PhonePe files updated IPO papers to raise $1.5 billion at $15-billion valuation| Business News

PhonePe Ltd. has updated its draft papers for what’s set to India’s biggest initial public since at least October 2025, but a clear timeline for listing wasn’t immediately available. When it goes on the floors, the PhonePe IPO will be India’s largest IPO since Tata Capital’s $1.7 billion share sale in October 2025. On offer […]

PhonePe IPO gets SEBI nod but needs to file an updated DRHP first| Business News

India’s largest payments app PhonePe has received regulatory approval for an initial public offering, except it has to file updated draft papers. That sets the stage for one of the most anticipated fintech IPOs in India. PhonePe leads India’s digital payments ecosystem with over 45% market share in UPI transactions. (HT) The PhonePe IPO is […]

Wakefit cuts IPO size, sets price band for a valuation of up to ₹6,000 crore| Business News

Wakefit Innovations Ltd. has reduced the size and declared the price band for its IPO for a valuation of up to ₹6,000 crore. Wakefit is a mattress and home furnishings company in India. (Unsplash) On offer in the Wakefit IPO are new shares worth ₹377 crore—as against ₹468 crore planned earlier—alongwith an offer-for-sale of 4.67 […]

Sudeep Pharma shares surge as much as 32% over IPO price on listing day| Business News

Sudeep Pharma Ltd. listed at a premium over its IPO price today, underscoring the demand for new stocks in the world’s fourth largest stock market. Officials of Sudeep Pharma ahead of the listing ceremony at the National Stock Exchange on Friday, 28 November 2025. Earlier, the Sudeep Pharma IPO was subscribed 93.71 times over the […]