India IPO
12 August, 2026
Recent IPO Updates
- Tribeca Ventures plans a ₹2,000–3,000 crore IPO by 2028, targeting institutional pre-IPO investors and developing 14 million sq ft across 13 projects worth ₹16,000 crore.
- Muthoot Fincorp appointed Kotak Mahindra Capital, Morgan Stanley India, JM Financial and SBI Capital Markets as lead managers for its proposed ₹3,000-crore IPO issue ahead.
- Lalithaa Jewellery Mart fixed its ₹1,700-crore IPO price band at ₹190-201 per share, comprising a ₹1,200-crore fresh issue and an OFS of ₹500 crore issue.
- LEAP India’s ₹2,480-crore IPO was subscribed 8.38 times, with QIBs leading at 16.84 times, NIIs at 12.64 times and retail investors at 1.71 times overall.
- SBI Capital Markets will sell 8.78 million NSE shares via an OFS, shifting from parent SBI, keeping total group sales at 24.75 million shares. Regulatory rules now restrict SBICAPS solely to marketing the IPO.
- Humanoid robot maker Unitree raised $904 million in its Shanghai STAR Market IPO, valuing the firm at $9.05 billion. Retail investors submitted 9.8 million orders, oversubscribing their allotted portion by 5,526 times.
- Bain Capital-backed Dhoot Transmission’s ₹2,680 crore ($321 million) IPO is subscribed 3.99 times as of August 11, its second day. The retail portion saw 3.04 times interest, while NII bid 10.87 times.
- Technocraft Ventures’ IPO saw strong investor interest, recording 38.69 times subscription demand by its final day. The issue reflects continued retail and institutional appetite for diversified manufacturing and engineering sector offerings.
- Shiprocket secured ₹727.4 crore from anchor investors on August 11, allotting 7.5 crore shares at ₹97 per share. The IPO, opening August 12, is sized at ₹1,617.48 crore.
- Table Space Technologies filed its DRHP with SEBI on August 10 for an IPO comprising a ₹800 crore fresh issue and an OFS of up to 6.55 crore shares by existing shareholders.
P.E. & Funding Updates
- IBM and Together AI signed a $240 million agreement to build an AI cluster using Nvidia systems, supporting open-source AI inference and large-scale computing demand.
- Venture firm Accel raised $550 million for its 9th India fund targeting early-stage AI, fintech and manufacturing startups. The firm has now raised $1.2 billion for India over the past 18 months.
- Ayati Devices raised ₹15 crore in a Pre-Series A round led by Inflexor Ventures to scale its portfolio of portable, AI-enabled diagnostic platforms for diabetic foot and peripheral vascular diseases.
Business & Economic Updates
- NASA has invited ISRO to join its "Moon Base" programme, aimed at establishing a permanent human settlement on the lunar surface, building upon the two nations' existing Artemis Accords partnership.
- SBI Research projects India’s Q1 real GDP growth at 8%, outpacing the RBI forecast of 7%. Accelerated momentum in 86% of 50 tracked high-frequency indicators across consumption and industry drives this estimate.
- The government has constituted an Empowered Committee of Secretaries (ECS) to expedite approvals and resolve inter-ministerial bottlenecks in the oil and gas upstream sector, aiming to boost domestic exploration and production output.
- Tata Sons Chairman N. Chandrasekaran is considering stepping down ahead of the August 18 AGM due to internal board gridlock. His tenure, though valid until 2027, faces uncertainty amid conflicting trustee views.
- Indian retail investor losses in F&O dropped 18% to ₹91,685 crore in FY26 as regulatory curbs reduced participation by 20%. Despite lower aggregate losses, the average loss per trader rose to ₹1,16,654.
- SEBI has proposed a framework to bring all bullion spot trades under mandatory vault management rules. This move aims to standardise storage quality and increase transparency in the physical gold trading market.
- Bernstein analysts suggest India’s index-options trading faces a near-term drag due to SEBI’s new stock closing and expiry regulations, which limit weekly derivative products to one benchmark index per exchange.
- Large-cap mutual fund schemes recorded net outflows in July for the first time since December 2023, dragging total equity inflows down 14.8% month-on-month to ₹24,685 crore despite overall industry AUM hitting ₹85.5 lakh crore.
- India’s peak power demand surged 12% to a record 270.8 GW in May amid El Niño conditions. However, evening power shortfalls reached 3,045 MW in June due to local transmission and distribution constraints.
- A parliamentary panel flagged that NITI Aayog utilised only 25% of its allocated FY26 budget for the Atal Innovation Mission. The agency attributed the spending delay to mandatory fresh due diligence of program beneficiaries.
- State-run Coal India is evaluating the acquisition of Kuska Minerals, a Chilean unit of Canada’s Wealth Minerals. The potential deal targets critical lithium extraction assets to support electric vehicle battery manufacturing supply chains.
- Krystal Integrated Services secured two Maharashtra government contracts for sewage and sewer networks in Pune and Nagpur, worth ₹740.06 crore total; the company’s 40% share in the consortium is valued at ₹296.03 crore.
- BSE’s upcoming inclusion in the Nifty 50 index on September 30 is projected to trigger roughly $741 million (~₹7,000 crore) in passive fund inflows, replacing Wipro in the benchmark index.
- India’s imports from China surged 28% to $38.04 billion in Q1 FY27, driven by high demand for engineering goods, textiles and toys, up from $29.73 billion in the same period last year.
- India’s crude oil imports from the US are trending toward historic lows in August 2026 as refiners prioritize cheaper regional supplies from Russia (40% share) and the UAE to mitigate West Asian geopolitical risks.
- The Lok Sabha passed nine bills in just 52 minutes on August 10, with an average consideration time of less than six minutes per bill, drawing sharp criticism from the opposition regarding legislative scrutiny
- India’s crude oil import bill climbed 26% YoY to $49 billion in Q1 FY27 despite an 18% drop in volumes, as geopolitical tensions and West Asian supply disruptions pushed global prices higher.
- The government is considering referring the Foreign Contribution Regulation Amendment Bill 2026 to a joint parliamentary committee for detailed examination following opposition demands to withdraw the legislation aimed at tightening NGO foreign funding oversight.
- Direct tax collections rose 23.09% to ₹8.11 trillion through August 10, with corporate tax up 19.83%, non-corporate tax up 23.43% and STT up 51.31%.
- The government approved ₹10 and ₹20 polymer banknotes for field trials, with the RBI recommending their introduction to improve durability and assess regular circulation.
- Equity mutual fund inflows fell 15% month-on-month to ₹24,697 crore in July, despite record 39% growth in smallcap inflows to ₹7,768 crore.
- SEBI proposes wider FPI access to non-agricultural commodity derivatives, including non-cash-settled contracts, aiming to broaden participation, improve liquidity, strengthen price discovery and deepen market integration.
- Tractor registrations rose 24.77% year-on-year to 386,648 units in April-July FY27, as stronger kharif sowing, rural recovery and government support boosted demand despite monsoon concerns.
- India’s virtual digital asset framework faces regulatory gaps as the US crypto bill advances, highlighting needs for investor protection, AML rules, licensing, taxation and oversight.
- Auto PLI payouts are expected to double to ₹4,700 crore in FY27, while the government extends PM E-DRIVE incentives for electric two-wheelers through March 2028.
- State Bank of India raised $500 million through a five-year dollar bond at a 5.25% coupon after attracting over $2 billion in investor demand.
- Microfinance asset-quality stress eased further in June, with portfolio at risk declining to 2.3% from 2.6% previously, while loan originations remained seasonally lower.
- India’s semiconductor industry may receive 30% capital subsidy and five-year PLI support under ISM 2.0, encouraging domestic materials, equipment manufacturing and semiconductor ecosystem development.
- Experts say India’s physical AI ambitions are advancing faster than regulatory frameworks, highlighting the need for dedicated laws covering liability, safety, data protection and accountability.
- Appliance brands are introducing channel-specific models, features and warranties, with e-commerce contributing 45% of microwave, 40% TV, 22% washing machine, 18% AC sales respectively across channels.
- CDSCO will require full regulatory evaluation for globally unapproved drugs seeking Indian market entry, even when Indian subjects participated in global trials conducted abroad.
- Prominent investors generated 9.7%-39.9% portfolio returns during April-June, outperforming Nifty’s 6.9% and Nifty 50’s 12%, as select stocks delivered strong gains overall in the quarter.
- Shares worth around $7.6 billion from at least 45 recently listed companies could become eligible for trading as post-IPO lock-in periods expire over two months.
- Gentari, Petronas’ green mobility unit, is being put on the block after an unsuccessful divestment attempt; sale talks have begun, with ₹24 crore authorised share capital.
- Defence firms will showcase indigenous unmanned systems at Pokhran in September, including long-range drones, loitering munitions and cargo UAVs; swarm systems may exceed 300 km range.
- Fitch retained India’s BBB- sovereign rating with a stable outlook, forecasting FY27 growth at 6.4% versus 2% for peers; government debt remains high at 84.4% of GDP.
- India has covered 2.73 lakh hectares under oil palm against the five-year target of 6.5 lakh hectares, achieving 42%; Andhra added 97,871 hectares and Telangana 98,112.
- Textile and apparel exports grew at a 4.5% CAGR between FY20 and FY26, reaching ₹3.3 lakh crore; tobacco exports rose 53.1% in quantity and 166.51% in value.
- Wilful defaulters owed PSBs ₹2,85,015 crore as of June 30, 2026, across 15,930 accounts; banks also transferred ₹30,545 crore of unclaimed deposits to awareness funds.
- Draft FEMA rules may classify AIFs with majority foreign investors as foreign-controlled entities, potentially triggering FDI rules; foreign contribution is estimated at 40%, with many AIFs exceeding 50%.
- India’s IT-BPM industry expects FY27 net workforce additions below 70,000, over 26% lower than FY26; AI-native roles are rising, while hiring remains cautious amid uncertainty.
Geopolitical Updates
- RBI Governor Sanjay Malhotra stated BRICS member nations are exploring options to link central bank digital currencies and fast payment systems like UPI. The initiative aims to accelerate cross-border trade and lower transaction fees.
- India-China rice trade has effectively halted following Beijing’s revocation of registration for seven major Indian rice exporters, citing stringent "GMO" (Genetically Modified Organism) quality concerns and regulatory non-compliance.
- A rare joint foreign exchange intervention by the US and Japan, spending $87 billion to support the yen, is easing global yield pressures. The move stabilises Treasury markets, potentially spurring inflows into Indian bonds.
- US Trade Adviser Peter Navarro stated that President Trump and PM Modi will resolve the Russian oil tariff dispute directly. This follows US Senate legislation allowing tariffs of up to 100% on Russian energy importers.
- US authorities are tightening H-1B visa scrutiny, increasing compliance costs for Indian IT firms. The stricter oversight aims to curb wage undercutting and ensure stricter adherence to prevailing US labour market standards.
- A Houthi missile attack on a commercial vessel near Yemen’s Red Sea coast killed four people, highlighting renewed shipping risks around the strategic Bab-el-Mandeb route.
- India said border affairs reflect bilateral ties and dismissed China’s criticism over 27 Arunachal Pradesh place names, while reviewing Bangladesh’s Hasina extradition request under established processes.
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.