India IPO
25 June, 2026
Recent IPO Updates
- Vinit Mobile Ltd., a multi-brand mobile retail business, is ready to launch its ₹34 Cr IPO, entirely a fresh issue of shares of 0.22 Cr shares on the NSE SME platform opening from June 30 to July 2, 2026, with an aim to set up new stores and to smoothly operate its general corporate requirements.
- Teja Engineering Industries Ltd., an assistance and support services company in the oil & gas and energy sectors, is launching a ₹37.36 Cr IPO, entirely a fresh issue of 0.17 Cr shares opening on the NSE SME platform from June 30 to July 2, 2026, with an aim to purchase machinery and to operate its day-to-day operational activities smoothly.
- NSE remains India’s most valuable unlisted firm at ₹4.86 lakh Cr ahead of its proposed record-breaking ₹30,000 Cr IPO, which is filed as an entirely offer-for-sale public issue with SEBI.
- IPO-bound Tryfacta secured two NASA contracts under the SEWP programme, strengthening its US public sector business ahead of its proposed $100–150 million IPO.
- SK Hynix filed for a $29.4 billion ADR listing on Nasdaq to raise funds for the AI chip factory in Yongin, advanced packaging fab and EUV equipment, capitalizing on memory chip demand surge.
P.E. & Funding Updates
- Hospitality startup SaffronStays raised $3.5 million from Infinity Ventures and others to expand luxury vacation homes across India and enhance guest experiences.
- Torrent Power raised ₹3,800 Cr through Series 15 non-convertible debentures, carrying an 8.10–8.20% coupon, with plans to list them on the NSE.
- EMA Partners acquired recruitment platform Taggd for ₹113 Cr, expanding its executive search and recruitment capabilities while strengthening its technology-driven talent solutions business.
- Bengaluru-based QOSMIC raised $3.3 million in seed funding to build space communication infrastructure connecting satellites, data centres and ground networks.
- Yotta Data Services will invest $7 billion in 2026, targeting 45,000 GPUs and expecting 75% of revenue from global AI cloud customers.
- EXL will acquire AI data solutions firm iMerit for $310 million, strengthening its AI capabilities and expanding enterprise-focused technology, data and digital transformation services.
- JustAI raised $17 million in funding led by Base10 Ventures to advance its AI technology platform, expand market presence and accelerate development of artificial intelligence solutions.
- Bodycraft Clinic and Salon raised ₹120 crore from Singularity AMC to add 30 new locations, invest in clinical technology, strengthen operations and enhance AI-driven customer experience across its network.
- Sherlocks AI raised ₹7.5 Cr in a pre-seed funding round led by SenseAI Ventures, which the enterprise incident management platform will use to expand its go-to-market initiatives and engineering team in North America.
- Unnati Agri secured ₹17 Cr in debt funding from Recur Club, capital that the digital agri-input platform will deploy to expand its credit services, strengthen its supply chain network and increase farmer outreach.
- BharatTender raised ₹1.25 Cr in a pre-seed funding round, which the technology platform plans to allocate toward product enhancement, expanding market penetration and digitizing complex B2B procurement operations across India.
- Hang Ten Systems, an enterprise AI services venture founded by former Infosys CEO Vishal Sikka, secured $32 million in seed funding led by Mayfield to help corporations deploy agentic code and automation architectures.
- Ambak is in advanced talks to raise ₹80 crore in its fresh funding round, which the digital home loan marketplace plans to utilize for technology infrastructure upgrades and deepening distribution partner networks.
- Ikin Global raised $2 million in its Pre-Series A2 funding round to take its smart lock and home automation solutions overseas, with management targeting strategic market expansion across the Middle East, Europe and major Southeast Asian consumer tech corridors.
- Tredence acquired US-based KMK Consulting to strengthen its healthcare AI business, combining KMK's 20+ years of pharma expertise with Tredence's AI capabilities; targets $100M annual revenue by 2028 and $1B by 2030.
Business & Economic Updates
- Indian markets rebounded as the Sensex gained 790 points (1.04%) to 78,991, while banking stocks surged after RBI eased concerns over interest rate hikes.
- Small-cap SIPs delivered 19.1% one-year XIRR, while monthly SIP inflows reached ₹23,067 Cr, signalling improving retail investor confidence amid stabilising market conditions.
- Adani Power will invest ₹2 trillion over five years, targeting 45 GW capacity by 2030 and 10 GW nuclear capacity by 2035.
- Ambit Capital said strong domestic liquidity and high valuations make a major return of foreign portfolio investors (FPIs) unlikely despite improving opportunities in India.
- SK Group emerged as South Korea's blue-chip semiconductor leader through strategic investments in chip manufacturing, AI technology and global partnerships, overcoming competition to dominate the memory chip market.
- India will seek investment opportunities at the Pax Silica event, targeting foreign capital for infrastructure projects, technology initiatives and economic development to strengthen international business partnerships.
- Indian companies are rotating auditors for compliance while maintaining relationships with Big Six firms, ensuring quality financial oversight, regulatory adherence and continued investor confidence in audit processes.
- The government formed a panel to examine how free trade agreements and re-deals affect Special Economic Zones, analyzing compliance impacts and policy adjustments needed for export competitiveness.
- India's new service output index will be launched next month, providing comprehensive data on service sector performance to track economic growth and guide policy decisions.
- Public sector banks plan to offer Rs 1 lakh bridge loans to vendors to support small businesses, improve liquidity and strengthen the supply chain ecosystem for faster economic recovery.
- BEE proposed one-to-five-star energy efficiency labels for electric two-wheelers, with five-star models consuming 1.6 kWh/100 km or less, helping buyers compare vehicle efficiency.
- India's 10-year bond yield declined to 6.80%, a three-month low, as easing crude prices and RBI's policy stance reduced expectations of near-term rate hikes.
- RBI withdrew regulatory exemptions for government-backed NBFCs with assets above ₹1 trillion, bringing them under enhanced supervision while reviewing thresholds every three years.
- India will release its first Monthly Index of Services Production (ISP) on July 14, using 2024-25 as the base year to track services activity.
- RBI capped digital fraud compensation at ₹25,000 for losses up to ₹50,000, with the revised customer protection framework effective from January 1, 2027.
- The government plans to raise ₹80,000 crore through PSU stake sales, including a likely LIC OFS, while reducing holdings to improve public shareholding.
- China exported $9.2 billion in electric vehicles during May, up nearly 50% from last year, driven by high oil prices from the Iran conflict and growing global EV demand.
- Gold fell below $4,000 per ounce for the first time since November 2025, trading at $3,972, as a stronger dollar and high interest rate expectations weighed on prices.
- Brent crude dropped to $73.98 per barrel, its lowest since February 27 before Iran strikes, as supply concerns eased with tankers exiting the Strait of Hormuz.
- Meta and Microsoft led over $850 billion in data center lease commitments, with Meta adding $79 billion new commitments as tech giants expand AI infrastructure.
- Banks must follow proper procedures when recovering excess pension payments, ensuring fair process for customers while addressing overpayment issues systematically.
- RBI removed over 100 redundant FEMA circulars to streamline regulations, reduce compliance burdens and improve ease of business for cross-border transactions.
- Foreign portfolio investors bought heavily again, with most investments in the financial sector followed by oil and gas, continuing their positive market sentiment.
- RBI approved ICICI Bank to acquire 2% more shares in ICICI Prudential Life Insurance, increasing its stake in the insurance venture.
- India's 10-year bond yield decreased 5 basis points to 6.78%, reflecting lower borrowing costs and positive market sentiment on economic outlook.
- S&P upgraded Bharti Airtel's credit rating to BBB+ from BBB, citing strong earnings growth in India and Africa, improved balance sheet, with 3-4% subscriber growth and 5-7% ARPU increase expected.
- India's 28 listed realty firms booked ₹1.95 lakh crore pre-sales in FY26, up 17% from previous year; Godrej Properties led, followed by Prestige Estates and Lodha Developers.
- Tata Sons received a regulatory breather after RBI dropped the "indirect public funds" definition from its final upper-layer NBFC framework, temporarily easing immediate public listing pressures despite its massive asset size threshold.
- RBI Governor Shaktikanta Das stated that talks regarding a benchmark interest rate increase are premature, giving the bond market a significant boost as traders scaled back their tightening policy bets.
- Indian Banking Stocks propelled a strong market rebound, reversing a multi-day losing streak after positive commentary from central bank officials significantly lifted financial sector sentiment and boosted overall investor confidence.
- RBI proposed a comprehensive risk management framework for domestic commercial banks adopting artificial intelligence, aiming to implement robust governance standards, ethical deployment principles and systematic technological risk checks.
- Pharma MNCs operating in India extended their market gains for the second consecutive year, outpacing other traditional sectors due to strong pricing power, steady domestic volume growth and premium product portfolio launches.
- India’s commerce minister Piyush Goyal will visit the UK today to accelerate negotiations and clear remaining hurdles before the implementation of the bilateral CETA and DCC trade frameworks.
- S&P lowered India's economic growth forecast for the fiscal year 2027 to 6.6%, citing cooling domestic demand, tighter financial conditions and potential macroeconomic headwinds affecting capital expenditure cycles.
- Dr. Reddy's Chairman emphasised that India urgently needs innovation at scale across sectors, moving beyond generic manufacturing capabilities to secure long-term competitiveness in global healthcare and technology markets.
- Mundra Port freight rates are projected to cool down significantly in the coming weeks as logistically strained maritime operators finally clear the heavy container backlog clogging the vital shipping terminal.
- Databricks highlighted that India's massive data advantage, fuelled by a vast smartphone user base, is uniquely positioned to fundamentally shape and dominate the next competitive phase of the global AI software race.
Geopolitical Updates
- India-US bilateral trade talks concluded without a major breakthrough, as both nations struggled to resolve long-standing trade barriers, market access constraints and tariff disagreements during the high-level discussions.
- Iran formally invited Prime Minister Narendra Modi to attend the state funeral of the late Supreme Leader Ayatollah Ali Khamenei in July, following his assassination in joint US-Israeli strikes.
- The US announced ships will move toll-free through the Strait of Hormuz under a new Iran peace deal signed by Trump, with the route reopening completely by June 19.
- Israel reiterated it will retain troops in southern Lebanon, while the US defended renewed diplomacy with Iran, keeping West Asia tensions and geopolitical uncertainty elevated.
- A UN inquiry found Israeli forces deliberately targeted Palestinian children in Gaza, causing genocide with 30% of war deaths being children since October 2023.
Source:
Latest IPO NewsFinancial Express, Mint, Business Standard, Economic Times, Indian Startup News, Inc42, Entracker
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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.