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Unicorn IPO rush gains momentum
Financial Express Pune
|November 17, 2025
© Four issues worth ~26,000 cr to test investor appetite
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
यह कहानी Financial Express Pune के November 17, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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