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IPO News typically covers news related to upcoming IPOs, recent IPOs, and their performance in the stock market, including their opening and closing prices, trading volumes, and investor sentiments. It may also include insights and analysis from industry experts on the latest IPO trends, market conditions, and potential investment opportunities.
Hero FinCorp, the financial services division of two-wheeler manufacturer Hero MotoCorp, has raised Rs 260 crore in a pre-IPO placement round.
ArisInfra Solutions will launch its Rs 500 crore IPO from June 18–20, priced at Rs 210–222 per share. Backed by PharmEasy’s co-founder, the tech-driven B2B platform aims to use proceeds for working capital, tech upgrades, and expansion. Strong GMP indicates robust investor interest ahead of the June 25 listing.
Rayzon Solar, a solar panel manufacturer, plans to file papers with Sebi for its IPO. The IPO is worth approximately Rs 1,500 crore. The Surat-based company has hired investment banks to manage the public offering. The company aims to use the funds for expansion. Rayzon Solar is entering the market during a growth phase for domestic solar manufacturing.
Oswal Pumps IPO: As of 2:33 AM, Oswal Pumps' IPO had received bids for 48,72,168 shares against the 1,62,12,980 shares on offer. The highest demand so far has come from non-institutional investors (NIIs), who subscribed to 50% of their allotted portion. Retail investors subscribed 34%, whereas qualified institutional buyers (QIBs) subscribed 8%.
Fidelity has increased Lenskart's valuation to $6.1 billion, a 21% rise from its previous $5 billion valuation. The omnichannel eyewear retailer is preparing for a potential $1 billion IPO at a $10 billion valuation. Lenskart's FY24 net loss decreased significantly, while operating revenue and EBITDA saw substantial growth, highlighting its strong financial performance.
Aten Papers and Foam's IPO, featuring a fresh equity sale of 33 lakh shares, opened on June 13, aiming to raise Rs 31.68 crore. With a price band of Rs 91-96 per share, the IPO proceeds will fund capital expenditure, working capital, and general corporate needs. The company, a paper supply chain intermediary, saw revenue rise 43% to Rs 138.
Oswal Pumps launched its IPO on June 13, closing on June 17. The IPO price is Rs 584–614 per share. The company aims to raise funds through fresh shares and an offer for sale. Oswal Pumps already secured Rs 416 crore from anchor investors. The company manufactures solar pumps and related products.
Oswal Pumps is launching an IPO to raise funds for debt repayment and capital expenditure, while promoter stake will decrease. The company's revenue has grown, largely driven by government contracts under the PM-Kusum Scheme. However, increased collection time and working capital needs, along with reliance on a single scheme, suggest investors should monitor performance post-listing despite attractive valuation.
Oswal Pumps secured â‚ą416.2 crore from anchor investors before its IPO opening on June 13. The IPO includes fresh equity and an offer-for-sale totalling â‚ą1,387 crore. Strong interest came from top global and domestic institutional funds.
ArisInfra Solutions, a tech-driven B2B construction materials platform, will launch its Rs 499.59 crore IPO from June 18–20. Proceeds will fund working capital, tech upgrades, logistics, and expansion. The company simplifies bulk procurement for infrastructure clients via a digital interface.
Integrum Energy and Connplex Cinemas secured IPO approvals from BSE and NSE Emerge, respectively. Integrum plans to fund solar projects and expansion, while Connplex aims to enhance cinema infrastructure in smaller cities. Both firms reported strong FY24 financials, signaling growth potential.
Oswal Pumps will launch its IPO on June 13, aiming to raise over Rs 1,387 crore through a combination of fresh issue and offer for sale. The offer includes a fresh issue of 1.45 crore equity shares worth Rs 890 crore and a promoter-led OFS of 0.81 crore shares valued at Rs 497.34 crore.
After a slow start to the year, India’s IPO market is regaining momentum with over 30 companies tapping the markets in the last two months. More than 67 firms await SEBI approval to raise over Rs 1 lakh crore. Key listings in the pipeline include NSDL, HDB Financial, and Vikram Solar, with FY26 IPO fundraising projected to surpass Rs 2 lakh crore.
Gautam Adani's conglomerate intends to list its Adani Airports unit by March 2027, fueled by a massive $100 billion investment plan across its diverse businesses. This ambitious growth strategy involves spinning off and listing the airports unit, which manages eight airports nationwide.
Monolithisch India's SME IPO is now open for subscription, aiming to raise Rs 82.02 crore. The IPO will remain open until June 16. Shares will be listed on NSE SME with tentative listing date of June 19, 2025. The company plans to use the funds for expansion and working capital.
The Cayman Islands are emerging as a preferred destination for Indian software startups chasing global markets, offering greater flexibility in raising capital, whether from India or abroad. The self-governing British Overseas Territory is a “region of interest” for software-as-a-service (SaaS) companies scaling up their international ambitions.
Orkla India, known for brands like MTR, has filed for a full OFS IPO involving 2.28 crore shares. The company reported robust financial growth with strong margins and efficient operations, targeting India’s booming packaged food market.
The Bengaluru-based firm, backed by SoftBank Group Corp., is reportedly aiming to raise between $700 million and $800 million through the IPO, according to sources who requested anonymity due to the confidential nature of the information.
National Securities Depository Ltd. is moving forward with its IPO plans, aiming to raise approximately $400 million. The listing, approved last October, is expected to occur as early as July. The IPO consists of 50.1 million shares offered by major investors like IDBI Bank, National Stock Exchange of India, and State Bank of India.
Sacheerome’s IPO saw strong investor demand, with a GMP surge indicating a likely 40% premium listing. Subscribed over 60 times, the Rs 61.62 crore issue will fund a new plant. The company reported robust FY25 financials and plans expansion in the fragrance and flavour market.
ICICI Prudential Asset Management Co., a joint venture between Prudential Plc and ICICI Bank, is preparing to file preliminary documents for an IPO with the Indian regulator. The offering, potentially valued at $1.2 billion and valuing the firm at $12 billion, could be one of India's largest this year.
Pine Labs is preparing to file its DRHP with SEBI by the end of June, aiming for an IPO later this year to raise Rs 5,000-6,000 crore. The IPO could value the company at $4-5 billion. The company has appointed Axis Capital, JP Morgan, Morgan Stanley, Citi and Jefferies as bankers to the issue.
Orkla India, owner of MTR and Eastern brands, plans to launch an IPO. The company has submitted documents to Sebi for approval. The IPO involves an offer for sale of 2.28 crore shares by existing shareholders. Orkla Asia Pacific and Navas Meeran are among the selling shareholders. The company will not receive any funds from this IPO.
India's Raymond Realty, recently carved out from the namesake conglomerate, is on track to list in early July as the group looks to streamline its corporate structure, a top executive told Reuters on Tuesday.
The Rs 61.62 crore Sacheerome IPO consists entirely of a fresh issue of 60.41 lakh shares. Retail investors must apply for a minimum of 1,200 shares, translating to an investment of at least Rs 1,22,400. The issue opened for subscription on June 9 and will close on June 11.
IPO approvals have been granted to four companies: Kent RO Systems, Vidya Wires, Karamtara Engineering, and Mangal Electrical Industries. Their planned public offerings, comprising a combination of fresh issues and offers for sale, represent a diverse range of sectors—including water purifiers, kitchen appliances, transformers, and specialty wires.
Jainik Power Cables has launched its ₹51.3 crore IPO, open for subscription from June 11 to June 12, with a price band of ₹100–110 per share.
Oswal Pumps has set the price band for its Rs 1,387.34 crore IPO at Rs 584–614 per share. The issue opens on June 13 and includes a fresh issue of Rs 890 crore and a Rs 497.34 crore OFS by promoter Vivek Gupta. Anchor bidding starts June 12, and the allotment is expected by June 18, with listing on June 20.
Jainik Power Cables' â‚ą51.30 crore SME IPO opens today, aiming to fund expansion, working capital, and loan repayment, with shares set to list on NSE SME by June 17.
Headquartered in Ranchi, Monolithisch India Limited, the manufacturer of specialized ramming mass has announced the launch of its Initial Public Offering (IPO) on the NSE Emerge platform.
Sacheerome IPO opened to strong demand, receiving a 2.35 times overall subscription on Day 1, led by robust retail participation at 3.68 times. The Rs 61.62 crore issue is priced between Rs 96-102 per share, with a GMP of Rs 30, indicating a 29% premium. The IPO closes on June 11, backed by exports to the Middle East and Africa.
Oswal Pumps has filed a draft red herring prospectus with SEBI to raise up to Rs 890 crore via IPO, comprising a fresh issue and an OFS by promoter Vivek Gupta. The Karnal-based pump and solar solutions maker plans to list on BSE and NSE, with the issue opening for public subscription from June 13 to June 17.
Lalithaa Jewellery Mart, a prominent South Indian jewellery retailer, has filed its DRHP with SEBI to raise Rs 1,700 crore through an IPO. The IPO includes a fresh issue and an offer-for-sale, with proceeds aimed at expanding its store network across India.
India’s primary market momentum continues in the week starting June 9, with four IPOs aiming to raise over Rs 300 crore. Companies from manufacturing, engineering, and chemicals will list across BSE, NSE, and SME platforms. Amid cautious optimism and market volatility, investor response to these offerings could set the tone for the rest of June.
M1xchange a leading RBI-licensed Trade Receivables Discounting System (TReDS) platform, which is witnessing an 80-90 per cent annual growth in business, is planning to go public in the next 3-5 years.
Gaja Capital has raised Rs 125 crore in a pre-IPO round from long-term investors including SBI Life, HDFC Life, Enam, and Jagdish Master, valuing the firm at Rs 1,625 crore. It aims to become India’s first listed standalone private equity firm. The funds will help seed new funds, expand distribution, and explore new strategies, marking a milestone for alternative asset management in India.
The Rs 33-crore IPO of Ganga Bath Fittings, manufacturer of bathroom accessories, opened for subscription on Wednesday.
Ganga Bath Fittings launched its IPO on June 4, aiming to raise Rs 32.65 crore through a fresh issue of shares, with listing planned on NSE SME. The company, known for its bathroom accessories under brands like Ganga and Glimpse, will use IPO proceeds for expansion and debt repayment.
Foreign portfolio investors are showing caution in the Indian primary market. IPO investments are down compared to last year. However, the average IPO size has doubled. FPIs are now selective, focusing on new-age tech companies. Secondary market investments rebounded in May. Overall, FPIs were net sellers in the first five months of 2025, despite recent inflows.
HDB Financial Services, along with five other companies, has received Sebi's approval for their IPOs. HDB Financial's â‚ą12,500-crore IPO includes a fresh issue and an offer for sale, aiming to boost its tier-I capital. As an upper-layer NBFC, HDB Financial must list by September 2025 per RBI rules. Vikram Solar, A-One Steels India, and others also got the green light.
Sebi has approved IPOs of six companies from sectors like renewable energy, finance, steel, chemicals, jewelry, and logistics. Notable names include Vikram Solar, HDB Financial, and A-One Steels, reflecting a strong IPO pipeline and diversified market interest.
Aequs, an Indian contract manufacturer for aerospace and consumer goods, has confidentially filed draft papers with SEBI to raise approximately USD 200 million through an IPO. The offering includes both fresh equity shares and an Offer For Sale component. Kotak Mahindra Capital, JM Financial, and IIFL Capital will manage the IPO.
The IPO consisted solely of a fresh issue totalling 27.90 lakh shares. The funds raised will support a range of expansion initiatives, such as securing registration in Bolivia, establishing an export-focused ointment manufacturing facility, investing in advertising and technology enhancements, meeting working capital needs, and addressing general corporate requirements.
The IPO, open from May 27 to May 29, sought to raise Rs 168 crore through a full fresh issue. It garnered strong investor interest, particularly from HNIs and retail participants. Exchange data shows the issue was subscribed to 12.61 times overall, reflecting solid demand across categories.
Ganga Bath Fittings will open its Rs 32.65 crore IPO on June 4, 2025, with listing planned on NSE Emerge. Funds will support machinery purchases, debt repayment, and expansion.
Neptune Petrochemicals' Rs 73.20 crore IPO allotment is expected later today, following a subscription of 4.11 times. The IPO was priced at Rs 122 per share, with listing on NSE SME scheduled for June 4. Proceeds will fund expansion, office space, and working capital, as the company reported a PAT of Rs 19.47 crore.
Scoda Tubes' â‚ą220 crore IPO allotment will be finalised today, following a strong 57.37x overall subscription. Investors can check allotment status via Link Intime or the BSE websites. The stock will list on June 4, with a GMP of â‚ą20, suggesting a potential 15% listing gain. Proceeds will support capacity expansion, working capital, and general corporate needs.
Belagavi-based Aequs, a diversified contract manufacturer, has confidentially filed a draft RHP with SEBI to raise $200 million through an IPO. The IPO will include both fresh equity shares and an offer for sale by existing investors like Amicus Capital and Catamaran. Aequs operates manufacturing facilities in India, the US, and France, producing components for companies like Apple.
Aegis Vopak Terminals and Schloss Bangalore debut on June 2 with muted investor sentiment. Both IPOs saw modest GMPs and were driven mainly by institutional interest. Retail participation remained weak. Proceeds will be used for debt repayment and expansion plans.
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