INDIA IPO
25 September, 2026
Recent IPO Updates
- National Stock Exchange made its stock market debut at ₹1,800 on BSE, climbing to ₹1,845 with a ₹4.53 lakh crore valuation to secure its place as India's 11th most-valuable listed company while achieving the global rank of 6th largest exchange operator.
- Inox Clean Energy is actively preparing to file its DRHP with SEBI for a massive ₹10,000 crore mega IPO, aiming for an overall valuation of ₹1 lakh crore.
- HVAC component manufacturer Koolking Industries India filed DRHP with SEBI for an IPO comprising a fresh issue of ₹300 crore and an OFS of 30.5 lakh shares.
- SJP Ultrasonics is launching a ₹23.45-crore BSE SME IPO at ₹67 per share, bidding scheduled from September 30.
- Sollfedge Smart Electronics launched a ₹21.78-crore SME IPO, offering 39.6 lakh shares at ₹55 each, with bidding scheduled from September 30.
- Nityas Gems and Jewellery is launching a 108.35-crore mainboard IPO, with shares priced at ₹70–75 and bidding scheduled from September 30.
P.E. & Funding Updates
- Enterprise AI startup Ema raised $77 million in Series B funding led by Creaegis, taking total funding to $140 million to expand AI Employees across enterprise functions.
- Lab-grown diamond jewellery startup ONYA raised ₹12.5 crore in pre-Series A funding led by Divisa Family Office to expand stores, online operations and product development.
- Preventive pain-care startup Betterhood raised ₹11.5 crore in seed funding led by Sauce VC to expand products, distribution, physiotherapist community and preventive-care offerings.
- Healthcare startup Rio Health raised $4.5 million in a pre-Series A funding round led by Version One Ventures to expand its AI-driven medicine delivery platform.
- Indian tech startups secured $10.3 billion in funding during the first nine months of 2026, marking a 7% year-on-year increase driven by larger late-stage deal sizes.
Business & Economic Updates
- MCA cautioned investors against Nidhi companies promising unusually high returns, citing statutory non-compliance, filing violations and mandatory regulatory requirements.
- JSW Group’s proposed Volkswagen India partnership faces a potential $1.4-billion tax liability dispute, creating uncertainty before financial due diligence and final agreement.
- Festive shoppers are increasing budgets, but research, reviews, brand trust and price remain key factors, reflecting more considered purchasing behaviour.
- NPCI says around 75% of merchants will remain insulated from UPI MDR, while the new framework could generate ₹13,000–15,000 crore annually.
- SEBI introduced faster settlement procedures for cases involving amounts below ₹10 lakh, simplifying proceedings while revising penalties, timelines and eligibility conditions.
- Indian equities fell sharply on September 24, with the Sensex declining 1.67% to 73,580.54 and the Nifty 50 falling 1.64% to 23,063.10, as insurance stocks led the sell-off amid concerns over proposed IRDAI regulations, rising US bond yields and higher crude prices.
- SEBI introduced a new Portfolio Management Services (PMS) framework, reducing the minimum investment threshold for eligible investors from ₹50 lakh to ₹25 lakh and allowing PMS managers to invest directly in mutual funds, ETFs and specialised investment funds.
- All states and Union Territories have been asked to publish rules for the four labour codes by October 31, covering wages, industrial relations, social security and occupational safety.
- The Consumer Affair Ministry decision to reduce import duties on edible oils is expected to provide some cost relief to domestic edible-oil companies, although elevated global prices could continue to influence retail prices.
- The government is urging banks and the Confederation of All India Traders to ensure that UPI Merchant Discount Rate costs are not passed on to consumers, with banks also expected to increase awareness among merchants.
- India’s proposed insurance commission reforms, combined with restrictions on management expenses and employee incentives, could reshape the economics of insurance distribution across banks, NBFCs and insurers.
- Average expenditure per overnight trip was highest for health and medical travel at ₹32,167, followed by shopping at ₹18,981 and pilgrimage and religious travel at ₹7,694.
- Dalal Street experienced a sharp market drop amid surging global crude oil price spikes and a severe bond sell-off, while insurance regulator IRDAI delivered unexpected policy updates impacting market sentiment.
- Strict US H-1B visa constraints and changing regulatory requirements are forcing prominent Indian IT service exporters to restructure, optimize, and fundamentally rework their international tech talent deployment strategies.
- Market regulator SEBI officially approved key strategic policy updates designed to broaden multi-asset investment avenues, expand market participation options, and enhance overall liquidity across domestic financial markets.
- Re-imposing MDR charges on digital UPI transactions could help payment ecosystem participants generate and recover up to ₹15,000 crore revenue during the very first year of implementation to sustain network operations.
- Prime Minister Narendra Modi encouraged Indian youth to keep dedicated national service above self-interest during political prominence, while Congress accused the central government and CEC of conspiring to suppress Gen Z voting rights.
- India forcefully reiterated its permanent UNSC seat candidacy, emphasizing that traditional global superpowers are increasingly failing their UN mandates as major international institutions struggle with resolving escalating international conflicts.
- Union Minister Hardeep Singh Puri cautioned that ongoing West Asia regional conflict uncertainties could exacerbate global oil market instability and disrupt international energy supply chains, impacting overall economic recovery.
- Electronics and Information Technology Secretary S. Krishnan emphasized that India must build autonomous domestic semiconductor manufacturing capacity to safeguard critical national technological infrastructure against external supply disruptions and denial risks.
- Department of Economic Affairs Secretary Ajay Seth highlighted India's proactive role in driving BRICS deliberations focused on establishing seamless, efficient, and secure cross-border payment mechanism frameworks among member states.
- Union Commerce Minister Piyush Goyal announced that India's newly finalized international trade agreements (FTA) will grant Indian businesses expanded tariff-free market access across global economies representing $60 trillion in collective GDP.
- Institute for Human Flourishing launched an India-headquartered research action policy lab during UNGA high-level week to ensure strategic artificial intelligence deployment actively protects and expands informal worker livelihoods.
- Uttar Pradesh Chief Minister Yogi Adityanath launched two mega housing projects in Lucknow aimed at boosting urban infrastructure and providing affordable residential units.
- India's consumer durables market is projected to reach a valuation of ₹30-32.5 trillion by 2030, driven by rising disposable incomes and expanding rural market penetration.
- The Reserve Bank of India (RBI) executed currency swaps worth at least $10 billion to manage foreign exchange volatility and absorb excess banking system liquidity effectively.
Geopolitical Updates
- External Affairs Minister S. Jaishankar conducted high-level bilateral discussions with international foreign counterparts at the United Nations General Assembly to address pressingly volatile regional security situations and global geopolitical developments.
- India and the United States showcased robust defence diplomacy through joint military drills during the Yudh Abhyas 2026 exercise held in Rajasthan.
- External Affairs Minister S. Jaishankar urged CARICOM member states to further deepen bilateral economic and digital partnership frameworks with India across multiple developmental sectors.
- India secured official strategic partner status at the Pacific Islands Forum, reinforcing External Affairs Minister S. Jaishankar's mandate for stronger Indo-Pacific diplomatic engagement.
- The US and China extended their trade truce by two months following talks between Donald Trump and Xi Jinping, with both sides agreeing to continue efforts to strengthen bilateral trade cooperation.
- The US and Iran are exploring a phased arrangement involving the reopening of the Strait of Hormuz and easing the economic blockade, according to Reuters, as the strategic shipping route remains central to the ongoing tensions.
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.