Four Indian companies have just received SEBI’s green light to raise more than ₹1,400 crore through a mix of fresh share issues and offer‑for‑sale (OFS) blocks.
The approvals arrive as India’s primary market is seeing record‑high fundraising. In 2025, companies have already raised about ₹1.76 lakh crore, well above the ₹1.6 lakh crore in 2024 and the ₹49,436 crore in 2023. Strong domestic liquidity and steady investor demand are driving this surge.
All four issuers will list on both the BSE and NSE, offering retail and institutional investors a chance to participate. Keep an eye on the allocation details and the pricing timeline once the final prospectuses are published.
Remember, this is just an overview and not a recommendation. Do your own research and consider your risk tolerance before investing.
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Join TelegramHorizon Industrial Parks, a major industrial and logistics developer, is launching an IPO to raise up to ₹4,250 crore. Here’s a simple rundown of what the offering includes and why it matters to everyday investors. What the IPO Looks Like The company plans to issue fresh equity shares only – there’s no sale of existing shares. The draft prospectus shows that about ₹2,250 crore of the money raised will go toward paying down existing borrowings. How Much Money Is Being Raised? Fresh equity offer: ₹2,600 crore Pre‑IPO placement (already secured): roughly USD 200 million (≈₹1,650 crore) Total target fund raise: about ₹4,250 crore (≈USD 500 million) Current Ownership Blackstone, the global private‑equity firm, currently holds about 89 % of Horizon Industrial Parks. The IPO will dilute this stake as new shares are issued. Who Has Already Invested? 360 ONE SBI Life Insurance SBI (State Bank of India) Radhakishan Damani EAAA DSP Investments Business Overview Horizon builds, owns, and operates logistics and industrial spaces across India. Its portfolio covers about 60 million sq ft spread over 46 assets in 10 cities. Roughly 95 % of the space is already leased, with more than 100 tenants, including over 60 % Fortune 500 companies. Why Retail Investors Might Care Large, cash‑generating asset base with high occupancy rates. Backed by Blackstone, providing strong financial support. Potential upside if the company continues to grow its footprint and tenant mix. Opportunity to buy into a sector that benefits from India’s expanding e‑commerce and manufacturing activities. Key Takeaways The IPO is mainly about raising fresh capital to clean up debt, while the pre‑IPO investors have already committed a significant portion of the funds. With a solid tenant base and backing from a heavyweight private‑equity firm, Horizon Industrial Parks could be an interesting play for investors looking for exposure to India’s logistics boom. Remember, this is perspective, not a prediction. Do your own research and consider your risk tolerance before investing.
Four Indian firms have cleared the regulator’s final hurdle and can now move forward with their public offerings. SEBI gives the green light to four IPOs The Securities and Exchange Board of India (SEBI) issued final observations for four companies, meaning they may now proceed with their initial public offerings. Varmora Granito: Fresh issue of ₹400 crore plus an offer‑for‑sale of 5.24 crore shares by promoters and existing investors. Knack Packaging: Fresh issue of ₹475 crore and an offer‑for‑sale of 70 lakh shares. Shivalaya Construction: Fresh issue of ₹450 crore together with an offer‑for‑sale of 2.48 crore shares. Behari Lal Engineering: Fresh issue of ₹110 crore plus an offer‑for‑sale of 78.54 lakh shares. Infifresh Foods withdraws its IPO filing Infifresh Foods, the B2B seafood platform formerly known as Captain Fresh, had filed a confidential IPO draft for about ₹1,700 crore in August. The company has now withdrawn those offer documents, so the offering will not move forward. What this means for investors With the SEBI approvals, the four companies can start marketing their shares to the public, potentially opening new investment opportunities. The withdrawal of Infifresh’s filing removes one possible listing from the market, which may affect sector‑specific interest. Remember, this is perspective, not a prediction. Do your own research and consider your risk tolerance before making any investment decisions.
India’s IPO market is on fire, and the banks that manage these listings have earned a record‑high total of over Rs 4,100 crore in fees during 2025. Why fees jumped so much The jump in bank fees comes from two main factors: More listings: Over 100 companies went public this year, beating last year’s record of 91. Bigger fund‑raising amounts: Total money raised grew from about Rs 1.6 lakh crore to more than Rs 1.75 lakh crore. Because banks charge a percentage of the money raised, larger deals mean larger fees. Record‑setting fee totals Lead managers earned Rs 4,113 crore in 2025, up from Rs 3,463 crore in 2024. The fee percentage has risen too, now around 2‑2.5 % for mid‑size IPOs and up to 1.75 % for the biggest deals. Biggest IPOs that filled the banks’ coffers LG Electronics India: Rs 11,605 crore raise, banks earned Rs 226 crore. Hexaware Technologies: Rs 8,750 crore raise, banks earned Rs 215 crore. ICICI Prudential AMC: 18‑bank syndicate, banks earned Rs 187.7 crore. Tata Capital: Rs 15,512 crore raise, lead managers earned Rs 159 crore. Groww parent (Billionbrains Garage Ventures): Rs 6,632 crore raise, banks earned Rs 152 crore. Lenskart Solutions: Rs 7,278 crore raise, banks earned Rs 129 crore. HDB Financial Services: Rs 12,500 crore raise, banks earned Rs 104 crore. How banks charge for IPOs Fees are usually 1‑5 % of the amount raised. The rate depends on the deal size and the amount of work needed: Tech start‑ups often pay 3‑4 % because they need more research and marketing. Smaller IPOs (Rs 200‑300 crore) may have a higher percentage (around 3‑3.5 %) due to a minimum fee threshold. Very large IPOs (over Rs 1,000 crore) see lower percentages (1‑1.5 %) but still generate huge absolute fees. Typically, 2‑3 Tier‑1 banks (global and top domestic banks) handle valuation and institutional marketing, while 1‑2 Tier‑2 banks focus on retail investors and post‑IPO activities. What this means for everyday investors Higher bank fees indicate a very active primary market, which can be a sign of strong corporate growth and investor demand. However, larger fund‑raising rounds may also dilute existing shareholders and could affect post‑IPO price stability. Retail investors should watch the size of upcoming IPOs and the reputation of the managing banks. Strong underwriting can help smooth the transition to the secondary market. Looking ahead Experts expect the IPO pipeline to stay full in 2026, with total primary market fund‑raising projected at Rs 3.5‑4.0 lakh crore. If the trend continues, banks could keep earning record fees, and the market will remain a key area for investors to watch. Remember, this is perspective, not prediction. Do your own research and consider your risk tolerance before investing in any IPO.