Stories tagged by our AI curator.
Zetwerk's IPO closes with 3.06X subscription; early investors Kae Capital and Kalysta Capital realize 38.3X returns, while Peak XV and Lightspeed also divest substantial holdings.
Tonbo Imaging's three cofounders collectively pocketed ₹137.2 Cr from the company's ₹852 Cr IPO, with significant gains also realized by early investors.
Opinion piece argues that Anthropic's delayed IPO and conflicting market signals around AI safety concerns, rival CEO concerns, and the company's own prospectus warnings of existential risks suggest structural issues with the AI IPO wave.
Reliance Industries' Jio Platforms IPO closed day one of subscription with 3.15X coverage led by institutional investors, with QIBs subscribing at 9.42X and retail investors at 72% of their allocation.
Jio Platforms' ₹30,213 crore IPO was oversubscribed 4.86 times in the QIB category within two hours, though retail and non-institutional portions remained undersubscribed, valuing the company at $108 billion.
Hunger Pangs Limited, parent of Indian restaurant chain Burma Burma, filed its IPO draft with SEBI proposing ₹150 Cr fresh issue and share sales from co-founders.
Reliance Industries' Jio Platforms is launching a ₹30,213 Cr IPO, reportedly the largest in India, with subscription opening October 21-23 at a ₹1,065–₹1,119 price band.
Over 70 Indian new-age tech startups have achieved public listings, with 13 more crossing the milestone in 2026. Companies like Razorpay, PhonePe and others are in various stages of their IPO journey.
Bengaluru-based defence tech firm Tonbo Imaging's ₹852 Cr IPO is oversubscribed with a 71% grey market premium, raising questions about valuation amid growing global demand for advanced imaging and sensing systems.
