INDIA IPO
26 September, 2026
Recent IPO Updates
- Ekkaa Electronics filed its DRHP with SEBI for a ₹725-crore IPO, comprising a ₹525-crore fresh issue and an offer for sale of up to ₹200 crore.
- Vishal Nirmti will launch its IPO with a fresh issue of up to ₹145 crore and an offer for sale of ₹33 crore. Bidding opens September 30.
- Orient Cables IPO was fully subscribed on its first day, receiving bids for 29.33 million shares, with overall subscription reaching 1.96 times amid investor participation.
- German Green Steel and Power IPO was subscribed 1.73 times on day one, receiving bids for 27.8 million shares against 16.06 million shares offered Friday.
- Runwal Enterprises IPO was subscribed 42% on day one, attracting bids for 5.09 million shares against 12.11 million shares offered, raising ₹148.95 crore from anchor investors.
- Anjali LabTech filed updated IPO papers with SEBI to raise ₹1,225 crore, comprising a ₹925-crore fresh issue and ₹300 crore offer for sale.
- Anjali LabTech filed updated IPO papers with SEBI to raise ₹1,225 crore, comprising a ₹925-crore fresh issue and ₹300 crore offer for sale.
- National Stock Exchange of India shares dipped below their listing price, ending over 1% lower on Friday after making a modest market debut on the BSE the previous day.
- Swastika Infra's ₹161 crore public issue achieved an overall subscription of 7.60 times on its third and final bidding day, supported by strong interest across investor categories.
- Elevate Campuses' ₹2,100 crore IPO concluded its three-day bidding window successfully, reaching an overall subscription of 1.79 times on the final day.
- ArMee Infotech closed its ₹300 crore public issue on its final day of bidding, successfully attaining an overall subscription of 2.44 times across all investor categories.
- Snapdeal parent company AceVector secured ₹189 crore from 14 anchor investors by allocating 5.91 crore shares at ₹32 each, a day prior to opening its mainboard public issue.
- Kolkata-based biscuit maker Anmol Industries filed draft papers with SEBI to raise ₹1,800 crore through an IPO, structured purely as an offer for sale by its promoter trust.
- Kian-M Export filed DRHP with capital markets regulator SEBI to raise ₹500 crore through a fresh issue of equity shares.
P.E. & Funding Updates
- Roorkee-based solar and power-backup solutions maker Eapro Global raised ₹40 crore from institutional investors, family offices and individual investors, ahead of its proposed FY28 IPO. The funds will support manufacturing expansion and technology capabilities.
- BSE SME-listed EV maker Zelio E-Mobility plans to raise up to ₹167.96 crore through a preferential issue of equity shares and convertible warrants to expand manufacturing capacity and its dealer network.
- Hospitality AI startup Dextr AI raised $6.7 million in seed funding led by Elevation Capital, with participation from Foundation Capital, to expand its AI agents, team, integrations and deployments across hotel markets.
- Carlyle acquired a majority stake in Nido Home Finance for over ₹2,000 crore through primary infusion and secondary purchase, strengthening the housing financier’s capital base.
Business & Economic Updates
- India moved to 31st place in the World Economic Forum’s Travel and Tourism Development Index, with improvements in infrastructure, cultural resources and travel connectivity.
- Prime Minister Narendra Modi highlighted the success of Make in India, saying infrastructure, enterprise and innovation have created opportunities for businesses and investors across manufacturing sectors.
- India’s recent FCNR mobilisation of $13.3 billion came before global bond yields increased, helping banks raise foreign currency deposits before emerging-market investment conditions potentially tightened.
- Infrastructure projects worth over ₹150 crore recorded cumulative cost overruns of ₹2.88 lakh crore, with 1,731 projects monitored and revised costs reaching ₹33.60 lakh crore.
- India’s finished steel imports increased 29.5% to ₹36,193.9 crore during April-August, with China, Korea, Japan, Indonesia and Vietnam accounting for significant import volumes.
- Production Linked Incentive schemes disbursed ₹1,400 crore during April-June, taking cumulative payouts to ₹36,754 crore and attracting ₹2.58 lakh crore in investments across priority manufacturing sectors.
- The pharma PLI scheme attracted over ₹46,700 crore in investments by June 2026, supporting production, sales and employment while targeting reduced dependence on imported pharmaceutical inputs.
- India’s aluminium extrusion industry expects around 10% annual growth over the next five years, driven by construction, renewable energy, EVs and semiconductor-related demand despite financing pressures.
- NSE chairman Srinivas Injeti said exchanges should be allowed to self-list, arguing the model is feasible and regulatory safeguards can address potential conflicts of interest.
- The government’s fertiliser subsidy spending reached ₹1.14 lakh crore in H1 FY27, about 65% of the annual allocation, amid elevated global input prices and import costs.
- IRDAI plans insurance distribution reforms from January or April 2027, aiming to simplify channels, improve remuneration, expand consumer choice and encourage greater participation.
- RBI staff said India’s economy remains resilient despite geopolitical tensions and rising energy prices, with financial and external sectors continuing to support growth.
- Indian equity indices recorded their longest losing streak in six years, falling 0.88% weekly amid domestic pressures, higher crude prices and foreign selling.
- Tata Group assured the government that its ₹14-billion semiconductor and electronics projects remain on schedule despite an internal leadership dispute at Tata Sons.
- Vodafone Idea launched free international roaming benefits for eligible customers, covering multiple countries and plans, intensifying competition as telecom operators target premium and postpaid users.
- OpenAI is reportedly preparing to preview GPT-6 Cyber, a cybersecurity-focused AI model designed to help customers deploy advanced AI systems more securely and automate security-related tasks.
- Anthropic signed an $11.6-billion, seven-year agreement with Akamai for computing capacity, supporting Anthropic’s growing AI infrastructure requirements and expanding access to central processing resources.
- India could face an additional $1.8-3.7 billion annual oil bill if it replaces one million barrels per day of Russian crude, amid potential tariff pressures.
- India is reviewing how disputes with foreign businesses are resolved, with the government considering changes to bilateral investment treaties and the period for pursuing local remedies.
- India’s defence manufacturing push in Uttar Pradesh includes six defence corridors, while the state is expanding exports and attracting investment across aerospace and defence production.
- India expects to finalise four to five bilateral investment treaties soon under a revised framework, with negotiations aimed at attracting sustained foreign investment while updating dispute-resolution provisions.
- The Finance Ministry says the UPI MDR decision faced no external pressure; the framework redistributes revenue among ecosystem participants while keeping person-to-person payments unchanged and exempting small merchants.
- Insurers seek scale-based limits on management expenses, favouring phased commission reforms as industry players seek flexibility to accommodate business models, distribution costs and growth stages.
- Foreign direct investment equity inflows into India rose 6% year-on-year to $19.81 billion during the April-June quarter of FY27, according to official DPIIT figures.
- India's foreign exchange reserves contracted by $4.92 billion to $780.78 billion, falling from a recent historical peak of $785.71 billion, according to official RBI data.
- The government revised its FY27 gross market borrowing target down by ₹1.2 trillion to ₹15.995 trillion, planning to raise ₹7.86 trillion through dated securities during the second half.
- Registered investment advisors and mutual fund distributors are currently evaluating SEBI’s proposed MF-only PMS framework to assess its potential viability, operational challenges, and impact on client portfolios.
- Senior government officials stated that Indian MSMEs must proactively comply with European non-tariff regulations, including ESG standards and CBAM, to fully capitalize on the upcoming India-EU FTA.
- Under the bulk drugs PLI scheme, cumulative investments reached ₹5,210 crore by June, commissioning 39 projects and generating ₹3,792 crore in total sales, government figures showed.
- The Odisha state government introduced stricter expenditure guidelines for its FY27 Supplementary Budget, mandating that departments demonstrate accelerated capital expenditure before requesting additional fund allocations.
- India's foreign exchange reserves plummeted by $14.9 billion to $765.9 billion in a single week, marking the sharpest single-week decline since November 2024, according to RBI data.
- Indian Global Capability Centres are aggressively expanding internal AI upskilling and reskilling initiatives for their technology workforce to build future-proof capabilities and maintain operational efficiency.
- Robust demand for consumer mobile devices propelled India's total electronics merchandise exports to $26.66 billion, with smartphones remaining the single largest contributor to overall growth.
Geopolitical Updates
- India and Australia are working on a bilateral investment treaty and C-ECA upgrade, aiming to strengthen investment, trade, taxation, talent mobility and cooperation across critical sectors.
- Iran has proposed a seven-day plan to halt hostilities, reopen the Strait of Hormuz and begin comprehensive nuclear talks, while Washington remains cautious.
- The Trump-Xi meeting produced a two-month extension of the US-China trade truce, but no major breakthrough was announced on key trade, technology, or Taiwan issues.
- The Trump-Xi meeting produced a two-month extension of the US-China trade truce, but no major breakthrough was announced on key trade, technology, or Taiwan issues.
- On UNGA margins, India partnered with Liberia to co-chair the newly launched Group of Friends on Safety and Security of Shipping and Seafarers to defend global commercial vessels
- India reserved its third-party rights at the WTO in a dispute that Russia filed against the European Union over the European Union's Carbon Border Adjustment Mechanism and greenhouse gas schemes.
- India and French firm EDF held discussions in New Delhi on deploying EPR technology, nuclear supply chain localization, and regulatory reforms for private energy sector participation.
- External Affairs Minister S Jaishankar signed the UN Convention against Cybercrime on thUNGA sidelines and met Russian Foreign Minister Sergey Lavrov to review bilateral ties and BRICS cooperation.
- Ukrainian President Volodymyr Zelenskyy revealed that India, Turkey, Egypt and several Middle Eastern nations are actively participating in multilateral diplomatic discussions to unblock merchant shipping routes across the Black Sea.
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.