INDIA IPO
04 September, 2026
Recent IPO Updates
- Rentomojo’s IPO opens September 9–11, comprising ₹150 crore fresh issue and ₹1,105.57 crore OFS, aggregating ₹1,255.57 crore, with ₹384–404 price band.
- Manipal Payment and Identity Solutions’ IPO opens September 9–11, comprising ₹320 crore fresh issue and ₹480 crore OFS, aggregating ₹800 crore, priced ₹322–339.
- LCC Projects’ IPO opens September 9–11, comprising ₹258 crore fresh issue and ₹127.11 crore OFS, aggregating ₹385.11 crore, with ₹139–146 price band.
- Glass Wall Systems’ ₹428 crore IPO opens September 8 and closes September 10, with a ₹172–182 price band and fresh issue plus OFS components.
- Karamtara Engineering’s IPO opens September 9–11, comprising ₹675 crore fresh issue and ₹200 crore OFS, aggregating ₹875 crore, with ₹241–254 price band.
- Vinod Texworld’s SME IPO opens September 9–11, comprising ₹42.83 crore fresh issue and ₹9.43 crore OFS, aggregating ₹52.26 crore, priced ₹94.00.
- Jio is finalizing plans to launch its massive $4 billion IPO during the upcoming Navratri-Diwali festive season. The telecom giant will conduct global roadshows soon to target key overseas and domestic institutional investors.
- Beijing-based AI startup Moonshot AI, developer of the Kimi chatbot, submitted a confidential A1 filing for a Hong Kong IPO while simultaneously raising pre-IPO funding targeting a $50 billion valuation as ARR topped $300 million.
P.E. & Funding Updates
- Slice Small Finance Bank raised $100 million at a $450–470 million valuation, including secondary transactions, with Neo Wealth, Kado Global and Moore Strategic Ventures participating.
- Cradlewise raised $12 million in Series A funding led by 3one4 Capital and Prudent Investment Management to expand products, sales channels, R&D and globally.
- Makr Microsystems raised ₹10.2 crore in seed funding led by Bluehill VC, with Artha Venture Fund, to advance non-destructive chip inspection technology toward commercial deployment.
- Nvidia will acquire AI platform Hugging Face for $13 billion, expanding its AI ecosystem and giving developers greater access to models and computing infrastructure.
- Air India is close to securing ₹10,000 crore from Tata Sons and Singapore Airlines, with funding expected after performance milestones under its turnaround strategy.
- CESC unit Purvah Green has received approval to acquire a 1.4 GWp renewable energy portfolio from ReNew/Welspun for ₹4,859 crore. The deal expands Purvah's overall pipeline and operating capacity to 4.8 GWp.
- Venture capital funding into India's edtech sector plummeted sharply to $214 million. The dramatic drop reflects global macroeconomic tightening, post-pandemic cooling demand for online learning, and a broader cash crunch across early-stage startups.
- Healthtech startup SugarFit faces severe stress, with its valuation expected to collapse by 80% as early backer A91 Partners negotiates an emergency ₹150 crore bailout round to restructure the business and keep operations running.
- Wearable healthtech startup Ultrahuman secured $70 million in funding led by Qualcomm Ventures and Labcorp. The capital will scale its smart ring platform, advanced biometric algorithms, and real-time health interface ecosystem globally.
- Clean-tech venture Leanwatts raised ₹18.15 crore in seed funding led by Trivest Partners. The capital injection will accelerate product development, expand manufacturing facilities, and drive deployment of its proprietary energy-efficient power conversion systems.
- Beauty and wellness platform VLCC secured ₹110 crore in funding from BlackSoil Capital. The Carlyle-backed enterprise will deploy capital to strengthen operations, scale subsidiaries, and expand store networks across global markets.
Business & Economic Updates
- India’s services PMI rose to 54.1 in August from 50.5, signalling renewed expansion as domestic demand strengthened despite slower employment and export growth.
- Crude oil prices neared $100 amid escalating West Asia tensions, raising concerns over India’s import costs as Brent and WTI prices climbed sharply.
- Data centres are projected to add only 0.13% to India’s GDP by 2030, despite rapid capacity expansion driven by digitalisation, AI and cloud demand.
- SUV buyers continue favouring manual variants, accounting for 71.4% of sales, as higher automatic premiums and consumer preferences limit adoption despite improving technology.
- August bulk and block deal value reached a 26-month high of ₹98,353 crore, with mutual funds and FPIs accounting for 45% of total transactions.
- India has stalled the China-linked Alipay-UPI payments proposal over security concerns, data protection risks and regulatory issues surrounding cross-border digital transactions.
- SBI mobilised around $10 billion through FCNR(B) deposits under the RBI’s special swap window, while HDFC Bank raised nearly $12 billion through similar channels.
- US trade deficit widened 29% to $78.3 billion, its largest since early 2025, as imports surged while exports increased only modestly.
- SEBI proposed allowing mutual funds to settle cash-market trades on a net basis, aiming to improve liquidity and settlement efficiency while reducing temporary funding requirements.
- SEBI disposed of complaints against NSE after a 1,500-crore settlement, involving cases related to alleged preferential access, co-location and dark-fibre matters.
- India is seeking a tariff advantage in its proposed US bilateral trade agreement, aiming to improve export competitiveness and secure concessions for key sectors.
- India’s goods exports reached a record $41.4 billion in August, but low-margin shipments increased as exporters faced weaker pricing and West Asia disruptions.
- Carmakers are increasing production capacity as festive demand strengthens, with Maruti Suzuki and Hyundai expanding output, launches and exports to meet rising passenger-vehicle demand.
- Swiggy has entered travel with a premium concierge service, expanding beyond food delivery into personalised travel assistance through a dedicated app and wider lifestyle offerings.
- Bharat NCAP 2.0 is planned for October 2027, introducing stricter crash-testing standards, enhanced safety evaluations and ratings covering vehicle safety technologies and child protection.
- RBI met bankers as banking-system liquidity hit a record ₹9.70 lakh crore, prompting discussions on surplus management, lending support and liquidity absorption measures.
- Sensex swung nearly 4,000 points within minutes during derivatives expiry, plunging over 2,000 points before recovering amid extreme market volatility on Thursday.
- FCNR inflows supported Indian bonds and the rupee, with five-year government bond yields easing to 6.95% as foreign-currency deposits strengthened dollar liquidity.
- Finance Minister Nirmala Sitharaman said India remains a trusted destination for global investment, highlighting economic resilience, reforms, fiscal prudence and infrastructure opportunities.
- Private-sector capital expenditure may finally recover after years of government-led spending, with infrastructure credit and new project announcements showing early signs of revival.
- Pharma exports are targeting a $1.4 billion business through pharmaceutical council-led promotion, focusing on emerging markets and expanding India’s global pharmaceutical footprint.
- India’s electricity trade grew 20% in August, with exchange volumes reaching record levels as average market-clearing prices remained lower than the previous year.
- India’s micro-drama market could grow nearly tenfold to ₹25,500 crore by FY32, driven by rising smartphone adoption, affordable subscriptions and increasing digital advertising.
- Indian firms operating in the UAE are restructuring operations to align with its new 15% corporate tax framework. The tax applies to multinational enterprises generating over €750 million globally under OECD global standards.
- FM Nirmala Sitharaman presented India's growth trajectory to US investors in New York, highlighting 7.8% GDP growth. She emphasised capital asset creation, regulatory simplicity, and fiscal discipline to attract FDI toward Viksit Bharat.
- PM Narendra Modi urged auto manufacturers to innovate and accelerate EV deployment to drive economic growth toward Viksit Bharat 2047. The domestic auto market surpassed a ₹22.75 lakh crore contribution to India's GDP.
- Commerce Minister Piyush Goyal called on global auto giants to boost production in India and target global export markets. He noted recent trade pacts covering $60 trillion in global GDP offer massive expansion opportunities.
- SEBI is evaluating derivative settlement price mechanisms following the launch of the Closing Auction Session in cash markets. A formal consultation paper will address price discovery efficiency and volatility mitigation in options.
- ISRO successfully deployed EOS-03, India’s pioneer real-time Earth imaging satellite, into Geostationary Transfer Orbit using GSLV-F10. The state-of-the-art satellite provides continuous monitoring of natural disasters, weather systems, and national borders.
- Odisha is actively pitching industrial park infrastructure, clean energy, and port-led logistics to Gulf-based sovereign funds to capture capital looking to hedge investments and diversify portfolios away from escalating geopolitical friction in West Asia.
- Active Japanese companies operating in India reached a record 1,463, while cumulative FDI reached $48.14 billion. Bilateral merchandise trade expanded to $27.48 billion, led by automotive, electronics, and semiconductor expansion.
- PM Narendra Modi highlighted that India's steady economic expansion builds global investor confidence and generates international market opportunities. He reaffirmed the government's commitment to structural reforms, digital infrastructure, and sustainable manufacturing growth.
- Maharashtra attracted over $300 billion in investment interest for data centres, currently controlling 66% of India's capacity. The state targets reaching 5.7 GW digital capacity by 2032 through expanded infrastructure.
Geopolitical Updates
- Putin said Russia sees chances for a Ukraine peace deal, citing a new diplomatic dynamic despite continued fighting and unresolved territorial and security issues.
- Iran war escalation raised fears of a worsening civilian death toll, while US strikes intensified and Tehran retaliated against American and allied military targets.
- India and Belgium agreed to strengthen trade, technology and defence cooperation, with discussions covering critical minerals, clean energy, semiconductors, investment and counterterrorism.
- India and Chile are working to bridge differences on market access and trade in critical minerals as negotiations advance toward a comprehensive economic partnership agreement.
- EAM S. Jaishankar met Ukrainian leadership in Kyiv, confirming India stands ready to support a peaceful resolution to end the conflict. He stated diplomacy and dialogue remain the sole viable mechanisms for resolution.
- India and New Zealand are finalizing terms for a landmark Free Trade Agreement expected to enter into force next month, significantly reducing tariffs across agricultural produce, dairy innovation, education services, and digital technology trade.
- PM Narendra Modi is scheduled to travel to Brussels in December for the official signing of the India-EU Free Trade Agreement, concluding years of negotiations on market access, tariffs, and cross-border mobility.
- India is expanding strategic bilateral uranium supply deals with partners from Australia to Uzbekistan. The global procurement push underpins national plans to scale nuclear generation capacity to 100 GW by 2047.
- Commerce Minister Piyush Goyal stated any future India-US trade arrangement depends on Washington offering fair, preferential terms. He reiterated India will protect domestic agricultural and industrial interests during ongoing high-level bilateral trade dialogues.
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.