Current IPO in India 2025

Established in 1997, LG Electronics India Limited is a producer and distributor of home appliances and consumer electronics (except mobile phones). The company retail products to B2C and B2B consumers within India and abroad. The company provide installation services, and repair and maintenance services for all our products. LG Electronics India Limited run the business under two segments: 1. Home Appliances and Air Solutions and 2. Home Entertainment. The company operates 2 manufacturing facilities, 2 central distribution facilities, 23 regional distribution facilities, and 51 branch offices and is serviced by 31,291 sub-dealers as of June 30, 2024. LG Electronics has two state-of-the-art manufacturing facilities in Noida (the Noida Manufacturing Unit) and Pune (the Pune Manufacturing Unit). The company have 25 product warehouses forming a pan-India supply chain network with two central distribution centers (CDCs) and 23 regional distribution centers (RDCs) as of June 30, 2024. The firm has a total of 282 employees as of June 30, 2024, and 472 B2B trade partners as of June 30, 2024. The firm also has services provided by 949 service centers in urban and rural India, backed by 12,590 engineers and four call centers, as of June 30, 2024.

Hero Motors began its operations in 2001 with the Alloys and Metallic’s segment and today is India's leading automotive technology company. The company specializes in designing, developing, manufacturing, and supplying highly engineered powertrain solutions for automotive OEM manufacturer across the world. Their products are used in various categories, including two-wheelers, performance automotive, e-bikes, off-road vehicles, electric and hybrid cars, heavy duty vehicles, and electric vertical take-off and landing (eVTOL) categories. The company has a diverse product portfolio catering to electric vehicles (EVs) and internal combustion engine vehicles (ICEs). They are the only player manufacturing and exporting CVT hubs to global e-bike OEMs from India and are the only manufacturer of integrated electric powertrain products for e-bikes in India. The company has been involved in acquisition and joint venture to step into new horizons. The company has developed in-house design and engineering capabilities, as well as manufacturing and validation capabilities, with adequate R&D resources, equipment, assembly lines, and end-of-line testing machines.

Tata Capital Limited (TCL), a company offering diversified financial services, was incorporated in 2007 and is a wholly owned subsidiary of Tata Sons Private Limited. Tata Capital, being an NBFC, provides different financial solutions to people and organizations in India. At Tata Capital, customers can access various types of products, including personal loans, home loans, auto loans, education loans, and loans against property. It gives businesses commercial finance support by offering term loans, working capital loans, equipment financing, and lease rental discounting, which helps those in various industries grow. In addition to loans, Tata Capital covers wealth management, including portfolio creation, advisory on investments, and bringing various financial products to customers. Equity capital markets, mergers and acquisitions advice, and structured finance are some of the services offered by the company’s investment banking unit to guide clients during complicated financial situations. The private equity arm helps to invest in companies with great chances of expanding, supporting both business and corporate growth. The finance division for cleantech at Tata Capital focuses on sustainability and provides money and support for clean energy, efficient energy use, waste handling, and sustainability in water use. Established in Mumbai, Maharashtra, Tata Capital runs over 723 branches from all parts of India. Based on the core values of the Tata Group, Tata Capital helps to spread financial services and further the economy in India.

Incorporated in 2008, Vikran Engineering Limited is an Engineering, Procurement, and Construction (EPC) entity.The projects of the company include underground water distribution and surface water extraction, overhead tanks, and distribution networks. Service Sectors: Power Transmission and Distribution: Experts in extra-high voltage (EHV) substations up to 400kV and integrated power distribution solutions. Water Infrastructure: Involved in underground water distribution, surface water extraction, overhead tanks, and distribution network projects. Railway Infrastructure: Offering services in railway infrastructure projects. Solar Energy: Increasing presence in solar EPC projects. As of August 31, 2024, we have executed 44 projects in 11 states with a total executed contract value of Rs 18,958.14 million. As of August 31, 2024, we have 34 projects under execution in 17 states, aggregating orders of Rs 39,570.55 million, of which the Order Book is Rs 19,557.00 million. The clients of the company in the government industry are NTPC Limited, Power Grid Corporation of India Limited, South Bihar Power Distribution Co. Ltd., North Bihar Power Distribution Co. Ltd., Transmission Corporation of Telangana Limited and others. The company has pan-India operations backed by 195 sites and store locations up to August 31, 2024. The company provide a variety of EPC services that meet the individual requirements of our customers pan-India.

SolarWorld Energy Solutions Limited was founded in 2013 and provides solar energy solution services that deliver engineering, procurement, and construction (EPC) for solar power projects. Its client list features SJVN Green Energy Limited, Haldiram Snacks Private Limited, Ethnic Food Manufacturing Private Limited, and Samiksha Solarworld Private Limited.

Brigade Hotel Ventures Limited is the owner and builder of hotels in major cities in India, mainly in South India. The company is a fully-owned subsidiary of BEL, one of India's top-ranked Indian realty developers. The firm owns chain-branded hotels and rooms in South India (inclusive of the states of Kerala, Andhra Pradesh, Tamil Nadu, Karnataka, Telangana, and Union territories Lakshadweep, Andaman and Nicobar Islands and Pondicherry) among large private hotel asset owners (i.e., having minimum 500 rooms pan India) as on June 30, 2024. The hotels offer an integrated customer experience, such as fine dining and specialty restaurants, meeting places for incentives, conferences, and exhibitions (MICE), lounges, swimming pools, open areas, spas, and gymnasiums. The company have nine operating hotels under their portfolio spread across Bengaluru (Karnataka), Chennai (Tamil Nadu), Kochi (Kerala), Mysuru (Karnataka) and the GIFT City (Gujarat) with 1,604 keys. The company's hotels are managed by international marquee hospitality players like Marriott, Accor and InterContinental Hotels Group.

Patel Retail Limited, established in 2008, is a leading retail supermarket chain primarily serving tier-III cities and suburban areas, particularly in Maharashtra's Thane and Raigad districts. With a focus on value retail, the company operates thirty-one stores spanning approximately 1,26,000 sq. ft. As part of its strategy to enhance margins and brand visibility, Patel's R Mart has introduced private label products like Patel Fresh pulses and Indian Chaska spices, sourced and packaged at their processing facility in Ambernath, Maharashtra.

IndiaFirst Life Insurance started operating in 2009 as a private life insurance company. The Indian private life insurance firm was one of the fastest growing regarding New Business IRP in fiscal 2022. It recorded 27.3% CAGR growth in New Business in IRP for the 5-year period ending in fiscal 2022, against the private life insurance segment’s growth of 13.9% CAGR. IndiaFirst Life Insurance is backed by Bank of Baroda - the third-largest public sector bank, and Union Bank of India, the fifth-largest PSU bank. It primarily operates through the expansive bancassurance network, which contributed 91.34% of New Business IRP in fiscal 2022.

Avanse Financial Services Limited is an education-oriented NBFC leader in India. Its assets under management are the second largest in the market, and its ranking for loan disbursements and profit also leads within its peer group. This education advancement-focused NBFC has student loans available for both studies within the country and international study pursuits. Also, secured loans are available to support education institutions' growth and their infrastructure requirements. Beyond loans, value-added services including life, health, and travel insurance, wellness resources, foreign exchange, and financial health reports are all provided to customers through strategic third-party partnerships. Avanse operates at the grassroots level with a presence across 545 locations across 19 branches, supported by a 215-strong sales force and digital acquisition channel reach into major educational hubs as well as students across the country. Avanse stands for accessible education financing, which empowers students and institutions across the nation with committed, full-spectrum support. It has serviced 545 locations in India and maintained a hybrid presence by strategically combining its physical branch network of 19 branches and sales offices and its 215-strong sales team with the distribution network. As of March 31, 2024, the company's distribution network consisted of 320 active education advisors and aggregators (agents specializing in education loans), 452 direct sales agents (DSAs), and the direct acquisition channel, which includes the digital marketing initiatives and referrals from existing customers.

A diversified financial services company, Hero FinCorp offers two-wheeler financing, advances for buying homes in the affordable housing segment, loans for education, and lends to the small and medium enterprise sector. The lender has presence in over 4,000 cities and towns across India and nearly 2,000 retail financing touchpoints within Hero MotoCorp's network.

Incorporated in November 2013, Imagine Marketing Limited is a consumer products company with a digital-first approach. The company provides a broad portfolio of high-quality, lifestyle-oriented consumer products at affordable price points, under its brands boAt. The company provides products across a range of price points and customer segments in several product categories, which include: Audio (wired earphones and headphones, wireless earphones and headphones (neckbands), true wireless stereo (TWS), Bluetooth speakers, home theater systems and sound bars) Wearables (smartwatches) Gaming accessories (wireless and wired headsets, mouse and keyboards) Personal care appliances (trimmers and grooming kits) Mobile accessories (chargers, cables, power banks and other accessories).

Polymatech Electronics Limited was originally incorporated as Polymatech Electronics Private Limited on May 29, 2007. The company is the first opto-semiconductor chips manufacturer in India. They have a manufacturing facility in Kancheepuram, Tamil Nadu and have bought a BTS (Built to Suit) facility in Krishnagiri, Tamil Nadu. The products of the company are categorised as fully packaged opto-semiconductor chips and luminaries, which are LED lights used for commercial purposes. They began the opto-semiconductor chips production in 2019 and use European and Japanese technologies to offer high-quality products to meet international standards. The company designs, fabricates, manufactures, packs and assembles the opto-semiconductor chips and sells them directly to customers. These chips are also used in their luminary assembly. The company’s luminaries are installed at several factories, temples and stadiums, such as Vishay Precision Group, Shin-Etsu, Japan, Sawai Mansingh Stadium, Parthasarathi Temple, Chennai and more. The opto-semiconductor industry in the world is expected to touch USD 59,224 million by 2028 from USD 43,780 million in 2022. The growth is primarily driven by the automotive sector and infrastructure providers to provide lighting in commercial spaces or households. The company can benefit from the demand.

SMPP Limited is a manufacturer and designer of defence equipment. The company produces ammunition parts, personal protection items and protection kits for land, air and sea platforms. The product range of the company encompasses Bullet Resistant Jackets, Bullet Resistant Helmets, Bullet Resistant Hard Armor Plates, Bullet Resistant Shields and Combustible Cartridge Cases. The company serve the equipment needs of the armed forces, police, paramilitary and other security forces. The company has been exporting our personal protection products since 2008 and has shipped the products to customers in 23 countries of Europe and Asia during April 1, 2021 to June 30, 2024. The manufacturing facility of the company is located in Palwal, Haryana, India (Palwal Manufacturing Facility).

Company incorporated in February 2015, Sri Lotus Developers and Realty Limited is a residential and commercial property developer based in Mumbai, Maharashtra, with expertise in redevelopment projects for the ultra-luxury and luxury segment of the western suburbs. As on November 30, 2024, the company owns an area of 0.68 million square feet developable, covering residential and commercial properties. The developmental interest of the company is, for the most part, centered on ultra-luxury and luxury residential developments, as well as commercial developments, through the following activities: Construction and development of the flats denoted as 2BHK and 3 BHK, which fall in the range of ₹3 crores to ₹7 crores, fall under the Luxury Residential Segment. The construction and development of 3BHK and 4 BHK, and flats and penthouses with more than four bedrooms (4+ BHK) rentals pricing is above ₹7 crores. This product is combined with the Luxury Residential Segment The construction and development of commercial office spaces (Commercial) Segment). The company has three (3) Completed Projects, six (6) Ongoing Projects and seven (7) Upcoming Projects as of November 30, 2024.

Founded in 2007, Travel Food Services Limited is an Indian airport travel quick service restaurant (Travel QSR) and lounge (Lounge). The food and beverage (F&B) brand portfolio of 117 partner and in-house brands operates in 397 Travel QSRs in India and Malaysia, as of June 30, 2024. Travel QSR business includes an assortment of developed food and drink (F&B) ideas by cuisine, brand and format, that have been modified to serve to the needs of speed and convenience of customers in travel settings. Travel Food Business Limited's lounge business includes defined areas within airport terminals, which are accessible mainly by first and business-class passengers, airline loyalty programmes members, chosen credit card and debit card holders and members of other programmes. The company's Lounge business is located in 14 airports in India and three airports in Malaysia, as of June 30, 2024. Examples of such airports are the Delhi Airport, Mumbai Airport, Bengaluru Airport, Hyderabad Airport, Kolkata Airport, and Chennai Airport. As of June 30, 2024, Travel Food Services existed at the Delhi airport for 14 years, Mumbai airport for 15 years, Bengaluru airport for 5 years and Chennai airport for 11 years.

JSW Cement Limited, which was incorporated in 2006, is an Indian green cement manufacturer. Being a member of the JSW Group, the organization works on sustainability and innovation in the cement sector. The organizational product line consists of Portland Slag Cement (PSC), Ground Granulated Blast Furnace Slag (GGBS), and Composite Cement. The firm had seven plants spread throughout the nation, comprising one integrated plant, one clinker plant, and five grinding plants in Andhra Pradesh (Nandyal plant), Karnataka (Vijayanagar plant), Tamil Nadu (Salem plant), Maharashtra (Dolvi plant), West Bengal (Salboni plant), and Odisha (Jajpur plant and majority-owned Shiva Cement Limited clinker plant). As of 31st March, 2024, JSW Cement Limited had an installed grinding capacity of 20.60 MMTPA, of which 11.00 MMTPA were located in the southern region, 4.50 MMTPA in the western region, and 5.10 MMTPA in the eastern region of India. JSW Cement Limited markets its products through a well-connected network. As of 31st March, 2024, there were 5,043 dealers, 10,412 sub-dealers, and 164 warehouses in the distribution network of the company.

Established in1987, Paras Health is a healthcare service provider having a chain of hospitals spread over North India, Bihar, and Jharkhand. As of March 31, 2024, Paras Health had a combined bed capacity of 2,135 beds, which ranked the company as the fifth-largest healthcare service provider by bed capacity among its peers in these locations. The organization has eight hospitals with the Paras Health brand, namely Gurugram and Panchkula (Haryana), Patna and Darbhanga (Bihar), Kanpur (Uttar Pradesh), Udaipur (Rajasthan), Ranchi (Jharkhand), and Srinagar (Jammu and Kashmir, UT). Paras Health increased its bed strength from 1,250 beds in March 2022 to 2,135 beds in March 2024. As of March 31, 2024, the company had a medical staff of 1,091 doctors and 1,509 nurses at its hospitals.

Capital Small Finance Bank Limited is a a small finance bank. In 2015, Capital SFB became the first non-NBFC microfinance entity to receive the SFB license. The company has a strong presence in semi-urban and rural areas with a branch-based operating model. Capital Small Finance Bank targets middle-income customer segments with an annual income of ₹0.4-5 million. They aim to be the primary banker for these customers through a mix of product offerings, customer service, physical branches, and digital channels. Capital Small Finance Bank is headquartered in Jalandhar, Punjab and has strategically expanded its SFB operations in northern states of India such as Punjab, Haryana, Rajasthan, Delhi, Himachal Pradesh and UT Chandigarh. As of June 30, 2023, Capital Small Finance Bank had a presence in five states and one union territory, with a total of 172 branches and 174 ATMs. The bank's branches were predominantly located in rural and semi-urban areas, covering 24 districts, and serving approximately 75.90% of the total customers, both in terms of credit and deposits. This suggests that the bank has a well-defined niche catering to the middle-income group, with a special emphasis on rural and semi-urban areas. As of March 31 and June 30, 2023, respectively, 99.82% and 99.84% of the bank's loan book was secured, with 85.16% and 84.66% of loans secured by immovable properties. The average ticket size of Capital Small Finance Bank agriculture, MSME and trading, and mortgage lending products as of March 31, 2023, were ₹ 1.23 million, ₹ 1.82 million, and ₹ 1.16 million respectively. As of June 30th, 2023, Capital Small Finance Bank has a total of 1827 employees working for the organization.