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Unicorn IPO rush gains momentum

Financial Express Kolkata

|

November 17, 2025

© Four issues worth ~26,000 cr to test investor appetite

- NESIL STANEY

THE UNICORN IPO frenzy shows no signs of slowing. After a flurry of listings — Lenskart, Groww, Pine Labs and Physics Wallah — in early November, e-commerce player Meesho, renewable energy firm CleanMax Enviro, and AI startup Fractal are preparing to announce their issues in the first half of December.

Meesho and CleanMax Enviro have already secured approval from the Securities and Exchange Board of India (Sebi) to raise 6,000 crore and €5,200 crore, respectively. The approvals are valid fora year, and both IPOs are expected to be announced in the first week of next month.

These will follow Milky Mist Dairy Foods’ *2,035-crore IPO, which includes a fresh issue of up to 1,785 crore and an offer for sale (OFS) of up to 250 crore. Two other large issues —

LISTING FEVER

Financial Express Kolkata से और कहानियाँ

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Wakefit to float IPO on Dec 8; eyes ₹1,400 crore

HOME AND FURNISHINGS company Wakefit Innovations is launching its initial public offering (IPO) on December 8 to raise around ₹1,400 crore.

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Real value lies in ease of use

THESE WATCHES ALSO REDUCE PHONE RELIANCE

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NFRA poised to get green light to draft regulations

Dedicated fund proposed in new Bill for regulator

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Kohli gets rolling in Ranchi, rolls back years with 52nd ODI ton

AT MS DHONI'S hometown, they set the bar high for their heroes. On the long walk to the stadium, fans in India blues articulated their wishes to reporters and influencers eager to capture the voice of the people.

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2 mins

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Reduce exposure in small caps, shift to large caps

FIVE-YEAR DREAM RUN OF MID AND SMALL CAPS MAY BE ON ITS LAST LEGS

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2 mins

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Aluminium units hit by rising imports, weak exports

STRUGGLING WITH DECLINING exports and rising imports, the domestic aluminium manufacturing industry may put its proposed ₹2 lakh crore capacity expansion plan on the back burner, several industry executives said.

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2 mins

December 01, 2025

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Nabard: Agri credit to grow to ₹32.5 lakh cr in FY26

CREDIT TO THE agriculture sector from commercial banks and regional rural banks is set to exceed a record ₹ 32.5 lakh crore in FY26, driven by greater formalisation of rural lending and rising credit demand, according to Nabard.

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1 min

December 01, 2025

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Hong Kong acts to quell anger

HONG KONG'S GOVERNMENT moved to stamp out mounting public anger in the wake of the city’s deadliest fire in nearly eight decades, which left at least 146 people dead and raised questions about missed warnings.

time to read

1 min

December 01, 2025

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Govt to push major Bills in Parliament

· Winter session begins today; concludes on Dec 19

time to read

2 mins

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India to get more Morocco fertiliser

MOROCCO PLANS TO supply close to 3 million tonnes (MT) of phosphatic fertilisers-including diammonium phosphate (DAP), nitrogen-phosphoruspotassium (NPK) blends, and triple superphosphate (TSP)- to India by the end of the year through its stateowned enterprise OCP Nutricrops.

time to read

1 min

December 01, 2025

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