IPO

IPO Schedule and Structure Digilogic Systems Limited, a city-based automated test equipment systems and application software provider serving the defence and aerospace sector, has announced the launch of its Initial Public Offering. The IPO will open for public subscription on January 20 and will close on January 22. The anchor book is scheduled to open on January 19.The company aims to list its equity shares on the BSE SME platform.Issue Size and Price Band The IPO comprises a fresh issue of equity shares worth up to ₹69.67 crore and an offer for sale of up to 11.50 lakh equity shares with a face value of ₹2 each, aggregating up to ₹11.33 crore. The total issue size stands at ₹81 crore.The price band has been fixed at ₹98 to ₹104...

GMP Trend Remains Flat Post Subscription The grey market premium for Narmadesh Brass Industries SME IPO remained unchanged at ₹0 on January 17, indicating stable unofficial market sentiment following the close of the public issue.As per the latest available data, the IPO continues to trade at par in the grey market, with the estimated listing price aligned with the issue price of ₹515 per share. The estimated profit per lot stands at zero, reflecting no premium or discount in the grey market.Day-wise GMP Movement The GMP for the Narmadesh Brass Industries SME IPO has remained flat throughout the bidding period and even after the issue closed. From January 7 through January 17, the grey market premium consistently stayed at ₹0...

Mumbai, January 17, 2026 – Indo SMC Limited (BSE SME: INDOSMC) saw extraordinary demand on the final day of bidding, with its SME IPO closing on Friday at an overall subscription of 102.83 times, driven by aggressive participation across all investor categories. The issue, which was open from January 13 to January 16, 2026, was priced in the band of ₹141 to ₹149 per share, with bids pouring in sharply during the final hours. Final Subscription Status (as of 6:59 PM, January 16) According to BSE data, the IPO received bids for 45.40 crore shares against an offer size of 44.15 lakh shares, translating into a 102.83x overall subscription. Category-wise Subscription BreakdownInvestor CategoryShares ReservedApplications ReceivedShares Bid...

Ahmedabad, January 17, 2026: The SME IPO of GRE Renew Enertech Limited concluded on Friday with a robust overall subscription of 15.43 times, supported by strong demand across all investor categories. The issue, priced at ₹105 per share, also saw sustained interest in the grey market, with the GMP holding at ₹6 as of early Friday. Final bidding data shows aggressive participation from non-institutional investors and solid interest from qualified institutional buyers, while retail demand also closed at healthy double-digit levels. Price-Wise Demand at Close At the end of bidding on January 16, cumulative bids were concentrated across the entire price band, with demand remaining evenly distributed.Price (₹)Quantity Bid (Shares)...

Bengaluru, January 17, 2026: The initial public offering of Amagi Media Labs has concluded, with bidding ending on Friday, January 16, 2026. The ₹1,788.6 crore issue closed with a strong overall subscription of 30.22 times, driven by an aggressive final-day push from qualified institutional buyers and high-net-worth investors, even as the grey market premium (GMP) moderated to ₹26. The IPO was offered in a price band of ₹343 to ₹361 per share. Final Price-wise Cumulative Bid Position As per exchange data at 6:59 PM on January 16, demand was heavily skewed toward the upper end of the price band, while cut-off bids formed a meaningful portion of retail participation.Bid Price (₹)Cumulative Quantity343.0082,42,16,727...

Investment Banks Mandated for Public Issue ASG Eye Hospital, backed by private equity major General Atlantic, has appointed investment bankers as it prepares to enter the capital markets with an initial public offering valued at USD 500 to 600 million, equivalent to around Rs 3,900 crore.The banks mandated for the proposed offering include Axis Capital, Morgan Stanley, Nomura, Motilal Oswal, and HSBC.Valuation and Equity Dilution People familiar with the matter said the IPO is expected to value the company at about USD 3.4 billion. The offering is likely to result in approximately 15 percent equity dilution for existing shareholders.Expansion Plans and Capital Expenditure Separately, ASG has outlined capital expenditure of around...

Multiple Firms Clear the Path for Public Market Entry As many as seven companies across real estate, engineering, logistics, healthcare, metals, and specialty chemicals have received approval to proceed with their initial public offerings, marking another active phase for India’s primary market.The companies that have secured clearance include Runwal Developers, Lalbaba Engineering, Augmont Enterprises, Supreet Chemicals, Sillverton Industries, CJ Darcl Logistics, and Gaudium IVF and Women Health.These firms had filed their draft IPO papers between June and October and have now received formal observations, enabling them to move ahead with their public issues. Meanwhile, Deon Energy has withdrawn its draft IPO papers.Runwal...

New Delhi, January 17, 2026: Amazin Automation Solutions India Limited has filed its draft offer document for a proposed initial public offering on the SME platform, marking a key step in its plan to scale operations across industrial automation, printing systems, and digital logistics solutions.Company Overview Incorporated in December 2013 and converted into a public limited company in November 2025, Amazin Automation Solutions operates as a technology-driven industrial automation company catering primarily to the manufacturing sector. Its offerings span industrial coding and marking systems, automation-linked production and packaging solutions, plant logistics management systems, and in-plant tracking and weighbridge automation...

Mumbai, January 16, 2026 – Indo SMC Limited (BSE SME: INDOSMC) entered the final day of its IPO subscription on Friday with steady demand and a stable grey market premium, even as overall subscription crossed the 2x mark by mid-morning. The SME issue, priced in the range of ₹141 to ₹149 per share, closes for subscription today, January 16. IPO Subscription Status (as of 10:41 AM, January 15) As per BSE data, the IPO was subscribed 2.07 times overall, with strong participation from retail and non-institutional investors, while the QIB portion remained unsubscribed. Category-wise Subscription Details Retail investors continued to anchor the demand, subscribing their portion over three times, while non-institutional investors also showed...

Ahmedabad, January 16, 2026: The SME IPO of GRE Renew Enertech Limited (Symbol: GRERENEW) entered its final day of bidding today, January 16, with overall subscription standing at 2.59 times as of 10:41 AM on January 15, driven by strong interest from qualified institutional buyers and steady participation from non-institutional investors. The issue, which opened on January 13 and closes today, is priced in a band of ₹100–₹105 per share, with bids continuing to cluster at the upper end of the price band. Price-Wise Demand at BSE As per the latest available bid book, demand remains concentrated across all price points, with the highest quantity recorded at the lower end of the band.Price (₹)Quantity Bid (Shares)100.0070,16,400...

Bengaluru, January 16, 2026: Amagi Media Labs Limited’s initial public offering entered its final day of bidding on Friday morning, with early subscription data indicating a steady but measured response from investors across categories. The ₹1,788.6 crore issue opened for subscription on January 13 and will close later today. The cloud-based SaaS company, which recently raised about ₹805 crore from anchor investors, is offering shares in a price band of ₹343 to ₹361 per share. Price-Wise Cumulative Bid Position (Early Morning) As of 10:41 AM on January 15, cumulative bids across exchanges showed demand clustering near the upper end of the price band, reflecting investor preference for cut-off and higher-price bids on the final day...

Settlement Progress Seen as Key Step Toward Long-Awaited Listing The initial public offering plans of the National Stock Exchange received a fresh push on Thursday after **Securities and Exchange Board of India chairman Tuhin Kanta Pandey said the regulator has given an in-principle agreement to the settlement plea filed by the exchange in the unfair market access case.The development is widely viewed as a critical step toward clearing regulatory hurdles that have delayed the IPO of National Stock Exchange, the country’s largest bourse by trading volumes.Pandey said the settlement application is currently under review by multiple committees, adding that there is broad agreement in principle on the proposal. He declined to comment on...

Leadership Appointment Strengthens Governance Framework Flipkart, the e-commerce group owned by Walmart, on Thursday announced the appointment of Jane Duke as its Chief Ethics and Compliance Officer. The appointment is aimed at strengthening governance and internal oversight as the company moves closer to its initial public offering.In her new role, Duke will report to Chris Cyrenne, Chief Ethics and Compliance Officer at Walmart International. She will also work closely with Flipkart Group CEO Kalyan Krishnamurthy.Extensive Experience in Ethics and Compliance Jane Duke brings nearly three decades of experience across public-sector enforcement and corporate compliance. Most recently, she served at Tyson Foods as Vice President and...

Shiprocket Limited has taken another key step toward its proposed initial public offering after receiving in-principle approval from BSE, strengthening its path to the capital markets. The approval comes amid ongoing preparations for a sizeable public issue aimed at supporting the company’s next phase of growth.BSE Approval and Filing Details Shiprocket Limited filed its IPO application with BSE on December 12, 2025. The exchange granted in-principle approval on January 14, 2026, marking an important regulatory clearance in the listing process. The proposed issue is structured as a book-building IPO.The public issue is being managed by Axis Capital Limited, BofA Securities India Limited, JM Financial Limited and Kotak Mahindra...

Mumbai, January 15, 2026: The IPO allotment status of Bharat Coking Coal Limited has now been finalised, bringing closure to one of the most heavily subscribed public issues in recent times. Investors who applied for the issue have either received confirmation of share allotment through debit messages or refund-related notifications, as the post-allotment process moves toward completion.With the allotment exercise completed, the equity shares of Bharat Coking Coal are scheduled to list tomorrow, January 16, 2026, on both NSE and BSE.IPO Allotment Status Update Following the finalisation of the basis of allotment:Successful applicants have started seeing debits corresponding to the allotted share quantity Unsuccessful or partially...

Bharat Coking Coal IPO Allotment Status: Step-by-Step Guide on How to Check; GMP Near ~57% Mumbai, January 14, 2026: Investors who applied for the Bharat Coking Coal Limited IPO are tracking the IPO allotment status closely today, as the allotment is expected to be released in the next few hours following the close of the issue on January 13. Once the allotment data is uploaded, applicants can check whether shares have been allotted to them through the registrar and the stock exchange portals.Alongside allotment updates, the unofficial grey market is also being watched, with the grey market premium (GMP) indicating an implied premium of around 56–57 percent over the issue price. Bharat Coking Coal IPO Allotment Status Today The...

Fresh Issue to Support Overseas Expansion and Group Restructuring Premium flexible workspace solutions provider Executive Centre India has received approval to raise ₹2,600 crore through an Initial Public Offering. The proposed IPO will consist entirely of a fresh issue of equity shares, with no Offer For Sale component.According to details outlined in the draft red herring prospectus filed earlier, the company plans to deploy the IPO proceeds towards strategic investments within the group. This includes funding its subsidiary TEC Abu Dhabi and financing part payment for the acquisition of step down subsidiaries TEC SGP and TEC Dubai from corporate promoter TEC Singapore.Early Mover in Premium Flexible Workspaces Executive Centre...

IPO to Open on January 22, Anchor Bidding on January 19 Logistics services provider Shadowfax has fixed a price band of ₹118 to ₹124 per equity share for its upcoming initial public offering, valuing the company at over ₹7,100 crore at the upper end of the band.The company’s maiden public issue, aggregating to ₹1,907.27 crore, will open for public subscription on January 22 and close on January 24. Bidding for anchor investors is scheduled to take place on January 19.Issue Structure and Shareholder Sell-Down The IPO comprises a fresh issue of equity shares worth ₹1,000 crore along with an offer for sale of ₹907.27 crore by existing shareholders. Through the offer for sale component, shares will be offloaded by Flipkart Internet...

Mumbai, January 14, 2026: The Bharat Coking Coal Limited IPO allotment is being finalised today, January 14, following an extraordinary subscription response that saw the issue subscribed over 143 times at close. Investor focus has now shifted to allotment outcomes, grey market trends, and the upcoming listing scheduled for January 16.The IPO, priced at ₹21–₹23 per share, witnessed intense demand across all categories, led by qualified institutional buyers and non-institutional investors, with retail participation also remaining strong through the issue period.LIC Anchor Investment Sets Institutional Tone Ahead of the IPO opening, Life Insurance Corporation of India emerged as the single largest anchor investor in the issue. LIC...

Faridabad, January 14, 2026: Investors who applied for the Defrail Technologies Limited IPO can now check the IPO allotment status, as the basis of allotment is being finalised today, January 14. The SME issue, which closed on January 13, received an overwhelming response with 98.19 times subscription, making allotment checks a key focus for applicants.The ₹14 crore IPO was subscribed heavily across all categories, including retail, non-institutional, and institutional investors, significantly increasing competition for share allotment.Where to Check Defrail Technologies IPO Allotment Status Investors can check their allotment status through the official registrar as well as the BSE website using their application details.1. Check...