BUSINESS
Bankers earn Rs 474 crore on Lenskart, Groww, PhysicsWallah, Pine Labs' D-St debut
The four IPOs, which together mobilised Rs 21,290 crore last week, saw Groww emerge as the highest spender on banker fees at more than Rs 151 crore
INDIA
Groww founder Lalit Keshre, a farmer’s son, becomes billionaire after stellar IPO
Keshre currently holds 55.91 crore shares, representing a 9.06 percent stake in Groww. With the stock trading at record Rs 169 a share, his holding is valued at Rs 9448 crore, placing him around the $1 billion mark.
BUSINESS
MFs invest over Rs 13,500 crore across 10 IPOs in Oct
Canara HSBC Life leads with heavy mutual fund demand, while Tata Capital and Lenskart draw muted interest in a mixed month for primary markets
BUSINESS
Peak XV strikes gold with Groww, Pine Labs: Rs 350 crore bet delivers Rs 22,600 crore outcome
With this, Peak XV will rank among the most successful VC firms in terms of exits, as it stands to gain over $2.6 billion, with several of its portfolio companies, including Meesho and Wakefit, expected to go public in the coming years.
INDIA
India Inc signals turnaround with strong Q2 sales
September quarter shows decisive uptick in revenues and profits, fuelling hopes that the corporate earnings slump has bottomed out.
INDIA
InterGlobe Aviation likely to join Sensex in December rebalancing; Grasim also in race
InterGlobe Aviation set to soar into Sensex in December reshuffle; Grasim may also find a seat as Tata Motors faces likely exit post demerger.
INDIA
Insurance, NPS pump record Rs 1 lakh crore into Indian equities in 2025 so far
Record Rs1 lakh crore equity infusion by insurance and pension funds underscores deepening domestic participation
BUSINESS
MF sector unlocks new milestone as equity assets cross Rs 50 lakh crore mark for first time
The AUC stood at Rs 50.83 lakh crore, marking a record high and a sharp 30 percent rise from the February low of Rs 39.21 lakh crore
INDIA
France, US, Germany power FPI comeback in October
After three months of exits, FPIs pour back into India — France, US and Germany drive rebound across equities and debt
INDIA
India's Gold ETFs draw $850 million in October, second highest in Asia
So far this year, inflows into Indian gold ETFs have reached a record $3.05 billion, with assets under management rising to $11.3 billion
INDIA
India Inc's half time scorecard: Earnings upgrades outpace downgrades
So far, 27 Nifty companies have announced their earnings for the September quarter, reporting year-on-year growth of 9 percent in sales, 8 percent in EBITDA
BUSINESS
PhysicsWallah founders Alakh Pandey and Prateek Boob join billionaire club ahead of IPO
Among institutional investors, WestBridge AIF holds 16.8 crore shares or 6.4 percent stake, valued at Rs 1,820 crore
INDIA
LIC lifts stakes in SBI, Coal India, Sun Pharma, HCL; cuts exposure in HDFC Bank, ICICI Bank
Among newly added stocks, BSE Ltd topped the list, with LIC purchasing 2.28 crore shares valued at Rs 4,637 crore.
STARTUP
Oyo rolls back controversial 6,000:1 bonus share plan after backlash
After drawing criticism over its complicated bonus ballot, PRISM, the parent of Oyo, has withdrawn the plan and promised a fresh, transparent version for all shareholders — signalling a course correction before its market debut.
BUSINESS
Pine Labs sets IPO band 26% below grey market peak; promoters, investors reap multibagger gains
Early backers hit jackpot, late entrants hit turbulence as Pine Labs prices offering below grey-market peak.
BUSINESS
October sees sharp dip in SME IPO activity; Rs 219 crore raised from six issues
A sharp pause follows months of heavy action in the SME lane, as timelines reset and issuers regroup after September’s listing frenzy.
INDIA
Rumour-fuelled rally sends RRP Semiconductor up 66,500%; Rajendra Chodankar turns billionaire
A little-known investor, a rebranded firm and a sky-high valuation — the rally raising eyebrows across India’s markets.
BUSINESS
India logs busiest IPO month ever as October fundraising hits record Rs 46,000 crore
October’s tally surpassed the previous record set in October 2024, when 6 IPOs raised Rs 38,690 crore. The third-highest month remains November 2021, which saw 9 IPOs raising Rs 35,665 crore, followed by November 2024 with 8 IPOs raising Rs 31,145 crore
INDIA
Sunil Singhania’s Abakkus fund adds six new stocks, trims stakes in three during Q2
As of the September quarter, Singhania’s fund held 26 listed stocks valued at Rs 2,345 crore, compared to 20 stocks worth Rs 2,690 crore in the previous quarter — a decline of nearly 13 percent
INDIA
Groww founders, early investors set for multi-bagger payday as IPO values firm at Rs 61,700 crore
Bengaluru fintech fixes price band at Rs 95–100; issue opens November 4, valuing firm at Rs 61,735 crore
INDIA
Investor Ashish Kacholia rejigs portfolio amid market volatility in September quarter
As of the September quarter, Kacholia held 48 stocks valued at Rs 2,727 crore, compared to 35 stocks worth Rs 2,774 crore in the June quarter.
INDIA
Mukul Agrawal expands holdings with 10 fresh buys, exits four counters
Mukul Agrawal widens his investment horizon with fresh buys across mid-cap and emerging sectors, while rebalancing key holdings.
BUSINESS
Lenskart gold rush: Who’s making how much from India’s eyewear unicorn’s mega IPO
SoftBank, Temasek, and Kedaara Capital among top gainers as IPO price band fixed at Rs 382–402 per share.
BUSINESS
After record selling in secondary market, FIIs turn choosy in IPOs
FII inflows into IPOs drop 55 percent in 2025 amid sustained selling in secondary markets and rising global investment avenues.
