INDIA IPO
30 September, 2026
Recent IPO Updates
- EverBrands India, the master franchisee for Subway in India, filed DRHP with SEBI to raise â‚ą600 crore via a fresh issue, aiming to repay debt and fund store network expansion.
- Roongta Entertainment proposes an NSE SME IPO of up to 18 lakh equity shares.
- Suvira Industries proposes a BSE SME IPO of up to 37.94 lakh equity shares, including 1.92 lakh market-maker shares.
- Best Cast IT proposes an NSE SME IPO of up to 36 lakh equity shares.
- Intergen Energy proposes a BSE SME IPO of up to 48.736 lakh equity shares, including market-maker reservation.
- Parswam Fashion proposes a BSE SME IPO of up to 31.10 lakh equity shares, including market-maker reservation.
- Royal Chain proposes an IPO of up to â‚ą1,000 crore, comprising a â‚ą850 crore fresh issue and â‚ą150 crore OFS.
- Selzer Polymers proposes an NSE SME IPO of up to 34 lakh equity shares, including market-maker and employee reservations.
- Runwal Enterprises IPO was subscribed 2.5 times on the final day, with QIBs at 3.89 times, NIIs 3.94 times and retail investors 1.12 times.
- Technopaints and Chemicals filed for an IPO of up to â‚ą500 crore, comprising fresh issue up to â‚ą325 crore and offer-for-sale up to â‚ą175 crore.
- R.K. Fashion Accessories announced an IPO opening October 5, with 42.672 lakh shares and a ₹77–82 price band, implying an issue size of ₹34.99 crore.
- Orient Cables India’s IPO was subscribed 92.27 times, led by QIB demand at 182.76 times, while NIIs subscribed 115.63 times and retail investors 30.55 times.
- German Green Steel & Power’s IPO was subscribed 28.98 times, with NIIs at 54.03 times, retail investors at 22.83 times and QIBs at 20.93 times
P.E. & Funding Updates
- AI edtech platform Arivihan raised $10 million in a Series A funding round co-led by Prosus and Accel, driving its post-money valuation to â‚ą570 crore.
- Balwaan Krishi has raised â‚ą100 crore in funding to expand its farm machinery manufacturing capacity and strengthen its dealer network across India.
Business & Economic Updates
- India’s screen economy may grow from $12.5 billion in 2026 to $15.4 billion by 2031, driven by online video, retail media, connected TV and AI.
- India’s smartphone prices rose 16% in H1 2026 as component costs increased; average selling price reached $318, while sub-₹10,000 smartphone shipments declined sharply further.
- BSE’s inclusion in the Nifty 50 triggered ₹24,504 crore in NSE closing-auction turnover, while BSE shares gained 3.31% amid heightened index-related trading activity overall.
- Tata Group shares declined after Tata Trusts proposed restructuring Tata Sons, including mergers involving Tata Electronics Systems Solutions and Tata Consulting Engineers, avoiding holding-company listing.
- Anthropic warned of potential “existential risks” from advanced AI models, while OpenAI shelved its planned GPT-6.1 Astra release after internal testing raised safety and alignment concerns.
- TVS, Bajaj and Ather increased their electric two-wheeler market share to 65% in September, supported by new launches, aggressive pricing and financing options for consumers.
- Allianz Research projects India’s GDP to grow 7.5% in 2026, while inflation rises to 4.7%, before growth moderates to 7.1% in 2027, according to report.
- Private-sector employee compensation rose to 17% of GVA in FY25 from 14% in FY20, while public-sector compensation declined from 13% to 11% over the period.
- The government, with ADB, is developing a national grading system for warehouses and cold chains to improve standards, access, technology and investment across the logistics sector.
- Shaktikanta Das said India’s economy remains resilient amid geopolitical tensions, supported by domestic demand, reforms, services growth and efforts to reduce energy dependence and vulnerabilities.
- The government extended applications for the second round of BHAVYA industrial parks until October 31, 2026, supporting development of 100 plug-and-play industrial parks across the country.
- Vedanta chairman Anil Agarwal welcomed Adani and Reliance Industries into aluminium, saying increased competition could improve efficiency, encourage consolidation and create opportunities for mergers.
- High gold prices and steep taxes are driving Indian buyers toward cash transactions, with dealers and customers increasingly seeking discounts while official channels face pressure
- Nearly a decade after losing Essar Steel, the Ruia family is returning to steel through a $15-billion integrated project in Iowa, expanding its US presence.
- US tariff exemptions for specialty pharmaceutical products offer relief to Indian drugmakers, while new investigations examine potential dumping of critical pharmaceutical inputs from China.
- Indian refiners may moderate Russian crude purchases as US tariff risks emerge, though steep discounts, supply requirements and market economics continue supporting Russian oil imports.
- Apple hit an all-time high in India operations as annual iPhone exports crossed $13 billion, driven by local manufacturing incentives and expanding domestic supply chain capacity.
- Indian corporate litigation costs rose sharply as rapid overseas expansion, global mergers, international arbitrations and complex cross-border regulatory compliance requirements increased total spending on legal services.
- India's services sector output surged 13.5% year-on-year, showing broad-based industrial expansion as 17 out of 19 tracked key sub-sectors registered positive monthly growth.
- Government agencies initiated integration of verified MSME data into a unified platform to power the proposed National Business Register, streamlining official enterprise tracking and administrative access.
- External Affairs Minister S. Jaishankar publicly criticized US indifference toward cross-border terrorism emanating from India's immediate neighborhood, warning that such neglect adversely impacts bilateral diplomatic ties.
- Investment banks earned a record â‚ą2,200 crore windfall in fees as dynamic equity market sentiment fueled a surge in tech and retail corporate offerings across India.
- IndiGo’s net profit faces severe pressure due to rising Aviation Turbine Fuel costs, which surged over 86% YoY, leading to a quarterly loss of ₹237 crore despite strong travel demand.
- Ending a five-month net buying streak, Foreign Portfolio Investors sold â‚ą9.2K crore of Fully Accessible Route government bonds in September as US yields remained elevated and dollar strength increased.
- Nifty 50 is on track to record its worst September performance in 8 years, declining nearly 14% from peak levels as foreign portfolio outflows and market sell-offs intensify.
- High derivatives expiry activity generated severe intra-day market swings, triggering heavy volatility across benchmark indices while RBI intervened in forex markets to stabilize the local currency.
- Moody’s Ratings warned that India's aging demographic timeline is accelerating faster than projected, which could constrain long-term fiscal expansion and GDP growth without significant healthcare and labor reforms.
- Data reveals India accounted for 3% of global terrorism-related fatalities since 2001, highlighting persistent national security costs despite a significant decline in domestic incidents over recent years.
- External Affairs Minister S Jaishankar warned at a global forum that severe fertilizer shortages, supply chain disruptions and climate stress threaten an unprecedented food crisis across the Global South.
- The Indian government raised its total foodgrain production target to a record 374 million tonnes for the crop season, issuing mitigation strategies against potential El Niño agricultural risks.
- S&P Global stated that Tata Sons’ potential IPO listing or group leadership transition will have no immediate rating impact on rated entities, citing strong group credit profiles.
Geopolitical Updates
- Foreign ministers from India, Brazil and South Africa met at the UN General Assembly, jointly demanding urgent comprehensive reforms and expansion of the Security Council.
- Finance Minister Nirmala Sitharaman met Qatari officials in Doha to expand bilateral trade, advance Bilateral Investment Treaty discussions, negotiate an FTA and fast-track UPI digital payment integration.
- External Affairs Minister S Jaishankar noted India-China ties have improved compared to 2024–2025, emphasizing that border stabilization and mutual non-interference remain fundamental to normalizing broader relations.
- Trump denied offering Iran sanctions relief, disputing reports that Washington would ease sanctions and release frozen funds in exchange for concrete progress on its nuclear programme.
- Jaishankar said the US and China are operating competitively, while India and others seek to de-risk and diversify partnerships amid changing global economic conditions worldwide.
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.