IPO News

PhonePe had started its IPO preparation in February this year. The company has reportedly appointed four merchant bankers—JP Morgan, Citi India, Morgan Stanley, and Kotak Mahindra Capital—to manage its initial public offering (IPO).

The proposed IPO consists of a fresh issue of equity shares worth up to ₹600 crore, along with an offer for sale (OFS) of up to 39,37,008 shares by Pragnyat Pravin Lalwani and up to 39,37,007 shares by Gautam Sampatraj Jain.

Upcoming IPO: Aegis Vopak Terminals received final approval from SEBI to raise ₹3,500 crore via an IPO. The company operates India’s largest storage terminals for LPG and liquid products, managing 1.50 mln cubic meters capacity. Proceeds will be used for loan repayment and capital expenditures.

SME stock Sathlokhar Synergys E&C Global has offered a 249% gain to IPO allottees in a span of less than nine months following a blockbuster debut. It recently received a ₹219.22 crore order, contributing to a substantial order book of ₹1,124.02 crore for upcoming quarters.

More Retail, backed by Amazon, aims to launch an IPO next year. The company saw an 11% rise in sales in fiscal 2025 and plans to enhance its collaboration with Amazon Fresh by opening 500 new stores over the next 18 months.

India’s IPO market faces challenges amid global turmoil from Trump’s tariffs, leading to a lack of new offerings. Despite 144 draft documents filed with SEBI, investor caution and market volatility are limiting opportunities for promoters and merchant bankers.

Trump tariff or a bear market is not deterring Indian founders. As per a report by Rainmatter about 36 Indian Companies are in line to file for IPOs by 26-27, and that collectively these companies are valued at 100bn Overall 50 companies as of now have SEBi approval and are waiting for the right time to file for an IPO. Almost 12 VC backed companies are in different stages of going public in this FY. Money to be raised to the tune of 66,000 Cr . But what is driving even the thought of IPOs in the bear mkt? #trumptariffs #news #donaldtrump #ipo #sensex #sharemarketcrash #share #stockmarket #stockmarketnews #nse #bse #narendramodi #zomato #trumptariffs #tariffs #china #india #usa #sharemarket #abhinavtrivedi #breakingnews #worldnews #businessnews #tradewar #trader #trade #stockoptions #stoploss

IPO Watch: The upcoming IPO Anthem Biosciences consists solely of an offer for sale (OFS) of equity shares totaling up to ₹3,395 crore from promoters, investors, and other selling shareholders.

Upcoming IPO: Ather Energy plans to cut its IPO size to ₹2,900-3,200 crore from ₹3,500-3,700 crore. The electric two-wheeler company now seeks a post-money valuation of ₹12,800 crore, down from ₹14,000 crore, due to volatile market conditions and low investor interest.