Gujarat-based Dev Accelerator has refiled its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on March 30, 2025. The company, which offers flexible workspace solutions across India, aims to raise funds through an Initial Public Offering (IPO) consisting entirely of a fresh issue of 2.75 crore equity shares. This is an …
India’s equity landscape is poised for a massive transformation, with over 3 dozen tech startups preparing for initial public offerings (IPOs) by 2027. According to a report, this new wave of public listings is valued at approximately $100 billion, marking a significant revival in India’s capital markets. A Line-up of High-Profile IPO Contenders Leading this surge are …
The proposed initial public offerings (IPOs) of two major non-banking financial companies—HDB Financial Services and Hero FinCorp—are facing delays in receiving approvals from India’s capital market regulator. As per news reports, the Securities and Exchange Board of India (SEBI) has withheld approval for these much-anticipated IPOs, as share sales by these companies may have inadvertently …
Ather Energy has recently re-filed its initial public offering (IPO) draft papers as mentioned in its various news reports. Through this IPO, Ather plans to raise ₹3,700-4,000 crore. This will be through a mix of primary and secondary share sales. Use of IPO Proceeds As mentioned in DRHP dated September 9, 2024, Aether plans to …
Spinaroo Commercial IPO opened for subscription on March 28, 2025, and it closed on April 3, 2025. This is a fixed price issue, with the company aiming to raise approximately ₹10.17 crore. The offering comprises a fresh issue of ₹10.17 crore, each carrying a face value of ₹10. The IPO price has been set to ₹51 …
Infonative Solutions IPO is a book-built issue of ₹24.71 crore, comprising 31.28 lakh fresh shares at a price band of ₹75-₹79 per share. The IPO opened on March 28, 2025, and closes on April 3, 2025, with allotment expected on April 4, 2025, and a tentative listing on April 8, 2025, on the BSE SME platform. …
The Securities and Exchange Board of India (SEBI) has granted an extension to the National Securities Depository Ltd (NSDL) to launch its highly anticipated initial public offering (IPO) by the end of July 2025. The extension follows the original deadline set for this month, ensuring the successful rollout of one of the most awaited IPOs …
Jain Resource Recycling Ltd. has filed its Draft Red Herring Prospectus (DRHP) with SEBI to raise up to ₹2,000 crore through an Initial Public Offering (IPO). The IPO will consist of a fresh issue of ₹500 crore and an Offer for Sale (OFS) of ₹1,500 crore from existing shareholders. The face value of each share is …
Swastika Infra, an engineering, procurement and construction (EPC) company based in Jaipur, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO). The issue includes a fresh issuance of equity shares worth ₹200 crore and an offer-for-sale (OFS) of 19.2 lakh equity shares …
The shared office space provider IndiQube has received approval from the market regulator, the Securities and Exchange Board of India (SEBI), to raise ₹850 crore through an initial public offering (IPO). According to IndiQube’s draft red herring prospectus (DRHP) filed in December 2024, the company plans to issue equity shares worth ₹ 750 crore through …
