Kanohar Electricals Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), marking a key step toward its proposed Initial Public Offering (IPO). The company plans to raise funds through a 100% book-built issue, comprising a fresh issue of equity shares and an Offer for Sale (OFS) … Read more
In a significant development for the Indian capital markets, SEBI has issued observation letters to 13 companies during the week ending January 23, 2026, paving the way for their upcoming public offerings. Among these, two companies—Jay Jagdamba Limited and Hella Infra Market Ltd.—have filed under the confidential (pre-filing) route, while the remaining 11 companies are … Read more
Global private equity major Blackstone is reportedly evaluating an initial public offering (IPO) of its portfolio company PGP Glass in India, with the proposed issue size estimated at around $500 million (₹4,150 crore). The discussions are said to be at an early stage, and the company is yet to file draft papers with the market … Read more
Mahindra Group is preparing the ground for a potential public listing of its electric three-wheeler business, with an IPO timeline that could extend up to 2027, according to comments made by Group MD & CEO Anish Shah told Moneycontrol in Davos. The development is being closely tracked because India’s last-mile mobility segment—especially electric three-wheelers—has become … Read more
PhonePe Updated DRHP Filed With SEBI — fintech major PhonePe Limited has submitted an Updated Draft Red Herring Prospectus (UDRHP) to SEBI, indicating fresh progress in its IPO journey. As per the document, the filing is dated January 21, 2026, and the proposed issue is a 100% book-built offer. PhonePe (earlier known as PhonePe Private … Read more
Jio Platforms IPO 2026: India’s Biggest Listing on the Horizon Reliance Industries’ digital and telecom arm, Jio Platforms Ltd, is preparing for what could become the largest IPO in Indian stock market history, drawing tremendous interest from global investors and analysts alike. The company’s public offer, expected in the first half of 2026, marks a … Read more
EAAA India Alternatives Limited, formerly known as Edelweiss Alternative Asset Advisors Limited, has re-filed its Draft Red Herring Prospectus (DRHP) with SEBI in January 2026. The new filing comes nearly a year after the company’s earlier IPO plan was withdrawn in March 2025. The fresh DRHP reveals no change in the issue structure — it … Read more
PhonePe IPO Update: SEBI Nod, Valuation Expectations and What Comes Next Fintech major PhonePe has once again come into focus as reports suggest that the company has received regulatory approval from the Securities and Exchange Board of India (SEBI) to proceed with its initial public offering (IPO). If confirmed through official filings, this could pave … Read more
Advanta Enterprises Ltd, which is a subsidiary of UPL Ltd, has officially filed its Draft Red Herring Prospectus (DRHP) with SEBI for its upcoming IPO. This filing is an important step in the company’s plan to enter the Indian stock market. After the DRHP submission, SEBI will review the document and may ask for clarifications … Read more
Clean Max Enviro Energy Solutions Ltd, a renewable energy company backed by global asset manager Brookfield Corp, is planning to launch its initial public offering (IPO) in India after the Union Budget, according to a Bloomberg report. While the company continues to move ahead with its listing plans, it has decided to substantially reduce the … Read more
