India IPO
21 July, 2026
Recent IPO Updates
- Absolute Projects and Jindal Supreme secured SEBI's nod to float their IPOs. Proceeds will be mainly used to fund the manufacturing facilities and for expansion and growth.
- Coca-Cola India has appointed JPMorgan and Citi as investment bankers to manage its upcoming IPO. The listing aims to unlock value in its local bottling operations and scale retail distribution nationwide.
- Caliber Mining received a 23.37 times subscription on day 2 of its ₹450 crore IPO. Non-institutional investors drove demand by subscribing 69.8 times, while the grey market premium touched 26%.
- Silverstorm Parks and Resorts is raising ₹82 crore through an IPO on the BSE SME platform. The issue comprises 61.98 lakh equity shares and proceeds will be used for the expansion and setting up of a new park in Lucknow.
- Indo MIM is ready to launch its ₹3,811 crore IPO opening July 23 to 27, 2026, on the BSE and the NSE platform. The issue includes ₹500 crore fresh equity with a 42% grey market premium.
P.E. & Funding Updates
- Wealth and asset management platform Veriqus Group raised ₹387 crore in a funding round led by Norwest to expand its integrated wealth and asset management offerings.
- AI-native holiday planning platform 30 Sundays raised $6.7 million in Series A funding to strengthen technology, expand its team and enter new international markets.
- Energy transition-focused Transition VC launched its second fund with a ₹1,500 crore target, planning investments of $2–5 million each across around 20 startups.
- Shapoorji Pallonji Group raised around ₹15,100 crore in one of India’s largest private credit transactions, with proceeds intended to refinance debt at Goswami Infratech.
- Operator-led startups attracted 11% of India’s tech funding in 2025 despite representing under 1% of startups, raising $131.7 million as VCs increasingly favour experienced founders.
- Britain’s CuspAI raised $450 million from investors including the UK government and Jeff Bezos, supporting AI-driven discovery of advanced materials for industries including semiconductors.
- Raghu Vamsi Aerospace Group secured $40 million in a funding round led by Norwest Venture Partners and Skegen Asset Management. The Hyderabad-based precision engineering manufacturer will utilise the funds to scale international operations and expand manufacturing capacity.
- LNGVTY raised ₹5 crore in a seed round led by Rukam Capital and angel investors. The science-based skin longevity startup will use the capital to boost D2C marketing, expand product lines, and drive local R&D.
Business & Economic Updates
- India’s crude oil import bill jumped 48% year-on-year to $14.7 billion in June as higher global oil prices outweighed a 7.1% decline in import volumes.
- Private bank stocks fell sharply as Q1 results raised concerns over shrinking net interest margins, with Axis Bank and HDFC Bank among the biggest decliners.
- Liquidity stress among smallcap mutual funds eased to its lowest level since February 2024, supported by a market recovery and increased trading volumes.
- The Technology Development Board selected 22 deeptech startups across sectors including space, quantum computing and robotics, with approved projects costing ₹4,744 crore and ₹2,192 crore in assistance.
- Automobile companies may report strong Q1FY27 revenue growth, but rising commodity prices, geopolitical disruptions and higher costs could pressure profitability and squeeze operating margins.
- Reliance expects stronger refining margins despite geopolitical disruptions, with 97% throughput maintained, while Asian refinery runs fell 15–20% amid persistent capacity losses.
- India’s gas consumption fell 6.5% to 16 bcm in April–June; domestic output declined 4.3% to 8.3 bcm, while LNG imports dropped 8.6% to 7.7 bcm.
- Non-metros account for 66% of India’s 4.12 million creators, but earnings remain lower; repeat campaigns typically generate around the ₹24,434 average urban monthly salary.
- NSE is exploring a new volatility index with different methodologies from India Vix, with pilot testing expected soon before consultations with market participants and other stakeholders.
- The finance ministry has assigned FCNR(B) deposit mobilisation targets to public sector banks, as overall inflows under RBI’s concessional swap schemes reached $20.72 billion.
- Long-term capital gains tax collections surged nearly 79% to ₹1,29,158 crore in AY2025-26 from ₹72,249 crore in AY2024-25, with no LTCG waiver currently planned.
- India’s industrial training institutes increased from 9,642 in 2014 to 13,856 in 2026, while enrolment rose from 9,51,168 in FY15 to 14,70,277 in FY26.
- Around 1.42 lakh MSMEs shut during FY22–26, affecting about 10.26 lakh workers, while 774.1 lakh registered MSMEs employed approximately 35.31 crore people.
- The number of Indian MSME goods exporters increased to 2 lakh in FY26 from 1.8 lakh in FY25 and 1.6 lakh in FY24, as export turnover grew 9%.
- India’s net private transfers, mainly overseas remittances, rose 16.2% to $144.8 billion in FY26; April inflows jumped over 70% year-on-year to $16 billion.
- Central capital expenditure totalled ₹64.7 lakh crore between FY14 and FY26, nearly five times the previous decade, while capex outlay reached 3.2% of GDP.
- India’s central government debt rose to ₹201.2 lakh crore in FY26 from ₹121.8 lakh crore in FY21, but debt-to-GDP declined from 61.4% to 58.2%.
- India is developing offline UPI payments using NFC technology, enabling users to tap and pay at merchant terminals without internet connectivity, with transactions capped at ₹2,000.
- India’s outward foreign direct investment commitments fell 48% year-on-year to $3 billion in June, driven by declines across equity, debt and guarantee commitments.
- SBI Research expects India’s credit-deposit growth gap to persist as household savings shift away from traditional bank deposits, with FCNR(B) inflows providing only temporary liquidity support.
- Indian Overseas Bank plans to mobilise $650 million in foreign currency deposits by September, targeting NRI deposits and external commercial borrowings without relying heavily on leveraged funds.
- NRIs in the US and Singapore fear withholding taxes could reduce returns from leveraged FCNR deposits, potentially diminishing the attractiveness of the RBI-backed special deposit scheme.
- Average US gasoline prices climbed back to $4 per gallon amid renewed US-Iran hostilities, up sharply from $3.14 a gallon a year earlier.
- Japan’s SOMPO Insurance is in talks to increase its Universal SOMPO General Insurance stake from 34.61% to 51%, potentially acquiring shares from existing Indian shareholders.
- The rupee weakened to 96.52 per dollar amid rising crude prices and West Asia tensions, while RBI intervention helped prevent sharper depreciation as inflation concerns persisted.
- CBIC formed an 11-member panel to examine centralised GST registration for businesses operating across multiple states under one PAN, potentially simplifying compliance and reducing administrative complexity.
- The government approved NaBFID’s plan to issue ₹20,000 crore of 10-year zero-coupon bonds, supporting long-term infrastructure financing through a specialised debt instrument.
- India’s core sector growth accelerated to a five-month high of 5% in June, driven by iron ore, cement and electricity, while crude oil and natural gas remained weak.
- Protein inflation accelerated to 5.3% in June from 4.6% in May and 2.6% in January, as higher animal-feed costs pushed up chicken, milk and egg prices.
- Quick-commerce platforms are gaining pricing power, with FMCG brands spending up to 40% more during peak promotions and the channel contributing up to 75% of online sales.
- India added 183 Global Capability Centres in the first half of 2026, while global captive-centre additions surged to 120 in the June quarter from 63 previously.
- TCS acquired 200 acres in Vizag and 88 acres in Pune for AI infrastructure, alongside planned 100 MW OpenAI and 200 MW AMD data-centre deals.
- Indian lenders mobilised $20.7 billion through RBI’s special forex window, led by $17.4 billion in FCNR(B) deposits, $1.97 billion in overseas borrowings and $1.34 billion in ECBs.
- India's Skincare Industry is expanding rapidly, currently valued at over $9 billion and projected to hit nearly $18.4 billion by 2034. The surging growth is driven by consumer shifts toward science-led, evidence-based preventive skincare formulations.
- India and Strategic Defense Suppliers are accelerating supply-chain localised manufacturing, marked by domestic aerospace firms raising significant capital. Advanced engineering players are expanding global exports to support defence resilience and international aerospace demand.
- RTP Global and Tracxn revealed in their report that artificial intelligence became the top sector for Indian operator-founders, attracting over $1 billion in early-stage seed and venture investments.
- Tata Steel announced a major investment of ₹10,000 crore in Jharkhand projects to expand steelmaking capacity. The greenfield and brownfield initiatives will generate 2,000 direct and indirect jobs by 2028.
- Grasim Industries deployed ₹74,000 crore in capital expenditure over the last five years, according to Chairman Kumar Mangalam Birla. The investments focused on expanding manufacturing capacities across textiles, chemicals, and paints.
- Reserve Bank of India attracted $20.72 billion in foreign exchange inflows through its concessional swap facility. The mechanism provided domestic financial institutions with foreign currency liquidity during tight market conditions.
- AISTA dismissed shortage concerns following sugar price movements, citing sufficient domestic production of 31.5 million metric tonnes. The trade body confirmed available stocks fully cover national demand and buffer requirements.
- DGCA is introducing a centralised digital platform to streamline real-time aviation incident reporting. The system automates compliance tracking for safety management systems across commercial airlines and airport operations.
- Kerala State Government increased the natural rubber guaranteed support price by ₹50 per kg, raising it to ₹230 per kg. The fiscal intervention aims to shield local smallholder farmers from global commodity volatility.
- Government of India hosted a pre-application conference for its scheme to support surface coal gasification projects. The initiative offers ₹8,500 crore in financial incentives to boost clean energy conversion.
- Uttar Pradesh Government received over ₹7,000 crore out of ₹44,000 crore distributed nationwide under the SASCI scheme. The interest-free 50-year loans support infrastructure projects across urban and rural zones.
- Ministry of Power confirmed India holds adequate coal stocks exceeding 120 million tonnes at power plants and pitheads, ensuring uninterrupted electricity generation during peak summer demand cycles.
- Dhanuka Agritech emphasised that global geopolitical friction reinforces the urgent need to strengthen Indian agricultural resilience. Expanding domestic fertiliser and pesticide production protects national food security from global supply shocks.
- Indian Startup Ecosystem saw operator-founders direct substantial capital toward artificial intelligence solutions. Over 60% of emerging tech investments were secured by AI ventures aiming to accelerate enterprise automation and product innovation across sectors.
- India's Consumer Retail sector recorded a six-year low in private equity transaction values as cautious investors prioritised profitability. Funding dropped over 40% year-on-year to $1.2 billion across early and late-stage deals.
- Eleven Group plans to invest over ₹4,700 crore in building a renewable power distribution network across Gurugram and Nuh districts. The company submitted its parallel distribution license application to the Haryana regulatory commission.
- Global Clean Energy startups in the solar segment secured over $1 billion in venture funding. Investors poured capital into advanced photovoltaic cell technology, grid storage solutions, and large-scale utility infrastructure deployment globally.
- India's Finance Ministry released ₹44,544 crore in long-term interest-free capex loans to state governments under the SASCI scheme. The financial support accelerates infrastructure development projects, rural connectivity, and capital expenditure across participating states.
- Skyroot Aerospace successfully validated its private space launch capabilities through the Vikram-1 rocket testing program. The technological achievement positions India's commercial space sector to capture a share of the $500 billion global satellite launching market.
- Indian Edible Oil manufacturers requested import restrictions on refined oils from Nepal to protect domestic refiners. Local processors highlighted revenue losses caused by zero-duty import concessions under duty-free bilateral trade agreements.
- Indian Banking Sector leaders generated over ₹20,000 crore in commissions through insurance distribution during FY26. Fee income from bancassurance partnerships grew 15% year-on-year, bolstering non-interest revenue streams for major commercial lenders.
- Indian Oil Refiners faced a 77% surge in the first-quarter crude import bill, reaching ₹4.64 lakh crore. Escalating geopolitical conflict and rising energy prices significantly heightened trade deficit concerns for the economy.
- Indian Commercial Banks mobilized $17.406 billion in fresh FCNR(B) foreign currency deposits following regulatory relaxations. The substantial capital accumulation provided vital dollar liquidity and supported the domestic currency against global macroeconomic volatility.
Geopolitical Updates
- US Secretary of State Marco Rubio said Chinese President Xi Jinping’s planned September visit remains on track despite renewed tensions over alleged Chinese interference in US elections.
- Yemen’s Iran-aligned Houthis announced a naval blockade on Saudi Arabia, threatening further disruption to global energy supplies and trade flows amid escalating regional tensions.
- The US launched fresh airstrikes on Iran following the death of an American service member, while Iran retaliated against US forces in Bahrain and Kuwait amid escalating conflict.
- Visible shipping traffic through the Strait of Hormuz neared a standstill as vessels switched off transponders and attempted alternative routes amid heightened regional security risks.
- India says the Indus Waters Treaty requires renegotiation amid terrorism concerns, rejecting Pakistan’s water-shortage claims and noting over 33% of its allocated water flows into the sea.
- World Trade Organisation is conducting its eighth trade policy review of India in Geneva. The international panel evaluates macroeconomic performance, tariff structures, and regulatory reforms that supported India's $1 trillion export target.
- United Kingdom political developments following Andy Burnham's leadership rise signal potential strategic shifts for India-UK bilateral relations. Discussions focus on accelerating trade negotiations under the comprehensive free trade agreement framework.
- India formally accepted the WTO Fisheries Subsidies Agreement to eliminate harmful state support for illegal and unregulated fishing. The multilateral pact safeguards sustainable ocean ecosystems while protecting livelihoods of small-scale artisanal fishermen.
- Government of India invited applications for importing UK automobiles under concessional tariff quotas defined in the bilateral agreement. The policy enables entry of up to 15,000 premium vehicles at reduced customs import duties.
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.