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BIZARRE: 6 - What They Never Told You

Shiprocket shares gain 3% as Q1 net loss narrows to Rs 14 crore in first earnings post IPO; revenue up 34% YoY

Shiprocket reported a narrower consolidated net loss of Rs 13.7 crore in Q1FY27, compared with Rs 18 crore a year earlier, while revenue from operations rose 33.8% year-on-year to Rs 592.1 crore. Adjusted EBITDA turned positive at Rs 8.9 crore, supported by strong growth in the emerging business, while core…

The Economic Times

Strong Start! Deepa Jewellers shares list at 25% premium over IPO price

Deepa Jewellers made an impressive debut on Dalal Street, launching with a 25% premium after its shares were priced at Rs 177 each. The public offering attracted overwhelming interest, evident by a staggering 42.61 times subscription. With plans to bolster working capital and inventory, Deepa Jewellers also reported a notable…

The Economic Times

Kanohar Electricals' Rs 1,055 crore IPO opens with 31% GMP. Should you subscribe?

The Kanohar Electricals IPO opened today, September 8, 2026, and will remain accessible for a span of three days. This book-built offering, valued at Rs 1,055.74 crore, includes both fresh shares and an offer for sale. Proceeds from the IPO are earmarked for enhancing capital expenditure and meeting working capital…

The Economic Times

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Rays of Belief shares make flat market debut, list at IPO price of Rs 239

Rays of Belief Ltd shares debuted flat at Rs 239 on September 8, matching the IPO price. The Rs 125 crore IPO saw overwhelming subscription across all investor categories. The company plans to use IPO proceeds for expanding learning infrastructure and technology upgrades. Financials show strong revenue growth but a…

The Economic Times

Prasol Chemicals mobilises Rs 150 cr from anchor investors ahead of IPO

Prasol Chemicals has raised nearly Rs 150 crore from anchor investors ahead of its Rs 500-crore IPO, which opens on September 8. The speciality chemicals maker allocated shares at Rs 676 each to investors including Tata Mutual Fund, Kotak Mahindra Mutual Fund and Aditya Birla Sun Life Insurance.

The Economic Times

SRK, Madhuri Dixit-backed Purple Style Labs makes weak D-Street debut. Should you buy?

Purple Style Labs commenced trading on Monday at a discount, despite its initial public offering being fully subscribed. The acquisition of Pernia's Pop-Up Shop in 2018 played a role in the considerable revenue growth from FY20 to FY24. Nevertheless, analysts caution investors regarding the expanding losses and the company's currently…

The Economic Times

IFCI shares rally 6%, turn multibagger as NSE IPO gets SEBI nod. More upside ahead?

IFCI shares rallied 6% after Sebi approved NSE’s much-awaited IPO, clearing a key hurdle for the exchange’s listing. IFCI has indirect exposure to NSE through its majority stake in Stock Holding Corporation of India. The stock has surged over 500% in three years, with analysts seeing further upside.

The Economic Times

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IPO pile-up swells to Rs 4.67 lakh crore: Will money move from Sensex, Nifty to primary markets?

India's primary market is gearing up for a significant evolution, marked by a thriving IPO pipeline. With a stunning Rs 4.67 lakh crore poised from both approved and submitted IPOs, companies are eager to connect with investors. As capital reallocates towards quality and reasonable valuations, the success of key IPOs…

The Economic Times

ESDS Software extends post-IPO rally, hits 20% upper circuit. Choice Equities sees more upside

ESDS Software Share Price: ESDS Software Solution shares extended their post-listing rally, hitting the upper circuit after a strong IPO debut. The stock has surged sharply above its Rs 429 issue price, while Choice Institutional Equities has initiated coverage with a Buy rating and a Rs 1,550 target, citing strong…

The Economic Times

Steamhouse IPO sets price band at Rs 77–81; Rs 414 crore issue to open on September 9

The SteamHouse India IPO will open for subscription on September 9 and close on September 11, targeting Rs 414 crore through a fresh issue and an offer for sale. The IPO set a price band of Rs 77–81 per share, requiring investors to bid for a minimum of 185 shares.

The Economic Times

Pranav Constructions IPO subscribed over 5 times on Day 1. GMP signals 36% upside. Should you subscribe?

Pranav Constructions IPO saw strong investor demand, oversubscribing 5.69 times on the first day. The issue is commanding a 36% premium in the grey market, indicating potential listing gains. The company plans to use IPO proceeds for redevelopment expenses and debt repayment. Pranav Constructions has a portfolio of 65 projects…

The Economic Times

Why did market fall today despite positive fundamentals? 5 reasons why Sensex fell 383 points, Nifty ended below 23,800

Indian benchmark indices extended their four-week losing streak on Monday as escalating US-Iran tensions, surging crude oil prices, rising US rate-hike bets, elevated bond yields and continued FII selling weighed on investor sentiment. IT stocks led the decline, with Infosys among the top losers.

The Economic Times

Apana Logistics IPO opens today: Check GMP, price band, lot size and key details

Apana Logistics IPO opens for subscription on September 7, with the Rs 34.14 crore fixed-price issue priced at Rs 60 per share. The IPO has a lot size of 2,000 shares, while the grey market premium stands at Rs 3, indicating a potential listing price of Rs 63. The company…

The Economic Times

Three SME IPOs to list today: Ashutosh Fibre, Shanti Inorganics see GMPs above 60%

Investor interest is particularly strong in the two NSE SME issues, with Ashutosh Fibre and Shanti Inorganics commanding healthy grey market premiums (GMPs) ahead of their listings.

The Economic Times

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The Economic Times

Purple Style Labs shares list at 7% discount to IPO price on NSE

The Rs 680-crore IPO, which opened for subscription on August 31 and closed on September 2, was subscribed 1.29 times overall. Retail investors led the demand, with their portion subscribed 1.57 times, followed by qualified institutional buyers (QIBs), whose quota was subscribed 1.44 times. The non-institutional investor (NII) category was…

The Economic Times

Unicorn NoBroker aims to be profitable in 8-10 months; FY26 revenue crosses Rs 1,000 crore: CEO

NoBroker.com cofounder and CEO Amit Kumar Agarwal said the company's entire focus is currently on becoming profitable, and it is not looking at raising funds from its investors or launching an initial public offering (IPO) at this stage.

The Economic Times

IPO-bound Rentomojo pins growth on 'hard-to-copy' supply chain moat

Rentomojo’s moat lies in its complex rental model, which combines subscriptions, asset ownership, logistics, collections and refurbishment. With 2.5 lakh active subscribers and strong repeat business, the company is scaling ahead of its Rs 1,255.6 crore IPO, backed by improving profitability and access to credit.

The Economic Times

Rs 7,200 crore IPO rush: 16 new issues, 8 listings to keep investors occupied this week

India's bustling primary market is gearing up for an exciting week ahead, with a staggering sixteen public offerings lined up. These IPOs, collectively valued at over Rs 7,280 crore, promise to draw significant investor interest. Major players like Rentomojo and Kanohar Electricals are at the forefront. With investor confidence on…

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The Economic Times

SBI to hire 12,000 personnel, add 250 branches during FY27: Chairman Setty

State Bank of India plans to hire approximately twelve thousand personnel this financial year. The bank also intends to expand its network by adding around two hundred fifty new branches. SBI and its subsidiary will dilute up to one percent stake in the National Stock Exchange. This divestment is part…

The Economic Times

Anthropic delays its IPO plans, listing expected in November

Anthropic has delayed its initial public offering marketing to mid-October at the earliest, with completion targeted just before the US midterm elections in November. The potential $2 trillion AI listing was pushed back as the company works to finalise a $15 billion credit facility and release its prospectus.

The Economic Times

Karamtara Engineering IPO: Check opening dates, GMP, price band and other details

Karamtara Engineering has set its Rs 875 crore IPO price band at Rs 241-254, with subscription opening September 9. The renewable energy and transmission products maker reported strong FY26 growth, while its diversified manufacturing portfolio supports expansion across global markets.

The Economic Times

Shein seeks fast-fashion deals to spur growth

Armed with $15 billion in cash, according to its prospectus, plus another $1.74 billion raised in the IPO, it is primed for an acquisition-driven phase as it seeks to recover from stalled sales growth.

The Economic Times

NSE IPO gets Sebi approval: 10 important points investors should know as D-Street debut inches closer

NSE’s IPO moved closer to launch after Sebi approved its draft offer document, with the proposed Rs 30,000-crore issue likely to list on BSE. The OFS could involve nearly 6% stake, with several shareholders selling. Strong financials, dominant derivatives market share and premium unlisted valuation make it a closely watched…

The Economic Times

How the rise of institutional investors is changing the IPO playbook

India’s IPO market is evolving beyond capital raising, with mutual funds, AIFs, insurers, global institutions and family offices driving deeper participation. Growing institutional selectivity highlights the need for sharper price discovery, better segmentation and a potential micro-cap category.

The Economic Times

Anthropic IPO launch shifts toward mid-October, sources say

The artificial intelligence company had been expected to make its IPO prospectus public as early as next week, two of the ‌people said, a ⁠crucial ⁠step that would kick off the final stages of the offering. Now that is not expected until late September, the people added, cautioning that the…

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