Ellenbarrie Industrial Gases has announced the price range for its forthcoming initial public offering (IPO), fixing the band between ₹380 and ₹400 per equity share, each having a face value of ₹2. The issue structure includes an initial lot size of 37 equity shares, with an additional 37 shares allocated upon application confirmation. This structure is designed to accommodate a wider base of retail and institutional participation while optimizing share distribution mechanics under current regulatory norms.
HDB Financial Services, the non-banking financial company (NBFC) affiliated with HDFC Bank $HDFCBANK.NS, is preparing to open its ₹12,500 crore initial public offering on June 25. The offering price has been set between ₹700 and ₹740 per share. This will be one of the most notable public listings in India’s financial sector this year, as the company targets capital expansion without selling any existing shares.
Globe Civil Projects Ltd. is making its public debut this week, joining a wave of initial public offerings (IPOs) hitting the Indian markets. The infrastructure company has announced a ₹119 crore issue, opening for public subscription on June 24, 2025, with a completely fresh equity offering. Unlike many IPOs that include an offer for sale (OFS), this issue is entirely comprised of a new issuance of 16.8 million shares, reflecting the company’s intent to raise primary capital for growth.
Shares of Mumbai-based real estate developer Kalpataru Ltd. are trading at a grey market premium (GMP) of ₹9, or 2.17%, ahead of the company’s initial public offering (IPO), set to open on Tuesday, June 24. The modest markup in the unofficial market offers an early indication of investor sentiment, while also highlighting restrained expectations amid a cautious IPO landscape in India.
Oswal Pumps Ltd, a domestic manufacturer of industrial and agricultural pumping systems, debuted on Indian stock exchanges on June 20, 2025, following the successful closure of its Initial Public Offering (IPO). The listing underscores investor demand for mid-cap industrial firms aligned with infrastructure growth trends.
The global market for initial public offerings (IPOs) has experienced a significant slowdown in 2025, with activity falling to its lowest level in nearly a decade. According to data from LSEG as of June 17, the total IPO volume worldwide has shrunk by 9.3% year-on-year, reaching only $44.3 billion, the weakest performance since 2016. This slump is attributed to a confluence of adverse factors — including U.S. trade tariffs, persistent equity market volatility, and elevated interest rates — all of which have deterred companies from pursuing listings.
LG Electronics Inc. $066570.KS is reportedly preparing to revive its initial public offering plans for its Indian subsidiary, LG Electronics India, targeting a formal filing in September 2025. The renewed effort comes after the South Korean consumer electronics giant had previously shelved the listing due to heightened market turbulence. The company is expected to submit a refreshed draft red herring prospectus (DRHP) to Indian regulators following the conclusion of the summer season, aligning the new documentation with updated financial metrics and performance disclosures for FY2024–2025.
Cirsa, the Spain-based gaming and casino company owned by private equity firm Blackstone Inc. $BX, has officially announced its intention to launch an initial public offering (IPO) on the Madrid Stock Exchange later this year. The move is designed to raise up to €460 million ($529 million) through a combination of newly issued shares and a secondary offering.
The ₹1,387 crore initial public offering (IPO) of Oswal Pumps Ltd.—a rapidly expanding solar pump manufacturer in India—garnered a full subscription by the second day of bidding. As of 14:15 on Monday, bids had been placed for 1.75 crore equity shares against 1.62 crore on offer, translating into an overall subscription rate of 1.08x. The offering saw robust traction from non-institutional investors (NIIs), who oversubscribed their allocated quota by 2.62 times. Retail individual investors (RIIs) followed, subscribing to 89% of their portion. In contrast, qualified institutional buyers (QIBs) showed limited engagement, covering just 24% of their reserved share.
The initial public offering (IPO) of Monolithisch India Ltd, an SME-sector participant, closed on June 16, 2025, with the issue oversubscribed 14.56 times, according to data from the National Stock Exchange (NSE). The offer, which opened on June 12, attracted intense investor interest despite broader macroeconomic caution.
Hong Kong Exchanges and Clearing Ltd $0388.HK is taking strategic steps to enhance its standing as a global financial hub. In a bid to attract cross-border capital flows and new listings, HKEX is actively courting companies from Southeast Asia and the Middle East—especially those seeking secondary listings. CEO Bonnie Chan recently outlined this direction, positioning Hong Kong as a vital gateway between East and West.
Shein, the global fast-fashion e-commerce giant, is planning to list its shares in Hong Kong, redirecting its IPO ambitions from London after reportedly failing to secure approval from China's securities regulators. This shift reflects a calculated effort to reduce geopolitical risk and avoid the heightened scrutiny that Western markets are placing on supply chain transparency and ethical sourcing.
