The IPO will be a fresh issue of equity shares of face value INR 2 each aggregating to INR 345 crores and an offer-for-sale component comprising 92,28,796 equity shares.
Despite the company boasting a strong market presence, with technology-backed manufacturing and fulfillment facilities in full swing, the muted company listing did not come as a surprise for many market experts, who had earlier expressed concerns over over-valuation and leaving little room for listing gains.
The Lenskart IPO allotment was finalised on November 6. The offering was open for subscription between October 31 to November 4, closed at 28.26 per cent subscription. The Groww IPO has entered its Day 3 of subscription, with the IPO closing today.
Existing investors such as PayPal, Mastercard, Actis Pine Labs Investment Holdings, and Peak XV Partners are set to offload their shares in the OFS, along with Pine Labs co-founder Lokvir Kapoor.
Eyewear manufacturer Lenskart's INR 7,278 crore initial public offering (IPO), has been booked 1.13x so far, with retail investors dominating on Day 1. The issue will close on November 4. Orkla India, the entity behind food brands such as MTR and Eastern, has ended its day 3 with its issue subscribed 48.47x so far.
The firm has a diverse portfolio across education, financial services, and technology, including names such as Fractal Analytics, People Home Finance, RBL Bank, TeamLease, Lighthouse Learning, Avendus, Educational Initiatives, LeadSquared, and Signzy.
LG Electronics' INR 11,607-crore initial public offering (IPO) of LG Electronics, which opened on October 7, is set to close today, October 9. The grey market premium (GMP) for Tata Capital has seen a notable decline.
Moderated by Punita Sabharwal, Managing Editor of Entrepreneur Media India, the conversation featured Arun Chittilappilly, Executive Chairman and Managing Director of Wonderla Holidays Ltd., and Harsh Binani, Co-Founder and Executive Director of Smartworks.
The company's shares, which once traded at INR 1,075 in the grey market in early June, have slipped around 32 per cent in recent weeks amid heightened market volatility, sector-wide weakness, and the July 2025 rights issue.
The INR 1,900-crore issue drew bids for 6,22.05 crore shares against an offer of 10.67 crore shares, according to NSE data. The portion reserved for non-institutional investors was subscribed 65.43 times, while Qualified Institutional Buyers (QIBs) bid 62.99 times.
The much-anticipated Urban Company IPO opened today and was fully subscribed within just two hours. South Korean giant LG Electronics is preparing to launch the IPO of its Indian arm in October 2025, and SEBI is accelerating approvals for IPOs.
Tata Capital is aiming to raise INR 17,000 crore through its upcoming public issue, as per its updated draft red herring prospectus (UDRHP), while hospitality major OYO is expected to file its Draft Red Herring Prospectus (DRHP) in November, with a target valuation of USD 7-8 billion, according to sources cited by PTI.
Among the slate of highly anticipated pre-IPO unicorns—Figma, CoreWeave, Dexterity, Pony.ai, and Linqto—one name stands apart, largely because almost no one outside of deep-pocketed insiders had even heard of it until recently: World TradeX.
The Indian IPO market is on an uptick mainly due to positive sentiment, strengthened by expectations of reform announcements ahead of Diwali, reinforcing the ongoing relief rally, with analysts highlighting that the market's gap-up opening earlier in the week signaled strong investor confidence in the uptrend.
The Initial Public Offering (IPO) will consist of a fresh issue of equity shares aggregating up to INR 12,793 million and an Offer for Sale (OFS) of equity shares aggregating up to INR 36,207 million.
JSW Cement IPO allotment on August 12, listing scheduled for August 14, while NSDL Shares deliver 78 per cent IPO Returns; stock extends winning streak.
NSDL has now become the second depository services provider to be listed on Indian exchanges, following Central Depository Services Ltd. (CDSL), which has been publicly traded since 2017.
Tata Sons-backed Tata Capital has filed draft papers with the Securities and Exchange Board of India (SEBI) for its highly anticipated initial public offering (IPO), marking a significant step towards meeting regulatory obligations and future growth.
Aditya Infotech's INR 1,300 crore IPO saw exceptional demand with over 100x subscription, while NSDL's INR 4,011 crore issue clocked 25.68x bids by Day 2, driven by strong QIB and NII participation. Laxmi India Finance closed with a modest 1.85x subscription, led by retail investors and long-term interest.
Laxmi India Finance, NSDL, and Aditya Infotech are launching their IPOs in the last week of July 2025, collectively aiming to raise over ₹5,500 crore. While Laxmi India Finance and Aditya Infotech will use proceeds for business growth and debt repayment, NSDL's issue is a pure offer for sale.
The INR 700 crore initial public offering received bids for more than 5.37 crore shares against an offer size of 1.71 crore shares, as per data available on the NSE.
When you're getting into stock market investing, you'll bump into Depository Participants (DPs) and stock brokers. Both are important for completing trades, but their roles are distinct.
IndiQube Spaces Limited is launching a INR 7,000 million IPO on July 23, 2025, to fund its expansion and tech infrastructure as it scales its flexible workspace solutions across India. GNG Electronics Limited is also going public, with a INR 400 crore fresh issue and OFS component, aiming to repay borrowings and support general corporate needs.
WeWork India gets SEBI's nod for IPO with a major Offer for Sale lined up by its promoters.Meanwhile, NSE ranks fourth globally in IPO fundraising, and PhonePe strengthens its leadership ahead of its public debut.
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.
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).