Mouri Tech Limited, a leading provider of IT solutions and services, has re-submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI), aiming to raise ₹1,500 crore through an initial public offering (IPO). This marks the company’s second DRHP filing, following its initial submission in September 2024. Nuvama Wealth …
India’s electric vehicle (EV) landscape is gearing up for a high-voltage boost, with Bengaluru-based Simple Energy announcing plans to raise ₹3,000 crore through an Initial Public Offering (IPO) by FY27. Founded by Suhas Rajkumar, the electric two-wheeler startup is setting aggressive goals in manufacturing, sales, and R&D to fuel its growth ahead of the public listing. IPO Plans: Funding …
The Securities and Exchange Board of India (SEBI) has granted approval to five companies to raise capital through Initial Public Offerings (IPOs), as per its circular dated May 2, 2025. The companies that received the regulator’s green light are Veritas Finance, Ajay Poly, Regaal Resources, Laxmi India Finance, and Jajoo Rashmi Refractories. Veritas Finance IPO Chennai-based …
According to a news report, Jio Platforms, a digital services powerhouse under Reliance Industries, is reportedly preparing to initiate the process for its highly anticipated initial public offering (IPO). If realised, this move could catapult the company into the league of the world’s top 6 telecom firms by enterprise value (EV). Industry analysts have projected …
LG Electronics has announced that it is not rushing into the planned ₹15,000-crore initial public offering (IPO) of its Indian subsidiary. The decision was shared by chief financial officer Chang-tae Kim during the South Korean company’s first-quarter earnings call. Citing a volatile share market and broader macroeconomic uncertainty, Kim stated that the company is not …
Ludhiana-based SK Minerals & Additives has filed draft papers with the BSE SME platform to raise funds through an Initial Public Offering (IPO). The IPO comprises a fresh issue of up to 32.4 lakh equity shares with a face value of ₹10 each. The company filed its Draft Red Herring Prospectus (DRHP) on April 28, …
Nearly 6 months after withdrawing its draft papers for an initial public offering (IPO), BMW Ventures Ltd. has once again approached the Securities and Exchange Board of India (SEBI), signalling its renewed intention to go public. The Bihar-based steel and machinery distribution company has made slight revisions to its offer, particularly in the deployment of …
India’s tech startup ecosystem is gearing up for what could be a defining phase in its public markets journey. Over three dozen startups collectively valued at more than $100 billion are expected to go public by 2027. This marks a significant rebound in IPO activity, especially after a quieter period in India’s capital markets. Flipkart, …
The National Stock Exchange (NSE), India’s largest equity bourse, has long harboured plans to go public. Initially filing its draft red herring prospectus in 2016 to raise ₹10,000 crore through an offer for sale, the IPO was expected to be a landmark event in Indian capital markets. However, the process has been delayed for over …
Oyo Hotels, the hospitality firm led by Ritesh Agarwal, has postponed its proposed India listing that was initially targeted for October. The delay, reported by Bloomberg, stems from differences with early investor SoftBank, which holds a significant 40% stake in the company. Founder Agarwal owns 30% of the firm. SoftBank Pushes for Profitability Before IPO …
