INDIA IPO
02 November, 2026
Recent IPO Updates
- Mainboard IPOs raised ₹44,451 crore in October, with Jio Platforms contributing 68%; SME IPO fundraising fell 70% month-on-month to ₹643 crore.
- Carlsberg, Pernod Ricard and Coca-Cola are advancing India IPO plans, with Carlsberg filing an updated DRHP, Pernod awaiting board approval and Coca-Cola exploring its bottling unit’s listing.
- India’s IPO market enters a quieter week, with Vedant Poly Fabs’ ₹56.68-crore issue as the sole new launch, while 13 companies prepare to list.
P.E. & Funding Updates
- Venture capital firms are exploring evergreen funds to extend startup investment horizons beyond traditional ten-year cycles, though regulatory changes are needed in India.
- Affle 3i will acquire Israeli advertising technology firm Perion Network for approximately $420 million in an all-cash deal, expanding its digital advertising capabilities globally.
- Dainik Bhaskar’s family office invested ₹12.50 crore in Vama’s ₹19.03-crore Pre-Series A round, valuing the spiritual-tech startup at approximately ₹180 crore.
Business & Economic Updates
- FPIs sold ₹5,615 crore in government securities in October, extending outflows to a third month. Holdings fell to a five-month low amid currency and yield concerns.
- Muthoot Finance’s Stage-3 gold loan assets rose to 3.87% in September from 2.25% a year earlier, driven by short-tenure loans and monthly EMIs.
- SEBI’s default direct-plan option on mutual fund websites aims to encourage lower-cost investing. Direct plans reduce expenses, but investors must assess their guidance needs.
- OPEC+ kept December oil production targets unchanged, with eight members maintaining output plans. The group will review 2027 quotas amid geopolitical and supply uncertainty.
- India’s crude oil imports hit a record 5.6 million barrels per day in October, with West Asian supplies at 2.3 million and Russian shipments near 2 million.
- Cyber insurance claims from banks and businesses exceeded ₹150 crore in FY27, but premiums remain subdued amid abundant reinsurance capacity and rising cyber risks.
- Dixon Technologies faces near-term margin pressure from higher memory prices and mobile production costs, despite strong revenue growth, market-share gains and improving sales prospects.
- GST collections grew 22.9% year-on-year to ₹2.31 lakh crore in October, marking the fastest growth in over four years, supported by festive demand and imports.
- Indian companies reported strong Q2 revenue growth, but rising input costs and pricing pressures weakened operating margins; analysts remain cautiously optimistic about demand.
- Food inflation risks increased as sluggish kharif sowing and deficient monsoon conditions threatened crop yields, keeping prices of rice, sugar, mustard oil and onions elevated.
- FMCG value growth accelerated to 15% in October, driven by festive stocking and stronger demand across urban and rural markets, according to Bizom data.
- Three oil PSUs reported combined Q2 profit of ₹30,106 crore, up 68% year-on-year, as improved refining margins supported recovery despite concerns over sustainability.
- Pharma MSMEs received a one-year extension to meet investment commitments under the PLI scheme, helping smaller manufacturers address funding and capacity-expansion challenges.
- Coal India recorded its highest-ever monthly coal supply of 70.3 million tonnes in October, up 19% year-on-year, as power-sector demand strengthened.
- The alcohol industry seeks clarity on preferential customs duty treatment for bulk Scotch imports under the India-UK trade agreement, particularly for blending and bottling.
- SEBI plans to delist companies with no economic activity and use AI to monitor inactive firms and detect potential penny-stock manipulation.
- India’s pharmaceutical sales grew 12% year-on-year to ₹70,180 crore in the September quarter, driven by chronic therapies, GST cuts and improved healthcare access.
- Gulf investors are selectively exploring India’s AI and space-tech sectors, while broader investment appetite remains subdued amid currency weakness and preference for short-term private deals.
- GST authorities plan a voluntary retail e-invoicing pilot from April 2027 in selected sectors to improve tax compliance and curb under-reporting of sales.
- Indian telecom operators seek to raise international call termination charges to at least ₹5 per minute from the current 65 paise, citing rupee depreciation.
- RBI’s net short dollar forward position reached a record $239.2 billion in September, up from $200.06 billion in August.
- Women’s workforce participation nearly doubled to 201 million in 2025, but unpaid domestic work, shorter working hours and a widening gender pay gap persist.
- IMA India’s business confidence index fell 2.8 points to 57.3 in Q3 FY27 as economic sentiment weakened, despite stronger business and capital-expenditure outlooks.
- India’s net GST collection rose 25.6% year-on-year to ₹2.03 lakh crore in October, the fastest growth recorded in FY27 so far.
- Rockwell Automation says India’s R&D capabilities and engineering talent position the country strongly in advanced manufacturing, automation and AI.
- Odisha has lined up semiconductor projects worth $4.7 billion, including chip fabrication, packaging and advanced electronics manufacturing facilities.
- State-run general insurers will submit turnaround plans to the government, outlining measures to exit unprofitable segments as losses rise and solvency ratios remain below prescribed norms.
- CII urged the Centre and states to extend GST-style decriminalisation reforms to land, labour, construction and local approvals, reducing compliance costs and accelerating investments.
- Indian automobile sales reached a record in October, with passenger vehicle dispatches rising 13–14% year-on-year to 5.25–5.30 lakh units, driven by festive demand.
- Three South Korean auto-component manufacturers—Hwashin, Seoyon and Iwamet—committed ₹1,614 crore in investments in Andhra Pradesh, strengthening the state’s automobile manufacturing ecosystem.
- RBI and FIU have intensified scrutiny of crypto-backed prepaid cards used for Indian transactions, examining potential FEMA and regulatory violations. Several users reported card deactivations.
- Gulf Oil Lubricants plans to re-enter the US and Mexican markets in 2027 and is exploring acquisitions, targeting a potential global listing within three to five years.
- Banks have sought an extension of the CGFMU credit-guarantee scheme, which supports collateral-free microenterprise loans, warning that its expiry could increase lending risks and borrowing costs.
- India’s diesel sales rose 11.7% year-on-year in October amid festive demand and increased transportation activity, while petrol sales grew 3.1%, indicating stronger diesel consumption.
- Foreign portfolio investors invested nearly $1.2 billion in Indian equities over 10 trading sessions, turning net buyers amid global AI-related market concerns and selective opportunities.
- Historically strong November market performance, festive demand, corporate earnings and renewed FPI buying could support equities, although elevated crude prices, global yields and currency weakness pose risks.
- Foreign investors’ government securities sales through the Fully Accessible Route nearly halved to ₹5,400 crore in October, but elevated oil prices and global yields continue threatening inflows.
- Nifty gained nearly 2% last week and closed around 23,050. Analysts identify 23,200 as key resistance, with potential upside towards 23,500–23,600 if breached.
- Delhivery and Shadowfax are expanding same-day and next-day delivery services as D2C brands and ecommerce sellers increasingly pay for faster fulfilment across more Indian cities.
- New GST rules let ecommerce brands register platform warehouses as local principal places of business, easing state-wise compliance and helping sellers expand nationwide before festivals.
- UPI recorded 25.47 billion transactions worth ₹31.53 lakh crore in October, with transaction volume rising 23% year-on-year as festive spending lifted digital payments across India.
- India’s electric two-wheeler sales rose 48% year-on-year to a record 2.24 lakh units in October, with established manufacturers strengthening their market positions amid festive demand.
- Global cloud infrastructure services revenue reached an estimated $559 billion in 2026, growing 33% year-on-year as artificial intelligence drives demand for computing and storage capacity.
- Google ran an AI model aboard a satellite and received its first complete response back on Earth, marking a milestone in its Project Suncatcher initiative.
- OpenAI reportedly cut its fundraising target by $10 billion to about $20 billion amid weaker investor interest, a technology stock selloff and competition from Anthropic.
- India’s October indicators showed resilient consumption: GST collections rose 22.9%, passenger vehicle sales reached records, UPI transactions hit highs and power consumption increased nationwide.
- Digital payment companies including PhonePe, Razorpay, Cashfree and PayU are strengthening cybersecurity, deploying automated threat detection and tighter transaction controls amid rising cyberattacks and fraud.
- KKR, Singtel and Tata Communications are reportedly exploring a sale of STT Global Data Centres India at a valuation exceeding $5.5 billion.
- Prime Minister Narendra Modi is scheduled to meet NITI Aayog’s new leadership on November 5 to discuss priorities ahead of the FY28 Budget and India's development strategy.
Geopolitical Updates
- Iranian negotiators continued talks in Doha for a third day, seeking to end the West Asian conflict, while both sides kept the possibility of further military action open.
Source:
Latest IPO NewsFinancial Express, Mint, Business Standard, Economic Times, Indian Startup News, Inc42, Entracker
Published By
INDIA IPO Editorial Team
The INDIA IPO Publication is managed by an editorial team that includes highly experienced finance journalists, market researchers and professionals from the capital markets industry who strive to create high-quality content based on credible sources. Our editors write about IPOs, capital markets, corporate news, capital-raising strategies, regulations and other business matters to ensure our audience stays updated with the latest information. We conduct detailed research and fact-check all information before publishing any content to ensure credibility.