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Quick-commerce unicorn Zepto has taken a decisive step towards going public by confidentially filing draft initial public offering (IPO) papers with the Securities and Exchange Board of India (SEBI). The company is aiming for a stock market debut in 2026, positioning itself among the next wave of high-profile Indian tech listings.By choosing the confidential pre-filing route, Zepto gains flexibility to refine key aspects of its IPO — including issue size, valuation, and timing — while assessing market conditions and regulatory feedback before making details public.Proposed IPO Size and Growth StrategyMarket estimates suggest the IPO could raise around ₹11,000 crore, comprising a mix of fresh equity issuance and an offer for sale by existing shareholders. The proceeds are expected to support Zepto’s expansion plans, strengthen its balance sheet, and accelerate investments in technology, supply chain infrastructure, and dark store operations.Founded in 2021 by Aadit Palicha and Kaivalya Vohra, Zepto has rapidly scaled its 10-minute delivery model across major Indian metros. The company operates in an intensely competitive segment but has emerged as one of the fastest-growing players in the quick-commerce space.Valuation and Investor BackingZepto is currently valued at approximately $7 billion, following recent funding rounds that brought in large global and domestic investors. Since inception, the company has raised close to $1.8 billion in venture capital, reflecting strong investor confidence in the quick-commerce opportunity despite margin pressures in the sector.Industry LandscapeIndia’s quick-commerce market has witnessed rapid consolidation and public market interest. Competitors such as Blinkit and Instamart already benefit from listed parent entities, intensifying the spotlight on Zepto’s public market ambitions. A successful IPO would further validate the business model and set benchmarks for future consumer-tech listings.What Lies AheadWhile the final timeline remains subject to regulatory approvals and market conditions, the confidential filing indicates that Zepto is preparing for a potential 2026 listing window, likely aligning with favorable equity market cycles.As one of India’s most closely watched startups, Zepto’s IPO journey is expected to attract significant attention from institutional and retail investors, making it a key event for the country’s evolving startup and capital markets ecosystem.Source: https://www.hindustantimes.com/business/zepto-said-to-file-confidential-draft-ipo-papers-today-for-2026-listing-101766719204850.html

India has achieved a landmark milestone in its clean energy journey by recording its highest-ever annual renewable energy capacity addition in 2025. The country added an impressive 44.5 gigawatts (GW) of renewable power capacity during the year, reflecting a sharp acceleration in deployment across solar, wind, and distributed energy segments.This record expansion has taken India’s total installed renewable energy capacity to approximately 254 GW, reinforcing the country’s position as one of the world’s fastest-growing renewable energy markets.Solar Power Leads the Growth SurgeSolar energy emerged as the primary driver of capacity expansion in 2025. Nearly 35 GW of new solar capacity was added during the year, driven by large-scale solar parks, rooftop installations, and commercial and industrial projects.As a result, India’s total installed solar capacity rose to around 133 GW, marking a significant year-on-year increase and highlighting solar’s central role in the nation’s energy transition strategy.Wind Energy and Rooftop Solar Gain MomentumWind power installations also gained momentum, with close to 6 GW of new capacity added in 2025. This pushed India’s total wind energy capacity beyond 50 GW, supported by improved project execution and grid integration.Rooftop solar installations crossed important milestones as well, with widespread adoption by households, small businesses, and institutions under national incentive programs aimed at decentralizing clean energy generation.Strategic Impact on Energy SecurityThe sharp rise in renewable capacity strengthens India’s energy security, reduces reliance on fossil fuel imports, and contributes to long-term emission reduction goals. The increased share of renewables in the power mix is also expected to stabilize electricity costs over time and support industrial growth.Outlook for India’s Clean Energy TransitionThe record-breaking performance in 2025 sets a strong foundation for continued expansion in the coming years. With policy support, improving economics of clean technologies, and rising investor interest, India is well positioned to sustain high levels of renewable energy capacity additions as it moves toward its long-term climate and sustainability targets.Source: https://energy.economictimes.indiatimes.com/news/renewable/india-achieves-record-445-gw-renewable-energy-capacity-addition-in-2025/126233460

Online trading and investment platform Groww has unveiled Groww Lite, a lightweight backup trading portal aimed at ensuring uninterrupted access for users during technical disruptions or platform outages.The new portal is designed as a web-based emergency interface that allows investors to manage their open positions when the primary Groww app or website is temporarily inaccessible. This development is part of Groww’s broader efforts to enhance platform reliability and protect traders during critical market hours.What Groww Lite OffersGroww Lite is accessible through desktop and mobile browsers and does not require any additional app installation. Key features include:Secure login using users’ existing Groww credentialsMonitoring of open positionsAbility to exit or close trades when the main platform is unavailableThe portal operates on a separate infrastructure, including an independent DNS system, which helps maintain access even when the core platform or external cloud services face disruptions.Why Groww Built a Backup PortalRecent incidents of widespread technical outages in digital services have highlighted the need for resilient fail-safe systems that traders can rely on. Groww Lite has been developed to act as a contingency access layer, ensuring that users retain control over their trades even during unforeseen interruptions.When to Use Groww LiteGroww Lite is intended to be used only during exceptional circumstances, such as when service disruptions affect access to the main Groww app or website. In normal conditions, users are encouraged to continue using the full Groww platform for seamless trading and investing.How to Access Groww LiteTo use Groww Lite during a technical outage:Visit the Groww Lite web portal in a browser on your desktop or mobile device.Log in using your regular Groww credentials.Monitor and manage open positions or close trades as needed.There is no requirement for separate credentials or app downloads, making it easy for users to pivot to this backup portal in real time.Groww Lite is positioned as an additional layer of security and continuity that complements Groww’s main trading and investment platforms.Source: https://groww.in/updates/groww-lite-backup-trading-portal

Horizon Industrial Parks, a major industrial and logistics infrastructure platform backed by global private equity firm Blackstone, has formally filed preliminary papers with India’s markets regulator to launch its initial public offering (IPO). The company aims to raise approximately $300 million (around ₹2,600 crore) through the public issue, marking a key milestone in its growth strategy.This IPO follows a successful pre-IPO funding round in which Horizon secured about $200 million from institutional and marquee investors. Combined with the public offering, the total capital mobilisation target is around $500 million, underscoring strong investor interest in the logistics sector.IPO Structure and Use of FundsThe proposed IPO is structured entirely as a fresh issue of equity shares, meaning all proceeds will flow directly to the company rather than existing shareholders. A significant portion of the funds — approximately ₹2,250 crore — is expected to be deployed toward repaying existing borrowings and strengthening the company’s financial position ahead of further expansion.Pan-India Footprint and Business ModelHorizon Industrial Parks operates one of India’s largest networks of industrial, warehousing and logistics facilities. Its portfolio spans close to 60 million square feet across more than 40 assets in multiple cities nationwide. The company’s infrastructure includes fulfillment centers, industrial facilities and in-city logistics hubs that cater to rapidly growing demand for efficient supply-chain solutions.Horizon’s facilities boast high occupancy levels, a diverse customer base that includes multinational corporations, and strategic locations that provide access to millions of urban consumers.Investor Participation and Market PositioningThe recent pre-IPO funding round attracted a range of prominent institutional investors, including the State Bank of India group, SBI Life Insurance, wealth management firms and high-net-worth individuals. This backing, combined with the planned IPO, reflects confidence in Horizon’s business model and the broader logistics real estate sector.Sector OutlookThe logistics and industrial infrastructure segment in India has been drawing heightened investor attention as e-commerce, manufacturing and supply-chain modernisation drive demand for modern warehousing space. Horizon’s planned public listing adds to a series of capital market activities in the sector, signalling robust growth prospects.Source: https://www.newindianexpress.com/business/2025/Dec/29/blackstones-horizon-industrial-parks-files-for-300-million-ipo-set-to-raise-200-million-in-pre-ipo-placement

Vikram Solar shares jump over 9% following a credit rating upgrade by India Ratings. Credit rating upgrade: India Ratings and Research upgraded Vikram Solar’s credit ratings for its bank facilities totalling ₹2,700 crore, raising the long-term rating from IND A Stable to IND A+ Stable and the short-term rating from IND A1 to IND A1+. Share price reaction: Following the rating upgrade announcement, Vikram Solar’s share price climbed more than 9% in the trading session, reflecting positive market sentiment. Stock performance: The shares rose to around ₹254.75 on the National Stock Exchange (NSE), with intraday gains of up to about 9.45% on the day of the rally.  Business context: Vikram Solar is one of India’s leading solar photovoltaic (PV) module manufacturers, and the rating upgrade signals improved creditworthiness and financial strength. Quarterly results insight: In a previous quarter, the company reported a significant increase in profit after tax and growth in revenues, underlining its operational performance. Source: https://upstox.com/news/market-news/stocks/vikram-solar-share-price-rises-over-9-after-credit-rating-upgrade-from-india-ratings-check-details/article-186551/ 

HDFC Securities enables gold ETF purchases with 70% margin funding at a 1% monthly interest rate. New offering: HDFC Securities has launched a margin trading facility (MTF) for investing in gold exchange-traded funds (ETFs).Leverage allowed: Investors can fund up to 70% of the investment value through margin, while contributing the remaining amount upfront.Interest cost: The borrowed portion under the MTF will attract an interest charge of 1% per month.Investment access: The facility is available through HDFC Sky’s mobile and web platforms.Example structure: For a ₹2 lakh gold ETF investment, an investor may pay around ₹60,000 as own capital and borrow ₹1.4 lakh via margin.Eligible ETFs: Several gold ETF schemes qualify for this facility, though funding limits may vary depending on market conditions.Market context: Gold ETFs have delivered strong performance recently, increasing investor interest in leveraged exposure.Investor guidance: HDFC Securities highlighted that leverage can amplify gains as well as losses, and investors should evaluate risks and financing costs carefully. Source: https://www.livemint.com/market/hdfc-securities-allows-gold-etf-buying-with-70-margin-at-1-monthly-interest-11766569087445.html 

SBI Mutual Fund picks up a 5.8% stake in Belrise in a deal worth over ₹788 crore. Bulk deal by SBI Mutual Fund: SBI Mutual Fund purchased 5.12 crore shares in Belrise Industries, amounting to a 5.8% stake for approximately ₹788.3 crore.  BlackRock also participates: BlackRock Global Investment Series Global Equity Income Portfolio acquired another 0.79% stake (~70.5 lakh shares) in Belrise for about ₹108.37 crore at ₹153.7 per share. Seller: The shares were sold by promoter entity Sumedh Tools, which offloaded its entire 6.5% stake (over 5.83 crore shares) in the block deal worth a total of ₹896.7 crore. Belrise share performance: After the deal, Belrise’s shares rallied around 6%, having nearly doubled from the IPO price since its May 2025 listing. About Belrise Industries:Belrise Industries Ltd is an Indian Tier-1 automotive components manufacturer that designs and produces engineered parts — including metal chassis systems, suspension and steering components, polymer parts, and other vehicle structures — for two-wheelers, three-wheelers, cars, commercial vehicles and agrimobiles. The company supplies a diversified set of OEMs in India and globally and has expanded its capabilities through strategic acquisitions. Belrise has established a significant manufacturing footprint across India and is publicly traded following its IPO, attracting interest from institutional investors. Source: https://www.moneycontrol.com/news/business/markets/sbi-mfacquires-5-8-stake-in-belrise-for-over-rs-788-crore-amansa-investments-sells-2-4-shares-in-restaurant-brand-asia-13739966.html 

India’s digital-first stars Groww and Lenskart are about to cross an important milestone. Both companies will be added to the BSE Large Cap index from January 6, 2026, officially placing them among India’s most influential listed businesses by market value.This inclusion comes on the back of strong post-listing performance and sustained investor interest since their market debuts in November 2025. Groww, now a household name for retail investors, and Lenskart, one of India’s most recognisable consumer brands, have scaled into large-cap territory remarkably quickly — something rarely seen with newly listed companies.Why this matters for investorsIndex inclusion is not just symbolic. It often has real market impact:Institutional and passive funds tracking the BSE Large Cap index may be required to buy the stocksLiquidity and trading volumes typically improveStocks gain greater visibility among domestic and global investorsTogether, these factors can create steady incremental demand in the months around the index reshuffle.How the stocks are shaping upGroww has seen steady gains since listing, reflecting investor confidence in India’s fast-growing retail investing and fintech ecosystem.Lenskart has outperformed broader market averages, supported by its strong brand, expanding physical footprint, and improving unit economics.Beyond the individual stocks, this development signals a broader shift in India’s markets. Consumer internet and fintech companies are steadily claiming space in large-cap indices, which have traditionally been dominated by banks, IT services, and industrial giants.As January 2026 approaches, investors will be closely watching fund flows, index-linked buying, and price action tied to this rebalancing — all of which could shape the next phase for both Groww and Lenskart.Source: https://www.livemint.com/market/stock-market-news/groww-lenskart-to-enter-bse-large-cap-index-from-january-2026-heres-what-you-need-to-know-11766509583720.html

Bengaluru-based Tonbo Imaging, a leading player in defence electronics and advanced imaging systems, has taken a key step toward going public by filing its Draft Red Herring Prospectus (DRHP) with SEBI.The proposed IPO will be structured entirely as an Offer for Sale (OFS), meaning existing shareholders will sell part of their holdings, while the company itself will not raise fresh capital through the issue.What This IPO SignalsTonbo Imaging operates in the high-growth defence and security technology space, designing and manufacturing thermal imaging, electro-optical sensing, and advanced situational awareness systems. Its products are used across military, homeland security, and international defence applications.The OFS structure indicates that the IPO is primarily a liquidity event for current shareholders, while also positioning the company for greater visibility, governance, and access to public markets.Business Strengths & GrowthTonbo has built a strong global footprint, with its systems deployed across thousands of installations in multiple countries. The company benefits from:A diversified product portfolio across tactical, platform, and battlefield systemsA growing export-led revenue baseExposure to rising defence spending and strategic procurement programsAs investors increasingly look to defence and aerospace technology for long-term growth, Tonbo’s public market entry could draw strong interest.What to Watch Going ForwardWith the DRHP now filed, the IPO will move through SEBI’s review process before pricing and launch details are announced. Key factors investors will track include issue valuation, demand from institutional investors, and broader sentiment toward defence-tech listings.Tonbo Imaging’s IPO could mark another important step in the evolution of India’s defence technology ecosystem as it gains deeper representation in public markets.Source: https://ipocentral.in/tonbo-imaging-ipo-drhp-filing/

India’s IPO market is showing renewed momentum in 2025, emerging as a strong and reliable exit route for private equity (PE) investors. Improving stock market conditions and better listing outcomes are encouraging more PE-backed companies to tap public markets.With equity indices performing well, IPOs this year have delivered healthy exit multiples, making public listings increasingly attractive compared to secondary sales or strategic exits. As a result, PE firms are actively lining up portfolio companies for listings, particularly those with strong domestic growth stories.Why This Matters for InvestorsAfter a phase of subdued activity earlier in the year, the rebound in IPO markets offers much-needed liquidity and clarity on exits for private equity funds. Key takeaways include:Stronger equity markets are supporting better IPO valuationsPublic markets are providing clean and scalable exit routesDomestic institutional investors are showing growing appetite for PE-backed listingsThis improving environment could help unlock capital and set the stage for renewed PE investments going forward.Short-Term Pause, Long-Term Story IntactWhile PE fundraising and deal activity faced temporary headwinds due to global uncertainty, India’s fundamentals remain strong. The revival in IPO activity suggests that recent softness was cyclical rather than structural.India continues to benefit from favourable demographics, rising consumption, and a deepening capital market ecosystem — factors that support long-term investor confidence.What Lies AheadWith IPO pipelines building and exit conditions improving, private equity activity is expected to regain momentum. If market stability continues, India could see a sustained cycle of IPOs, exits, and reinvestment, strengthening the overall investment ecosystem.Source: https://timesofindia.indiatimes.com/business/india-business/indias-ipo-market-gains-momentum-boosts-pe-exits-kpmg-report/articleshow/126134529.cms