INITIAL PUBLIC OFFERING

Supreet Chemicals files draft papers with Sebi to raise Rs 499-cr via IPO

Supreet Chemicals Limited is planning to launch an IPO. The company has filed documents with the market regulator, Sebi. The goal is to raise Rs 499 crore. The funds will support a new greenfield project and reduce debt. A portion of the funds may come from a pre-IPO placement. The company is based in Gujarat and specializes in chemical intermediates.

Turtlemint Fintech Solutions files confidential DRHP with SEBI

Turtlemint, an insurtech firm, has submitted IPO papers to Sebi. The company will use the confidential pre-filing route. ICICI Securities and Jefferies India are among the lead bankers. Dhirendra Mahyavanshi and Anand Prabhudesai founded Turtlemint in 2015. The platform simplifies insurance policy purchase. Turtlemint has sold 1.6 crore policies. Several other firms have also opted for confidential filings recently.

UKB Electronics files DRHP with SEBI for Rs 800 crore IPO

UKB Electronics, a top Indian EMS provider, plans to launch an IPO. The company aims to raise Rs 800 crore. This includes a fresh issue and an offer for sale. Funds will be used to reduce debt and expand facilities. UKB serves various sectors and exports to 17 countries. The shares will be listed on BSE and NSE.

Honeywell's Quantinuum raises funds from Nvidia, others at $10 billion valuation

The latest round, which doubles Quantinuum's valuation from $5 billion in January 2024, saw new investments from Quanta Computer, QED Investors and NVentures - Nvidia's venture capital arm.

Eldorado Agritech files DRHP with Sebi for Rs 1,000 crore IPO

Eldorado Agritech, maker of Srikar Seeds, has filed draft papers with SEBI to raise Rs 1,000 crore through an IPO. The issue includes a Rs 340 crore fresh issue and Rs 660 crore OFS. Proceeds will largely repay debt, with strong R&D, crop portfolio, and robust FY25 financial performance supporting growth.

Zijin Gold said to plan $3 billion HK IPO in world’s biggest listing since CATL

Zijin Mining Group is planning to list its international gold-mining division in Hong Kong. The IPO could raise over $3 billion. It may become the world's second-largest IPO this year. Investor interest is strong due to high gold prices. The listing could happen this month. Zijin aims to increase gold production significantly by 2028.

Transit tech firm Via Transportation targets up to $3.5 billion valuation in US IPO

Via and some of its existing investors are seeking to raise up to $471 million by offering 10.7 million shares priced between $40 and $44 apiece.

13 companies receive Sebi nod for IPOs including Urban Company, Boat

SEBI has given the green light to 13 companies, including Urban Company and Boat's parent company, Imagine Marketing, to proceed with their IPOs. Urban Company's issue is worth Rs 1,900 crore, while Juniper Green Energy plans to raise Rs 3,000 crore through a fresh issue. Jain Resource Recycling's IPO will include both a fresh issue and an offer for sale.

Urban Company, Boat get Sebi nod for IPO

Urban Company has received Sebi’s approval for its Rs 1,900 crore IPO, following its April filing. The on-demand home services platform was recently named Startup of the Year at the ET Startup Awards 2025. Gurugram-based wearables brand Boat has also secured regulatory clearance for its IPO through Sebi’s confidential filing route.

Sugs Lloyd IPO receives 3.23 times subscription on final day of offer

The initial share sale of integrated EPC player Sugs Lloyd received 3.23 times subscription on the final day of the offer on Tuesday amid encouraging participation from institutional investors.

Sebi approves boAt parent’s IPO; firm eyes $1.5 billion valuation

The Warburg Pincus-backed firm is targeting a valuation of $1.5 billion, according to local media reports.

ET Startup Awards 2025 | Comeback Kid: Capillary Technologies weathers a raging storm

The jury’s focus was on the nominees’ persistence during their lows and execution impact during their highs. Bengaluru-based Capillary Technologies ultimately clinched the award, with the jury praising its tenacity and lauding the team for an impressive turnaround.

CMR Green Technologies files draft papers; seeks Sebi's clearance to float IPO

CMR Green Technologies Ltd, non-ferrous metal recycler, has filed preliminary papers with markets regulator Sebi seeking its approval to raise funds through an initial public offering (IPO).

Reliance AGM 2025: Jio crosses 500 million customers, aims IPO by H1 2026, Mukesh Ambani says

Mukesh Ambani announced that Jio now has 500 million customers. He spoke at Reliance Industries' annual general meeting. Jio plans to file for an IPO in the first half of next year. Ambani highlighted Jio's role in ending digital poverty in India. He also mentioned Jio's contribution to India's digital infrastructure and 5G rollout.

Oyo's board approves IPO plan

Hospitality chain Oyo, backed by a board including industry veterans, is preparing for a fresh IPO filing after two previous attempts were withdrawn. The new filing will highlight improved financial performance, with the company reporting approximately Rs 1,100 crore in EBITDA for FY25. Oyo anticipates further growth, projecting a profit after tax of Rs 1,100 crore in FY26.

Jio IPO in the first half of 2026; Mukesh Ambani calls it a big opportunity for investors

Abril Paper Tech sets price band for IPO opening on August 29. Check details

Abril Paper Tech is set to launch its IPO on August 29. The price is fixed at Rs 61 per share. The company aims to raise Rs 13.42 crore through this IPO. The IPO will remain open until September 2. The funds will be used for expansion and working capital. The company manufactures sublimation paper rolls.

Why are FPIs betting big on Indian IPOs despite market uncertainties?

Despite being net sellers in the secondary market, foreign portfolio investors are significantly increasing their investments in Indian IPOs, with a threefold surge to ₹26,508 crore in FY25. This indicates strong confidence in India's growth story, driven by the potential for higher returns and access to differentiated business models.

Vikran Engineering IPO fully booked within 2 hours; GMP at 17%. Should you apply?

Vikran Engineering’s Rs 772 crore IPO opened for subscription on August 26 and was fully subscribed within the first two hours. The issue, priced at Rs 92–97 per share, has seen strong demand from retail and non-institutional investors, though QIB participation remains low. Shares are quoting at a 17% premium in the grey market.

Strong Start! Patel Retail shares debut at 20% premium at Rs 305

Patel Retail's shares debuted strongly, listing with a premium of 19.6% after its IPO was oversubscribed 95.69 times. The IPO proceeds are earmarked for debt repayment, working capital, and general corporate needs. The company, operating as 'Patel's R Mart,' focuses on tier-III cities with a chain of supermarkets across Maharashtra and Gujarat.

Vikran Engineering raises Rs 231.6 crore from anchor investors ahead of IPO launch

Vikran Engineering garnered ₹231.6 crore from anchor investors, including Bank of India MF and Societe Generale, ahead of its ₹772-crore IPO opening on August 26. The IPO, with a price band of ₹92-97 per share, comprises a fresh issue and an offer-for-sale. Proceeds will fund working capital.

IPO Calendar: Another busy week for IPOs as 10 companies to raise nearly Rs 1,200 crore

The Indian primary market is set for a busy week with 10 companies launching IPOs, aiming to raise over Rs 1,190 crore. Vikran Engineering's Rs 772 crore IPO, opening August 26, leads the pack, followed by Anlon Healthcare's Rs 121 crore issue. Several SME IPOs, including Globtier Infotech and NIS Management, are also scheduled.

Subodh Runwal-promoted Runwal Enterprises gets Sebi nod for Rs 1,000 crore IPO

Subodh Runwal-promoted Runwal Enterprises, a Mumbai-based real estate developer, has received the Securities and Exchange Board of India (SEBI) approval to launch an initial public offering (IPO) worth Rs 1,000 crore.