Shares | Page 2

Activities in the market keep the investors interested for the near future, with Aegis Vopak securing the SEBI nod and Jio reportedly gearing up for the largest-ever Indian IPO.

The Bengaluru-based company filed its IPO papers with SEBI back in December 2024.

Tata Capital and boAT take the confidential route to file papers with SEBI; Tata's financial services arm listing set to be largest in the Indian finance sector.

The Indian Equities market is experiencing a significant period of time, with a host of IPOs by household names in the pipeline. Here is a round up of major companies and updates on their pursuit toward listing.

Funds raised through IPOs in India contributed to more than 30 per cent of global IPO volumes, said Redseer, adding that the country is aiming for USD 13 trillion in market capitalization by 2030.

Lenskart is reportedly planning to raise USD 1 billion and eyeing a USD 10 billion valuation with plans to file draft papers with the market regulator Securities and Exchange Board of India (SEBI) in May this year.

Delivery platform Swiggy's shares continued to dip for the fourth consecutive day, as investors are selling their stock after recognizing the company's higher-than-estimated Q3 EBITDA losses. Swiggy's stock fell 2.5 per cent to INR 379.20 on BSE.

The much-awaited tax relief for the Indian middle class, which exempts individuals earning up to INR 12 lakh, looks set to ensure higher disposable income, leading to investments for the future and increased participation in primary and secondary markets, leading to better capital formation overall.

WeWork India Management Limited (WeWork India), the largest operator in the Indian workspace sector has recently filed its Draft Red Herring Prospectus (DRHP with the market regulator Securities and Exchange Board of India (SEBI).

Several major companies, across various sectors are gearing up for their IPOs, aiming to capitalize on the growing investor appetite in the country.

Zetwerk has opted to partner with Axis Capital Ltd., Goldman Sachs Group Inc., Jefferies Financial Group Inc., JM Financial Ltd., JPMorgan Chase & Co., and Kotak Mahindra Bank Ltd. as the book-running lead managers (BRLMs) for the IPO.

As part of the findings of the annual roundtable at KMCC, it reported that a majority of the USD 9 billion of the IPOs in the pipeline is poised to come from the financial services sector, adding that it includes the likes of HDB Financial Services, Avanse Financial Services and also Tata Capital.

India's IPO market is set to witness a host of listing activity in 2025, with companies collectively aiming to raise over INR 1.5 lakh crore from public listing.

India has seen a tremendous rise in terms of the number of companies going public in 2024, with new listings through initial public offerings (IPOs) contributing as much as INR 14 trillion or 3 per cent to the country's market capitalization, surpassing last year's contribution of 1.4 per cent at INR 5 trillion.

For the July-September quarter, the company reported a 22 per cent year-over-year increase in revenue, reaching $186.6 million. For the full fiscal year, Freshworks projects a 20 per cent growth, with total revenue estimated to range between $713 million and $716.6 million.

The listing will be with shares with a face value of INR 1 and will consist of a fresh issue of shares close to INR 1,000 crore and an offer for sale (OFS) component of up to 2,39,86,883 equity shares by selling shareholders.

The public market is readying itself for another busy initial public offer (IPO) season, continuing the trend seen in 2024. Companies across varied fields have filed their papers and have been given the nod by the market regulator Securities and Exchange Board of India (SEBI).

South Korea-based consumer electronics giant LG Electronics India filed its draft papers with the market regulator Securities and Exchange Board of India (SEBI) on Friday for its initial public offer (IPO).

Sai Life Sciences, a contract research, development, and manufacturing organization (CRDMO), announced on Friday its plans for the INR 3,043 crore initial public offering (IPO) which is set to open for subscription on December 11.

The Government of Singapore, the New World Fund, the Abu Dhabi Investment Authority (ADIA), and other anchor investors purchased shares worth USD 469 million ahead of the listing.

The proposed IPO will consist of a fresh issue and an offer for sale (OFS) component of 47.4 lakh shares by promoters and other shareholders selling shares, according to the draft red herring prospectus (DRHP) filed recently.