Groww IPO in November: ₹7,000 Cr Issue, ₹1,060 Cr Fresh + 57.42 Cr OFS; Valuation Target $7–8 Billion
Key details FAQs
Midwest Limited, incorporated in 1981, is engaged in exploration, mining, processing, marketing, distribution, and export of natural stones, and is a leading producer and exporter of Black Galaxy Granite known for its distinctive golden flakes. Midwest Ltd. IPO Mainboard book‑built issue (Fresh + Offer for Sale + Employee) UPCOMING IPO IPO Window Oct 15 –
Offer snapshot Use of proceeds (fresh issue) Business overview and scale Founded in 1981, Midwest focuses on natural stone exploration and processing (granite, marble, limestone, travertine) with diversification into mining, including overseas assets; it is among India’s sizable stone exporters with 1,600+ employees and proposed mainboard listing, per company and aggregator summaries. Industry outlook for
What happened at listing Shares opened at ₹81.5–₹82.5 versus the ₹128–₹135 band, a 39–40% cut to issue price on NSE/BSE, far below the grey market’s near-par expectations around ₹132, signaling a late slide in sentiment and order depth. Category demand was adequate but not euphoric—overall 3.86–3.88x with NIIs ~7.39x, QIBs ~3.97x, and retail ~2.75x—leaving little
LG Electronics India: Day 2 picture Tata Capital: Day 3 picture What this means near term Key dates at a glance FAQs
Investment view Brokerages broadly recommend “Subscribe,” citing leadership across home appliances and consumer electronics, a vast offline network, and consistent financial momentum; grey-market premium near 24–28% implies a constructive debut setup, though GMP is unofficial and volatile. The offer is a 100% OFS by the Korean parent, so no primary cash enters the India entity;
Overview and stance LG Electronics India is bringing a ₹11,607 crore issue structured as a 100% offer for sale at a price band of ₹1,080–₹1,140, implying roughly ₹77,000–₹77,400 crore market cap at the top end, and opening for bids October 7–9 with tentative listing on October 14. The debut sentiment is buoyed by a grey
Allotment status update The basis of allotment typically goes live on the registrar’s portal first; applicants should check Bigshare Services using PAN, Application Number, or DP Client ID, and expect possible “No records found” until final synchronization completes across systems. BSE and NSE IPO pages reflect the same data after backend updates, which may lag
Allotment status: what to expect The registrar is set to publish the basis of allotment today; applicants will be able to view status on KFin Tech by entering PAN, application number, or DP ID once records are updated across portals. Parallel status checks will also appear on BSE and NSE IPO pages; delays of a
Big IPOs: Day-One Reality Check Mega IPOs capture headlines, but day-one performance often cuts through the hype, revealing how pricing, sentiment, and supply truly meet demand on the exchange floor. The recent Hyundai India listing and the earlier tech-era swings show that even iconic brands can slip at open if valuations run hot or the
Tata Capital’s ₹15,511.87 crore IPO runs Oct 6–8 at ₹310–₹326 with a 46‑share lot; allotment is Oct 9 and listing is Oct 13 on NSE/BSE. The offer comprises a fresh issue of 21.0 crore shares (₹6,846 crore) to augment Tier‑I capital and an OFS of 26.58 crore shares (₹8,665.87 crore) by Tata Sons and IFC.
Canara Robeco Asset Management Company Limited is launching a mainboard IPO on Oct 9–13, 2025, priced in the ₹253–₹266 band with a minimum lot of 56 shares, and the issue is a 100% Offer for Sale of 4.985 crore shares. IPO terms About the company Financials snapshot Status of filings and approvals How to apply