Paramotor Digital Technology Ltd has secured Sebi approval for its initial public offering. The fintech firm confidentially filed draft papers with the markets regulator earlier. Sebi's final observation was obtained on August 25, marking a key step. The company operates a diversified technology platform catering to consumers and enterprises. Its business spans spend management, rewards, digital gifting, and enterprise services.

Gaja Alternative Asset Management completed its INR 550 crore initial public offering. The company's IPO was advised by S&R Associates and Trilegal. This offering marked India's first listing by a pure-play alternative asset management firm. The IPO was oversubscribed more than 32.80 times overall. Proceeds will fund sponsor commitments and repay financing.

India is central to Incubit's long-term strategy, focusing on energy infrastructure opportunities. The group sees capacity constraints in liquid storage and LPG imports, which will rise.

Avaada Electro has filed updated draft papers for its Rs 7,600 crore initial public offering. The offering includes a fresh issue of equity shares and an offer for sale. Proceeds will fund loan repayment and general corporate purposes. The company plans significant expansion in solar cell and module manufacturing capacity. Avaada Electro will also introduce energy storage solutions and EPC services.

Under the partnership, Hyundai’s own DC fast-charging stations will also be progressively made available on the Jio-bp Pulse Charge Pro app.

Inorbit Malls has acquired two retail properties from Prozone Realty Limited. This expansion adds significant shopping destinations to its growing portfolio. The Coimbatore mall serves a growing consumer base with its large design. The Chhatrapati Sambhaji Nagar property is the region's only shopping mall. Inorbit Malls now operates eight properties across India.

IPO activity remained particularly strong, garnering more than 40% of the funds raised. So far this month, 20 companies have collected more than ₹20,850 crore, adding on to the ₹28,650 crore raised by 12 companies in July. Listed companies have also stepped up qualified institutional placements (QIP), with four companies raising ₹3,250 crore so far in August, against ₹25,114 crore by eight companies in July.

MSM Unify has appointed Rishi Kapoor as its new Chief Financial Officer. Kapoor will oversee financial strategy and lead the company's IPO readiness efforts. The global platform is targeting a dual listing on Indian and international stock exchanges. This strategic move aligns with MSM Unify's ambitious expansion plans across continents. The company aims for a fiscal year 2028 listing, signaling long-term growth.

SoftBank is gearing up for a historic bond issuance aimed at securing funding for its robust investments in artificial intelligence. This ambitious seven-year corporate bond aims to raise a staggering one trillion yen from individual investors. With a provisional coupon rate established, this marks SoftBank's largest issuance to date, as companies throughout Asia also ramp up spending to enhance their AI infrastructure. Final terms are anticipated soon.

Indian Hotels Company Ltd will merge with Oriental Hotels Ltd through an all-stock transaction. The Boards of both companies have approved this significant Scheme of Arrangement. Oriental Hotels shareholders will receive 25 IHCL shares for every 117 OHL shares. This strategic merger aims to simplify the group's holding structure and unlock portfolio potential. The transaction is expected to be completed in the second half of fiscal year 2028.

India has received $72.8 billion in dollar inflows through FCNR(B) deposits, external commercial borrowings and overseas foreign currency borrowings under the RBI’s special swap facility as of August 21.

ET Wealth presents an 8-quarter earnings assessment report of various sectors. The year-on-year net profit growth for 18 sectors is presented in the table. The significant variations in the earnings growth highlight the importance of sector diversification for managing risks and returns. By Sameer Bhardwaj.

As Gaja Capital's IPO opened for retail subscription, its Red Herring Prospectus (RHP) highlighted several risk factors that investors may need to weigh carefully, including persistent negative cash flow from operations, heavy reliance on carried interest, a temporary gap in its accounting software's audit trail and the inclusion of promoter Gopal Jain's name in an RBI default-related list

Siguler Guff has secured $500 million for India's mid-market businesses. The capital will fund founder and family-owned companies in key sectors. Investments will target firms benefiting from domestic consumption and global demand. This strategy focuses on growth capital and operational support for businesses. The firm has already deployed funds into several new ventures.

Inox Clean Energy has acquired Vena Energy India's renewable platform for Rs 6,000 crore. This significant transaction was completed within two months, showcasing rapid execution. The deal involved multiple stakeholders and financing partners, highlighting strong capabilities. Vena Energy India's portfolio includes operational and development-stage renewable assets. Following this acquisition, Inox Clean's operational capacity will significantly increase.

Market veteran Raamdeo Agrawal has called Zepto’s IPO plans premature after the quick-commerce firm deferred its proposed listing amid valuation concerns. Zepto is reportedly discussing a valuation of $2.5-3 billion, sharply below its $7 billion private valuation. Agrawal said companies should tap public markets only when profitable or close to profitability, as investors focus heavily on earnings.

Wall Street is valuing Anthropic based on future revenue projections for its upcoming IPO. The AI company projects substantial revenue growth by the year 2028. This forward-looking valuation reflects Anthropic's rapid expansion and infrastructure investments. Comparisons are being made to companies like Palantir, SpaceX, and Cloudflare. Investors anticipate rising revenues and expanding margins as the business scales.

Mumbai's primary market anticipates a busy week with seven mainboard IPOs. These offerings aim to collectively raise approximately ₹7,100 crore in capital. Horizon Industrial Parks plans the largest IPO, seeking ₹2,600 crore. Lalithaa Jewellery Mart follows, intending to raise ₹1,700 crore. The SME segment will see two smaller issues raising over ₹50 crore.

ICICI Bank is seeking a substantial $1.45 billion loan from a banking consortium. Bank of America is leading the syndicate, which includes several international banks. This four-year loan aims to attract leveraged investors to the FCNR-B deposit program. The Reserve Bank of India is absorbing currency hedging costs for these deposits. Funds will support overseas clients making foreign currency deposits with the bank.

The Bengaluru-based company had received Sebi approval on July 10 for its IPO, clearing the way for one of the largest listings by a new-age manufacturing company. It had submitted its pre-filed DRHP through Sebi’s confidential filing route in late March.