India IPO
07 August, 2026
Recent IPO Updates
- Garuda Aerospace, a drone-tech startup, has received SEBI approval for its public listing, targeting an IPO of ₹750 crore fresh issue along with OFS. The company plans to utilize these funds for R&D, scaling manufacturing operations, and expanding its service network across India.
- Shiprocket fixed the price band at ₹92–97 per share for its IPO, valuing the company at around ₹7,056 crore for its ₹1,617.5 crore IPO, with the public issue opening for subscription on August 12.
- D2C dairy brand Milky Mist is going to launch its ₹1,553 crores IPO, on the BSE and The NSE platforms. IPO will open for subscription from August 11 to 13, 2026; listing will mainly help to leverage public markets to scale its processing infrastructure and strengthen its supply chain across southern Indian states
- India's next IPO wave is expected to be driven by specialised real estate platforms, including co-working, student housing, logistics parks and education infrastructure assets.
- Property Share Investment Trust has filed draft papers for a ₹484 crore IPO of its fourth small and medium REIT scheme, PropShare Lumina.
P.E. & Funding Updates
- Construction quick-commerce platform HomeRun raised $12 million in a Series A+ round led by Nexus Venture Partners. The startup will use these funds to expand its supply chain for essential building materials.
- Solinas Integrity raised $5.5 million in a Series A1 round co-led by Mela Ventures. The funding will help the company scale its robotics and AI-based pipeline inspection solutions for global infrastructure markets.
- Piper Serica has announced a ₹300 crore first close for its Bharat Tech Fund. The fund will focus on investing in early-stage Indian technology startups with high potential for domestic market disruption.
- Get My Parking is reportedly raising ₹40 crore from IvyCap Ventures at a flat valuation. The smart parking platform plans to utilize the capital to enhance its global software-as-a-service product offerings.
- Typsy Beauty raised ₹20 crore to venture into the skincare segment. The Indian cosmetics brand will use the fresh capital to broaden its product portfolio and expand its retail distribution network nationwide.
- Vingo, a C2C marketplace, secured ₹10 crore in funding from IndiaQuotient. The platform aims to enhance its tech infrastructure and expand operations to facilitate seamless second-hand goods trading among urban Indian consumers.
- Leap India secured ₹371 crore in a pre-IPO funding round led by a GIC arm. This capital injection strengthens its balance sheet as the pallet pooling leader prepares for a potential stock market debut.
- Private equity firms are increasingly shifting towards founder-led and AI-driven companies, with buyouts focusing on high-margin software, IT and AI infrastructure businesses.
- IndiaRF, backed by Piramal Finance and Bain Capital, acquired a majority stake in Fine Edge Engineering for around ₹2,000 crore.
- BlissClub raised ₹160 crore in a funding round led by Singularity AMC to expand offline retail, strengthen product development and scale operations.
- M2P Fintech secured ₹100 crore in venture debt from Alteria Capital to expand AI infrastructure, lending and core banking operations.
- KKR has completed the acquisition of Medicover India's hospital business for approximately ₹13,874 crore (€1.2 billion), marking its largest healthcare investment in India since re-entering the market.
Business & Economic Updates
- Indel Money’s subsidiary received RBI approval to provide trade remittance services. This authorization allows the firm to facilitate cross-border payments for businesses, streamlining international trade settlements for MSMEs across the country.
- India achieved 1.05% Compressed Biogas (CBG) blending in FY26, surpassing the government's 1% target. This milestone reflects increased investment in biofuel infrastructure to reduce dependency on imported fossil fuels for transportation.
- India’s AIF industry now sees commitments topping ₹16.94 lakh crore. The launch of the nation's first AIF comparison platform aims to provide investors with greater transparency regarding fund performance and fee structures.
- Emami Agrotech is entering the packaged snacking market with a planned investment of ₹750 crore. The company aims to capture a larger share of the fast-growing organized food sector in India.
- Indian Bank approved ₹500 crore in MSME loans during a recent credit outreach programme. This initiative is designed to boost liquidity for small businesses and support their recovery and growth efforts nationwide.
- Standard Chartered has received regulatory clearance to launch wealth management services from GIFT City. This move allows the bank to tap into growing offshore investment demand from high-net-worth individuals in India.
- Indian Railways is evaluating a new station cleaning contract system, seeking input from 18 zones. The initiative aims to enhance hygiene standards by outsourcing maintenance through more efficient, performance-based service level agreements.
- Nandan Nilekani emphasized that India must prioritize leadership in applied AI to drive economic growth. He urged stakeholders to integrate AI solutions across sectors to boost productivity and solve complex societal challenges.
- India surpassed the 300-GW non-fossil capacity mark, adding 30.58 GW of renewable energy in six months. This rapid expansion underscores the country's commitment to meeting its ambitious net-zero carbon emission targets.
- Economist Abhijit Lahiri highlighted that sustained investment and higher domestic savings are critical for India’s Viksit Bharat 2047 journey. These factors are essential to maintaining robust GDP growth and infrastructure development.
- The Cabinet approved an ₹8,970 crore Guwahati-Tezpur access-controlled corridor project in Assam. This strategic infrastructure development is expected to reduce travel time by half, significantly boosting regional connectivity and economic logistics efficiency.
- A parliamentary panel recommended tariff exemptions for smartphones and pharmaceuticals in the proposed India-US trade pact. This strategy seeks to boost Indian exports while securing essential technology and medical supplies from America.
- Google's proposed $15 billion data centre in Andhra Pradesh is facing legal and environmental opposition over concerns related to water availability, wildlife conservation and ecological impact.
- The government plans to continue customs tariff rationalisation, with most import duties expected to be reduced to single-digit levels by the FY28 Budget to improve competitiveness.
- A Parliamentary panel has recommended a comprehensive fertiliser supply contingency framework to protect India from disruptions similar to those witnessed during the recent West Asia crisis.
- India successfully conducted a user trial of the Agni-IV intermediate-range ballistic missile, validating its operational readiness and reinforcing the country's strategic defence capabilities.
- The RBI has proposed banning NBFCs from offering revolving credit products such as credit lines, restricting them to fixed-term loans except for authorised credit card issuers.
- Only about 4% of UPI merchant transactions are expected to attract Merchant Discount Rate (MDR) if the proposed payment law amendments are implemented, as most transactions remain below the proposed threshold.
- Nasscom has called for stronger investment in hardware capabilities, deeptech infrastructure and venture funding to help India build a globally competitive deeptech ecosystem.
- The Sensex and Nifty continued to show pricing divergence for a fourth straight session due to differences in closing auction mechanisms, while gold prices climbed to a seven-week high.
- SEBI plans major FY27 reforms, including revamping the Securities Lending and Borrowing (SLB) framework, launching a single-window clearance system and expanding technology-driven compliance initiatives.
- India's defence sector added nearly ₹2.5 lakh crore in market capitalisation during the first quarter, supported by strong order books, higher defence spending and sustained investor interest.
- SEBI has proposed allowing REITs and InvITs to invest in select third-party under-construction projects and easing several regulatory norms to improve operational flexibility.
- SEBI identified ₹87,124 crore of difficult-to-recover dues in FY26, up 12% from the previous year, while recovering ₹341 crore through recovery proceedings.
- Dominant UPI platforms PhonePe and Paytm are expected to benefit the most if Merchant Discount Rate (MDR) is reintroduced, while smaller payment apps may need to expand their merchant base to capture a meaningful share of digital payment fees.
- The share of petrol-powered passenger vehicles fell to a record 41.68% in July, as buyers increasingly shifted towards CNG and electric vehicles amid the E20 fuel rollout.
- The RBI's dovish policy stance is expected to revive corporate bond issuances, with REC planning a ₹7,000 crore bond issue and NABARD preparing to return to the debt market next week.
- The RBI's four-day Variable Rate Reverse Repo (VRRR) auction attracted bids worth ₹1.3 trillion, helping absorb excess banking system liquidity and keep overnight rates aligned with the policy rate.
- India's small-business procurement market is projected to reach ₹125 trillion, creating significant growth opportunities for digital procurement platforms as MSMEs accelerate online sourcing.
- India proposed creating a BRICS Startup Innovation Fund and BRICS Incubator Network to strengthen technology collaboration and support startups across member countries.
- NITI Aayog Vice Chairman Ashok Lahiri said India can increase its per capita income more than six-fold by 2047 through sustained investment and structural reforms.
- The Union Cabinet approved a ₹23,731 crore scheme to accelerate compressed biogas production, reduce fossil fuel imports and strengthen India's clean energy transition.
- Nazara Technologies will raise ₹733.5 crore through a preferential share issue to fund its acquisition of Bluetile Games and BestPlay Systems.
- The RBI relaxed proposed recovery norms for device loans, requiring lenders to restore access to financed devices within one hour of receiving dues while capping borrower compensation at the loan amount.
- Banks have moderated expectations of further RBI rate hikes, with several lenders now expecting a prolonged pause in the current rate cycle.
- Renewable energy developers have sought a ₹3,000 crore relief package from the government to offset financial stress caused by transmission delays and renewable power curtailment.
- India is planning measures to create a protected operating environment for domestic satellite communication companies, requiring global satellite operators to coordinate with local players to avoid interference.
- Indian business executives are facing tighter visa approvals for China, disrupting travel for manufacturing, capital goods and technology sectors.
- Foreign portfolio investors and global trading firms urged SEBI and the government to rationalise Securities Transaction Tax (STT) and capital gains tax, citing a double tax burden.
- The government proposed a comprehensive overhaul of the Drugs and Cosmetics Act, 1940, introducing a modern regulatory framework for drugs, medical devices and cosmetics.
- The share of directors below 40 years of age in NSE-listed companies has risen significantly over the past decade, reflecting a gradual generational shift in corporate boardrooms.
- ReNew is exploring the sale of its Uttarakhand hydropower business for around ₹1,000 crore as part of its asset recycling strategy.
- Emami Group will invest around ₹400 crore to establish a food park in West Bengal, expanding its packaged foods business.
- India's automobile retail sales rose 26% year-on-year in July, reaching a record 2.59 million units, driven by strong rural demand and festive buying.
Geopolitical Updates
- India and South Africa are discussing an early trade pact under the SACU framework. The agreement aims to reduce tariffs and boost bilateral trade in minerals, automobiles, and agricultural commodities between nations.
- India has categorically ruled out concessions to the US regarding ethanol imports for fuel blending. The government maintains that domestic production capacity is sufficient to meet national blending mandates without external reliance.
- BRICS nations adopted a collective solar energy action plan at a recent Jaipur meeting. The initiative focuses on knowledge sharing, joint R&D, and supply chain collaboration to accelerate global renewable energy transitions.
- President-elect Trump plans to impose 15% tariffs on solar products, raising concerns for Indian exporters. Analysts suggest this could pressure Indian manufacturers to diversify markets beyond the US to avoid margin erosion.
- The US has empowered USCIS to reject visa and green card filings without granting a second chance for corrections. This strict policy change necessitates greater accuracy for applicants navigating American immigration processes.
- India will operate two Venezuelan oil blocks, gaining strategic access to the world’s largest crude reserves. This partnership secures long-term energy supplies and strengthens India's geopolitical influence in Latin American markets.
- France submitted its final technical and commercial proposal for India's planned acquisition of 114 Rafale fighter jets, advancing negotiations for the ₹3.25 lakh crore deal.
- Donald Trump rejected reports of US ammunition shortages, while crude oil markets continued to monitor developments around the Strait of Hormuz.
- Prime Minister Narendra Modi and Israeli Prime Minister Benjamin Netanyahu discussed the West Asia situation over a phone call and reaffirmed their commitment to strengthening bilateral cooperation.
- Iran has warned Gulf nations that any US strike on its infrastructure could trigger retaliation against regional energy assets, while uncertainty continues over proposals related to the Strait of Hormuz.
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.