#SEBI #IPO #UrbanCompany #boAt #JuniperGreenEnergy #CoronaRemedies #Allchem #IndianMarkets #EquityMarkets #MutualFundsSahiHai #StockMarketIndia #InvestInIndia #PrimaryMarket #DalalStreet
Mumbai – The Indian primary market is set for another wave of public offerings as the Securities and Exchange Board of India (SEBI) has given its approval to 13 companies to launch their initial public offerings (IPOs). These approvals, formally called “observations” in SEBI parlance, were issued between August 1 and August 29, according to the regulator’s website. The clearances enable these companies to bring their share sales to market within the next 12 months.
The list includes several high-profile names such as Tiger Global-backed Urban Company, Warburg Pincus-backed Imagine Marketing (parent of boAt), and renewable energy major Juniper Green Energy. Alongside them, companies from diverse sectors including pharma, IT, logistics, chemicals, jewellery, and recycling have also received the green light, underscoring the buoyancy in India’s IPO pipeline.
Urban Company IPO: ₹1,900 Crore Plan
Urban Company, India’s leading home services marketplace, filed its draft red herring prospectus (DRHP) in April 2025 and received SEBI’s nod on August 29. The company plans to raise about ₹1,900 crore, which will include a fresh issue of ₹429 crore and an offer for sale (OFS) worth ₹1,471 crore.
The OFS will see partial exits from marquee investors including Accel India, Elevation Capital, Bessemer India, Internet Fund V, and VYC11 Ltd. The IPO is expected to be one of the most closely watched listings, given the company’s dominant presence in the fast-growing on-demand services sector.
boAt Parent Aims for ₹13,000 Crore Valuation
Another highlight is Imagine Marketing Ltd., the parent of consumer wearables and audio brand boAt. Backed by Warburg Pincus, the company received SEBI’s observation on August 1.
Media reports suggest the company is targeting a valuation of around ₹13,000 crore, marking one of the most significant consumer brand IPOs in recent years. The success of boAt in India’s highly competitive wearables and accessories market has raised investor expectations, and the IPO is anticipated to attract strong interest from both retail and institutional segments.
Juniper Green Energy Eyes ₹3,000 Crore
Juniper Green Energy, part of the AT Holdings group, is planning to raise up to ₹3,000 crore through its public issue. The company, a key player in India’s renewable energy sector, is expected to use the proceeds for expanding its project pipeline and strengthening its clean energy portfolio.
With the government’s strong focus on green energy and the rapid scaling of solar and wind power projects, Juniper Green’s IPO is likely to be watched closely by investors seeking long-term exposure to India’s energy transition.
Pharma, Chemicals, and IT Join the Queue
The approvals also span companies from pharma and chemicals, two segments that have seen heightened investor demand in recent years.
-
Corona Remedies, a pharmaceutical company, is planning to raise ₹1,500–2,000 crore to fund expansion and new product launches.
-
Allchem Lifescience, a speciality chemicals manufacturer, has lined up a combination of fresh equity and OFS to meet its capital needs.
On the IT front, Mouri Tech, an IT services provider, has also secured SEBI’s clearance, underscoring the sector’s continued attractiveness to public market investors.
Jewellery, Logistics, and Manufacturing Firms in Line
Adding to the sectoral diversity are companies from jewellery, logistics, and industrial manufacturing.
-
Priority Jewels, a jewellery manufacturer, is preparing to tap the capital markets, capitalizing on rising domestic demand for branded ornaments.
-
Om Freight Forwarders, a logistics and supply chain company, has also received the go-ahead, reflecting the growth potential of India’s expanding trade and logistics ecosystem.
-
Ravi Infrabuild Projects, engaged in infrastructure development, and Omnitech Engineering, an industrial engineering firm, have also been cleared.
Other companies receiving approvals include:
-
Pace Digitek – power solutions provider
-
Jain Resource – recycling and waste management firm
-
KSH International – magnet winding wire manufacturer
IPO Boom in 2025
India’s primary markets have remained robust throughout 2025, with 50 companies already listed so far this year, and more than a dozen making their stock market debut in August alone.
The strong pipeline reflects both investor appetite for new-age and diversified businesses and the willingness of companies to tap the markets for growth capital. Analysts believe that with India’s sustained GDP growth, rising domestic liquidity, and a deepening equity culture, the IPO momentum is likely to continue into the second half of the year.
Market experts also highlight that the mix of consumer tech, renewable energy, healthcare, manufacturing, and logistics firms in this clearance round represents India’s broader economic transformation, with both traditional and new-age sectors competing for investor dollars.
Conclusion
The SEBI approval for 13 IPOs marks another milestone in what has been a record year for India’s primary markets. From high-profile consumer tech players like Urban Company and boAt to green energy and industrial firms, the diversity of companies entering the IPO pipeline showcases the strength and resilience of India’s corporate landscape.
As these companies gear up to hit Dalal Street in the coming months, investors will be keenly watching valuations, pricing strategies, and subscription trends to assess which offerings hold the most promise in the current bullish market environment.
Hashtags
#SEBI #IPO #UrbanCompany #boAt #JuniperGreenEnergy #CoronaRemedies #Allchem #IndianMarkets #EquityMarkets #MutualFundsSahiHai #StockMarketIndia #InvestInIndia #PrimaryMarket #DalalStreet
