News

French spirits major Pernod Ricard has begun early steps toward a potential initial public offering (IPO) of its India unit, according to media reports, marking a shift from its earlier stance of ruling out such a listing. The Paris-listed maker of Absolut vodka and Chivas Regal whisky is in discussions with prospective advisers as it […]

Fintech unicorn Razorpay is set to confidentially file draft papers for an initial public offering (IPO) in the coming weeks, marking a significant step toward its public market debut. The company is aiming to raise between $600 million and $700 million through the offering, according to multiple reports. The IPO is expected to value the […]

SBI Mutual Fund, India’s largest asset management company, has filed its draft red herring prospectus (DRHP) with SEBI, setting the stage for one of the most significant IPOs in the financial services sector. The proposed issue will be entirely an offer for sale (OFS), with promoters State Bank of India (SBI) and Amundi India offloading […]

PhonePe has temporarily suspended its much-anticipated initial public offering (IPO), citing heightened geopolitical tensions and volatile market conditions driven by the ongoing conflict in West Asia, particularly involving Iran. The Walmart-backed fintech firm was earlier expected to launch its IPO around April 2026, targeting a valuation of about $9–10.5 billion. However, increased uncertainty in global […]

Warburg Pincus-backed Truhome Finance has filed draft papers with the Securities and Exchange Board of India (SEBI) to raise ₹3,000 crore through an initial public offering (IPO), according to its draft red herring prospectus (DRHP). The proposed public issue comprises a fresh issue of equity shares worth ₹1,500 crore and an offer for sale (OFS) […]

PhonePe is preparing for a public listing that could value the Walmart-backed fintech firm at around ₹97,000 crore, drawing comparisons with its listed rival Paytm and setting the stage for a fresh contest in India’s fintech sector. PhonePe currently leads the digital payments ecosystem in scale and reach. The platform commands more than 45% share […]

Bengaluru-based fintech unicorn Moneyview has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise ₹1,500 crore through an initial public offering (IPO), marking a key step toward its public market debut. The proposed IPO will comprise a fresh issue of shares, with the company planning to […]

The National Stock Exchange of India Ltd. (NSE) has taken a key step toward its long-delayed initial public offering (IPO), inviting investment banks to pitch for roles in the proposed share sale, people familiar with the matter said. This move signals renewed momentum for what could be one of India’s biggest listings. NSE has issued […]

Maharashtra State Electricity Distribution Company Ltd (MSEDCL) has outlined a major restructuring plan ahead of its initial public offering (IPO), aiming to complete a demerger of its agricultural load segment by April and list the company by December 2026. The state-run power distributor plans to carve out its agricultural operations into a separate firm to […]

Danish brewing giant Carlsberg A/S is considering an initial public offering (IPO) for its Indian business as it seeks to unlock shareholder value amid rising sales and strong market performance. Group CEO Jacob Aarup-Andersen confirmed the company’s intent to explore a listing on Indian bourses but stressed that no final decision has been taken. Speaking […]

Bonfiglioli Transmissions, a leading Indian provider of mechanical and electro-mechanical power transmission and industrial drive solutions, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) ahead of a proposed initial public offering (IPO). The IPO will be a pure offer-for-sale (OFS), with the promoter, Italy-based Bonfiglioli S.p.A […]

The Securities and Exchange Board of India (SEBI) has granted final approval for the initial public offerings (IPOs) of eight companies, marking a significant uptick in capital-markets activity. The firms cleared to proceed include InCred Holdings, Elevate Campuses, Aarvee Engineering Consultants, Laser Power & Infra, Armee Infotech, Ardee Industries, Shankesh Jewellers, and Sedemac Mechatronics. SEBI’s […]

Apparel and jewellery retailer Marri Retail has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), setting the stage for an initial public offering (IPO) aimed at raising up to ₹522 crore through a fresh issue of equity shares. The proposed IPO combines the fresh issue of shares […]

India’s National Stock Exchange (NSE) has secured a crucial regulatory green signal as the Securities and Exchange Board of India (Sebi) has issued a no-objection certificate (NoC) for the exchange’s initial public offering (IPO), effectively reviving plans stalled for nearly a decade. The market regulator’s clearance allows NSE, the country’s largest bourse, to formally engage […]

Insurtech startup Turtlemint has filed an updated draft red herring prospectus (UDRHP) with the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO), setting the stage for its debut on Indian markets. The proposed IPO will include a fresh issue of equity shares worth ₹660 crore alongside an offer-for-sale (OFS) of […]

Fractal Analytics, one of India’s leading artificial intelligence (AI) and data analytics firms, is gearing up to launch its highly anticipated initial public offering (IPO) in the first week of February 2026, according to industry and market sources. The company is targeting a ₹2,800-3,000 crore issue size, marking one of the country’s biggest tech public […]

India’s leading digital payments firm PhonePe has received approval from the Securities and Exchange Board of India (SEBI) to launch its highly anticipated initial public offering (IPO), marking a pivotal step toward listing on Indian exchanges. The SEBI nod clears the way for what could be one of the largest new-age tech listings in the […]

Coca-Cola Co. is gearing up for a major initial public offering (IPO) of its Indian bottling subsidiary, Hindustan Coca-Cola Beverages (HCCB), targeting roughly $1 billion (about ₹9,027 crore) in equity capital, according to people familiar with the matter. The global beverages giant has engaged prominent investment banks, including Kotak, HDFC Group and Citibank, to advise […]

Executive Centre India Ltd, a provider of premium flexible workspace solutions, has received regulatory clearance from the Securities and Exchange Board of India (SEBI) to launch its ₹2,600 crore initial public offering (IPO). The proposed offering will comprise a fresh issue of equity shares with a face value of ₹2 each. As per the company’s […]

Flipkart-backed logistics services provider Shadowfax Technologies is set to launch its maiden public offering next week, with plans to raise ₹1,900 crore through an initial public offering (IPO) and targeting a post-issue valuation of about ₹7,400 crore.  The proposed IPO comprises a fresh issue of shares worth ₹1,000 crore and an offer-for-sale (OFS) of ₹900 […]

The Securities and Exchange Board of India (SEBI) is poised to grant regulatory clearance for the long-awaited initial public offering (IPO) of the National Stock Exchange (NSE), with the regulator’s approval expected by the end of January. SEBI Chairman Tuhin Kanta Pandey indicated that the market watchdog is at an advanced stage of issuing a […]

Reliance Industries Ltd’s digital arm, Jio Platforms, is considering selling around 2.5% equity through an initial public offering (IPO) in 2026, a move that could result in India’s largest-ever stock market debut. The proposed stake sale could raise $4–5 billion, depending on market conditions and valuation, with bankers estimating Jio’s overall valuation at $180–200 billion. […]

Hindustan Laboratories Ltd, a Mumbai-based pharmaceutical company specialising in the manufacture and supply of generic medicines, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), indicating its plans to tap the primary market through an initial public offering (IPO). The proposed IPO comprises the issuance of up […]

India’s largest asset manager, SBI Mutual Fund (operated by SBI Funds Management Ltd), is advancing plans for a blockbuster initial public offering (IPO) targeted for 2026. The listing could rank among the country’s largest IPOs in recent years, with the company expected to raise over $1 billion from the sale. The State Bank of India […]

Billionbrains Garage Ventures, Groww’s parent company, has filed its updated draft red herring prospectus with SEBI for an IPO expected to raise around ₹7,000 crores. The issue comprises a fresh share sale of ₹1,060 crores and an offer-for-sale component of 5.74 crore shares by existing investors. The OFS is expected to be valued between ₹5,000-6,000 […]