UNBELIEVABLE: 27 - The Untold Story

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 · Sep 7

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 · Sep 7

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 · Sep 7

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 · Sep 7

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 · Sep 6

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 · Sep 6

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…

The Economic Times · Sep 6

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 · Sep 6

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 · Sep 6

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 · Sep 5