INDIA IPO
03 October, 2026
Recent IPO Updates
- SRG Narrow Fab filed a DRHP for an SME IPO of up to 36.8 lakh equity shares.
- Anthropic is reportedly preparing for a major IPO before Thanksgiving, with prospective investors discussing valuations between $1.8 trillion and $2 trillion amid rapid AI growth.
- Carnet Books has proposed a fixed-price SME IPO of 29.49 lakh shares at ₹45 each, aggregating ₹13.27 crore, with 28.02% post-issue capital offered.
P.E. & Funding Updates
- Beauty, lifestyle and body-care brand MoroMaa has raised ₹1.5 crore from AJ VC for a 9% stake. The company plans to use the funding to expand its product portfolio, strengthen distribution and build awareness of Moroccan beauty in India.
- Broadcom’s Wall Street syndicate is assembling up to $60 billion in fresh AI-chip financing for Anthropic and other companies, including a potential $42 billion senior-secured tranche to fund chips and AI infrastructure.
Business & Economic Updates
- Manufacturing’s share of new projects fell to 27% in H1FY27, a three-year low, while services rose to 39%, led by information technology investments.
- ICRA may cut FY27 agriculture, forestry and fishing growth forecast to about 1% as weak, uneven monsoon rainfall weighs on kharif sowing and reservoirs nationwide.
- Centre’s capital expenditure reached ₹5.63 lakh crore, or 46% of FY27 target by September 22, with infrastructure spending expected to support annual capex execution this year.
- NBFCs now account for 50% of new-to-credit borrowers, driven by consumer-durable and personal loans, highlighting their growing role in formal financial inclusion.
- More than half of India’s mid-to-large companies have delivered negative returns in 2026, with several losing over half their market capitalisation.
- Four Indian space companies sent advanced payloads aboard SpaceX’s Transporter-18 mission, demonstrating growing private-sector capabilities in Earth observation, AI computing and thermal imaging.
- L&T is in talks with Japan’s Itochu to sell a stake in its clean-energy arm, supporting green ammonia development and potential international market expansion.
- Global fuel subsidies could exceed $1 trillion this year as governments shield consumers from higher energy prices, straining budgets amid geopolitical and climate pressures.
- India’s major consumer companies increased R&D spending marginally to 0.9% of sales in FY26, led by automobiles and electronics, though investment remains modest.
- The government is considering extending PMEGP until 2030-31 with ₹15,000 crore funding, alongside lighter documentation and collateral-free loans for eligible entrepreneurs.
- India’s crude oil imports reached a yearly high of 5.26 million barrels per day in September, supported by stronger Gulf supplies and changing trade routes.
- Tier-2 cities are driving India’s retail expansion, adding over three times the shopping-centre space of tier-1 cities since 2020 amid rising demand and limited urban availability.
- US nonfarm payrolls rose just 29,000 after revisions, while unemployment reached 4.2%. Slower wage growth and hiring raise concerns about labour-market momentum ahead.
- Apollo Global Management will finance a $15 billion AI infrastructure project in Japan, partnering with UK developer RheaM Holdings and technology firms on expansion.
- Nvidia shares rose 2.9%, pushing its market value near $6 trillion as renewed AI optimism, stronger chip demand and buyback plans supported investor sentiment.
- Eurozone inflation accelerated to 3.8% in September, driven mainly by energy costs, increasing pressure on the European Central Bank and complicating rate-cut expectations.
- World food prices rose to their highest level in nearly four years in September, as logistics disruptions and weather concerns affected global crop markets significantly.
- Loans against fixed deposits surged 43.2% year-on-year to ₹2.04 lakh crore in August, marking their fastest growth in over three years, official RBI data showed.
- Corporate bond issuances surged to ₹1.34 lakh crore in September, the highest monthly mobilisation since May 2025, taking first-half FY27 issuances to ₹5.63 lakh crore.
- Twenty-five companies entered India’s ₹1 lakh-crore market-cap club during April-September 2025, taking total members to 114, while four companies exited the group during the period.
- Payment aggregators are negotiating larger shares of UPI merchant discount revenue, with transactions above ₹2,000 generating MDR and banks retaining a defined portion under the framework.
- Smartphone exports reached $29.36 billion in FY26, with Apple accounting for nearly 87% of the increase since FY22 as India’s electronics export base expands rapidly.
- An agricultural panel recommends linking oilseed MSP with scientifically determined benchmarks to boost domestic production, reduce cooking-oil imports, and strengthen farmer procurement systems across India.
- Pharma, textiles, fertilisers, renewable energy and EV makers seek GST fixes as inverted duty structures leave substantial input tax credits accumulated and working capital blocked.
- Indian banks are increasing technology spending on AI, cloud, cybersecurity and internal capabilities, reducing the proportion of technology budgets directed toward traditional IT services providers.
- Bajaj Finance board approved fundraising of up to ₹17,500 crore through an ₹11,700 crore QIP and warrants worth up to ₹5,800 crore, subject to approvals.
- Data indicates cheaper, fresh-issue IPOs yield stronger long-term gains for investors holding positions, outperforming pure offer-for-sale issues due to direct growth capital infusion into companies.
- Riding the booming IPO wave, alternative credit provider BlackSoil Capital expanded its FY27 credit deployment target to ₹2,400 crore, having already put ₹1,600 crore to work this fiscal year.
- Reliance Industries, through Anant Ambani, announced plans for a ₹1 trillion biogas initiative in Andhra Pradesh, driving massive clean-energy project funding to scale compressed biogas production across India.
- India's foreign exchange reserves plummeted by $18.3 billion to $747.6 billion for the week ended September 25, recording the sharpest single-week decline as the RBI intervened to support the currency.
- Pranav Adani announced that infrastructure projects worth ₹2.6 trillion are either completed or currently being executed across Maharashtra to boost regional connectivity and industrial growth.
- Ex-RBI official Janak Raj stated the government should have made RBI's 2022 inflation failure report public to enhance institutional transparency and foster informed public macroeconomic debate.
- Former RBI Deputy Governor Michael Patra suggested India's headline inflation target should progressively align with the advanced economy average benchmark of 2% for long-term monetary stability.
- Commerce Minister Piyush Goyal asserted India does not suffer from structural excess manufacturing capacity, highlighting that current production capabilities match expanding domestic and global export demands.
- Madhya Pradesh Chief Minister met Prime Minister Narendra Modi in New Delhi to discuss state development projects and officially invite him to the Global Investors Summit 2027.
- Global crude oil benchmark prices fell $2 after European nations agreed to release strategic diesel reserves following policy pressure from US President Donald Trump.
- Union Minister Piyush Goyal emphasized at the G20 trade meeting that international actions against alleged forced labor must be strictly evidence-based to prevent unfair non-tariff trade barriers.
- Police in New Delhi detained over 700 demonstrators protesting at Jantar Mantar against Chief Election Commissioner Gyanesh Kumar over electoral process grievances and transparency demands.
Geopolitical Updates
- India-US trade talks remain unresolved, with USTR Jamieson Greer saying negotiations are progressing but an interim agreement is not imminent due to remaining sticking points.
- G7 nations and partners plan to release up to 100 million barrels of emergency crude and diesel stocks to address rising fuel prices.
- Russian President Vladimir Putin praised Prime Minister Narendra Modi’s efforts to seek peaceful solutions to the Ukraine conflict, highlighting continued diplomatic engagement between both countries.
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.