IPO THIS WEEK

ESDS Software shares hit 5% lower circuit, crash nearly 30% in 6 sessions. What's behind the selloff?

ESDS Software shares hit the 5% lower circuit on Monday, extending their losing streak to six sessions and taking the decline to nearly 30%. The selloff follows the expiry of a one-month shareholder lock-in, while weaker sequential Q1 revenue and profit have also raised concerns over the stock’s stretched valuation.

Global Market Today: Asian shares rise as Fed hike bets ease, oil gains

MSCI’s Asia Pacific equities index rose 0.4%, with Japanese shares rallying 2%. Contracts for the Nasdaq 100 rose 0.3% after the underlying gauge closed a record high on Friday and a US index of semiconductor shares rallied.

September IPO rush draws $1 billion FPI money even as listed stocks see record outflows

In September, Foreign Portfolio Investors actively participated in the Indian primary market by investing $1 billion. Simultaneously, they offloaded $4.8 billion worth of equities from the secondary market. A total of 96 IPOs have launched in 2026, with 34 occurring in September alone. The expected future launch of the Jio Platforms IPO may influence upcoming primary market dynamics.

IPO bonanza: 29 companies to list this week; GMPs signal returns of up to 59%

IPO Calendar: Quiet week ahead after Rs 39,000 crore September rush, but Street to see 29 listings

The momentum had picked up sharply from August, after a muted first four months of FY27, as stronger listing gains and steady liquidity pulled investors back into new issues.

Anthropic targets mega-IPO before Thanksgiving Holiday

Anthropic PBC is expected to start marketing its initial public offering around November 9. The company's trading debut could occur before Thanksgiving, which is on November 26. Although facing competition from OpenAI, investors remain optimistic about Anthropic's valuation. Despite significant losses, the firm aims to exceed SpaceX's record IPO size. The market for new listings has experienced delays, but Anthropic is pushing forward.

Global M&A deal rush fades in third quarter as rising borrowing costs bite

Global mergers and acquisitions activity saw a notable decline in the third quarter, totaling $993 billion. This figure marks a 41% decrease compared to the previous quarter, falling below $1 trillion. Despite this dip, worldwide M&A is up 28% year-to-date, reaching $3.9 trillion, the highest since 2001. Asia Pacific M&A experienced growth, totaling $242 billion, boosted by companies seeking strategic acquisitions.

Gas maker Inox Air Products files IPO papers with Sebi, public issue to entirely comprise OFS

Inox Air Products has filed IPO papers with Sebi for an issue entirely comprising an OFS of 7.7 crore shares, with no fresh issue component. The industrial and medical gas maker reported a 4% rise in FY26 net profit to Rs 914 crore and 9% growth in revenue to Rs 3,034 crore.

Anthropic's IPO pitch embraces AI's promise and peril

To pull off a successful offering that values it at $2 trillion, Anthropic, whose name means "human-centered," will need plenty of mortal investors to help build a world where mankind will soon take a back seat to far more capable artificial intelligence systems.

Can NSE shares trade on its own platform? Sebi chief says no panel considering self-trading in exchange shares

Sebi Chairman Tuhin Kanta Pandey said the regulator is not currently considering self-listing or self-trading of exchange shares, days after NSE CEO Ashish Kumar Chauhan suggested exploring the possibility. Pandey said no Sebi panel is discussing the proposal at present, while Chauhan had cited conflict-of-interest concerns but said the idea could be revisited as the market ecosystem matures.

Indian markets are not vulnerable: Sebi chief Tuhin Kanta Pandey remains optimistic even as Sensex, Nifty bleed

Sebi Chairman Tuhin Kanta Pandey said Indian markets remain resilient despite once-in-a-decade global headwinds, including elevated oil prices and bond yields, citing the country’s strong macroeconomic foundation.

Anthropic's IPO prospectus shows sweeping AI vision, surging costs

But the cost to get there will be staggering. Anthropic reported a net loss of $42 billion in 2025, and plans to spend $518 billion on cloud, computing and infrastructure obligations in coming years, according to the prospectus.

Anthropic warns IPO investors AI could pose 'catastrophic' risks to humanity: Report

Anthropic has outlined significant risks associated with its advanced AI models in its IPO prospectus. It emphasizes the potential for AI technologies to cause irreversible harm if mismanaged and highlights self-preserving behaviors. The company admits that estimating returns on safety investments remains uncertain and resource-intensive. Anthropic also emphasizes a continuous cycle of AI model releases to maintain its competitive edge.

Anthropic targets more than $2 trillion valuation in closely watched IPO despite $42 billion 2025 loss

Anthropic is planning an IPO that could value the company at over $2 trillion. Despite reporting a net loss of $42 billion last year, its revenue experienced substantial growth. The company aims to address concerns about AI safety while competing with OpenAI for market dominance. Key investors have backed Anthropic, providing critical cloud infrastructure for its operations. The upcoming public offering reflects strong interest in the burgeoning AI sector.

AceVector IPO, 2 other mainboard offers see strong demand on Day 2. Check GMP, subscription status

Three mainboard IPOs: AceVector, Runwal Enterprises and German Green Steel & Power, entered their second bidding day with strong investor interest. German Green Steel’s issue was subscribed 3.14 times, while AceVector and Runwal Enterprises were each 37% subscribed. Meanwhile, 20 IPOs are scheduled to launch next week, targeting combined proceeds of Rs 1,292 crore.

Four SME IPOs to open for subscription today: Check price band, lot size and key details

Four companies are looking to raise nearly Rs 100 crore through their IPOs. Acme Universal Safezone 9 is the largest issue at Rs 35.93 crore, followed by Shree TNB Polymers at Rs 31.80 crore, Pind Hospitality at Rs 17.82 crore and Shivchem Agro at Rs 14.01 crore.

Can Orient Cables IPO deliver long-term growth for high-risk investors?

Orient Cables is aiming to raise ₹320 crore through a fresh equity issue and ₹232 crore via an offer for sale. The company has seen growth in revenue and profit but faces challenges with operating margins and customer concentration. Its promoter stake will decrease to 82.2% post-IPO from 100%. The company is also involved in a dispute concerning the usage of the 'ORIENT' brand name.

IPO rush continues: 20 issues to raise over Rs 1,257 crore this week

In an exciting week for investors, the market anticipates four major IPOs and 16 smaller SME IPOs, aiming to raise approximately ₹1,257 crore. Key players in the mainboard segment include Shah Investors Home, Srit India, Vishal Nirmiti, and Nityas Gems & Jewellery, all expected to make significant waves. With additional listings on the horizon from prior weeks, the IPO market remains vibrant and dynamic.

Data centre IPO hopefuls brave tougher market as investor scrutiny grows

The Singapore-based company develops and operates data centers for cloud and AI customers. It plans to make its filing with the US Securities and Exchange Commission public in mid-October and list in November, the people said, speaking anonymously to discuss confidential matters. The plans, including the timing of the IPO, are subject to change, the people cautioned. DayOne declined to comment.

IPO Calendar: 20 new issues to open for subscription in busiest week of the year

India's primary market faces its busiest week of the year as 20 IPOs open to raise Rs 1,292 crore. The line-up features four mainboard issues led by SRIT India, Vishal Nirmiti, Nityas Gems & Jewellery, and Shah Investor's Home seeking Rs 595 crore, alongside 16 SME offerings raising Rs 697 crore.

SK Hynix's Solidigm weighs IPO that could value the unit at up to $150 billion, sources say

Chipmaker SK Hynix's Solidigm is exploring a monumental initial public offering potentially worth $150 billion, aiming to secure approximately $15 billion. Currently in the early phases of planning, Solidigm specializes in NAND flash memory and solid-state drives, vital for AI technologies. This IPO has the potential to become one of the largest in semiconductor history in the U.S., alongside considerations for a new manufacturing facility in upstate New York.

Data center IPO hopefuls brave tougher market as investor scrutiny grows

Data center operator DayOne is pushing ahead with its plans to go public as soon as November, according to three people familiar with the matter, even as higher interest rates and setbacks elsewhere in the data center ecosystem threaten to narrow