After a two-month lull, India's mainboard IPO market is eyeing a selective June revival. Hexagon Nutrition and CMR Green Technologies lead near-term issues, while Zepto, Reliance Jio Platforms, Credila, Hero FinCorp, SBI MF and NSE remain queued, awaiting better conditions across a ₹2.42 lakh crore pipeline of 161 companies.

The Hindu BusinessLine · 5/31/2026, 1:37:53 PM

Altimeter Capital sold 1.56 Cr Pine Labs shares at ₹135.21 — second major PE exit in a week after Madison India's ₹357 Cr offload. SBI MF picked up 1.32 Cr shares (₹177.79 Cr); Nippon added 70 lakh (₹94.50 Cr). Pine Labs posted maiden full-year profit of ₹112.5 Cr on FY26 revenue of ₹2,710.6 Cr (+19% YoY).

Inc42 · Buzz · 5/27/2026, 2:41:29 PM

Zepto's unlisted shares have slumped 25% in three months to Rs 42-43 as the quick commerce major lines up a $1 billion IPO targeted for July at a Rs 40,000-44,000 crore valuation. Investors are reassessing the cash-burn versus profitability trade-off against listed rival Eternal's Blinkit and Swiggy Instamart.

Business Today · Latest · 5/26/2026, 10:39:33 AM