Latest IPO News, Filing Updates & Launch Details

SMPP has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise Rs 4,000 crore through an initial public offering (IPO). The IPO comprises a fresh issue of equity shares aggregating up to Rs 580 crore and an offer for sale (OFS) of equity shares worth up to Rs 3,420 crore by promoter Shiv Chand Kansal.

Integrum Energy Infrastructure has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The IPO comprises a fresh issue of up to 49.50 lakh equity shares and an offer for sale (OFS) component of up to 5.40 lakh equity shares by promoters -- Shyam Sundar Maheshwari and Shipra Goel.

Sagility India has received the Securities and Exchange Board of India’s (SEBI's) approval to float an initial public offering (IPO). The company’s proposed IPO is entirely an offer for sale (OFS) of 98.44 crore shares by promoter Sagility BV. Since it is an OFS, the Bengaluru-based company will not receive any proceeds from the public issue, and the entire fund will go to the selling shareholders.

Senores Pharmaceuticals has received the Securities and Exchange Board of India’s (SEBI's) approval to float an initial public offering (IPO). The Ahmedabad-based company's IPO is a combination of fresh issuance of shares worth Rs 500 crore and an offer for sale (OFS) of up to 27 lakh equity shares by promoters and other selling shareholders. 

National Securities Depository (NSDL) has received the Securities and Exchange Board of India’s (SEBI's) approval to float an initial public offering (IPO). NSDL's proposed IPO is a complete offer for sale (OFS) of more than 5.72 crore equity shares by shareholders, including National Stock Exchange of India (NSE), State Bank of India (SBI), and HDFC Bank. The clearance from the SEBI came more than a year after the company submitted its preliminary IPO to the regulator in July 2023. The depository obtained Sebi's observation on September 30, 2024.