Page 3 - Ipos

Om Power Transmission IPO opens April 9; sets price band at ₹166-175

Om Power Transmission IPO comprises a fresh issue of 7.6 million shares worth up to ₹132.56 crore and an offer for sale (OFS) of 1 million shares worth up to ₹17.50 crore

Big banks seeking a piece of spacex's IPO must subscribe to Musk's grok

Some of the banks have agreed to spend tens of millions on the chatbot, and they have already started integrating Grok into their IT systems

ECM fees rise sharply even as investment banking revenues slump in Q1

Equity capital markets underwriting fees rise 39% in Q1 despite weaker deal volumes, while overall investment banking revenues fall amid subdued M&A and debt market activity

SpaceX targets more than $2 trillion valuation ahead of record-breaking IPO

At more than $2 trillion, SpaceX's valuation would increase by nearly two thirds in a matter of months

Powerica makes muted debut, lists at 7% discount; misses GMP estimates

Powerica shares opened at ₹366 on the NSE, a discount of ₹29 or 7.35 per cent from the issue price of ₹395

Rediff files confidential IPO papers eyeing up to Rs 800 cr fundraise

Rediff has filed confidential IPO papers to raise up to ₹800 crore, aiming to expand its enterprise and financial services platforms under AvenuesAI

SpaceX files for blockbuster IPO confidentially, eyes $1.75 trn valuation

The filing comes after SpaceX merged with Musk's artificial intelligence startup xAI in a deal that valued the rocket company at $1 trillion and the developer of the Grok chatbot at $250 billion

Licious posts ₹1,166 crore revenue in FY26, eyes ₹1,800 crore in FY27

Licious reported 47 per cent growth in FY26 revenue to ₹1,166 crore and is targeting ₹1,800 crore in FY27, driven by micro-market expansion and stronger repeat consumption

Rediff opts for confidential route, files IPO draft papers with Sebi

Rediff.com India Ltd, a subsidiary of AvenuesAI Ltd, has filed preliminary papers with markets regulator Sebi through the confidential route to float an initial public offering (IPO). The company has opted for the confidential pre-filing route, which allows it to engage with the Securities and Exchange Board of India (Sebi) for initial feedback on its draft document without it being publicly disclosed. Companies increasingly prefer this route because it offers more flexibility in IPO preparations and allows them to respond to market conditions before a public filing. In a stock exchange filing on Tuesday, AvenuesAI said, "Rediff.com India Ltd, a subsidiary of AvenuesAI Ltd, has filed the Pre-Filed Draft Red Herring Prospectus (Pre-DRHP) with the Sebi, the BSE Ltd and the National Stock Exchange of India Ltd in relation to the proposed initial public offering of its equity shares...on the main board". AvenuesAI, formerly known as Infibeam Avenues, is a multinational financial ...

India sees surge in IPO filings in March despite weak investor sentiment

The pace of filings defied the lackluster post-listing performance of recent stock debuts

Kay Jay Forgings files DRHP for IPO, eyes ₹300-crore via fresh issue

The proposed Kay Jay Forgings IPO comprises a fresh issue of shares up to ₹300 crore and an offer for sale up to ₹60 crore by existing shareholders

FY27 IPO pipeline swells to ₹1.75 trn; will it materialise? Experts examine

Among the most closely tracked issues for FY27, analysts said, is Jio Platforms - the holding company for Reliance's telecom business, which is expected to file its draft papers with Sebi soon

Manasum Senior Living plans ₹200 crore fundraise, 2028 IPO target

Senior living for professionals coming up in GIFT City, Ahd

Sathya Agencies files preliminary draft papers with Sebi for ₹600 crore IPO

Consumer electronics retailer Sathya Agencies Ltd has filed preliminary papers with markets regulator Sebi to raise Rs 600 crore through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares aggregating to Rs 300 crore and an offer for sale (OFS) of equity shares worth Rs 300 crore by promoters, taking the total offer size to Rs 600 crore, according to the draft red herring prospectus (DRHP) filed on Monday. The OFS includes the sale of shares by promoters -- Johnson Asaria, J John Sathya and Charles Packiaraj. Each of them will offload equity shares valued at Rs 100 crore. The Tamil Nadu-based company proposes to utilise the proceeds from the fresh issue towards repayment or prepayment of certain borrowings, payment of partial purchase consideration for the acquisition of its subsidiary Unilet Appliances Private Limited, and for general corporate purposes. Also, the company expects that listing of its equity shares will enhance its visibility

Zetwerk files for IPO via confidential route, eyes up to ₹4,200 crore raise

Manufacturing marketplace taps top banks and explores pre-IPO funding at $3 billion valuation as rivals Infra.Market and OfBusiness also line up public offerings

GIFT City's first IPO withdrawn as weak demand hits subscription

XED says it will tap the market at an appropriate time in the future

Pioneer Fil-Med files for ₹500 crore IPO to fund new manufacturing units

Railway components maker Pioneer Fil-Med Ltd has filed draft papers with the markets regulator Sebi to raise Rs 500 crore through an Initial Public Offering (IPO). The proposed issue comprises a fresh issue of equity shares aggregating Rs 250 crore and an Offer For Sale (OFS) of shares worth Rs 250 crore by existing shareholders, according to the Draft Red Herring Prospectus (DRHP) filed on Sunday. The OFS includes stake sales by promoter Pioneer Facor IT Infradevelopers and promoter group entity Aztech India, each proposing to offload shares worth up to Rs 125 crore. The company proposes to utilise the proceeds from the fresh issue towards part financing the cost of establishing a gear box manufacturing facility and a wind generator components manufacturing facility, both at Salarpur in Bhiwadi, Rajasthan, as well as for general corporate purposes. Additionally, the listing of its equity shares on the stock exchanges is expected to enhance the company's brand visibility and provid

Applied for Sai Parenteral's IPO? Here's how to allotment check status, GMP

Sai Parenteral's IPO allotment status: Once the allotment is finalised, applicants can verify their allotment status online through the websites of the BSE, NSE, and Bigshare Services

Amir Chand IPO allotment today: Step-by-step guide to check status online

Investors who have applied for the Amir Chand IPO can check the share allotment status on the official BSE or NSE websites, or on the website of Kfin Technologies, the registrar for the issue

Intellius Recode files draft IPO papers with Sebi, plans to raise ₹117 cr

Intellius Recode Ltd has filed preliminary papers with the markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares aggregating Rs 117 crore and an offer for sale (OFS) of up to 12.9 lakh equity shares by existing shareholders, according to the draft red herring prospectus (DRHP). The company intends to utilise the net proceeds from the fresh issue towards funding the development of its digital workers, payment of sub-contracting fees related to their development, and for general corporate purposes. Intellius Recode is a technology solutions provider focused on enabling digital transformation for enterprise clients. It offers services across technology consulting and artificial intelligence-led solutions, including its proprietary "Agentic AI"-based digital workers. Its technology consulting vertical includes services like data and analytics, enterprise robotic process automation, integration, developm