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India IPO Daily Market & IPO Updates | 11th October 2026

India IPO Daily Market & IPO Updates | 11th October 2026

India IPO Daily Market & IPO Updates | 11th October 2026

India IPO Daily Market & IPO Updates | 11th October 2026

INDIA IPO

INDIA IPO

11 October, 2026

Recent IPO Updates

  • Four IPOs are scheduled to open during October 13–16: HD Fire Protect’s ₹712.31-crore mainboard issue and Fusion CX’s ₹702-crore issue, alongside SME offerings from Ravita Engineering Services and Vaibhav Vyapaar; RK Fashion Accessories is scheduled to list on October 12
  • Nvidia-backed Australian data centre operator Firmus Grid shelved its planned IPO targeting up to $5.5 billion at a $30.4 billion valuation amid market volatility and investor concerns over pricing, opting to explore private-market fundraising instead

P.E. & Funding Updates

  • Cold-pressed oil brand Gramiyaa raised ₹18.65 crore in a Series A round led by Optiscape Network Holdings, with Homegrown Ventures and Campus Fund participating, to support business expansion and general corporate needs.
  • EV charging and energy management startup Ionage raised $1.3 million in pre-Series A funding from strategic investors and energy-sector executives to expand charging-network coverage, improve payments and support smaller charging operators.
  • Dehradun-based cardiac diagnostics startup Sunfox Technologies raised $7 million (around ₹67 crore) in a Series A round led by Ashish Kacholia, Lashit Sanghvi, Alchemy Capital and 3one4 Capital to expand in India and overseas and boost R&D.
  • Consumer electronics brand Lumio raised $12 million (around ₹115 crore) in a Series A round led by Blume Ventures, with Stellaris Venture Partners and 3one4 Capital participating, to expand R&D, product offerings, hiring and after-sales services.
  • Lab-grown diamond jewellery startup Zinara raised ₹3.61 crore in a pre-seed round led by Infection Point Ventures, with Nine Jewellery, actor Nikita Dutta and angel investors participating, to expand its team, marketing and supply chain.
  • Women’s healthcare startup B-Arm Medical Technologies raised ₹4.8 crore in a pre-Series A round led by Mudhal Partners, associated with Zoho co-founder Kumar Vembu, taking its total capital raised to around ₹9 crore to fund expansion, product innovation and wider reach.

Business & Economic Updates

  • The RBI announced tighter forex derivative rules, cutting position thresholds from $100 million to $5 million and established a special dollar window for state oil marketing companies.
  • Union Minister Piyush Goyal stated changing circumstances will shape the bilateral trade pact with the $ country, while preferential trade agreement negotiations with Mexico begin next week.
  • India rejected OHCHR comments on New Delhi protest detentions as misplaced interference, urging the UN office to maintain impartiality and focus on large-scale protests globally.
  • SEBI Chairman Tuhin Kanta Pandey announced that guidelines on closing auction sessions to address derivative expiry-day settlement prices will be issued in a week.
  • Addressing the 36th convocation at BIT Mesra, AEC Chief and DAE Secretary Ajit Kumar Mohanty highlighted that AI advances are driving India into a transformative technological era.
  • Facing 60% export dependence on China, India's mica industry requested critical mineral classificationa 30% export tax levy, and domestic processing incentives to retain sector competitiveness.
  • Union Minister G Kishan Reddy clarify that alignment studies for three proposed high- speed rail lines connecting Hyderabad are ongoing, denying state land acquisition requests sent by the Centre.
  • Kerala CM VD Satheesan unveiled plans during his New Era Yatra to integrate the state's ports and 600-km coastline, turning Keralam into a unified port city network
  • Delhi Police detained around 6,000 people, including four former chief ministers, during a major crackdown ahead of protests at Jantar Mantar, triggering demonstrations across the capital and political accusations over democratic rights.
  • RBI announced measures to curb rupee depreciation, including a special dollar window for three state-owned oil companies, tighter restrictions on forex derivatives and additional reserve requirements for banks.
  • Tata Motors raised its takeover offer for Iveco Group to €14.40 per share from €14.10, valuing the transaction at approximately €3.82 billion, citing delays in authorisation.
  • Metal stocks declined by up to 16.54% over a month as global industrial and base-metal prices weakened; the Nifty Metal Index fell 10.4%, underperforming the benchmark Nifty’s 3.9% decline.
  • Elon Musk escalated his criticism of Mukesh Ambani over Starlink’s India entry, alleging that powerful business interests were blocking competition; the dispute centres on satellite- spectrum allocation and market access.
  • E-commerce platforms reported a strong start to festive sales, with Amazon orders rising over 100% year-on-year in the first 12 hours, Meesho orders increasing around 75%, and Flipkart recording 6.3 million concurrent users.
  • Industrial and warehousing space leasing across India’s top 24 cities rose 70% year-on-year to a record 59.1 million sq. ft. in January–September, driven by manufacturing, third-party logistics and e-commerce demand.

Geopolitical Updates

  • India and Norway broadened energy cooperation as long-term LNG shipments under a 15- year deal commenced alongside expanding investments in green hydrogen and offshore wind energy initiatives.
  • US President Donald Trump said Russia would supply over 300,000 metric tonnes of diesel to the US and global markets, while Washington temporarily eased sanctions on Russian oil companies amid efforts to lower fuel prices.
  • India told the United Nations that nuclear weapons must not be treated as routine instruments of statecraft, rejecting nuclear blackmail and reaffirming its right to self-defence amid tensions with Pakistan.
Source:

Financial Express, Mint, Business Standard, Economic Times, Indian Startup News, Inc42, Entracker

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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.