After a break of nearly two months, the IPO market is heating up again. Thanks to better stock market sentiment and rising investor interest, many companies are now planning to enter the stock market.
The Securities and Exchange Board of India (SEBI) has recently approved IPOs for 15 companies, with a total estimated value of ₹37,000 crore.
Some big names include Hero Fincorp, HDB Financial, and Credila Financial Services.
Key IPO Details
HDB Financial Services, a unit of HDFC Bank, plans an IPO of about ₹12,500 crore.
Of this, ₹2,500 crore will be a fresh issue of shares, and HDFC Bank will sell shares worth ₹10,000 crore. HDFC Bank currently holds a 94.3% stake in HDB Financial.
Hero Fincorp’s IPO, valued at ₹3,668 crore, has also been approved. ₹2,100 crore will come from fresh shares, while existing investors will sell shares worth ₹1,568 crore.
Vikram Solar received approval for an IPO with a fresh issue of ₹1,500 crore and sale of 1.7 crore shares.
LG Electronics plans to launch the IPO of its Indian unit by the second or third quarter of FY 2026.
Brigade Hotel Ventures will bring an IPO worth ₹900 crore, entirely a fresh issue (excluding Offer For Sale or OFS).
NSDL has reduced its IPO size to 5 crore shares. Its existing shareholders include big names like IDBI Bank, NSE, and Union Bank of India, who will sell shares through the IPO.
The Bigger Picture
According to Prime Database, so far SEBI has approved IPOs for 72 companies, expected to raise ₹1.4 lakh crore in capital.
Additionally, 68 companies have applied for IPO approval, with a potential to raise ₹94,000 crore. In total, about 140 companies are planning to raise roughly ₹2.35 lakh crore through IPOs.
This signals a busy time ahead for the primary market, with plenty of investment opportunities.
