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India's quick commerce market poised for seven-fold growth to USD 90 billion by FY31: Report
India's quick commerce market is projected to grow significantly, reaching USD 90 billion by FY2031. This growth is driven by increased penetration in metro households and user growth in non-metro markets. Monthly transacting users are anticipated to exceed 100 million nationwide during this period. Platforms will need to expand beyond grocery orders and improve models to meet local consumer preferences.
Wealthtech startup Zomint raises Rs 36 crore from Lightspeed, Prime Venture Partners
Founded in September 2025 by Aman Mittal, a former executive at Flipkart and Pine Labs, and Shavir Bansal, who started personal finance content platform Bekifaayati, Zomint is targeting young millennials whose investable corpus is below the threshold typically served by traditional wealth management firms.
Reliance Jio IPO clock ticking: Can you still buy RIL for shareholders quota amid October 21 launch buzz?
On October 21, Reliance Jio is preparing to launch its IPO, aiming to raise around $3.8 billion. Eligible shareholders of Reliance Industries will have the chance to participate through the shareholder quota, which is available for a limited period. This public offering represents a prime opportunity for investors keen on Jio Platforms.
Trent’s Rs 1.80 lakh crore rout from peak: Has Q2 just flipped the script for Tata group’s retail crown jewel?
In Q2FY27, Trent demonstrated impressive financial performance, achieving a remarkable 23% increase in revenue compared to the previous year. This achievement is particularly noteworthy given the challenges other retailers faced during the festive period. With continued expansion in store locations for both Zudio and Westside, analysts are split on future prospects, balancing optimism for recovery against caution as the market awaits consistent revenue growth.
Jio IPO SWOT analysis: What the DRHP says about its growth story, moats and risks
Jio Platforms is gearing up for a landmark public offering to secure Rs 37,700 crore in funds, with subscriptions expected to commence on October 21. With an impressive customer base exceeding 524 million, Jio dominates India's wireless data landscape. The company is well-positioned to capitalize on opportunities like the shift from 2G to 4G and expanding enterprise connectivity.
Vans Electroengineerings shares debut at 90% premium over IPO price on BSE SME; Black Opal Consultants sees flat debut. Check details
Three SME IPOs — Vans Electroengineerings, Papadmalji Agro Foods and Black Opal Consultants — made their D-Street debut on Wednesday. Vans Electroengineerings delivered a blockbuster 90% listing premium, while Black Opal Consultants and Papadmalji Agro Foods opened with modest gains. The three issues collectively raised around Rs 110 crore from investors.
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ASOS stock crashes 13% after ‘ASOS HACKED’ alert hits customers’ phones: Is your data at risk?
ASOS shares crashed 13% after a “ASOS HACKED” alert reached customers’ phones, claiming hackers had compromised a Snowflake instance and threatened to leak data. The retailer has not confirmed the alleged breach, leaving questions over what happened and whether customer data is at risk.
Private equity inflows into Indian real estate jump 23% to $2.7 billion in H1 FY27
Private equity investment in Indian real estate surged to USD 2.7 billion in H1 FY27. Domestic investors contributed significantly, deploying USD 1.3 billion across various deals. The office asset class continues to gather attention, attracting 35% of total investments. Investment trends indicate a shift towards new-age assets, particularly data centres, which showcased considerable growth. Overall, investor confidence improved, showcasing a clear recovery and commitment to the Indian real estate market.
Acme Universal Safezone 9 debuts 42% premium on BSE SME; Pind Hospitality opens at 20% discount. Check details
Three SME IPOs — Pind Hospitality, Acme Universal Safezone 9 and Shivchem Agro — made their debut on the BSE SME platform on October 6. Together, the companies raised nearly Rs 68 crore through their IPOs, with subscription levels ranging from 2.20 times to 23.41 times.
Trent shares hit 10% upper circuit after Q2 revenue rises 23% YoY to Rs 5,788 crore. Should you buy, sell or hold?
Tata Group retail arm Trent reported a 23% year-on-year surge in Q2FY27 standalone revenue to Rs 5,788 crore, supported by strong growth across Zudio and Westside formats. Global brokerage BofA Securities has initiated coverage on the stock with a Buy rating and a target price of Rs 3,075.
Shah Investor's Home shares list at 2% premium over IPO price
Shah Investor's Home debuted at Rs 171 on BSE and NSE following its highly successful IPO, which garnered substantial interest, being oversubscribed by 38.12 times. The strong appetite from both retail and institutional investors indicates robust market confidence. The funds raised will be allocated for working capital and corporate endeavors, while the company enhances its retail broking services, boasting over 1 lakh demat accounts and 38,000 active clients.
SRIT India shares list at 14% premium over IPO price on NSE
SRIT India made a strong stock market debut, listing at a 13.85% premium on NSE and 7.54% on BSE. The Rs 218.40-crore IPO was subscribed 125.16 times overall, with the NII portion seeing 312.99 times subscription and QIB portion 91.84 times.
McDonald's supplier HyFun plans $208 million India IPO
HyFun Foods intends to raise up to 20 billion rupees through an IPO planned for late 2028. The company expects to initiate preparations for this IPO in mid-2027 as local demand increases. As frozen food becomes more popular, the firm anticipates significant revenue growth by expanding its capacity. The share of exports in revenue is projected to decrease from three-fourths to half within five years.
Festive demand on easy finance: Samsung, Vivo, Xiaomi and others stretch EMIs to 30 months, bear interest costs
Smartphone and consumer electronics manufacturers are extending EMI options to as long as 30 months. This move aims to cushion consumers from rising prices and stimulate demand during the festive season. Major brands like Samsung and Xiaomi are offering no-cost EMI schemes on various models, including entry-level options. Retailers expect finance-driven purchases to increase significantly during the festive sales period.
R.K. Fashion Accessories SME IPO opens for subscription. Check price band, lot size and key details
R.K. Fashion Accessories IPO opened for subscription on October 5 and will close on October 7. The Rs 34.99 crore SME issue has a price band of Rs 77–82 per share and a lot size of 1,600 shares. The company plans to use proceeds for working capital, expansion and new retail facilities.
4 SME IPOs to list today; Bench Mark Infotech Services, Himalayan Solar among highly subscribed issues
Four SME IPOs, including Bench Mark Infotech Services, Himalayan Solar, Dudani Retail, and Sai Urja Indo Ventures, will list on the BSE and NSE SME platforms today after collectively raising Rs 146 crore. Bench Mark Infotech Services saw the highest demand, achieving over 100 times total subscription.
Festive cheer shifts beyond metros as consumer brands bet big on small-town India
Consumer brands are turning to tier-2 and smaller cities for festive-season growth as urban consumption weakens. Titan, Nykaa, Biba, Fabindia and Forest Essentials are expanding their reach through sharper marketing, distribution and delivery, while Amazon has widened instant delivery to more cities, seeking to tap rising demand beyond metros.
Reliance Retail, 7-Eleven end a five-year India franchise deal as convenience stores struggle
Reliance Retail and 7-Eleven are ending their five-year franchise partnership in India, with most of their nearly 60 stores set to shut after failing to achieve profitability, people familiar with the matter said. The exit underscores the growing challenge for organised convenience retail from kiranas and rapidly expanding quick-commerce platforms.
Paramount Syntex subscribed 1.3 times on day 2 of bidding; QIB book hits 119 times
Paramount Syntex's Rs 82-crore IPO was subscribed 1.35 times on the second day of bidding on the BSE SME platform. The issue received bids for 82.39 lakh shares against 61.17 lakh shares on offer. The QIB portion was subscribed 119.29 times, while the retail and NII portions saw 10% and 2% subscription, respectively. The IPO closes on October 6.
Shephertz unveils three AI models for defence, space, constrained devices
ShepHertz has unveiled three AI model families named Tatva, Sanjaya, and Drashta, designed for various applications. These models can operate fully offline on devices ranging from satellites to smart rings. They are part of the AgentAnywhere sovereign AI platform and run on constrained hardware. The company is also launching its trust toolchain under the Apache 2.0 license for better verifiability.
Jio Platforms IPO may open on October 21, issue estimated at $3.8 billion: Report
The IPO is expected to remain open until October 23, with the anchor book likely to open on October 19. The shares are targeted to list on the stock exchanges on October 28, although the timeline remains subject to market conditions and could change depending on developments in financial markets, the report added.
TCS to take over Best Buy's India GCC under multiyear deal
Tata Consultancy Services has entered a multiyear agreement to acquire Best Buy's global capability centre located in India. While the financial aspects and employee count remain private, this move aims to transform the centre into an AI-driven engine, optimizing operations and AI integration. The collaboration seeks to synchronize Best Buy's requirements with TCS's technological and retail know-how, potentially establishing a valuable framework for the retail sector as well.
SME IPO: Sollfege Smart Electronics to raise Rs 21.7-cr; issue to open on Sep 30
The initial public offering (IPO) will open for subscription on September 30 and conclude on October 5. The shares will be listed on the BSE SME platform with a tentative listing date of October 8.
Books, coffee and banking: Anup Bagchi the ICICI lifer set to lead HDFC Bank
Anup Bagchi, who has spent 34 years at ICICI Group, will join HDFC Bank as managing director. He has held various leadership roles, overseeing retail and wholesale banking functions. Bagchi's appointment comes after the RBI approved it, succeeding Sashidhar Jagdishan. Known for his informal manner, he led the bank through challenging times like demonetisation.
Jio Platforms IPO in final stages after concluding worldwide roadshows
Jio Platforms is on the verge of launching what is projected to be the largest public offering in India, targeting USD 3.8 billion. International roadshows spearheaded by Akash Ambani and Isha Ambani have garnered interest. Following approval from Sebi, Jio Platforms plans to release new equity shares, constituting about 2.9 percent of its base.
Tata Group stock! BofA turns bullish on Trent, initiates coverage with Buy, pegs 17% upside
BofA Securities initiated coverage on Trent with a Buy rating and Rs 3,075 price target, citing its differentiated retail model, Zudio and Westside growth, integrated technology, supply chain capabilities and long-term market share opportunities.
In 2019, Kentucky entrepreneur Caleb Ashton started flipping games with $500; 7 years later, his business hit $4 million
With just a $500 investment, Caleb Ashton launched QuickFlips in 2024, embracing the world of reselling. Specializing in video games, consoles, and Pokémon cards, the business flourished, boasting $4 million in revenue by 2026 and over $5 million paid to customers.
5 SME IPOs to list today: Liqvd Digital, Unitec Fibres among most subscribed issues
On September 30, investors will witness the debut of five small and medium-sized enterprise IPOs, including Coreintegra Consulting and Pooja Logistics. Among these, Liqvd Digital stands out with an impressive subscription rate of 5.08 times. Coreintegra and Pooja also performed well, with subscriptions of 1.40 times and 3.11 times, respectively, while S.K. Offset and Unitec Fibres showed lower but notable interest.
8 SME IPOs to open today, seek to raise Rs 440 crore; check price bands, lot sizes and key dates
Eight SME IPOs — TNA Solutions, Omara Ventures India, Sollfege Smart Electronics, Eventions, Acme India Industries, Paramount Syntex, SJP Ultrasonics and Dove Soft — open for subscription today, September 30, collectively seeking to raise around Rs 440 crore. Seven will list on BSE SME, while Eventions will debut on NSE SME.
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