ipo

A Hyderabad resident lost ₹2.8 crore in an ipo investment scam after being lured by a Facebook ad and a WhatsApp group. Fraudsters, posing as investment advisors, gained the victim's trust with initial profits before demanding fees for withdrawals.

Ather Energy has launched its ipo to raise Rs 2,981 crore, featuring fresh equity shares and an Offer for Sale. The ipo proceeds will fund a new factory, debt repayment, R&D, and marketing. Analysts are positive, citing Ather's strong position in the growing electric two-wheeler market, despite reduced government subsidies.

Urban Company has filed for an ipo with Sebi to raise Rs 1,900 crore, including a fresh issue of shares and an offer for sale by existing investors like Accel India and Elevation Capital. The company intends to use the funds for technological upgrades, office space, and marketing initiatives.

Moon Beverages, a prominent Coca-Cola bottler in India, is contemplating an ipo to fuel its ambitious growth plans, aiming to double its revenue in the next three to four years. Backed by the MMG Group, the company is expanding production capacity with new plants and acquisitions, including recent operations in Jharkhand.

Fintech giants PhonePe and Razorpay are transitioning into public limited companies, signaling their ipo readiness in India. PhonePe's conversion awaits approvals, while Razorpay's move aligns with its re-domiciliation and anticipated 2026-27 ipo. These steps enable both companies to access Indian capital markets, with PhonePe addressing UPI market-share limits and Razorpay streamlining its structure.

Flipkart is relocating its holding company from Singapore back to India, a move prompted by Walmart's plans for an ipo of the e-commerce giant on Indian stock exchanges. This repatriation aligns Flipkart's structure with its core operations and mirrors a growing trend among Indian startups seeking favorable domestic listing opportunities.

SEBI is actively exploring solutions for the long-delayed NSE ipo, forming a committee to address outstanding issues. NSE has been directed to resolve all ipo-related concerns promptly. The regulator emphasized its commitment to prioritizing public interest over commercial gains, particularly for institutions with both social and profit motives, ensuring a balanced approach.

Indian startups like Flipkart, PhonePe, and Groww are increasingly re-domiciling to India, driven by regulatory clarity and deeper capital markets. Amendments to company and FDI rules have streamlined the process, reducing timelines and complexities. While attractive due to potential ipo benefits and investor alignment, reverse flips still demand careful tax and compliance structuring, especially regarding offshore transfers and shareholder agreements.

LG Electronics is contemplating price increases on certain products and considering shifting home appliance production to the U.S. in response to potential tariffs. The company is evaluating relocating manufacturing of key appliances to its Tennessee facility to reduce reliance on imports. LG is also navigating challenges in other markets, taking a cautious approach to its Indian unit's delayed ipo.

Indian stock markets witnessed a significant downturn on Friday, with the Sensex plummeting 589 points and the Nifty dropping 207 points, primarily triggered by escalating India-Pakistan border tensions. Profit-taking after a robust seven-session rally also contributed to the market's decline.

A Mumbai businessman from Bhandup fell victim to a sophisticated share trading scam, losing ₹35 lakh to cyber fraudsters. Lured by promises of high returns through a Facebook advertisement and a WhatsApp group, he invested in a fraudulent app named 'Market'.

Fractal Analytics, an ipo-bound company, has proposed to IndiaAI Mission a project costing ₹150 crore to develop indigenous medical foundation models. These models aim to improve healthcare accessibility, medical education, and clinical decision support. Vaidya AI, Fractal's multimodal medical assistant, outperformed leading language models on the PG NEET benchmark, demonstrating proficiency in Indian languages and multimodal reasoning.