Vijay Singh
Mumbai (Maharashtra) [India], September 3: The IPO calendar just went from busy to flat-out electric. SEBI has cleared 13 companies to hit the primary market, and the headliners are big names: boAt, Urban Company, Juniper Green, Jain Resource Recycling, and Mouri Tech. Together, they’re lining up to raise over ₹21,000 crore.
When India’s markets regulator waves the green flag, investors should pay attention. Let’s break down the heavyweights in this upcoming IPO lineup.
01 boAt IPO: Round Two for Imagine Marketing
boAt’s parent company, Imagine Marketing, is finally stepping back into the IPO ring. After shelving its 2022 plans, the Warburg Pincus-backed consumer electronics brand is aiming higher this time, a valuation of around ₹13,000 crore, according to filings.
This IPO will be a second shot at going public, and the timing couldn’t be sharper. With wearables, audio, and lifestyle tech booming in India, boAt is betting investors are ready to back its growth story.
02 Urban Company IPO: Services Giant Goes Public
Urban Company is no startup experiment. The home and beauty services platform is dropping its IPO on September 10, aiming to raise ₹1,900 crore.
- Issue Size: ₹1,900 crore
- Fresh Issue: 4.58 crore shares worth ₹472 crore
- Offer for Sale (OFS): 13.86 crore shares worth ₹1,428 crore
- Price Band: ₹98–103 per share
- Timeline: Opens Sept 10, closes Sept 12, listing expected Sept 17 on BSE and NSE
Kotak Mahindra Capital is leading the charge, with MUFG Intime India as registrar. If demand matches hype, Urban Company could set the tone for this IPO season.
03 Juniper Green IPO: Betting on Renewable Power
Juniper Green Energy, based in Gurugram, is ready to bring clean power to the markets. The renewable energy producer filed its DRHP in July 2025 and plans to raise up to ₹3,000 crore.
The proceeds are earmarked to cut borrowings worth ₹2,250 crore. That’s not just financial housekeeping, it’s a signal the company wants to sharpen its balance sheet while scaling solar, wind, hybrid, and dispatchable renewable projects.
Backed by Juniper Renewable Holdings, this IPO will put India’s green energy ambitions directly in the portfolios of retail and institutional investors alike.
04 Jain Resource Recycling IPO: Betting on Scrap to Scale
Recycling might not sound glamorous, but Jain Resource Recycling has real numbers on its side. SEBI has approved its ₹2,000 crore IPO, split between a fresh issue of ₹500 crore and an OFS worth ₹1,500 crore.
The company is in the business of turning non-ferrous metal scrap into usable products, think lead, copper, and aluminium alloys. With India’s manufacturing ecosystem hungry for raw material, this listing could ride the sustainability wave.
DAM Capital, ICICI Securities, Motilal Oswal, and PL Capital are running point as lead managers.
05 Mouri Tech IPO: Global Tech Play
Mouri Tech has also secured the regulator’s nod to raise ₹1,500 crore. This marks its second attempt, after an earlier DRHP in 2024.
- Fresh Issue: Up to ₹250 crore
- OFS: Up to ₹1,250 crore
The Hyderabad-based IT services firm plans to channel proceeds into its U.S. subsidiary MT USA and pay down debt. With Indian IT continuing to command global respect, Mouri Tech is angling to cash in on investor appetite.
Why This Matters for Investors
Thirteen IPOs in one wave show India’s equity markets are not just liquid, but buzzing with companies confident enough to go public. For retail investors, the choice set just widened, from wearables to renewables, scrap recycling to tech services.
It’s also a reminder of how SEBI’s nod is the ultimate green light. When the regulator clears 13 companies at once, the message is clear: buckle up.
