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Waterways Leisure Tourism IPO Day 2: GMP signals flat debut - Should you apply?
Waterways Leisure Tourism IPO entered Day 2 with weak investor demand and a GMP of around 1%, signalling a flat listing outlook. Subscription stood at just 19% on Day 1, with limited institutional interest. Analysts advise caution, recommending investors focus on long-term prospects rather than listing gains.
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Advit Jewels IPO Day 2: Issue subscribed over 20x, GMP signals 41% listing gains. Should you bid?
Jaipur-based Advit Jewels' IPO is seeing massive investor interest, subscribed over 20 times on day two with a strong grey market premium. The Rs 165 crore issue, entirely a fresh offering, aims to bolster working capital and repay debt. Analysts recommend subscribing, citing robust growth and profitability, though gold price volatility remains a concern.
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CSM Technologies IPO opens: Check brokerage review, GMP and other details
The IPO will remain open until June 26. It is a book-built issue with a price band of Rs 147-155 per share. The issue comprises a fresh issue and an offer for sale, with the company seeking to raise funds for growth and existing shareholders partially monetising their holdings.
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Sri Priyanka Geo Commex IPO opens for subscription today. Check GMP, price band and other details
Retail investors can bid for a minimum of 1,200 shares, requiring an investment of Rs 2.54 lakh at the upper end of the price band. The minimum application size for HNI investors is 1,800 shares, amounting to Rs 3.82 lakh.
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Dhanwel Hybrid Seeds IPO: GMP among key details to know before subscription
The Rs 26.73-crore IPO is entirely a fresh issue of 27 lakh equity shares and will remain open for subscription till June 29
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Mega IPO wave set to sweep Dalal Street as July listings gather pace
India's IPO market is poised for a strong comeback in July, with over a dozen companies planning to raise approximately ₹45,000 crore. Major offerings from SBI Funds Management, Manipal Health Enterprises, and Zepto are leading the charge. Favorable market conditions, robust domestic investor participation, and easing global uncertainties are fueling this resurgence, signaling a positive outlook for the primary market.
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Turtlemint IPO ends with 1.2x subscription, QIBs lead demand
Turtlemint Fintech Solutions' ₹883-crore IPO saw robust demand, closing Tuesday with a 1.20 times subscription. Qualified Institutional Buyers led the charge, subscribing 1.59 times, while retail investors showed keen interest at 1.07 times. Despite a slower uptake from Non-Institutional Investors, the overall response indicates a positive market reception for the fintech firm's public offering.
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Renfra Energy submits papers with Sebi for IPO; eyes Rs 430-cr via fresh issue
Renfra Energy India is gearing up to unveil its Initial Public Offering (IPO), targeting Rs 430 crore by issuing new shares. In addition, the company intends to execute an Offer-for-Sale involving more than 47 lakh shares. The funds will be allocated towards debenture redemption, boosting working capital, and fulfilling general corporate requirements.
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TMC Transformers files DRHP with Sebi for Rs 550 crore IPO
TMC Transformers is set to launch an Initial Public Offering (IPO) aiming to raise up to Rs 550 crore. The funds will primarily finance a new Extra High Voltage transformer manufacturing facility in Gujarat. The company, a leader in specialized traction transformers for Indian Railways, boasts impressive revenue growth and strong profit margins, highlighting its robust manufacturing capabilities and market position.
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Swiss agritech firm Innoterra's Indian arm files for IPO
Innoterra Ltd, the Indian arm of Swiss agritech firm Innoterra AG, is preparing for an Initial Public Offering (IPO). The company plans to raise funds through a fresh issue of shares and an Offer-for-Sale by existing shareholders. Proceeds will be used for expanding milk collection infrastructure, working capital, and potential acquisitions. Innoterra operates as a leading B2B milk procurement platform, connecting farmers with institutional buyers via its technology-driven network.
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Aastha Spintex IPO Day 3: Issue subscribed 3 times; Check GMP and other details. Should you apply?
The company plans to deploy the IPO proceeds to acquire Falcon Yarns, meet working capital requirements, and support general corporate purposes.
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Knack Packaging IPO opens for subscription. Check GMP, brokerages review and other details
The IPO comprises a fresh issue worth Rs 380 crore and an offer for sale (OFS) of up to Rs 59.5 crore by existing shareholders. The price band has been fixed at Rs 161-170 per share, with investors able to bid for a minimum of 88 shares.
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Tamil Nadu based Stalwart People Services files DRHP for Rs 150 crore IPO
Tamil Nadu-based Stalwart People Services has filed its DRHP with Sebi to raise Rs 150 crore through a fresh issue of shares, alongside an offer for sale by promoters. The security, facilities management and staffing services company plans to use the proceeds for working capital, debt repayment and general corporate purposes.
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Fibe parent files draft papers with Sebi for IPO; aims to garner Rs 750-cr via fresh issue
Digital lending platform Fibe's parent company, Social Worth Technologies, is set to launch an Initial Public Offering (IPO). The company aims to raise funds through a fresh issue of shares and an offer-for-sale by existing shareholders. Proceeds will bolster its subsidiary's lending capital. Fibe, leveraging AI and data science, has seen significant growth in its assets under management and profits, expanding its product offerings beyond personal loans.
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Aastha Spintex IPO Day 2: GMP signals 4% listing gain; subscription nears full. Should you apply?
Aastha Spintex's Rs 170 crore IPO entered Day 2 with a 4% grey market premium (GMP), indicating a potential listing around Rs 141 versus the upper issue price of Rs 136. The IPO saw a steady start, with the issue 88% subscribed on Day 1.
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PRISM’s IPO filing mentions Zostel case, CCI investigation
In its UDRHP-I filing to Sebi, the company any 'adverse' outcome in legal proceedings involving Zostel may materially and adversely affect its business, reputation, prospects, results of operation and financial condition, including potential issuance or transfer of up to 7% of its shareholding.
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6 IPOs open for subscription with GMPs up to 28%. Check all details
The fresh offerings come amid mixed investor interest in the SME segment, although listing performance has remained muted in recent weeks, prompting investors to focus more closely on business fundamentals, valuations and subscription trends.
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PRISM files IPO papers for Rs 6650 crore fresh issue, reports Rs 748 crore profit in 9MFY26
Oyo's parent company, PRISM, has filed its IPO papers with SEBI, planning a Rs 6,650 crore fresh issue to repay borrowings. The hospitality giant reported significant revenue and profit growth for the nine months ending December 2025, driven by international expansion, particularly in the US following the G6 Hospitality acquisition. PRISM operates across 43 brands in over 35 countries, aiming to leverage scale and operational efficiencies.
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Waterways Leisure Tourism IPO sees a slow response on Day 1 so far. Should you subscribe?
Waterways Leisure Tourism’s IPO opened to a muted response, with subscription at 7% on Day 1 and weak institutional participation. While the company benefits from leadership in India’s cruise market and expansion plans, subdued grey market signals and execution risks have kept investor enthusiasm measured.
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Advit Jewels IPO booked over 6.5x on Day 1 so far; all categories oversubscribed; GMP signals 47% listing gains
Jaipur's Advit Jewels is experiencing a robust IPO debut, with investor demand surging on day one, leading to a 6.75 times subscription. The handcrafted jewellery firm's public issue is attracting significant interest from retail and non-institutional investors, bolstered by a strong grey market premium. Proceeds will bolster working capital and reduce debt, aiming for enhanced financial agility and growth.
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Over 200x subscription! Advit Jewels becomes the hottest IPO of 2026; GMP at 41%
Advit Jewels’ IPO closed with a blockbuster 212.62 times subscription, making it the most sought-after issue of 2026 so far. Strong demand across retail, NII and QIB categories, along with a grey market premium of around 41%, reflects robust investor appetite for the Jaipur-based jewellery maker’s public issue.
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Waterways Leisure Tourism IPO Day 3: Issue subscribed 69%, GMP signals flat debut. Should you apply?
Waterways Leisure Tourism IPO: The IPO received a lukewarm response on its final day of bidding, with the issue subscribed only 69% overall. While retail investors showed strong interest, subscribing their portion three times, participation from institutional investors remained weak.
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CSM Technologies IPO Day 2 update: Subscribed 32%, GMP at 4%. Should you subscribe?
CSM Technologies' IPO is seeing a subdued response on its second day, with only 32% subscription. Retail investors show more interest, subscribing to 53% of their quota. The grey market premium is a modest 4%, suggesting limited listing gains. The company, a digital transformation and GovTech solutions provider, aims to raise ₹145.78 crore. Analysts advise caution due to premium valuation and reliance on government contracts.
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Advit Jewels IPO Day 3: Issue subscribed 213x on strong retail, NII demand; GMP hints at 40% listing gains
Jaipur's Advit Jewels IPO is witnessing overwhelming investor interest, subscribed over 212 times by day three, with a significant 40% grey market premium. The Rs 165 crore issue, a fresh equity offering, will fund working capital and debt repayment. The handcrafted jewellery brand, operating under the Rambhajo name, specializes in traditional and contemporary designs, boasting strong financial growth and an integrated manufacturing facility.
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Avience Biomedicals shares make blockbuster debut, list at 90% premium on NSE SME
Avience Biomedicals made a spectacular debut on the NSE SME platform, with its shares rocketing 90% on listing day. The Rs 30.24 crore IPO, which was oversubscribed a staggering 385 times, saw strong demand across all investor categories. The company, a manufacturer of molecular diagnostic solutions, plans to use the IPO proceeds to expand its manufacturing capabilities and meet working capital needs.
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Crazy Snacks IPO opens for subscription today. GMP among key details to know
The IPO comprises a fresh issue of 60 lakh shares worth Rs 25.20 crore and an offer for sale (OFS) of 14.95 lakh shares aggregating to Rs 6.28 crore. The issue is priced in the Rs 39-42 per share band and will close on June 30. The shares are proposed to be listed on the BSE SME platform on July 3.
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Functional & Innovative Foods files DRHP with Sebi for IPO
Functional & Innovative Foods has filed its DRHP with Sebi for an IPO comprising a fresh issue of 60 lakh shares and an offer for sale of 25 lakh shares. The company plans to use the proceeds for capacity expansion, debt repayment, subsidiary investment, working capital and general corporate purposes.
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Swara Baby files DRHP with Sebi for Rs 1,000 crore IPO
Swara Baby has filed its DRHP with Sebi for a Rs 1,000 crore IPO, comprising a Rs 500 crore fresh issue and Rs 500 crore OFS. The hygiene products manufacturer plans to use proceeds for capacity expansion, debt repayment, and acquisitions as it taps into India’s fast-growing disposable hygiene market.
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SBI Mutual Fund planning IPO launch on July 13, to raise $1.2 billion
SBI Mutual Fund is set to launch its IPO on July 13, with a likely $1.2 billion issue size, making it one of the biggest in India’s financial sector. The offer-for-sale issue will see SBI and Amundi pare their stakes, with the price band announcement expected on July 9.
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Ratnadeep Retail files DRHP with SEBI for Rs 400 crore IPO; promoters to sell 1.49 crore shares via OFS
Ratnadeep Retail has filed draft IPO papers with SEBI to raise Rs 400 crore through a fresh issue, along with an offer for sale by promoters. The retailer plans to use the proceeds for debt repayment, store expansion and general corporate purposes as it strengthens its presence across southern India.
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Carlsberg said to file for India IPO to raise $700 million
Danish brewer Carlsberg is reportedly preparing for a significant move in India, confidentially filing for an Initial Public Offering of its local unit. The potential listing aims to raise up to $700 million through a secondary share sale, with the offering possibly happening later this year. This development adds to India's booming IPO market, with Carlsberg India being the nation's second-largest beer producer.
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Coca-Cola eyes $1 billion IPO for Indian bottling unit
Coca-Cola has invited investment banks to pitch for roles in the planned IPO of its Indian bottling arm, Hindustan Coca-Cola Beverages, in a deal that could raise around $1 billion. Presentations are set to take place in London next week, with Rothschild & Co., the company's adviser, meeting prospective banks as preparations for the proposed listing gather pace.
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Knack Packaging IPO Day 2: Issue subscribed 3 times, GMP indicates 16% listing gain. Should you apply?
Knack Packaging's IPO is attracting significant investor attention, with its shares trading at a 16% premium in the grey market. The public issue, which closes on July 3, has seen strong subscription rates, particularly from retail investors. The company plans to use the funds to expand its manufacturing capabilities. Brokerages recommend subscribing for the long term, citing the company's integrated operations and export strength.
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ShareChat, India’s Meta rival, plans $400 million IPO next year
Social media giant ShareChat is gearing up for a potential $400 million IPO next year, marking a significant turnaround after a period of cost-cutting. The company has achieved operational profitability, driven by the booming micro-drama segment on platforms like Moj and QuickTV. With annual revenues exceeding 10 billion rupees and a strong user base, ShareChat is leveraging AI to enhance content and reduce production costs, aiming for substantial margin expansion.
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IPO-bound NSE set to be the change in exchange game
India's sole listed stock exchange, BSE, faces a significant shift as rival NSE files for its own listing. NSE, dominating market share, is expected to list on BSE, creating a unique dynamic. Despite a recent revenue dip, NSE's IPO could offer a valuation discount compared to BSE, sparking investor debate on future market equilibrium and exchange valuations.
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NSE IPO to value exchange at Rs 5 lakh crore? 2 scenarios every investor should watch
NSE's proposed IPO could value the exchange at around Rs 5 lakh crore, making it one of India's most valuable listed financial institutions. Centrum outlines two scenarios that could shape post-listing performance, with sustained earnings growth supporting premium valuations while regulatory changes and slower derivatives volumes pose key risks.
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IPO Calendar: Mainboard IPO of Kusumgar among 3 new public offers on investors radar next week
Kusumgar's ₹650 crore IPO will open on July 8 with a 33% grey market premium. The engineered fabrics maker, serving defence and aerospace sectors, is launching a pure offer for sale, while two SME IPOs are also scheduled next week.
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SBI Funds Management seeks Rs 2,000 crore in pre-IPO round
SBI Funds Management, India's largest mutual fund, is planning a significant IPO, potentially raising up to ₹2,000 crore through a pre-IPO placement. This move precedes a larger ₹11,400 crore issue, slated for July. The entire IPO will be an offer for sale, with existing shareholders State Bank of India and Amundi India offloading shares. The fund house, holding a substantial market share, is valued highly in the unlisted market.
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Eswari Global Metal Industries files papers for Rs 1,100-1,300-cr IPO
Eswari Global Metal Industries is poised for a major Initial Public Offering (IPO) with an ambitious target of raising Rs 1,100 to Rs 1,300 crore. This strategy entails both a fresh share issuance and an offer-for-sale by existing promoters. The proceeds are earmarked for expanding manufacturing capabilities, clearing debts, and addressing general corporate requirements. The company has showcased impressive financial achievements for the nine-month period concluding December 2025.
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CSM Technologies IPO fully subscribed on final day; GMP hints at 4% listing gain. Should you subscribe?
CSM Technologies' IPO successfully crossed the finish line, fully subscribed on its final day, driven by strong retail investor interest. The issue, aiming to raise Rs 145.78 crore, is expected to offer modest listing gains with a grey market premium around 4%. The company, a digital transformation and GovTech solutions provider, has shown consistent financial growth, though analysts note a premium valuation and reliance on government contracts.
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Turtlemint Fintech shares list at 11% discount to IPO price on NSE, BSE
Turtlemint Fintech Solutions experienced a subdued market debut, with shares listing at a discount to their IPO price on both NSE and BSE. This followed expectations from the unlisted market, which had indicated a negative grey market premium. The company's Rs 883 crore IPO, aimed at strengthening technology and expanding operations, saw mixed subscription, with institutional investors showing more interest than retail and non-institutional segments.
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Aastha Spintex IPO opens for subscription. Check GMP, brokerages review and other details
The company plans to utilise the proceeds for the acquisition of Falcon Yarns, funding the working capital requirements of Falcon Yarns and general corporate purposes.
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Adon Agro Commodities IPO: GMP among key details to know before subscription
Investors can bid for a minimum of 4,000 shares, requiring an investment of Rs 2.8 lakh at the upper end of the price band. Galactico Corporate Services is the book-running lead manager, while KFin Technologies is the registrar to the issue.
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Twinkle Papers IPO opens for subscription today. Check GMP, price band and other details
Retail investors can bid for a minimum of 4,000 shares, requiring an investment of Rs 2.76 lakh at the upper end of the price band. Novus Capital Advisors is the book-running lead manager, while Alankit Assignments is the registrar to the issue.
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Silver Consumer Electricals concludes Rs 150 cr pre-IPO secondary share sale
Silver Consumer Electricals, renowned for its pumps and motors, has successfully raised Rs 150 crore through a pre-IPO secondary share sale. A 2.59% stake was sold by a promoter group member to investor Riyaz Suterwala, paving the way for its upcoming initial public offering. With its DRHP filed last August, the Rajkot-based company aims to secure up to Rs 1,400 crore to address debt and enhance corporate operations.
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Strong bet! SBI Mutual Fund investors already sitting on 3x returns ahead of IPO launch
SBI Mutual Fund’s unlisted shares have delivered nearly 3.8x returns over the past three years, helped by sharp price appreciation and a 3:1 bonus issue, ahead of its proposed IPO. With Sebi’s approval in place, the country’s largest asset manager is expected to launch its public issue in early July.
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IPO wave ahead: Jio, NSE among 10 public offers to watch in rest of 2026
India’s IPO market is set for a strong rebound in the second half of 2026, with major listings such as Jio Platforms, NSE and SBI Mutual Fund lined up. A mix of large corporates and new-age firms like Zepto and Acko is expected to drive primary market activity across sectors.
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Temasek-backed Manipal Health gets SEBI approval for India IPO, eyes July listing
Manipal Health Enterprises, with the support of Singapore's Temasek, has successfully obtained approval from SEBI for its initial public offering, set to take place in late July or early August. This ambitious hospital chain is targeting one of the largest IPOs in India's healthcare landscape, aiming to raise as much as $1.2 billion, despite the current cautious market filled with geopolitical uncertainties and heavy foreign sell-offs.
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Moneyview, Chandan Steel get Sebi's approval for IPOs
The Securities and Exchange Board of India (Sebi) has granted approval for the Initial Public Offerings of fintech unicorn Moneyview and Chandan Steel. Moneyview strives to raise Rs 1,500 crore through a combination of fresh issues and offer for sale, aiming to enhance its financial services and loan disbursement operations. This milestone showcases a vibrant uptick in India's IPO landscape, with Sebi's approval being a vital step for both entities.
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Kusumgar IPO price band fixed at Rs 398–419; Rs 650-crore issue opens July 8, GMP at 33%
Kusumgar has set its IPO price band at Rs 398–419 for a Rs 650-crore offer for sale, opening July 8. The issue has a grey market premium of about 33%, signalling strong demand. The company has reported steady revenue and profit growth, supported by a diversified industrial fabric portfolio.
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Knack Packaging IPO Day 3: Issue subscribed 83x at close; GMP signals 17% listing gain
Knack Packaging's Rs 439.5-crore IPO was subscribed 73 times on the final day of bidding, led by strong demand from QIBs. The grey market premium (GMP) indicates a potential 17% listing gain. Brokerages Choice Broking and Anand Rathi have recommended subscribing to the issue for the long term.
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Kusumgar's Rs 650-crore IPO to open on July 8; entire issue an OFS
Kusumgar's Rs 650-crore IPO will open for subscription on July 8, with the entire issue structured as an offer for sale. The engineered synthetic fabrics manufacturer serves aerospace, defence, automotive and outdoor lifestyle sectors, and reported FY26 revenue of Rs 712 crore and profit of Rs 98 crore.
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IC Electricals IPO opens today: Grey market signals a strong 40% listing premium
IC Electricals will launch its NSE SME IPO, comprising an entirely fresh issue of 48.39 lakh equity shares. The IPO will remain open from July 3 to July 7, 2026, with the allotment expected on July 8 and a tentative listing on the NSE SME platform on July 10, 2026.
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Carlsberg files IPO papers to raise $700 million
Danish brewer Carlsberg has taken a significant step towards listing its Indian operations by confidentially filing draft papers for a $700 million IPO with the Bombay Stock Exchange. Managed by top financial institutions, the move follows a year of preparations, including strengthening governance and converting to a public limited company. This IPO aims to tap into India's growing beer market, where its unit already holds a substantial share.
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