Urban Company, Shringar House, and Dev Accelerator IPOs drew record bids worth 1.22 lakh crore. Urban Company led with subscriptions nearly 100 times the offer, highlighting robust investor demand despite stretched valuations and high-risk considerations.
Growws parent, Billionbrains Garage Ventures, plans to file for a $650800 million IPO in Mumbai, aiming at an $8 billion valuation, backed by Satya Nadella. If successful, Groww will surpass Angel One as Indias most valuable brokerage.
SME IPOs in 2025 have raised Rs 6,819 crore by August, marking the second-highest annual fundraising. With 154 issues, the segment shows strong investor interest. Fourteen IPOs turned multibaggers, supported by solid fundamentals and growth narratives. The market is poised to challenge 2024s record, highlighting SMEs role in Indias equity growth.
Indias REIT market has grown to USD 18 billion since 2019 and could surpass USD 25 billion by 2029. Backed by reforms and expansion into retail, logistics, and data centres, it is emerging among the worlds fastest-growing REIT markets.
In CY25, select BSE500 stocks have significantly outperformed the broader market. Nine top performers, led by Godfrey Phillips India, have surged between 50% and 99%, rewarding investors. With bullish momentum continuing into the final quarter, market watchers are closely tracking these equity winners.
Jefferies has cut price targets for TCS, Infosys, Wipro, HCLTech, and Tech Mahindra amid AI-driven disruption and slow global tech spending. While preferring Coforge and HCLTech, the brokerage warns that large-cap IT valuations already reflect optimism, advising selective exposure amid near-term demand softness.
Gold ETFs witnessed a surge in August, with inflows jumping 74% to 2,189 crore, driven by its appeal as a portfolio diversifier amid global uncertainties. Experts highlight gold's role as a hedge against volatile equity markets and geopolitical tensions.
