IPO

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...

Faridabad, January 9, 2026: Defrail Technologies Limited (DEFRAIL) today opened its initial public offering for subscription, with the SME issue priced in the range of ₹70 to ₹74 per equity share. The public issue, aggregating to ₹14 crore, will remain open for bidding until January 13, 2026, with listing scheduled on January 16, 2026. Ahead of the IPO opening, the company has successfully completed its anchor investor allocation, raising ₹3.84 crore through the allotment of 5,18,400 equity shares at the upper end of the price band. IPO SnapshotParticularsDetailsIssue PeriodJanuary 9 to January 13, 2026Price Band₹70 to ₹74 per shareIssue Size₹14 croreShares Offered13,42,400 equity sharesFace Value₹10 per shareMarket...

Mumbai, January 9, 2026: Gabion Technologies India Limited (GTIL) IPO investors are now tracking the allotment status after the issue closed on January 8, 2026. The allotment status typically becomes available after the basis of allotment is finalised, and once updated, applicants can check their status through the BSE allotment page and the registrar’s portal. Below is a clear, step-by-step guide to check IPO allotment using the two most-used 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 the BSE allotment link in your browser. Under Issue Type, select Equity. Select the Issue Name from the dropdown list (choose Gabion...

Yajur Fibres’ initial public offering has been fully subscribed on the second day of bidding, driven by strong participation from retail investors and improving demand across non institutional categories.Overall Subscription Status As of 10:28 am on January 8, the IPO was subscribed 1.03 times, with bids received for 71.49 lakh shares against the issue size of 69.20 lakh shares. The issue has attracted 3,551 applications so far.Retail Segment Leads the Demand The retail investor portion emerged as the key driver of subscription, recording a 1.14 times subscription. Retail investors bid for 51.80 lakh shares against an allocation of 45.58 lakh shares, supported by 3,238 applications.Non Institutional Investors Show Improvement The...

Yajur Fibres’ initial public offering has entered Day 2 of bidding on the BSE SME platform after seeing steady participation on the opening day of the issue.Overall Subscription Status As of 5:00 pm on January 7, the IPO was subscribed 0.88 times, with bids received for 60.61 lakh shares against the total issue size of 69.20 lakh shares. The issue attracted 3,156 applications across investor categories.Category-wise Subscription Details The Qualified Institutional Buyers portion was subscribed 1.03 times, with bids for 65,600 shares against an allocation of 64,000 shares.The Non-Institutional Investors category was subscribed 0.60 times, receiving bids for 13.88 lakh shares against 22.97 lakh shares reserved. Within this segment...

Mumbai, January 8, 2026: Gabion Technologies India Limited (GTIL) has entered the final day of its IPO subscription today after witnessing an overwhelming response over the first two days of bidding. By the close of Day 2 on January 7, the issue was subscribed 194.83 times, reflecting intense demand across investor categories. The IPO, which opened on January 6, will close for subscription later today, January 8, 2026. Day 2 Recap: Subscription Multiplies Sharply As of 5:00 PM on January 7, the IPO received bids for 50.22 crore equity shares against 25.78 lakh shares on offer. Investor interest accelerated significantly on Day 2, building on the strong momentum seen on the opening day. The Retail Individual Investor (RII) segment...

Mumbai, January 8, 2026 – The SME initial public offering of Victory Electric Vehicles International Limited enters Day 2 of bidding today, following a subdued response on its opening day, where the issue was subscribed 0.26 times by the end of Wednesday’s session. The IPO opened for subscription on January 7 and will remain open till January 9, 2026, with shares proposed to be listed on January 14, 2026. Subscription Snapshot at End of Day 1 As per data available at the close of bidding on Wednesday, the issue received bids for 22.05 lakh shares against a total issue size of 84.30 lakh shares.CategoryApplicationsShares Bid ForQualified Institutional Buyers (QIBs)––Non-Institutional Investors (NIIs)117,05,000Retail...

The SME initial public offering of Victory Electric Vehicles International opens for subscription today, Wednesday, January 7. The public issue is entering the market with a grey market premium of 0 percent, indicating muted expectations around immediate listing gains.The IPO is set to be listed on the NSE SME platform and is entirely a fresh issue, with no offer for sale component.IPO Structure and Price Details Victory Electric Vehicles is offering 84.3 lakh equity shares at a fixed price of Rs 41 per share. The issue size aggregates to approximately Rs 35 crore and values the company at a pre-IPO market capitalisation of nearly Rs 99 crore.The subscription window will remain open until January 9, with the shares scheduled to...

State owned miner Coal India Ltd is set to generate a profit of more than Rs 600 crore by divesting a 10 per cent stake in its subsidiary Bharat Coking Coal Ltd through the latter’s upcoming initial public offering.Pricing And Profit Outlook According to the offer document, Coal India’s weighted average acquisition cost for BCCL shares stands at Rs 10 per share. With the IPO price band fixed at Rs 21 to Rs 23 per share, the miner is expected to earn a profit of Rs 12 to Rs 13 per share on the portion being sold.At the upper end of the price band, Coal India is likely to receive around Rs 1,071 crore from the IPO. After accounting for the acquisition cost of about Rs 466 crore, the net gain works out to nearly Rs 605 crore...

Yajur Fibres has opened its Rs 120.41 crore initial public offering for public subscription today, January 7, on the BSE SME platform. The issue will remain open until January 9.IPO Price Band and Issue Structure The company has set a price band of Rs 168 to Rs 174 per equity share. The IPO comprises a fresh issue of 69.20 lakh equity shares with a face value of Rs 10 each. At the upper end of the price band, the issue size stands at Rs 120.41 crore.Use of Proceeds The proceeds from the fresh issue will be used to expand manufacturing capacity at the company’s existing facility in Jagannathpur, Howrah district. Funds will also be deployed towards setting up a greenfield linen yarn manufacturing unit through its subsidiary.In...