News

Cult.fit receives Sebi approval for proposed IPO

Cult.fit has received Sebi observations for its proposed IPO, comprising a fresh issue of up to Rs 950 crore and an offer for sale. Revenue rose 36.26% in FY26, while adjusted EBITDA margin improved significantly as fitness operations expanded nationwide.

Will Ambani's all-fresh Jio sale prove to be a masterstroke for investors?

Reliance Jio is set to roll out an ambitious Rs 30,213 crore IPO featuring solely new equity shares, not existing ones. In light of mixed results from recent Indian IPOs, this move aims to cut down Jio's debt while bolstering its financial standing. The company's IPO, valued at Rs 10.

HD Fire Protect IPO allotment likely today; GMP at 30%. Here's how to check status

HD Fire Protect IPO allotment status is expected today following a massive 131.70 times subscription. The Rs 712.31-crore public issue commands a 30% grey market premium. Investors can check allotment status online via the registrar MUFG Intime India, BSE, and NSE websites ahead of its scheduled October 21 listing.

Zetwerk Manufacturing Business IPO Day 2: GMP at 9%; Check subscription status, and key details

Zetwerk Manufacturing Business’ IPO entered its second day of bidding on October 16 after garnering 23% subscription on Day 1. The retail category was subscribed 22%. The IPO’s grey market premium stood at 9%, suggesting potential listing gains, though GMP is unofficial and does not guarantee listing performance.

Tonbo Imaging India IPO Day 2: GMP at 71%, issue subscribed 4x; Check key details

Tonbo Imaging India’s Rs 852.18 crore IPO received four times subscription on Day 1, supported by strong institutional demand and a 71% grey market premium. The defence technology company’s offer-for-sale coincides with declining FY26 revenue and profits, despite its specialised imaging systems and international defence presence.

Fusion CX IPO Day 3: Issue subscribed 4.4 times. Check GMP, other details

Fusion CX has witnessed substantial investor interest in its IPO. The company's shares were oversubscribed by 4.45 times, reflecting strong participation from different investor categories. Market analysis indicates a grey market premium, suggesting favorable expectations for its listing price. Proceeds from the IPO will be utilized for debt repayment, IT upgrades, and potential acquisitions.

Sahajanand Medical Technologies IPO Day 2: Check GMP, subscription status and key details

Sahajanand Medical Technologies IPO entered Day 2 on October 16, 2026, with a 12% GMP and 34% subscription on Day 1. The Rs 475.48-crore offer for sale is priced at Rs 327-344 per share. PAT surged 175% to Rs 69 crore in FY26 amid steady revenue growth.

Bonfiglioli Transmissions IPO Day 2: GMP at 24%; Check subscription status. Should you subscribe?

Bonfiglioli Transmissions IPO entered Day 2 with a 24% GMP and 48% overall subscription on Day 1. The Rs 2,533.66-crore offer for sale is priced at Rs 558-586 per share. Anand Rathi assigned a "Subscribe for Long Term" rating, citing growth in automation despite fully valued pricing metrics.

Jio IPO priced accessibly, proceeds to help clear $3 billion net debt: Isha & Akash Ambani

Jio Platforms has set an IPO price band of ₹1,065 to ₹1,119 per share. The company plans to raise around ₹30,000 crore during its initial public offering. Isha Ambani emphasized pricing the IPO accessibly for ensuring long-term shareholder value. Funds from the IPO will be used to reduce debt and support future growth initiatives. Jio's listing is expected to make RIL Group India's largest conglomerate by market capitalization.

Can Bonfiglioli Transmissions IPO deliver long-term growth for high-risk investors?

Bonfiglioli Transmissions aims to raise Rs2,534 crore through an upcoming offer for sale. The promoter group's stake will reduce from 100% to 77% post-IPO. The company has market leadership in various sectors, including industrial automation and construction. Revenue and net profit have shown significant growth in recent years, indicating strong financial performance. Investors with a high-risk appetite may consider participating in the IPO.

Jio IPO Bonanza: How global investors’ stakes have grown since 2020

Meta-backed Jaadhu Holdings, which acquired a 9.98% stake in Jio Platforms for around Rs 43,574 crore in 2020, now holds shares valued at around Rs 99,846 crore at the IPO price. Google, which invested around Rs 33,737 crore for a 7.73% stake, has seen the value of its holding rise to around Rs 77,307 crore.

Where Jio stands among telecom peers: A look at the key numbers

Jio Platforms is gearing up for what is set to be India's biggest initial public offering, aiming to raise as much as Rs 30,213 crore. Once listed, Jio is projected to become one of the top five companies in market value.

Jio’s mega IPO draws strong interest from global funds

Investors that have shown interest in the anchor book include the Government of Singapore Investment Corporation (GIC), Fidelity, Norway's Government Pension Fund Global, New World Fund Inc and Smallcap World Fund Inc, besides those cited above, the people said.

Pernod Ricard India sales grow 19% in Sept qtr; IPO plan awaits board approval

Pernod Ricard has demonstrated remarkable sales growth of 19 percent in India for the September quarter, driven by strong market demand and ongoing premiumisation trends. The company's preparatory measures for a potential IPO have positively influenced sales. Despite declines in the US and China, India remains a focal market. The final decision on the IPO awaits board approval.

What Akash Ambani said on Jio tariff hikes ahead of record IPO launch

Akash Ambani said Jio can raise mobile tariffs but prefers growing revenue through digital services, broadband and enterprise solutions. Ahead of its Rs 30,213 crore IPO, Jio aims to expand margins and connect 100 million homes.

Jio IPO: Valuation, GMP & Key Numbers of Ambani’s Telecom Giant Decoded

Paras Healthcare fixes IPO price band at Rs 660-693; issue opens on Oct 21

Paras Healthcare has set its IPO price band at Rs 660-693 per share, targeting Rs 1,450 crore. Opening October 21, the issue will fund debt repayment and corporate needs, supporting expansion across its hospital network in India.

Jio Platforms IPO | Akash and Isha Ambani speak at Jio Press Conference

Jio IPO: Akash Ambani says Rs 30,213 crore issue will push company towards net debt-free status

Jio Platforms plans to use IPO proceeds of up to Rs 27,500 crore to repay borrowings and move towards net debt-free status. Akash Ambani also highlighted opportunities in India's projected $1.4 trillion digital economy by FY31.

Reliance Jio IPO: With tech muscle, Akash Ambani makes $1.4 trillion digital economy pitch to investors

Akash Ambani is positioning Jio Platforms to capture a significant share of India’s projected $1.4 trillion digital economy by FY31. Ahead of its Rs 30,213 crore IPO, he highlighted 7,200 patents, 5G leadership and technology partnerships.

Marine Drive was lit up for Reliance IPO: Uday Kotak recalls Dhirubhai Ambani’s market legacy amid Jio IPO

Jio's upcoming IPO will surpass previous records, signaling a remarkable development in Reliance Industries' history. Uday Kotak reflects on the past influence of Dhirubhai Ambani's public offerings from decades ago. The offering will represent a crucial advancement in India's digital transformation and consumer access to data. Reliance's focus is shifting towards digital services and new-age business models as it continues to dominate the market.

October 13 or 14? What was the deadline to buy RIL shares for Jio IPO reservation?

Reliance Industries shareholders had to buy shares by October 13 to qualify for Jio Platforms’ Rs 2,500 crore shareholder quota. The IPO opens October 21, with shares priced at Rs 1,065-1,119 and listing expected October 28.

Sebi preparing fresh round of reforms in IPO market, short-selling rules: Chairman

Sebi is planning comprehensive reforms covering IPO disclosures, SME listings, corporate bond trading, and short-selling rules to ease compliance and safeguard investors. Speaking in Mumbai, Chairman Tuhin Kanta Pandey also outlined key initiatives, including Demat 2.0 for tokenised bonds, an AI sandbox, and streamlined onboarding for foreign portfolio investors.

Jio Platforms IPO: How Reliance, Meta, Google and other investors’ stakes will change post the offer

Jio Platforms’ Rs 30,213 crore IPO will dilute the percentage stakes of existing investors, including Reliance Industries, Meta and Google, while leaving their share counts unchanged. At the upper end of the price band, Jio is expected to be valued at Rs 10.3 lakh crore, more than double the valuation at which most investors entered in 2020.

Reliance Jio IPO at Rs 10 lakh crore valuation: What analysts see in the price band

Reliance Jio has announced its IPO price range, setting it between Rs 1,065 and Rs 1,119 per share. With a massive valuation of around Rs 10.3 lakh crore, this IPO stands as the largest in Indian history. While analysts believe the valuation is reasonable, they warn that anticipated growth may already be priced in.

Race for Jio IPO bidding: Can you buy RIL shares now to access Rs 2,500 crore shareholder quota?

Reliance Jio has fixed a record date of October 14, 2026, for eligible shareholders of Reliance Industries. This date will determine who can apply for the reserved shares under the shareholder quota. The IPO aims to raise approximately Rs 30,213 crore through fresh equity shares. Eligible investors must apply under the normal IPO process and select the shareholder category.

Fusion CX IPO Day 2: Issue fully subscribed at 1.1x; GMP at 12%. Check key details

Fusion CX IPO witnessed good demand, receiving bids for more shares than available in the second subscription day. The grey market premium suggests potential listing gains, indicating positive investor sentiment. The company aims to raise Rs 702 crore with fresh and offer-for-sale shares. According to analysts, the valuation appears reasonable compared to similar industry peers. The IPO proceeds will primarily support debt repayment and IT upgrades.

HD Fire Protect IPO Day 3: GMP at 33%, Day 2 subscription soars to 131 times; check key details

HD Fire Protect's IPO has garnered significant interest, receiving bids significantly surpassing the available shares on offer. The grey market premium indicates positive expectations regarding the stock's performance upon listing. Financial details show strong growth in both revenue and profit following the company's operations. The retail segment, especially, has shown robust participation in this offering process.

Tonbo Imaging India IPO opens for subscription; GMP signals 71% listing gain. Check key details

Tonbo Imaging India’s IPO opened for subscription October 15, 2026, aiming to raise Rs 852.18 crore through an offer for sale. With a 71% grey market premium, listing gains are anticipated. The IPO is entirely an offer for sale (OFS) of 1.22 crore shares, meaning the company will not receive any proceeds from the issue. The defence technology company operates across 24 countries, specialising in advanced imaging and surveillance systems.

Sahajanand Medical Technologies IPO opens for subscription. Check GMP, price band and key details

Sahajanand Medical Technologies IPO opened for subscription on October 15, 2026, aiming to raise Rs 475.48 crore through an entirely offer-for-sale issue. The price band is set at Rs 327-344 per share, with a lot size of 43 shares. The issue commands a 12% grey market premium.

Jio IPO Prospectus: Key takeaways for investors

Jio Platforms has expressed concerns regarding potential competition from satellite broadband which could undermine their advantages. Rising inflation may put pressure on profit margins, making it harder to adjust pricing accordingly. The company highlighted important challenges related to customer acquisition and retaining average revenue per user for sustainable growth. Cybersecurity risks pose additional threats to operational integrity and overall reputation.

Shellz India SME IPO opens for subscription today: Check price band and key details

The company has fixed the price band for its IPO at Rs 170–179 per share. The lot size is 800 shares. At the upper end of the price band, the minimum investment required for a retail investor applying for two lots, or 1,600 shares, is Rs 2,86,400.

Zetwerk's Rs 5,012 crore IPO opens for subscription; GMP signals 15% listing gain, check details

The Rs 5,012.33-crore IPO comprises a fresh issue of shares worth Rs 2,830 crore and an offer for sale (OFS) of 14.45 crore shares valued at approximately Rs 2,182 crore.

IPO Feast: 6 issues including Tonbo Imaging, Bonfiglioli & Fusion CX available for subscription; check GMP, other details

Of the six issues, four new IPOs, namely Tonbo Imaging India, Zetwerk Manufacturing Business, Bonfiglioli Transmissions and Sahajanand Medical Technologies, open for subscription today. HD Fire Protect enters the final day of its bidding window, while Fusion CX moves into the second day of su

Tonbo Imaging IPO: Can defence sector tailwinds offset weak financials?

Tonbo Imaging is set to raise ₹852 crore as it approaches the stock exchanges. The company is expected to benefit from rising demand for advanced defence technologies. However, it has faced revenue declines due to international order delays. Its profit and return on equity have also decreased amid these challenges. Valuation metrics indicate a premium compared to industry peers, indicating potential investor caution.

Can Zetwerk Manufacturing IPO deliver long-term growth for high-risk investors?

Zetwerk Manufacturing is planning to raise ₹2,830 crore through an IPO while also aiming for ₹2,182 crore from an offer for sale. The company, which was incorporated in 2017, has various clients and operates a universal factory model. Although revenue grew significantly, the operating margin remained thin and net losses increased in recent years. Investors are cautious due to rising debt and negative operating cash flow trends.

Sebi plans to ease many SME IPO rules, lower application amount

Securities and Exchange Board of India is proposing changes to initial public offering regulations for small and medium enterprises. The changes aim to reduce the overall costs associated with raising capital through IPOs. Proposed improvements include lowering the minimum application amount and easing underwriting requirements. Companies with certain market capitalisation thresholds could benefit from these new regulations.

Jio Platforms files red herring prospectus for India’s biggest public issue

Jio Platforms has filed the red herring prospectus for its initial public offering, aiming to raise ₹30,213 crore. The IPO includes a fresh sale of up to 270 million equity shares, with no offer for sale component. Parts of the proceeds will be used to prepay significant borrowings at Reliance Jio Infocomm. Eligible shareholders of Reliance Industries can apply for shares in this IPO.

Jio Platforms' grey market premium jumps to Rs 218 ahead of October 21 launch; price band set at Rs 1,065-1,119

Jio Platforms is experiencing a rise in grey market premium ahead of its initial public offering. The IPO is set to open on October 21 and will close on October 23. Reliance Industries has established a price band between ₹1,065 and ₹1,119 for the shares. Investors will be able to bid for a minimum of twelve shares and the issue size is approximately ₹30,213 crore.

BlackRock, SBI MF lead Tonbo Imaging’s Rs 255 crore anchor round ahead of IPO

Tonbo Imaging raised Rs 255 crore from anchor investors ahead of its Rs 852 crore IPO, allotting shares at the upper price-band limit of Rs 700. The entirely offer-for-sale issue will open on October 15 and close on October 19.

BlackRock, Goldman Sachs, Nomura among key investors as Zetwerk mops up Rs 2,251 crore in anchor bidding; IPO opens on Oct 15

Zetwerk Manufacturing Businesses raised Rs 2,251 crore from 99 anchor investors, including BlackRock, Goldman Sachs and Nomura, ahead of its IPO opening on October 15. The Rs 5,012 crore issue, priced at Rs 143–151 per share, comprises a fresh issue and an offer for sale. Subscription closes on October 19.

Jio IPO sparks investor buzz: GMP rises to 20% as Reliance’s telecom arm announces price band, dates

Jio Platforms’ IPO grey market premium climbed to Rs 220 after the company filed its red herring prospectus (RHP) on Wednesday. The GMP implies a nearly 20% premium over the upper price band of Rs 1,119. The Rs 30,213 crore IPO, opening on October 21 and closing on October 23, is set to surpass Hyundai Motor India’s 2024 offering to become India’s largest-ever public issue.

Jio IPO: 5 strengths that put the Reliance-backed digital giant in spotlight

Reliance Jio Platforms has highlighted five key strengths in its RHP ahead of its Rs 30,213 crore IPO, including strong revenue growth, profitability, a vast customer base, extensive network infrastructure and proprietary technology. The company also sees growth opportunities in fixed broadband, AI-led services, digital subscriptions and overseas technology monetisation.

IPO ahead! Paramotor Digital Technology files updated draft papers with Sebi for Rs 1,000 crore issue

Paramotor Digital Technology has filed updated draft IPO papers with Sebi for a Rs 1,000 crore issue, comprising a fresh issue of Rs 698 crore and an offer for sale of Rs 302 crore. The fintech company plans to use the proceeds primarily for customer acquisition, technology development and business expansion.

Jio announces price band for over Rs 30,000 crore IPO. Check key dates, GMP and other details

Jio has set the price band for its much-awaited IPO at Rs 1,065-1,119 per share. At the lower end of the price band, Jio Platforms could raise Rs 28,755 crore. At the cap price of Rs 1,119, the IPO size would rise to about Rs 30,213 crore.

Akash, Isha Ambani's birthday to mark close of Reliance Jio's mega IPO

Akash and Isha Ambani’s birthday on October 23 coincides with the closing day of Reliance Jio’s Rs 30,000 crore IPO. The listing marks a milestone for the telecom and digital business, which the twins have helped shape since its early years, as Jio prepares to enter India’s public markets.

Jio IPO to open on October 21: 10 things to know about the Rs 30,000 crore mega issue

Jio Platforms will open its Rs 30,000 crore IPO for subscription on October 21, with anchor investor bidding scheduled for October 19. The issue could become India’s largest-ever public offering, surpassing Hyundai Motor India’s record IPO. Here are 10 key details on issue size, dates, shareholder quota, financials and valuation.

Diwali offer for RIL shareholders! Reliance Jio sets aside Rs 2,500 crore shares in IPO reservation

Reliance Jio has reserved up to Rs 2,500 crore worth of shares for eligible Reliance Industries shareholders in its upcoming IPO. The quota offers RIL investors a direct route to apply for Jio Platforms shares. The IPO opens on October 21, with anchor investor bidding starting October 19.

Reliance Jio files RHP, announces IPO dates for India's biggest listing

Jio IPO: Reliance Jio has filed its red herring prospectus for an October 21-23 IPO, set to be India’s biggest public issue. The offering comprises 27 crore fresh shares, with reservations for Reliance Industries shareholders and employees. The company plans to use most of the proceeds to repay borrowings, while investors assess its valuation.

Exclusive | Countdown begins for the mother of all IPOs: Jio likely to file RHP today for record Rs 30,000 crore issue

Jio Platforms is set to file its RHP for a potential Rs 30,000-crore IPO, which could become India’s largest-ever share sale. The Reliance Industries subsidiary is expected to open the issue for subscription from October 21 to 23. The IPO may value Jio at up to Rs 10.3 lakh crore, with a likely price band of Rs 1,065–1,119 per share. Existing investors are not expected to sell their stakes.