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Latest IPO News, GMP Updates & Market Insights - Page 30

Follow fresh subscription updates, GMP momentum, listing chatter and issuer-level developments without digging through noisy feeds.

30 Sept 2026
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Sai Parenterals IPO to Open March 24; Pharma Major Sets ₹372–₹392 Price Band for ₹409 Crore Mainboard Issue
8 min

Sai Parenterals IPO to Open March 24; Pharma Major Sets ₹372–₹392 Price Band for ₹409 Crore Mainboard Issue

Hyderabad-based pharmaceutical formulation specialist Sai Parenterals Limited has officially announced its IPO price band as it prepares to list on the NSE and BSE. The ₹409 crore offering is strategically timed to fund the company’s aggressive expansion into international markets, including a high-profile acquisition in Australia and the establishment of a state-of-the-art R&D center.

Tipco Engineering India IPO to Open Next Week; Industrial Machinery Player Sets Price Band at ₹84–₹89
8 min

Tipco Engineering India IPO to Open Next Week; Industrial Machinery Player Sets Price Band at ₹84–₹89

Tipco Engineering India Limited, a Haryana-based specialist in industrial process machinery, has finalized its plans for a ₹60.55 crore IPO on the BSE SME platform. As the only SME issue currently scheduled to launch next week, it is drawing significant attention from investors tracking high-growth industrial manufacturing. The company aims to use the funds primarily to become debt-free and expand its working capital.

CMPDI IPO Anchor Round Starts Today; Coal India Subsidiary Sets ₹172 Price Band for ₹1,842 Crore Issue
8 min

CMPDI IPO Anchor Round Starts Today; Coal India Subsidiary Sets ₹172 Price Band for ₹1,842 Crore Issue

Central Mine Planning & Design Institute (CMPDI), the technical "brain" of India’s coal sector and a Mini Ratna subsidiary of Coal India, has opened its Anchor Investor bidding today, March 18, 2026. This 100% Offer for Sale (OFS) is part of the government’s strategic push to list all Coal India subsidiaries, following the blockbuster listing of Bharat Coking Coal (BCCL) earlier this year.

Novus Loyalty IPO Day 2: Tech-Driven Rewards Firm Sees Steady Retail Interest; GMP Remains Flat Amid Valuation Debates
8 min

Novus Loyalty IPO Day 2: Tech-Driven Rewards Firm Sees Steady Retail Interest; GMP Remains Flat Amid Valuation Debates

Novus Loyalty Limited, a Gurugram-based "Loyalty-as-a-Service" provider, is currently in the midst of its ₹60.15 crore SME IPO. While the retail segment showed an early lead on Day 1, the overall subscription remains at a balanced pace as investors weigh the company’s explosive H1-FY26 profit growth against its aggressive pricing in a competitive SaaS market.

Speciality Medicines IPO Set to Open on March 20; Pharma Marketer Targets ₹29 Crore for Global R&D and Expansion
8 min

Speciality Medicines IPO Set to Open on March 20; Pharma Marketer Targets ₹29 Crore for Global R&D and Expansion

Ahmedabad-based Speciality Medicines Limited, a high-growth distributor of specialty pharmaceutical formulations (oncology, immunology, and neurology), is launching its ₹29.14 crore SME IPO this Friday. With a price band of ₹117 to ₹124, the company aims to transition from a pure distribution model to a research-driven entity by setting up its own R&D center and accelerating international product registrations.

GSP Crop Science IPO Day 3: Final Bidding Today; Issue 96% Subscribed Amid Strong HNI Interest and Muted Retail Response
8 min

GSP Crop Science IPO Day 3: Final Bidding Today; Issue 96% Subscribed Amid Strong HNI Interest and Muted Retail Response

The ₹400 crore mainboard IPO of Ahmedabad-based GSP Crop Science concludes its three-day subscription window today. While the overall issue is nearly fully booked at 96% (as of Day 2 close), a stark divide has emerged between institutional enthusiasm and retail caution, with the Grey Market Premium (GMP) remaining flat at par.

Innovision IPO Price Band Slashed & Date Extended; Manpower Giant Struggles to Find Takers Amid 0.31x Subscription
8 min

Innovision IPO Price Band Slashed & Date Extended; Manpower Giant Struggles to Find Takers Amid 0.31x Subscription

In a rare move for a Mainboard issue, Innovision Limited has officially extended its IPO closing date to March 17, 2026, and reduced its price band to ₹494–₹519. The Delhi-based manpower and toll management company, which originally planned to close on March 12, made the decision after the issue remained undersubscribed at just 31% by the end of its fourth day.

Novus Loyalty IPO Anchor Round Goes Live Today; Gurugram Tech Firm Eyes ₹60 Crore for Loyalty SaaS Expansion
8 min

Novus Loyalty IPO Anchor Round Goes Live Today; Gurugram Tech Firm Eyes ₹60 Crore for Loyalty SaaS Expansion

Novus Loyalty Limited, a B2B technology provider specializing in digital rewards and loyalty infrastructure, has opened its Anchor Investor bidding today, March 16, 2026. The company is launching its ₹60.15 crore SME IPO to fund new product development and aggressive marketing. With a price band of ₹139 to ₹146, the issue is set to open for public subscription tomorrow, March 17.

GSP Crop Science IPO Opens Today; Agrochemical Leader Targets ₹400 Crore for Debt Reduction & R&D Expansion
8 min

GSP Crop Science IPO Opens Today; Agrochemical Leader Targets ₹400 Crore for Debt Reduction & R&D Expansion

Ahmedabad-based GSP Crop Science Limited, a research-driven agrochemical manufacturer with over 40 years of industry presence, has launched its ₹400 crore mainboard IPO today. Following a successful ₹120 crore anchor round, the company is offering a mix of fresh equity and an Offer for Sale (OFS) to strengthen its balance sheet and capitalize on the rising global demand for crop protection solutions.

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