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 Meanwhile, Deon Energy has withdrawn its draft IPO papers.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 Developers Targets Rs 2,000 Crore IPO
Runwal Developers plans to raise Rs 2,000 crore through its maiden public issue. The IPO will consist of a fresh issue of shares worth Rs 1,700 crore along with an offer for sale of Rs 300 crore by promoter Sandeep Subhash Runwal.The company intends to use the fresh issue proceeds primarily for repayment of debt availed by the company and its subsidiaries, along with general corporate purposes.
Lalbaba Engineering Eyes Rs 1,000 Crore Fundraise
Kolkata-based Lalbaba Engineering proposes to raise Rs 1,000 crore through its IPO. This includes a fresh issue of Rs 630 crore and an offer for sale of Rs 370 crore by promoters.Funds from the fresh issue will be used for capital expenditure related to the expansion of its Haldia manufacturing facility, repayment or prepayment of borrowings, and general corporate purposes.
Augmont Enterprises Plans Rs 800 Crore Public Issue
Integrated gold and silver platform Augmont Enterprises is looking to raise Rs 800 crore through its IPO. The issue will comprise a fresh issue of Rs 620 crore and an offer for sale of Rs 180 crore.The proceeds from the fresh issue will be utilised to meet working capital needs, including procurement and inventory maintenance, advance margin requirements, and other general corporate expenses.
Supreet Chemicals and Sillverton Industries Outline Expansion Plans
Supreet Chemicals aims to mobilise Rs 499 crore through an entirely fresh issue of equity shares, with no offer for sale component. The company plans to use the proceeds to fund a greenfield project, reduce debt, and meet general corporate expenses.Sillverton Industries’ IPO will include a fresh issue worth Rs 300 crore along with an offer for sale of 3.22 crore equity shares by promoters. The funds will be deployed towards sustainability-focused capital expenditure at its existing manufacturing facility, including the installation of a 14 MW waste to energy captive power plant and a compressed biogas plant.
CJ Darcl Logistics and Gaudium IVF Expansion Strategy
CJ Darcl Logistics has proposed a public issue comprising a fresh issue of up to 2.64 crore equity shares and an offer for sale of 99.05 lakh shares by promoters. Proceeds from the fresh issue will be used for the purchase of equipment and repayment of debt.Gaudium IVF and Women Health plans an IPO with a fresh issue of 1.14 crore equity shares and an offer for sale of nearly 95 lakh shares by promoter Manika Khanna. The company intends to utilise the fresh issue proceeds for capital expenditure of Rs 50 crore to set up 19 new IVF centres across India, repayment or prepayment of borrowings worth Rs 20 crore, and general corporate purposes.
Strong Momentum in the Primary Market
The latest approvals come at a time when India’s primary market continues to show strong momentum. In 2025, companies raised nearly Rs 1.76 lakh crore through IPOs, surpassing the Rs 1.6 lakh crore mobilised by 90 firms in 2024 and the Rs 49,436 crore raised by 57 companies in 2023, reflecting sustained investor interest and robust market conditions.Source:
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