Page 40 - Ipos

Virupaksha Organics files draft papers with Sebi for ₹740 crore IPO

Pharmaceutical company Virupaksha Organics has filed preliminary papers with capital markets regulator Sebi to raise Rs 740 crore through an initial public offering (IPO). The proposed IPO of the Hyderabad-based company is entirely a fresh issue of equity shares, according to the draft red herring prospectus (DRHP) filed on Monday. The company may consider raising Rs 148 crore in a pre-IPO placement round. If such placement is undertaken, then the issue size will be reduced. Virupaksha proposes to utilise proceeds of the fresh issue to the tune of Rs 360 crore towards funding capital expenditure requirement for capacity expansion, Rs 195 crore earmarked for payment of debt and the balance towards general corporate purposes. Virupaksha Organics is a research and development (R&D) driven Indian pharmaceutical company engaged in the manufacturing of active pharmaceutical ingredients (APIs) and intermediates. As of March 31, 2025, it had a diversified portfolio of 54 products, ...

Vishvaraj Environment files DRHP to raise ₹2,250-cr via IPO; check details

Vishvaraj Environment is a developer of water utility and wastewater management projects in India with a focus on recycling treated sewage water for industrial use

NIIs help Pace Digitek IPO sail through on final day; GMP holds at 2%

Pace Digitek IPO Day 3 Update: Check price band, lot size, latest subscription status, GMP, allotment date, listing date, other key details here

Seshaasai Technologies lists at 3% premium; here's what analysts suggest

Seshaasai Technologies share price: On the BSE, Seshaasai Technologies shares began trading at ₹436 per share, a premium of ₹13 per share or 3 per cent over the issue price

Advance Agrolife IPO opens: Check key details, GMP, dates, brokerage views

Here are the key details of the Advance Agrolife IPO that every investor should be aware of before placing their bids

Jinkushal Industries IPO booked 65x; check allotment, GMP, listing date

Jinkushal Industries IPO allotment: investors can verify their allotment status through the official portals of NSE, BSE, or MUFG Intime India

Applied for Trualt Bioenergy IPO? Here's how to check allotment status

Once the Trualt Bioenergy IPO allotment is finalised, investors can check their status on the official websites of BSE, NSE, or Bigshare Services, the registrar for the issue

Tata Capital IPO pops unlisted market bubble with price band shock

Unlisted investors confront lower than expected prices and waning pre-listing gains

Om Freight Forwarders ₹122.3 crore IPO fully subscribed on day one

The initial public offering (IPO) of Om Freight Forwarders Ltd, a logistics and freight forwarding company, got fully subscribed on the first day of share sale on Monday. The Rs 122.3-crore IPO received bids for 1,09,96,659 shares against 79,16,945 shares on offer, translating into 1.39 times subscription, according to NSE data. The portion meant for non-institutional investors garnered 4.03 times subscription. Qualified institutional buyers category got subscribed 1.10 times and retail individual investors portion received 54 per cent subscription. The IPO has a fresh issue of up to Rs 24.43 crore and an offer for sale of up to 72,50,000 shares. The IPO has a price range of Rs 128-135 per share. Smart Horizon Capital Advisors is the book running lead manager to the offer.

Kusumgar files draft papers with Sebi to raise ₹650 crore through IPO

Engineered fabric manufacturer Kusumgar Ltd has filed draft papers with capital markets regulator Sebi to raise Rs 650 crore through an initial public offering (IPO). The IPO is entirely an offer-for-sale (OFS) by promoters, according to the draft red herring prospectus (DRHP) filed on Saturday. Since the issue is an OFS, Mumbai-based Kusumgar will not receive any proceeds from it, and the funds will go entirely to the selling shareholders. Founded in 1990, the company is a manufacturer of woven, coated and laminated synthetic fabrics, referred to as engineered fabrics. It manufactures products primarily for aerospace and defence fabrics, industrial and automotive fabrics, and outdoor and lifestyle fabrics. The company, which has six manufacturing facilities in Gujarat and one fabrication unit in Uttar Pradesh, has posted revenue from operations of Rs 779 crore and net profit of Rs 112 crore for FY25. Axis Capital, IIFL Capital Services and Motilal Oswal Investment Advisors are th

Tata Capital IPO: Why this IPO matters | Price band, issue size, valuation & more | IPO review

Tata Capital, the Tata Group’s financial-services arm, opens its public subscription from October 6–8 with a price band of ₹310–₹326 per share.

Dhariwal Buildtech files DRHP for IPO, aims to raise ₹950-cr; check details

Dhariwal Buildtech plans to raise ₹950 crore through an entire fresh issue with no offer for sale (OFS) component

Advance Agrolife IPO to open on Sep 30: GMP up 10%; should you subscribe?

As investors await the launch of the public offering, here are the key details of the IPO that every investor should consider before applying for the public issue of Advance Agrolife

Tata Capital IPO to fetch ₹6,716-cr windfall for Tata Sons via share sale

This marks the conglomerate's first public market offering in nearly two years, following the successful listing of Tata Technologies in November 2024

WeWork India sets IPO price band at ₹615-648; check key details here

WeWork India has set the price band for its maiden public issue in the range of ₹615 to ₹648 per equity share

Fabtech Tech IPO opens today: Check price band, GMP, dates, other details

Fabtech Technologies IPO: Check price band, lot size, grey market premium (GMP), allotment date, listing date, and other key details here

Om Freight IPO opens today: Check price band, GMP, key dates, objective

Om Freight Forwarders has set the price band for its IPO in the range of ₹128 to ₹135, with a lot size of 111 shares

Glottis IPO opens today: Here's everything you need to know before applying

Glottis IPO: The market analysts remain broadly optimistic on the public issue of Glottis and have recommended the investors to subscribe to the issue for the long-term perspective

Suba Hotels raises ₹21 cr from anchor investors; IPO to open on Sep 29

According to the statement, the company allotted just over 1.91 million shares, worth ₹21 crore, to anchor investors at an issue price of ₹111 per share

SME listing euphoria fades in 2025 as regulatory oversight sharpens

37% close below issue price in debut trade in 2025 so far, against 9% last year