IPO News
Global brewing powerhouse Carlsberg A/S has officially appointed Citi and JPMorgan as financial advisors for its upcoming India Initial Public Offering (IPO), according to sources familiar with the matter. The Denmark-headquartered company, which entered the Indian market in 2007, is now preparing to list its Indian arm on domestic stock exchanges, marking a significant milestone…
As wealth-tech platform Groww made its public market debut, the moment triggered more than just investor enthusiasm—it ignited a spirited debate among India’s top startup voices on the sustainability of growth models, profitability, and the role of IPOs in the startup ecosystem. The conversation was led by Zerodha CEO Nithin Kamath, Ixigo chairman Aloke Bajpai,…
India’s fast-growing wealth-tech platform Groww has made a powerful debut in the public markets, drawing overwhelming interest from both domestic and international institutional investors. The ₹6,632 crore initial public offering (IPO) of Billionbrains Garage Ventures Ltd., Groww’s parent company, opened for public subscription on November 4, 2025, after raising ₹2,985 crore from over 100 anchor…
Fintech unicorn Pine Labs has officially announced a reduction in the size of its much-anticipated initial public offering (IPO), setting a price band of ₹210 to ₹221 per share. The revised offering aims to raise up to ₹3,900 crore, valuing the company at approximately ₹25,300 crore (around $3 billion). This strategic recalibration comes ahead of…
Shadowfax Technologies, a leading tech-driven logistics platform backed by Flipkart, has filed its updated Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for a ₹2,000 crore initial public offering. The IPO comprises a fresh issue of shares worth ₹1,000 crore and an offer for sale (OFS) of ₹1,000 crore…
In a move that has stirred debate across India’s capital markets, alternative investment fund Persistence Capital publicly announced its decision to skip participation in the high-profile initial public offering (IPO) of eyewear retailer Lenskart. The fund’s candid disclosure, made via a post on X (formerly Twitter), has added fuel to the ongoing conversation around inflated…
India’s equity capital markets are witnessing an unprecedented boom, with initial public offerings (IPOs) raising capital at a staggering pace of nearly $200 million per hour. This surge, driven largely by domestic retail investors, mutual funds, and insurance companies, marks a structural shift in India’s financial ecosystem—one that is reducing dependence on foreign institutional investors…
India’s leading omnichannel eyewear retailer, Lenskart Solutions Ltd, is set to make a historic entry into the public markets with its ₹7,300-crore initial public offering (IPO) launching on October 31, 2025. The IPO, which will close on November 4, aims to raise ₹2,150 crore through fresh issuance of equity shares, while existing shareholders will offload…
In a major boost to India’s eyewear retail sector, billionaire investor Radhakishan Damani, founder of Avenue Supermarts (DMart), has invested ₹90 crore in Lenskart Solutions Pvt. Ltd. ahead of its highly anticipated initial public offering (IPO). The investment, part of a pre-IPO funding round, underscores growing investor confidence in Lenskart’s business model, market reach, and…
India’s eyewear disruptor Lenskart is gearing up for its much-anticipated IPO, and its co-founder and CEO Peyush Bansal is poised to enter the billionaire club. The company is expected to list on the Mumbai stock exchange as early as November 2025, targeting a valuation of $9 billion. If the IPO sees a 25% pop on…
