IPO | Page 4

A growing number of Indian startups originally incorporated abroad are now shifting their domicile back to India. This move commonly referred to as a "reverse flip" marks a significant shift in strategy for high-growth startups looking to align more closely with India's maturing capital markets, evolving regulatory landscape, and investor expectations.

The offer will close on Monday, July 14, 2025, while the Anchor Investor bidding window opens and closes a day earlier, on Wednesday, July 9, 2025.

Meesho, a leading name in India's fast-growing e-commerce space, has filed confidential documents for an initial public offering (IPO). Travel Food Services (TFS), known for operating food counters and lounges across India's major airports, is set to launch its INR 2,000 crore initial public offering (IPO).

The IPO will open for subscription on July 4, 2025, and close on July 8, 2025. Priced between INR 153 and INR 161 per equity share with a face value of INR 10 each.

The selling shareholders include Iron Pillar PCC, Crimson Winter Limited, Accel India V (Mauritius) Limited, Chiratae Ventures, Global Ecommerce Consolidation Fund, Curefit Healthcare Private Limited, and others.

The Peyush Bansal-led startup has also taken clear steps towards going public by changing its name from Lenskart Solutions Private Limited to Lenskart Solutions Limited, following approval from its existing shareholders.

The Indian primary market is set to experience a listing busy week with as many as 5 mainboard initial public offerings (IPOs) and 11 Small and Medium Enterprise IPO. The listings between 23-30 June are set to raise over INR 15,800 crore. Here we take a look at the five options, getting listed on the mainboard.

The public issue will open on June 20, 2025, and close on June 24, 2025.

The Indian IPO landscape is set to record a busy week, with five new IPOs hitting the market, Sambhv Steel Tubes Limited's initial public offer (IPO) of equity shares will debut on June 25 and SEBI issues ESOP reforms.

The filing was submitted on Thursday, marking a major step in the company's renewed effort to go public after postponing plans in 2021 due to poor market conditions.

Orkla India, the owner of food brands MTR and Eastern, has submitted preliminary documents with SEBI and the NSDL is reportedly preparing for its much-anticipated initial public offering (IPO) in July 2025.

Shloss Bangalore IPO ended 7.15 per cent higher on the BSE at INR 435.55 against the initial listing price of INR 506.50, a discount of 6 per cent on the issue price of INR 435.

The initial public offering (IPO) from the operator of Leela Palaces Hotels and Resorts is on its last day and has been subscribed 3.63 times so far, led by qualified institutional buyers (QIBs). The National Stock Exchange of India Ltd (NSE) is said to be offering close to a staggering INR 1,000 crores to settle longstanding disputes with the country's market regulator, Securities and Exchange Board of India (SEBI), in its quest to get publicly listed, according to a report.

Belrise Industries, a manufacturer of components for the automotive and white goods industries, is planning to raise INR 2,150 crore through an initial public offering (IPO) with a fresh issue of 23.89 crore equity shares. The IPO is open for public subscription on May 21, 2025.

The report said that the listing will be mostly through a fresh capital infusion and most likely no offer for sale (OFS) component, as the Amazon-Samara's investment entity based in Singapore is unlikely to offload its shares as part of the IPO.

India's flexible (flex)/ co-working office space supply will increase at 21-22 per cent CAGR, and the sector is set to raise over INR 7,000 crore through 5 major initial public offers (IPOs), said a report by the Investment Information and Credit Rating Agency of India (ICRA).

The IPO will consist of a fresh issue of Titania units with no offer for sale (OFS) component. This Issue is being made through the book-building process and in compliance with the REIT Regulations and the REIT Master Circular.

Sectors such as consumer/retail, fintech, and healthcare saw significant exit growth during the period. Meanwhile, strong public market exits helped balance the sharp decline in strategic sales, according to a Bain & Company-IVCA report.

The proceeds will be used to set up a large-scale manufacturing facility to cater to pan-India demand, further aligning with the Government of India's vision of EVs constituting 30% of new vehicle sales by 2030.

Retail investors led the IPO with a 1.78 times subscription, with Qualified Institutional Buyers (QIBs) at a 1.70 times subscription. Only 66 per cent of the allotted portion was subscribed by Non-Institutional Buyers (NIBs). The IPO overall was subscribed by 1.43 times.

Despite broader global market uncertainties, 62 IPOs were listed on the National Stock Exchange and Bombay Stock Exchange