Mukesh Ambani says Jio Platforms’ IPO plans are progressing, pointing to a major step forward. He attributes valuation strength to subscriber momentum, improving ARPU, and continued growth. The listing, he suggests, could unlock significant value and potentially rank among India’s largest IPOs—watch closely for what comes next.
Amazon backed nuclear startup X-energy has raised about 1 billion in an IPO, pulling in roughly 20% more than expected. The company’s data center driven strategy is drawing fresh investor attention as demand for nuclear power climbs, reflecting the growing urgency for steady, large scale electricity to support AI and cloud workloads.
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SEBI has cleared IPO plans for four firms across logistics, alternatives, real estate and manufacturing. The issuers are betting on rising sector demand and investor interest to fund growth. Analysts warn that competitive intensity, business cycles and shifting preferences could still influence how the stocks perform after listing.
RentoMojo’s IPO road has hit an NCLT roadblock after ex-COO Ajay Nain alleged he was coerced into selling his 9.41% stake at a fraction of value. Nain says executives hinted at imminent liquidation and used “fraud and misrepresentation,” pressing for the deal to be voided and the IPO halted. RentoMojo says the matter is sub-judice.
PlaySimple, the MTG-owned Swedish casual mobile game developer, has filed a DRHP with SEBI for an OFS-only IPO worth Rs 3,150 crore, with MTGx Gaming Holding AB as the sole seller. The firm runs 30 live games across 110+ countries, with 4.99 million DAUs. Revenue rose 20% in 2025, but profits fell 31% as expenses—led by ad and commissions—jumped sharply.
Ajay Nain, former COO and cofounder of IPO-bound RentoMojo, has petitioned NCLT Bengaluru claiming he was pushed out through a misleading, undervalued share sale in 2023. He alleges fraud and pressure to sell his 9.41% stake, while later buyouts and funding priced shares much higher—casting doubt on the “financial stress” narrative and potentially stalling the proposed IPO.
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SpaceX’s IPO pitch signals a strategic pivot: its AI unit is projected to consume 61% of 2025 capital spending. Even with Starlink generating profits, the scale of AI investment—and possible deals tied to tools like Cursor—could stretch SpaceX’s cash runway against deep-pocketed Big Tech players.
Flipkart is reportedly considering a standalone app for its quick commerce arm, Flipkart Minutes, potentially launching before this year’s Big Billion Days sale. A pilot could roll out by July, with a full launch targeted before year-end. Minutes has already scaled to 800 dark stores and is racing toward 1,200, amid heavy competition and Flipkart’s pre-IPO funding plans.
India’s thriving IPO market is helping global investors lock in major exits, but it’s also squeezing the rupee. As PE and VC funds repatriate returns, net FDI has fallen sharply, increasing vulnerability to shifting capital flows. Analysts say the current churn looks like stress, yet it could also be the beginning of a more mature, stable capital cycle by FY27.
Maharashtra’s cabinet has approved a financial restructuring plan for state-owned power distribution firm Mahavitaran that will split it into two entities. One entity is slated for listing on stock exchanges after an IPO is launched within six to nine months of completing the recast process, marking a major shift in the state’s power-sector strategy.
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Ace investor Mukul Agarwal increased his exposure to True Colors, adding a 1.62% stake during the quarter ended March 31. The purchase involved nearly 4 lakh shares, even as the stock continues to trade about 10% below its IPO price. The move highlights investor appetite despite a softer market debut.
Akasa Air is reportedly prepping for an IPO, but analysts don’t expect it to reach EBITDA profitability soon. That puts pressure on founder Rakesh Jhunjhunwala’s “last big bet,” which plans to list in the coming years. The carrier will need substantial operational improvements to earn a valuation closer to IndiGo’s, rather than its current trajectory.
Licious has kicked off its pre IPO plans, bringing in a new CFO and building an omni channel strategy aimed at doubling down on profitability. But the company’s promise of 10 minute deliveries is adding operational pressure, raising questions about margins and scalability even as it positions itself for capital markets investors.
SpaceX is hosting a three-day run of analyst briefings this week across its Texas launch facility and Tennessee data center as it gears up for a landmark IPO. The company is targeting as much as $75 billion, with a late-June debut in sight. Sources say retail investors will receive a notable portion of the shares, adding fuel to the hype.
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Vishal Nirmiti has received Securities and Exchange Board of India approval for its initial public offering, including a mix of a fresh issue and an offer for sale. The company plans to use IPO proceeds to strengthen working capital, reduce debt, and fund growth across its railway and EPC infrastructure segments.
March saw 38 companies file draft IPO papers with SEBI, including SBI Funds Management and Manipal Health Enterprises. The jump points to improving issuer sentiment, even as longer regulatory timelines helped concentrate filings. The activity suggests a stronger pipeline ahead, potentially widening investment opportunities, but timelines will still depend on SEBI’s scrutiny and approvals.
Om Power Transmission’s Rs 150 crore IPO is nearing its close with about 81% subscription. Retail demand remains steady, but grey market premiums point to a modest potential listing gain rather than a blockbuster. The EPC company plans to use IPO proceeds for business expansion, reducing debt, and supporting its strong order book amid competitive power transmission projects.
India’s logistics industry is gearing up for a wave of IPOs, with multiple firms planning to raise roughly ₹8,000–9,000 crore. Companies including Horizon Industrial Parks, Leap India, and Shiprocket are stepping into the public markets as demand improves and policy support strengthens. The rush signals investors are betting on logistics’ next growth leg through last mile scale.
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Svatantra Microfin, backed by Advent International and founded by Ananya Birla, is reportedly preparing for an India IPO that could raise up to $250 million. The firm has appointed Kotak Mahindra Capital and Axis Capital as advisers and plans to file draft paperwork in the coming months, with the offer likely combining new and existing shares.
SEBI has approved four IPOs: Avaada Electro, Grand Housing, Sonaselection India, and Vishal Nirmiti. Avaada Electro, a major renewable energy player, is expected to lead the set, aimed at funding expansion and supporting growth plans. The approvals open the door for these companies to move toward listing in the Indian markets.
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