By Sheetal Kumari | March 3, 2025

MC Markets | September 16

Upcoming IPOs: Pine Labs, Hero Motors Among Others

Five companies – Pine Labs, Hero Motors, Orkla India, Emmvee Photovoltaic Power, and Canara Robeco AMC – got SEBI’s IPO approval last week.

SEBI Nod for IPOs

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Fintech unicorn Pine Labs to raise Rs 2,600 crore via fresh issue + OFS of 14.78 crore shares by investors.

Pine Labs IPO Details

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Auto components maker Hero Motors eyes Rs 1,200 crore, with fresh issue of Rs 800 crore + OFS of Rs 400 crore.

Hero Motors IPO Plan

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Solar PV module giant Emmvee plans to raise Rs 3,000 crore, with fresh shares worth Rs 2,143.9 crore + OFS Rs 856.1 crore.

Emmvee Photovoltaic Power

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Parent of MTR & Eastern brands, IPO is a pure OFS of 2.28 crore shares by promoters & shareholders.

Orkla India

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India’s 2nd oldest AMC to raise funds via OFS of 4.98 crore shares by Canara Bank & ORIX Europe.

Canara Robeco AMC

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MPISL filed confidential DRHP to raise Rs 1,200 crore, valuing firm at Rs 12,000 crore.

Manipal Payment & Identity Solutions

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Moneycontrol advises users to check with certified experts before taking any investment decisions.

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Next: Infosys Share Buyback: What it Means for Investors?

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