Big-ticket IPOs ahead: NSDL, HDB Financial, and other marquee firms set for market debuts soon
As of now, over 67 companies with plans to raise more than Rs 1 lakh crore are awaiting SEBI approval. Analysts remain optimistic that FY26 could see IPO fundraising cross Rs 2 lakh crore, supported by strong fundamentals and robust retail investor participation.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Oma gab ihr diesen Tipp – heute ist sie viel leichter
Wohlfühl-Journal
Undo
High-Profile IPOs in the Pipeline
Key upcoming listings include NSDL, Hero FinCorp, and HDB Financial Services. Other anticipated public issues later this year are Reliance Jio, LG Electronics India, Zepto, and
Ather Energy
.
NSDL is pressing ahead with its IPO plans for July, expected to raise about $400 million.
As India's largest depository by assets under custody, NSDL's IPO will be managed by ICICI Securities,
Axis Capital
, HSBC Holdings, and IDBI Capital, and will comprise 50.1 million shares, as per previous stock exchange filings.
Live Events
Capital markets regulator SEBI recently granted approval to the IPOs of Vikram Solar and HDB Financial Services. These two marquee listings are expected to hit the markets within the next two months.
A subsidiary of
HDFC Bank
, HDB Financial Services filed its DRHP in November last year. The company plans to raise Rs 12,500 crore, consisting of a Rs 2,500 crore fresh issue and an offer for sale (OFS) of Rs 10,000 crore by HDFC Bank.
HDB Financial offers a range of secured and unsecured loans and operates through a network of over 1,680 branches across India.
Meanwhile, Kolkata-based Vikram Solar filed its draft DRHP in October. The IPO will include a fresh issue of equity shares worth up to Rs 1,500 crore, and an OFS of up to 1.75 crore shares by existing shareholders.
Vikram Solar specializes in the manufacture of solar photovoltaic modules and provides engineering, procurement, and construction (EPC) services.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hindustan Times
18 minutes ago
- Hindustan Times
Meet Arvinder ‘Arvi' Bahal, Agra-born man to fly to edge of space today on Blue Origin NS-34 mission
Arvinder 'Arvi' Singh Bahal, an Agra-born globetrotter and real estate investor who lives in the US, will fly to the edge of space onboard Blue Origin's tourism flight NS-34 on August 3. Arvinder 'Arvi' Singh Bahal (second from right) with the rest of the crew.(X - Blue Origin) Bahal's Sunday liftoff will be yet another chapter in his remarkable life of adventure and exploration. A naturalised US citizen and hitting the age of 80, he has travelled to all the countries on our planet — seven continents, 196 countries, says his website chronicling some of his travels. He has been to both the North and South Poles, skydived above Mount Everest, and visiting the Pyramids of Giza. He has a private pilot licence too. Professionally, his LinkedIn profile shows, he is the president of a US-based real estate company, Bahal Properties. Devout Sikh, almost got into army, how Arvi came to US Born on October 13, 1945, in Agra, Bahal grew up near the iconic Taj Mahal, his website says. He is described as a devout Sikh in his brief profile on the site. After the NDA exit, he spent nearly four years working on a Scottish-owned tea plantation in Darjeeling before entering the garment-manufacturing business near Delhi by 1970, it says. 'I came to America in 1975 to sell my wares… I liked it here, asked for immigration," he told United Planet radio. His website says he came to the US 'with just $108' and got citizenship by the end of the 1970s. In 1979, he married Pamela, and they have two children: Sukhvinder, a fintech professional, and Tasha, a lawyer; and grandchildren. How Arvi Bahal got into real estate In the course of his travels for work at the time, he went to Canada, where he bought his first property. 'I saw the returns looked good… since then I have been in real estate which gives me time to travel,' he further said in that 2017 interaction with the online radio channel. Of his travels, India, where he was born, and China were his favourites, he said. A resident of Beverly, Massachusetts, he claims to have an archive of over a million images as a photographer. He has also written about his travels in at least one publication, titled The Tireless Traveler, which is also the title of his website. Travels, and fascination with space His Facebook account has the most recent post from July, which includes photos from a trip to historical places in Afghanistan. An Instagram account in his name shows he visited Sikh shrines in Pakistan — including Gurdwara Panja Sahib linked with Guru Nanak Dev — last year. Another post carries videos of the Sagsai Eagle Festival held in Mongolia. He was exploring opportunities to travel towards space at least a decade ago too, interviews and articles online show. He reportedly placed his deposit with the space tourism company called Virgin Galactic, owned by British billionaire Richard Branson; and was 'Future Astronaut No. 326' at one time. That company shut down in 2023. His space dream, however, remained alive. As far back as 2012, his Instagram has a post showing a rocket takeoff. Arvi Bahal on Blue Origin flight And he's now set for liftoff with Blue Origin, the space company owned by US billionaire entrepreneur Jeff Bezos who most famously owns Amazon. Welcoming Arvi Bahal on the New Shepard programme, Blue Origin wrote on X, 'Welcome to Astronaut Village, NS-34 Crew!' As reported by Blue Origin, the mission will launch from West Texas; the flight window opens at 7:30 am local time. This will be the 14th human flight and the 34th total for Jeff Bezos's Blue Origin New Shepard programme. It has flown 70 people past the planet's atmosphere so far. Who will accompany Arvi Bahl? Joining Bahal on his space journey are Turkish businessman Gokhan Erdem, Puerto Rican meteorologist-journalist Deborah Martorell, British philanthropist Lionel Pitchford, entrepreneur JD Russell, and Justin Sun, ambassador and former Permanent Representative of Grenada. Earlier on April 14, pop star Katy Perry, journalist Gayle King, and four other women were among the Blue Origin crew that took around 11 minutes to fly over the Kármán line before splashing down safely on Earth.
Time of India
18 minutes ago
- Time of India
I want to build a corpus of Rs 1 crore in 10-12 years. Where should I invest?
Academy Empower your mind, elevate your skills To achieve 12-15% CAGR, you'll need to invest aggressively in pure equity mutual funds , with a higher allocation to mid and small caps to drive higher returns. Since you are 35 and have a long time horizon of 12 years, you can take risk and look at investing 20% in growth-oriented flexicap funds, 20% in value-oriented flexi-cap funds, 20% in contra funds, 20% in growth-oriented mid-cap funds, and 20% in growth-oriented small-cap funds. This portfolio will help you diversify across different market caps and styles, which is very important for minimising underperformance risk and generating superior returns. To amass `1 crore (pre-tax), assuming 12% CAGR in equity for 12 years, you will need to start a monthly SIP of `35,000. Keeping inflation in mind, the present value of `1 crore will depreciate over time. Hence, you should consider a 5-10% annual SIP top-up to be able to achieve your goal early. Gold may seem risk-free, but it is a risky asset from an investment point of view. Historically, there have been periods in which gold has given negative returns in double digits and has shown prolonged periods of cyclicality. This means that it has not generated any returns for investors for years at a stretch. If you are looking for a non-risky cushioning in your portfolio, investing in debt mutual funds and/or bank fixed deposits of high credit quality would be you retire at 50 with current monthly expenses of Rs 50,000, your expenses in the first year would be around Rs 53,500 per month or Rs 6.42 lakh annually. Assuming 7% annual expense growth, you'll need around Rs 1.38 crore, which means that your current corpus of Rs 2 crore will be sufficient. However, it's crucial to plan your retirement withdrawals right at the start so that you can invest in appropriate instruments and sustain your corpus. Further, ensure that you have adequate health insurance in place, an emergency fund equal to 6-12 months of your expenses, and a medical corpus to take care of out-patient a question for the experts? etwealth@
New Indian Express
an hour ago
- New Indian Express
Trump tariff a blow to gems, jewellery, handicraft
JAIPUR: The Trump administration's decision to impose a 25% tariff on select imports from India has sparked panic among exporters in Rajasthan, particularly those trading with the United States. With America accounting for over Rs 17,000 crore of Rajasthan's total exports worth Rs 85,000 crore, the move is expected to severely impact key sectors such as gems and jewellery, handicrafts, and textiles. The most significant impact will be likely on exports of handicrafts worth Rs 5,000 crore, gems and jewellery worth Rs 7,000-8,000 crore, and garments and textiles worth Rs 1,500 crore to the US. Until now, only textiles attracted a tariff of 5.5%. However, if a uniform 25% tariff is enforced across these categories, exporters fear losing a significant share in the American market. Gems, jewellery sector at risk Previously, this trade faced a modest 5.5% duty. Now, the 25% tariff set to come into effect from August 7 poses a serious threat. Speaking to this newspaper, Naveen Jain, Jeweller and proprietor of Lord Krishna International, said, 'Every year, Rajasthan exports gems and jewellery worth Rs 7,000–8,000 crore to the US. So far, the tariff was 5.5%. With the jump to 25% from August 7, it will be extremely challenging for Indian exporters to remain competitive.' Sanjay Kala, former president of the Jewellers Association and Managing Director of Kinu Baba Gems India Pvt Ltd, echoed the concerns. 'This 25% tariff by the US is a massive challenge for Rajasthan's gems-jewellery, handicrafts and textile sectors. Exports worth over Rs 17,000 crore will be directly affected. Our products will lose their competitive edge globally, leading to a fall in exports and risking the livelihoods of lakhs of artisans and entrepreneurs.' Kala further emphasised the need for immediate government intervention. 'This will have severe economic and social consequences. With such a steep duty in our biggest export market, losses are inevitable. The Centre must initiate strong diplomatic talks with the US and announce special relief schemes to support exporters, ensure continuity in production, and protect employment.' He added, 'We must also diversify our export strategy by tapping into other global markets. Our industry has overcome many challenges before, and with government support and collective resilience, we will navigate this as well.'
