India IPO
27 June, 2026
Recent IPO Updates
- Silver Consumer Electricals raised ₹150 crore pre-IPO from Riyaz Suterwala; valued at ₹3,600 crore; plans ₹1,400 crore IPO (₹1,000 cr fresh + ₹400 cr OFS); Arpit Khandelwal owns 26.79%.
- 10 IPOs to watch in the rest of 2026, including Jio (₹37.7k cr), NSE (₹30k cr), PhonePe ($1.5B), Flipkart ($10B raise), SBI Mutual Fund (₹13k cr), Zepto (₹8,010 cr+OFS), Hero FinCorp (₹3.4k cr), OYO (₹6,650 cr), boAt (₹1.5k cr), Acko ($250-350M).
- The primary market of India faced the opening of 12 IPOs between June 21 and June 27, 2026. Key offerings included CSM Technologies, Advit Jewels, Waterways Leisure Tourism and so on across mainboard and SME segments, collectively raising over ₹2,000 Cr.
P.E. & Funding Updates
- AllHome, a building materials startup by PharmEasy co-founders Dhaval Shah, Dharmil Sheth, raised ₹200 crore Series B led by Bessemer, Strides; valued at ₹2,000 crore; funds for tech, experience centers, manufacturing.
- Smartworks will acquire Singapore-based Workstudio Spaces, with the transaction expected to close in July 2026, strengthening its managed workspace business and regional presence
- Alienkind has successfully raised $3.2 million in a funding round. The beverage and cafe chain plans to utilize this capital to significantly expand its operational footprint across major Indian cities and target new markets.
- Retner.ai recently raised strategic funding from Growth Sense Venture Fund to boost operations. The intent intelligence platform focuses on automating electronic commerce communications, enhancing customer engagement, and streamlining digital shopping experiences across regional markets.
- Zave has raised Rs 4.7 crore in a bridge round led by Inflection Point Ventures. This intelligent shopping assistant platform will use the fresh capital to strictly improve its digital recommendation engine and scalability.
- India witnessed its startups achieve a massive milestone by raising $1.1 billion collectively over the past week alone. Notable platforms like CRED and Square Yards, nearing an IPO, successfully spearheaded this capital funding influx.
Business & Economic Updates
- Goldman Sachs raised India's FY27 GDP growth forecast to 6.5% from 6.3%, citing easing oil prices, while lowering FY27 inflation to 4.9%.
- El Nino drought reduces barley yields, India may need more rice-based ethanol for E20 fuel blending target by 2025-26, amid grain supply concerns and fuel policy goals.
- India's PMS industry lost 310 clients in May, marking the third consecutive monthly decline, amid market volatility and cautious investor sentiment.
- BYJU's global lenders proposed acquiring a 30% stake in Aakash Educational Services, valued at around $2 billion, to settle legal disputes with founder Byju Raveendran.
- PM Modi says AI transforms sectors, accelerates innovation, boosts productivity; India investing in AI infrastructure, digital public goods, startup support, global AI partnerships for economic growth.
- Smaller banks are exploring GIFT City to mobilise FCNR(B) deposits, leveraging overseas lenders to attract foreign currency funds without establishing international branch networks.
- India's foreign exchange reserves increased by $963 million to $672.58 billion for the week ended June 19, according to the RBI.
- Lauritz Knudsen, a Schneider Electric company, is expanding into Tier-II and Tier-III cities, supporting India's solar boom through training, products and distributed energy solutions.
- Manufacturing companies led India Inc's earnings growth, with sales rising 10.8% and operating margins improving to 10.3% in FY26, outperforming other sectors.
- Commerce Minister Piyush Goyal criticizes global rating agencies for underestimating India's 6.5-7% growth, citing resilience amid West Asia crisis, strong domestic demand, and policy reforms.
- Consumer companies ramp up production for Diwali-Christmas festive season, increase inventory 20-30%, offer discounts, boost sales across electronics, apparel, food, home decor.
- India tours gain popularity for global travelers: Taj Mahal, Kerala backwaters, Himalayas, Rajasthan forts, Goa beaches; affordable, cultural diversity, visa-friendly, 10 million tourists expected.
- Iran reaffirmed its authority over the Strait of Hormuz, rejecting US-GCC criticism after a ship attack, keeping global shipping and energy markets on edge.
- Alternative Investment Funds expect investor inflows to recover as West Asia tensions ease, with commitments nearing ₹17 trillion and cumulative fundraises exceeding ₹7 trillion.
- SIP-linked assets now account for 40.4% of active equity mutual fund AUM, while monthly SIP inflows remained above ₹30,000 crore, highlighting sustained retail investor participation.
- SIAM urged changes to India's battery recycling rules, warning current norms could increase EV prices by 3–5% and raise compliance costs for manufacturers.
- Indian fintechs are securing licences across global markets, expanding beyond cross-border remittances to build international payment networks and compete with established global players.
- A Foxconn subsidiary acquired a $37.2 million stake in its India unit, reinforcing its manufacturing expansion and strengthening Apple's iPhone production ecosystem in India.
- Twenty states utilised just 5.86% of their combined ₹10 trillion budgeted capital expenditure during April–May FY27, highlighting a slow start to infrastructure spending.
- The CBDT aims to collect ₹26.9 trillion in direct taxes during FY27, focusing on better recoveries, compliance, technology and stronger enforcement against tax evasion.
- RBI expanded its SDL Benchmark Issuance Strategy to 10 more jurisdictions, taking participation to 19 states and UTs to improve transparency and market liquidity.
- Samsung Group unveils $646 billion (1,000 trillion won) spending package over 10 years, largest in South Korea's history, for AI data centers, chip manufacturing, batteries, displays, with SK Hynix joining AI investment push.
- SoftBank Group fell 13% amid worries OpenAI may delay IPO until 2027 due to tech stock volatility and $1 trillion valuation concerns, leading Asian tech selloff including Arm Holdings dropping.
- Budget 2026 launches three-pronged MSME support: equity, liquidity, professional help; ICAI, ICSI, ICWA design modular courses and para-professional pool for tax filing, simplified TDS for manpower supply.
- Companies must prioritize sustainability and long-term value creation amid rising climate risks, regulatory pressure, consumer demand for ESG responsibility, shifting from profit-only to balanced stakeholder approach.
- Corporates delay dollar-bond issuances as investors demand higher yields amid US rate uncertainty, global volatility, making borrowing costs expensive for emerging market issuers.
- India's bank credit growth was steady at 17.7% in June, driven by retail loans, working capital, infrastructure spending, despite RBI's cautious stance on unsecured lending and credit quality concerns.
- IDFC First Bank CEO V Vaidyanathan warns MSMEs: "If not digitized and using full AI power, miss big opportunities"; AI equalizes small companies, enabling marketing on the fly, scaling nationally/globally.
- Swatch claims $170 million damages from Samsung for trademark infringement over 26 digital apps cloning Omega, Tissot watch faces on Samsung smartwatches; British judge rules soon, largest such case in UK.
- FDA grants tentative approval for Lupin's cancer drug, enabling market entry post-patent expiry, strengthens generic oncology portfolio, expands US presence.
- The government invites bids for green urea plants under ₹19,020 crore scheme, aims for 10 MTA capacity by 2030, cuts ₹1.5 lakh crore annual import bill, and promotes ammonia-based hydrogen production.
- Direct India–China flight capacity has increased 30-fold since October 2025, with airlines scheduling 27,857 seats across 137 flights in June.
- India’s inaugural hydrogen train is nearing its official launch following crucial safety trials in Haryana. This milestone marks a major step forward in the domestic transition toward sustainable and green public transportation infrastructure.
- Uber India’s country chief has resigned from his corporate role to head OpenAI’s operations within India. This high-profile leadership transition highlights the intensifying corporate race to dominate the expanding domestic artificial intelligence market.
- DCM Shriram Chemicals’s Jhagadia chemical manufacturing facility has officially joined the World Economic Forum’s elite Global Lighthouse Network. This recognition underscores the plant's successful deployment of advanced automation technologies to maximize operational efficiency.
- Experts indicate that the ongoing Kospi financial crisis is highly unlikely to adversely impact Indian markets. India’s robust domestic growth trajectory and strong macroeconomic fundamentals provide a resilient buffer against external volatility.
- SEBI has rejected a settlement plea filed by Anil Ambani and Reliance Infrastructure regarding a ₹6,526 crore fund diversion case. This enforcement action underscores the authority's stringent stance on corporate governance lapses.
- Indian Union Minister Piyush Goyal has urged domestic exporters to target aggressive global market share expansion rather than conservative growth. He emphasized enhancing manufacturing competitiveness to boost the nation's international trade footprint significantly.
- India’s climate change is rapidly escalating into a severe operational and financial risk for manufacturing MSMEs around the country. Extreme weather disruptions and resource scarcity are forcing smaller enterprises to urgently re-evaluate business resilience.
- Digital transformation among India’s MSMEs is accelerating significantly, driven by a rapid increase in artificial intelligence adoption. A Vi Business report highlights that smaller enterprises are leveraging advanced technologies to optimize daily operations.
- India’s growth in the commercial vehicle sector is projected to ease to a moderate 4–6% during FY27, according to ICRA. This anticipated slowdown reflects a normalization of demand following consecutive fiscal periods of expansion.
- India is poised to become the world’s 2nd-largest solar market as total cumulative capacity successfully surpasses the 150 GW milestone. This achievement cements the country's leading position in global renewable energy adoption.
- India has officially dropped the proposed 20% local sourcing requirement for satellite internet operators. This regulatory adjustment eases entry barriers for telecommunication companies while strategically maintaining essential security guardrails for emerging satcom networks.
Geopolitical Updates
- Ukraine launched one of its largest drone offensives, targeting Russian military infrastructure across multiple regions, as the conflict intensified despite Moscow's air defence response.
- Trump threatens 100% tariff on goods from countries imposing digital services tax on US tech firms like Meta, Alphabet, Amazon, superseding any trade deals, immediate effect, targeting Europe.
- Japanese Prime Minister Sanae Takaichi will visit India on July 1 for a three-day visit to strengthen bilateral cooperation in trade, investment and defence.
- Daily vessel crossings through the Strait of Hormuz recovered to 78, reaching 57% of pre-conflict levels as shipping activity gradually resumed after the ceasefire.
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.