Macrotech Developers, formerly known as Lodha Developers, plans to raise around INR 2,500 crore through its IPO. The primary purpose of the issue is to reduce debt and for general corporate purposes. The real estate giant focuses on delivering world-class commercial spaces, luxury homes, and mixed-use developments. The IPO will boost the company’s financial flexibility and contribute to its ongoing project developments.
Kalyan Jewellers, one of India’s largest jewellery retailers, aims to raise about INR 1,170 crore through its IPO. The proceeds are intended for general corporate purposes and to enhance working capital. The company operates a large number of stores across India and in the Middle East, offering a wide range of jewellery collections. The IPO is a significant move to strengthen its balance sheet and support expansion plans.
Digital wallet and financial services company Mobikwik is preparing for its public offering. The IPO will help the company scale its operations and augment its financial products suite.
AGS Transact Technologies is set to launch its IPO, focusing on raising funds to repay certain borrowings and for general corporate purposes. The company is a leading provider of end-to-end cash and digital payment solutions and automation technology. The IPO will offer equity shares with a face value of INR 10 each, aiming for a total issue size of approximately INR 800 crore. AGS Transact's diverse portfolio includes ATM management, digital payments, and banking automation services.
Macrotech Developers, formerly known as Lodha Developers, plans to raise around INR 2,500 crore through its IPO. The primary purpose of the issue is to reduce debt and for general corporate purposes. The real estate giant focuses on delivering world-class commercial spaces, luxury homes, and mixed-use developments. The IPO will boost the company’s financial flexibility and contribute to its ongoing project developments.
Adani Wilmar, a leading FMCG company in India, is gearing up for its IPO to raise around INR 4,500 crore. The primary objective is to fund capital expenditure, reduce debt, and for acquisitions as well as investments in new businesses. Adani Wilmar manufactures a variety of essential kitchen commodities including edible oils, wheat flour, rice, and sugar. The company aims to enhance its market presence and operational efficiencies through the IPO proceeds.
Barbeque Nation, a popular dining chain, is entering the public market to raise around INR 453 crore. The goal is to clear debt and to fund the establishment of new restaurants. The chain is well-known for its live grill experience and aims to expand its presence to new locations nationwide. The IPO will also enable the company to improve its financial health and accelerate growth.
Anupam Rasayan, a leading chemical manufacturing company, launched its IPO, aiming to raise approximately INR 760 crore. The proceeds will be used to pay off debt and for general corporate purposes. The company specializes in custom synthesis and manufacturing of specialty chemicals. With the IPO, Anupam Rasayan aims to strengthen its balance sheet and fuel its capacity expansion plans.
Mankind Pharma, a prominent pharmaceutical company in India, is gearing up for its IPO launch. Known for its affordable healthcare products, the firm plans to utilize the funds to expand its manufacturing capabilities and R&D initiatives.
Laxmi Organic Industries, a major player in the specialty chemicals industry, seeks to raise around INR 600 crore through its IPO. The funds will be deployed for capacity expansion and to meet working capital needs. The company is known for producing acetyl intermediates and specialty intermediates. The IPO will provide Laxmi Organic with the necessary capital to expand its production capabilities and grow its market share.
Suryoday Small Finance Bank seeks to raise approximately INR 582 crore through its IPO. The raised funds will be used to augment the bank's tier-1 capital base and meet future capital requirements. The bank operates in multiple states, offering a range of financial services geared toward financial inclusion. The IPO will further strengthen Suryoday's capital structure and support its growth ambitions.