UPCOMING IPO
Frontier AI slowdown a distraction, compute is the real constraint: early Anthropic backer Menlo Ventures
Menlo Ventures' Matt Murphy called the slowing down "a bit of a red herring", and said compute, not intelligence, is the real constraint, in an interview with ET at the fund's headquarters in Menlo Park recently. A 20 or 30% moderation in pace, he explained, would not have a dramatic impact on foundation model companies. "The models are already intelligent enough to serve the market in front of us… which is an enormous market for AI companies," he said.
Carlsberg India IPO gets Sebi approval along with three other public offers. Check details
India’s IPO pipeline expands as Sebi clears papers for Carlsberg India, Matangi Rubber, Ujin Pharma and TMC Transformer. The approvals come amid strong primary-market activity, with over 50 companies filing draft IPO papers in September despite volatility in broader equity markets.
FY27 comeback: India IPOs raise record Rs 94,000 crore in first half, average listing gain doubles
Indian mainboard IPOs raised a record Rs 94,205 crore in H1 FY27, up 35% year-on-year, driven by a strong late-quarter surge in August and September. Average listing gains jumped to 19% from 7% last year, while overall public equity market fundraising touched Rs 2.43 lakh crore.
SRIT India, Shah Investor’s Home IPO Day 3: Check subscription, latest GMP and other key details
SRIT India IPO has so far been subscribed 4.16 times, indicating strong investor interest for the issue. The grey market premium for SRIT India stands at Rs 33, suggesting a potential listing price of Rs 163 per share. In contrast, Shah Investor's Home IPO was subscribed 1.10 times, reflecting a slower response from investors.
IPO express picks up steam: Anmol Industries, Koolking Industries, 5 other firms file draft papers with Sebi
Seven companies spanning biscuits, beer, HVAC components, agricultural machinery, engineering, edible oils and telecom infrastructure have filed DRHPs with Sebi for proposed IPOs. Anmol Industries is seeking to raise up to Rs 1,800 crore, while five other companies have proposed fresh issues of up to Rs 300–370 crore, alongside OFS components.
- Go To Page 1
India’s potential IPO pipeline swells to Rs 3.86 lakh crore, 3.5 times funds raised so far in 2026: Report
India’s potential mainboard IPO pipeline is estimated at around Rs 3.86 lakh crore in the second of 2026, nearly 3.5 times the Rs 1.10 lakh crore raised so far in the year, according to AIBI. Of this, potential IPOs worth Rs 2.43 lakh crore have received the Sebi approval, while another Rs 1.44 lakh crore is awaiting clearance, the report said.
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.
Banks rethink UPI play; Big Tech's AI pivot dents Indian IT
Happy Wednesday! The return of MDR on UPI is pushing banks to rethink products and budgets. This and more in today’s ETtech Morning Dispatch.
Spinny books IPO ride; UPI subsidies may end
Spinny has confidentially filed for its initial public offering. This and more in today’s ETtech Top 5.
Rs 4,169 crore IPO rush this week: 19 issues to open for subscription; NSE to lead 12 listings
India’s primary market is set for a busy week, with 19 IPOs aiming to raise around Rs 4,169 cr, led by Elevate Campuses and Varmora Granito. The week will also see 12 listings, including NSE, as investors track grey market trends.
Valmiki Leela Capital eyes Rs 3,000 crore IPO pipeline over 18 months
Valmiki Leela Capital has built a ₹3,000 crore IPO pipeline for the next 12-18 months across renewable energy, power, pharmaceuticals, packaging and electrical goods after completing its maiden ₹460-crore Deepa Jewellers mainboard mandate with strong investor subscription.
Steamhouse IPO allotment likely today: GMP signals 30% listing gain; here’s how to check status
Steamhouse India’s Rs 414 crore IPO is set to finalise allotment, with its shares scheduled to list on September 17. The issue was subscribed nearly 32 times, while the IPO’s GMP indicates a potential 28% listing gain. Investors are also tracking the company’s plans to reduce debt, expand capacity and strengthen its financial performance following a 24% rise in FY26 profit.
Oriental Insurance hopes to turn corner in FY27 assisted by NSE stake dilution
Looking ahead, Oriental Insurance Company projects a profitable turnaround by 2026-27, facilitated by a planned stake dilution in the National Stock Exchange through an upcoming IPO. The company plans to offer close to 49.57 lakh shares in this process. Such a move is anticipated to enhance financial stability and liquidity, with subscriptions commencing on September 17, marking a key milestone for the insurer.
Hidden goldmine! How NSE IPO will unlock Rs 95,000 crore value for over 20 listed companies
The NSE IPO could unlock significant hidden value for 26 listed shareholders, whose combined NSE holdings could be worth around Rs 94,619 crore at the tentative upper price of Rs 1,785 per share. LIC stands to benefit the most, with its 26.53-crore-share stake valued at around Rs 47,351 crore.
India’s IPO fundraising set to cross Rs 1 lakh crore in 2026
Indian IPO fundraising is projected to exceed one lakh crore rupees in 2026. This milestone has been achieved previously in 2021, 2024, and 2025. Upcoming IPOs from NSE and Jio Platforms are expected to significantly boost total collections. Elevated share valuations and strong domestic investor appetite encourage companies to list. Robust market liquidity and consistent mutual fund inflows are driving this trend.
CDSL’s IPO jackpot comes with a valuation catch. Jefferies sets Rs 1,315 target
Jefferies retained a Hold on CDSL with a Rs 1,315 target, implying 7% downside from Rs 1,414.90. While the IPO revival could add 3–4% to earnings, CDSL’s EPS is expected to grow 19% CAGR over two years, driven by new demat accounts, IPO income and margin expansion.
IPO flood breaks 30-year record as 6 issues hit stock market on same day
The six issues, Rentomojo, Asset Reconstruction Company (India), Manipal Payment & Identity Solutions, Steamhouse India, LCC Projects and Karamtara Engineering, are collectively seeking to raise ₹4,509.68 crore.
FPIs resume selling; pull out Rs 7,443 cr from equities in first week of Sep
September witnessed a notable outflow of Rs 7,443 crore from Indian equities as foreign investors retracted their investments, a stark contrast to the previous months' inflows. Contributing factors include increasing crude oil prices and robust US bond yields affecting investor confidence. Meanwhile, India's primary market still captivates foreign funds, showing resilience in attracting capital.
Rentomojo set to go public at Rs 4,246 crore valuation, set to raise Rs 1,256 crore via IPO
In its ambitious IPO initiative, Rentomojo targets a valuation of ₹4,246 crore, while securing ₹150 crore in fresh funding. Additionally, existing investors plan to divest shares valued at ₹1,106 crore through an offer for sale. Impressively, the startup reported a 142% jump in net profit, which reached ₹104.3 crore in FY26. Mark your calendars, as the IPO launches on September 9.
Rentomojo fixes price band for Rs 1,256 crore issue opening on September 9
Rentomojo has fixed its IPO price band at Rs 384-404 per share for its Rs 1,255.57 crore public issue, which will open on September 9 and close on September 11. The IPO comprises a Rs 150 crore fresh issue and an OFS worth Rs 1,105.57 crore, with the company’s FY26 P/E valuation of up to 40 times likely to be a key factor for investors.
Glass Wall Systems announces IPO price band for issue opening on September 8. Check details
Glass Wall Systems has fixed its IPO price band at Rs 172-182 per share, with the issue opening on September 8 and closing on September 10. The Rs 60 crore fresh issue and OFS of up to 2.02 crore shares will fund a glass processing unit and general corporate purposes, while the company’s strong order book and position in India’s facade solutions market remain key highlights.
Will Dalal Street see record Rs 70,000 crore IPOs in September? Jio and NSE buzz raises stakes
India’s IPO market could see a record fundraising month in September, with companies potentially raising up to Rs 70,000 crore if Jio Platforms or NSE launches its public issue. More than 25 IPOs are expected, as strong domestic liquidity, improved listing performance, and pent-up supply drive the primary market revival.
IPO fever grips D-Street: 3 issues to open for subscription; 8 new listings lined up for next week
India’s primary market is set for a busy week, with three mainboard IPOs opening to raise a combined Rs 1,264.72 crore. Meanwhile, eight companies are scheduled to list, including five that have completed their IPOs and three whose ongoing issues will close before their shares make their D-Street debut.
Sebi approves 7 IPOs including Jio Platforms, Paras Healthcare and Bharat PET
Sebi has approved seven IPOs, led by Reliance-backed Jio Platforms’ proposed Rs 37,700 crore offering. Paras Healthcare, Bharat PET, Paramotor Digital Technology, Pushp Brand, MK Sons Fine Jewels and Sadbhav Futuretech also received approvals, expanding India’s primary-market pipeline.
Retail investors show increased discernment in IPO market, leading to more sober pricing
Retail investors are now more discerning in the IPO market, which is a positive development. Nearly one-third of mainboard IPOs in 2026 saw undersubscribed retail portions. Foreign investors are avoiding issues with high valuations, while domestic institutions seek larger allotments. Companies are also pricing their offerings more realistically, indicating a maturing market. This shift reduces the risk of primary and secondary market valuations decoupling.
Load More
