IPO

Faridabad, January 10, 2026: Subscription for Day 2 of the Defrail Technologies Limited IPO is set to begin in a few hours today, with investors closely tracking whether demand broadens beyond the retail segment after a steady opening day response. The ₹14 crore SME IPO, which opened on January 9 and will close on January 13, had ended its first day with an overall subscription of 0.74 times, supported primarily by retail participation. The issue is scheduled to list on the BSE SME platform on January 16, 2026. Day 1 Recap: Retail Leads, Others Await Turn By the end of Day 1 bidding, Retail Individual Investors had subscribed their portion 1.22 times, emerging as the strongest participating category. In contrast, Non-Institutional...

New Delhi, January 12, 2026 – Rodec Pharma Limited has filed its Draft Red Herring Prospectus for an initial public offering, marking its entry into the primary market through a 100 percent book-built issue. The proposed public issue is entirely an offer for sale of up to 56.50 lakh equity shares with a face value of ₹10 each, to be divested by promoter and managing director Mukesh Kumar Gupta.The equity shares are proposed to be listed on the BSE and NSE, with the designated exchange to be finalised closer to the offer opening. The company has already received in-principle approvals for listing on both exchanges.IPO Structure and Offer Details The IPO does not include a fresh issue component. As a result, Rodec Pharma will not...

A busy week is underway for the primary market as six companies are launching their Initial Public Offerings worth over Rs 2,000 crore starting January 12, with five firms also scheduled to list during the same week.The IPO pipeline includes one mainboard issue and five SME offerings, reflecting sustained investor interest across segments.Amagi Media Labs to Lead Mainboard IPO Activity Among the six, Amagi Media Labs, a Bengaluru-based SaaS company backed by Premji Invest, Accel, and Norwest Venture Partners, is the only mainboard IPO this week.The Rs 1,789 crore public issue opens on January 13 and closes on January 16, with a price band of Rs 343 to Rs 361 per share. The offer comprises a fresh issue of equity shares worth Rs...

Mumbai, January 12, 2026: Subscription for the initial public offering of Bharat Coking Coal Limited resumes today as markets reopen after the weekend break. The IPO had closed Day 1 (Friday, January 9) with robust demand across investor categories, ending the session at an overall subscription of 8.09 times.With no bidding activity on Saturday and Sunday due to market holidays, today marks the second active day of bidding, with investor focus now shifting to institutional participation and movement in cut-off bids.Day 1 Subscription Recap At the end of the first day of bidding, the IPO received bids for 280.61 crore equity shares against an issue size of 34.69 crore shares.Retail Individual Investors (RII): Subscribed 9.26 times...

IPO Plans and Growth Roadmap Techno Paints and Chemicals is planning to raise Rs 500 crore through an initial public offering in the next financial year, as the Hyderabad based paint manufacturer steps up its expansion strategy. The proposed IPO is expected to support capacity growth, market expansion, and brand building initiatives as the company prepares for a larger national and international footprint.Sachin Tendulkar Appointed as Brand Ambassador The company has appointed Sachin Tendulkar as its brand ambassador for a period of three years. With this association, Techno Paints aims to strengthen its national presence and improve brand recall across existing and new markets.Akuri Srinivas Reddy, Chairman of Techno Paints and...

Issue Details and Timeline Gujarat based Narmadesh Brass Industries has announced that its ₹44.8 crore initial public offering will open for public subscription on the BSE SME platform on January 12. The IPO will remain open until January 15.The company has fixed the issue price at ₹515 per equity share. The shares are proposed to be listed on the BSE SME platform, with the tentative listing date set for January 20.Structure of the Public Issue The IPO comprises a fresh issue of up to 7 lakh equity shares along with an offer for sale of a little over 1.7 lakh shares. The combined issue size aggregates to approximately ₹44.87 crore.Utilisation of IPO Proceeds The net proceeds from the public issue will be used for multiple business...

Mumbai, January 9, 2026: Gabion Technologies India Limited (GTIL) has completed the IPO allotment process, and the company’s equity shares are scheduled to list on the stock exchange on January 13, 2026. The SME IPO, which closed for subscription on January 8, 2026, saw exceptionally strong investor participation across all categories. Following the finalisation of the basis of allotment, shares are being credited to the demat accounts of successful applicants, while refunds to non-allottees are being initiated as per the prescribed timeline. IPO Allotment Status Update The basis of allotment for the Gabion Technologies India IPO has been finalised. Investors who applied for the issue can now check whether shares have been allotted to...

Mumbai, January 10, 2026: Investors who participated in the initial public offering of Yajur Fibres Limited are now turning their attention to the allotment outcome, following the closure of the SME issue with an overall subscription of 1.31 times. The basis of allotment is expected to be finalised shortly, after which successful applicants will be able to verify their share allocation status through the BSE platform and the registrar’s website. The IPO, which received strong backing from retail investors, is scheduled for listing on the BSE SME platform, with trading expected to commence in the coming week, subject to completion of allotment and credit of shares. How to Check Yajur Fibres IPO Allotment Status on BSE Investors can check...

Mumbai, January 10, 2026 Shreedhar Spinners Limited has filed draft offer documents for its proposed initial public offering, marking its first move to access the public markets. The IPO will consist entirely of a fresh issue of up to 58,00,000 equity shares with a face value of ₹10 each, with the final issue size to be determined after price discovery. Issue Structure and Capital Details The public issue is structured through a book-building mechanism. Post-issue, the equity base will expand from the current 1,56,50,000 equity shares to a higher level depending on final allotment. The issue also includes a reservation for a market maker, while the remaining shares will be offered to public investors across institutional...

As many as five companies, including fintech platform OnEMI Technology Solutions and precision components manufacturer Indo MIM, have received approval to launch their initial public offerings, according to an update released on Friday.Along with these two firms, engineered fabric maker Kusumgar, spirits manufacturer Alcobrew Distilleries India, and textile company Aastha Spintex have also secured clearance for their IPO plans.Combined Fundraising Target Crosses Rs 3,000 Crore Collectively, the five companies are aiming to mobilise more than Rs 3,000 crore through their public issues. These firms had submitted their preliminary IPO documents between August and October and received approval observations between December 29 and...

Bengaluru, January 9, 2026 – Avana Electrosystems Limited has announced the details of its upcoming initial public offering, scheduled to open for subscription from January 12 to January 14, 2026, with equity shares set to list on January 19, 2026. The issue is priced in the range of ₹56 to ₹59 per share, with a total issue size of ₹35 crore. IPO SnapshotParticularsDetailsIssue OpensJanuary 12, 2026Issue ClosesJanuary 14, 2026Price Band₹56 – ₹59 per shareLot Size2,000 sharesMinimum Investment₹1,18,000Issue Size₹35 croreListing DateJanuary 19, 2026Anchor Book Fully Subscribed at ₹59 Ahead of the public issue, Avana Electrosystems has completed its anchor investor allocation, garnering ₹9.97 crore at the upper...

Faridabad, January 9, 2026: The initial public offering of Defrail Technologies Limited (DEFRAIL) witnessed a measured response on its opening day, with the issue subscribed 0.74 times by the end of Day 1 bidding on Friday, January 9. The IPO, which opened today and will close on January 13, saw stronger participation from retail investors, while institutional categories remained largely on the sidelines on the first day. Day 1 Subscription Snapshot (As of 5:00 PM)Category Shares Reserved Shares Bid Subscription (Times)Qualified Institutional Buyers (QIBs) 3,55,200 - 0.00Non-Institutional Investors (NII) 3,63,200 2,35,200 0.65Retail Individual Investors (RII) 6,24,000...

Mumbai, January 9, 2026: The initial public offering of Bharat Coking Coal Limited closed the first day of bidding on a strong note, with the issue subscribed 8.09 times as of 5:00 PM IST, according to cumulative data from BSE and NSE. The IPO received bids for 280.61 crore equity shares against the issue size of 34.69 crore shares, reflecting broad-based participation across investor categories.The public issue opened for subscription today and will remain open until January 13, 2026.LIC Anchor Investment Life Insurance Corporation of India has emerged as the single largest anchor investor in the IPO, investing ₹78.00 crore through the allotment of 3,39,13,200 equity shares at the upper end of the price band of ₹23 per share.The...

Mumbai, January 9, 2026: Investors who applied for the Gabion Technologies India Limited IPO are now tracking the allotment status, following the closure of the issue on January 8, 2026. The IPO drew an extraordinary response across investor categories, making allotment updates the key focus for applicants today. The allotment status becomes available after the basis of allotment is finalised, after which investors can check their status through the BSE website and the registrar’s portal. Below is a clear, step-by-step guide explaining how to check the allotment status using both routes. How to Check Gabion Technologies India IPO Allotment on BSE Use this link (plain text): https://www.bseindia.com/investors/appli_check.aspx StepsOpen...

Mumbai, January 9, 2026 – The SME initial public offering of Victory Electric Vehicles International Limited closed on Friday with a sharp pickup in demand during the final hours, ending the issue at 0.95 times subscription, just short of full coverage.The IPO, which opened on January 7 and closed today, received strong last-day participation, particularly from qualified institutional investors and retail bidders, significantly improving the overall subscription from 0.40x at the end of Day 2. Final Subscription Status (As of 17:58 hrs, January 9) By the close of bidding, the issue received bids for 80.28 lakh shares against an issue size of 84.30 lakh shares.CategoryApplicationsShares Bid ForQualified Institutional Buyers...

Yajur Fibres’ initial public offering has closed with an overall subscription of 1.31 times, supported by strong participation from retail investors and steady interest from high value non institutional bidders.Overall Subscription at Close As of 6:01 pm on January 9, the IPO received bids for 90.89 lakh shares against an issue size of 69.20 lakh shares. A total of 4,682 applications were recorded across investor categories by the end of the bidding period.Retail Investors Anchor the Issue The retail investor segment emerged as the largest contributor to demand, subscribing 1.51 times. Retail investors bid for 68.94 lakh shares against a reserved portion of 45.58 lakh shares, backed by 4,309 applications.Non Institutional...

Mumbai, January 9, 2026: The initial public offering of Bharat Coking Coal Limited achieved full subscription within hours of opening on Friday, reflecting strong investor appetite for the Government of India owned coal producer. As of 10:39 AM IST, the IPO was subscribed 1.46 times, with bids for 50.76 crore equity shares against the issue size of 34.69 crore shares. The early oversubscription was led by robust participation from retail investors and non institutional bidders, while institutional demand is expected to build closer to the issue closing. Strong Early Demand Across Key Categories Retail Individual Investors showed healthy traction in the opening session, with the retail portion subscribed 1.99 times. Bids were received...

Mumbai, January 9, 2026 – The SME initial public offering of Victory Electric Vehicles International Limited enters its final day of bidding today, with the issue subscribed 0.40 times as of the close of Day 2, supported largely by steady retail participation. The IPO opened for subscription on January 7 and is scheduled to close later today, January 9, 2026. Shares are proposed to be listed on January 14, 2026. Subscription Status Till End of Day 2 As per data updated at 17:00 hours on January 8, the issue received bids for 33.63 lakh shares against a total issue size of 84.30 lakh shares.CategoryApplicationsShares Bid ForQualified Institutional Buyers (QIBs)––Non-Institutional Investors (NIIs)177,71,000Retail Individual...

Yajur Fibres’ initial public offering has entered its final day of bidding after achieving full subscription by the end of Day 2, supported largely by strong participation from retail investors.Overall Subscription Status As of 5:00 pm on January 8, the IPO was subscribed 1.17 times, with bids received for 81.20 lakh shares against an issue size of 69.20 lakh shares. The issue attracted a total of 4,102 applications across investor categories.Retail Investors Drive Subscription The retail investor segment emerged as the key contributor to the overall subscription. This category was subscribed 1.32 times, with bids for 60.01 lakh shares against a reserved quota of 45.58 lakh shares, backed by 3,751 applications.Non Institutional...

Mumbai, January 9, 2026: Bharat Coking Coal Limited (BHARATCOAL), a Government of India enterprise and subsidiary of Coal India Limited, has opened its initial public offering today, January 9, with the issue set to close on January 13, 2026. The company has already completed its anchor book allocation a day ahead of the public issue, raising ₹273.13 crore from marquee institutional investors at the upper end of the price band. The IPO is being offered in a price band of ₹21 to ₹23 per equity share with a face value of ₹10. The total issue size stands at ₹1,071 crore, comprising 34.69 crore equity shares. Shares are proposed to be listed on January 16, 2026. IPO Details at a GlanceParticularsDetailsIssue PeriodJanuary 9 to January...