Here are the highlights:
📱 PhonePe — India's largest UPI payments app filed for a ₹11,000 Cr all-OFS IPO at an estimated market cap of ~₹1,10,000 Cr.
🌱 Advanta Enterprises — Global hybrid seeds company backed by KKR and Alpha Wave, filed for a ~₹2,000 Cr all-OFS IPO.
🏭 Horizon Industrial Parks — Blackstone-backed logistics and industrial parks developer filed for a ₹2,600 Cr fresh issue with zero OFS.
🔭 Tonbo — Defense imaging company whose technology was used in the Uri surgical strike and Operation Sindoor. They are looking at a ~₹960 Cr IPO at ~₹2,000 Cr estimated market cap.
💊 Symbiotec Pharmalab — Pharma API manufacturer backed by Motilal Oswal and Rosewood Investments. ~₹2,200 Cr IPO at ~₹9,000 Cr market cap.
🏨 Travelstack (FabHotels) — Corporate travel management platform backed by Accel, NewQuest and Qualcomm. ~₹4,000 Cr IPO at ~₹6,000 Cr market cap.
🧠 Rays of Belief — Therapy and intervention programs for children with autism and ADHD. Small ~₹100 Cr fresh issue, backed by Rainmatter and KAPICO.
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