India IPO
18 June, 2026
Recent IPO Updates
- NSE has filed its DRHP with SEBI for a ₹30,000 crore, 14.89 crore-share OFS IPO, nearly 6% of paid-up capital, making it potentially India’s largest listing.
- Waterways Leisure Tourism set its IPO price band at ₹769–₹808 per share for a ₹585 crore fresh-issue IPO opening June 23 and closing June 25, with listing on July 1.
- Temasek-backed Manipal Hospitals is planning a $1 billion India IPO in July, targeting around a $10 billion valuation, with a fresh issue plus OFS component.
- CSM Technologies, an Odisha-based GovTech and IT solutions provider, will launch its ₹145.78 crore IPO on June 24, with allotment on June 30 and listing on July 2.
- Peak XV and Nexus are set to make about 7–9x returns from the Turtlemint IPO share sale, reflecting a strong exit on an early insurtech investment.
- Jivial Industries IPO has a fixed issue price of 0.16 crore shares (0.14 crore fresh issue + 0.03 crore offer-for-sale), opens on June 23 and closes on June 25, with allotment on June 29 and BSE SME listing on July 1, 2026.
P.E. & Funding Updates
- Data centre powerhouse CtrlS successfully closed a ₹7,000 crore equity and debt funding round, elevating its private market valuation to $4.8 billion.
- Vetic raised $40 million to scale pet clinics, home vet care and insurance, expanding its integrated pet healthcare platform across India.
- JBM Ecolife secured ₹900 crore from Motilal Oswal’s fund to expand its electric-bus business, adding capital for growth in clean mobility operations.
- Pramaana Labs raised $27 million in seed funding led by Khosla Ventures to build verifiable AI for regulated fields like tax, healthcare, cybersecurity and finance.
- Creator platform Influish raised an undisclosed pre-seed round at a ₹25 crore valuation, backed by angels, to expand AI tools, brand deals, and monetisation for Indian creators.
- CCIENCE-led haircare brand Xtovia raised ₹69 crore from V3 Ventures and others to scale operations, expand product lines, and strengthen its presence in India's premium haircare market.
Business & Economic Updates
- India’s remittance inflows remain strong despite tensions in West Asia. Precautionary transfers by overseas workers boosted inflows, while FCNR deposits could provide additional support.
- Electric two-wheeler makers may raise prices as the PM E-Drive subsidy scheme approaches its target. Remaining subsidy benefits are expected to be phased out.
- DS Group is raising its hospitality investment to ₹1,500 crore, targeting 10–12 hotels by FY29, including a ₹400 crore W Hotels project in Delhi Aerocity opening in 2027.
- India's defence production hit ₹1.78 lakh crore in FY26, up 15%; private-sector share rose to 24% (₹42,000 crore), with exports at a record ₹38,424 crore.
- Electronics exports have surged to third place and are closing in on petroleum for the number-two spot, powered mainly by smartphone and iPhone shipments.
- Bengaluru ranks 15th globally in the Startup Ecosystem Report 2026 with a $152.8 billion valuation; it's third in Asia and second in AI nativity.
- Energy costs may fall as oil prices near $70 per barrel, easing pressure on fuel and electricity; a Hormuz deal has already pushed crude below $80.
- India's non-fossil power capacity will exceed 300 GW by September, from 291.5 GW now, supporting green hydrogen and the 500 GW clean-energy target for 2030.
- The US has not extended the sanctions waiver on Russian seaborne oil after it expired at midnight on June 17, but officials haven't said whether sanctions will be reimposed.
- India is finalising a ₹12,000 crore incentive scheme to boost domestic battery-parts manufacturing, cutting import dependence on cathode, anode, electrolysers and copper foil.
- Semiconductor leader Nvidia is marketing low-cost AI enterprise infrastructure in India, hoping to dominate graphics processing unit (GPU) supply ecosystems at accessible costs.
- RBI temporarily removed caps on select NRI deposits until September 30, letting banks offer higher rates on NRE and FCNR(B) deposits to attract foreign inflows.
- Embassy Office Parks REIT finalised a landmark ₹1,250 crore commercial leasing contract with a Global Capability Centre (GCC), expanding its high-yield premium portfolio space.
- HDFC Bank raised $750 million through an overseas bond issue, attracting strong investor demand. The proceeds will support lending growth and international operations.
- US stocks fell as the Fed held rates steady but signalled possible hikes later this year, pushing traders to price in tighter policy and pressuring Wall Street.
- Indian companies have improved working capital efficiency to a 3-year high despite global uncertainties. Stronger cash management and disciplined operations have supported financial resilience.
- Certificate of Deposit (CD) rates have dropped sharply as banking system liquidity improves. Strong inflows and easing funding pressures are expected to keep borrowing costs lower.
- The government has approved ₹22 crore in support for 9 startups under the National Green Hydrogen Mission, aiming to accelerate innovation and clean energy adoption.
- India’s rapid GenAI adoption is facing a major talent shortage, with an 83% skill gap. Demand for AI, MLOps and NLP professionals continues to outpace supply.
- India curtailed renewable electricity worth nearly ₹629 crore in FY26 as solar and wind capacity expanded faster than grid flexibility. Storage investments remain critical.
- Databricks views India as a strategic market for developing regional AI models. The company is expanding partnerships, infrastructure investments and hiring to support AI growth.
- The RBI has allowed banks to lend directly to REITs, improving access to long-term capital. The move is expected to lower borrowing costs and support sector growth.
- Tech giants are cutting infrastructure expenses to lower AI model costs by 20–40%, driving affordable enterprise software adoption across India’s growing digital markets.
- India's underground strategic petroleum storage installations maintain a localised crude inventory window capable of covering 9 to 10 days of total national disruptions.
- The Reserve Bank of India injected short-term cash liquidity worth ₹72,300 crore into commercial channels to stabilise spiking overnight interbank lending rates.
- Crude oil falling beneath key baseline barriers has significantly boosted marketing margins for state-owned Oil Marketing Companies (OMCs), reversing prior margin losses.
- Foreign Portfolio Investors (FPIs) expanded their short-term structural exposure by adding aggressive derivative open interest volumes into benchmark BSE Sensex options contracts overnight.
- Gateway terminal operator Air India SATS committed a ₹600 crore capital expenditure (capex) roadmap to aggressively expand its specialised logistical cargo handling networks.
- Following a legal resolution in the US, Adani Green Energy is negotiating a $1 billion offshore loan consortium to finance upcoming greenfield projects.
- Indian stock market rally added billions in equity wealth, helping the total market capitalisation of all BSE-listed entities cross $5 trillion again.
- Reliance Jio plans to deploy a 1,600–1,650 satellite LEO constellation at around 650 km altitude over 2–3 years to provide broadband and direct-to-device connectivity across India.
- India's food inflation is rising and likely to worsen as a weak monsoon, forecast at 90-92% of average, threatens crops, pushing food prices and inflation above 5%.
- West Asia tensions eased after a US-Iran deal reopened the Strait of Hormuz, but FMCG price cuts won't come soon; consumers may see relief by September-October if input costs stay stable.
Geopolitical Updates
- India and the US are reportedly close to finalising a trade deal. During discussions, Prime Minister Modi also emphasised safeguarding Indian seafarers amid regional tensions.
- India and Russia are jointly developing smaller and hypersonic BrahMos missile variants to boost the Indian Armed Forces' multi-domain strike capabilities, per Russian Ambassador Denis Alipov.
- The UAE is bypassing the volatile Strait of Hormuz, shifting maritime shipping volumes toward direct coastal oil pipeline terminal routes in the Arabian Sea.
- President Vladimir Putin hosted the first Southeast Asia summit since the Ukraine invasion, leveraging localised alternative banking systems to sustain trade outside Western-dominated transaction networks.
- Europe has emerged as India’s largest arms supplier, overtaking Asian nations. The trend highlights India’s growing defence ties with key European countries in recent years.
- The EU and India concluded FTA negotiations in January 2026 and the deal is expected to be signed by year-end, entering force around late 2026 or early 2027 after ratification.
- The India-UK Comprehensive Economic and Trade Agreement (CETA) will take effect on July 15, 2026, giving 99% of Indian exports duty-free access to the UK and reducing tariffs on cars and whisky.
- G7 leaders welcomed progress toward peace in the Middle East, while Donald Trump warned Iran of renewed military action if tensions escalate again.
- US President Donald Trump suggested that Israeli Prime Minister Benjamin Netanyahu adopt a more restrained approach in Lebanon, emphasising diplomacy while addressing regional security concerns.
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.