Unlisted Shares Market Heats Up as Mega IPOs Near Launch (58)
📢 UNLISTED SHARES & PRE-IPO UPDATE 🚀
The unlisted market is witnessing massive momentum as mega-IPO preparations hit top gear. Here are the top headlines moving the grey market this week:
🔥 1. NSE Files DRHP for Mega $3 Billion IPO!
The wait is finally over. The National Stock Exchange (NSE) has officially filed its Draft Red Herring Prospectus (DRHP) with SEBI for India’s largest-ever IPO. Early institutional backers like SBI are eyeing staggering returns. Unlisted shares remain highly firm as valuation nears the ₹5 Lakh Crore mark.
📦 2. Zepto & Jio Platforms Load the IPO Pipeline
* Zepto: The quick-commerce giant has updated its IPO filing, keeping its unlisted counters incredibly active.
* Platforms: Draft papers are circulating, positioning it alongside NSE as one of the most anticipated public entries.
💰 3. SBI Funds Management Gets SEBI Nod
SBI Funds Management has cleared SEBI hurdles and is moving ahead with its heavy-weight IPO plans. The RHP filing is widely expected by early July.
🏥 4. Corporate Actions & Growth Moves
* Oravel Stays (OYO): Expected to receive final SEBI clearance this week after trimming its IPO size to ₹6,500 Crore.
* Apollo Green Energy & Furlenco: Topping the volume charts with strong month-on-month buying momentum in the unlisted space.