IPO Rush: Peak XV turns ₹600 crore bet into a ₹28,000 crore windfall through three issues

In just one quarter, and from only three IPOs, the venture firm has seen value creation of more than ₹28,000 crore.

In just one quarter, and from only three IPOs, the venture firm has seen value creation of more than ₹28,000 crore.

DOMS’ managing director Santosh Raveshia said the firm is confident of achieving its annual growth target of 18% – 20%, supported by capacity expansion, new product launches, and deeper market penetration.

Dhiresh Bansal, Chief Financial Officer, Meesho highlighted that Meesho’s customer base is expanding quickly. Annual transacting users grew 14% in FY24, 28% in FY25, and 35% in the first half of FY26, crossing 23 crore users.

Within hours of opening, the IPO was subscribed 0.42 times so far. Retail investors showed strong interest, bidding 1.57 times their allotted shares, while non-institutional investors subscribed 0.49 times.

The Ministry issued a written reply to the Lok Sabha on questions posed by MPs Ranjeet Ranjan and Haris Beeran. Questions ranged from whether the government has proposed raising the FDI limit in PSU Banks to 49%, the list of…

Earlier this year, the company’s managing director and CEO Amit Kumar Sinha had told CNBC-TV18 that the company plans to launch projects worth ₹5,000 crore – 6,000 crore in the remainder of the financial year 2026.

The rupee fell to a new record low on Wednesday, December 3, crossing the mark of 90 against the US Dollar. The impact of a weak currency spreads across sectors, from IT to Pharma and even oil & gas. Here’s…

Senco Gold expects gold prices in India to rise further as investors seek safe assets. Consumers are shifting to lighter jewellery and different purities, while diamond jewellery continues steady growth.

HSBC says investors may shift from crowded AI trades in Taiwan and Korea toward India as valuations improve and currency pressures ease. Global rate policy will shape flows into 2026.

The Indian Gas Exchange (IGX) is India’s first online, delivery-based trading platform for natural gas. IEX owns the entire 100% stake in IGX.