The action across the primary market just got more hectic after the Securities and Exchange Board of India (SEBI) approved 13 IPOs. Of this long list, the five major companies that are set to raise funds include- boAt parent company- Imagine Marketing, Urban Company, Juniper Green, Jain Resource Recycling, and Mouri Tech. These firms will raise more than Rs 21,000 crore from the primary markets.
boAt IPO
Imagine Marketing will be launching its initial public offering (IPO) as India’s markets regulator, SEBI, gave the nod. Imagine Marketing is the parent firm of the wearable electronics brand boAt. In April 2025, boAt confidentially filed draft papers with SEBI. The Warburg Pincus-backed company is aiming for a valuation of Rs 13,000 crore, according to news reports. This is the second attempt by the company to go public. Earlier, boAt had filed draft papers in January 2022 to raise Rs 2,000 crore from the primary markets through IPO. This included a fresh issue of equity shares valued at Rs 900 crore and a sale offer (OFS) totalling up to Rs 1,100 crore.
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The technology-driven online marketplace Urban Company, which offers home and beauty services, will be launching its IPO to raise Rs 1,900 crore on September 10. The issue is a combination of fresh issue of 4.58 crore shares aggregating to Rs 472 crore and an offer for sale of 13.86 crore shares totalling to Rs 1,428 crore. The IPO will close on September 12. The allotment for the IPO is expected to be finalised on September 15. Urban Company IPO will list on BSE and NSE with a tentative listing date fixed as September 17. The price band has been set between Rs 98 -103 per equity share. Kotak Mahindra Capital Co. Ltd. is the book-running lead manager, and MUFG Intime India is the registrar for the issue.
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The Gurugram-based Juniper Green Energy, which is a renewable power producer, has received approval from SEBI to go public.
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