IPO

The NSE Nifty 50 rose as much as 0.8% to 24,378.15, while the BSE Sensex rose as much as 0.85% or 655 points to 78,127.52.

Hospital chain plans to file an updated draft prospectus soon, with the proposed issue expected to be close to $1 billion, sources said.

The unlisted shares of Knack Packaging were trading at Rs 199, indicating a possible listing gain of over 16% when the stock debuts on the markets next week.

The NSE Nifty 50 rose 0.71% to 24,175.70, while the BSE Sensex gained 0.75% to 77,502.12.

The country's largest asset manager plans to seek a valuation of 1.15 trillion rupees ($12.1 billion) to 1.20 trillion rupees, lower than the $14 billion to $15 billion planned previously.

Swara Baby IPO will be a combination of fresh issuance of shares worth Rs 500 crore and an offer for sale (OFS) of Rs 500 crore.

The confidential filing route enables companies to keep draft disclosures private during the initial review stage, a mechanism that has gained traction among large issuers in India.

The GMP for the SME IPO of Kratikal Tech has soared over 180%, with the unlisted shares trading at Rs 175 in the private market.

The shares of Knack Packaging will be listed on both the National Stock Exchange and the BSE on July 08.

The proposed IPO is a combination of a fresh issue of 60 lakh equity shares and an OFS of 25 lakh shares by a promoter Senthil Kumar Chinnusamy.

The proposed IPO is entirely a fresh issue of equity shares with no Offer For Sale (OFS) component, according to the Draft Red Herring Prospectus (DRHP) filed on Tuesday.

The NSE Nifty 50 closed 140.10 points, or 0.59%, higher at 24,005.85, while the BSE Sensex gained 443.97 points, or 0.58%, to end at 76,922.64.

Aastha Spintex's Rs 170 crore IPO closes July 1 with positive GMP indicating a likely 4.6% listing gain.

The Rs 439.5 crore IPOconsists of a fresh issue of equity shares worth up to Rs 380 crore and an offer for sale (OFS) of up to 35 lakh equity shares, valued at about Rs 59.5 crore, by existing shareholders.

The proposed IPO comprises a fresh issue of shares aggregating up to Rs 150 crore.

Fibe reported Rs 257.5 crore profit in FY26, while AUM more than doubled to Rs 8,603 crore, highlighting its focus on profitable growth.

The company plans to use the proceeds from the fresh issue for debt payment and general corporate purposes.

Beyond the headline numbers — restated profitability in FY24 and FY25 after a loss in FY23, a borrower base spanning India, the US and Europe — the risk factors section of the DRHP runs to nearly a hundred pages and lays out a company whose revenue base, legal exposure and capital structure should be looked at.

Sources said Prism may also undertake a pre-IPO placement of up to Rs 1,330 crore before the public issue. The company plans to raise Rs 6,650 crore entirely through a fresh issue of shares, with no offer for sale (OFS) component.

The latest grey market premium for these three IPOs suggests a potential listing gain ranging from 3% to 8%.