IPO

Mumbai, February 23, 2026: Clean Max Enviro Energy Solutions Limited, which will list under the symbol CLEANMAX, has opened its ₹3,100 crore initial public offering for subscription today, February 23. The issue closes on February 25, 2026, with listing scheduled for March 2, 2026. Ahead of the public subscription, the company mobilised ₹920.99 crore from anchor investors by allocating 87,46,437 equity shares at ₹1,053 per share, the upper end of the price band, as detailed in its exchange intimation dated February 20, 2026. The IPO is priced in the band of ₹1,000 to ₹1,053 per share with a face value of ₹1 each. IPO Structure and Key DetailsParticularsDetailsIssue PeriodFebruary 23 to February 25, 2026Price Band₹1,000 to...

Gaudium IVF and Women Health Ltd has announced a price band of ₹75 to ₹79 per equity share for its ₹165 crore initial public offering, marking a significant milestone for the fertility services provider.At the upper end of the price band, the company is valued at approximately ₹575 crore.IPO Timeline and Structure The public issue will open for subscription on February 20 and close on February 24. The bidding for anchor investors is scheduled to take place on February 18. The company is set to list on the stock exchanges on February 27.The IPO comprises:A fresh issue of 1.14 crore equity shares An offer for sale of nearly 95 lakh equity shares by promoter Manika KhannaThe current structure reflects a higher promoter stake...

Clean Max IPO Poised to Unlock Significant Wealth for Promoters and Early Investors Rs 1,000 to Rs 1,053 Price Band Values Clean Max at Over Rs 12,000 Crore Clean Max Enviro Energy Solutions Ltd is heading to the primary market with an IPO that is set to substantially enhance the wealth of its promoters and early backers. The company has fixed a price band of Rs 1,000 to Rs 1,053 per share, translating into a valuation of around Rs 12,029 crore at the upper end.As per the red herring prospectus, the weighted average cost of acquisition of equity shares transacted in the past year stood at around Rs 681 per share. The IPO will open for subscription on February 23 and close on February 25. The anchor book will open on February 20, the...

Aye Finance IPO Listing: Stock Opens at Par on NSE and BSE New Delhi, February 16: Shares of non-banking financial company Aye Finance made a flat debut on the stock exchanges on Monday, listing at Rs 129 per share, in line with the upper end of its issue price band.The stock opened at Rs 129 on both the NSE and the BSE. However, shortly after listing, it slipped 3.17 per cent to trade at Rs 124.91 on the NSE.Following its market debut, the company’s market capitalization stood at Rs 3,079.87 crore on the NSE.Broader Markets Trade Higher The listing took place on a day when benchmark equity indices were trading in positive territory. The 30 share BSE Sensex advanced 165.32 points, or 0.20 per cent, to 82,792.08 in morning trade...

Fractal Analytics IPO Listing: Stock Opens Below Issue Price on NSE New Delhi, February 16: Shares of Fractal Analytics made a subdued debut on the stock exchanges on Monday, listing at a discount of nearly 3 percent to the issue price of ₹900.On the NSE, the stock opened at ₹876, marking a 2.67 percent decline from the IPO price. Selling pressure continued after listing, dragging the share price down by 4.94 percent to ₹855.55.On the BSE, however, the stock opened flat at ₹900 per share.Following the listing, the company’s market capitalisation stood at ₹14,839.73 crore on the NSE.Broader Markets Trade Higher The weak debut came even as benchmark equity indices traded in positive territory during the morning session.The 30...

Gurgaon, February 16, 2026: Sunrays Engineers Limited has filed its Draft Red Herring Prospectus for an initial public offering comprising a fresh issue of up to 32,64,000 equity shares of face value ₹10 each. The issue is proposed to be listed on the NSE Emerge platform. The IPO is a 100% book-built issue, with no offer for sale component. Up to 1,68,000 equity shares will be reserved for the market maker portion, while the balance will constitute the net issue to the public. Company Overview Incorporated in July 2005 and converted into a public limited company in September 2025, Sunrays Engineers operates from its registered office at IMT Manesar, Gurgaon, Haryana. The company has nearly two decades of experience in manufacturing...

Mumbai, February 16, 2026 (IST) – Fractal Industries Limited has opened its SME initial public offering for subscription today, with the company having already secured ₹13.93 crore through anchor investor allocation at the upper price band of ₹216 per equity share. The IPO, aggregating to 16,23,600 equity shares, is priced in the band of ₹205 to ₹216 per share, with a total issue size of approximately ₹35.07 crore at the upper band. The issue will close on February 18, 2026, and the shares are scheduled to list on February 23, 2026. Anchor Allocation: ₹13.93 Crore Raised at Upper Band In a communication dated February 13, 2026, the company informed BSE that its Board, in consultation with the Book Running Lead Manager, finalized...

Shares of Fractal Analytics are set to make their stock market debut on Monday, February 16, with grey market trends pointing to a muted start. The company, among the first pure-play Indian artificial intelligence firms to tap public markets, enters the bourses at a time when global AI sentiment remains volatile.Grey Market Signals Indicate Limited Upside The grey market premium for Fractal Analytics was quoted at ₹11, suggesting a likely discount of around 1.22 percent to the issue price. While grey market trends remain unofficial and speculative, they indicate that the stock may not see an aggressive listing surge.Analysts expect a measured opening rather than a sharp rally on debut.Shivani Nyati of Swastika Investmart said the...

Investors tracking the primary market will witness a fresh round of activity next week starting February 16, with three new initial public offerings and three stock market listings lined up. The upcoming IPO calendar remains active despite broader equity market nervousness linked to AI-led disruption fears and geopolitical tensions.Market observers said that shares of Fractal Analytics and Aye Finance are not commanding any premium in the grey market ahead of their listing.Three New IPOs to Open Next Week The week will feature one mainboard IPO and two SME public issues. While the total fund raising size for all three is not fully known, the combined issue size of the two SME IPOs stands at Rs 138 crore.Gaudium IVF & Women Health...

After a relatively subdued phase in the primary market, IPO activity is poised to gain momentum next week. Two new public issues are set to open for subscription, while three companies including Fractal Analytics and Aye Finance are scheduled to make their stock market debut.The renewed pipeline signals a gradual revival in primary market participation following a quiet stretch in recent weeks.Gaudium IVF & Women Health IPO Opens February 20 The key mainboard IPO to watch next week is Gaudium IVF & Women Health, which will open for subscription on February 20 and close on February 24. The company is expected to list on the BSE and NSE on February 27, with the allotment likely to be finalised on February 25.Ahead of its opening...

Ludhiana, February 14, 2026 (Saturday) – Happy Steels Limited has filed its Draft Red Herring Prospectus for an initial public offering of up to 38,50,000 equity shares of face value ₹10 each, marking its proposed listing on the SME platform of the National Stock Exchange. The public issue comprises a fresh issue of up to 38.5 lakh equity shares, with no offer for sale component. The price band will be decided in consultation with the book running lead manager prior to the opening of the issue. Issue SnapshotParticularsDetailsIssue TypeFresh IssueShares OfferedUp to 38,50,000 equity sharesFace Value₹10 per equity sharePre-Issue Equity Shares1,04,98,180 equity sharesPost-Issue Equity SharesTo be determined post...

Board Approves IPO Structure and Reconstitutes IPO Committee The board of the National Stock Exchange of India on Friday approved the launch of its long awaited initial public offering, marking a significant milestone in the exchange’s listing journey. The proposed IPO will be conducted entirely through an offer for sale by existing shareholders, with no fresh issue component involved.The approval follows the recent no objection certificate granted by the Securities and Exchange Board of India, which has enabled the exchange to move ahead with its listing plans after more than a decade of delays.At the same meeting, the NSE board approved the reconstitution of its IPO Committee to oversee and facilitate the execution of the public...

IPO to Open on February 9, Anchor Book on February 6 Artificial intelligence solutions provider Fractal Analytics has fixed a price band of Rs 857 to Rs 900 per equity share for its upcoming initial public offering, valuing the company at nearly Rs 15,500 crore.The Rs 2,834 crore public issue will open for subscription on February 9 and close on February 11. The anchor investor bidding is scheduled to take place on February 6. The company is set to make its stock market debut on February 16.IPO Size Scaled Down From Earlier Plan Fractal has reduced the size of its IPO from the Rs 4,900 crore it had proposed earlier in its draft papers filed in August.The revised issue comprises a fresh equity issue aggregating up to Rs 1,023.5...

IPO Size, Valuation, and Key Dates Aye Finance has announced the launch of its Rs 1,010 crore Initial Public Offering, with the issue opening for subscription on February 9 and closing on February 11. The non-banking financial company has fixed a price band of Rs 122 to Rs 129 per equity share, valuing the company at Rs 3,184 crore at the upper end of the band.Bidding for anchor investors will open on February 6. The company is scheduled to list its shares on the BSE and NSE on February 16.Issue Structure and Utilisation of Proceeds The IPO comprises a fresh issue of equity shares aggregating up to Rs 710 crore along with an Offer For Sale of up to Rs 300 crore by existing shareholders.The net proceeds from the fresh issue will be...

Eight companies, including Eldeco Infrastructure and Properties and Associated Power Structures, have received approval to raise funds through initial public offerings, according to a regulatory update released on Friday.Companies Receiving IPO Clearance The other companies that secured approval include HD Fire Protect Ltd, Xtranet Technologies, Parijat Industries India Ltd, Rotomag Enertec, CSM Technologies, and AITMC Ventures Ltd.The eight companies had filed their preliminary IPO papers between September and October and received observations between January 28 and January 30. In regulatory terms, these observations indicate clearance to proceed with a public issue.Eldeco Infrastructure and Properties IPO Structure Haryana based...

Regulatory Approval Marks Key Milestone for India’s Largest Stock Exchange Capital market regulator Securities and Exchange Board of India has granted a no objection certificate to the National Stock Exchange, allowing the country’s largest bourse to move forward with its long awaited initial public offering. A senior exchange official confirmed the development on Friday, bringing an end to nearly a decade of uncertainty surrounding the listing.IPO Plans Revived After Governance and Co Location Setback NSE’s listing plans have remained on hold since 2016, when it first filed draft offer documents to raise around Rs 10,000 crore through an offer for sale by existing shareholders. The regulator had withheld approval at the time due to...