INDIA IPO
18 June, 2026
Recent IPO Updates
- Carlsberg plans to file for a $700 million Indian IPO this month, seeking to capitalise on strong domestic market demand and to expand its brewery operations across the country.
- Zepto filed an updated DRHP for a $1 billion IPO, comprising a fresh issue plus OFS and aims for a July listing, becoming India's first pure-play quick-commerce company to list.
- Klassroom secured an in-principle regulatory approval to launch its IPO, comprising a fresh issue of up to 19.89 lakh equity shares and an OFS of up to 4.66 lakh equity shares, allowing the fast-growing edtech platform to expand market reach.
P.E. & Funding Updates
- Sachin Bansal’s fintech Navi Technologies is in talks to raise $250–300 million at a $2 billion valuation, marking its first major external fundraise since 2018.
- India Quotient general partner Gagan Goyal, who joined in 2017 and became a GP in 2021, is stepping down and may start a new venture or advise startups, part of a wider VC churn trend.
- Intel spinout Articul8 is raising to $50 million for an India-focused AI venture building heritage and language models, including Sanskrit-based AI, to expand its GenAI platform in India.
- Mirae Asset Venture Investments CEO Ashish Dave is launching a new India-focused growth-stage fund of ₹700–1,000 crore to back mid-to-late-stage tech, fintech and consumer startups, building on his $200 million in prior investments.
- Kiran Mazumdar-Shaw's biotech startup Immuneel Therapeutics raised over ₹100 crore in Series B funding from Singularity AMC, Rainmatter by Zerodha, HNIs, plus existing backers, to scale CAR-T manufacturing and expand globally.
- GPS Renewables secured ₹635 Cr in a fresh funding round, which will be entirely deployed to scale up and expand its commercial compressed biogas project pipeline.
Business & Economic Updates
- The government may raise the credit guarantee for collateral-free education loans from ₹7.5 lakh to ₹10 lakh, expanding access for students under the PM Vidyalaxmi scheme.
- Solar module makers warn of a cell shortage after June 1 domestic sourcing rules kicked in, citing India's 225 GW module capacity versus only 30 GW cell capacity, but cell makers say 22–25 GW demand in 2026 can be met.
- RBI's new FCNR-B scheme requires a one-year lock-in for deposits and mandates banks to take non-cancellable swaps at par, shielding NRIs from forex risk while boosting dollar inflows.
- RBI launched a dollar-rupee swap facility at 1.5% per annum for 3–5 year FCNR-B deposits and eligible PSU borrowings, cutting hedging costs from 3.5–4% to boost dollar inflows.
- RBI has excluded bank swap deals linked to foreign currency deposits and borrowings from unhedged FX exposure norms, easing funding and reducing volatility pressure.
- India reclaimed the sixth-largest market-cap spot at $4.84 trillion after South Korea's $5 trillion valuation dropped nearly 10% over a week, with Samsung and SK Hynix falling 18–19%.
- SEBI is reviewing broker net-worth rules to better align them with risk exposure, proposing variable capital requirements tied to client balances, the number of active clients and operational size.
- The Finance Ministry asked bullion banks to share all details on gold metal loans and loans against gold since 2023 by Monday, sparking speculation of new gold measures.
- India posted a surprise $7.1 billion (0.7% of GDP) current account surplus in Q4 FY26, driven by a 31% jump in remittances to $43.5 billion and strong services exports.
- Banks will likely raise FCNR-B deposit rates by up to 200 basis points to attract diaspora inflows after the RBI bears hedging costs and exempts reserve requirements.
- Investors are favouring mid and small caps, with Nifty Midcap 100 hitting a record and up 3.2% in May, while Nifty and Sensex fell 2% and 2.8% amid large-cap selling.
- TCS has launched a Global Value & Innovation Centres unit to help companies build AI-native GCCs and upgrade existing ones into higher-value innovation hubs.
- Private Indian companies seeking to build nuclear reactors need clear norms for N-licence technology transfer under India’s new nuclear law; US firm Holtec received March 2025 approval to transfer SMR tech to Tata and L&T, showing how private firms can enter the sector.
- US ingredients giant Ingredion agreed to buy the UK’s Tate & Lyle for £2.7 billion ($3.6 billion), offering 595 pence per share plus up to 20 pence dividends, ending Tate & Lyle’s ~87-year London Stock Exchange listing.
- After generic semaglutide launches expanded India’s GLP-1 anti-obesity market nearly fourfold to ₹1,906 crore by May 2026, growth is moderating: value growth slowed to 8% in May, unit growth to 12%, signalling patient onboarding is peaking and shifting to retention.
- GCCs are intensifying AI talent wars in India, with 60% of hiring now cross-GCC and attrition at 15–20%, as they shift from cost to capability and drive 1 in 4 new tech jobs, especially in GenAI and engineering R&D.
- Indian markets fell about 1% as renewed Israel-Iran fighting lifted crude and global investors cut risk, with Nifty near 23,000 support and volatility rising.
- India approved up to ₹13,000 crore for a dual-use greenfield airport at Campbell Bay on Great Nicobar Island, jointly funded by the Defence and Civil Aviation ministries, to be completed in five years and operated under Indian Navy control.
- SIPRI estimates India deployed 12 nuclear warheads with operational forces in 2025 - possibly on an SSBN for deterrence patrols - marking a shift from its prior practice of storing warheads separately from launchers; India’s total stockpile is ~190 warheads.
- IRCTC has resumed onboard cooking using induction stoves as LPG shortages hit train catering, helping keep meal service running across many routes.
- The ECB (European Central Bank) may raise rates this week for the first time since 2023, as it tries to fight inflation despite weaker growth.
- Haleon, maker of Sensodyne, plans to invest ₹2,000 Cr into developing oral healthcare facilities across India, substantially strengthening its manufacturing capacities, research pipelines and retail presence.
- Indian firms experienced a cool-down in deals and funding activities during May, contrasting sharply with the massive funding spike witnessed across sectors in April.
- The Indian Government introduced a strict two-year local remedy window framework within its newly proposed bilateral investment treaty model to streamline sovereign legal disputes.
- The Indian Government announced plans to offload up to a 3% equity stake in NLC India via an offer for sale to hit divestment targets.
- The automobile sector witnessed car retail sales surging by 23% in May, supported by strong rural demand, fresh vehicle launches and clearing dealer inventories.
- Indian Stock Indices slipped to a fresh two-month low as investors lost ₹6.31 lakh Cr in market wealth due to sudden global risk aversion.
- Indian Bonds witnessed a massive surge as inflows into index-eligible debt instruments reached a notable 1-year high following global market tracking adjustments.
- SEBI and RBI are jointly developing a comprehensive regulatory framework for corporate bond derivatives to deepen domestic liquidity and manage corporate risk exposure.
- The pharma sector in India is projected to grow rapidly, doubling its market valuation to reach $120 billion over the coming decade.
- NVIDIA chips and advanced processors are being actively designed by engineers inside India, highlighting the nation's rising status in global semiconductor architecture.
- Indian Companies dropped out of the MSCI Emerging Markets index top 10 constituents list, marking a notable structural shift for domestic firms after 26 years.
- Indian Rupee surrendered most of its initial capital inflow-boosted gains as international oil prices climbed and global dollar demand strengthened significantly.
- RBI introduced a bulk deposit framework modification that effectively paves the way for commercial banks to implement transparent, risk-based deposit pricing.
- India secured official regulatory clearance from the European Union to continue exporting selected agricultural produce beyond September, providing a massive compliance relief to domestic exporters.
- SEBI expanded its next regulatory reform phase under Tuhin Kanta Pandey to comprehensively review and modernise operational norms governing market analysts, brokers and traditional IPO deployments.
Geopolitical Updates
- Finalising a BrahMos missile deal with Indonesia will be the top agenda of PM Modi’s Jakarta trip in early July, making Indonesia the third SE Asian client after the Philippines and Vietnam.
- Gaza truce talks have resumed in Cairo, with mediators trying to keep the ceasefire alive and reduce fighting.
- Iran and Israel paused attacks after Trump urged an immediate ceasefire, but both sides warned they could restart fighting if hostilities continue.
- India and the US will likely finalise the first trade pact phase only after USTR’s Section 301 probes end and tariff clarity improves.
- Houthis announced a total ban on Israeli ships in the Red Sea, raising fresh risks for global shipping routes.
- The EU has sanctioned Iranian officials and an IRGC unit over Strait of Hormuz disruptions, using a new freedom-of-navigation sanctions tool.
- India and the UK are actively addressing critical trade barriers to smooth out remaining rollout hitches in their highly anticipated bilateral free trade pact.
- China urged India that both nations should strictly stick to the mutual perception of being collaborative partners rather than competitors to resolve lingering border tensions.
- The Oman Coast witnessed an oil tanker carrying 24 Indian crew members catch fire, triggering immediate regional maritime rescue operations and safety evaluation procedures.
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.