India IPO
03 July, 2026
Recent IPO Updates
- Carlsberg India confidentially filed draft papers with SEBI for an IPO of its Indian arm, aiming to raise $700 million via a secondary share sale. The listing is expected later this year, while Carlsberg has already become the 2nd-largest beer producer in India.
- Swara Baby Products, a hygiene manufacturing subsidiary of FirstCry, filed its DRHP with SEBI on July 2, 2026, to raise ₹1,000 crore via IPO, mainly to fund the set-up expenditure of its project, debt reduction and funding for its wholly owned subsidiaries.
- Happy Steels Ltd., a manufacturer of defence applications and machine transmissions, is going to launch its ₹25 crore IPO on the NSE SME platform from July 9 to 13, 2026, mainly to purchase additional plant & machinery for its existing manufacturing unit.
- ShareChat is planning to launch a $400 million IPO next year, following a strategic turnaround. Its parent firm, Mohalla Tech, reported positive unit economics and turned operationally profitable during Q1.
- Retail chain Ratnadeep Retail has filed draft IPO papers with SEBI for a ₹400 crore fresh issue alongside an offer-for-sale by existing shareholders.
- Coca-Cola has reportedly appointed bankers for a potential $1 billion IPO of its Indian bottling business, Hindustan Coca-Cola Beverages, to unlock value through public markets.
- SBI Funds Management is preparing a $1.2 billion IPO in July, potentially becoming India's largest asset management listing amid renewed strength in primary markets.
P.E. & Funding Updates
- Adar Poonawalla's Rising Sun Holdings invested ₹700 crore in Inox Clean Energy, valuing the renewable firm at ₹70,000 crore, a 1% stake, as India emerges as a green fuel supplier.
- Yotta Data Services is negotiating with PE funds to raise ₹1 billion, targeting a $4 billion valuation ahead of a 2027 IPO listing on Indian bourses.
- Tech Mahindra acquired Brazilian IT company Alyis for ₹2.21 crore, expanding its Latin American presence following its earlier $125M US Allyis acquisition.
- Fintech M1Xchange ARM Mynd acquired C2FO India, expanding working capital solutions in the Indian market as digital finance adoption accelerates.
- German drone maker Quantum Systems raised $1.2 billion in funding, valuing it at $8 billion eight times higher than last year, marking Europe's biggest private defence tech investment.
- BatX Energies secured ₹105 crore in a Series A funding round led by IvyCap Ventures. The Gurugram-based critical mineral recycling enterprise plans to expand industrial refining capacities and strengthen domestic supply lines for high-grade lithium-ion battery materials.
- BCT Ventures launched its operational platform after raising ₹42 crore in seed capital spearheaded by 3one4 Capital. The digital firm deploys proprietary, closed-loop AI engines to engineer next-generation nutrition and wellness consumer brands.
- PlayBlue raised $2.7 million in fresh institutional capital to accelerate its strategic expansion into omnichannel retail spaces. The fast-growing sports retail brand is deploying physical storefronts to complement its massive, highly lucrative direct-to-consumer digital marketplace ecosystem.
- Tulon Materials raised ₹10 crore in a seed funding round to accelerate product development of high-performance speciality chemicals. The startup leverages the fresh capital to build advanced manufacturing infrastructure and commercialise next-generation deep-tech engineering materials.
- Ninjacart raised $6 million in a fresh financing tranche from Accel and Tiger Global, officially claiming EBITDA profitability. The agricultural supply chain firm is using this financial turnaround to begin structural preparations for its IPO over the next 2 years.
Business & Economic Updates
- Rajasthan is undergoing a massive transformation into India's premier digital hub, backed by an impressive ₹43,000 crore investment push. This shift establishes state-of-the-art AI-ready data centres, moving the state’s economic identity far beyond its traditional tourism heritage.
- India’s semiconductor sector is thriving as a ₹1.25 lakh crore chip bet expands beyond fabrication units into packaging and design. This domestic scaling enhances supply chain security, directly positioning three critical infrastructure stocks for multi-year growth.
- RBI cleared regulatory ambiguity by clarifying financial return filing procedures for entities operating within IFSC zones. The central bank's updated framework simplifies cross-border reporting compliance, drastically enhancing transparency and improving the overall ease of doing business.
- The Indian Government expects a historic ₹80,000 crore dividend haul from non-financial state-run firms during the fiscal year 2027. This record revenue collection reflects highly resilient operational efficiencies and enhanced corporate profitability across major public sector undertakings.
- India secured a critical economic respite as its active FTAs partially shielded domestic exporters from stringent new steel import quotas imposed by the UK and EU. This key market edge protects major trade volumes.
- Sanghvi Movers emerged as a powerful engine behind the national infrastructure boom, sustaining a solid 40% operating margin. The specialised heavy-lift enterprise holds an extensive enquiry pipeline nearing a robust ₹4,000 crore.
- NITI Aayog finalised a comprehensive global roadmap aimed at positioning Ayurveda as a scientifically validated, mainstream healthcare system worldwide. The strategic framework focuses on expanding international trade channels, enforcing strict quality certifications and standardising treatment guidelines.
- Indian multiplexes registered a spectacular 21% revenue growth in box office collections during H1 2026. Higher average ticket prices, premium screen expansions and a robust lineup of diverse cinema content drove this strong operational recovery.
- Indian PR industry reached a milestone valuation of ₹3,230 crore in fiscal year 2026, capturing a substantial 12.6% share of the Asia-Pacific market. This growth is propelled by rapid corporate digitisation and rising brand communication demands.
- Indian Railways extended the service timelines of eight special express trains to accommodate seasonal passenger spikes. The extended operations directly optimise transit routes, strengthening vital economic, corporate and regional connectivity across Karnataka, Andhra Pradesh and Tamil Nadu.
- SBI targeted an aggressive ₹1.20 lakh crore in fresh home loan originations for fiscal year 2027. The country's largest public lender is leveraging competitive interest structures and digitised processing to capture surging urban housing demand.
- Microsoft launched an ambitious $2.5 billion artificial intelligence (AI) venture tailored specifically to accelerate enterprise digital transformation. The capital deployment provides scalable infrastructure and specialised cloud tools, enabling global firms to integrate advanced AI workflows.
- Russian crude imports to India surged 39% year-on-year, touching a record 2.61 million barrels per day. This massive intake now constitutes 52% of the country's total June oil purchases, solidifying Moscow’s energy dominance.
- Tata Power plans to aggressively expand its clean energy footprint by deploying 10,000 public EV chargers across India by 2030. The infrastructure scaling addresses charging anxiety, supporting the nation's targeted shift toward sustainable e-mobility.
- Helicopter operations in India received a massive boost as the government approved its first satellite-based navigation procedure, PinS (Point in Space). This technology utilises GAGAN signals to allow safe all-weather low-altitude flights and medical evacuations.
- Skyroot Aerospace has opened the launch window for Vikram-1, India's first privately developed orbital rocket, marking a major milestone for the country's expanding private space sector.
- Coal gasification pilot hasn't started despite ₹6,233 crore incentives, delaying clean energy transition while India emerges as a reliable green fuel supplier, per Sarangi.
- Nine of ten (9/10) Nifty IT stocks continue trading below their 200-day moving average, highlighting persistent weakness despite the sector's sharp rebound in recent sessions.
- The Nifty IT index surged 4.64%, recording its biggest single-day gain in over a year as easing global concerns triggered broad-based buying in technology stocks.
- Gold and silver ETFs witnessed a strong revival in June, attracting around ₹8,000 crore as lower prices encouraged investors to increase allocations to precious metals.
- Hong Kong's assets under management reached a record ₹5.4 trillion on a 193% rise in inflows, driven by global wealth shifting to Asia's financial hub amid market volatility.
- AI company Anthropic and Samsung are negotiating to develop a custom AI chip, joining Tesla's $16.5B Samsung deal as the chip boom continues through 2033.
- State-run oil companies lost ₹74,781 crore in the April-June quarter selling fuel below market rates, only raising petrol and diesel by ₹8/litre despite a crude price spike.
- Adani Group and Abu Dhabi's International Resources Holding (IRH) will invest $11.5 billion in Odisha to develop an integrated aluminium value chain and industrial infrastructure.
- Amaravati hosted India's first IBM quantum system through STEM pool technology, marking a breakthrough in quantum computing infrastructure for the startup ecosystem.
- The US added 57,000 jobs in June, hitting a bumpy road after two months of smooth hiring, signalling labour market uncertainty post-pandemic recovery.
- IIFL Finance raised $300 million through dollar bonds, tapping international markets for capital expansion amid India's booming private credit sector and sustained growth trajectory.
- Bank of Baroda, Bank of India and PNB face a 350 bps credit-deposit growth gap, limiting lending capacity while the private credit market expands to meet corporate funding needs.
- Weekly TV rating suspension disrupted the ₹40,000 crore ad market, leaving broadcasters unable to price ad slots amid uncertainty, hitting revenue for India's largest media segment.
- Bihar state will debut in the municipal bond market, joining the growing trend of state financing as private credit expands and banks struggle with credit-deposit growth mismatches.
- ICRA downgraded Utkarsh Small Finance Bank's debt, signalling credit risk amid a private credit boom as banks face a 350 bps credit-deposit gap limiting traditional lending.
- Airlines rejected the ₹10,000 crore ATF SOP scheme as fuel prices dipped, saving costs without a subsidy while state oil companies lost ₹75k crore selling fuel below market rates.
- India accounted for 7.16% of global AI-led tech layoffs, ranking second after the US, with education, finance and food sectors witnessing the highest job cuts.
- Several Indian banks reported loan growth exceeding deposit growth in Q1FY27, reflecting sustained credit demand despite tighter liquidity conditions.
- Bank of Baroda agreed to pay $600 million to settle litigation linked to the collapse of NMC Health, resolving one of its largest cross-border legal disputes.
- Adani Enterprises launched a ₹10,000 crore QIP for expansion and debt retirement, raising $1.05 billion from institutional investors, airports-data-new energy, less than three months after a ₹25k crore rights issue.
- India faces a 40% rainfall deficit amid a 40% rainfall shortage, affecting agriculture, while petrol sales grew 7% and crude inventory hit a one-year high on imports.
- IRB Infrastructure Trust will acquire two operational BOT highway assets worth ₹4,605 crore, expanding its InvIT portfolio and generating additional operations and maintenance income.
- Tata Electronics overtook Foxconn by assembling $26.3 billion worth of iPhones for export under the PLI scheme, strengthening India's electronics manufacturing ecosystem.
- TVS Motor overtook Hero MotoCorp and Honda Motorcycle & Scooter India in June, becoming India's largest two-wheeler manufacturer by total sales volume.
- State-owned oil marketing companies' under-recoveries reached ₹2.19 lakh crore in Q1FY27, driven by elevated global fuel prices despite recent easing in crude oil prices.
- Indian banks expect strong FCNR(B) deposit inflows from the Gulf, Singapore and Hong Kong under the RBI's new scheme, boosting foreign currency funding.
- The Microsoft-Lightstorm consortium is building a 3,600-km India-Singapore-Malaysia undersea cable operational in Q4 2029 for AI cloud, landing at Machilipatnam-Chennai, connecting Hyderabad data hubs.
- RBI told the PAR panel that virtual digital assets like crypto threaten the emerging economy and shouldn't be legalised, citing terrorism financing, drug trafficking risks, and banking exposure concerns.
- SK Hynix announced a ₹64 billion investment for AI memory chip expansion, joining the global chip race as demand for high-performance computing grows exponentially.
Geopolitical Updates
- Modi-Takaichi summit concluded with India and Japan formally agreeing to upgrade their Comprehensive Economic Partnership Agreement (CEPA). This key diplomatic milestone strengthens regional supply chains, establishes joint AI initiatives and significantly bolsters bilateral economic security frameworks.
- Japan’s UNICORN Mast deal introduces an advanced integrated communication system to the Indian Navy. The cutting-edge co-development project houses antennas within a unified structure, slashing warship radar cross-sections by half to maximise maritime combat stealth.
- PMO to hold dedicated Japan Business Week, strengthening trade ties as India emerges as a green fuel supplier, Adani raises ₹10k cr, EU FTA legal scrub ends in 10 days.
- US government is pushing voluntary AI model norms to regulate artificial intelligence development without mandatory restrictions, balancing innovation with safety concerns.
- Russia's major Kyiv attack killed 21 people while Ukraine struck Moscow's energy facilities, escalating war tensions in the latest brutal round of cross-border military strikes.
- The EU-India FTA legal review concludes in 10 days per Goyal, with UK orders surging to reap tariff cut benefits as IT stocks recovered on the tech rally.
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.