IPO News
The Indian equity market is witnessing another high-octane response from investors as the Dev Accelerator IPO has seen a massive subscription of 28 times on Day 3. The issue, which opened earlier this week, has caught the attention of both retail and institutional investors, marking it as one of the most sought-after SME IPOs in…
The much-awaited Urban Company IPO has created a buzz among retail investors, high-net-worth individuals (HNIs), and institutional investors. With its strong brand recall in the home services sector, Urban Company has positioned itself as a market leader, and its IPO has drawn significant attention in India’s primary market. Investors are now keenly awaiting the Urban…
Gujarat-based steel manufacturer VMS TMT Ltd is set to launch its initial public offering (IPO) on September 17, 2025, aiming to raise ₹148.5 crore through a fully fresh issue of 1.5 crore equity shares. The IPO will close on September 19, with allotment finalization scheduled for September 22 and listing on both NSE and BSE…
Prestige Hospitality Ventures Ltd, the hospitality arm of Bengaluru-based Prestige Group, is gearing up to launch its ₹2,700 crore initial public offering (IPO) in October 2025. The company has already filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) and received regulatory approval to proceed with the listing….
Cotec Healthcare Ltd, one of India’s fastest-growing contract development and manufacturing organizations (CDMO), has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise ₹295 crore through a fresh issue of equity shares. The Roorkee-based pharmaceutical player aims to utilize the proceeds to expand its manufacturing footprint,…
Airfloa Rail Technology Ltd’s ₹91 crore SME IPO opened to a roaring start on September 11, 2025, with grey market premium (GMP) trends indicating a potential listing gain of nearly 118%. The IPO, which is entirely a fresh issue of 65 lakh equity shares, is priced between ₹133 and ₹140 per share and will remain…
Karbonsteel Engineering Ltd has officially opened its ₹59.30 crore Initial Public Offering (IPO) for subscription today, September 9, 2025. The three-day book-built issue will close on September 11, with listing scheduled for September 16 on the BSE SME platform. The IPO has already garnered attention in the grey market, with a grey market premium (GMP)…
Infrastructure and renewable energy firm Current Infraprojects has completed the allotment process for its SME IPO today, September 1, 2025, following an overwhelming subscription response. The ₹41.80 crore public issue, which was open from August 26 to August 29, saw a staggering overall subscription of 379.44 times, with the retail portion booked 396.50 times and…
In a major milestone for India’s consumer electronics sector, the Securities and Exchange Board of India (SEBI) has approved the confidential Draft Red Herring Prospectus (DRHP) of Imagine Marketing Ltd, the parent company of boAt. The regulatory nod marks a significant step toward the long-awaited initial public offering (IPO) of the homegrown audio and wearable…
L&T Semiconductor, the chip design arm of engineering conglomerate Larsen & Toubro, is preparing to evaluate an initial public offering (IPO) once it surpasses the $500 million revenue milestone. CEO Sandeep Kumar confirmed that the company will consider going public only after achieving this financial benchmark, which he described as “a necessary threshold for scale…
