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Moneyview, Chandan Steel get Sebi's approval to raise funds through IPOs
Fintech unicorn Moneyview and Chandan Steel have secured Sebi's approval to raise funds through initial public offerings (IPOs), an update with the regulator showed on Friday. Moneyview filed preliminary IPO papers with Sebi in March, while Torrent Gas confidentially submitted draft documents with the regulator in April. The confidential filing route allows companies to submit draft offer documents to Sebi for review without immediately making commercially sensitive information public. After reviewing the draft papers submitted by the two firms, the regulator gave its 'observations' between June 29 and July 2,which, in Sebi's parlance, is equivalent to a go-ahead to float the public issue. Meanwhile,oilfield services provider Shivganga Drillers withdrew its draft papers on June 30, the update showed. The company filed preliminary papers with Sebi in December 2025 to mobilise Rs 400 crore through its IPO. The proposed maiden public offering was a completely fresh issue of shares wi
23 firms launch IPOs worth ₹27,000 cr in 2026; 236 proposals await launch
After a strong run in 2025, India's primary market witnessed a slowdown with 23 companies tapping the Initial Public Offering (IPO) route to mobilise over Rs 27,000 crore in 2026 so far, amid heightened volatility and macro uncertainty, according to a report released by Equirus Capital on Tuesday. This came following a launch of 103 maiden public issues in 2025, together raising Rs 1.76 lakh crore. This fundraising figure far exceeded the Rs 1.6 lakh crore raised by 90 firms in 2024 and the Rs 49,436 crore garnered by 57 companies in 2023. However, the IPO activity is showing signs of a major pickup as geopolitical tension eased with insurtech firm Turtlemint Fintech Solutions and Advit Jewels slated to launch their public issues this month. Further, Waterways Leisure Tourism Ltd, the operator of Cordelia Cruises, is also expected to come out with its maiden public offering this month. The public issues of insurtech firm Turtlemint Fintech Solutions and Advit Jewels are scheduled t
Razorpay Files Draft Papers With SEBI Via Confidential Route For Rs 5,700-Crore IPO
Razorpay IPO: The fintech is targeting a valuation of $5-6 billion from the public issue.
Stocks to buy for short term: From Bharti Airtel, PB Fintech to VBL - Experts suggest 6 stock picks for next 1-2 weeks - Mint
Stocks to buy for short term: From Bharti Airtel, PB Fintech to VBL - Experts suggest 6 stock picks for next 1-2 weeksMint
Top Gainers & Losers on May 18: Gland Pharma, Coforge, PB Fintech, BSE, Voltas, Bharti Airtel among top gainers
Indian stocks marginally gained on May 18, driven by strong tech buying and pharma support, with Nifty 50 up 0.03% at 23,649 and BSE Sensex at 75,263. However, the broader market faced pressure as Nifty Midcap 100 and Nifty Smallcap 100 fell.
Who is Manoj Kohli, former Bharti Airtel executive onboarded to fintech Alt DRX’s Advisory Board?
Former Bharti Airtel MD and CEO Manoj Kohli has joined Alt DRX’s Advisory Board as a non-director advisor. This comes as the tokenised digital real estate marketplace seeks to assemble “one of the most formidable self-governance walls in Indian fintech”.