Explore the latest news, in-depth reports, and executive analysis tagged with #Initial Public Offering.
The Bengaluru-based company had confidentially submitted its draft red herring prospectus (DRHP) to the market regulator in June 2026.
The company reported revenue of $16.3 billion in the first half of 2026, compared with $1.2 billion in the corresponding period last year.
The fledgling proprietary components business, stiff competition in its core fan business, dependence on imports and continued losses could put greater scrutiny on the valuation Atomberg seeks through the IPO.
On the BSE, Moneyview opened at Rs 55.61 per share, a 63.6% premium over the issue price of Rs 34.
Qualified institutional buyers (QIBs) drove the demand, subscribing to their portion 227.5x.
The listing followed NSE’s Rs 22,561 crore IPO, which was subscribed 5.71 times.
The anchor book saw participation from large domestic mutual funds including SBI Mutual Fund, HDFC Mutual Fund and ICICI Prudential Mutual Fund, among others.
The IPO marks the end of NSE’s nearly decade-long wait to go public, after its first IPO attempt in 2016 was stalled by regulatory proceedings.
The IPO will open on September 24 and close on September 28, while the anchor investor round is scheduled for September 23.
Life Insurance Corporation of India (LIC) emerged as the largest anchor investor, picking up shares worth Rs 400 crore.
Earlier this year, other lending companies such as Kissht and Aye Finance also cut their IPO size, as valuation concerns grew.
The IPO preparations come as InsuranceDekho continues to work on its merger with insurance distribution platform RenewBuy.
The Pune-headquartered company aims to raise Rs 750 crore through a fresh issue of shares.
The company allotted 2.61 crore equity shares to anchor investors at Rs 152 apiece, the upper end of its IPO price band.
The company has fixed the price band at Rs 144-152 per share for the issue.
The Bengaluru-based payments firm is planning to raise around $600-700 million through its proposed public offering at a valuation of $5-6 billion.
New-age startup IPO class faces a reality check. Stocks have stumbled, yet early investors are cashing out.
The filing comes days after Anthropic raised $65 billion at a valuation of $965 billion, making it the world's most valuable AI startup ahead of OpenAI.
The company's IPO, which opened last week, was subscribed over nine times overall.
Concerns around Shiprocket profitability, the still-evolving nature of its emerging business, heavy dependence on vendors continue to weigh as it prepares for IPO.
