Page 9 - Ipos

MV Electrosystems IPO booked 101x so far, GMP at 26%: Last chance to apply

MV Electrosystems IPO GMP today is ₹112 apiece. This means that shares of MV Electrosystems are trading ₹537, up 26 per cent over the offer price.

Technocraft Ventures IPO opens Aug 7; price band set at ₹200-212

Technocraft Ventures IPO: Technocraft Ventures is a Noida-headquartered integrated public infrastructure development company. The price band for the offer has been fixed at ₹200-212 per equity share.

Battery Smart may file IPO papers in Sep-Oct, eyes 70-80% annual growth

Battery Smart, a battery-swapping network for electric two- and three-wheelers, is likely to file draft papers with Sebi in September or October as it looks to tap the capital markets through an initial public offering (IPO), people familiar with the matter said. The company has appointed SBI Capital Markets as the lead merchant banker for the proposed public issue, they said. "The filing of draft papers with Sebi is likely to take place around September or October, using FY26 and June quarter financials, which will remain valid till December 2026," one of the people cited above said. According to the people familiar with the development, Battery Smart is targeting annual growth of 70-80 per cent over the next three to five years, driven by deeper penetration in existing cities and expansion into new markets. Backed by investors, including Tiger Global, Blume Ventures, LeapFrog Investments, and Ecosystem Integrity Fund, the company achieved operational break-even in FY26 while ...

KKR-backed logistics firm LEAP India to launch $260 million IPO on Aug 7

The firm will sell ​shares in a price band ‌of ​₹151-₹159 apiece

India's IPO boom fades as weak market conditions force issuers to cut back

Companies have raised about $5.78 billion through public offerings so far in 2026, compared with $7.32 billion in the year-earlier period, according to data

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