IPOs

PhonePe's upcoming IPO in 2026, structured as an Offer for Sale, sees Walmart diluting 9% of its stake to meet SEBI's public shareholding requirement. Most shareholders, including founders, are retaining their investments, signaling strong confidence in the company's growth and fundamentals.

Aritas Vinyl SME IPO listing: Aritas Vinyl share price hit its 5% lower circuit after a flat opening on Friday, January 23, on the BSE SME. After opening at par with the issue price, the SME stock hit its 5% lower circuit of ₹44.65.

The Digilogic Systems IPO allotment is set for today, with investors able to check their status via Kfin Technologies. The IPO subscription stands at 1.10x, and refunds for unallocated shares will begin on January 27, while shares will be credited the same day.

Alibaba Group Holding Ltd. is preparing to list its chipmaking arm, tapping strong investor interest in the small circle of companies aspiring to compete with Nvidia Corp. in the hot AI accelerator business.

Hannah Joseph Hospital IPO started on January 22 and ends on January 27, with a price band of ₹67-70 per share. Investors can bid for a minimum of 2,000 shares. The hospital focuses on various specialties and aims to use IPO proceeds to enhance services.

Shadowfax Technologies IPO has garnered a 60% subscription rate by day 2. While poised for growth in logistics, profitability remains a concern. The offering is suitable for high-risk investors, with plans for network expansion and enhanced services to attract major clients like Flipkart & Meesho.

Shadowfax Technologies IPO GMP today: According to market observers, shares of the company are available at a premium of ₹4 in the grey market today

Aritas Vinyl IPO allotment is set for today, January 21. The ₹37.52 crore IPO was oversubscribed 2.21 times, with retail investors oversubscribing 2.88 times. Refunds begin January 22 for those not allotted shares, which will be credited the same day. Listing on BSE SME is expected January 23.

KRM Ayurveda IPO, opened on January 21, saw a subscription of 0.66 times by 01:30 PM. The price band is set between ₹128-135, aiming to raise ₹77.5 crore. The allotment date is January 27, with shares listing on NSE SME scheduled for January 22.

Blackstone Inc. is considering an initial public offering for Indian glass packaging maker PGP Glass Pvt. in Mumbai that could raise as much as $500 million, according to people familiar with the matter.