Record FY26 IPO Fundraising at Rs 1.8L Cr; NSE Files Landmark ₹30,000 Cr IPO; Jio IPO Delayed; Zepto DRHP; Coca-Cola $10B Plan; OFS Repatriation Trend; Craftsman Automation ₹2,000 Cr QIP
Key Questions
What is the status of NSE's IPO filing?
The National Stock Exchange has filed its DRHP for an entirely OFS-based IPO worth around ₹30,000 crore, which is set to become India's largest public issue. The filing follows years of regulatory hurdles, with SBI, CPPIB, and Temasek as key sellers.
What is the record IPO fundraising expected in FY26?
India is on track for record FY26 IPO fundraising of Rs 1.8 lakh crore, with 23 firms already launching issues worth ₹27,000 crore. This includes major filings from NSE, Hexaware, and others amid a strong pipeline.
What details are available on Zepto's IPO plans?
Zepto's DRHP reveals an ₹80.1 billion fresh issue plus OFS, highlighting a valuation gap between its $7 billion private valuation and lower IPO estimates. Advertising revenue is growing faster than core grocery, though the company faces ED summons for FEMA compliance.
Has Razorpay filed for an IPO?
Razorpay has confidentially filed papers for a $600 million IPO, marking a major milestone for the Indian fintech sector. The filing remains under wraps as per sources.
What QIP activity has occurred recently?
KIMS launched a ₹1,500 crore QIP by offering 19.86 million fresh shares at ₹755, while Craftsman Automation closed its QIP raising Rs 2,000 crore. These reflect ongoing capital raises alongside IPO activity.
NSE finally filed its IPO – entirely OFS with SBI, CPPIB, Temasek selling – set to be India's largest public issue. Jio Platforms $4B pure-fresh IPO at $180B val delayed due to Iran tensions. Zepto's DRHP reveals valuation gap and ED summons. Coca-Cola exploring $10B India IPO. Craftsman Automation raised ₹2,000 Cr via QIP. OFS-dominant trend continues with foreign parents exploiting valuation arbitrage.