IPO Watch

Horizon Industrial has filed for an initial public offering (IPO) worth Rs. 2,600 crore, signaling the company’s intent to strengthen its financial position and fund expansion initiatives. The proposed listing aims to support capacity enhancement, working capital requirements, and debt reduction, while boosting corporate visibility and governance standards. Analysts view the move as a strategic step to capitalize on favorable market conditions and investor appetite for industrial and manufacturing plays.

India’s capital markets regulator has approved initial public offerings for four companies, including Knack Packaging, marking a renewed pipeline of listings amid cautious investor sentiment. The clearances reflect improving confidence in the primary market after a period of selectivity driven by global volatility and valuation concerns. The companies span diverse sectors, highlighting the breadth of India’s entrepreneurial and manufacturing base seeking public capital.

Automotive lighting manufacturer Neolite ZKW Lightings has announced plans to tap the capital markets with a proposed initial public offering worth Rs. 600 crore. The issue is aimed at supporting the company’s next phase of growth, including capacity expansion, technology upgrades and balance sheet consolidation. The IPO comes at a time when investor interest in auto-component companies remains strong, driven by rising vehicle demand and increasing focus on advanced lighting and safety solutions.

WOG Technologies has taken a significant step toward the capital markets, announcing plans to raise Rs 375 crore through a fresh issue as part of its proposed initial public offering. The move reflects growing investor appetite for technology-led infrastructure and sustainability-focused businesses amid an evolving market landscape. Proceeds from the issue are expected to support expansion initiatives, strengthen the balance sheet and fund long-term growth strategies.

SS Retail has taken a significant step toward capital markets by filing draft papers with the Securities and Exchange Board of India (SEBI) for a proposed Rs. 500 crore initial public offering (IPO). The move reflects the company’s ambition to strengthen its balance sheet, fund expansion plans and enhance brand visibility in an increasingly competitive retail landscape. The proposed offering comes at a time when consumer-facing businesses are recalibrating growth strategies amid shifting demand patterns and tighter capital conditions.

Quick-commerce firm Zepto has taken a decisive step toward the public markets by filing confidential draft papers for an initial public offering valued at approximately Rs 11,000 crore. The move signals growing confidence among new-age consumer internet companies as capital markets show renewed openness to tech-led business models. By opting for a confidential filing, Zepto aims to retain strategic flexibility while fine-tuning its financials and growth narrative ahead of a potential listing.

E2E Transportation has opened its initial public offering (IPO), marking a significant milestone in its growth trajectory and signaling investor interest in India’s logistics sector. The IPO aims to raise capital to expand fleet capacity, enhance technology-driven operations, and strengthen market presence across domestic and regional corridors. Analysts suggest that the offering could attract long-term investors seeking exposure to a sector benefiting from rising e-commerce, industrial distribution, and supply chain modernization.

Mits Healthcare is stepping into the capital markets with an initial public offering aimed at funding its next phase of expansion and strengthening its competitive position in the pharmaceutical space. The IPO is designed to support capacity enhancement, broaden the product portfolio and deepen market reach in domestic and overseas markets. Coming at a time of sustained interest in healthcare investments, the issue underscores the company’s intent to leverage public capital for long-term growth.

Tonbo Imaging, a defence-focused optics and imaging manufacturer, has taken a decisive step toward listing on Indian stock exchanges by submitting draft offer documents for an initial public offering. The move signals growing investor appetite for indigenous defence technology firms amid heightened government emphasis on self-reliance and domestic procurement. The proposed IPO is expected to support Tonbo Imaging’s expansion plans, research capabilities, and balance sheet strength.

The initial public offering of Gujarat Kidney and Super Speciality Ltd. garnered a solid response from investors, achieving 2.67 times subscription by the end of the second day of bidding. The demand reflects growing investor appetite for healthcare-focused companies, particularly those operating in niche and high-growth segments such as specialized medical services. Market participants attribute the interest to the company’s business model, expanding healthcare needs, and improving sentiment toward small and mid-sized IPOs.