The primary markets continue to witness strong momentum as several companies from diverse sectors are preparing to go public via launching their initial public offerings (IPOs). From power infrastructure and metals to hospitality and renewable energy, these IPOs reflect both investor appetite and corporate growth ambitions. Here are companies which have filed draft papers with the Securities and Exchange Board of India (SEBI)
Sterlite Electric, a part of the Vedanta Group, has filed its draft papers with SEBI for an initial public offering. The IPO will consist of a fresh issue of 77.9 lakh equity shares and an offer for sale (OFS) of an equal amount. The proceeds are intended for debt reduction, capital expenditure, including investments in new plants and machinery, and general corporate purposes. Sterlite Electric operates in the power transmission and distribution sector, serving both domestic and international markets.
Mumbai-based Rays Power Infra is planning to raise ₹1,150 crore through its IPO, comprising a fresh issue of ₹900 crore and an OFS of ₹250 crore. The funds will be channelled primarily into its subsidiary, Rays Green Energy, to set up a 1.5 GW solar cell manufacturing plant in Madhya Pradesh. Additional proceeds will support working capital requirements and other corporate needs.
Augmont Enterprises, a fully integrated platform for gold and silver trading and logistics, is looking to raise ₹800 crore through its IPO. The offering includes a fresh issue of ₹620 crore and an OFS of ₹180 crore. The capital raised will be utilised for working capital, inventory procurement, advance margin funding, and other general corporate expenses.
Gujarat-based Rotomag Enertec, a manufacturer of energy-efficient electric motors and alternators, has proposed an IPO worth ₹500 crore through a fresh issue, along with an OFS of 2.4 crore shares from existing promoters and investors. The company is also considering a ₹100 crore pre-IPO placement. Funds will go towards redeeming non-convertible debentures, working capital, and corporate purposes.
Oswal Cables is set to launch an IPO featuring a ₹300 crore fresh issue and an OFS of 2.22 crore shares. The proceeds will support the establishment of a new project, debt repayment, and general corporate requirements. The company is engaged in the manufacturing of cables and related infrastructure products.
Also Read: Upcoming IPO: Capillary Technologies Secures SEBI Approval for IPO to Raise ₹430 Crore
New Delhi-based Pride Hotels has filed for an IPO comprising a fresh issue of ₹260 crore and an OFS of 3.92 crore shares. The capital raised will be directed toward hotel renovations, repayment of borrowings, and other corporate needs. The company is also evaluating a pre-IPO placement of up to ₹52 crore.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Oct 3, 2025, 8:07 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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