INDIA IPO
14 November, 2026
Recent IPO Updates
- SEBI issued observation letters to Sembcorp Green Infra, Razorpay Software and MakeMyTrip, allowing the three companies to proceed with their proposed IPO processes, subject to regulatory requirements.
- Crystal Crop Protection plans to raise up to ₹456 crore through an IPO, opening November 18 and closing November 20, with a price band of ₹259–272 per share and an implied valuation of ₹4,438 crore.
- SEBI granted Sembcorp Green Infra approval for its proposed ₹3,750-crore IPO, entirely comprising a fresh issue to fund debt repayment and expansion of its renewable energy and storage portfolio.
P.E. & Funding Updates
- Cricket legend Sachin Tendulkar joined Hyderabad-based waste management startup Recykal as a strategic investor, extending its $23 million bridge round to promote responsible waste management and recycling across India.
- Delhi-based manufacturing AI startup Morsa raised $1.5 million in a pre-seed round led by Jackson Square Ventures, with a16z Scout Fund participating, to develop its AI- powered factory operations platform and expand deployments in India and the US.
- Jaipur-based D2C menswear brand QB MEN raised an undisclosed pre-seed round led by BeyondSeed, with Rajkot Ventures and Prajay Advisors participating, to strengthen brand building and distribution, targeting 100% annual growth. By
Business & Economic Updates
- Hindustan Aeronautics Ltd (HAL) expects to deliver its first 10 Tejas Mk1A ighter aircraft by March 2027, with deliveries to the IAF targeted from Q4 FY27. Revenue is projected to grow 13.5% to ₹37,572 crore in FY27, while execution and supply-chain constraints remain key monitorables.
- Vodafone Idea is in advanced discussions with banks to raise ₹25,000 crore in funded facilities, as part of its ₹45,000-crore three-year capex plan for expanding 5G and 4G networks.
- Chief Economic Adviser V Anantha Nageswaran said interest rate hikes may not curb supply- driven inlation and could prove counterproductive, calling for iscal and other policy measures alongside monetary action.
- Agnikul Cosmos plans to invest ₹510 crore in Andhra Pradesh to establish a facility manufacturing orbital data centre units, extending its space-launch capabilities into AI and cloud infrastructure.
- Telecom networks received 1.53 million unsolicited commercial communication complaints in Q2 FY27, up 40.9% quarter-on-quarter, even as AI-lagged suspected spam calls declined 20.5% to 18.28 billion.
- Indian equity benchmarks extended weekly gains for a third consecutive week, with the Nifty 50 rising 0.5% and Sensex gaining 0.7%, despite Friday's market decline.
- The government recognised commodity trading contracts as inancial products under the IFSCA Act, 2019, enabling international commodity trading activities through entities operating in GIFT City.
- NSE International Exchange expanded its global access platform to seven European markets, including the UK, Germany and France, offering investors access to over 11,500 securities.
- BSE will revise speciications for its West Texas Intermediate crude oil derivatives contracts from November 27, introducing wider strike options, a revised expiry structure and lower transaction costs.
- Milk inlation intensiied ahead of recent price hikes, with liquid milk inlation reaching 4.63% in October and paneer inlation rising to 5.69%, while milk-based sweets inlation exceeded 9%.
- India’s current account deicit widened to $25.8 billion in H1 FY27 from $18 billion a year earlier, despite a $66.8-billion balance-of-payments surplus supported by capital inlows.
- Non-life insurance premiums rose 10.5% year-on-year to ₹32,760.81 crore in October, led by 38.3% growth in standalone health insurance premiums to ₹3,738.3 crore. th
- The International Energy Agency expects the global oil market to return to surplus in Q4 2026, as recovering Gulf exports outpace demand despite continued shipping disruptions.
- India’s merchandise trade deficit widened to a 12-month high of $39.88 billion in October as imports surged 16.5% to a record $89.35 billion, despite exports rising 45% to $49.47 billion.
- Delhivery partnered with Tata Motors, Euler Motors and Montra Electric to deploy 1,500–2,000 electric commercial vehicles across its intra-city logistics network over the next 12–18 months.
- Bajaj Auto received the highest automobile PLI incentive payout of ₹625.65 crore in FY26, followed by Tata Motors at ₹403.18 crore and Ola Electric at ₹366.78 crore.
- CAG launched its first nationwide performance audit of fertiliser subsidies since 2011, examining urea distribution, diversion, imports and production efficiency across 169 districts in 15 states.
- NITI Aayog’s assessment found that PLI schemes attracted ₹2.4 trillion in investment and generated ₹22.66 trillion in production by March 2026, but MSME benefits remained uneven and largely indirect.
- FISME urged the government to commission sector-specific export studies across 10 priority industries to help MSMEs understand tariff benefits, regulatory requirements and compliance costs under free trade agreements.
- Marquee issuers raised ₹9,700 crore through corporate bonds in November, led by Power Finance Corporation’s ₹5,941-crore fundraising, while HUDCO raised ₹2,500 crore through a 10-year bond issue.
- The government made weekly stock declarations mandatory for pulse traders, millers, wholesalers and retailers amid rising prices, aiming to curb hoarding, speculative accumulation and artificial supply constraints. Retail pulse inflation reached 8.73% in October.
- BPCL clarified that a viral image showing an intermediate-stage ethanol separation test at its Karnataka facility was captured before testing was completed and did not represent the final E20 fuel-quality results.
- Cipla, Dr Reddy’s Laboratories, Glenmark Pharmaceuticals and Sun Pharma are banking on respiratory medicines, peptide drugs and specialty treatments to drive growth, although regulatory delays and supply constraints could affect launches and sales targets.
- Nvidia’s CEO Jensen Huang’s departure has intensified US-China technology tensions, with US lawmakers scrutinising the company’s export controls and China’s access to advanced AI chips. Investors also sold Chinese AI stocks amid concerns over a widening technology divide.
- The International Olympic Committee flagged governance disputes and alleged electoral misconduct within the Indian Olympic Association, warning that internal conflicts could damage India’s reputation and affect its bid to host the 2036 Olympic Games.
- Paytm Payments Services received in-principle RBI authorisation to issue and operate prepaid payment instruments, including digital wallets, subject to compliance and final approval following system and cybersecurity audits.
- India’s forex reserves increased by $2.49 billion to $719.547 billion in the week ended November 6, reversing the previous week’s $2.691-billion decline.
- Indian equity benchmarks fell on Friday as elevated crude prices and inflation concerns offset foreign institutional inflows, trimming weekly gains after the strongest rally in over six years.
- HDFC Mutual Fund entered the specialised investment fund (SIF) category with a hybrid long-short strategy investing in equity and debt securities. The new fund opened on November 13 and closes on November 27.
- Standalone health insurers led the non-life insurance industry in October, recording 21% year-on-year growth in gross direct premiums to ₹4,549 crore, compared with 11% growth across the overall industry.
- BP is in talks with Brazil’s Petrobras to sell a stake in its Bumerangue oil block, although negotiations remain ongoing and the field’s high carbon dioxide content presents development challenges.
- India recorded an $8.8-billion balance of payments surplus in September, supported by a capital account surplus despite the current account deficit widening to $7.4 billion.
- Vegetarian thali costs rose 12% year-on-year in October due to higher onion, tomato, vegetable oil, rice and LPG prices; non-vegetarian thali costs increased 9%.
- India’s core inflation rose to 4.5% in October, approaching 5%, as persistent input-cost pressures spread across transport, clothing, communication and household-related services.
- Legal experts say Noel Tata could approach the NCLT over Tata Sons’ refusal to share September 17 board-meeting recordings, raising concerns over corporate governance.
- Vodafone Idea is increasing network capital expenditure as funding improves, having repaid legacy bank debt and paid over ₹6,000 crore towards FY27 spectrum obligations.
- Passenger vehicle wholesale dispatches rose 12.4% year-on-year to a record 519,060 units in October, despite retail registrations declining 14.23% amid slower festive demand conversion.
- Vodafone Idea received 539,285 spam complaints in September, the highest among telecom operators, and disconnected 355 resources for repeat violations, according to TRAI data.
- SpiceJet will announce overdue FY26 and Q1–Q2 FY27 financial results by December 7 after a BSE warning, while considering fresh fundraising options.
- India overtook China in foreign real estate investment, attracting $5.5 billion during the first nine months of 2026, around 50% above mainland China’s $3.7 billion.
- Bank credit growth accelerated to 19.54% year-on-year for the fortnight ended October 31, a 30-month high, outpacing deposit growth of 16.86%.
- Accenture has begun distributing performance bonuses in India, with most employees receiving up to 14% of fixed pay and top performers eligible for payouts reaching 25%.
- Tata Trusts vice-chairmen Venu Srinivasan and Vijay Singh questioned governance practices, warning that concentrated authority and weakened institutional independence threaten the Tata Group’s governance model.
- A global Microsoft workplace-services outage disrupted Outlook, Microsoft 365, Teams and Copilot across 74 countries, affecting businesses and government agencies for two days.
- Nvidia faces its biggest CEO succession search after Jensen Huang’s resignation, with governance experts criticising the board for lacking a clear succession plan.
- India’s electronic component exports surged 57% year-on-year to $13.79 billion in April–September FY27, while non-smartphone products increased their share of total electronics exports.
- Rooftop solar installations under PM Surya Ghar reached 6.6 million households, while the government targets 10 million; installation timelines have fallen to six days.
Geopolitical Updates
- China has decided not to bid to host the 2028 UN climate summit, two years before its deadline to peak carbon dioxide emissions, according to Bloomberg.
- The US Senate Banking Committee summoned former Nvidia CEO Jensen Huang and Commerce Secretary Howard Lutnick to testify over chip exports to China and national security concerns.
- Russia said Europe must demonstrate its willingness to contribute to Ukraine peace efforts before joining negotiations, while reiterating that it seeks a comprehensive peace settlement rather than a ceaseire.
- India and the US are likely to sign an interim trade deal after Washington inalises its tariff framework, with the first tranche targeted by the end of Fy27.
- US Treasury Secretary Scott Bessent cautioned the Federal Reserve against raising interest rates in response to an energy supply shock, arguing that monetary tightening could worsen economic pressures.
- South Korean startup DeepX plans to invest over $100 million in developing its next- generation AI chip using Samsung’s 2-nanometre manufacturing process, targeting its first silicon by March 2027.
- The European Union lagged 10 petroleum shipments from Reliance Industries’ Jamnagar reinery as high-risk after arrival, amid a 22% monthly increase in Russian crude imports.
- The US assured India of a comparative tariff advantage under the proposed bilateral trade agreement, with its first tranche likely by FY27-end, oficials said.
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.