Page 2 - Stock Market Listing

Bumper debut! PhysicsWallah lists at 33% premium, beats GMP forecasts

PhysicsWallah share price: On the BSE, the PhysicsWallah shares opened at ₹143.1, a premium of 31.2 per cent

Lenskart lists flat after volatile debut; valuation debate lingers

Eyewear retailer Lenskart's stock fluctuated sharply on listing day, ending nearly unchanged as investors weighed its steep valuation and long-term growth potential

Cognizant looking to list on Indian exchanges, says IT firm's senior exec

Cognizant CFO Jatin Dalal said the company is evaluating a primary offering and secondary listing in India, potentially becoming the first foreign IT major to list on Indian bourses

Eyewear retailer Lenskart promoters set to cash in on $830 million IPO

SoftBank-backed eyewear giant aims for $8 billion valuation as co-founders and early investors book multibillion-rupee gains

Five firms, including Milky Mist and Curefoods, get Sebi IPO approval

As many as five firms, including dairy products maker Milky Mist Dairy Food, cloud kitchens operator Curefoods India, have secured Sebi's approval to raise funds through initial public offerings (IPO), an update with the markets regulator showed on Monday. Others that received regulatory approval are industrial steam and gas supplier Steamhouse India, Gaja Alternative Asset Management Ltd, which operates under the brand Gaja Capital, and cement manufacturing company Kanodia Cement. All five companies, which filed their preliminary IPO papers with Sebi between May and July, obtained its observations during October 14 to 24, the update showed. In regulatory terms, Sebi's observation is equivalent to clearance for launching a public issue. The approval comes at a time when the Indian market is experiencing a boom in primary market activity. In 2025, a total of 84 companies have already tapped the mainboard market through maiden public offerings, and two issues, including eyewear retai

IPO frenzy ahead as over a dozen firms plan to raise ₹2.6 trillion

The primary market remains buoyant, with more than a dozen companies gearing up to launch their initial public offerings (IPOs) in the coming months, aiming to raise about Rs 2.6 lakh crore (nearly USD 28 billion), Chirag Setalvad, Fund Manager at HDFC Mutual Fund, said on Friday. Of this, Tata Capital, LG Electronics India, and WeWork India Management have already raised around Rs 30,000 crore collectively. The upcoming line-up includes prominent names such as PhonePe, ICICI Prudential AMC, Lenskart, Groww, Inox Clean Energy, Pine Labs, Credila, Clean Max Enviro, Dorf Ketal Chemicals, Fractal Analytics, Meesho, SMPP, and Yashoda Hospitals, he said in a webinar. So far this year, 81 companies have debuted on the stock exchanges, with nearly three dozen listings taking place in September and October alone, highlighting the depth of activity in the primary market. The robust activity comes on the back of a solid 2024, when 91 public issues collectively mobilised Rs 1.6 lakh crore, ..

Making a beeline: IPO filing tally nears 200 this year, most in 3 decades

Number of applications surpasses combined submissions in first nine months of 2023 and 2024

Tata Capital raises ₹4,641 crore from anchor investors ahead of IPO

Tata Capital secured Rs 4,641 crore from anchor investors including LIC, mutual funds and global institutions ahead of its Rs 15,512-crore IPO, the largest-ever NBFC issue

Fabtech Technologies IPO receives 70% subscription on first day of issue

The initial public offer of Fabtech Technologies Ltd, a turnkey engineering solutions provider for the pharmaceuticals, biotech and healthcare industry, received 70 per cent subscription on the first day of the share sale on Monday. The IPO got bids for 84,20,325 shares against 1,20,60,000 shares on offer, according to NSE data. The quota for qualified institutional buyers (QIBs) was subscribed 77 per cent, and the retail individual investors (RIIs) category received 70 per cent bidding. The portion meant for non-institutional investors attracted 46 per cent subscription. Fabtech Technologies has fixed a price band of Rs 181-191 per share for its Rs 230-crore initial public offering (IPO). The initial share sale will conclude on October 1. The company's IPO is entirely a fresh issue of up to 1.2 crore equity shares worth Rs 230 crore at the upper end of the price band. Proceeds from the IPO will be used for funding the working capital requirements of the company, pursuing inorgan

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

GK Energy's ₹464-crore IPO gets 89.62 times subscription by final day

The initial public offer of GK Energy Ltd, a solar-powered agricultural water pump systems provider, received a whopping 89.62 times subscription as it drew to a close on Tuesday. The Rs 464-crore IPO got bids for 1,98,77,78,982 shares against 2,21,80,828 shares on offer, as per data available with the NSE. The portion for Qualified Institutional Buyers (QIBs) got subscribed a huge 186.29 times. The component meant for non-institutional investors attracted 122.73 times subscription. Retail Individual Investors (RIIs) category received 20.79 times subscription. GK Energy on Thursday said it has collected over Rs 139 crore from anchor investors. The price band has been fixed at Rs 145-153 per share. The Pune-based firm's offering is a combination of fresh issue of shares worth Rs 400 crore and an offer-for-sale (OFS) of 42 lakh equity shares, worth Rs 64.26 crore at the upper end, by selling shareholders. Proceeds from the fresh issue to the extent of Rs 322.5 crore will be utilise

TechD Cybersecurity sets IPO price band at ₹183-193/share for ₹39 crore IPO

Vijay Kedia-backed TechD Cybersecurity on Tuesday said it has fixed the price band at Rs 183-193 per share for nearly Rs 39-crore IPO which will open for public subscription on September 15. The initial public offering (IPO) will conclude on September 17. The bidding for anchor investors will open for a day on September 12, according to the red herring prospectus (RHP) filed on Monday. The public issue is entirely a fresh issue a little over 20.20 lakh equity shares aggregating to Rs 38.99 crore. Proceeds from the fresh issue to the tune of Rs 26.09 crore will be used towards investment in human resources, Rs 5.89 crore for capital expenditure for setting up global security operation centre at Ahmedabad and balance for general corporate purposes. "Through this IPO, we aim to accelerate our global expansion into North America, the Middle East, Africa, and Australia, while positioning Gujarat as the cybersecurity capital of India," Sunny Vaghela, Chairman and MD of TechD Cybersecurit

Listing a reality, possible in 12-18 months: Classic Legends MD Thareja

The public listing of Mahindra group-backed Classic Legends, the maker of iconic brands Yezdi, Jawa and BSA, is a reality, and a timeline of 12-18 months is a possibility, as it seeks to create a credible mid-market global brand, according to its MD and co-founder Anupam Thareja. The company -- which has an R&D centre for electric vehicles in the UK, supported by the government there -- is ready with its electric motorcycle, but will launch it only when the market is ready, especially in terms of charging infrastructure, he told PTI. When asked if a public listing of Classic Legends is on the distant horizon, Thareja said, "Not at all. In fact, you will be happy and surprised that we just gave stock options...We also have investors in this company. So listing is a reality, and it has nothing to do with unlocking shareholder value. It is the way this is constructed. This is a global company we are creating". Stressing that the company chose to launch the BSA brand first in the UK ..

Lenskart files for IPO to raise ₹2,150 crore, eyes valuation of $10 billion

SoftBank-backed Lenskart plans to raise Rs 2,150 crore through IPO to expand CoCo stores, tech infrastructure, and branding amid rising Asian demand for prescription eyewear

With halved gains & shaky sentiment, IPOs struggle to attract retail, HNIs

Market watchers link the pullback to underwhelming listing-day performance and the lack of big-name IPOs

IPOs mark a new era for India's hospitality industry with scale, ambition

In the past two months, international chains have announced aggressive expansion plans for India. Most plan to open 100-300 hotels in the next five years, said analysts at Elara Capital

Ellenbarrie Industrial shares list at 23% premium on BSE, top GMP trend

Prior to the listing, the company's shares were commanding a grey market premium (GMP) of ₹57, or 14.25 per cent, with unofficial trading quoting the stock at ₹457 apiece, according to market sources.

Jainik Power makes negative D-Street debut; shares list at 25% discount

Jainik Power & Cables listing today: The company's stock listed at ₹82 on the NSE SME platform, down over 25 per cent from the issue price of ₹110 per share

Indian realty companies building up over Rs 15,000 crore IPO pipeline

Robust housing sales growth after the pandemic has prompted leading developers to unleash relevant inventory across markets, experts said

3B Films stock lists at 3% discount on BSE SME, misses GMP estimates

3B Films IPO listing: Post listing, the shares of 3B Films fell around 5 per cent to ₹46.08.