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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.
Advanced Sys-Tek Ltd has sought Sebi's approval for an IPO to raise Rs 115 crore and an OFS of 15.27 lakh shares by promoters Mukesh R Kapadia and Umed Amarchand Fifadra. The funds will support capital expenditure, long-term working capital, and general corporate purposes. Specializing in industrial automation, the company has completed over 200 installations globally.
SBI Funds Management has invested Rs 212 crore in Ajax Engineering, acquiring 27.02 lakh shares through SBI Magnum Children's Benefit Fund and SBI Infrastructure Fund ahead of the latter's IPO. Ajax Engineering's IPO, valued at Rs 1,269 crore, will open for subscription from February 10 to 12 with a price band of Rs 599 to Rs 629 per share.
Juniper Green Energy IPO: Juniper Green Energy plans a ₹3,000 crore IPO by mid-2025, backed by AT Capital and Vitol. With 1GW operational and 3GW under construction, the company seeks funding to expand its renewable energy portfolio beyond 6GW.
Amwill Healthcare’s SME IPO was fully subscribed 1.68 times by the final bidding day. The retail portion saw 2.41x demand, while QIBs subscribed 2.19x. The IPO price band is Rs 105-111, with allotment on February 10 and listing on February 12. The company operates in the growing derma-cosmetic segment.
Eleganz Interiors' SME IPO opens for subscription today, planning to raise approximately Rs 78 crore through fresh equity sale of 60.05 lakh shares. The issue price is set between Rs 123-130 per share, with bids open until February 11. Funds will be used for debt repayment, working capital, and corporate purposes.
Ken Enterprises' IPO, which opened on February 5, has been oversubscribed 2.5 times by February 6. The company aims to raise Rs 83.65 crore with a price band of Rs 94 per share. With a GMP of 18%, the IPO proceeds will fund acquisitions, capital expenditure, and working capital. Ken Enterprises specializes in textile manufacturing for global brands.
Amwill Healthcare’s SME IPO, which opened on February 6, was fully subscribed by February 7, with retail, non-institutional, and QIB segments showing strong demand. The IPO has a price band of Rs 105-111 per share, with a GMP of Rs 5-6. Amwill, a derma-cosmetic firm, reported revenue of Rs 23.15 crore and profit of Rs 6.51 crore.
Hexaware Technologies IPO: The IPO is a complete Offer for Sale (OFS), with promoter Carlyle selling its stake. After the IPO, Carlyle's ownership will decrease to 74.1% from the current 95%.
Solarium Green Energy launches its IPO to raise around Rs 105 crore, with a price band of Rs 181-191 per share. The IPO is entirely a fresh equity sale and aims to fund working capital and corporate purposes. The share allotment is expected on February 11, and listing on February 13.
Readymix Construction Machinery's IPO opens for bidding today with a fresh equity sale of Rs 54.99 lakh shares, priced at Rs 121-123 per share. Funds will be utilized for debt repayment, working capital, and corporate purposes. Share allotment will be finalized on Feb 11, and listing is expected on Feb 13.
Ken Enterprises’ IPO, opening today, aims to raise Rs 83.65 crore through 61.99 lakh fresh shares and 27 lakh shares via an offer for sale. The fixed price is Rs 94 per share. Proceeds will fund acquisitions, machinery purchases, and facility renovations. The IPO is listed on the NSE Emerge platform with a listing date of February 12.
The IPO of Ajax Engineering, a concrete equipment manufacturer, will open for public subscription on February 10, with a price band of Rs 599-629 per share. The offering consists solely of an offer-for-sale of 2.01 crore equity shares, with proceeds allocated to selling shareholders. Key sellers include Kedaara Capital, Krishnaswamy Vijay, and others.
Amwill Healthcare's IPO launched with an overall subscription reaching 21% on the first day. The IPO includes fresh equity worth Rs 49 crore and OFS of Rs 11 crore. The GMP stood at Rs 14, a 12.6% premium. The retail segment was subscribed at 39%, non-institutional at 14%, while institutional buyers made no bids yet.
As of June 30, 2024, Brigade Hotel Ventures is recognized as the second-largest owner of chain-affiliated hotels and rooms in South India among major private hotel asset owners with at least 500 rooms pan-India.
The company aims to raise approximately Rs 15 crore through this IPO, offering 29.19 lakh fresh equity shares. The issue is open for bidding until February 6. The proceeds will be used for capital expenditure, including acquiring new testing kits and equipment, strengthening working capital, repaying debt, and supporting general corporate purposes.
Chamunda Electricals launches an IPO today aiming to raise Rs 15 crore with a fresh equity sale of 29.19 lakh shares. The price band is set at Rs 47-50 per share. Proceeds will be used for capital expenditure, debt repayment, and more. The company specializes in substation and solar power services.
Solarium Green Energy IPO: Solarium Green Energy’s ₹105.04 crore SME IPO opens on February 6, with shares priced at ₹181-191. Funds will support working capital and corporate expenses. Listing on BSE SME is set for February 13, with no grey market premium currently observed.
Veeda Clinical Research: Veeda Clinical Research has refiled its IPO papers with SEBI, planning to raise funds through a fresh issue and offer-for-sale. The proceeds will support capital expenditure, subsidiary investments, debt repayment, and business growth. The IPO will follow a book-building process.
CX Partners backed Veeda Clinical Research, a full-service contract research organization (CRO) has refiled its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) to raise funds through Initial Public Offering (IPO), sources told ET.
Chamunda Electricals IPO: GYR Capital Advisors Private Limited is the book-running lead manager for Chamunda Electricals' IPO, with Kfin Technologies Limited as the registrar. The proceeds will fund capital expenditure for new testing kits and equipment, working capital needs, loan repayments, general corporate purposes, and issue expenses, supporting the company’s growth and financial stability.
Malpani Pipes and Fittings' IPO allotment will be finalized today, with a subscription over 140 times due to high demand from non-institutional investors. Investors can check allotment status via BSE or Link Intime India. The IPO, priced at Rs 90, aims to fund machinery purchases, debt repayment, working capital, and corporate purposes.
Dr Agarwal's Healthcare IPO, subscribed just over 1.4 times, will finalize its share allotment later today. Investors can check allotment status via BSE or Kfin Technologies' website. With a modest GMP of Rs 1.5, the listing is set for February 5. The company, India's largest eye care chain, saw significant growth in revenue and EBITDA for FY24.
As per the DRHP, Embassy Buildcon plans to sell up to 33.46 million shares, while Ariel Way Tenant, through which WeWork Inc holds stake in the Indian company, is seeking to offer about 10.3 million shares.
The Indian franchisee of U.S. shared office space manager WeWork has filed for an initial public offering in Mumbai, draft papers filed by the company showed.
India led global IPOs in 2024, driven by strong economic fundamentals and retail investor participation. In 2025–26, domestic investors, sponsor-backed firms, MNC listings, and profitability-focused startups will shape the IPO landscape. Regulatory scrutiny will rise, pricing windows will shorten, and volatility may impact execution. Strategic planning will be key for successful IPOs.
Biocon plans to list its biosimilars business by March 2026 and aims for a double-digit market share in the U.S. for five new biosimilars launching next fiscal year. The U.S. market, already significant for Biocon, is set to increase with new products in diabetes, oncology, and immunotherapy.
Malpani Pipes IPO: Ahead of listing, Malpani Pipes And Fittings' shares traded at a Rs 10-11 GMP on Friday, an 11% premium over the Rs 90 IPO price band. Net IPO proceeds will fund capital expenditure on plant and machinery, debt repayment, and general corporate purposes, supporting the company's growth and financial stability.
Dr. Agarwal's Healthcare IPO: The retail portion was subscribed 29%, while non-institutional investors subscribed 17%. Meanwhile, qualified institutional buyers (QIBs) subscribed 2.44 times their allocated portion.
HM Electro Mech shares debuted with an 8% premium on the BSE SME platform, listing at Rs 81 against the issue price of Rs 75. The IPO saw substantial interest, being oversubscribed by 91 times. Proceeds from the IPO will be used for working capital needs and corporate purposes.
GB Logistics Commerce's IPO grey market premium stands at 16% ahead of its BSE SME listing, reflecting strong investor interest with the issue subscribed over 180 times. The company plans to use the IPO funds for debt repayment, working capital, and purchasing truck equipment.
Cremica Foods is among at least half a dozen companies in the consumer space that have either filed for a stock market listing or are in the process of finalising plans for doing so. They include premium alcohol importer Monika Alcobev, Wai Wai noodle maker CG Foods, B9 Beverages, Wow! Momo and Ganesh Consumer.
Of the 21 IPOs since December 1, 19 shares returned between 9% and 160% on their debut. After the positive start, 17 are trading below their opening prices.
Bankers and brokers said a chunk of these shares could flood the market as various investors would look to book profits with the stock market precariously perched.
Ahead of its listing, Dr Agarwal's Healthcare's shares traded at a GMP of Rs 5 on Thursday, reflecting a 1.2% premium over the IPO's upper price band of Rs 402. The GMP has been declining, dropping from Rs 12 earlier to Rs 8 on Wednesday and now Rs 5.
Shares of CLN Energy debuted on the BSE SME platform at a 2.4% premium, listing at Rs 256 over its IPO price of Rs 250. The company plans to use the net proceeds from its IPO to purchase machinery, fund working capital, and for general corporate purposes.
Dr. Agarwal's Healthcare IPO opened for subscription with a 6% subscription on day one. The issue, valued at Rs 3,027 crore, has a 9% subscription in the retail portion and 4% in the non-institutional segment. Analysts recommend a long-term subscription despite premium valuations. The company holds a 25% market share in India’s eye care services industry and is poised for growth.
While last year’s impressive rally in Indian shares has lost momentum, with the Nifty 50 experiencing its worst monthly losing streak since 2001 amid concerns over slowing economic and earnings growth, demand for new equity offerings remains strong. The securities regulator is currently processing over 60 IPO applications, indicating continued investor interest.
Malpani Pipes And Fittings IPO opened for subscription, aiming to raise around Rs 26 crore. The IPO price band is fixed at Rs 85-90 apiece, and the issue will be available for bidding until January 31. The net proceeds will be used for capital expenditure and debt repayment.
Rexpro Enterprises' shares will debut on the NSE SME platform, expecting a 6% listing premium. The company plans to use public offer proceeds for purchasing equipment, factory renovation, and working capital. As a diversified manufacturer, Rexpro produces fixtures for retailers, institutional furniture, sound barriers, metro station doors, and warehousing systems.
Dr Agarwal's Healthcare IPO is now open for subscription, with a price range of Rs 382-402 per share. Despite a significant OFS component and rich pricing, analysts recommend investing for the long term. The company commands a 25% market share in India's eye care service market, benefiting from industry growth projections.
Dr Agarwal's Health Care raised ₹875.5 crore on Tuesday from 43 anchor investors, ahead of its IPO. The company sold 21.7 million shares at ₹402 apiece.
Hero Future's 5.2 gigawatt of renewable power generation assets are largely concentrated in India, but it has expanded to the UK, Ukraine, Singapore, Vietnam and Bangladesh.
Dr Agarwal's Health Care has raised Rs 875 crore from anchor investors in anticipation of its IPO on January 29. Allocated at Rs 402 per share, the IPO includes a Rs 300 crore fresh issue and a sale of 67,842,284 equity shares. Funds will be used for debt repayment, corporate purposes, and acquisitions.
Quick commerce company Zepto has completed a reverse flip from Singapore to India to become an Indian parent's entity ahead of its proposed IPO.
Chanakya Opportunities Fund I, StepTrade Share Services' maiden fund, has invested in Patna-based NNT Developers Private Limited as part of a Rs 15 crore pre-IPO round alongside other investors.
Dr Agarwal's Health Care IPO, opening Wednesday, aims to raise ₹3,027 crore. Offering advanced eye care services, the company plans to utilize funds for debt repayment, acquisitions, and corporate purposes. The price band is ₹382-₹402.
CLN Energy finalises IPO share allotment today. Investors can check allotment status on BSE and Bigshare Services websites using their application or PAN number. The company's stock is predicted to have a flattish to negative listing. CLN Energy manufactures lithium-ion batteries and EV components, experiencing substantial revenue growth. The global lithium-ion battery market is projected to grow significantly.
Dr Agarwal Healthcare IPO opens January 29 at ₹382-402 per share. GMP trends lower at ₹15, signaling a 4% premium. High OFS component dampens growth prospects for the ₹3,027 crore issue.
CLN Energy's SME IPO was subscribed 3.34 times by January 27, with the retail portion oversubscribed 4.92 times. The company aims to raise Rs 72 crore, with shares priced between Rs 235-250. Proceeds will fund machinery, working capital, and corporate needs. The IPO closes on January 27, with allotment on January 28 and listing on January 30.
HM Electro Mech IPO comprises 36.99 lakh fresh equity shares, targeting Rs 28 crore at a price of Rs 71-75 per share. Investors can bid in lots of 1,600 shares. The offer opened on January 24 and closes on January 28, with final allotment expected on January 29. Shares are scheduled to list on January 31.
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