IPO News
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…
India’s primary market is set for a blockbuster week as six IPOs prepare to list between October 16 and 18, 2025, with analysts projecting listing gains of up to 30%. Among the most anticipated are Rubicon Research, Canara HSBC Life Insurance, and Canara Robeco AMC, each backed by strong subscription numbers and robust grey market…
In a bizarre case of mistaken identity on Dalal Street, LG Balakrishnan & Bros Ltd, a Coimbatore-based auto component manufacturer, witnessed a dramatic surge and crash in its stock price on October 14, 2025, after investors confused it with LG Electronics India, which debuted on the Bombay Stock Exchange the same day. The confusion triggered…
In a major boost to India’s electronics manufacturing ecosystem, Noida-based Ekkaa Electronics has raised ₹108 crore in Series A funding to accelerate its expansion and prepare for a planned Initial Public Offering (IPO) by 2027. The funding round, announced on October 9, 2025, was led by marquee investors including Mukul Mahavir Aggarwal, the Varun Daga…
In a significant development that could reshape India’s corporate landscape, the Shapoorji Pallonji (SP) Mistry Group has publicly endorsed the proposed public listing of Tata Sons, the holding company of the $300 billion Tata Group. In a statement issued on October 11, 2025, the SP Group affirmed its commitment to playing a “constructive role” in…
