated USD 3.8 billion, after concluding worldwide roadshows, according to a source aware of the development. The roadshows overseas were led by Jio Platforms Managing Director and Reliance Jio Chairman Akash Ambani and Reliance Retail Ventures Limited Executive Director, Isha Ambani. "Jio Platforms has completed the first leg of the IPO after roadshows with potential investors globally. The roadshows were held in the US, UK, Dubai, Singapore and Hong Kong. Now, the company has started preparations for filing a red herring prospectus," a source aware of the development told PTI. An email query sent to Jio Platforms elicited no response. The digital services arm of billionaire Mukesh Ambani's Reliance Industries, Jio Platforms, last month received approval from markets regulator Sebi to proceed with its initial public offering, paving the way for what would be the country's larges
Markets regulator Sebi has kept in 'abeyance' the draft offer documents of Inox Clean Energy Ltd, which is looking to raise up to Rs 10,000 crore through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares worth up to Rs 8,000 crore and an offer-for-sale (OFS) of shares, amounting to Rs 2,000 crore by promoter Devansh Jain, according to the draft red herring prospectus (DRHP). The status of the issue was updated by the Securities and Exchange Board of India (Sebi) on Thursday under the list of IPOs whose observations have been kept in abeyance. The company had filed its draft papers with the regulator on September 29. Without specifying reasons, the regulator stated that the "issuance of observations (has been) kept in abeyance", according to an update on its website. The proposed issue could rank among the largest IPOs in India's private-sector renewable energy space. Inox Clean Energy, part of the INOXGFL Group, proposes to use the procee
Fund raising through initial public offers (IPOs) touched a record high of Rs 94,205 crore in April-September FY27, courtesy big-ticket issues such as by NSE, as per a report released by Primedatabase.com on Thursday. A total of 78 companies hit the market with main board IPOs in the six months totalling Rs 94,205 crore. The money raised is 35 per cent higher than the previous all-time high of Rs 69,533 crore mobilised by 65 IPOs in the same period last year, it said. "This record fundraising has happened despite an extremely slow start to the year with only Rs 3,794 crore being raised in the first three months and also despite volatile secondary markets through most part of the six months," company's managing director Pranav Haldea said. The outlook for IPO activity is also bright, with a total of 145 candidates proposing to raise around Rs 2.78 lakh crore in the pipeline with Sebi approval, and another 102 companies entailing issuances of Rs 1.87 lakh crore awaiting the markets .
Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 1.01 per cent and 0.97 per cent, respectively
Stock market crash: Analysts flag October rate hike fears, low liquidity, high oil prices, persistent FIIs selling and a long-weekend as some of the key reasons for the market fall on Thursday.
The median price-to-book ratio for IPOs raising at least ₹1,000 crore fell to 7.4 times in 2026 from 10.2 times last year as local funds push for lower valuations
Real estate consultancy firm Anarock Property Consultants Ltd has filed draft papers with capital markets regulator Sebi to raise Rs 1,000 crore through an Initial Public Offering (IPO) to fund its technology push, business expansion and acquisitions. The proposed IPO comprises a fresh issue of equity shares aggregating up to Rs 550 crore and an Offer For Sale (OFS) of up to Rs 450 crore, according to the Draft Red Herring Prospectus (DRHP) filed on Wednesday. Under the OFS, promoter selling shareholders Peter Properties Ltd and Khushi Trust, along with investors including various funds managed by 360 ONE, Om Sai Trust and Colared Consultants and Traders LLP, will offload shares. The company may also consider a pre-IPO placement of up to Rs 110 crore. If such a placement is completed, the size of the fresh issue will be reduced accordingly. The company said it plans to deploy the proceeds from the fresh issue towards organic and inorganic growth, including investments in artificial
RIL's latest ₹13,000 crore issue takes its rupee bond fundraising in September to ₹25,000 crore as borrowing costs face upward pressure amid rate hike expectations
Sensex Today | Stock Market LIVE Updates Wednesday: In the broader market, the Nifty MidCap 100 and the Nifty SmallCap ended 0.02 per cent and 0.27 per cent higher, respectively
Nityas Gems and Jewellery IPO price band is set at ₹70 to ₹75 per share. The lot size for the offer is 200 shares.
The key concern for the investors in mega issues, according to G Chokkalingam, founder and head of research at Equinomics Research, is how the issue is priced.
Maharashtra Charity Commissioner is examining whether Tata Trusts' actions breached norms as the Tata Sons board faces a governance dispute
Listing could be delayed by another one to two years as Walmart takes a wait-and-see approach; some former employees may seek clarity on the IPO timeline
Revenue grew 12-fold in 2025 to nearly $4.6 billion, even as the company lost more than $8 billion on an operating basis, excluding writedowns of various liabilities
Adroit Industries IPO GMP is ₹54, according to websites tracking the unofficial market. At the prevailing GMP, shares could list at ₹188, up 40 per cent from the IPO price of ₹134.
SME Emerge has risen 4.34% this month, 5.55% in CY26
Tata Trusts have proposed merging Tata Electronics Systems Solutions and Tata Consulting Engineers with Tata Sons to help it shed its NBFC and CIC classifications and remain unlisted