IPO News

Hy-Tech Engineers' IPO closed with a 247.39x subscription, indicating strong investor demand. The issue will list on September 1, 2026. With a grey market premium suggesting an 83% potential gain, the hydraulics firm's valuation appears conservative against its peers.

Avaada Electro Private Limited has filed a DRHP for an Initial Public Offering (IPO) to raise approximately 7,600 crore. The renewable energy solutions provider aims to list on the Indian stock exchanges, subject to regulatory approvals.

Avaada Electro has filed its Draft Red Herring Prospectus (DRHP) with SEBI for an Initial Public Offering (IPO) to raise 7,600 crore. The renewable energy component manufacturer aims to list on the stock exchange, subject to regulatory approvals.

Avaada Electro Private Limited has filed its draft IPO papers with Indian regulators, seeking to raise 7,600 crore. The company plans to use the proceeds for capital expenditure and general corporate purposes, signaling a move to expand its presence in the renewable energy manufacturing sector.

ESDS Software Solution has raised Rs 216 crore from anchor investors ahead of its Rs 720 crore IPO, which opens August 28. The company, a provider of AI-enabled cloud and data centre solutions, will use the IPO proceeds for infrastructure expansion and general corporate purposes. Domestic mutual funds were key anchor investors.