India IPO
18 June, 2026
Recent IPO Updates
- Spices maker Pushp Brand (India), owner of "Pushp Masale," is likely to file its DRHP for an IPO of over ₹1,000 crore this week, with ICICI Securities and IIFL Capital as lead managers.
- Healthcare company Practo is heavily prioritising an infrastructure-backed model to fortify its operational stability, driving long-term profitability and higher valuations before launching its upcoming IPO in 2027.
P.E. & Funding Updates
- AI safety and research pioneer Anthropic is in talks to raise over approx ₹2.86 lakh Cr at a staggering approx ₹85.80 lakh Cr valuation, positioning it as the world's most valuable artificial intelligence startup.
- Udaan is reportedly seeking approx ₹477 Cr to ₹572 Cr more from existing backers Lightspeed and M&G before a possible IPO, with the money likely going to supply chain and growth plans.
- StrainX Bioworks, a synthetic biology and precision fermentation startup, raised approx ₹124 Cr to expand its commercial laboratory footprint and accelerate large-scale industrial manufacturing of alternative proteins.
- Indian Startups experienced a significant capital influx this week, cumulatively raising approximately ₹877 Cr across various sectors, demonstrating a highly resilient domestic institutional investor appetite.
Business & Economic Updates
- DRDO may bring private firms into Astra missile production to boost capacity, cut dependence on imports and speed up work on advanced air-to-air weapons.
- ECLGS 5.0 is getting traction as banks see rising MSME credit demand, but they want a buffer because early utilisation is still low.
- Medical tourism brought strong revenue in FY26 as hospitals gained from high-end treatments, though West Asia tensions and Bangladesh unrest hurt some patient inflows.
- RBI may keep rates unchanged in June because inflation is easing, while West Asia tensions and growth outlook make the policy outlook uncertain.
- Indian companies like Deloitte, Deutsche Bank, Meesho and Scaler are cracking down on candidates using AI tools to cheat in virtual interviews, detecting AI-assisted responses and implementing scenario-based assessments to test genuine skills.
- Tata Electronics will start chip packaging for global automotive and industrial clients at its upcoming ₹27,120 crore OSAT facility in Jagiroad, Assam, boosting India's semiconductor ambitions, with full operations expected by year-end.
- India's Q4 FY26 GDP growth is projected at 7.3%, driven by strong domestic demand and a resilient services sector, with CEA Nageswaran confident the economy can deliver 7.3%+ growth to achieve FY26's 7.6% target.
- Indian banks are urging the RBI for a hedging support framework to revive overseas borrowing, as high forex hedging costs make foreign debt more expensive than domestic borrowing, slowing foreign fundraising.
- Three consortia - L&T with BEL and Dynamatic, Tata Advanced Systems and Bharat Forge with BEML and Data Patterns are shortlisted to build India's fifth-gen AMCA stealth fighter prototypes, excluding HAL for the first time.
- Experts say India must shift from signing FTAs to helping exporters use them - historic FTA utilisation is just 25% vs 70-80% in developed economies, making better execution the highest-leverage trade reform available.
- Indians' overseas travel spending fell 16% to $1.09 billion in March 2026 from $1.3 billion in February, driven by rising oil prices from Middle East tensions and rupee pressure.
- Bond strategists warn yields will stay high even if the Iran war ends, as real yields (inflation-adjusted) and fiscal concerns, not just war-related inflation, are driving borrowing costs.
- Adani and GMR are among four bidders in the final race to acquire IntelliSmart Infrastructure, NIIF and EESL's smart meter company, valued at around ₹3,700 crore.
- Six of India's top-10 most valued companies added ₹74,111 crore to their market cap last week, led by Reliance Industries, ICICI Bank, TCS, Bajaj Finance, L&T and LIC.
- The co-working space provider IndiWube is strategically expanding its commercial real estate footprint, actively targeting high-demand micro-markets within Tier-1 cities to capture growing institutional tenant demand.
- India's federal subsidy expenditure is projected to overshoot its initial budgetary targets by nearly 50%, introducing substantial fiscal pressures and complicating federal deficit management strategies.
- Domestic energy consumption slowed as April fuel demand dropped 4.6% and LNG imports plummeted 29.6%, indicating a temporary cooling in industrial operations and commercial transport logistics.
- RBI reduced its strategic contingency risk buffer, successfully unlocking a massive, vital dividend payout of ₹92,000 Cr to strengthen the central government’s fiscal balance sheet.
- According to central bank data, outbound remittances for overseas travel dropped to approx ₹10,395 Cr in March, reflecting a distinct tightening in domestic discretionary spending.
- Indian stock market indices face ongoing volatility, with short-term investor sentiment highly dependent on volatile crude prices, foreign portfolio investor activity, and escalating tensions across West Asia.
- The Reserve Bank of India (RBI) indicated that the Indian Rupee is fundamentally undervalued against global majors, hinting at potential central bank market interventions to stabilise currency fluctuations.
- SEBI is planning an overhaul of market margin frameworks, aiming to proactively mitigate systemic risks arising from algorithmic trading and high-frequency retail volumes.
- Indian electric vehicle cell manufacturers are aggressively optimising manufacturing operations and sourcing pipelines to bridge the persistent cost and pricing deficit with dominant Chinese market suppliers.
- Imminent regulatory restrictions on US H-1B visas are compelling premier Indian IT firms to restructure global staffing architectures, shifting focus toward local hiring and nearshore delivery hubs.
- Total export-import cargo volumes moving through major domestic ports recorded a 2% contraction in April, highlighting transient headwinds across international trade pipelines and supply chains.
Geopolitical Updates
- President Trump made a surprise live call to a US embassy event in Delhi, saying, "I love PM Modi, he's great, my friend," calling himself a "big, big fan of Modi," and promising "India can count on me 100%".
- India received its first LNG shipment from the Persian Gulf since the Iran war began - Adnoc's Al Hamra tanker exited the Strait of Hormuz carrying cargo to western India, marking a pivotal moment as exporters quietly resume supplies to key buyers.
- Israeli PM Netanyahu told Trump that Israel will remain free to act against threats in Lebanon and all arenas, with Trump supporting this principle during talks on an emerging US-Iran deal.
- Trump says the US-Iran peace deal framework is "largely negotiated" and will be revealed soon, including reopening the Strait of Hormuz, with a memorandum of understanding as the first phase before broader talks in 30-60 days.
- Iran's embassy in India rejected US Secretary Rubio's remarks on Iran's nuclear program, calling them distorted and blaming US-Israel policies for regional instability.
- Russia hit Kyiv with a hypersonic Oreshnik missile, marking the third such use in the war, after a drone attack on Russian airfields and amid rising civilian casualties.
- US Secretary of State Marco Rubio indicated that a comprehensive bilateral trade agreement (BTA) between Washington and New Delhi is nearing finalisation, aiming to deepen long-term economic alliances.
- India has finalised the formal Letter of Request to acquire 114 Rafale fighter aircraft, preparing to dispatch it to France to significantly elevate national air combat capabilities.
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.