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Glottis IPO Closes: ₹307 Crore Logistics Issue Fully Subscribed
01 Oct

Glottis IPO Closes: ₹307 Crore Logistics Issue Fully Subscribed

MFNewsBrands, Breaking News, Business, Opinions, Shares, Technology, Travel
#GlottisIPO #Logistics #IPOIndia #MultimodalLogistics #RenewableEnergy #NSE #BSE #CapitalMarkets Mumbai — The Initial Public Offering (IPO) for Glottis Limited, a Chennai-based multi-modal logistics solutions provider, has closed for subscription today. The ₹307 crore issue, which was open for three days from September 29 to October 1, 2025, has been fully subscribed, driven primarily by interest from institutional and high-net-worth investors. The IPO was a Book Building issue, structured as a combination of a Fresh Issue of shares and an Offer for Sale (OFS) by the promoters. IPO Key Details at a Glance Detail Information Company Glottis Limited (Logistics Solutions Provider) Issue Type…
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Pride Hotels Files DRHP with SEBI for IPO, Planning ₹260 Crore Fresh Issue
01 Oct

Pride Hotels Files DRHP with SEBI for IPO, Planning ₹260 Crore Fresh Issue

MFNewsBrands, Breaking News, Business, Entertainment, Health, Mutual Funds, Shares, Technology, Travel
#PrideHotelsIPO #DRHP #SEBI #HotelChain #IndianHospitality #CapitalMarkets #MotilalOswal #JMFinancial #IPOIndia New Delhi — Pride Hotels Limited, a well-established homegrown Indian hospitality brand, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO). Headquartered in New Delhi, the company is recognized as the sixth-largest hotel chain in India based on chain-owned inventory within the upscale, upper midscale, and midscale segments, according to a Horwath Report. The IPO is structured to raise capital through a combination of a fresh issue of equity shares and a significant Offer for Sale (OFS). IPO…
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Jerai Fitness Files DRHP with SEBI for IPO
01 Oct

Jerai Fitness Files DRHP with SEBI for IPO

MFNewsBrands, Breaking News, Business, Entertainment, Health, Shares, Technology, Travel
#JeraiFitnessIPO #DRHP #SEBI #FitnessEquipment #IndianIPO #OFS #StockMarketIndia #EmkayGlobal #CapitalMarkets Mumbai — Jerai Fitness Limited, a prominent Indian manufacturer of fitness equipment with over three decades of industry experience, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO). The proposed public issue is structured as a complete Offer For Sale (OFS), involving the sale of up to 4,392,500 equity shares of face value ₹10 each. Crucially, the company itself will not receive any proceeds from this offering, as all funds will go to the selling shareholders. Offer for…
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LG Electronics Sets ₹1,080–₹1,140 Price Band for Massive ₹11,607 Crore IPO
01 Oct

LG Electronics Sets ₹1,080–₹1,140 Price Band for Massive ₹11,607 Crore IPO

MFNewsBrands, Breaking News, Business, Entertainment, Health, Shares, Technology, Travel
#LGElectronicsIPO #IPOIndia #StockMarketNews #PublicIssue #OFS #mfnewsdaily #IndianElectronics #RetailInvestment #CapitalMarkets New Delhi — LG Electronics Inc.’s Indian subsidiary has officially fixed the price band for its highly anticipated Initial Public Offering (IPO). The Korean home appliances and electronics giant is seeking to raise up to ₹11,607 crore through the public issue, setting the price band at ₹1,080 to ₹1,140 per equity share. According to a report on mfnewsdaily.in, the public subscription window will be open from October 7 to October 9, 2025. The anchor book portion, designated for institutional investors, will launch one day prior on October 6. IPO Details and Structure…
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Škoda Auto India drives strong quarterly growth with sustained momentum
01 Oct

Škoda Auto India drives strong quarterly growth with sustained momentum

MFNewsBrands, Breaking News, Business, Entertainment, Opinions, Technology, Travel
#SkodaIndia #SkodaKylaq #Q3Results #AutoSales #IndianAutoIndustry #SUVsales #SkodaGrowth #FansNotOwners #FestiveSeason Chandigarh – Škoda Auto India continued its strong growth trajectory in Q3 2025, registering a 110% year-on-year increase in sales between July and September, over the same period last year. Furthermore, the brand sold 6,636 cars in September 2025, marking a robust 101% year-on-year growth for the month. This momentum was fuelled by the sustained demand for the Kylaq, along with steady contributions from the Kushaq, Slavia, and Kodiaq. Commenting on the positive and consistent growth, Ashish Gupta, Brand Director, Škoda Auto India, said, “The festive season, coupled with the simplified…
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Conscious Luxury Arrives: Reliance Brands Partners with Stella McCartney to Bring Sustainable Fashion to India
01 Oct

Conscious Luxury Arrives: Reliance Brands Partners with Stella McCartney to Bring Sustainable Fashion to India

MFNewsBrands, Breaking News, Business, Entertainment, Health, Opinions, Technology, Travel
#ConsciousLuxury #StellaMcCartney #RelianceBrands #RBL #SustainableFashion #VeganFashion #CrueltyFree #IndiaFashion #LuxuryRetail #BusinessPartnership #EthicalFashion Mumbai— Reliance Brands Limited (RBL), a subsidiary of Reliance Retail Ventures Ltd. (RRVL), has formalized a strategic partnership with pioneering British designer Stella McCartney to introduce and expand her namesake fashion house across India. This collaboration is set to redefine luxury retail in the country by bringing McCartney’s distinctive blend of modern femininity, luxury design, and uncompromising cruelty-free and sustainable values to the Indian consumer. The partnership will deploy a comprehensive multichannel distribution model, ensuring wide accessibility to Stella McCartney’s signature creations. Indian consumers will now have direct access…
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Governor Inaugurates 18th Durga Puja: Tricity Durga Bari Kicks Off Grand Celebration in Panchkula
01 Oct

Governor Inaugurates 18th Durga Puja: Tricity Durga Bari Kicks Off Grand Celebration in Panchkula

MFNewsEntertainment, Health, Travel
#DurgaPuja2025 #PanchkulaDurgaPuja #TricityDurgaBari #Sector20Panchkula #DurgaBari #HaryanaGovernor #MaaDurga #Durgotsav #CulturalFestival #TricityEvents #Bhandara #ArtsAndCrafts Panchkula: The four-day Durga Puja festival commenced in Panchkula on Sunday with the formal inauguration of the 18th annual celebrations by the Hon’ble Governor of Haryana, Prof. Ashim Kumar Ghosh. The grand ceremony was held at the Community Center in Sector 20, Panchkula. The event is being organised by the Tricity Durga Bari, a youth-led organization known for its socio-cultural and charitable activities in the region. The Governor, accompanied by his wife, Mitra Ghosh, took part in the traditional rituals and extended his greetings to the people. Addressing…
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ICICI Prudential MF Unveils Conglomerate Fund: Tapping into Diversified Indian Business Giants
30 Sep

ICICI Prudential MF Unveils Conglomerate Fund: Tapping into Diversified Indian Business Giants

MFNewsBrands, Breaking News, Business, Entertainment, Mutual Funds, Opinions, Shares, Technology, Travel
#ICICIPruMF #ConglomerateFund #NFO #MutualFunds #IndianEconomy #InvestmentOpportunities #StockMarketIndia #DiversifiedInvesting #PromoterLedGroups #FinancialNews #EquityScheme #BSE Mumbai, India – In a strategic move to capitalize on the resilience and growth potential of India's large, diversified business houses, ICICI Prudential Mutual Fund today announced the launch of the ICICI Prudential Conglomerate Fund. This new open-ended equity scheme is designed to invest in promoter-led groups that boast at least two listed companies operating across multiple sectors, offering investors a unique avenue to participate in India’s economic evolution. The New Fund Offer (NFO) for the ICICI Prudential Conglomerate Fund is scheduled to open for subscription on October 3,…
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Precision Component Manufacturer Aequs Files Updated IPO Papers; Plans to Raise ₹720 Crore Fresh Issue
30 Sep

Precision Component Manufacturer Aequs Files Updated IPO Papers; Plans to Raise ₹720 Crore Fresh Issue

MFNewsBrands, Breaking News, Business, Health, Mutual Funds, Opinions, Shares, Technology, Travel
#AequsIPO #IPO #StockMarketIndia #SEBI #FreshIssue #OfferForSale #AerospaceManufacturing #MakeInIndia #PrecisionEngineering #BusinessNews #IndianMarkets BENGALURU: Precision component manufacturer Aequs Limited has filed an updated Draft Red Herring Prospectus (UDRHP) with the Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO). The public issue will comprise a fresh issue of equity shares aiming to raise up to ₹720 crore, alongside an Offer For Sale (OFS) of up to 31,772,368 equity shares by existing shareholders. SEBI granted its approval for the public issue on September 18. The company is a vertically integrated precision component manufacturer with a global footprint, catering to…
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Rays Power Infra Upsizes IPO to ₹1,150 Crore, Paving Way for New Solar Cell Manufacturing Mega-Plant
30 Sep

Rays Power Infra Upsizes IPO to ₹1,150 Crore, Paving Way for New Solar Cell Manufacturing Mega-Plant

MFNewsBrands, Breaking News, Business, Entertainment, Health, Opinions, Shares, Technology, Travel
#RaysPowerInfraIPO #SEBI #RenewableEnergy #SolarPower #TOPCon #GreenEnergy #IPOIndia #CleanTech #MakeInIndia #DalalStreet New Delhi, India –  Rays Power Infra, a prominent Gurugram-based renewable energy solutions provider, has refiled its Draft Red Herring Prospectus (DRHP) with SEBI, significantly increasing the size of its planned Initial Public Offering (IPO) to ₹1,150 crore. The move marks the company’s re-entry into the primary market after an earlier withdrawal and underscores a massive push into cutting-edge solar technology manufacturing. The revised IPO structure consists of a fresh issue of shares worth ₹900 crore, which is triple the fresh issue size of ₹300 crore planned in its earlier…
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