INDIA IPO
13 October, 2026
Recent IPO Updates
- HD Fire Protect raised ₹213.11 crore from anchor investors ahead of its ₹712.31-crore IPO, which opens on October 13 and closes on October 15, at a price band of ₹258–₹271 per share; the issue is entirely an offer for sale by promoters.
- B2B manufacturing marketplace Zetwerk announced its IPO price band at ₹143-₹151 per share to raise ₹5,012 crore, yielding early venture backers like Kae Capital up to 38x returns.
P.E. & Funding Updates
- Ayurvedic personal care brand Nat Habit raised ₹142 crore (around $15 million) in a Series C round led by Trident Growth Partners, with participation from existing investors Bertelsmann India Investments, Mirabilis Investment Trust and Sharrp Ventures, alongside Physis Capital and Hero Family Office, to expand its product portfolio, manufacturing capacity and distribution network.
- Tessolve Semiconductor, a Hero Electronix venture, raised $75 million (approximately ₹725 crore) from US-based Vector Line Capital to pursue strategic acquisitions, strengthen its semiconductor engineering capabilities, broaden service offerings and expand its global presence.
- AI startup Sarvam is in talks to raise a $250 million to $300 million topup round, potentially doubling its valuation to $3 billion and making it India's highest-valued AI firm.
- Chinese AI laboratory DeepSeek is set to lead a seed round valuing Winverse AI at $400 million, backing former Tencent scientists building AI systems for robotics.
Business & Economic Updates
- India’s 10-year government bond yield rose nine basis points to 7.39%, a three-year high, as the RBI introduced measures to support the rupee; higher oil prices and bond-sale concerns intensified market pressure.
- Domestic mutual funds attracted ₹38,307 crore in net equity inflows in September, while SIP contributions reached a record ₹32,490 crore; mid-cap and small-cap funds recorded strong inflows despite market volatility.
- Saudi Arabia faced fresh missile and drone attacks following strikes on Riyadh airport, prompting an extended airport closure until Saturday; Brent crude rose 2% to $106.76 per barrel amid fears of supply disruptions.
- India’s direct-selling industry generated ₹25,000 crore in net revenue in FY26, following ₹23,522 crore in FY25, with 9.1 million active sellers, 47% of them women; seller retention remains a key challenge.
- ISB and IIM Bangalore were the only Indian institutions in the Financial Times’ 2026 global top 100 Executive MBA rankings, rising to 38th and 64th place, respectively.
- The Centre expects GST revenue growth to be driven by a wider tax base and improved compliance, with taxable supply rising 25.8% year-on-year between October 2025 and July 2026 and gross tax liability increasing 13.6%.
- Commerce Minister Piyush Goyal proposed linking Gujarat’s GIFT City with London to deepen cooperation in fintech, insurance, cross-border payments and trade finance under the India–UK trade agreement.
- India's retail inflation rose to 5.54% in September 2026 from 4.82% in August, while food inflation surged to 7.74%, driven by higher prices of onions, ginger, garlic, sugar, chicken and edible oils; onion prices increased 112% year-on-year, raising concerns over inflationary pressures.
- Renewable energy projects worth around ₹84,000 crore remain constrained by inadequate transmission infrastructure, with delayed grid connectivity potentially causing developers losses of ₹8,000 crore annually, according to a new white paper.
- Foreign portfolio investors are increasingly selling in secondary markets while participating in new IPOs and QIPs, attracted by emerging businesses and potentially more attractive entry valuations.
- Indian benchmark indices declined on October 12 as Brent crude approached $106 per barrel and FPI outflows persisted; the Sensex fell 0.76% to 71,924.68 and the Nifty dropped 0.70% to 22,363.35.
- FSSAI announced strict measures mandating e-commerce and online delivery platforms to prominently display license numbers, register all warehouses, and ensure complete accountability for food safety standards.
- India surpassed China by capturing 5.7% of global greenfield investment inflows compared to China's 2.8%, driven by a significant global shift in supply chain and manufacturing sourcing.
- Finance Minister Nirmala Sitharaman highlighted that India's steel industry grew 10% to 165 million tonnes, bucking a global trend where worldwide steel production declined by 2%.
- Lord’s Mark Industries Limited acquired 100% equity in Radio Electric Private Limited for ₹4.50 crore cash to blend engineering heritage with new growth opportunities in energy infrastructure.
- A central government panel will finalize capping trade margins for high-cost cancer medications at 30% of Maximum Retail Price to significantly reduce out-of-pocket patient healthcare costs.
- The Power Ministry sought Cabinet approval to extend the Power System Development Fund for five years to continue supporting key power grid operational and distribution infrastructure.
- Fitch Solutions unit BMI revised India’s FY27 real GDP growth forecast upward to 7.5%, citing strong domestic demand and accelerating industrial activity across major manufacturing sectors.
- The market capitalization share of India's top 10 blue-chip companies fell to a nine-year low, reflecting broader market participation and investor diversification into mid-cap equities.
- The Indian rupee appreciated 1% against the dollar to 95.76 after RBI directed public oil firms to source foreign exchange directly, curbing spot dollar demand.
- RBI tightened rupee derivatives regulations by expanding the 20% cash reserve requirement framework, prompting major commercial banks to flag potential domestic liquidity concerns.
- Used-car sales are projected to grow 12-15% during this festive season, strongly supported by accelerating purchasing power and higher demand in rural markets.
- A recent report highlighted that many Farmer Producer Organizations formed under the central government scheme were driven primarily by rigid target pressures rather than natural demand.
- World Bank data indicated that India's extreme poverty rate is projected to decline by 2.1% down to 12.1% by 2028 through targeted welfare measures.
- SEBI strongly nudged brokerage firms to proactively onboard and participate on the centralized return verification platform to enhance compliance and transparency.
- Finance Minister Nirmala Sitharaman urged immediate multilateral policy interventions to address escalating global steel overcapacity and protect domestic market interests.
- India’s comprehensive Free Trade Agreements could add $170 billion to India’s GDP by 2035 while serving as a strategic cushion against potential US tariffs.
- The Coal Ministry stated that national coal stocks remained stable at over 18 million tonnes as daily supplies strengthened and production pace matched power sector consumption.
- The IMF reported that heavy investments in AI are sustaining global economic growth around 3%, delivering substantial productivity benefits across major Asian economies.
- ICRA reported that India's securitisation volume hit a record ₹1.47 trillion in H1 FY27, propelled by robust gold loan and vehicle transaction recoveries.
- L&T Technology Services launched an AI-native manufacturing lab in Bengaluru and announced plans to establish a corresponding facility in the US.
- The Uttar Pradesh government set a target to achieve 4.8 million tonnes of oilseeds output to boost domestic edible oil production.
- SEBI notified a common advertisement code permitting regulated entities to use celebrity endorsements at the brand level under strict prior approval and compliance guidelines.
- Volatile crude oil prices and fluctuating bond yields were cited as primary triggers behind the Sensex dropping 800 points during intraday trading.
Geopolitical Updates
- The UK announced commercial deals worth over £1 billion with India, including a £50 million investment in AI research and significant operational expansion by Menzies Aviation.
- Commerce and Industry Minister Piyush Goyal stated that upcoming Free Trade Agreements will compel global automakers to substantially increase local manufacturing in India.
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.