IPO News
Elevate Campuses Pvt Ltd, a fast-growing education infrastructure and student housing platform backed by global investment firm Hillhouse Capital, has filed draft red herring prospectus (DRHP) with SEBI to raise ₹2,550 crore through an initial public offering (IPO). The move marks a significant milestone in India’s evolving edu-tech and real estate convergence space, as the…
In a landmark move that could redefine India’s capital market landscape, fintech firm XED Technologies has filed its Draft Red Herring Prospectus (DRHP) with the International Financial Services Centres Authority (IFSCA) to launch the country’s first IPO from GIFT City, Gujarat. The offering, expected to open in November 2025, marks a historic shift in how…
Tata Capital, the financial services arm of the Tata Group, has officially trimmed its post-money equity valuation to approximately $15.7 billion (₹1.39 lakh crore) ahead of its highly anticipated initial public offering (IPO), scheduled to open between October 6 and October 8, 2025. The move, described by insiders as a “goodwill gesture,” is intended to…
Alcobrew Distilleries India Ltd, the maker of the popular White & Blue whisky, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO comprising a ₹258 crore fresh issue. The move marks a strategic milestone for the Delhi-based liquor company as it…
Jain Resource Recycling Ltd’s ₹1,250 crore initial public offering (IPO) has witnessed robust investor interest, with the issue subscribed nearly 4 times by the final day of bidding on September 26, 2025. The strong response across retail, institutional, and non-institutional categories underscores market confidence in the company’s growth potential and its positioning in the metal…
Glottis BioPharma Ltd is set to launch its ₹307 crore Initial Public Offering (IPO) on September 29, 2025, marking a major milestone for the fast-growing pharmaceutical and biotech firm. The IPO will remain open for subscription until October 3, with a price band expected to be announced shortly. Ahead of the public offering, Glottis has…
Parijat Industries, a leading agrochemical manufacturer based in India, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch an Initial Public Offering (IPO worth ₹160 crore). The move marks a strategic milestone for the company as it seeks to expand its manufacturing capacity, strengthen its…
India’s Small and Medium Enterprise (SME) IPO ecosystem is emerging as a powerful mid-market exit engine for venture capital and private equity investors, according to Aeravti Ventures, a leading growth-stage investment firm. Speaking at the India Startup Capital Forum 2025, Aeravti’s Managing Partner Radhika Mehta said that SME listings are no longer just a liquidity…
Praruh Technologies Ltd has officially opened its Initial Public Offering (IPO) for subscription on September 24, 2025, marking a significant milestone for the emerging tech firm in India’s SME segment. The IPO, which aims to raise ₹23.50 crore through a fresh issue of equity shares, is scheduled to close on September 26, 2025. The company…
Ganesh Consumer Products Ltd’s initial public offering (IPO) has garnered a modest subscription of 18% by the end of Day 2, with retail investors leading the charge at 31% subscription in their allocated portion. The ₹240 crore issue opened on September 22 and will close on September 25, aiming to raise capital for expansion, brand…
