News for 'draft-red-herring-prospectus'

Sebi agrees in principle to NSE colo-dark fibre settlement

Sebi agrees in principle to NSE colo-dark fibre settlement

Rediff.com16 Jan 2026

The Securities and Exchange Board of India (Sebi) has, in principle, agreed to the proposed settlement of the long-pending colocation and dark fibre cases filed by the National Stock Exchange (NSE), Sebi chairman Tuhin Kanta Pandey said on Wednesday.

NSE one step closer to IPO filing as Sebi grants NOC

NSE one step closer to IPO filing as Sebi grants NOC

Rediff.com31 Jan 2026

The Securities and Exchange Board of India (Sebi) has granted a no-objection certificate (NOC) to the National Stock Exchange of India (NSE), paving the way for the country's biggest exchange - currently valued at 5 trillion in the unlisted market - to file draft documents for its long-awaited initial public offering (IPO).

Oyo-parent Prism files IPO papers with Sebi; eyes Rs 6,650 cr via issue

Oyo-parent Prism files IPO papers with Sebi; eyes Rs 6,650 cr via issue

Rediff.com31 Dec 2025

Prism, the parent firm of global travel tech unicorn Oyo, has filed preliminary papers with market regulator Sebi to raise Rs 6,650 crore through an initial public offering (IPO) using a confidential route, people familiar with the development said on Wednesday.

UPI payments app PhonePe's $1.5 billion IPO to see Walmart cut stake

UPI payments app PhonePe's $1.5 billion IPO to see Walmart cut stake

Rediff.com23 Jan 2026

As India's biggest Unified Payments Interface (UPI) app PhonePe prepares to list, the updated draft red herring prospectus (DRHP) shows the impact of regulations on the business, and concentration of payments-linked revenue even as UPI lacks MDR (merchant discount rate).

Bombay HC Flags Misuse Of Petitions To Sabotage IPOs

Bombay HC Flags Misuse Of Petitions To Sabotage IPOs

Rediff.com26 Dec 2025

While not all complaints are frivolous, experts say petitions timed close to an IPO or listing often raise concerns about mala fide intent.

IPO Market Shows No Sign Of Slowing

IPO Market Shows No Sign Of Slowing

Rediff.com2 Jan 2026

'The first time India has seen two consecutive blockbuster IPO years.'

PhonePe seeks Sebi nod for IPO; submits papers

PhonePe seeks Sebi nod for IPO; submits papers

Rediff.com24 Sep 2025

Digital payments provider PhonePe has filed draft papers with markets regulator Sebi for its upcoming initial public offering (IPO) using the confidential pre-filing route. On Wednesday, the company's spokesperson said, "PhonePe Ltd has filed the Pre-filed Draft Red Herring Prospectus with Sebi and the stock exchanges, under...the Sebi ICDR Regulations in relation to the proposed initial public offering of its equity shares on the main board of the stock exchanges".

IPO Wave Hits 3 Decade Peak With 200 Filings

IPO Wave Hits 3 Decade Peak With 200 Filings

Rediff.com13 Oct 2025

This marks the strongest DRHP filing tally since 1996, when 428 firms sought to enter India's equity markets.

OYO to file DRHP in Nov, eyes $7-8 bn IPO valuation

OYO to file DRHP in Nov, eyes $7-8 bn IPO valuation

Rediff.com25 Aug 2025

Global travel tech firm OYO plans to file its Draft Red Herring Prospectus (DRHP) in November, eyeing a $7-8 billion valuation for its IPO, sources said. The company is expected to approach its board with the proposal next week, people familiar with the matter told PTI.

LG India signals 'future-ready' push with Rs 11.6K cr IPO

LG India signals 'future-ready' push with Rs 11.6K cr IPO

Rediff.com2 Oct 2025

For LG Electronics India, the Rs 11,607 crore initial public offering (IPO) is not just a fundraising exercise. The company's senior executives describe it as a step towards becoming "future-ready", showcasing financial strength while preparing for the next phase of growth in a market they see as still underpenetrated.

Case of a missing 'degree': Lenskart's weird problem

Case of a missing 'degree': Lenskart's weird problem

Rediff.com30 Jul 2025

In a surprising disclosure, eyewear giant Lenskart Solutions has revealed that Sumeet Kapahi, one of its co-founders and promoters, has been unable to locate copies of his Bachelor of Commerce (Honours) degree and marksheets from the University of Delhi. The revelation was made in the company's draft red herring prospectus (DRHP) filed with markets regulator Sebi as part of its proposed initial public offering (IPO).

'Some IPOs Underperformed Due To...'

'Some IPOs Underperformed Due To...'

Rediff.com6 Nov 2025

'...aggressive pricing amid volatility, but these are exceptions.'

PhysicsWallah reveals safety issues that plague India's education sector

PhysicsWallah reveals safety issues that plague India's education sector

Rediff.com9 Sep 2025

A student allegedly threatened a PhysicsWallah teacher with a slipper during an online class in 2023 -- one of the several safety-related incidents revealed by the edtech unicorn in its updated draft papers filed ahead of its initial public offering (IPO).

Urban Company, 12 others get Sebi nod to launch IPOs

Urban Company, 12 others get Sebi nod to launch IPOs

Rediff.com2 Sep 2025

As many as 13 firms, including Urban Company, which provides app-based beauty and home services, and Imagine Marketing, the parent of wearables brand boAt, have secured Sebi's approval to launch initial public offerings (IPOs), according to the regulator's update on Tuesday.

Tata Capital to float $2-bn IPO in Sep; eyes $11 bn valuation

Tata Capital to float $2-bn IPO in Sep; eyes $11 bn valuation

Rediff.com31 Aug 2025

Non-banking financial company (NBFC) Tata Capital is set to launch its much-anticipated $2 billion (Rs 17,200 crore) initial public offering (IPO) in the week beginning September 22, market sources familiar with the matter said on Sunday. The issue is expected to value the company around $11 billion, they added. Tata Capital is likely to make its stock market debut by September 30.

PhysicsWallah files IPO papers via confidential route

PhysicsWallah files IPO papers via confidential route

Rediff.com21 Mar 2025

Physics Wallah has filed Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (Sebi), a precursor to hitting the primary market from where the edtech Unicorn reportedly plans to raise around Rs 4,500 crore through IPO.

Pine Labs CEO Amrish Rau may net Rs 1,000 crore as firm files for IPO

Pine Labs CEO Amrish Rau may net Rs 1,000 crore as firm files for IPO

Rediff.com28 Jun 2025

As fintech major Pine Labs gears up for its initial public offering (IPO), its Draft Red Herring Prospectus has highlighted its top executives' pay and stock options, including those of Chief Executive Officer (CEO) Amrish Rau. Rau's net worth is estimated at Rs 850 crore-1,000 crore following the IPO.

IPO Pipeline Swells with 118 DRHPs

IPO Pipeline Swells with 118 DRHPs

Rediff.com11 Jul 2025

Experts say the robust filing suggests the second half of the year will see large-scale issuances, provided the markets remain supportive.

Sebi tightens norms for SME IPOs

Sebi tightens norms for SME IPOs

Rediff.com10 Mar 2025

Markets regulator Sebi has notified a stricter regulatory framework for small and medium enterprise (SME) IPOs by introducing a profitability requirement and capping a 20 per cent limit on offer-for-sale (OFS). The reforms aim to provide SMEs with a sound track record an opportunity to raise funds from the public while protecting investor interests. This move follows a rise in SME issues, which has driven significant investor participation.

Sebi sets up panel to look into 'unbundling' of 'black box' charges by clearing corporations

Sebi sets up panel to look into 'unbundling' of 'black box' charges by clearing corporations

Rediff.com19 Jun 2025

The Securities and Exchange Board of India (Sebi) on Wednesday announced a slew of measures to ease the compliance burden in the stock markets ecosystem, encourage more companies to list on the bourses after reverse flipping to India, and facilitate greater foreign fund flows into government bonds.

Most Anticipated IPOs of 2025 Everyone is Waiting For!

Most Anticipated IPOs of 2025 Everyone is Waiting For!

Rediff.com22 Jul 2025

The IPO wave of 2025 is here, and it's bigger than ever. From fintech unicorns to financial powerhouses and infrastructure giants, some of India's biggest names are all set to make their stock market debut. PhonePe, Zepto, Tata Capital, NSE, NSDL, and JSW Cement are just a few of the highly awaited listings that have investors and analysts buzzing with excitement.

Coming Soon: IPOs Worth Rs 1.02 Trillion

Coming Soon: IPOs Worth Rs 1.02 Trillion

Rediff.com2 Jun 2025

Over 60 companies are ready to launch IPOs in the coming months.

Blackstone-Sattva JV file draft Papers for Rs 6,200 crore Reit IPO

Blackstone-Sattva JV file draft Papers for Rs 6,200 crore Reit IPO

Rediff.com7 Mar 2025

US-based private equity firm Blackstone and Bengaluru-based real estate developer Sattva Group filed the draft initial public offer (IPO) papers for India's biggest real estate investment trust (Reit) named Knowledge Realty Trust to raise ?6,200 crore. The Reit will be the largest in India in terms of net operating income (NOI) and gross assets value (GAV).

From Badla To Jane Street: Market Tricks Haunt Again

From Badla To Jane Street: Market Tricks Haunt Again

Rediff.com13 Aug 2025

Jane Street could do what they did because of the most fundamental flaw in the Indian stock market: a fragmented, fractured, fissured, fistula-ed liquidity stream, points out Shankar Sharma.

'Sensex Is Barometer Of Economy And Capital Markets'

'Sensex Is Barometer Of Economy And Capital Markets'

Rediff.com18 Jul 2025

'BSE has facilitated nearly Rs 35 trillion in capital raising across multiple segments.'

IPOs mark a new era for India's hospitality industry with scale, ambition

IPOs mark a new era for India's hospitality industry with scale, ambition

Rediff.com15 Jul 2025

India's hospitality sector is rolling out the red carpet for investors. A flurry of upcoming IPOs, or initial public offerings, the entry of new players, and ambitious expansion plans by Indian and global hotel brands are ushering in what could be the industry's most formalised era yet. Leading the charge are real estate titans, who are turning their hotel arms into global hospitality chains.

Sebi mandates 10-minute video disclosure for companies launching IPOs

Sebi mandates 10-minute video disclosure for companies launching IPOs

Rediff.com27 May 2024

In a step towards investor awareness, the Securities and Exchange Board of India (Sebi) has directed companies planning to launch initial public offers (IPOs) to release a 10-minute video containing key information related to the issue. The initiative is to make it easier for investors to understand the features of the public issue and the company.

Hyundai to Swiggy: Sebi nod for IPOs paves way for bumper festival season

Hyundai to Swiggy: Sebi nod for IPOs paves way for bumper festival season

Rediff.com1 Oct 2024

The Securities and Exchange Board of India (Sebi) has given green light to several mega initial public offerings (IPOs) last week, paving the way for bumper launches during the ongoing festival season. According to the update on Sebi's website, Hyundai Motor India, which will be the country's largest IPO of nearly Rs 25,000 crore, received the observation letter from the market regulator on September 24. The regulator also gave the final observations on the offer documents of Vishal Mega Mart and Swiggy.

Health care, pharma IPOs raise Rs 14,811 cr in 2024

Health care, pharma IPOs raise Rs 14,811 cr in 2024

Rediff.com23 Dec 2024

India's healthcare and pharmaceutical sectors raised Rs 14,811 crore through initial public offerings (IPOs) in 2024, the largest since 2019, driven by strong domestic demand amid expanding global opportunities. According to data, key contributors to the record fundraising included Sai Life Sciences (Rs 3,043 crore), IKS Health (Rs 2,498 crore), and Sagility India (Rs 2,107 crore).

Hyundai Motor India gets Sebi nod to float IPO

Hyundai Motor India gets Sebi nod to float IPO

Rediff.com25 Sep 2024

Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, has received capital markets regulator Sebi's approval to float an initial public offering (IPO), people familiar with the development said on Wednesday. This development marks a significant milestone for the Indian industry, as it is the first automaker initial share-sale in over two decades, following Japanese automaker Maruti Suzuki's listing in 2003.

Ratan Tata to divest all his 77,900 shares of FirstCry in upcoming IPO

Ratan Tata to divest all his 77,900 shares of FirstCry in upcoming IPO

Rediff.com29 Dec 2023

Veteran industrialist and former Tata Group chairman Ratan Tata is looking to sell all 77,900 shares of Brainbees Solutions Ltd, which owns omnichannel baby and mother-care product platform FirstCry, in the upcoming IPO. Tata became an investor in the company in 2016 by infusing Rs 66 lakh initially. He was allotted preference shares of the company.

IPO pipeline: 10 companies aim to raise Rs 20,000 cr in Dec

IPO pipeline: 10 companies aim to raise Rs 20,000 cr in Dec

Rediff.com24 Nov 2024

The primary market is expected to remain vibrant, with at least 10 companies, including supermart major Vishal Mega Mart and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd expected to raise a combined Rs 20,000 crore in the next month, merchant bankers said. Education-focused NBFC Avanse Financial Services, TPG Capital-backed Sai Life Sciences, hospital chain operator Paras Healthcare, and investment bank DAM Capital Advisors are also among the companies planning to launch their IPOs in December, they added. The companies aim to raise a total of Rs 20,000 crore through their public offerings.

Five main-board, 6 SMEs to hit the markets to raise Rs 18,500 cr

Five main-board, 6 SMEs to hit the markets to raise Rs 18,500 cr

Rediff.com8 Dec 2024

The IPO market is set to be bustling next week, with 11 companies like Vishal Mega Mart, TPG Capital-backed Sai Life Sciences and fintech firm One Mobikwik Systems gearing up to launch their initial share sales, collectively aiming to raise nearly Rs 18,500 crore. Other mainboard IPOs to be launched during this period are Inventurus Knowledge Solutions Ltd and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd.

Swiggy refiles IPO papers; eyes Rs 3,750 cr via fresh issue

Swiggy refiles IPO papers; eyes Rs 3,750 cr via fresh issue

Rediff.com26 Sep 2024

Food and grocery delivery major Swiggy on Thursday filed its updated draft papers with capital markets regulator Sebi to raise funds through its much anticipated initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares worth Rs 3,750 crore and an offer-for-sale (OFS) of 18.52 crore equity shares by existing shareholders, according to the updated draft red herring prospectus (UDRHP). Market sources have pegged the company's IPO size at over Rs 10,000 crore.

Swiggy's qcom arm beats food delivery growth

Swiggy's qcom arm beats food delivery growth

Rediff.com30 Sep 2024

For food aggregator platform Swiggy, quick commerce (qcom) is proving to be a better growth opportunity than food delivery. Its qcom arm Instamart is rapidly outpacing its core food delivery vertical across several key financial metrics, the company's recently filed draft red herring prospectus (DRHP) shows.

OYO pre-files draft paper for IPO; likely to list around Diwali

OYO pre-files draft paper for IPO; likely to list around Diwali

Rediff.com31 Mar 2023

Oravel Stays - which operates hospitality tech firm OYO - on Friday pre-filed its Draft Red Herring Prospectus with stock market regulator Sebi, sources said. Sources close to the company told PTI, OYO may launch its initial public offering (IPO) around Diwali this year. Unlike the traditional route where companies have to launch the IPO within 12 months from the Sebi approval, or final observation; in the pre-filing route, an IPO can be floated within 18 months from the date of Sebi's final comments.

Ola Electric likely to drive in IPO at a lower valuation of $4.5 billion

Ola Electric likely to drive in IPO at a lower valuation of $4.5 billion

Rediff.com17 Jul 2024

Ola Electric, the SoftBank-backed electric vehicle (EV) maker, is likely to pursue a valuation of approximately $4.5 billion in its upcoming initial public offering (IPO), marking about 18 per cent decrease from its last funding round valuation of around $5.5 billion, according to industry sources. The Bhavish Aggarwal-founded firm aims to file for the IPO by next month, according to people familiar with the matter. "The strategy is to price the IPO attractively for investors, fostering long-term growth and wealth creation," said a source.

Will China's Loss Be India's Gain In EV Race?

Will China's Loss Be India's Gain In EV Race?

Rediff.com14 Oct 2024

Lithium-ion cells, primarily imported from China, are likely to become cheaper following punitive tariffs imposed by the US on Chinese battery cells.

Terror Attacks No Cause Of Alarm For J&K Projects

Terror Attacks No Cause Of Alarm For J&K Projects

Rediff.com29 Oct 2024

'If you are in a position to give employment to local people, you will find no terror attacks in your area.'

IPO rush: 8 cos looking to raise Rs 60,000 cr in Oct-Nov

IPO rush: 8 cos looking to raise Rs 60,000 cr in Oct-Nov

Rediff.com29 Sep 2024

The primary market will remain abuzz with more than half a dozen companies, including Hyundai Motor India, Swiggy, and NTPC Green Energy, lined up initial public offerings over the next two months to raise around Rs 60,000 crore, merchant bankers said. Apart from these three firms, Afcons Infrastructure, Waaree Energies, Niva Bupa Health Insurance, One Mobikwik Systems, and Garuda Construction are among the companies planning to launch initial public offerings (IPOs) during October-November, they added. Together, these firms are looking to raise Rs 60,000 crore through their IPOs.