INDIA IPO
19 September, 2026
Recent IPO Updates
- SS Retail IPO was subscribed 103.30 times on the final day, receiving bids for 90.83 crore shares against 87.93 lakh shares on offer; the ₹500-crore issue closed Friday.
- Coreintegra Consulting Services IPO comprises 28.10 lakh fresh shares priced at ₹74–78, aggregating approximately ₹21.92 crore; bidding opens September 23 and closes September 25, 2026.
- LIQVD Digital India IPO comprises 66.32 lakh fresh shares and 10.22 lakh OFS shares, aggregating approximately ₹41.33 crore at ₹51–54; bidding opens September 23 and closes September 25, 2026.
- Jindal Supreme IPO was subscribed 181.07 times, with qualified institutional buyers at 126.41 times, non-institutional investors at 1,170.83 times and retail investors at 327.99 times.
- NSE’s ₹22,561-crore IPO was subscribed 1.16 times by Day 2, driven by institutional and non-institutional demand, while retail subscription remained below full subscription.
- Hero Motors’ ₹1,000-crore IPO was subscribed 6.66 times, receiving bids for 58.97 crore shares against 8.86 crore shares, including nearly ₹300 crore from anchor investors.
- Pipe manufacturer Hi-Tech Flow Solutions filed DRHP with SEBI to raise ₹300 crore via fresh issue alongside an offer-for-sale by promoters, allocating 50% proceeds to expand its Nagpur manufacturing unit.
P.E. & Funding Updates
- London-based AI startup Mantic secured $25 million in seed funding led by Radical Ventures, with participation from Microsoft’s M12, after its predictive AI system defeated human contestants in the Metaculus Cup forecasting tournament.
- Kerala-based sports-tech SaaS platform Dartle secured $100,000 in seed funding led by Inflection Point Ventures, aiming to expand its youth football academy management platform into US and European markets.
- Beauty brand MoroMaa raised ₹1.5 crore from Aviral Bhatnagar’s AJVC, less than three months after launch, to expand its product portfolio, distribution network and reach across India.
- Babycare quick-commerce startup Kiddo raised ₹12.5 crore in pre-seed funding, led by Campus Fund with strategic angels, to expand Delhi-NCR dark stores, technology, products and customer acquisition.
Business & Economic Updates
- Union Minister Ashwini Vaishnaw confirmed Indian semiconductor plants, including Micron and CG Semi, are now globally competitive on cost and quality, securing advanced capacity bookings backed by ₹1,00,000 crore ($12 billion) in committed investments.
- Fujifilm signed an MoU with Tata Electronics to establish an ₹800 crore ($83 million) semiconductor materials plant in Dholera, Gujarat, building a localized raw material supply chain for its $11 billion chip fab.
- India’s foreign exchange reserves contracted by $4.92 billion to $780.78 billion for the week ended September 11, driven by a $2.59 billion drop in gold reserves and $2.37 billion in foreign currency assets.
- Moody’s upgraded India’s FY27 real GDP growth forecast from 6% to 7%, citing robust domestic consumption and investment resilience, outperforming IMF’s 6.4% and RBI’s 6.6% growth projections despite Middle East conflict risks.
- FSSAI initiated three adjudication cases against Nestlé India over illegal promotional claims on NAN Excella Pro and Lactogen Pro, alongside sub-standard biotin levels found in its follow-up infant formula.
- Mutual fund SIP collections in August reached ₹32,297 crore, with 49.8% (₹16,096 crore) concentrated in small-cap, mid-cap, flexi-cap, and thematic categories, led by small-caps at ₹5,012 crore.
- At SEMICON India, Odisha announced an 870-acre "Odisha Silicon Valley" in Naraj, Cuttack, attracting ₹23,600 crore in semiconductor and electronics manufacturing investment proposals expected to generate 6,100 jobs
- India’s net direct tax collections grew 13% year-on-year to ₹12.12 trillion between April 1 and September 17, driven by a 19.48% rise in corporate tax to ₹5.56 trillion.
- According to RBI data, India’s outward FDI financial commitments grew 23.3% year-on-year to $3.8 billion in August, supported by $2.23 billion in guarantees issued for overseas subsidiaries.
- Economic Affairs Secretary stressed that private financing and capital formation are critical for India to achieve its $30-trillion Viksit Bharat goal by 2047 alongside state infrastructure investments.
- State-run miner NMDC announced a target to achieve net-zero operational emissions by 2047, planning a minimum 90% reduction in Scope 1 and Scope 2 emissions across three structured phases.
- India Deep Tech Alliance members deployed ₹2,170 crore ($260 million) across 56 startups in FY26, placing ₹655 crore in climate tech, ₹649 crore in quantum/space, and ₹639 crore in AI ventures.
- Credit rating agency ICRA projects India’s commercial vehicle wholesale volume growth to moderate to 4-6% in FY27, with LCVs expanding 6-8% while M&HCV growth slows to 1-3%.
- SoftBank secured nearly $21 billion in potential fresh borrowings for AI investments, while increasing its Arm-backed margin loan and considering another $10–20 billion bond deal.
- Anthropic has established a physical biology lab to advance AI-driven life-sciences research, using automated experiments and targeting potential treatments for rare and difficult-to-treat diseases.
- Japan raised its policy rate to a 31-year high, signalling a stronger focus on containing inflation as underlying price pressures approach the central bank’s 2% target.
- Tata Group stocks declined up to 11%, wiping ₹51,413 crore from their combined market capitalisation, with Tata Chemicals leading the losses.
- India is beginning to export domestically designed and manufactured semiconductor chips, with stronger design capabilities and deeper localisation expected to drive the sector’s next phase.
- L&T targets a 20–30% share of the global modularisation market over five years, expanding capacity across its yards amid rising demand for complex energy projects.
- FMCG distributors urged the government to roll back MDR on UPI, saying proposed merchant charges could disproportionately burden small retailers and distributors.
- Corporate advance tax collections rose 18% year-on-year, while direct tax receipts increased 13%, keeping collections ahead of the Budget pace.
- TRAI tightened spam-call regulations, allowing action after three complaints within 10 days when AI flags a number, while introducing stricter rules for A2P and robocalls.
- CBDT removed arrest as the prescribed route for tax recovery, revising Income-tax Rules to strengthen recovery through attachment and sale of movable or immovable assets.
- Government plans ₹7.96 lakh crore gross borrowing in H2 FY27, taking the full-year borrowing programme to about ₹16.6 lakh crore amid investor demand for shorter-duration bonds.
- Female labour participation exceeded 40% in 58% of districts, according to the first district-level PLFS report, highlighting significant regional differences in women’s workforce participation.
Geopolitical Updates
- Oman is strategically positioning Sohar Port and its 4,500-hectare freezone, situated outside the vulnerable Strait of Hormuz chokepoint, to serve as a secure maritime supply hub for Indian trade to West Asia.
- India and Nepal held official trade talks to streamline cross-border transit, upgrade integrated check posts, and remove non-tariff barriers to facilitate legitimate bilateral trade and border movement.
- India and Canada concluded the fourth round of CEPA talks, reaffirming efforts to complete the trade pact by the end of 2026, covering goods, services, aerospace, AI and critical minerals.
- India and UAE discussed deeper cooperation in energy and defence, with bilateral trade reaching $101.2 billion in FY26 and UAE investments at $22 billion.
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.