IPO fever is back in India. The pipeline is heating up as four DRHPs file with Sebi—CJ Darcl Logistics, Lalbaba Engineering, Pride Hotels, and Jerai Fitness—shaping early sentiment. [3]
Tata Capital is the caution flag in this rally. The DRHP shows a ₹15,511.87 crore issue—₹6,846 crore fresh and ₹8,665.87 crore OFS—and debt near ₹2 trillion. NPAs at the housing-finance arm hover around 7%; one-time gains skew FY23 profits, and ESOs could dilute shareholders. Governance and legal headwinds add to the risk. [1]
Platform friction shows up in ASBA via Slice: users report being unable to apply through Slice savings accounts; the workaround has long been banks like SBI and ICICI Bank savings accounts. [4]
Allotment chatter adds flavor to the scene: posts echo “Average it till you own it,” with GMP talk and retail slot twists reminding everyone that allotment dynamics can make or break the IPO mood. [2]
Closing thought: watch how these DRHPs translate into real listings as investors juggle pipeline momentum with practical hurdles.
References
IPO details, risk notes, debt concerns, valuations, and investor sentiment on Tata Capital IPO; mixed views; not recommended by some
View sourcevery nice ipo allotment 😍😍
Indian IPOs discussed; GMP, retailers, risks, fundamentals; advice to hold, wait for bounce, assess company prospects and anchor book analysis.
View sourceIPO pipeline heats up: CJ Darcl Logistics, Lalbaba Engineering, Pride Hotels and Jerai Fitness file DRHP with Sebi
India's market sees four companies filing DRHPs with SEBI for fresh issues and OFS across logistics, engineering, hospitality, and fitness.
View sourceUnable to apply for IPO using slice saving bank account
User seeks IPO application workaround using Slice Savings, notes ASBA constraints, asks for better options and alternatives from SBI, ICICI
View source