Sebi clears 13 IPOs
BENGALURU: Capital markets regulator Sebi has approved 13 initial public offerings (IPOs), adding momentum to the pipeline of companies preparing to list in the second half of 2025. The clearances include Tiger Global-backed Urban Company and consumer electronics brand Imagine Marketing, the parent of Boat.
As per TOI’s calculations, these IPOs sizes round up to about Rs 14,000 crore. This tally does not include undisclosed IPO sizes of Boat and Priority Jewels.
Paving the way for one of the largest listings in India’s consumer internet sector this year, Urban Company, has received approval for its Rs 1,900 crore issue. The offer comprises a fresh issue of equity shares worth Rs 429 crore and an offer-for-sale (OFS) of Rs 1,471 crore by existing shareholders, including Accel, Bessemer, Elevation, Internet Fund V, and VYC11. Founded in 2014 by Abhiraj Singh Bhal, Raghav Chandra, and Varun Khaitan, the Gurugram-based firm provides at-home services across beauty, cleaning, and repairs. It plans to deploy the fresh proceeds towards organic growth, technology investments, and general corporate purposes.
Boat, which had earlier deferred its listing plans, revived the process this year through Sebi’s confidential pre-filing route. Imagine Marketing filed on April 9 and received clearance on August 1. Its IPO is expected to be closely tracked given the brand’s scale in wearables and lifestyle electronics.
Other companies that secured Sebi observation letters include Allchem Lifescience, Pace Digitek, Jain Resource Recycling, Om Freight Forwarders, Corona Remedies, Priority Jewels, Mouri Tech, Ravi Infrabuild Projects, KSH International, Omnitech Engineering, and Juniper Green Energy. The issues span fresh offerings, OFS, and combined structures.
The approvals underline renewed investor appetite across sectors, from technology-enabled services and consumer electronics to pharmaceuticals, engineering, and infrastructure. With 13 firms now cleared to tap the public markets, primary issuance activity is set to accelerate through the remainder of the year.
As per TOI’s calculations, these IPOs sizes round up to about Rs 14,000 crore. This tally does not include undisclosed IPO sizes of Boat and Priority Jewels.
Paving the way for one of the largest listings in India’s consumer internet sector this year, Urban Company, has received approval for its Rs 1,900 crore issue. The offer comprises a fresh issue of equity shares worth Rs 429 crore and an offer-for-sale (OFS) of Rs 1,471 crore by existing shareholders, including Accel, Bessemer, Elevation, Internet Fund V, and VYC11. Founded in 2014 by Abhiraj Singh Bhal, Raghav Chandra, and Varun Khaitan, the Gurugram-based firm provides at-home services across beauty, cleaning, and repairs. It plans to deploy the fresh proceeds towards organic growth, technology investments, and general corporate purposes.
Boat, which had earlier deferred its listing plans, revived the process this year through Sebi’s confidential pre-filing route. Imagine Marketing filed on April 9 and received clearance on August 1. Its IPO is expected to be closely tracked given the brand’s scale in wearables and lifestyle electronics.
Other companies that secured Sebi observation letters include Allchem Lifescience, Pace Digitek, Jain Resource Recycling, Om Freight Forwarders, Corona Remedies, Priority Jewels, Mouri Tech, Ravi Infrabuild Projects, KSH International, Omnitech Engineering, and Juniper Green Energy. The issues span fresh offerings, OFS, and combined structures.
The approvals underline renewed investor appetite across sectors, from technology-enabled services and consumer electronics to pharmaceuticals, engineering, and infrastructure. With 13 firms now cleared to tap the public markets, primary issuance activity is set to accelerate through the remainder of the year.
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