IPO

Faridabad, January 13, 2026: The initial public offering of Defrail Technologies Limited witnessed a sharp build-up in demand on Day 3 of bidding, with overall subscription reaching 15.44 times by 10:14 AM IST on Tuesday, driven by strong participation from Retail Individual Investors and Non Institutional Investors. The SME issue remains open for subscription till later today. The ₹14 crore IPO, priced in the range of ₹70 to ₹74 per share, opened on January 9 and is scheduled to list on the BSE SME platform on January 16, 2026. Day 3 Subscription Status (As of 10:14 AM IST)CategoryShares ReservedShares BidSubscription (Times)Qualified Institutional Buyers (QIBs)3,55,2004,8000.01Non Institutional Investors...

Mumbai, January 13, 2026: Gabion Technologies India Limited made its stock market debut on Tuesday with its equity shares listing at ₹89, marking a 9.88 percent premium over the IPO issue price of ₹81 per share. The stock opened at ₹89 when regular trading commenced and was trading at ₹84.55 at 10:03 AM IST, reflecting intraday volatility after the opening print. The issue had a face value of ₹10 per share. Listing Day Price Action As per exchange data at 10:03 AM IST, the stock was quoted at ₹84.55, down ₹4.45 or 5.00 percent from the opening level of ₹89, but still ₹3.55 higher than the issue price, translating into a 4.38 percent gain over the IPO price. The stock recorded an opening price of ₹89, which also marked the day’s high...

Bengaluru, January 13, 2026: Amagi Media Labs Limited, a cloud-based software-as-a-service company focused on enabling media companies to stream and monetise digital video content, has mobilised approximately ₹805 crore from anchor investors, setting the stage for the opening of its initial public offering today.The company allotted 2,22,95,799 equity shares to 42 anchor investors at an allocation price of ₹361 per share, the upper end of the IPO price band. The anchor book aggregates to ₹804.88 crore, reflecting strong institutional demand ahead of the public issue.Strong Institutional Participation The anchor round saw participation from a broad mix of domestic mutual funds, global institutional investors, and long-only insurance...

Ahmedabad, January 12, 2026: GRE Renew Enertech Limited (Symbol: GRERENEW) has finalised its anchor investor allocation ahead of the opening of its public issue, with institutional investors subscribing to 10.62 lakh equity shares at an allocation price of ₹105 per share, aggregating to ₹11.15 crore. The anchor allocation was approved by the board of directors at its meeting held on January 12, 2026, in consultation with the book running lead manager. The anchor portion accounts for a significant part of the institutional book, signalling early demand ahead of the IPO opening on January 13, 2026 . Anchor Allocation Details The anchor book saw participation from a mix of domestic funds and investment vehicles. The allocation details are...

Mumbai, January 12, 2026 – Indo SMC Limited (Symbol: INDOSMC) has finalised its anchor investor allocation ahead of the opening of its initial public offering, with anchor investors committing 17.56 lakh equity shares at ₹149 per share, aggregating to ₹26.18 crore at the upper end of the price band. The anchor book was concluded on January 12, 2026, a day ahead of the IPO opening, reflecting institutional interest in the issue that opens for subscription on January 13 and closes on January 16, 2026. Anchor Allocation Details As per the anchor allocation letter dated January 12, 2026, Indo SMC allotted 17,56,000 equity shares to a diversified set of institutional and non-institutional investors, representing 100 percent of the anchor...

New Delhi, January 12, 2026 Property Share Investment Trust, India’s first registered Small and Medium Real Estate Investment Trust, has filed draft offer documents for its third SM REIT scheme, PropShare Celestia, proposing to raise up to ₹244.65 crore through an initial public offering. Issue Structure and Listing Details The proposed public issue will comprise only a fresh issue of units, with no offer-for-sale component. The units are proposed to be listed on the BSE, providing investors a listed platform to participate in income-generating commercial real estate. Ambit is acting as the sole lead manager to the issue, while KFin Technologies has been appointed as the registrar. Asset Profile and Occupancy The underlying asset for...

Price Band Announcement Expected This Week Logistics services provider Shadowfax is preparing to launch its initial public offering next week, with the issue size pegged at ₹1,900 crore and a targeted post-listing valuation of around ₹7,400 crore. The company is expected to announce the price band for its maiden public issue later this week.The proposed valuation is lower than earlier market expectations of nearly ₹8,500 crore, reflecting a more conservative pricing strategy aimed at drawing long-term institutional participation.Issue Structure and Selling Shareholders The IPO is expected to comprise a fresh issue of equity shares aggregating ₹1,000 crore, along with an offer for sale of shares worth ₹900 crore by existing...

Mumbai, January 12, 2026 — The SME initial public offering of Avana Electrosystems Limited closed its first day of bidding on a firm note, garnering an overall subscription of 2.32 times as of 5:01 PM IST. The issue attracted bids for 99.18 lakh equity shares against the total issue size of 42.80 lakh shares, driven largely by strong retail participation and steady interest from non-institutional investors. The positive response on Day 1 was complemented by a sharp uptick in the grey market premium (GMP), which rose to ₹15 per share, reflecting improving unofficial market sentiment ahead of the next bidding session. Subscription Status After Day 1 As per data updated at the end of Day 1, the demand profile showed a clear skew towards...

Subscription Status on Day 1 The initial public offering of Narmadesh Brass Industries witnessed steady participation on the first day of bidding, with investor interest largely driven by the non institutional and retail segments.As per the latest available data, bids were received for a total of 8,82,720 equity shares against the issue price of ₹515 per share by the close of Day 1. Category-wise Subscription Snapshot The non institutional investors category emerged as the most active segment on the opening day. This category accounted for bids of 7,95,360 shares across 245 applications. Within this segment, individual investors bidding for more than two lots contributed the bulk of the demand, placing bids for 7,34,160 shares through...

Faridabad, January 12, 2026: The initial public offering of Defrail Technologies Limited witnessed a sharp surge in demand on Day 2 of bidding, with overall subscription climbing to 10.90 times by 5:00 PM IST on Monday, driven overwhelmingly by retail and non institutional investors. The ₹14 crore SME IPO, which opened on January 9 and remains open for subscription until January 13, 2026, saw heavy inflows during the second session, marking a decisive turnaround from the muted response seen on the opening day. Day 2 Subscription Status (As of 5:00 PM IST)CategoryShares ReservedShares BidSubscription (Times)Qualified Institutional Buyers (QIBs)3,55,200-0.00Non Institutional Investors (NII)3,63,20033,47,2009.22Retail...

Mumbai, January 12, 2026: The initial public offering of Bharat Coking Coal Limited closed Day 2 of bidding on a sharply stronger note, with overall subscription climbing to 33.67 times by the end of trading on Monday. As of 5:00 PM IST, the IPO received bids for 1,168.00 crore equity shares against the issue size of 34.69 crore shares, based on cumulative data from BSE and NSE. With no bidding activity over the weekend, Day 2 witnessed an accelerated inflow of applications across all investor categories, including a visible pickup in institutional participation. Day 2 Subscription Status (as of 5:00 PM IST) Demand remained broad-based, led by heavy participation from non institutional investors and retail bidders.Non Institutional...

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...