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  • Hillhouse Investment-backed Elevate Campuses plans Rs 2,550 crore IPO to tap capital markets, files draft papers

    Hillhouse Investment-backed Elevate Campuses plans Rs 2,550 crore IPO to tap capital markets, files draft papers

    Elevate Campuses IPO | The initial public offering consists of entirely fresh issue by the company with no offer-for-sale component.

  • Water utility firm Vishvaraj Environment files draft paper for Rs 2,250 crore IPO

    Water utility firm Vishvaraj Environment files draft paper for Rs 2,250 crore IPO

    Vishvaraj Environment IPO | The company proposed to issue fresh shares worth Rs 1,250 crore, while only promoter entity Premier Financial Services plans to offload Rs 1,000 crore worth shares via offer-for-sale.

  • Fabtech Technologies IPO subscribed 70% on Day 1; check latest GMP

    Fabtech Technologies IPO subscribed 70% on Day 1; check latest GMP

    The Mumbai-based company's Rs 230-crore IPO will conclude on October 1

  • Glottis IPO subscribed 42% on Day 1 so far; check latest GMP

    Glottis IPO subscribed 42% on Day 1 so far; check latest GMP

    Logistics service provider Glottis said on September 26 that it has mobilised a little over Rs 55 crore from anchor investors

  • OPINION | IPO Journeys: No standard blueprint applies

    OPINION | IPO Journeys: No standard blueprint applies

    It can be tempting to draw parallels and make comparisons between prominent companies, especially those under the same corporate umbrella. For example, while evaluating the IPO prospects of PhonePe (which has filed for a mega Rs 12,000 crore IPO), versus Flipkart, such direct comparisons can be misleading. These two entities, despite their shared Walmart parentage, operate on fundamentally different business models 

  • Lupin to acquire VISUfarma for euro 190 million, expanding European specialty footprint

    Lupin to acquire VISUfarma for euro 190 million, expanding European specialty footprint

    In 2024, VISUfarma, backed by GHO Capital, reported a revenue of 48.1 million. It operates in all major European markets, including Italy, the UK, Spain, Germany, and France

  • Dhariwal Buildtech files draft papers as it plans to raise Rs 950 crore via IPO

    Dhariwal Buildtech files draft papers as it plans to raise Rs 950 crore via IPO

    Dhariwal Buildtech IPO | The public issue comprises of entirely fresh issue with no offer-for-sale component.

  • Laser Power & Infra files draft papers to raise Rs 1,200 crore via IPO

    Laser Power & Infra files draft papers to raise Rs 1,200 crore via IPO

    Laser Power & Infra IPO | The company proposed to issue fresh shares worth Rs 800 crore, while promoters will sell shares amounting to Rs 400 crore via offer-for-sale.

  • WeWork India to float Rs 3,000 crore IPO on October 3

    WeWork India to float Rs 3,000 crore IPO on October 3

    As per the draft papers, the proposed IPO is entirely an Offer for Sale (OFS) of up to 4.63 crore equity shares.

  • Bombay Coated and Special Steels plans to tap capital markets, files IPO papers to fund debt reduction

    Bombay Coated and Special Steels plans to tap capital markets, files IPO papers to fund debt reduction

    Bombay Coated and Special Steels IPO | The company proposed to raise entire funds by issuing 1.5 crore new shares with no offer-for-sale component.

  • Kusumgar files IPO papers for Rs 650-crore fundraise, entirely via offer for sale

    Kusumgar files IPO papers for Rs 650-crore fundraise, entirely via offer for sale

    Kusumgar IPO | The public issue comprises of entirely an offer-for-sale by promoters, with no fresh issue component.

  • British Indian entrepreneur bats for bamboo to make cricket more affordable, accessible

    British Indian entrepreneur bats for bamboo to make cricket more affordable, accessible

    A University of Cambridge scientist who examines and designs sustainable materials, hit upon the concept of bamboo bats a few years ago in the course of his work on the use of bamboo as a structural material for building homes and schools.

  • Indo-MIM files DRHP for IPO; includes fresh issue of Rs 1,000 crore and OFS of 12.97 crore shares

    Indo-MIM files DRHP for IPO; includes fresh issue of Rs 1,000 crore and OFS of 12.97 crore shares

    Kotak Mahindra Capital, ICICI Securities, HDFC Bank, Axis Capital and SBI Capital Markets are the book running lead managers to the issue. The equity shares are proposed to be listed on both BSE and NSE.

  • BanyanTree-backed Rotomag Enertec files IPO draft papers for Rs 500 crore fresh issue

    BanyanTree-backed Rotomag Enertec files IPO draft papers for Rs 500 crore fresh issue

    Rotomag Enertec IPO | The company proposed to mobilise Rs 500 crore by issuing new shares, while existing shareholders including promoters and investor BanyanTree will be selling up to 2.4 crore shares via offer-for-sale route.

  • Deon Energy files draft papers to raise Rs 150 crore via IPO

    Deon Energy files draft papers to raise Rs 150 crore via IPO

    Deon Energy IPO | The Ahmedabad-based company's maiden public offering is entirely a fresh issue of shares with no offer for sale component.

  • Parijat Industries files draft papers with SEBI to raise funds via IPO

    Parijat Industries files draft papers with SEBI to raise funds via IPO

    Parijat Industries IPO | The public issue comprises a fresh issue of shares worth Rs 160 crore and an offer for sale (OFS) of 2.04 crore shares by promoters and other existing shareholders.

  • Sun Pharma may face tariff turbulence in US but HSBC sees limited earnings risk

    Sun Pharma may face tariff turbulence in US but HSBC sees limited earnings risk

    HSBC outlines several mitigation strategies for Sun Pharma, including shifting manufacturing to CDMO partners with US-based plants.

  • Trump’s 100% drug tariff: A mixed bag for India’s CRDMO industry

    Trump’s 100% drug tariff: A mixed bag for India’s CRDMO industry

    “Few Indian pharma companies with exposure to non-U.S. domiciled branded formulation or innovator drug companies, who in turn export to the U.S., may face challenges,” said Deepak Jotwani, VP & Sector Head, ICRA.

  • Glottis Rs 307 crore IPO to open on September 29, anchor investors pick Rs 55.3 crore worth shares

    Glottis Rs 307 crore IPO to open on September 29, anchor investors pick Rs 55.3 crore worth shares

    Glottis IPO | The Tamil Nadu-based company aims to raise Rs 160 crore via fresh shares, while promoters will be selling 1.1 crore shares via offer-for-sale.

  • Aarvee Engineering Consultants taps capital markets, files draft papers for IPO with Rs 202 crore fresh issue

    Aarvee Engineering Consultants taps capital markets, files draft papers for IPO with Rs 202 crore fresh issue

    Aarvee Engineering Consultants IPO | The company plans to mobilise Rs 202.5 crore via fresh shares, while promoter Venkatachala Chakrapani Redla will be selling up to 67.5 lakh shares via offer-for-sale.

  • Om Freight Forwarders raises Rs 15.9 crore via anchor book ahead of IPO opens for public

    Om Freight Forwarders raises Rs 15.9 crore via anchor book ahead of IPO opens for public

    Om Freight Forwarders IPO | The public issue is a combination of fresh issuance of shares worth Rs 24.44 crore, and an offer-for-sale of 72.5 lakh shares worth Rs 97.88 crore at the upper price band.

  • Tata Capital to launch 2025's biggest IPO between October 6-8

    Tata Capital to launch 2025's biggest IPO between October 6-8

    Insurance giant LIC is likely to make a big bet on this issue with the anchor portion likely on October 3

  • White & Blue whisky producer Alcobrew Distilleries files IPO papers with Rs 258-crore fresh issue

    White & Blue whisky producer Alcobrew Distilleries files IPO papers with Rs 258-crore fresh issue

    Alcobrew Distilleries IPO | The company plans to raise Rs 258.3 crore by issuing fresh shares, while promoter Romesh Pandita will be selling 1.8 crore shares via offer-for-sale route.

  • Generic medicines exempted from Trump’s 100% pharma tariffs, but uncertainty continues

    Generic medicines exempted from Trump’s 100% pharma tariffs, but uncertainty continues

    While generic drugs are exempted from the latest action, companies still face uncertainty over tariffs due to an investigation by the US government under Section 232 to see whether pharma imports pose a threat to national security.

  • LG Electronics said to launch $1.3 billion India IPO after pause

    LG Electronics said to launch $1.3 billion India IPO after pause

    This values the company around $9 billion, the people said, significantly below the $15 billion it was expecting in December when the papers were filed the first time

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