GCONNECT LOGITECH IPO DETAILS
Anthropic wants to create new billionaires through its IPO, but American voters are growing tired of Big Tech's wealth explosion
Anthropic is preparing for a significant IPO amid growing public resistance to AI-related infrastructure projects. Investors are discussing a valuation between $1 trillion and $1.5 trillion for the Nasdaq listing. Communities express concerns over environmental impacts and rising electricity costs linked to data centres. Public sentiment is shifting against technology companies, raising questions about economic benefits versus local costs.
Coca-Cola India’s bottling arm HCCH files DRHP for IPO
Hindustan Coca-Cola Holdings Limited has submitted its Draft Red Herring Prospectus to SEBI for an IPO. This IPO will involve an Offer for Sale of nearly one billion equity shares by the promoter. Coca-Cola India aims to enhance its asset-light operating model while focusing on brand development and digitization. The company has shown impressive revenue growth in its recent financial performance.
Should Anthropic delay its IPO? Stock market turmoil raises questions over $1.5 trillion valuation as AI spending slows
Anthropic IPO: Anthropic's planned November IPO is facing uncertainty as Wall Street's technology sell-off and slower corporate AI spending raise questions about its $1.5 trillion valuation. Some investors are now discussing a figure closer to $1 trillion, leaving the Claude maker with a difficult decision about whether to proceed or wait for markets to stabilize.
Travomint parent SNVA Traveltech files updated draft papers with Sebi for public offering
SNVA Traveltech, parent of online travel platform Travomint, has filed updated IPO papers with SEBI for an entirely offer-for-sale issue of 12.75 crore shares. FY26 revenue rose 58.1%, while net profit jumped 73.7% year-on-year.
Are Amazon and Google polishing Anthropic IPO numbers? Michael Burry raises big question amid global AI crash
Anthropic’s reported revenue surged to nearly $17 billion in the third quarter as it prepares for a potential blockbuster IPO. However, Michael Burry has questioned the sharp decline in sales and marketing expenses, raising concerns about whether major partners such as Amazon, Alphabet and Microsoft are helping polish its financials ahead of the listing.
- Go To Page 1
IPO-bound BRND.ME’s Villain enters new category to tap a multi-billion fragrance market
BRND.ME is diversifying its Villain fragrance brand into the unisex market. The release of two new Eau de Parfums, named Muse and V-Code, marks a significant milestone in meeting the preferences of the younger Gen Z audience that favors inclusive scents. Supported by strong distribution and a powerful online presence, this expansion signifies BRND.ME's ambitious plans for an IPO and further global reach.
Maxwell Engineering shares list at 90% premium. Here's how HGS, other 2 SME issues debuted
Maxwell Engineering Solutions, HGS (India), Vectras Enprocon, and Johnsoncab Electricals recently marked their presence on the stock exchange, collectively raising around Rs 201 crore via their IPOs. Maxwell Engineering Solutions enjoyed a spectacular debut, while shares of HGS (India) also surged. However, Vectras Enprocon's performance was lackluster, with a tepid market response. Each firm presented varying subscription rates and price bands during their offerings.
Demat account additions hit 9-month high in October as IPO boom draws investors
In October 2026, new demat account additions reached a nine-month high, driven by strong IPO activity. NSDL and CDSL reported adding nearly 3.36 million accounts during the month. The total number of demat accounts at the end of October was approximately 244 million. The increase in account openings was mainly influenced by the successful launch of several public issues.
Sitaram Denims India files IPO papers with Sebi
Sitaram Denims India Ltd plans to launch an initial public offering with two components. The IPO includes a fresh issue of equity shares and an offer for sale by promoters. Proceeds from the fresh issue will be used for various purposes including repayment of borrowings and working capital requirements. The company aims to set up a new garment manufacturing facility in Bhilwara to expand capacity.
Bombay Coated & Special Steels shares to list today; GMP points to 10% listing premium
Bombay Coated & Special Steels is set to list on November 5, 2026, with a 10% grey market premium following 63.89 times IPO subscription. The Rs 183.06 crore issue aims to reduce debt, fund equipment acquisitions and support corporate requirements, backed by steady financial growth.
Sebi approves Coal India unit Mahanadi Coalfields IPO
Coal India's Mahanadi Coalfields has just secured approval for an upcoming IPO, set to launch soon. This offering will potentially sell 661.8 million shares, which is equivalent to a 10% equity stake. As a vital player in India’s coal sector, the IPO anticipates raising $1 billion, thus valuing the unit at a remarkable $10 billion. The market's appetite for significant IPOs continues to grow, reflecting a dynamic investment landscape.
OpenAI, ready to IPO in 2027, now counts majority of sales from enterprises, Greg Brockman says
OpenAI President Greg Brockman said on Wednesday the company now generates the majority of its revenue from enterprise sales and he believes it will be ready to go public in 2027.
Chinese chipmaker YMTC puts IPO on hold as weaker markets weigh, sources say
That process has been put on hold due to "various factors", according to an internal note YMTC sent to its staff and seen by Reuters. It did not elaborate on the factors. The delay, which two of the people said could last several months, has not been reported previously.
BLS Polymers shares rally 6% after strong stock market debut
BLS Polymers shares extended their strong debut gains, rising nearly 6% on Wednesday after listing at a 65% premium to the IPO price. The issue received 241 times subscription, while the company reported higher income and profit in FY26.
Two SME IPOs list today: Carver Roboweld, Ajwa Projects shares make BSE SME debut
Ajwa Projects and Carver Roboweld are set to list on the BSE SME platform on November 4, 2026, after collectively raising Rs 66.34 crore. While Ajwa Projects’ IPO received modest subscription of 1.12 times, Carver Roboweld attracted strong investor demand, achieving an overall subscription of 25.80 times.
Premji's deeptech bets; Razorpay gets IPO nod
Happy Thursday! Premji Invest is stepping up its bets on defence and aerospace manufacturing.This and more in today’s ETtech Morning Dispatch.
Ambani's Jio Platforms explores tech-for-equity talks with Comcast and Charter, sources say
Jio Platforms, controlled by Mukesh Ambani's Reliance Industries, is exploring international partnerships for its broadband technology. The company has discussed potential collaborations with Comcast, Charter Communications, and South Africa's MTN Group. Negotiations with MTN fell through due to disagreements on valuation and licensing issues. Jio aims to secure 10 to 15 global partners for its proprietary system. There is currently no set timeframe for reaching a definitive agreement.
Coal India said to plan $1 billion MCL IPO as soon as this month
Coal India is preparing a $1 billion IPO of its subsidiary Mahanadi Coalfields, potentially launching in late November or early December 2026. The offer will involve a 10% stake sale by the parent, valuing MCL at up to $10 billion. MCL contributed 22.4% of India's non-coking coal production in FY26.
EAAA India draws HDFC MF, Carnelian Asset, and L&T in Rs 316 crore listing-day bulk deals
EAAA India Alternatives attracted Rs 316.3 crore in listing-day bulk deals from HDFC Mutual Fund, Carnelian Asset Management and L&T. The stock listed at a marginal premium before gaining 3.8% over its IPO price.
How a SIP calculator can help investors assess the impact of selling investments to fund an IPO
As investors contemplate selling current holdings to finance new IPO subscriptions, they must remain focused on their long-term financial aspirations. A SIP calculator can serve as a valuable tool to project potential outcomes of these financial maneuvers. Diligently assessing available funds against essential living expenses and obligations is crucial. Additionally, it's important to evaluate the true purpose behind each investment to ensure long-term goals are not compromised.
Indian IPO market clocks record Rs 84,400 crore in H1 FY27, fundraising jumps 30%
India's mainboard IPO market raised a record Rs 84,400 crore in H1 FY27, up 30% year-on-year, as September saw unprecedented fundraising. Strong investor participation, confidential filings and a robust pipeline supported primary market momentum.
Vedant Poly Fabs SME IPO opens today; GMP at 16%, check key details
Vedant Poly Fabs’ Rs 56.68-crore IPO opens for subscription today on the NSE SME platform, with a 16% grey market premium indicating a potentially positive listing. The company plans to use the proceeds for working capital, debt repayment and manufacturing expansion.
Global beverage majors advance India IPO plans, from DRHP filing to board approval
Carlsberg has filed an updated draft red herring prospectus for its potential IPO in India. Pernod Ricard continues to prepare for its proposed listing while awaiting board approval for its Indian business. Coca-Cola is exploring a potential IPO for its Indian bottling operations, emphasizing the value in the domestic market. These developments indicate a growing interest in public listings among multinational beverage companies in India.
IPO Calendar: Primary market cools after Jio frenzy, but 13 listings lined up
India’s IPO market is set for a quiet week, with just one fresh issue worth Rs 56.68 crore opening for subscription and no mainboard launches. Vedant Poly Fabs will be the only new IPO, while 13 companies are expected to list. The slowdown follows October’s blockbuster Rs 30,188 crore Jio Platforms IPO, which was subscribed over 22 times.
BLS Polymers IPO allotment likely today; GMP hints at 45% listing gain. Here's how to check status
The shares are scheduled to list on the BSE and NSE on November 3, 2026. A grey market premium (GMP) of Rs 68 suggests potential listing gains of about 45%, although this is not guaranteed. The company plans to use the proceeds for manufacturing expansion, working capital, and general corporate purposes.
Maxwell Engineering, HGS India among 4 SME IPOs to open on October 30; issues to raise Rs 201 crore
Four SME IPOs from Maxwell Engineering Solutions, HGS (India), Vectras Enprocon and Johnsoncab Electricals open for subscription on October 30, seeking to raise a combined Rs 201 crore. Here are the key details, including price bands, lot sizes and listing timelines.
Anthropic IPO sparks betting frenzy on prediction markets
Prediction markets are witnessing rising activity ahead of Anthropic’s anticipated IPO, with retail investors betting on its valuation, listing timeline and exchange. Platforms Polymarket and Kalshi have attracted millions in trading volume, reflecting strong AI investment interest while highlighting uncertainty surrounding valuations and investor demand.
Logitech sheds $2 billion in market cap as margin concerns overshadow profit beat
Logitech's share price dropped by 10% despite exceeding profit expectations for Q2, as analysts suggest that profit-taking and worries about future margins played a role in the decline. The company anticipates reduced gross margins for the upcoming December quarter due to rising costs related to components and shipping, heightening concerns over economic conditions. However, some analysts argue that the market's reaction seems overly harsh within the broader economic context.
Load More
